Target Hospitality Balance Sheet
NASDAQ: THConsumer DiscretionaryHotels/ResortsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Target Hospitality financial position
At the end of fiscal 2025, Target Hospitality reported total assets of $530.2 million, down 26.9% from a year earlier against total liabilities of $141.1 million. Shareholders' equity stood at $389.3 million, or 73.4% of assets. The company held $8.3 million in cash and equivalents against $3.8 million of debt, a net cash position of $4.6 million.
The current ratio (current assets divided by current liabilities) was 0.87, meaning short-term obligations exceed short-term assets. Debt-to-equity was 0.01.
Summary generated from market data by MetaCap's automated system. Methodology
Target Hospitality 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 8.35M | 190.67M | 103.93M | 181.67M | 23.41M | 6.98M | 6.79M | 12.19M | 12.53M |
| Receivables | 56.20M | 49.34M | 67.09M | 42.15M | 28.78M | 28.18M | 48.48M | 57.11M | — |
| Inventory | 2.10M | 1.90M | 2.10M | 2.00M | 1.60M | 900.00K | 1.10M | 900.00K | — |
| Total Current Assets | 73.34M | 249.34M | 180.50M | 236.38M | 60.54M | 43.56M | 60.80M | 74.99M | 0 |
| Property, Plant & Equipment | — | 320.85M | 349.06M | 357.13M | 291.79M | 311.49M | 353.69M | 293.56M | — |
| Goodwill | 41.04M | 41.04M | 41.04M | 41.04M | 41.04M | 41.04M | 41.04M | 34.18M | — |
| Intangible Assets | 39.33M | 52.81M | 66.28M | 75.18M | 88.48M | 103.12M | 117.87M | 127.38M | — |
| Total Assets | 530.21M | 725.77M | 694.35M | 771.73M | 513.39M | 534.24M | 534.24M | 565.03M | 242.09K |
| Accounts Payable | 44.39M | 16.19M | 20.93M | 17.56M | 11.80M | 10.64M | 7.79M | 21.60M | 225.89K |
| Short-Term Debt | 2.09M | 180.33M | 1.37M | 1.14M | 729.00K | 3.57M | 996.00K | 2.45M | — |
| Total Current Liabilities | 84.04M | 233.40M | 70.33M | 190.90M | 72.80M | 45.53M | 60.92M | 65.15M | 225.89K |
| Long-Term Debt | 1.68M | 1.45M | 178.09M | 329.94M | 330.91M | 374.77M | 404.25M | 20.56M | — |
| Total Liabilities | 141.15M | 304.68M | 317.05M | 570.88M | 416.12M | 435.35M | 480.27M | 216.04M | 225.89K |
| Shareholders' Equity | 389.26M | 421.08M | 377.31M | 200.85M | 97.27M | 98.89M | 120.52M | 348.99M | 24.90M |
| Retained Earnings | 295.26M | 332.38M | 261.12M | 87.68M | 13.74M | 18.32M | 43.45M | 31.48M | -8.81K |
| Total Debt | 3.76M | 181.78M | 179.46M | 331.07M | 331.64M | 378.34M | 405.24M | 23.01M | — |
| Net Cash (Debt) | 4.59M | 8.89M | -75.53M | -149.40M | -308.23M | -371.36M | -398.46M | -10.82M | 12.53M |
| Shares Outstanding | 99.80M | 98.95M | 101.66M | 100.32M | 101.95M | 101.17M | 100.84M | 74.79M | — |
This table shows 9 annual periods of Target Hospitality's balance sheet, from FY 2025 back to FY 2017, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow TH's reporting calendar. What is a balance sheet?