Treace Medical Concepts, Inc. (TMCI) quarterly balance sheet — complete assets, liabilities & equity history
Treace Medical Concepts, Inc. (TMCI) balance sheet — 7-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | 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 |
|---|
| Total Current Assets | 118.69M | 120.45M | 123.47M | 132.05M | 138M | 147.6M | 149.44M | 161.4M | 157.6M | 171.55M | 187.4M | 198.36M | 187.14M | 198.1M | 223.13M | 133.4M | 127.9M | 135.2M | 127.31M | 137.97M |
| Cash & Short-Term Investments | 39.8M | 45.62M | 51.85M | 48.37M | 57.42M | 69.29M | 76.09M | 75.68M | 82.8M | 95.05M | 110.01M | 123.2M | 122.16M | 139.48M | 170.66M | 81.25M | 88.55M | 101.53M | 98.48M | 105.83M |
| Cash Only | 7.76M | 12.61M | 9.54M | 10.71M | 7.69M | 8.05M | 13.37M | 11.35M | 12.11M | 18.18M | 9.33M | 12.98M | 7.28M | 12.04M | 29.61M | 19.47M | 88.55M | 101.53M | 98.48M | 105.83M |
| Short-Term Investments | 32.04M | 33.01M | 42.31M | 37.66M | 49.73M | 61.24M | 62.72M | 64.33M | 70.69M | 76.86M | 100.67M | 110.22M | 114.89M | 127.44M | 141.05M | 61.78M | 0 | 0 | 0 | 0 |
| Accounts Receivable | 30.22M | 29.03M | 30.36M | 42.16M | 32.96M | 30.33M | 31.11M | 40.8M | 24.18M | 25.56M | 30.08M | 38.06M | 25M | 27.23M | 25.36M | 29.2M | 18.55M | 16.5M | 15.99M | 18.57M |
| Days Sales Outstanding | 56.48 | 59.55 | 69.14 | 55.27 | 57.98 | 59 | 61.56 | 43.5 | 50.74 | 56.95 | 60.67 | 46.63 | 58.95 | 57.04 | 58.19 | 44.13 | 48.77 | 49.34 | 53.55 | 41.77 |
| Inventory | 42.3M | 39.54M | 36.37M | 36.03M | 41.42M | 42.4M | 37.94M | 39.26M | 43.61M | 41.28M | 35.86M | 29.25M | 29.31M | 26.1M | 22.52M | 19.33M | 16.79M | 13.17M | 11.11M | 10.56M |
| Days Inventory Outstanding | 380.18 | 353.55 | 332.74 | 294.02 | 366.94 | 379.38 | 325.35 | 288.1 | 436.11 | 399.71 | 292.51 | 234.86 | 318.7 | 288.24 | 234.26 | 170.57 | 226.31 | 208.8 | 190.11 | 152.52 |
| Other Current Assets | 6.37M | 6.26M | 4.89M | 5.5M | 6.2M | 5.58M | 4.3M | 5.67M | 7.01M | 9.67M | 11.45M | 7.85M | 10.67M | 5.28M | 4.59M | 3.62M | 0 | 0 | 0 | 3.01M |
| Total Non-Current Assets | 60.61M | 60.6M | 60.63M | 58.53M | 58.59M | 58.84M | 56.41M | 55.69M | 55.32M | 54.53M | 55.33M | 53.55M | 53.22M | 51.55M | 26.04M | 25.62M | 28.54M | 23.52M | 19.2M | 2.85M |
| Property, Plant & Equipment | 39.95M | 32.5M | 39.43M | 37.37M | 37.8M | 37.75M | 35.37M | 34.4M | 33.74M | 33.02M | 33.58M | 31.56M | 31M | 29.09M | 25.82M | 25.48M | 28.39M | 23.39M | 19.07M | 2.85M |
| Fixed Asset Turnover | 1.33x | 1.26x | 1.23x | 1.66x | 1.33x | 1.30x | 1.51x | 2.02x | 1.35x | 1.33x | 1.57x | 1.99x | 1.36x | 1.53x | 1.65x | 1.85x | 1.28x | 1.41x | 2.65x | 13.18x |
| Goodwill | 12.81M | 12.81M | 12.81M | 12.81M | 12.81M | 12.81M | 12.81M | 12.81M | 12.81M | 12.81M | 12.81M | 12.81M | 12.81M | 12.81M | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 6.41M | 6.65M | 6.89M | 7.13M | 7.36M | 7.6M | 7.84M | 8.07M | 8.31M | 8.55M | 8.79M | 9.03M | 9.26M | 9.5M | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.43M | 8.64M | 1.5M | 1.22M | 614K | 676K | 387K | 407K | 458K | 146K | 146K | 146K | 146K | 146K | 215K | 146K | 146K | 134K | 134K | 0 |
| Total Assets | 179.3M | 181.06M | 184.1M | 190.58M | 196.59M | 206.44M | 205.85M | 217.09M | 212.92M | 226.08M | 242.73M | 251.91M | 240.36M | 249.64M | 249.17M | 159.02M | 156.44M | 158.72M | 146.51M | 140.82M |
| Asset Turnover | 0.27x | 0.25x | 0.25x | 0.32x | 0.25x | 0.23x | 0.25x | 0.32x | 0.21x | 0.19x | 0.21x | 0.25x | 0.17x | 0.17x | 0.21x | 0.32x | 0.21x | 0.20x | 0.20x | 0.24x |
| Asset Growth % | -8.8% | -12.3% | -10.56% | -12.21% | -7.67% | -8.69% | -15.19% | -13.82% | -11.41% | -9.44% | -2.59% | 58.41% | 53.64% | 57.28% | 70.07% | 12.93% | 13.7% | 11.54% | 291.93% | 236.84% |
| Total Current Liabilities | 46.08M | 41.5M | 34.49M | 30.64M | 40.91M | 41.9M | 33.18M | 34.92M | 38.26M | 44.45M | 47.05M | 45.03M | 33.15M | 30.02M | 23.3M | 30.25M | 22.58M | 16.64M | 15.38M | 18.21M |
| Accounts Payable | 14.28M | 16.06M | 13.54M | 6.73M | 16.1M | 19.96M | 13.22M | 10.52M | 18.65M | 18.07M | 21.15M | 11.84M | 8.68M | 8.15M | 5.08M | 8.67M | 7.88M | 3.1M | 3.45M | 4.06M |
| Days Payables Outstanding | 140.95 | 137.86 | 93.13 | 86.66 | 157.87 | 156.7 | 100.08 | 101.42 | 188.65 | 203.23 | 148.2 | 82.28 | 96.77 | 78.38 | 76.93 | 78.14 | 82.94 | 56.3 | 65.82 | 47.39 |
| Short-Term Debt | 0 | 3.17M | 0 | 0 | 1.8M | 1.11M | 45K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 46.08M | 15.08M | 20.95M | 23.91M | 7.36M | 11.67M | 5.34M | 8.8M | 7.89M | 14.44M | 11.96M | 13.92M | 9.81M | 9.14M | 3.3M | 0 | 5.05M | 4.04M | 4.06M | 0 |
| Current Ratio | 2.58x | 2.90x | 3.58x | 4.31x | 3.37x | 3.52x | 4.50x | 4.62x | 4.12x | 3.86x | 3.98x | 4.40x | 5.64x | 6.60x | 9.58x | 4.41x | 5.66x | 8.13x | 8.28x | 7.58x |
| Quick Ratio | 1.66x | 1.95x | 2.53x | 3.13x | 2.36x | 2.51x | 3.36x | 3.50x | 2.98x | 2.93x | 3.22x | 3.76x | 4.76x | 5.73x | 8.61x | 3.77x | 4.92x | 7.33x | 7.56x | 7.00x |
| Cash Conversion Cycle | 295.71 | 275.25 | 308.75 | 262.63 | 267.05 | 281.68 | 286.83 | 230.18 | 298.2 | 253.42 | 204.99 | 199.21 | 280.88 | 266.9 | 215.51 | 136.56 | 192.15 | 201.84 | 177.83 | 146.9 |
| Total Non-Current Liabilities | 71.58M | 71.82M | 72.42M | 72.61M | 66.5M | 66.93M | 67.33M | 69.28M | 69.75M | 69.5M | 69.29M | 68.94M | 69.35M | 69.66M | 68.26M | 68.25M | 71.66M | 70.37M | 44.32M | 29.54M |
| Long-Term Debt | 12.62M | 56.04M | 13.55M | 13.98M | 53.53M | 53.45M | 53.38M | 53.31M | 53.23M | 53.16M | 53.08M | 53.01M | 52.93M | 52.86M | 52.78M | 52.71M | 52.64M | 52.56M | 29.41M | 29.36M |
| Capital Lease Obligations | 0 | 13.09M | 0 | 0 | 12.93M | 13.44M | 13.91M | 15.93M | 16.49M | 16.3M | 16.17M | 15.89M | 16.38M | 16.77M | 15.45M | 15.54M | 19.03M | 17.81M | 14.82M | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 58.95M | 2.69M | 58.87M | 58.63M | 37K | 37K | 37K | 37K | 37K | 37K | 37K | 37K | 37K | 37K | 25K | 0 | 0 | 0 | 83K | 173K |
| Total Liabilities | 117.65M | 113.32M | 106.91M | 103.25M | 107.4M | 108.83M | 100.5M | 104.2M | 108.02M | 113.94M | 116.33M | 113.97M | 102.5M | 99.68M | 91.55M | 98.5M | 94.24M | 87.01M | 59.69M | 47.75M |
| Total Debt | 12.62M | 72.69M | 13.55M | 13.98M | 70.37M | 70.09M | 69.36M | 69.65M | 70.12M | 69.85M | 70.11M | 70.3M | 70.49M | 69.63M | 69.29M | 68.59M | 71.99M | 70.76M | 44.67M | 29.36M |
| Net Debt | 4.86M | 60.08M | 4.01M | 3.27M | 62.69M | 62.04M | 55.99M | 58.3M | 58.01M | 51.67M | 60.78M | 57.32M | 63.21M | 57.59M | 39.68M | 49.12M | -16.55M | -30.78M | -53.81M | -76.47M |
| Debt / Equity | 0.20x | 1.07x | 0.18x | 0.16x | 0.79x | 0.72x | 0.66x | 0.62x | 0.67x | 0.62x | 0.55x | 0.51x | 0.51x | 0.46x | 0.44x | 1.13x | 1.16x | 0.99x | 0.51x | 0.32x |
| Debt / EBITDA | - | - | - | - | - | - | - | 34.26x | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | 28.68x | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -7.28x | -9.16x | -10.44x | -5.96x | -11.17x | -12.17x | -11.14x | 0.62x | -10.70x | -15.16x | -13.18x | -3.82x | -12.52x | -8.57x | -9.47x | -2.37x | -9.20x | -17.22x | -8.50x | -5.44x |
| Total Equity | 61.65M | 67.74M | 77.19M | 87.33M | 89.19M | 97.61M | 105.34M | 112.89M | 104.91M | 112.14M | 126.39M | 137.94M | 137.86M | 149.96M | 157.62M | 60.53M | 62.2M | 71.71M | 86.82M | 93.07M |
| Equity Growth % | -30.88% | -30.61% | -26.72% | -22.64% | -14.98% | -12.95% | -16.65% | -18.16% | -23.9% | -25.22% | -19.81% | 127.89% | 121.64% | 109.11% | 81.55% | -34.97% | -36.12% | -30.32% | 12792.69% | 11893.94% |
| Book Value per Share | 0.94 | 1.04 | 1.20 | 1.37 | 1.40 | 1.55 | 1.68 | 1.81 | 1.69 | 1.81 | 2.05 | 2.24 | 2.24 | 2.44 | 2.68 | 1.09 | 1.12 | 1.30 | 1.58 | 1.74 |
| Total Shareholders' Equity | 61.65M | 67.74M | 77.19M | 87.33M | 89.19M | 97.61M | 105.34M | 112.89M | 104.91M | 112.14M | 126.39M | 137.94M | 137.86M | 149.96M | 157.62M | 60.53M | 62.2M | 71.71M | 86.82M | 93.07M |
| Common Stock | 66K | 65K | 65K | 64K | 64K | 63K | 63K | 62K | 62K | 62K | 62K | 62K | 62K | 62K | 61K | 55K | 46K | 46K | 46K | 45K |
| Retained Earnings | -295.39M | -282.83M | -266.95M | -248.99M | -239.6M | -223.31M | -205.91M | -189.99M | -189.49M | -174.13M | -152.92M | -134.25M | -127.97M | -110.44M | -98.17M | -84.72M | -80.31M | -68.17M | -50.94M | -41.91M |
| Treasury Stock | 0 | -1.42M | -1.39M | -1.18M | -1.11M | -696K | -682K | -281K | -250K | -250K | -250K | -13K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -108K | -52K | -26K | 72K | 83K | 50K | 57K | 97K | 191K | -26K | 69K | 163K | -148K | -219K | -56K | -27K | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |