Tile Shop Holdings, Inc. (TTSH) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | 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 | Q1'21 |
|---|
| Total Current Assets | 113M | 124.94M | 126.27M | 127.7M | 119.82M | 123.17M | 124.98M | 126.67M | 114.56M | 130.02M | 135.86M | 139.25M | 146.4M | 152.84M | 142.02M | 137.35M | 127.08M | 141.61M | 133.58M | 125.13M |
| Cash & Short-Term Investments | 10.12M | 24.14M | 27.76M | 27.06M | 20.96M | 25.06M | 25.34M | 24.03M | 8.62M | 16.37M | 14.59M | 8.62M | 5.95M | 12.42M | 10.51M | 13.46M | 9.36M | 44.26M | 44.75M | 35.93M |
| Cash Only | 10.12M | 24.14M | 27.76M | 27.06M | 20.96M | 25.06M | 25.34M | 24.03M | 8.62M | 16.37M | 14.59M | 8.62M | 5.95M | 12.42M | 10.51M | 13.46M | 9.36M | 44.26M | 44.75M | 35.93M |
| 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 | 3.46M | 5.14M | 5.88M | 4.71M | 3.94M | 4.38M | 5.07M | 4.06M | 3.01M | 3.94M | 4.75M | 3.92M | 7.27M | 4.21M | 12.73M | 9.75M | 10.13M | 11.91M | 12.18M | 9.65M |
| Days Sales Outstanding | 5.11 | 6.1 | 5.46 | 4.42 | 4.81 | 5.14 | 4.55 | 3.51 | 3.78 | 4.34 | 4 | 4.93 | 6.04 | 8.02 | 9.51 | 8.73 | 11.24 | 12.02 | 10.33 | 10.13 |
| Inventory | 89.4M | 87.24M | 85.97M | 88.14M | 86.27M | 84.53M | 86.07M | 88.83M | 93.68M | 98.71M | 106.86M | 115.48M | 120.95M | 121.48M | 110.04M | 104.7M | 97.17M | 76.7M | 68.93M | 70.97M |
| Days Inventory Outstanding | 313.17 | 230.97 | 252.14 | 262.15 | 276.08 | 277.52 | 256.28 | 264.4 | 296.98 | 290.53 | 286.95 | 291.64 | 359.61 | 327.27 | 267.06 | 254.99 | 261.27 | 228.7 | 213.84 | 234.32 |
| Other Current Assets | 10.02M | 8.41M | 6.67M | 7.79M | 8.66M | 9.2M | 8.5M | 9.74M | 9.25M | 11.01M | 9.66M | 11.23M | 12.23M | 14.73M | 8.74M | 9.44M | 10.42M | 8.74M | 7.72M | 8.58M |
| Total Non-Current Assets | 188.72M | 190.5M | 197.84M | 197.09M | 199.78M | 197.54M | 197.31M | 199.25M | 202.11M | 192.68M | 189.58M | 195.45M | 199.42M | 208.14M | 203.25M | 205.46M | 213.68M | 219.25M | 222.86M | 228.84M |
| Property, Plant & Equipment | 180.58M | 183.61M | 191.42M | 190.13M | 192.59M | 191.27M | 190.87M | 191.35M | 193.41M | 184.75M | 181.55M | 186.41M | 189.6M | 189.47M | 193.58M | 196.53M | 205.39M | 212.16M | 216.15M | 222.16M |
| Fixed Asset Turnover | 0.43x | 0.44x | 0.46x | 0.46x | 0.41x | 0.44x | 0.48x | 0.48x | 0.45x | 0.50x | 0.54x | 0.54x | 0.46x | 0.51x | 0.55x | 0.51x | 0.43x | 0.43x | 0.44x | 0.41x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 1.59M | 6.89M | 1.87M | 2.1M | 2.3M | 1.84M | 2.18M | 2.94M | 3.45M | 3.46M | 3.49M | 3.1M | 3.29M | 12.03M | 3.23M | 2.02M | 1.34M | 921K | 1.2M | 1.22M |
| Total Assets | 301.73M | 315.44M | 324.11M | 324.79M | 319.6M | 320.7M | 322.3M | 325.92M | 316.67M | 322.71M | 325.44M | 334.7M | 345.82M | 360.98M | 345.27M | 342.8M | 340.76M | 360.86M | 356.44M | 353.96M |
| Asset Turnover | 0.25x | 0.26x | 0.27x | 0.27x | 0.25x | 0.26x | 0.28x | 0.29x | 0.26x | 0.28x | 0.30x | 0.30x | 0.25x | 0.28x | 0.31x | 0.30x | 0.26x | 0.26x | 0.27x | 0.26x |
| Asset Growth % | -5.59% | -1.64% | 0.56% | -0.35% | 0.93% | -0.62% | -0.97% | -2.62% | -8.43% | -10.6% | -5.74% | -2.36% | 1.49% | 0.03% | -3.13% | -3.15% | -0.56% | -1.4% | -4.2% | -5.76% |
| Total Current Liabilities | 79.21M | 81.23M | 82.78M | 86.48M | 78.39M | 81.1M | 82.03M | 87.68M | 78.75M | 86.33M | 85.53M | 91.17M | 83.29M | 103.13M | 99.78M | 104.39M | 97.71M | 88.47M | 87.48M | 89.68M |
| Accounts Payable | 25.33M | 24.07M | 25.61M | 27.32M | 23.81M | 21.37M | 21.92M | 24.26M | 23.34M | 26.25M | 24.39M | 25.56M | 23.51M | 32.81M | 30.13M | 28.56M | 30.88M | 19.45M | 16M | 16.8M |
| Days Payables Outstanding | 87.58 | 66.25 | 76.65 | 76.85 | 73.03 | 70.43 | 67.67 | 68.97 | 76.55 | 71.56 | 64.46 | 60.53 | 83.53 | 88.97 | 72.99 | 75.09 | 75.63 | 55.68 | 50.14 | 51.91 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 10.96M | 12.82M | 10.88M | 12.85M | 12.94M | 14.88M | 10.72M | 12.48M | 12.28M | 14.08M | 11.31M | 13.16M | 15.08M | 19.19M | 13.79M | 16.16M | 16.5M | 17.76M |
| Other Current Liabilities | 24M | 13.88M | 9.45M | 8.91M | 8.07M | 10.77M | 11.12M | 11.3M | 8.63M | 12.03M | 13.08M | 13.13M | 12.28M | 15.82M | 14.48M | 13.76M | 11.83M | 11.23M | 12.77M | 12.28M |
| Current Ratio | 1.43x | 1.54x | 1.53x | 1.48x | 1.53x | 1.52x | 1.52x | 1.44x | 1.45x | 1.51x | 1.59x | 1.53x | 1.76x | 1.48x | 1.42x | 1.32x | 1.30x | 1.60x | 1.53x | 1.40x |
| Quick Ratio | 0.30x | 0.46x | 0.49x | 0.46x | 0.43x | 0.48x | 0.47x | 0.43x | 0.27x | 0.36x | 0.34x | 0.26x | 0.31x | 0.30x | 0.32x | 0.31x | 0.31x | 0.73x | 0.74x | 0.60x |
| Cash Conversion Cycle | 230.69 | 170.82 | 180.95 | 189.72 | 207.86 | 212.23 | 193.15 | 198.94 | 224.21 | 223.31 | 226.49 | 236.05 | 282.11 | 246.32 | 203.57 | 188.64 | 196.87 | 185.04 | 174.03 | 192.54 |
| Total Non-Current Liabilities | 135.28M | 111.65M | 117.45M | 115.11M | 118.3M | 116.37M | 117.48M | 116.94M | 118.24M | 117.62M | 123.32M | 132.27M | 153.76M | 136.12M | 112.51M | 112.79M | 120.82M | 119.31M | 118.51M | 119.93M |
| Long-Term Debt | 25M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10M | 20M | 25M | 45.4M | 30.4M | 5M | 5M | 5M | 0 | 0 | 0 |
| Capital Lease Obligations | 104.96M | 106.34M | 112.4M | 110.75M | 113.7M | 111.78M | 112.83M | 111.91M | 112.7M | 103.79M | 98.84M | 102.79M | 103.35M | 101.57M | 102.66M | 103.33M | 110.26M | 114.26M | 113.23M | 116.36M |
| 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 | 5.32M | 5.31M | 5.05M | 4.36M | 4.6M | 4.59M | 4.65M | 5.02M | 5.54M | 3.84M | 4.48M | 4.48M | 5.01M | 4.15M | 4.85M | 4.46M | 5.56M | 5.05M | 5.28M | 3.57M |
| Total Liabilities | 214.49M | 192.88M | 200.23M | 201.6M | 196.69M | 197.47M | 199.5M | 204.62M | 196.99M | 203.95M | 208.85M | 223.44M | 237.05M | 239.25M | 212.28M | 217.18M | 218.53M | 207.79M | 205.99M | 209.61M |
| Total Debt | 159.84M | 135.86M | 141.72M | 140.31M | 142.58M | 140.54M | 141.51M | 140M | 139.96M | 141M | 146.26M | 155.14M | 176.62M | 159.8M | 135.78M | 137.01M | 143.45M | 141.58M | 141.87M | 145.8M |
| Net Debt | 149.72M | 111.71M | 113.96M | 113.25M | 121.62M | 115.48M | 116.17M | 115.97M | 131.34M | 124.63M | 131.66M | 146.52M | 170.67M | 147.37M | 125.28M | 123.55M | 134.09M | 97.31M | 97.12M | 109.86M |
| Debt / Equity | 1.83x | 1.11x | 1.14x | 1.14x | 1.16x | 1.14x | 1.15x | 1.15x | 1.17x | 1.19x | 1.25x | 1.39x | 1.62x | 1.31x | 1.02x | 1.09x | 1.17x | 0.92x | 0.94x | 1.01x |
| Debt / EBITDA | 20.68x | 77.86x | 30.61x | 33.50x | 46.14x | 29.85x | 21.93x | 19.93x | 22.20x | 17.87x | 11.01x | 15.66x | 20.25x | 13.70x | 8.39x | 12.26x | 15.32x | 14.38x | 9.67x | 10.34x |
| Net Debt / EBITDA | 19.37x | 64.02x | 24.61x | 27.04x | 39.36x | 24.53x | 18.00x | 16.51x | 20.83x | 15.79x | 9.91x | 14.79x | 19.57x | 12.64x | 7.74x | 11.06x | 14.32x | 9.88x | 6.62x | 7.79x |
| Interest Coverage | -34.37x | - | - | - | -45.63x | 3.52x | 32.47x | 13.75x | 6.02x | 6.25x | 11.58x | 5.17x | 3.27x | 17.25x | 48.65x | 17.80x | 21.08x | 15.48x | 52.51x | 41.12x |
| Total Equity | 87.24M | 122.56M | 123.88M | 123.19M | 122.91M | 123.23M | 122.79M | 121.3M | 119.69M | 118.75M | 116.59M | 111.26M | 108.77M | 121.73M | 132.99M | 125.63M | 122.22M | 153.08M | 150.46M | 144.36M |
| Equity Growth % | -29.02% | -0.55% | 0.88% | 1.56% | 2.69% | 3.77% | 5.32% | 9.02% | 10.04% | -2.45% | -12.33% | -11.43% | -11.01% | -20.48% | -11.61% | -12.98% | -12.11% | 11.63% | 11.75% | 7.03% |
| Book Value per Share | 2.00 | 2.79 | 2.82 | 2.80 | 2.81 | 2.81 | 2.81 | 2.77 | 2.74 | 2.72 | 2.68 | 2.56 | 2.48 | 2.40 | 2.59 | 2.46 | 2.38 | 2.98 | 2.93 | 2.83 |
| Total Shareholders' Equity | 87.24M | 122.56M | 123.88M | 123.19M | 122.91M | 123.23M | 122.79M | 121.3M | 119.69M | 118.75M | 116.59M | 111.26M | 108.77M | 121.73M | 132.99M | 125.63M | 122.22M | 153.08M | 150.46M | 144.36M |
| Common Stock | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 5K | 5K | 5K | 5K | 5K | 5K | 5K |
| Retained Earnings | -11.28M | -7.84M | -6.23M | -6.62M | -6.79M | -6.16M | -6.2M | -7.42M | -9.11M | -9.74M | -11.59M | -16.67M | -19.18M | -6.01M | 5.71M | -1.2M | -4.71M | -6.52M | -8.7M | -14.19M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | -81K | -78K | -69K | -86K | -83K | -47K | -52K | -75K | -29K | 15K | 12K | 0 | 0 | -4K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |