The Andersons, Inc. (ANDE) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | 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 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 2.56B | 2.38B | 1.96B | 2.18B | 2.53B | 2.85B | 2.33B | 2.25B | 2.21B | 2.81B | 2.53B | 2.54B | 3.05B | 3.47B | 3.27B | 3.57B | 3.94B | 3.37B | 2.5B | 2.23B |
| Cash & Short-Term Investments | 72.4M | 98.28M | 86.79M | 350.97M | 219.22M | 561.77M | 454.06M | 530.39M | 283.9M | 643.85M | 418.06M | 96.29M | 70.85M | 115.27M | 140.77M | 86.03M | 36.38M | 216.44M | 216.87M | 27.54M |
| Cash Only | 72.4M | 98.28M | 86.79M | 350.97M | 219.22M | 561.77M | 454.06M | 530.39M | 283.9M | 643.85M | 418.06M | 96.29M | 70.85M | 115.27M | 140.77M | 86.03M | 36.38M | 216.44M | 216.87M | 27.54M |
| 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 | 772.01M | 652.47M | 715.76M | 783.89M | 812.48M | 764.55M | 756.62M | 743.55M | 701.71M | 762.55M | 816.69M | 1.03B | 1.13B | 1.25B | 990.53M | 1.14B | 1.05B | 835.18M | 735.35M | 721.58M |
| Days Sales Outstanding | 24.4 | 24.82 | 25.76 | 23.16 | 26.69 | 22.4 | 26.33 | 23.53 | 24.51 | 22.61 | 23.37 | 24.39 | 27.52 | 22.02 | 23.24 | 22.4 | 21.33 | 19.1 | 22.35 | 19.99 |
| Inventory | 1.4B | 1.37B | 899.28M | 771.87M | 1.25B | 1.29B | 884.34M | 686.54M | 994.54M | 1.17B | 985.29M | 990.79M | 1.55B | 1.73B | 1.56B | 1.62B | 1.95B | 1.81B | 1.02B | 912.3M |
| Days Inventory Outstanding | 50.42 | 45.18 | 30.67 | 30.88 | 45.53 | 33.61 | 30.67 | 29.27 | 37.69 | 33.27 | 26.34 | 30.41 | 39.87 | 34.17 | 37.58 | 36.49 | 43.53 | 37.11 | 30.98 | 31.92 |
| Other Current Assets | 314.01M | 260.53M | 259.34M | 268.72M | 248M | 237.15M | 236.05M | 288.82M | 233.76M | 233.86M | 307.07M | 419.91M | 303.44M | 370.08M | 577.5M | 727.35M | 903.76M | 506.17M | 528.37M | 572.89M |
| Total Non-Current Assets | 1.36B | 1.34B | 1.34B | 1.27B | 1.27B | 1.27B | 1.06B | 1.05B | 1.05B | 1.05B | 1.06B | 1.03B | 1.05B | 1.14B | 1.15B | 1.16B | 1.2B | 1.2B | 1.21B | 1.81B |
| Property, Plant & Equipment | 961.4M | 1.05B | 905.76M | 883.99M | 860.25M | 972.78M | 709.95M | 694.14M | 741.65M | 747.6M | 737.11M | 723.44M | 737.93M | 824.62M | 825.09M | 813.68M | 824.07M | 838.17M | 847.93M | 1.48B |
| Fixed Asset Turnover | 2.61x | 2.60x | 2.99x | 3.60x | 2.90x | 3.71x | 3.73x | 3.89x | 3.65x | 4.33x | 4.98x | 5.50x | 4.97x | 5.67x | 5.15x | 5.44x | 4.79x | 4.49x | 2.58x | 2.18x |
| Goodwill | 0 | 127.86M | 0 | 0 | 0 | 127.86M | 0 | 0 | 127.86M | 127.86M | 128.54M | 129.34M | 129.34M | 129.34M | 129.34M | 129.34M | 129.34M | 129.34M | 129.34M | 135.71M |
| Intangible Assets | 0 | 63.51M | 0 | 0 | 0 | 69.34M | 0 | 0 | 80.53M | 85.58M | 90.77M | 89.61M | 95.13M | 100.91M | 99.32M | 105.22M | 111.06M | 117.14M | 118.69M | 127.76M |
| Long-Term Investments | 0 | 30.76M | 30.77M | 0 | 0 | 0 | 30.01M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31.85M | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 401.67M | 35.38M | 399.27M | 387.06M | 408.69M | 101.06M | 317.27M | 356.38M | 97.13M | 87.01M | 104.59M | 90.39M | 89.17M | 87.17M | 99.65M | 84.21M | 137.77M | 112.24M | 113.79M | 73.68M |
| Total Assets | 3.92B | 3.71B | 3.3B | 3.45B | 3.8B | 4.12B | 3.39B | 3.3B | 3.26B | 3.86B | 3.59B | 3.57B | 4.1B | 4.61B | 4.42B | 4.74B | 5.14B | 4.57B | 3.71B | 4.05B |
| Asset Turnover | 0.69x | 0.72x | 0.79x | 0.87x | 0.67x | 0.83x | 0.78x | 0.85x | 0.76x | 0.86x | 1.02x | 1.05x | 0.89x | 1.04x | 0.92x | 0.90x | 0.82x | 0.91x | 0.77x | 0.78x |
| Asset Growth % | 3.23% | -9.91% | -2.7% | 4.45% | 16.46% | 6.91% | -5.57% | -7.57% | -20.5% | -16.34% | -18.8% | -24.64% | -20.24% | 0.85% | 19.16% | 16.99% | 20.54% | 6.95% | 8.69% | 22.55% |
| Total Current Liabilities | 1.87B | 1.69B | 1.33B | 1.08B | 1.43B | 1.73B | 1.18B | 1.08B | 1.08B | 1.64B | 1.41B | 1.39B | 2.11B | 2.52B | 2.32B | 2.58B | 3.06B | 2.46B | 1.72B | 1.69B |
| Accounts Payable | 633.03M | 918.69M | 782.68M | 572.23M | 661.2M | 1.05B | 774.35M | 607.08M | 625.84M | 1.06B | 822.15M | 641.38M | 768.87M | 1.42B | 930.03M | 773M | 741.12M | 1.2B | 825.92M | 547.17M |
| Days Payables Outstanding | 28.31 | 33.95 | 24.86 | 18.85 | 30.68 | 28.2 | 26.97 | 21.46 | 29.32 | 29.03 | 19.51 | 16.87 | 26.62 | 24.46 | 20.16 | 15.48 | 22.43 | 26.54 | 22.04 | 15.7 |
| Short-Term Debt | 739.99M | 339.88M | 205.24M | 168.68M | 285.37M | 202.75M | 42.44M | 31.69M | 37.77M | 70.67M | 41.67M | 130.26M | 723.78M | 382.73M | 764.98M | 1.22B | 1.5B | 534.05M | 387.45M | 813.85M |
| Deferred Revenue (Current) | 0 | 195.33M | 0 | 73.55M | 223.7M | 194.03M | 67.9M | 124.42M | 174.65M | 187.05M | 211.87M | 189.95M | 309.55M | 370.52M | 258.83M | 184.15M | 384.72M | 358.12M | 147.22M | 58.16M |
| Other Current Liabilities | 497.62M | 232.5M | 140.61M | 79.25M | 69.65M | 59.77M | 293.18M | 128.85M | 67.08M | 90.85M | 142.51M | 251.1M | 107.98M | 98.52M | 137.17M | 405.05M | 227.04M | 142.29M | 92.13M | 90.37M |
| Current Ratio | 1.37x | 1.41x | 1.47x | 2.01x | 1.76x | 1.65x | 1.98x | 2.07x | 2.04x | 1.72x | 1.80x | 1.82x | 1.44x | 1.37x | 1.41x | 1.39x | 1.29x | 1.37x | 1.45x | 1.32x |
| Quick Ratio | 0.62x | 0.60x | 0.80x | 1.30x | 0.89x | 0.90x | 1.23x | 1.44x | 1.13x | 1.00x | 1.10x | 1.11x | 0.71x | 0.69x | 0.74x | 0.76x | 0.65x | 0.63x | 0.86x | 0.78x |
| Cash Conversion Cycle | 46.51 | 36.05 | 31.57 | 35.2 | 41.54 | 27.81 | 30.03 | 31.33 | 32.88 | 26.85 | 30.2 | 37.93 | 40.76 | 31.73 | 40.66 | 43.41 | 42.42 | 29.67 | 31.29 | 36.21 |
| Total Non-Current Liabilities | 739.7M | 736.2M | 743.47M | 755.37M | 768.94M | 790.31M | 687.42M | 694.82M | 702.14M | 702.29M | 731.38M | 738.33M | 643.32M | 656.9M | 671.57M | 742.39M | 762.95M | 797.59M | 748.97M | 1.13B |
| Long-Term Debt | 569.06M | 624M | 570.27M | 578.46M | 588.09M | 608.15M | 542.56M | 549.38M | 556.17M | 562.96M | 569.73M | 576.49M | 486.89M | 492.52M | 497.99M | 563.45M | 571.18M | 600.49M | 542.82M | 866.45M |
| Capital Lease Obligations | 0 | 79.1M | 0 | 0 | 0 | 65.31M | 0 | 0 | 31.22M | 31.66M | 32.88M | 34.44M | 35.73M | 37.15M | 34.78M | 28.93M | 31.42M | 31.32M | 31.33M | 41.85M |
| Deferred Tax Liabilities | 0 | 25.91M | 0 | 0 | 0 | 55.01M | 0 | 0 | 59.15M | 58.58M | 58.22M | 57.03M | 54.39M | 64.08M | 59.08M | 63.38M | 68.44M | 71.13M | 79.64M | 173.21M |
| Other Non-Current Liabilities | 170.64M | 7.19M | 173.2M | 176.91M | 180.85M | 61.84M | 144.85M | 145.44M | 55.59M | 49.09M | 70.55M | 70.37M | 66.31M | 63.16M | 79.73M | 86.63M | 91.91M | 94.65M | 95.18M | 52.05M |
| Total Liabilities | 2.61B | 2.42B | 2.07B | 1.84B | 2.2B | 2.52B | 1.87B | 1.78B | 1.79B | 2.34B | 2.14B | 2.13B | 2.76B | 3.18B | 2.99B | 3.32B | 3.83B | 3.26B | 2.47B | 2.82B |
| Total Debt | 1.31B | 1.04B | 775.51M | 747.14M | 873.45M | 876.22M | 585.01M | 581.07M | 625.16M | 665.29M | 644.29M | 741.19M | 1.25B | 912.39M | 1.3B | 1.81B | 2.11B | 1.17B | 961.61M | 1.72B |
| Net Debt | 1.24B | 944.7M | 688.73M | 396.17M | 654.23M | 314.44M | 130.94M | 50.68M | 341.26M | 21.43M | 226.23M | 644.89M | 1.18B | 797.13M | 1.16B | 1.72B | 2.07B | 949.41M | 744.73M | 1.69B |
| Debt / Equity | 1.00x | 0.81x | 0.63x | 0.46x | 0.55x | 0.55x | 0.38x | 0.38x | 0.42x | 0.44x | 0.44x | 0.52x | 0.93x | 0.64x | 0.91x | 1.28x | 1.60x | 0.89x | 0.78x | 1.41x |
| Debt / EBITDA | 82.23x | 9.17x | 25.04x | 13.13x | 21.07x | 20.51x | 3.35x | 6.10x | 30.39x | 4.88x | 7.20x | 5.63x | 13.76x | 6.16x | 5.17x | - | 117.51x | 5.88x | 13.76x | 54.14x |
| Net Debt / EBITDA | 77.68x | 8.30x | 22.24x | 6.96x | 15.78x | 7.36x | 0.75x | 0.53x | 16.59x | 0.16x | 2.53x | 4.90x | 12.98x | 5.38x | 4.61x | - | 115.48x | 4.79x | 10.65x | 53.27x |
| Interest Coverage | 0.95x | 5.82x | 3.47x | 3.16x | 1.25x | 7.85x | 8.82x | 10.16x | 3.66x | 12.33x | 5.69x | 8.48x | -3.91x | 2.21x | 2.32x | 7.99x | 2.05x | 9.95x | 2.92x | 6.43x |
| Total Equity | 1.31B | 1.29B | 1.22B | 1.61B | 1.59B | 1.6B | 1.52B | 1.52B | 1.48B | 1.52B | 1.45B | 1.44B | 1.35B | 1.43B | 1.43B | 1.42B | 1.32B | 1.31B | 1.24B | 1.22B |
| Equity Growth % | -17.85% | -19.35% | -19.7% | 5.94% | 8.05% | 5.5% | 5.1% | 5.69% | 9.6% | 6.06% | 1.58% | 1.5% | 2.22% | 9.33% | 15.41% | 15.69% | 11.39% | 12.67% | 8.69% | 8.2% |
| Book Value per Share | 38.32 | 37.74 | 35.78 | 47.14 | 56.14 | 46.48 | 44.33 | 44.37 | 42.30 | 44.14 | 42.28 | 42.10 | 40.05 | 41.19 | 41.15 | 41.20 | 38.30 | 38.32 | 36.13 | 36.61 |
| Total Shareholders' Equity | 1.27B | 1.24B | 1.18B | 1.36B | 1.36B | 1.37B | 1.33B | 1.31B | 1.28B | 1.28B | 1.24B | 1.23B | 1.17B | 1.2B | 1.19B | 1.17B | 1.09B | 1.07B | 1.03B | 1.02B |
| Common Stock | 0 | 144K | 144K | 144K | 143K | 142K | 143K | 143K | 142K | 142K | 142K | 142K | 142K | 142K | 142K | 142K | 142K | 140K | 140K | 140K |
| Retained Earnings | 1.07B | 1.04B | 978.72M | 965.28M | 964.11M | 970.71M | 932.22M | 911.46M | 881.91M | 882.94M | 838.56M | 835.26M | 786.42M | 807.77M | 806.19M | 775.5M | 701.8M | 702.76M | 679.15M | 669.24M |
| Treasury Stock | 0 | -14.08M | -14.13M | 0 | 0 | -2.86M | -572K | -631K | -631K | -10.26M | -10.27M | -10.27M | -11.01M | -15.04M | -9.99M | -2.31M | -2.27M | -263K | -2.61M | -2.65M |
| Accumulated OCI | 0 | 11.34M | 10.72M | 14.33M | 8.86M | 12.59M | 15.38M | 21.18M | 23.41M | 22.86M | 28.58M | 25.48M | 16.27M | 20.48M | 15.85M | 15.09M | 13.55M | 1.19M | -3.41M | -1.84M |
| Minority Interest | 41.3M | 45.46M | 41.91M | 246.1M | 238.7M | 233.65M | 193.84M | 209.66M | 195.66M | 233.49M | 208.35M | 207.5M | 176.82M | 231.17M | 232.63M | 250.05M | 228.2M | 235.28M | 202.58M | 202.46M |