Tecnoglass Inc. (TGLS) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 720.06M | 653.56M | 658.45M | 639.4M | 636.76M | 560.01M | 546.84M | 516.66M | 549.64M | 535.76M | 537.15M | 527.81M | 500.99M | 432.13M | 392.18M | 368.69M | 344.81M | 326.27M | 317.37M | 317.88M |
| Cash & Short-Term Investments | 94.36M | 104.05M | 127.07M | 140.85M | 160.16M | 137.53M | 124.78M | 129.5M | 138.78M | 132.41M | 121.45M | 107.05M | 130.68M | 105.72M | 86.64M | 101.03M | 87.06M | 86.99M | 88.56M | 102.37M |
| Cash Only | 91.12M | 100.9M | 123.99M | 137.91M | 157.3M | 134.88M | 122.09M | 126.81M | 135.88M | 129.51M | 118.97M | 104.69M | 128.54M | 103.67M | 84.43M | 98.62M | 84.43M | 85.01M | 86.52M | 100.3M |
| Short-Term Investments | 3.24M | 3.15M | 3.08M | 2.95M | 2.86M | 2.65M | 2.69M | 2.7M | 2.9M | 2.91M | 2.48M | 2.37M | 2.14M | 2.05M | 2.21M | 2.41M | 2.62M | 1.98M | 2.04M | 2.08M |
| Accounts Receivable | 295.6M | 277.77M | 277.13M | 261.7M | 253.45M | 231.43M | 230.08M | 203.44M | 193.18M | 191.22M | 192.18M | 205.69M | 186.89M | 174.2M | 152.99M | 132.2M | 125.08M | 132.76M | 130.36M | 123.84M |
| Days Sales Outstanding | 103.62 | 104.06 | 95.16 | 91.72 | 98.16 | 88.61 | 83.67 | 82.16 | 90.8 | 90.63 | 86.84 | 79.29 | 80.19 | 71.29 | 65.01 | 69.22 | 86.24 | 90.47 | 88.82 | 91.49 |
| Inventory | 253.28M | 213.52M | 194.4M | 176.52M | 155.82M | 139.64M | 142.94M | 132.5M | 144.21M | 159.07M | 165.85M | 161.77M | 143.06M | 125M | 122.8M | 111.91M | 104.53M | 84.97M | 80.14M | 74.72M |
| Days Inventory Outstanding | 137.14 | 127.59 | 114.39 | 107.08 | 106.57 | 97.68 | 98.15 | 96.79 | 116.98 | 133.9 | 125.36 | 119.97 | 127.13 | 112.99 | 111.9 | 103.13 | 114.91 | 99.14 | 88.92 | 91.5 |
| Other Current Assets | 76.82M | 6.03M | 59.85M | 60.32M | 67.34M | 7.18M | 49.04M | 51.22M | 73.47M | 7.99M | 57.67M | 53.3M | 40.36M | 10.86M | 29.74M | 23.55M | 28.15M | 4.74M | 18.31M | 16.95M |
| Total Non-Current Assets | 640.39M | 606.83M | 569.63M | 541.81M | 501.53M | 456.64M | 449.44M | 425.83M | 431.93M | 426.96M | 401.91M | 364.45M | 318.47M | 302.17M | 285.9M | 286.92M | 280.76M | 265.29M | 256.87M | 247.8M |
| Property, Plant & Equipment | 502.51M | 476.16M | 445.07M | 421.95M | 387.92M | 344.43M | 341.47M | 323.98M | 329.24M | 324.59M | 299.12M | 266.78M | 223.55M | 202.87M | 184.11M | 183.59M | 182.76M | 166.63M | 156.86M | 149.57M |
| Fixed Asset Turnover | 0.51x | 0.53x | 0.60x | 0.63x | 0.61x | 0.70x | 0.72x | 0.67x | 0.59x | 0.62x | 0.74x | 0.92x | 0.95x | 1.09x | 1.10x | 0.92x | 0.77x | 0.83x | 0.86x | 0.84x |
| Goodwill | 30.06M | 30.06M | 30.06M | 30.18M | 23.56M | 23.56M | 23.56M | 23.56M | 23.56M | 23.56M | 23.56M | 23.56M | 23.56M | 23.56M | 23.56M | 23.56M | 23.56M | 23.56M | 23.56M | 23.56M |
| Intangible Assets | 13.45M | 12.96M | 13.16M | 12.78M | 4.86M | 4.39M | 3.88M | 3.59M | 3.31M | 3.48M | 3.25M | 2.52M | 2.61M | 2.71M | 2.83M | 3.03M | 3.15M | 3.34M | 3.84M | 4.32M |
| Long-Term Investments | 84.92M | 59.23M | 57.76M | 56.63M | 64.61M | 64.93M | 61.54M | 60.15M | 61.62M | 62M | 61.52M | 60.41M | 59.29M | 58.95M | 57.25M | 55.06M | 53.39M | 51.47M | 50.7M | 49.41M |
| Other Non-Current Assets | 7.09M | 27.17M | 23.03M | 19.79M | 20.14M | 19.04M | 18.7M | 14.31M | 13.93M | 13.16M | 14.35M | 11.07M | 9.29M | 13.53M | 15.26M | 19.15M | 17.73M | 19.7M | 19.67M | 19.68M |
| Total Assets | 1.36B | 1.26B | 1.23B | 1.18B | 1.14B | 1.02B | 996.27M | 942.49M | 981.57M | 962.72M | 939.06M | 892.27M | 819.46M | 734.31M | 678.08M | 655.61M | 625.57M | 591.56M | 574.24M | 565.68M |
| Asset Turnover | 0.19x | 0.20x | 0.22x | 0.22x | 0.21x | 0.24x | 0.25x | 0.23x | 0.20x | 0.20x | 0.23x | 0.26x | 0.26x | 0.30x | 0.30x | 0.26x | 0.22x | 0.23x | 0.23x | 0.22x |
| Asset Growth % | 19.52% | 23.98% | 23.27% | 25.33% | 15.97% | 5.6% | 6.09% | 5.63% | 19.78% | 31.11% | 38.49% | 36.1% | 30.99% | 24.13% | 18.08% | 15.9% | 17.45% | 11.59% | 11.27% | 4.61% |
| Total Current Liabilities | 406.4M | 351.75M | 332.62M | 320.48M | 329.08M | 265.83M | 247.32M | 212.94M | 235.66M | 235.89M | 239M | 234.99M | 244.26M | 209.8M | 192.51M | 180.68M | 159.47M | 155.01M | 146.97M | 124.01M |
| Accounts Payable | 150.54M | 127.23M | 125.38M | 138.61M | 123.28M | 98.84M | 99.57M | 99.57M | 79.18M | 82.78M | 108.26M | 113.8M | 86.63M | 90.19M | 86.71M | 89.41M | 68.06M | 68.09M | 74.18M | 56.3M |
| Days Payables Outstanding | 81.6 | 79.01 | 81.41 | 84.38 | 80.12 | 68.59 | 70.96 | 62.53 | 62.47 | 78.73 | 84.97 | 78.88 | 83.86 | 80.66 | 83.96 | 75.03 | 82.55 | 85.42 | 74.92 | 63.45 |
| Short-Term Debt | 5.87M | 427K | 650K | 507K | 627K | 1.09M | 1.82M | 2.2M | 3.34M | 7M | 3.13M | 645K | 819K | 504K | 434K | 591K | 485K | 10.7M | 13.05M | 13.38M |
| Deferred Revenue (Current) | 161M | 149.44M | 136.48M | 128.31M | 120.3M | 97.98M | 94.85M | 77.41M | 71.93M | 72.54M | 68.65M | 62.91M | 58.59M | 49.6M | 53.25M | 58.97M | 44.78M | 45.21M | 34.51M | 36.67M |
| Other Current Liabilities | 88.98M | 57.04M | 53.05M | 36.2M | 67.93M | 50.98M | 38.53M | 22.2M | 67.61M | 61.79M | 50.54M | 47.02M | 88.39M | 60.57M | 43.28M | 24.38M | 35.9M | 24.01M | 20.98M | 11.81M |
| Current Ratio | 1.77x | 1.86x | 1.98x | 2.00x | 1.93x | 2.11x | 2.21x | 2.43x | 2.33x | 2.27x | 2.25x | 2.25x | 2.05x | 2.06x | 2.04x | 2.04x | 2.16x | 2.10x | 2.16x | 2.56x |
| Quick Ratio | 1.15x | 1.25x | 1.40x | 1.44x | 1.46x | 1.58x | 1.63x | 1.80x | 1.72x | 1.60x | 1.55x | 1.56x | 1.47x | 1.46x | 1.40x | 1.42x | 1.51x | 1.56x | 1.61x | 1.96x |
| Cash Conversion Cycle | 159.15 | 152.64 | 128.13 | 114.42 | 124.61 | 117.71 | 110.86 | 116.42 | 145.31 | 145.8 | 127.23 | 120.37 | 123.46 | 103.62 | 92.95 | 97.32 | 118.59 | 104.2 | 102.82 | 119.54 |
| Total Non-Current Liabilities | 218.82M | 195.59M | 131.49M | 124.73M | 124.07M | 119.64M | 135.65M | 154.71M | 172.26M | 178.81M | 180.59M | 179.62M | 174.82M | 174.18M | 172.21M | 187.72M | 187.3M | 191.85M | 190.76M | 220.77M |
| Long-Term Debt | 194.39M | 171.2M | 111.19M | 108.64M | 108.41M | 108.22M | 122.84M | 140.06M | 154.57M | 163M | 166.7M | 169M | 169.08M | 168.98M | 168.25M | 184.27M | 183.41M | 188.35M | 189.34M | 218.95M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 22.8M | 22.4M | 18.87M | 15.95M | 15.02M | 11.42M | 12.81M | 14.65M | 17.7M | 15.79M | 13.88M | 10.6M | 5.73M | 5.19M | 3.94M | 3.4M | 3.84M | 3.42M | 158K | 278K |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 662K | 656K |
| Total Liabilities | 625.22M | 547.34M | 464.11M | 445.21M | 453.15M | 385.46M | 382.97M | 367.65M | 407.92M | 414.7M | 419.59M | 414.61M | 419.08M | 383.98M | 364.71M | 368.4M | 346.76M | 346.87M | 337.74M | 344.78M |
| Total Debt | 200.26M | 171.63M | 111.9M | 109.23M | 109.04M | 109.31M | 124.66M | 142.25M | 157.91M | 170.01M | 169.83M | 169.65M | 169.9M | 169.48M | 168.69M | 184.86M | 183.9M | 199.06M | 202.39M | 232.32M |
| Net Debt | 109.14M | 70.73M | -12.09M | -28.68M | -48.27M | -25.57M | 2.57M | 15.45M | 22.02M | 40.5M | 50.85M | 64.96M | 41.36M | 65.81M | 84.25M | 86.24M | 99.47M | 114.04M | 115.87M | 132.03M |
| Debt / Equity | 0.27x | 0.24x | 0.15x | 0.15x | 0.16x | 0.17x | 0.20x | 0.25x | 0.28x | 0.31x | 0.33x | 0.36x | 0.42x | 0.48x | 0.54x | 0.64x | 0.66x | 0.81x | 0.86x | 1.05x |
| Debt / EBITDA | 3.60x | 3.11x | 1.49x | 1.55x | 1.64x | 1.48x | 1.67x | 2.47x | 3.34x | 3.00x | 2.54x | 2.13x | 2.17x | 2.08x | 2.26x | 3.65x | 4.69x | 5.19x | 5.78x | 6.84x |
| Net Debt / EBITDA | 1.96x | 1.28x | -0.16x | -0.41x | -0.72x | -0.35x | 0.03x | 0.27x | 0.47x | 0.72x | 0.76x | 0.82x | 0.53x | 0.81x | 1.13x | 1.70x | 2.54x | 2.97x | 3.31x | 3.88x |
| Interest Coverage | 14.87x | 34.05x | - | 47.10x | 45.97x | 45.53x | 39.38x | 24.69x | 20.42x | 23.58x | 27.47x | 33.66x | 33.14x | 30.98x | 32.08x | 29.05x | 22.47x | - | 14.69x | 12.16x |
| Total Equity | 735.23M | 713.05M | 763.97M | 736M | 685.14M | 631.18M | 613.31M | 574.84M | 573.65M | 548.02M | 519.47M | 477.66M | 400.38M | 350.32M | 313.37M | 287.21M | 278.81M | 244.7M | 236.5M | 220.9M |
| Equity Growth % | 7.31% | 12.97% | 24.57% | 28.04% | 19.44% | 15.18% | 18.06% | 20.34% | 43.28% | 56.43% | 65.77% | 66.31% | 43.6% | 43.17% | 32.5% | 30.02% | 36.59% | 17.34% | 39.77% | 33.29% |
| Book Value per Share | 16.47 | 15.54 | 16.27 | 15.66 | 14.58 | 13.43 | 13.05 | 12.23 | 12.21 | 11.64 | 10.91 | 10.02 | 8.40 | 7.35 | 6.57 | 6.02 | 5.85 | 5.13 | 4.96 | 4.63 |
| Total Shareholders' Equity | 735.23M | 713.05M | 763.97M | 736M | 685.14M | 631.18M | 613.31M | 574.84M | 573.65M | 548.02M | 517.47M | 475.9M | 398.74M | 348.82M | 312.02M | 286.06M | 277.87M | 243.86M | 235.77M | 220.18M |
| Common Stock | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K |
| Retained Earnings | 695.8M | 670.56M | 651.16M | 610.96M | 573.93M | 538.79M | 498.82M | 454.46M | 424.6M | 400.04M | 367.93M | 326.35M | 278.2M | 234.25M | 182.86M | 139.71M | 108.8M | 91.05M | 78.71M | 59.1M |
| Treasury Stock | -95.68M | -79.22M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -18.25M | -31.65M | -48.97M | -66.72M | -80.76M | -99.7M | -77.89M | -72M | -43.34M | -44.41M | -60.87M | -69.69M | -98.75M | -104.73M | -90.14M | -72.95M | -50.22M | -66.48M | -62.24M | -58.22M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.99M | 1.76M | 1.64M | 1.5M | 1.35M | 1.16M | 936K | 836K | 737K | 713K |