Trinseo PLC (TSE) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | 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 | Q1'21 | Q4'20 |
|---|
| Total Current Assets | 922.4M | 948.9M | 1.04B | 988.2M | 1.12B | 1.09B | 1.2B | 1.19B | 1.31B | 1.32B | 1.38B | 1.39B | 1.57B | 1.91B | 1.99B | 1.98B | 2.01B | 2.11B | 2.21B | 1.52B |
| Cash & Short-Term Investments | 112.1M | 137M | 126.1M | 209.8M | 165.3M | 105.6M | 166.4M | 259.1M | 278.6M | 269.5M | 217.1M | 211.7M | 242.8M | 264.4M | 448.7M | 573M | 207.5M | 367M | 618.4M | 588.7M |
| Cash Only | 112.1M | 137M | 126.1M | 209.8M | 165.3M | 105.6M | 166.4M | 259.1M | 278.6M | 269.5M | 217.1M | 211.7M | 242.8M | 264.4M | 448.7M | 573M | 207.5M | 367M | 618.4M | 588.7M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 402.6M | 433.9M | 470.5M | 379.9M | 474.5M | 541.9M | 556.5M | 490.8M | 542.1M | 590.1M | 622.5M | 586M | 673.7M | 849.5M | 814.3M | 740.2M | 762.7M | 769M | 657.8M | 529.2M |
| Days Sales Outstanding | 197.72 | 201.93 | 218.82 | 168.79 | 199.6 | 214.99 | 224.69 | 213.9 | 225.1 | 223.75 | 228.06 | 219.33 | 208.73 | 217.51 | 214.34 | 208.07 | 219.32 | 220.37 | 243.51 | 224.55 |
| Inventory | 351.4M | 378M | 383.7M | 347.2M | 434.8M | 410.4M | 431.2M | 404.7M | 445.9M | 430.9M | 502.6M | 553.6M | 614M | 759.7M | 682M | 621M | 617.3M | 562.9M | 463M | 324.1M |
| Days Inventory Outstanding | 181.72 | 184.53 | 194.24 | 165.55 | 201.63 | 175.9 | 186.61 | 180.76 | 191.99 | 173.02 | 191.27 | 206.52 | 184.06 | 215.56 | 205.61 | 192.59 | 204.65 | 194.99 | 212.01 | 166.47 |
| Other Current Assets | 56.3M | 0 | 55.7M | 51.3M | 45.1M | 36M | 42.6M | 39.5M | 39.7M | 33.6M | 34.1M | 39.4M | 40.5M | 36.2M | 41.4M | 44.3M | 419.5M | 413.2M | 465.8M | 75.1M |
| Total Non-Current Assets | 1.57B | 1.5B | 1.62B | 1.66B | 1.76B | 1.75B | 1.79B | 1.84B | 1.96B | 2.03B | 2.37B | 2.37B | 2.56B | 2.63B | 2.71B | 2.73B | 2.76B | 2.39B | 1.28B | 1.33B |
| Property, Plant & Equipment | 641M | 1.28B | 635.9M | 639.7M | 682.9M | 667M | 684.9M | 709M | 705.4M | 732.1M | 754M | 767.2M | 713.1M | 747.8M | 774.1M | 804.3M | 795.5M | 722.5M | 646.8M | 508.9M |
| Fixed Asset Turnover | 1.16x | 0.61x | 1.23x | 1.28x | 1.27x | 1.38x | 1.32x | 1.18x | 1.25x | 1.31x | 1.32x | 1.27x | 1.65x | 1.91x | 1.79x | 1.61x | 1.60x | 1.76x | 1.52x | 1.69x |
| Goodwill | 67.7M | 67.6M | 62.4M | 59.9M | 64.6M | 61.7M | 62.3M | 63.8M | 61.2M | 62.5M | 414.2M | 410.4M | 691.9M | 709.4M | 727.4M | 710.1M | 719.9M | 623.5M | 70.9M | 62.1M |
| Intangible Assets | 526.4M | 560.1M | 582.9M | 598.8M | 633M | 645.9M | 668.3M | 693.9M | 707.9M | 739M | 759.4M | 772M | 764.7M | 785.3M | 814.5M | 823.8M | 841.2M | 649.4M | 171.5M | 162.6M |
| Long-Term Investments | 219.1M | 224M | 220.8M | 222.6M | 263M | 269M | 258.4M | 252.2M | 249.2M | 255.2M | 252.7M | 255.1M | 269.2M | 271.4M | 262M | 247.8M | 250.3M | 253.2M | 248.1M | 240.1M |
| Other Non-Current Assets | 115.1M | -627.7M | 84.8M | 97.9M | 86.4M | 77.4M | 72.2M | 71.9M | 58.9M | 65M | 70.7M | 67.5M | 59.4M | 57.5M | 62.4M | 70.1M | 65.3M | 65.5M | 56.6M | 264.2M |
| Total Assets | 2.49B | 2.63B | 2.65B | 2.64B | 2.88B | 2.85B | 2.99B | 3.03B | 3.27B | 3.35B | 3.74B | 3.76B | 4.13B | 4.54B | 4.7B | 4.71B | 4.76B | 4.5B | 3.48B | 2.85B |
| Asset Turnover | 0.30x | 0.30x | 0.30x | 0.31x | 0.30x | 0.32x | 0.30x | 0.28x | 0.27x | 0.29x | 0.27x | 0.26x | 0.29x | 0.31x | 0.30x | 0.28x | 0.27x | 0.28x | 0.28x | 0.30x |
| Asset Growth % | -13.57% | -7.58% | -11.19% | -12.71% | -11.87% | -15.12% | -20.1% | -19.44% | -20.83% | -26.07% | -20.4% | -20.2% | -13.27% | 0.74% | 35.06% | 65.62% | 79.99% | 73.98% | 30.96% | 3.13% |
| Total Current Liabilities | 674.2M | 707.7M | 689.3M | 720.9M | 814.2M | 662.1M | 732M | 672.6M | 691.5M | 695.2M | 717.8M | 689.4M | 717.6M | 859.3M | 940.5M | 914.4M | 1.01B | 814M | 677.6M | 533.3M |
| Accounts Payable | 285.8M | 331.8M | 318.5M | 220.4M | 392.1M | 425.8M | 478.9M | 376M | 426.5M | 434.5M | 454.6M | 365.3M | 442.2M | 561.7M | 600.8M | 516.8M | 507.9M | 495.1M | 482.5M | 313.9M |
| Days Payables Outstanding | 147.8 | 161.97 | 161.24 | 105.09 | 181.83 | 182.5 | 207.25 | 167.94 | 183.64 | 174.47 | 173 | 136.28 | 132.56 | 159.38 | 181.13 | 160.28 | 168.38 | 171.5 | 220.94 | 161.23 |
| Short-Term Debt | 189.9M | 170M | 154.9M | 210.9M | 211.7M | 22.8M | 21.1M | 20.9M | 20.9M | 18.5M | 16.6M | 16M | 16.7M | 17.7M | 18.2M | 18.5M | 149.1M | 19.1M | 13.7M | 12.2M |
| 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 | 11.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 81.3M | 86.4M | 0 | 400K |
| Current Ratio | 1.37x | 1.34x | 1.50x | 1.37x | 1.38x | 1.65x | 1.63x | 1.78x | 1.89x | 1.90x | 1.92x | 2.02x | 2.19x | 2.22x | 2.11x | 2.16x | 2.00x | 2.59x | 3.25x | 2.84x |
| Quick Ratio | 0.85x | 0.81x | 0.95x | 0.89x | 0.84x | 1.03x | 1.05x | 1.17x | 1.24x | 1.28x | 1.22x | 1.21x | 1.33x | 1.34x | 1.39x | 1.48x | 1.38x | 1.90x | 2.57x | 2.24x |
| Cash Conversion Cycle | 231.65 | 224.48 | 251.83 | 229.25 | 219.4 | 208.39 | 204.05 | 226.72 | 233.46 | 222.31 | 246.32 | 289.58 | 260.23 | 273.69 | 238.82 | 240.38 | 255.59 | 243.86 | 234.58 | 229.79 |
| Total Non-Current Liabilities | 2.68B | 2.67B | 2.64B | 2.54B | 2.55B | 2.6B | 2.61B | 2.62B | 2.6B | 2.64B | 2.65B | 2.65B | 2.72B | 2.75B | 2.79B | 2.78B | 2.84B | 2.86B | 2.13B | 1.72B |
| Long-Term Debt | 2.33B | 2.32B | 2.31B | 2.2B | 2.19B | 2.28B | 2.28B | 2.28B | 2.27B | 2.3B | 2.3B | 2.3B | 2.3B | 2.3B | 2.3B | 2.31B | 2.31B | 2.31B | 1.61B | 1.16B |
| Capital Lease Obligations | 49.3M | 54M | 52.7M | 53.3M | 54.3M | 44.6M | 47.5M | 51.7M | 52.4M | 56M | 57.2M | 60.2M | 59.3M | 66.1M | 65.1M | 69.2M | 62.9M | 65.5M | 62.8M | 65.5M |
| Deferred Tax Liabilities | 0 | 37.6M | 36.6M | 37.5M | 41.1M | 41.6M | 41.2M | 43.5M | 43.5M | 44.6M | 53.7M | 59.8M | 91.5M | 101.8M | 109.5M | 103.2M | 100.5M | 90.7M | 62.8M | 60.7M |
| Other Non-Current Liabilities | 296.8M | 261.7M | 250.5M | 251.6M | 265.9M | 237.5M | 240M | 251.8M | 231M | 239.4M | 236.7M | 228.9M | 267.6M | 284M | 307.9M | 306.7M | 365.7M | 394.6M | 395.5M | 437.3M |
| Total Liabilities | 3.35B | 3.38B | 3.33B | 3.26B | 3.36B | 3.26B | 3.34B | 3.3B | 3.29B | 3.33B | 3.37B | 3.34B | 3.43B | 3.61B | 3.73B | 3.7B | 3.84B | 3.67B | 2.8B | 2.25B |
| Total Debt | 2.58B | 2.56B | 2.52B | 2.48B | 2.47B | 2.36B | 2.36B | 2.37B | 2.36B | 2.39B | 2.39B | 2.39B | 2.39B | 2.4B | 2.41B | 2.41B | 2.54B | 2.41B | 1.7B | 1.25B |
| Net Debt | 2.47B | 2.42B | 2.4B | 2.27B | 2.3B | 2.25B | 2.19B | 2.11B | 2.08B | 2.12B | 2.17B | 2.18B | 2.15B | 2.14B | 1.96B | 1.84B | 2.33B | 2.05B | 1.08B | 662.6M |
| Debt / Equity | - | - | - | - | - | - | - | - | - | 112.71x | 6.35x | 5.70x | 3.43x | 2.60x | 2.47x | 2.38x | 2.75x | 2.91x | 2.51x | 2.12x |
| Debt / EBITDA | 91.61x | 96.50x | 360.70x | 94.93x | 68.72x | 38.97x | 56.61x | 946.60x | 108.39x | - | 92.65x | - | - | 17.21x | 20.46x | 23.23x | 16.10x | 12.76x | 9.52x | 8.75x |
| Net Debt / EBITDA | 87.63x | 91.33x | 342.69x | 86.90x | 64.12x | 37.23x | 52.62x | 842.96x | 95.61x | - | 84.24x | - | - | 15.32x | 16.64x | 17.71x | 14.79x | 10.82x | 6.05x | 4.63x |
| Interest Coverage | -0.40x | -0.48x | -0.44x | -0.65x | -0.17x | 0.21x | -0.05x | -1.14x | -0.35x | -8.38x | -0.79x | -11.92x | -3.26x | 3.61x | 2.95x | 2.07x | 4.69x | 6.99x | 12.94x | 9.53x |
| Total Equity | -861.6M | -750.3M | -679.2M | -619.9M | -480M | -413.8M | -348M | -268M | -21.4M | 21.2M | 376.2M | 420.3M | 698.1M | 924.6M | 972.8M | 1.01B | 922M | 829.8M | 676.3M | 590.3M |
| Equity Growth % | -79.5% | -81.32% | -95.17% | -131.31% | -2142.99% | -2051.89% | -192.5% | -163.76% | -103.07% | -97.71% | -61.33% | -58.51% | -24.28% | 11.42% | 43.84% | 71.62% | 68.37% | 80.86% | 12.16% | -11.75% |
| Book Value per Share | -23.93 | -21.08 | -19.13 | -17.51 | -13.56 | -11.72 | -9.86 | -7.61 | -0.61 | 0.60 | 10.75 | 12.01 | 19.83 | 24.99 | 25.53 | 25.65 | 23.34 | 20.95 | 17.12 | 15.14 |
| Total Shareholders' Equity | -861.6M | -750.3M | -679.2M | -619.9M | -480M | -413.8M | -348M | -268M | -21.4M | 21.2M | 376.2M | 420.3M | 698.1M | 924.6M | 972.8M | 1.01B | 922M | 829.8M | 676.3M | 590.3M |
| Common Stock | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 500K | 500K | 500K | 500K |
| Retained Earnings | -1.09B | -978.1M | -872.2M | -792.8M | -674.6M | -586.9M | -518.8M | -443M | -177.6M | -138.9M | 210.4M | 264.5M | 641M | 772M | 746.4M | 741.8M | 1.04B | 955.8M | 807.3M | 739.2M |
| Treasury Stock | -200M | -200M | -200M | -200M | -200M | -200M | -200M | -200M | -200M | -200M | -200M | -200M | -200M | -150M | -100M | -50M | -524.8M | -525.3M | -530M | -542.9M |
| Accumulated OCI | -94.2M | -91.2M | -123.2M | -142.1M | -118.1M | -137.4M | -137.4M | -129.6M | -145.1M | -137.1M | -127.9M | -131.3M | -227M | -177.9M | -149.7M | -147.2M | -172.3M | -179.9M | -180M | -186.1M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |