Twin Disc, Incorporated (TWIN) quarterly balance sheet — complete assets, liabilities & 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 | 260.42M | 251.88M | 254.55M | 246.91M | 231.97M | 216.57M | 230.25M | 219.63M | 218.53M | 216.58M | 209.21M | 219.71M | 215.95M | 210.8M | 201.82M | 204.45M | 201.4M | 186.47M | 194.84M | 191.97M |
| Cash & Short-Term Investments | 16.11M | 14.89M | 14.24M | 16.11M | 16.25M | 15.91M | 16.71M | 20.07M | 23.84M | 21.02M | 20.43M | 13.26M | 14.02M | 13.53M | 13.21M | 12.52M | 12.82M | 11.12M | 22.09M | 12.34M |
| Cash Only | 16.11M | 14.89M | 14.24M | 16.11M | 16.25M | 15.91M | 16.71M | 20.07M | 23.84M | 21.02M | 20.43M | 13.26M | 14.02M | 13.53M | 13.21M | 12.52M | 12.82M | 11.12M | 22.09M | 12.34M |
| 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 | 64.08M | 53.62M | 63.95M | 58.94M | 57.31M | 53.67M | 51.51M | 52.21M | 40.95M | 41.43M | 39.76M | 54.76M | 44.44M | 39.39M | 40.01M | 45.45M | 38.98M | 34.02M | 34.84M | 39.49M |
| Days Sales Outstanding | 55.38 | 59.32 | 67.59 | 56.52 | 62.16 | 53.22 | 63.32 | 51.31 | 50.54 | 50.61 | 67.67 | 53.78 | 51.7 | 57.03 | 70.31 | 53.9 | 51.71 | 56.34 | 66.92 | 51.33 |
| Inventory | 160.33M | 163.18M | 158.27M | 151.95M | 137.96M | 128.28M | 143.87M | 130.48M | 129.84M | 131.77M | 126.24M | 131.93M | 136.15M | 136.81M | 128.1M | 127.11M | 131.08M | 123.93M | 121.09M | 114.97M |
| Days Inventory Outstanding | 211.6 | 215.68 | 239.21 | 204.41 | 203.47 | 181.45 | 227.88 | 204.03 | 223.66 | 224.3 | 250.37 | 206.12 | 227.86 | 260.18 | 275.47 | 241.82 | 257.47 | 258.71 | 295.81 | 232.2 |
| Other Current Assets | 19.9M | 20.19M | 18.08M | 19.91M | 20.45M | 18.71M | 18.16M | 8.21M | 13.42M | 12.2M | 13.32M | 11.29M | 11.31M | 10.2M | 12.29M | 11.61M | 11.53M | 11.52M | 10.65M | 19.46M |
| Total Non-Current Assets | 130.59M | 132.14M | 108.99M | 108.65M | 100.91M | 90.79M | 93.3M | 92.43M | 70.23M | 68.61M | 68.77M | 69.47M | 69.56M | 69.46M | 67.73M | 72.07M | 76.33M | 78.09M | 81.41M | 83.45M |
| Property, Plant & Equipment | 85.63M | 87.28M | 86.46M | 86.83M | 80.67M | 74.94M | 75.66M | 74.7M | 55.1M | 52.35M | 52.16M | 51.78M | 53.12M | 52.49M | 50.48M | 54.3M | 56.45M | 56.95M | 58.55M | 60.2M |
| Fixed Asset Turnover | 1.12x | 1.04x | 0.92x | 1.15x | 1.04x | 1.19x | 0.97x | 1.30x | 1.38x | 1.40x | 1.22x | 1.60x | 1.40x | 1.23x | 1.07x | 1.37x | 1.05x | 1.04x | 0.80x | 0.97x |
| Goodwill | 2.83M | 2.88M | 2.82M | 2.89M | 2.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 12.66M | 12.19M | 12.57M | 13.36M | 12.93M | 10.86M | 12.29M | 12.69M | 10.16M | 11.15M | 11.52M | 12.64M | 11.24M | 11.8M | 11.56M | 13.01M | 13.94M | 15.21M | 16.47M | 17.48M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 26K | 18K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 279K | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 2.23M | 2.23M | 2.79M | 2.76M | 2.71M | 2.7M | 2.66M | 2.71M | 2.75M | 2.75M | 2.89M | 2.81M | 2.67M | 2.77M | 2.57M | 2.58M | 3.68M | 3.3M | 3.77M | 3.26M |
| Total Assets | 391.02M | 384.01M | 363.54M | 355.56M | 332.88M | 307.36M | 323.55M | 312.06M | 288.75M | 285.19M | 277.98M | 289.18M | 285.51M | 280.25M | 269.55M | 276.52M | 277.72M | 264.56M | 276.25M | 275.41M |
| Asset Turnover | 0.25x | 0.24x | 0.22x | 0.28x | 0.25x | 0.29x | 0.23x | 0.28x | 0.26x | 0.26x | 0.22x | 0.29x | 0.26x | 0.23x | 0.20x | 0.27x | 0.22x | 0.22x | 0.17x | 0.23x |
| Asset Growth % | 17.46% | 24.94% | 12.36% | 13.94% | 15.28% | 7.77% | 16.39% | 7.91% | 1.14% | 1.76% | 3.13% | 4.58% | 2.8% | 5.93% | -2.42% | 0.4% | -6.95% | -13.71% | -8.63% | -6.36% |
| Total Current Liabilities | 124.33M | 118.53M | 122.2M | 125.79M | 109.86M | 102.66M | 103.37M | 99.52M | 98.64M | 97.54M | 92.22M | 100.09M | 88.61M | 86.84M | 81.86M | 81.08M | 84.97M | 80.54M | 80.5M | 78.56M |
| Accounts Payable | 36.53M | 36.66M | 37.07M | 38.74M | 31.57M | 28.56M | 31.11M | 32.59M | 33.23M | 32.61M | 29.58M | 36.5M | 29.73M | 28.91M | 30.71M | 28.54M | 34.2M | 31.23M | 29.36M | 31.01M |
| Days Payables Outstanding | 47.87 | 49.47 | 58.46 | 49.58 | 45.95 | 39.78 | 52.9 | 51.58 | 56.29 | 54.07 | 64.09 | 50.92 | 48.94 | 58.55 | 63.95 | 58.76 | 66.06 | 63.98 | 75.66 | 56.9 |
| Short-Term Debt | 7.76M | 6.45M | 7.4M | 3M | 3M | 2M | 2M | 2M | 2M | 2M | 2M | 2.01M | 2M | 2M | 2M | 2M | 2M | 2M | 4.43M | 2M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 43.2M | 0 | 0 | 0 | 28.57M | 0 | 0 | 0 | 22.94M | 0 | 0 | 0 | 17.15M | 0 | 0 | 0 | 13.12M |
| Other Current Liabilities | 80.03M | 75.43M | -1.06M | 1.66M | 0 | -880K | 0 | 1.83M | 0 | 0 | 0 | 1.69M | 0 | 0 | 5.98M | 1.74M | 0 | 0 | 46.71M | 1.77M |
| Current Ratio | 2.09x | 2.12x | 2.08x | 1.96x | 2.11x | 2.11x | 2.23x | 2.21x | 2.22x | 2.22x | 2.27x | 2.19x | 2.44x | 2.43x | 2.47x | 2.52x | 2.37x | 2.32x | 2.42x | 2.44x |
| Quick Ratio | 0.81x | 0.75x | 0.79x | 0.75x | 0.86x | 0.86x | 0.84x | 0.90x | 0.90x | 0.87x | 0.90x | 0.88x | 0.90x | 0.85x | 0.90x | 0.95x | 0.83x | 0.78x | 0.92x | 0.98x |
| Cash Conversion Cycle | 219.11 | 225.53 | 248.34 | 211.35 | 219.67 | 194.89 | 238.29 | 203.76 | 217.91 | 220.83 | 253.95 | 208.99 | 230.62 | 258.65 | 281.84 | 236.97 | 243.12 | 251.07 | 287.08 | 226.63 |
| Total Non-Current Liabilities | 80.17M | 80.3M | 80.45M | 65.38M | 72.84M | 57.07M | 62.16M | 57.49M | 43.17M | 41.74M | 45.59M | 43.57M | 58.28M | 59.64M | 62.92M | 64.26M | 63.3M | 56.09M | 64.12M | 66.19M |
| Long-Term Debt | 42.07M | 41.52M | 40.72M | 28.45M | 37.77M | 22.87M | 27.79M | 23.81M | 15.04M | 15.7M | 19.66M | 16.62M | 29.28M | 29.93M | 35.11M | 34.54M | 32.07M | 23.25M | 29.88M | 30.09M |
| Capital Lease Obligations | 17.14M | 0 | 18.45M | 14.36M | 14.35M | 18.64M | 14.51M | 14.38M | 12.64M | 9.99M | 9.9M | 10.81M | 9.9M | 10.28M | 9.48M | 10.57M | 11.54M | 11.9M | 17.16M | 12.89M |
| Deferred Tax Liabilities | 5.43M | 5.63M | 5.57M | 4.32M | 4.77M | 4.71M | 5.75M | 5.34M | 2.96M | 3.16M | 3.15M | 3.28M | 3.39M | 3.51M | 3.42M | 3.8M | 3.96M | 4.25M | 4.54M | 5.04M |
| Other Non-Current Liabilities | 15.53M | 33.15M | 15.71M | 18.25M | 15.95M | 10.85M | 14.11M | 13.96M | 12.53M | 12.89M | 12.89M | 12.86M | 15.72M | 15.93M | 14.9M | 15.34M | 15.72M | 16.68M | 12.53M | 18.18M |
| Total Liabilities | 204.49M | 198.84M | 202.65M | 191.17M | 182.69M | 159.73M | 165.53M | 157M | 141.81M | 139.28M | 137.81M | 143.66M | 146.89M | 146.49M | 144.78M | 145.34M | 148.27M | 136.63M | 144.62M | 144.75M |
| Total Debt | 66.97M | 47.96M | 66.57M | 49.2M | 58.28M | 47.2M | 44.3M | 42.71M | 29.68M | 27.69M | 31.55M | 29.44M | 41.17M | 42.2M | 46.59M | 47.12M | 45.61M | 37.16M | 51.48M | 44.97M |
| Net Debt | 50.85M | 33.07M | 52.33M | 33.09M | 42.03M | 31.3M | 27.59M | 22.64M | 5.84M | 6.67M | 11.13M | 16.18M | 27.15M | 28.68M | 33.38M | 34.6M | 32.79M | 26.04M | 29.38M | 32.63M |
| Debt / Equity | 0.36x | 0.26x | 0.41x | 0.30x | 0.39x | 0.32x | 0.28x | 0.28x | 0.20x | 0.19x | 0.23x | 0.20x | 0.30x | 0.32x | 0.37x | 0.36x | 0.35x | 0.29x | 0.39x | 0.34x |
| Debt / EBITDA | 7.20x | 8.84x | 11.68x | 4.90x | 10.39x | 7.79x | 14.42x | 5.93x | 4.88x | 4.64x | 14.29x | 2.77x | 5.66x | 5.90x | 134.28x | 4.72x | 8.51x | - | 8.88x | - |
| Net Debt / EBITDA | 5.47x | 6.10x | 9.18x | 3.29x | 7.50x | 5.17x | 8.98x | 3.14x | 0.96x | 1.12x | 5.04x | 1.52x | 3.73x | 4.01x | 96.20x | 3.47x | 6.12x | - | 5.07x | - |
| Interest Coverage | 7.44x | 1.90x | 1.71x | 2.80x | 0.58x | 6.36x | -2.37x | 23.87x | 17.34x | 7.63x | -0.36x | 18.76x | 8.48x | 8.15x | -2.55x | 15.86x | 7.25x | -4.45x | 5.46x | 3.52x |
| Total Equity | 186.53M | 185.18M | 160.89M | 164.39M | 150.19M | 147.63M | 158.02M | 155.05M | 146.94M | 145.91M | 140.18M | 145.52M | 138.62M | 133.76M | 124.77M | 131.19M | 129.46M | 127.93M | 131.62M | 130.66M |
| Equity Growth % | 24.19% | 25.43% | 1.82% | 6.02% | 2.21% | 1.18% | 12.73% | 6.55% | 6.01% | 9.08% | 12.35% | 10.92% | 7.08% | 4.56% | -5.21% | 0.4% | -8.09% | -10.16% | -6.35% | -6.64% |
| Book Value per Share | 12.94 | 12.87 | 11.52 | 11.77 | 10.81 | 10.50 | 11.47 | 11.15 | 10.57 | 10.48 | 10.36 | 10.51 | 10.15 | 9.76 | 9.31 | 9.75 | 9.62 | 9.62 | 9.86 | 9.85 |
| Total Shareholders' Equity | 185.66M | 184.53M | 160.32M | 164.01M | 149.5M | 147.02M | 157.53M | 154.7M | 146.3M | 145.3M | 139.6M | 145.09M | 137.93M | 133.14M | 124.22M | 130.78M | 128.77M | 127.28M | 131.04M | 130.21M |
| Common Stock | 38.89M | 38.14M | 37.81M | 42.27M | 40.93M | 40.11M | 39.9M | 41.8M | 40.43M | 39.66M | 39.44M | 42.85M | 42.15M | 41.44M | 41.28M | 42.55M | 42.05M | 41.59M | 41.16M | 40.97M |
| Retained Earnings | 148.88M | 146.13M | 124.33M | 125.41M | 124.57M | 126.61M | 126.26M | 129.59M | 122.76M | 119.5M | 119.13M | 120.3M | 136.81M | 134.14M | 133M | 109.92M | 127.25M | 125.02M | 128.86M | 126.94M |
| Treasury Stock | -3.24M | -3.25M | -3.77M | -7.4M | -7.45M | -7.47M | -8.11M | -9.78M | -9.8M | -9.8M | -10.34M | -12.49M | -12.53M | -12.56M | -12.96M | -14.72M | -14.8M | -14.97M | -14.94M | -15.08M |
| Accumulated OCI | 1.14M | 3.51M | 1.94M | 3.73M | -8.55M | -12.22M | -516K | -6.91M | -7.09M | -4.06M | -8.62M | -5.57M | -28.5M | -29.88M | -37.1M | -6.97M | -25.72M | -24.36M | -24.04M | -22.61M |
| Minority Interest | 862K | 651K | 571K | 380K | 692K | 610K | 488K | 352K | 648K | 614K | 574K | 424K | 689K | 622K | 548K | 412K | 685K | 647K | 586K | 450K |