Lindblad Expeditions Balance Sheet
NASDAQ: LINDConsumer DiscretionaryTransportation ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Lindblad Expeditions financial position
At the end of fiscal 2025, Lindblad Expeditions reported total assets of $980.0 million, up 11.8% from a year earlier against total liabilities of $1.13 billion. Shareholders' equity was negative at -$284.5 million, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $256.7 million in cash and equivalents against $662.7 million of debt, a net debt position of $406.0 million.
The current ratio (current assets divided by current liabilities) was 0.80, meaning short-term obligations exceed short-term assets.
Summary generated from market data by MetaCap's automated system. Methodology
Lindblad Expeditions balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 256.69M | 183.94M | 156.84M | 87.18M | 150.75M | 187.53M | 101.58M | 113.40M | 96.44M | 135.42M |
| Short-Term Investments | — | — | 0 | 13.59M | 0 | — | — | — | — | — |
| Inventory | — | — | — | 1.97M | 2.28M | 2.17M | 2.03M | 1.60M | 1.79M | 1.67M |
| Total Current Assets | 367.88M | 278.43M | 244.50M | 183.32M | 210.34M | 229.17M | 146.64M | 150.18M | 131.69M | 171.02M |
| Property, Plant & Equipment | 522.12M | 518.39M | 526.00M | 539.41M | 542.42M | 482.67M | 357.79M | 285.98M | 250.95M | 186.24M |
| Goodwill | 60.61M | 59.03M | 42.02M | 42.02M | 42.02M | 22.11M | 22.11M | 22.11M | 22.11M | 22.11M |
| Intangible Assets | 16.60M | 15.92M | 9.41M | 11.22M | 13.23M | 4.82M | 6.40M | 7.97M | 9.55M | 11.13M |
| Total Assets | 979.96M | 876.90M | 831.30M | 787.98M | 827.49M | 757.45M | 548.66M | 473.41M | 424.35M | 407.70M |
| Accounts Payable | 22.23M | 13.86M | 16.15M | 16.60M | 9.69M | 5.29M | 14.63M | 9.33M | 7.79M | 7.57M |
| Short-Term Debt | 3.00K | 29.00K | 47.00K | 23.34M | 26.06M | 11.26M | 4.53M | 2.00M | 1.75M | 1.75M |
| Total Current Liabilities | 461.59M | 392.45M | 319.22M | 341.12M | 289.46M | 155.81M | 182.92M | 159.43M | 144.41M | 123.91M |
| Long-Term Debt | 662.67M | 625.42M | 621.78M | 529.45M | 518.66M | 471.36M | 213.54M | 188.09M | 164.19M | 164.13M |
| Total Liabilities | 1.13B | 1.02B | 945.06M | 873.62M | 811.55M | 631.17M | 409.30M | 350.86M | 311.72M | 288.72M |
| Shareholders' Equity | -284.53M | -253.11M | -225.06M | -182.68M | -78.58M | 34.96M | 123.25M | 116.04M | 106.32M | 113.81M |
| Retained Earnings | -411.40M | -362.88M | -322.21M | -266.53M | -136.44M | -11.57M | 81.66M | 75.17M | 63.82M | 70.71M |
| Total Debt | 662.67M | 625.45M | 621.83M | 552.79M | 544.72M | 482.61M | 218.07M | 190.09M | 165.94M | 165.88M |
| Net Cash (Debt) | -405.98M | -441.51M | -464.98M | -452.02M | -393.97M | -295.08M | -116.49M | -76.69M | -69.49M | -30.46M |
| Shares Outstanding | 55.32M | 54.38M | 53.33M | 53.11M | 50.76M | 49.82M | 49.63M | 45.44M | 44.79M | 45.47M |
This table shows 10 annual periods of Lindblad Expeditions's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, short-term investments, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow LIND's reporting calendar. What is a balance sheet?