Arq, Inc. (ARQ) 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 |
|---|
| Total Current Assets | 46.05M | 43.85M | 43.93M | 50.66M | 48.23M | 52.36M | 87.27M | 71.22M | 72.04M | 86.46M | 91.47M | 99.67M | 104.72M | 105.66M | 112.64M | 113.03M | 110.48M | 108.37M | 101.77M |
| Cash & Short-Term Investments | 4.67M | 6.57M | 7.03M | 6.96M | 6.34M | 13.52M | 48.66M | 28.48M | 35.23M | 45.36M | 52.53M | 58.77M | 68.03M | 66.43M | 75.82M | 80.82M | 79.81M | 78.75M | 72.14M |
| Cash Only | 4.67M | 6.57M | 7.03M | 6.96M | 6.34M | 13.52M | 48.66M | 28.48M | 35.23M | 45.36M | 52.53M | 58.77M | 68.03M | 66.43M | 75.82M | 80.82M | 79.81M | 78.75M | 72.14M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 15.95M | 14.98M | 14.36M | 15.55M | 15.37M | 14.88M | 16.59M | 15.81M | 10.93M | 16.19M | 14.22M | 10.31M | 10.06M | 13.86M | 13.9M | 12.66M | 13.01M | 15.1M | 19.44M |
| Days Sales Outstanding | 47.91 | 45.86 | 39.23 | 49.21 | 49.95 | 53.53 | 42.86 | 47.89 | 56.76 | 49.79 | 37.83 | 45.33 | 51.75 | 54.56 | 42.97 | 47.21 | 47.91 | 51.75 | 245.96 |
| Inventory | 19.91M | 15.89M | 15.74M | 20.78M | 21.75M | 19.31M | 18.49M | 22.65M | 21.68M | 19.69M | 18.55M | 23.04M | 20.23M | 17.83M | 15.26M | 12.11M | 10.28M | 7.85M | 5.57M |
| Days Inventory Outstanding | 84.3 | 57.21 | 67.29 | 101.49 | 106.61 | 100.88 | 88.67 | 106.81 | 122.02 | 124.72 | 81.69 | 128.38 | 99.72 | 87.11 | 54.16 | 51.17 | 35.45 | 28.25 | 101.14 |
| Other Current Assets | 5.51M | 6.4M | 1.65M | 1.34M | 1.17M | 1.41M | 3.53M | 0 | 0 | 2.44M | 0 | 0 | 0 | 2.4M | 0 | 0 | 1.39M | 1.31M | 1.21M |
| Total Non-Current Assets | 186.09M | 186.73M | 234.02M | 233.88M | 235.44M | 232.01M | 192.7M | 177.36M | 157.76M | 149.04M | 139.13M | 134.04M | 129.23M | 75.5M | 72.81M | 70.72M | 71.09M | 77.07M | 80.01M |
| Property, Plant & Equipment | 141.06M | 143.15M | 189.6M | 190.14M | 199.85M | 196.51M | 139.14M | 133.21M | 113.64M | 114.57M | 105.01M | 92.3M | 93.77M | 49.71M | 40.9M | 39.27M | 39.06M | 43.24M | 37.11M |
| Fixed Asset Turnover | 0.20x | 0.18x | 0.18x | 0.15x | 0.14x | 0.16x | 0.26x | 0.21x | 0.19x | 0.26x | 0.30x | 0.22x | 0.29x | 0.52x | 0.71x | 0.63x | 0.64x | 0.76x | 0.78x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 570K | 7.29M | 7.38M | 7.46M | 7.57M | 7.64M | 7.74M | 7.79M | 7.9M | 8.05M | 8.22M | 8.42M | 847K | 0 | 0 | 0 | 1.24M | 1.45M |
| Long-Term Investments | 0 | 9.07M | 9.07M | 9.07M | 9.07M | 8.72M | 9.32M | 9.32M | 9.39M | 0 | 0 | 8.81M | 0 | 0 | 10M | 10M | 11.26M | 2.39M | 20.25M |
| Other Non-Current Assets | 45.02M | 33.94M | 28.06M | 27.3M | 19.05M | 19.22M | 36.6M | 27.1M | 26.93M | 26.57M | 26.07M | 24.71M | 27.03M | 24.95M | 21.92M | 21.46M | 20.76M | 30.2M | 19.64M |
| Total Assets | 232.13M | 230.58M | 277.95M | 284.54M | 283.67M | 284.37M | 279.96M | 248.58M | 229.8M | 235.5M | 230.6M | 233.71M | 233.95M | 181.16M | 185.46M | 183.75M | 181.57M | 185.44M | 181.77M |
| Asset Turnover | 0.13x | 0.12x | 0.12x | 0.10x | 0.10x | 0.10x | 0.13x | 0.11x | 0.09x | 0.12x | 0.13x | 0.09x | 0.10x | 0.13x | 0.15x | 0.14x | 0.14x | 0.17x | 0.16x |
| Asset Growth % | -18.17% | -18.91% | -0.72% | 14.47% | 23.44% | 20.75% | 21.41% | 6.36% | -1.78% | 29.99% | 24.34% | 27.19% | 28.85% | -2.3% | 2.03% | - | - | - | - |
| Total Current Liabilities | 45.08M | 42.3M | 39.82M | 46.17M | 42.97M | 44.65M | 30.19M | 26.61M | 21.97M | 23.05M | 22.02M | 23.93M | 20.04M | 23.88M | 25.2M | 20.59M | 18.8M | 22.62M | 24.52M |
| Accounts Payable | 0 | 15.27M | 13.11M | 15.86M | 17.48M | 21.02M | 20.19M | 16.8M | 12.54M | 14.6M | 13.97M | 15.96M | 12.24M | 16.11M | 18.65M | 14.15M | 9.33M | 16.49M | 9.13M |
| Days Payables Outstanding | - | 51.32 | 53.39 | 79.57 | 99.96 | 109.98 | 79.73 | 70.67 | 80.04 | 93.19 | 58.81 | 83.7 | 74.29 | 91.51 | 64.91 | 53.65 | 50.48 | 53.92 | 165.73 |
| Short-Term Debt | 1.07M | 22.86M | 16.83M | 22.52M | 17.75M | 15.45M | 2.32M | 2.42M | 2.54M | 2.65M | 1.99M | 1.59M | 1.61M | 1.13M | 0 | 0 | 0 | 1.01M | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 268K | 0 | 0 |
| Other Current Liabilities | 44M | 2.87M | 5.58M | 3.75M | 3.91M | 3.78M | 3.96M | 3.93M | 3.94M | 2.9M | 2.89M | 2.93M | 2.77M | 2.88M | 1.42M | 1.29M | 599K | -4.32M | 5.17M |
| Current Ratio | 1.02x | 1.04x | 1.10x | 1.10x | 1.12x | 1.17x | 2.89x | 2.68x | 3.28x | 3.75x | 4.15x | 4.16x | 5.22x | 4.42x | 4.47x | 5.49x | 5.88x | 4.79x | 4.15x |
| Quick Ratio | 0.58x | 0.66x | 0.71x | 0.65x | 0.62x | 0.74x | 2.28x | 1.83x | 2.29x | 2.90x | 3.31x | 3.20x | 4.22x | 3.68x | 3.87x | 4.90x | 5.33x | 4.44x | 3.92x |
| Cash Conversion Cycle | - | 51.75 | 53.14 | 71.13 | 56.61 | 44.44 | 51.81 | 84.02 | 98.74 | 81.31 | 60.72 | 90.01 | 77.18 | 50.16 | 32.22 | 44.72 | 32.89 | 26.08 | 181.38 |
| Total Non-Current Liabilities | 19.25M | 20.32M | 20.97M | 21.6M | 22.52M | 22.44M | 31.66M | 32.38M | 32.67M | 34.05M | 34.29M | 34.97M | 52.69M | 17.3M | 17.64M | 18.66M | 18.43M | 15.51M | 16.23M |
| Long-Term Debt | 8.19M | 8.36M | 8.64M | 8.55M | 9.09M | 8.96M | 17.63M | 17.98M | 18.13M | 18.27M | 19.18M | 19.83M | 20.12M | 3.45M | 0 | 0 | 0 | 3.15M | 0 |
| Capital Lease Obligations | 0 | 6.17M | 6.68M | 7.38M | 7.84M | 7.87M | 7.57M | 8.09M | 8.4M | 8.87M | 8.8M | 9.01M | 7.64M | 5.13M | 8.86M | 9.59M | 9.17M | 4.18M | 7.99M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 11.05M | 5.78M | 5.65M | 5.68M | 5.6M | 5.61M | 6.46M | 6.31M | 6.14M | 6.91M | 6.31M | 6.13M | 24.93M | 8.72M | 8.78M | 9.07M | 8.32M | 8.18M | 8.24M |
| Total Liabilities | 64.32M | 62.62M | 60.79M | 67.77M | 65.5M | 67.09M | 61.85M | 58.98M | 54.63M | 57.1M | 56.31M | 58.9M | 72.74M | 41.19M | 42.83M | 39.25M | 37.22M | 38.13M | 40.75M |
| Total Debt | 9.27M | 37.39M | 34.96M | 41.01M | 37.21M | 34.36M | 29.52M | 30.43M | 30.88M | 31.74M | 32.01M | 32.8M | 31.93M | 12.44M | 12.69M | 13.57M | 12.93M | 10.5M | 11.31M |
| Net Debt | 4.6M | 30.82M | 27.93M | 34.05M | 30.87M | 20.85M | -19.14M | 1.95M | -4.34M | -13.62M | -20.52M | -25.96M | -36.1M | -53.99M | -63.13M | -67.25M | -66.88M | -68.25M | -60.83M |
| Debt / Equity | 0.06x | 0.22x | 0.16x | 0.19x | 0.17x | 0.16x | 0.14x | 0.16x | 0.18x | 0.18x | 0.18x | 0.19x | 0.20x | 0.09x | 0.09x | 0.09x | 0.09x | 0.07x | 0.08x |
| Debt / EBITDA | 5.84x | - | 11.98x | 44.09x | 13.09x | 11.78x | 6.22x | 127.84x | - | 4.98x | 172.11x | - | - | - | - | - | - | 4.10x | 2.08x |
| Net Debt / EBITDA | 2.89x | - | 9.57x | 36.61x | 10.86x | 7.15x | -4.04x | 8.18x | - | -2.14x | -110.31x | - | - | - | - | - | - | -26.64x | -11.17x |
| Interest Coverage | -1.39x | -90.94x | -0.11x | -2.59x | 1.28x | -0.84x | 3.01x | -1.34x | -3.32x | 5.05x | -1.76x | -6.02x | -13.12x | -37.42x | -27.81x | -2.62x | -34.27x | 102.08x | 336.28x |
| Total Equity | 167.81M | 167.96M | 217.15M | 216.77M | 218.17M | 217.28M | 218.12M | 189.6M | 175.16M | 178.4M | 174.29M | 174.81M | 161.21M | 139.98M | 142.62M | 144.5M | 144.35M | 147.3M | 141.03M |
| Equity Growth % | -23.08% | -22.7% | -0.44% | 14.33% | 24.55% | 21.79% | 25.14% | 8.46% | 8.65% | 27.45% | 22.21% | 20.98% | 11.68% | -4.97% | 1.13% | - | - | - | - |
| Book Value per Share | 4.02 | 4.03 | 5.22 | 5.22 | 5.13 | 6.03 | 5.83 | 5.52 | 4.73 | 5.41 | 5.48 | 6.39 | 6.78 | 7.30 | 7.71 | 7.82 | 7.87 | 7.82 | 7.63 |
| Total Shareholders' Equity | 167.81M | 167.96M | 217.15M | 216.77M | 218.17M | 217.28M | 218.12M | 189.6M | 175.16M | 178.4M | 174.29M | 174.81M | 161.21M | 139.98M | 142.62M | 144.5M | 144.35M | 147.3M | 141.03M |
| Common Stock | 47K | 47K | 47K | 47K | 47K | 47K | 47K | 41K | 38K | 38K | 38K | 37K | 32K | 24K | 24K | 24K | 24K | 23K | 23K |
| Retained Earnings | 12.98M | 13.82M | 63.85M | 64.5M | 66.64M | 66.43M | 67.77M | 66.16M | 68.12M | 71.54M | 68.25M | 70.43M | 76.28M | 83.95M | 87.12M | 89.5M | 89.83M | 92.86M | 87.03M |
| Treasury Stock | 0 | -47.69M | -47.69M | -47.69M | -47.69M | -47.69M | -47.69M | -47.69M | -47.69M | -47.69M | -47.69M | -47.69M | -47.69M | -47.69M | -47.69M | -47.69M | -47.69M | -47.69M | -47.69M |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |