Farmer Bros. Co. (FARM) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | 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 | Q3'21 |
|---|
| Total Current Assets | 83.64M | 87.29M | 85.55M | 84.56M | 99.84M | 102.67M | 102.98M | 100.66M | 104.42M | 105M | 113M | 150.31M | 160.22M | 158.33M | 165.09M | 169.56M | 153.76M | 148.34M | 139.09M | 133.02M |
| Cash & Short-Term Investments | 4.36M | 3.82M | 6.8M | 4.05M | 5.49M | 3.28M | 5.83M | 5.52M | 6.93M | 4.04M | 5.24M | 7.26M | 17.62M | 7.56M | 9.82M | 10.38M | 3.62M | 6.01M | 10.26M | 8.47M |
| Cash Only | 4.36M | 3.82M | 6.8M | 4.05M | 5.49M | 3.28M | 5.83M | 5.52M | 6.93M | 4.04M | 5.24M | 7.26M | 17.62M | 7.56M | 9.82M | 10.38M | 3.62M | 6.01M | 10.26M | 8.47M |
| 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 | 25.53M | 23.73M | 24.76M | 24.5M | 35.61M | 34.67M | 35.15M | 32.78M | 32.85M | 35.01M | 45.13M | 54.1M | 50.31M | 47.32M | 46.94M | 47.44M | 48.48M | 43.38M | 40.32M | 37.1M |
| Days Sales Outstanding | 25.48 | 27.33 | 26.32 | 32.96 | 35.91 | 37.76 | 36.62 | 34.99 | 34.9 | 45.02 | -117.75 | 54.81 | 50.51 | 54.31 | 34.92 | 36.15 | 35.67 | 35.53 | 34.25 | 38.15 |
| Inventory | 49.4M | 55.19M | 49.84M | 51.25M | 52.77M | 57.62M | 57.23M | 54.39M | 55.47M | 54.29M | 49.28M | 82.25M | 83.54M | 95.76M | 57.57M | 100.64M | 87.22M | 83.86M | 76.79M | 75.15M |
| Days Inventory Outstanding | 84.92 | 98.27 | 98.09 | 98.44 | 99.21 | 110.64 | 98.37 | 97.77 | 94.65 | 93.23 | -88.93 | 130.96 | 142.46 | 133.56 | 81.73 | 100.84 | 94.3 | 96.09 | 92.82 | 101.19 |
| Other Current Assets | 4.35M | 178K | 178K | 530K | 1.15M | 2.23M | 538K | 3.47M | 4.03M | 6.54M | 8.01M | 1.94M | 4.26M | 3.21M | 46.28M | 6.26M | 10.2M | 9.06M | 6.12M | 3.58M |
| Total Non-Current Assets | 67.81M | 71.49M | 75.69M | 78.6M | 79.28M | 79.31M | 82.23M | 78.44M | 77.43M | 73.11M | 74.78M | 174.74M | 178.78M | 180.95M | 184.98M | 189.23M | 192.9M | 197.4M | 198.92M | 207.24M |
| Property, Plant & Equipment | 59.58M | 62.61M | 66.19M | 68.03M | 67.84M | 67.04M | 69.24M | 64.86M | 63.08M | 57.54M | 58.38M | 157.6M | 161.07M | 162.86M | 70.16M | 169.63M | 172.58M | 175.84M | 176.34M | 180.27M |
| Fixed Asset Turnover | 1.46x | 1.27x | 1.27x | 1.21x | 1.33x | 1.25x | 1.26x | 1.33x | 1.48x | 1.41x | -0.36x | 0.54x | 0.55x | 0.69x | 1.03x | 0.70x | 0.68x | 0.62x | 0.58x | 0.51x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 7.93M | 8.48M | 9.03M | 9.58M | 10.13M | 10.68M | 11.23M | 11.78M | 12.33M | 12.9M | 13.49M | 14.09M | 14.68M | 15.27M | 15.86M | 16.46M | 17.05M | 17.65M | 18.25M | 18.85M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 301K | 396K | 461K | 986K | 1.3M | 1.59M | 1.76M | 1.8M | 2.02M | 2.67M | 2.92M | 3.05M | 3.03M | 2.82M | 98.95M | 3.15M | 3.27M | 3.91M | 4.32M | 8.12M |
| Total Assets | 151.45M | 158.78M | 161.23M | 163.16M | 179.12M | 181.98M | 185.21M | 179.1M | 181.85M | 178.11M | 187.78M | 325.05M | 338.99M | 339.28M | 350.07M | 358.79M | 346.66M | 345.74M | 338.01M | 340.26M |
| Asset Turnover | 0.57x | 0.51x | 0.52x | 0.48x | 0.50x | 0.46x | 0.46x | 0.47x | 0.50x | 0.45x | -0.15x | 0.26x | 0.26x | 0.23x | 0.35x | 0.34x | 0.34x | 0.32x | 0.30x | 0.27x |
| Asset Growth % | -15.45% | -12.75% | -12.95% | -8.9% | -1.5% | 2.17% | -1.37% | -44.9% | -46.36% | -47.5% | -46.36% | -9.4% | -2.21% | -1.87% | 3.57% | 5.45% | -2.65% | -2.62% | -13.93% | -13.93% |
| Total Current Liabilities | 65.95M | 70.16M | 71.03M | 64.94M | 77.89M | 77.93M | 77.03M | 70.72M | 73.54M | 76.66M | 85.36M | 90.73M | 93.63M | 78.84M | 87.6M | 97.36M | 88.17M | 81.82M | 76.24M | 74.4M |
| Accounts Payable | 38.7M | 41.46M | 37.67M | 36.65M | 44.63M | 49.66M | 48.48M | 42.87M | 44.2M | 52.61M | 60.09M | 65.14M | 62.62M | 45.7M | 52.88M | 63.06M | 54.35M | 52.82M | 45.7M | 44.61M |
| Days Payables Outstanding | 65.08 | 74.03 | 72.11 | 76.92 | 84.74 | 94.55 | 80.5 | 77.49 | 83.48 | 101.45 | -84.67 | 100.92 | 86.06 | 85.87 | 59.89 | 63.02 | 59.07 | 58.93 | 55.17 | 61.33 |
| Short-Term Debt | 15.26M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.13M | 3.13M | 3.13M | 3.8M | 3.8M | 2.85M | 1.9M | 950K | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 2.84M | 4.08M | 3.8M | 3.15M | 6.11M | 5.03M | 3.53M | 3.18M | 4.06M | 4.54M | 6.96M | 5.07M | 9.93M | 7.18M | 8.25M | 6.84M | 7.64M | 7.06M | 5.74M | 6.28M |
| Current Ratio | 1.27x | 1.24x | 1.20x | 1.30x | 1.28x | 1.32x | 1.34x | 1.42x | 1.42x | 1.37x | 1.32x | 1.66x | 1.71x | 2.01x | 1.88x | 1.74x | 1.74x | 1.81x | 1.82x | 1.79x |
| Quick Ratio | 0.52x | 0.46x | 0.50x | 0.51x | 0.60x | 0.58x | 0.59x | 0.65x | 0.67x | 0.66x | 0.75x | 0.75x | 0.82x | 0.79x | 1.23x | 0.71x | 0.75x | 0.79x | 0.82x | 0.78x |
| Cash Conversion Cycle | 45.31 | 51.57 | 52.3 | 54.49 | 50.38 | 53.85 | 54.5 | 55.27 | 46.06 | 36.8 | -122.01 | 84.85 | 106.9 | 102 | 56.75 | 73.97 | 70.91 | 72.69 | 71.9 | 78.01 |
| Total Non-Current Liabilities | 49.84M | 48.62M | 46.66M | 60.95M | 59.74M | 63.13M | 62.63M | 65.23M | 65.04M | 63.65M | 64.3M | 160.47M | 162.43M | 163.59M | 157.72M | 160.73M | 153.17M | 155.88M | 156.81M | 183.87M |
| Long-Term Debt | 40.56M | 18.3M | 14.3M | 23.3M | 23.3M | 23.3M | 23.3M | 23.3M | 23.3M | 23.3M | 23.02M | 108.41M | 109.13M | 109.85M | 103.12M | 95.39M | 86.12M | 84.93M | 87.83M | 88M |
| Capital Lease Obligations | 19.26M | 20.51M | 22.2M | 23.14M | 21.32M | 21.67M | 21.87M | 17.99M | 17.53M | 16.54M | 17.43M | 19.06M | 20.29M | 20.28M | 21.17M | 21.62M | 22.09M | 22.98M | 20.61M | 20.36M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 735K | 735K | 735K | 735K | 1.16M | 1.16M | 1.16M | 1.16M | 1.42M |
| Other Non-Current Liabilities | -9.97M | 9.81M | 10.16M | 14.51M | 15.12M | 18.16M | 17.46M | 23.94M | 24.21M | 23.81M | 23.86M | 33M | 32.28M | 32.73M | 32.69M | 42.55M | 43.8M | 46.81M | 47.21M | 74.09M |
| Total Liabilities | 115.79M | 118.78M | 117.68M | 125.89M | 137.63M | 141.06M | 139.66M | 135.96M | 138.59M | 140.31M | 149.67M | 251.2M | 256.06M | 242.43M | 245.32M | 258.08M | 241.35M | 237.7M | 233.05M | 258.27M |
| Total Debt | 75.08M | 54.85M | 53.36M | 63.15M | 60.87M | 57.75M | 59.41M | 55.08M | 53.42M | 48.08M | 48.68M | 138.84M | 140.72M | 141.21M | 136.01M | 128.32M | 118.25M | 116.91M | 115.84M | 114.59M |
| Net Debt | 70.72M | 51.03M | 46.57M | 59.09M | 55.38M | 54.47M | 53.58M | 49.55M | 46.49M | 44.04M | 43.44M | 131.58M | 123.09M | 133.65M | 126.19M | 117.94M | 114.63M | 110.89M | 105.58M | 106.12M |
| Debt / Equity | 2.11x | 1.37x | 1.23x | 1.69x | 1.47x | 1.41x | 1.30x | 1.28x | 1.23x | 1.27x | 1.28x | 1.88x | 1.70x | 1.46x | 1.30x | 1.27x | 1.12x | 1.08x | 1.10x | 1.40x |
| Debt / EBITDA | - | - | 7.96x | - | 15.46x | 836.93x | - | 22.81x | 7.32x | 55.90x | 9.48x | - | 58.32x | 29.00x | 100.52x | 69.25x | 80.06x | 25.99x | 514.86x | - |
| Net Debt / EBITDA | - | - | 6.94x | - | 14.06x | 789.36x | - | 20.52x | 6.37x | 51.21x | 8.46x | - | 51.01x | 27.45x | 93.27x | 63.65x | 77.61x | 24.65x | 469.25x | - |
| Interest Coverage | -2.70x | -2.04x | -1.65x | -1.48x | 1.07x | -1.72x | -1.48x | 0.63x | -0.68x | 0.35x | -1.78x | -2.10x | -3.65x | 0.26x | -0.81x | -1.48x | -1.13x | 0.22x | 0.39x | -3.59x |
| Total Equity | 35.66M | 40.01M | 43.55M | 37.26M | 41.49M | 40.93M | 45.55M | 43.15M | 43.26M | 37.8M | 38.11M | 73.84M | 82.94M | 96.85M | 104.75M | 100.71M | 105.31M | 108.03M | 104.96M | 81.99M |
| Equity Growth % | -14.06% | -2.25% | -4.39% | -13.63% | -4.09% | 8.28% | 19.51% | -41.57% | -47.84% | -60.97% | -63.62% | -26.67% | -21.24% | -10.35% | -0.2% | 22.83% | 9.48% | 4.25% | -6.21% | -44.5% |
| Book Value per Share | 1.65 | 1.85 | 2.02 | 1.74 | 1.86 | 1.92 | 2.19 | 2.04 | 2.07 | 1.86 | 1.90 | 3.71 | 4.43 | 5.11 | 5.68 | 5.51 | 5.82 | 6.01 | 6.05 | 4.62 |
| Total Shareholders' Equity | 35.66M | 40.01M | 43.55M | 37.26M | 41.49M | 40.93M | 45.55M | 43.15M | 43.26M | 37.8M | 38.11M | 73.84M | 82.94M | 96.85M | 104.75M | 100.71M | 105.31M | 108.03M | 104.96M | 81.99M |
| Common Stock | 21.72M | 21.6M | 21.56M | 21.51M | 21.35M | 21.27M | 21.27M | 21.27M | 20.8M | 20.58M | 20.14M | 19.95M | 19.68M | 19.28M | 18.47M | 18.3M | 18.21M | 18M | 17.85M | 17.77M |
| Retained Earnings | -53.76M | -48.9M | -44.87M | -40.12M | -35.15M | -35.36M | -30.35M | -25.76M | -25.08M | -27.79M | -26.48M | 20.3M | 31.72M | 45.33M | 52.7M | 53.98M | 58.17M | 63.74M | 66.31M | 70.43M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -14.81M | -14.81M | -14.81M | -25.4M | -25.63M | -25.44M | -25.32M | -31.88M | -32.05M | -33.46M | -32.83M | -41.8M | -42.56M | -39.95M | -38.43M | -41.78M | -39.35M | -41.08M | -45.33M | -71.39M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |