Tandem Diabetes Care, Inc. (TNDM) 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 | 887.1M | 618.14M | 616.94M | 614.82M | 663.43M | 724.49M | 752.83M | 733.39M | 735.19M | 747.99M | 758.14M | 764.3M | 757.92M | 849.98M | 834.3M | 835.04M | 818.46M | 811.52M | 754.95M | 698.28M |
| Cash & Short-Term Investments | 570.26M | 292.67M | 319.11M | 315.36M | 368.63M | 438.33M | 473.31M | 452.42M | 467.81M | 467.91M | 498.16M | 507.25M | 519.59M | 616.9M | 608.73M | 635.33M | 635.39M | 623.81M | 594.99M | 545.3M |
| Cash Only | 179.32M | 90.63M | 91.95M | 64.11M | 53.57M | 69.23M | 49.04M | 47.7M | 58.98M | 58.87M | 79.61M | 130.75M | 127.76M | 172.52M | 123.79M | 114.97M | 93.68M | 71.18M | 112.38M | 98.58M |
| Short-Term Investments | 390.93M | 202.03M | 227.16M | 251.25M | 315.05M | 369.1M | 424.27M | 404.72M | 408.83M | 409.04M | 418.55M | 376.5M | 391.83M | 444.38M | 484.94M | 520.37M | 541.71M | 552.63M | 482.62M | 446.72M |
| Accounts Receivable | 140.67M | 165.49M | 125.94M | 128.44M | 126.56M | 114.58M | 107.19M | 98.12M | 92.97M | 105.56M | 100.32M | 98.71M | 91.39M | 114.72M | 112.81M | 103.76M | 94.13M | 110.72M | 87.46M | 80.21M |
| Days Sales Outstanding | 55.73 | 46.17 | 46.95 | 48.21 | 46.29 | 36.09 | 26 | 39.18 | 47.13 | 48.12 | 49.32 | 44.15 | 54.76 | 47.46 | 48.7 | 44.96 | 52.41 | 43.41 | 42.94 | 40.68 |
| Inventory | 126.4M | 128.77M | 137.28M | 142.57M | 141.16M | 149.61M | 152.44M | 161.66M | 153.89M | 157.94M | 143.49M | 147.6M | 131.56M | 111.12M | 104.77M | 88.1M | 79.99M | 68.55M | 65.73M | 66.7M |
| Days Inventory Outstanding | 103.98 | 99.56 | 111.98 | 112.43 | 112.79 | 110.98 | 60.55 | 131.58 | 146.27 | 133.97 | 139.67 | 134.86 | 126.28 | 94.6 | 88.61 | 77.79 | 78.81 | 64.17 | 73.5 | 76.24 |
| Other Current Assets | 49.77M | 31.22M | 34.61M | 28.44M | 27.08M | 21.96M | 19.89M | 21.2M | 20.52M | 16.59M | 16.18M | 10.74M | 15.38M | 7.24M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 266.29M | 262.97M | 257.71M | 260.92M | 258.71M | 243.17M | 204.9M | 204.12M | 205.85M | 204.67M | 181.76M | 182.37M | 196.23M | 202.81M | 213.22M | 201.53M | 196.81M | 93.62M | 95.33M | 96.97M |
| Property, Plant & Equipment | 178.99M | 179.75M | 176.28M | 175.95M | 180.24M | 163.46M | 168.46M | 166.87M | 165.82M | 164.33M | 165.19M | 164.81M | 179.32M | 179.18M | 189.38M | 185.57M | 181.04M | 77.89M | 79.3M | 80.39M |
| Fixed Asset Turnover | 1.38x | 1.63x | 1.42x | 1.35x | 1.36x | 1.70x | 2.17x | 1.33x | 1.16x | 1.19x | 1.12x | 1.14x | 0.94x | 1.20x | 1.09x | 1.09x | 1.36x | 2.67x | 2.25x | 2.10x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 11.72M | 0 | 0 | 0 | 925K | 0 | 0 | 0 | 2.78M | 0 | 0 | 0 | 4.63M | 0 | 0 | 0 | 6.64M | 0 | 0 |
| Long-Term Investments | 56.49M | 60.35M | 64.9M | 67.63M | 71M | 74.55M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.3M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 30.82M | 11.15M | 16.52M | 17.34M | 7.46M | 4.24M | 36.45M | 37.25M | 40.04M | 37.56M | 16.57M | 17.57M | 16.91M | 19M | 23.84M | 15.96M | 15.77M | 9.09M | 16.03M | 16.58M |
| Total Assets | 1.15B | 881.11M | 874.65M | 875.74M | 922.14M | 967.66M | 957.73M | 937.5M | 941.04M | 952.66M | 939.91M | 946.68M | 954.14M | 1.05B | 1.05B | 1.04B | 1.02B | 905.14M | 850.28M | 795.25M |
| Asset Turnover | 0.24x | 0.33x | 0.28x | 0.27x | 0.25x | 0.29x | 0.38x | 0.24x | 0.20x | 0.21x | 0.20x | 0.21x | 0.17x | 0.21x | 0.20x | 0.20x | 0.18x | 0.24x | 0.22x | 0.22x |
| Asset Growth % | 25.08% | -8.94% | -8.67% | -6.59% | -2.01% | 1.57% | 1.9% | -0.97% | -1.37% | -9.51% | -10.27% | -8.67% | -6.02% | 16.31% | 23.2% | 30.35% | 34.6% | 26.34% | 26.34% | 29.05% |
| Total Current Liabilities | 247.96M | 242.72M | 252.54M | 251.69M | 288.18M | 247.05M | 259.28M | 240.61M | 192.97M | 195.26M | 187.11M | 174.66M | 171.16M | 165.29M | 173.63M | 139.26M | 131.81M | 131.86M | 119.65M | 108.72M |
| Accounts Payable | 59.86M | 47.07M | 47.48M | 55.84M | 59.8M | 44.73M | 48.75M | 47.78M | 48.14M | 49.59M | 46.14M | 57.08M | 55.23M | 55.73M | 61.53M | 50.66M | 45.34M | 28.03M | 26.97M | 27.5M |
| Days Payables Outstanding | 43.57 | 35.38 | 41.34 | 45.82 | 40.55 | 34.35 | 18.61 | 40 | 45.84 | 42.55 | 49.53 | 54.26 | 57.74 | 51.38 | 51.55 | 44.43 | 38.93 | 26.28 | 30.24 | 31.8 |
| Short-Term Debt | 20.11M | 24.37M | 21.34M | 0 | 40.74M | 40.67M | 40.6M | 40.54M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 8.95M | 9.53M | 9.84M | 10.52M | 10.98M | 11.83M | 42.57M | 44.2M | 44.56M | 43.99M | 31.61M | 23.4M | 20.76M | 18.84M | 12.97M | 11.71M | 10.88M | 10.18M | 9.02M | 7.95M |
| Other Current Liabilities | 159.04M | 91.35M | 109.42M | 151.68M | 142.26M | 113.44M | 97.04M | 77.08M | 72.01M | 71.89M | 77.67M | 63.3M | 40.62M | 38.92M | 79.11M | 59.35M | 61.15M | 74.94M | 68.06M | 57.6M |
| Current Ratio | 3.58x | 2.55x | 2.44x | 2.44x | 2.30x | 2.93x | 2.90x | 3.05x | 3.81x | 3.83x | 4.05x | 4.38x | 4.43x | 5.14x | 4.81x | 6.00x | 6.21x | 6.15x | 6.31x | 6.42x |
| Quick Ratio | 3.07x | 2.02x | 1.90x | 1.88x | 1.81x | 2.33x | 2.32x | 2.38x | 3.01x | 3.02x | 3.28x | 3.53x | 3.66x | 4.47x | 4.20x | 5.36x | 5.60x | 5.63x | 5.76x | 5.81x |
| Cash Conversion Cycle | 116.14 | 110.35 | 117.59 | 114.82 | 118.53 | 112.73 | 67.94 | 130.76 | 147.55 | 139.54 | 139.47 | 124.75 | 123.3 | 90.68 | 85.77 | 78.32 | 92.29 | 81.3 | 86.21 | 85.12 |
| Total Non-Current Liabilities | 773.03M | 483.22M | 489.15M | 490.76M | 478.68M | 457.51M | 460.74M | 463.02M | 505.01M | 443.77M | 438.8M | 442.79M | 444.24M | 447.55M | 452.07M | 447.73M | 446.08M | 340.17M | 340.98M | 340.44M |
| Long-Term Debt | 714.63M | 425M | 309.59M | 309.15M | 308.7M | 308.27M | 307.83M | 307.39M | 347.5M | 285.04M | 284.58M | 284.13M | 283.68M | 283.23M | 282.79M | 282.35M | 281.9M | 281.47M | 281.03M | 280.6M |
| Capital Lease Obligations | 0 | 114.97M | 118.35M | 119.97M | 123.05M | 106.42M | 109.48M | 111.39M | 112.73M | 113.57M | 116.01M | 118.4M | 120.87M | 123.52M | 127.11M | 129.8M | 129.19M | 23.92M | 25.68M | 27.38M |
| 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 | 58.41M | -65.23M | 52.38M | 52.07M | 37.06M | 32.37M | 32.24M | 32.5M | 32.48M | 31.83M | 24.12M | 24.95M | 23.8M | 23.92M | 23.03M | 17.24M | 17.45M | 17.84M | 34.26M | 32.47M |
| Total Liabilities | 1.02B | 725.94M | 741.69M | 742.45M | 766.85M | 704.56M | 720.02M | 703.63M | 697.98M | 639.03M | 625.91M | 617.44M | 615.39M | 612.84M | 625.7M | 586.99M | 577.89M | 472.02M | 460.63M | 449.17M |
| Total Debt | 734.74M | 564.34M | 449.28M | 449.01M | 493.2M | 473.56M | 475.95M | 477.11M | 477.55M | 415.67M | 418.21M | 420.29M | 420.39M | 419.88M | 422.02M | 422.07M | 419.18M | 314.67M | 315.97M | 317.24M |
| Net Debt | 555.41M | 473.71M | 357.34M | 384.9M | 439.63M | 404.33M | 426.91M | 429.42M | 418.57M | 356.8M | 338.6M | 289.53M | 292.63M | 247.36M | 298.23M | 307.11M | 325.5M | 243.49M | 203.6M | 218.66M |
| Debt / Equity | 5.55x | 3.64x | 3.38x | 3.37x | 3.18x | 1.80x | 2.00x | 2.04x | 1.96x | 1.33x | 1.33x | 1.28x | 1.24x | 0.95x | 1.00x | 0.94x | 0.96x | 0.73x | 0.81x | 0.92x |
| Debt / EBITDA | - | 44.13x | - | - | - | 129.28x | - | - | - | - | - | - | - | - | - | - | - | 19.35x | 28.41x | 35.76x |
| Net Debt / EBITDA | - | 37.04x | - | - | - | 110.38x | - | - | - | - | - | - | - | - | - | - | - | 14.98x | 18.31x | 24.65x |
| Interest Coverage | -7.91x | 3.26x | -11.18x | -21.75x | -88.97x | 1.01x | -11.13x | -15.59x | -20.08x | -16.42x | -5.49x | -20.58x | -74.97x | -9.52x | -29.04x | -7.72x | -10.13x | 7.83x | 4.58x | 3.41x |
| Total Equity | 132.4M | 155.17M | 132.97M | 133.28M | 155.29M | 263.1M | 237.71M | 233.88M | 243.06M | 313.63M | 314M | 329.23M | 338.75M | 439.95M | 421.82M | 449.58M | 437.38M | 433.11M | 389.65M | 346.08M |
| Equity Growth % | -14.74% | -41.02% | -44.06% | -43.01% | -36.11% | -16.11% | -24.3% | -28.96% | -28.25% | -28.71% | -25.56% | -26.77% | -22.55% | 1.58% | 8.26% | 29.91% | 39.55% | 18.24% | 19.33% | 29.28% |
| Book Value per Share | 1.94 | 2.28 | 1.97 | 1.99 | 2.34 | 3.98 | 3.63 | 3.60 | 3.72 | 4.80 | 4.82 | 5.08 | 5.25 | 6.83 | 6.57 | 7.02 | 6.85 | 6.57 | 6.01 | 5.27 |
| Total Shareholders' Equity | 132.4M | 155.17M | 132.97M | 133.28M | 155.29M | 263.1M | 237.71M | 233.88M | 243.06M | 313.63M | 314M | 329.23M | 338.75M | 439.95M | 421.82M | 449.58M | 437.38M | 433.11M | 389.65M | 346.08M |
| Common Stock | 69K | 68K | 68K | 68K | 67K | 66K | 66K | 65K | 65K | 66K | 65K | 65K | 65K | 65K | 64K | 64K | 64K | 64K | 63K | 63K |
| Retained Earnings | -1.27B | -1.25B | -1.25B | -1.23B | -1.18B | -1.05B | -1.05B | -1.03B | -994.51M | -951.8M | -921.8M | -888.84M | -853.06M | -729.19M | -713.34M | -664.37M | -649.31M | -634.6M | -645.4M | -651.2M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 5.04M | 5.59M | 5.17M | 3.75M | 75K | -1.95M | 3.87M | -1.25M | -935K | 1.37M | -2.21M | -1.19M | -93K | -1.82M | -5.06M | -4.28M | -3.06M | -616K | 14K | 29K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |