Global Industrial Company (GIC) 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 | 402.7M | 396.5M | 404.2M | 394M | 372.9M | 352.6M | 358.9M | 366.9M | 337.7M | 329.8M | 337.9M | 359.4M | 335.4M | 325.7M | 346.3M | 372.1M | 345M | 301.4M | 322M | 292.3M |
| Cash & Short-Term Investments | 61.7M | 67.5M | 67.2M | 55.1M | 39M | 44.6M | 38.9M | 38.8M | 29.9M | 34.4M | 34.3M | 44.9M | 48.2M | 28.5M | 20M | 23.5M | 14.6M | 15.4M | 54.1M | 41.6M |
| Cash Only | 61.7M | 67.5M | 67.2M | 55.1M | 39M | 44.6M | 38.9M | 38.8M | 29.9M | 34.4M | 34.3M | 44.9M | 48.2M | 28.5M | 20M | 23.5M | 14.6M | 15.4M | 54.1M | 41.6M |
| 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 | 149.9M | 139.6M | 149.1M | 156.8M | 142.8M | 126.5M | 140.1M | 142.8M | 133.9M | 130.7M | 136.8M | 140.5M | 113.7M | 108M | 127.3M | 135.1M | 118.9M | 106.8M | 119.5M | 111.2M |
| Days Sales Outstanding | 37.18 | 38.43 | 39.79 | 37.98 | 37.75 | 40.57 | 38.01 | 36.2 | 37.23 | 38.44 | 35.97 | 35.5 | 36.44 | 41.55 | 40.44 | 36.29 | 35.19 | 39.73 | 38.26 | 36.04 |
| Inventory | 177.4M | 174.6M | 174.6M | 171.2M | 178.6M | 167.1M | 165.3M | 172.9M | 162.8M | 150.8M | 153.8M | 164.3M | 166.1M | 179.4M | 189.4M | 205.7M | 204.4M | 172.8M | 141.4M | 131.4M |
| Days Inventory Outstanding | 69.32 | 70.92 | 69.89 | 70.46 | 74.47 | 76.45 | 68.81 | 67.8 | 67.15 | 66.12 | 61.4 | 70.61 | 88.64 | 101.77 | 94.71 | 90.8 | 93.88 | 87.6 | 71.54 | 69.34 |
| Other Current Assets | 13.7M | 14.8M | 13.3M | 10.9M | 12.5M | 14.4M | 14.6M | 12.4M | 11.1M | 13.9M | 13M | 9.7M | 0 | 0 | 9.6M | 7.8M | 7.1M | 6.4M | 7M | 8.1M |
| Total Non-Current Assets | 178.4M | 184.3M | 198.3M | 192.5M | 163.8M | 168.1M | 172.7M | 175.6M | 179.7M | 183.6M | 189.9M | 194.6M | 126.2M | 129.5M | 128.1M | 133.3M | 101.4M | 103.6M | 107.8M | 110.5M |
| Property, Plant & Equipment | 105.5M | 110.3M | 122.5M | 115.6M | 88.3M | 91.8M | 95.4M | 97.3M | 101.1M | 104.4M | 107.3M | 111.3M | 108.1M | 111.3M | 109.1M | 114.6M | 83M | 85.3M | 88.8M | 90.9M |
| Fixed Asset Turnover | 3.25x | 2.97x | 2.97x | 3.52x | 3.56x | 3.23x | 3.55x | 3.51x | 3.15x | 3.02x | 3.24x | 2.97x | 2.50x | 2.36x | 2.67x | 3.22x | 3.43x | 3.01x | 3.09x | 2.98x |
| Goodwill | 40.6M | 40.6M | 40.6M | 40.6M | 39.6M | 39.6M | 39.6M | 39.6M | 40M | 40M | 40.6M | 40.6M | 0 | 5.5M | 0 | 0 | 0 | 5.5M | 0 | 0 |
| Intangible Assets | 22.9M | 23.7M | 24.5M | 25.3M | 25.3M | 26.1M | 26.9M | 27.7M | 28.5M | 29.3M | 30.1M | 30.9M | 8.3M | 1.1M | 8.4M | 8.2M | 8.1M | 1.3M | 6.9M | 6.9M |
| 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 | 2.2M | 9.7M | 2.5M | 2.5M | 2.5M | 2.5M | 2.7M | 2.9M | 2.5M | 2M | 1.9M | 1.9M | 9.8M | 1.7M | 0 | 0 | 0 | 1.2M | 2.2M | 2.4M |
| Total Assets | 581.1M | 580.8M | 602.5M | 586.5M | 536.7M | 520.7M | 531.6M | 542.5M | 517.4M | 513.4M | 527.8M | 554M | 461.6M | 455.2M | 474.4M | 505.4M | 446.4M | 405M | 429.8M | 402.8M |
| Asset Turnover | 0.60x | 0.58x | 0.59x | 0.64x | 0.61x | 0.57x | 0.64x | 0.66x | 0.63x | 0.61x | 0.66x | 0.64x | 0.60x | 0.56x | 0.61x | 0.67x | 0.68x | 0.63x | 0.67x | 0.69x |
| Asset Growth % | 8.27% | 11.54% | 13.34% | 8.11% | 3.73% | 1.42% | 0.72% | -2.08% | 12.09% | 12.79% | 11.26% | 9.62% | 3.4% | 12.4% | 10.38% | 25.47% | 14.02% | 8.03% | -2.91% | 1.54% |
| Total Current Liabilities | 177M | 178.5M | 184.7M | 187.3M | 180.4M | 168.4M | 178M | 195.8M | 176.9M | 174.2M | 195M | 231.3M | 155.8M | 153.1M | 180.1M | 219.4M | 207.1M | 179.9M | 200.8M | 190.3M |
| Accounts Payable | 101.9M | 108.7M | 112M | 115M | 115.3M | 106.5M | 113.2M | 126M | 112.2M | 111M | 125.8M | 118.8M | 103.6M | 96.9M | 113.2M | 128.7M | 123M | 114.4M | 134.7M | 130.1M |
| Days Payables Outstanding | 41.47 | 44.82 | 45.88 | 46.39 | 47.78 | 50.53 | 48.67 | 48.11 | 47.79 | 51.41 | 47.22 | 47.53 | 51.44 | 57.98 | 57.99 | 55.73 | 59.09 | 69.45 | 69.45 | 70.96 |
| Short-Term Debt | 0 | 16.1M | 0 | 0 | 0 | 14.1M | 0 | 0 | 0 | 0 | 0 | 54.2M | 0 | 600K | 21.8M | 41.9M | 35.5M | 4.5M | 10.3M | 10.1M |
| Deferred Revenue (Current) | 0 | 3.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 21.5M | 0 | 0 | 0 | 14.6M | 0 | 0 | 0 | 11.4M | 0 | -13.9M | 0 | 10.1M | -11.8M | -11.9M | -10.5M | 28.2M | 55.8M | 50.1M |
| Current Ratio | 2.28x | 2.22x | 2.19x | 2.10x | 2.07x | 2.09x | 2.02x | 1.87x | 1.91x | 1.89x | 1.73x | 1.55x | 2.15x | 2.13x | 1.92x | 1.70x | 1.67x | 1.68x | 1.60x | 1.54x |
| Quick Ratio | 1.27x | 1.24x | 1.24x | 1.19x | 1.08x | 1.10x | 1.09x | 0.99x | 0.99x | 1.03x | 0.94x | 0.84x | 1.09x | 0.96x | 0.87x | 0.76x | 0.68x | 0.71x | 0.90x | 0.85x |
| Cash Conversion Cycle | 65.03 | 64.52 | 63.81 | 62.05 | 64.44 | 66.49 | 58.15 | 55.89 | 56.58 | 53.16 | 50.16 | 58.58 | 73.64 | 85.34 | 77.16 | 71.36 | 69.99 | 57.88 | 40.35 | 34.42 |
| Total Non-Current Liabilities | 84.2M | 89.1M | 101.8M | 94M | 68.4M | 71.2M | 74.4M | 76.3M | 80.3M | 84M | 86.6M | 90.9M | 88.8M | 91.7M | 92.3M | 98.3M | 68.5M | 71.5M | 75.7M | 78M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 69M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 83.3M | 87.5M | 100.1M | 92.1M | 66.3M | 0 | 72M | 73.9M | 77.8M | 81.4M | 84.1M | 88M | 86.2M | 89.1M | 89.7M | 95.9M | 65.8M | 68.5M | 71M | 73.7M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 900K | 1.6M | 1.7M | 1.9M | 2.1M | 2.2M | 2.4M | 2.4M | 2.5M | 2.6M | 2.5M | 2.9M | 2.6M | 2.6M | 2.6M | 2.4M | 2.7M | 3M | 4.7M | 4.3M |
| Total Liabilities | 261.2M | 267.6M | 286.5M | 281.3M | 248.8M | 239.6M | 252.4M | 272.1M | 257.2M | 258.2M | 281.6M | 322.2M | 244.6M | 244.8M | 272.4M | 317.7M | 275.6M | 251.4M | 276.5M | 268.3M |
| Total Debt | 99.2M | 103.6M | 115M | 107M | 80.2M | 83.1M | 86.3M | 88.1M | 91.9M | 95.5M | 98M | 156.1M | 98.4M | 102.1M | 123.3M | 149.7M | 111.8M | 83.5M | 81.3M | 83.8M |
| Net Debt | 37.5M | 36.1M | 47.8M | 51.9M | 41.2M | 38.5M | 47.4M | 49.3M | 62M | 61.1M | 63.7M | 111.2M | 50.2M | 73.6M | 103.3M | 126.2M | 97.2M | 68.1M | 27.2M | 42.2M |
| Debt / Equity | 0.31x | 0.33x | 0.36x | 0.35x | 0.28x | 0.30x | 0.31x | 0.33x | 0.35x | 0.37x | 0.40x | 0.67x | 0.45x | 0.49x | 0.61x | 0.80x | 0.65x | 0.54x | 0.53x | 0.62x |
| Debt / EBITDA | 4.82x | 4.82x | 4.06x | 3.02x | 3.99x | 5.10x | 3.57x | 3.11x | 4.76x | 4.10x | 3.26x | 5.10x | 5.21x | 5.43x | 4.33x | 4.77x | 3.68x | 3.09x | 2.58x | 3.27x |
| Net Debt / EBITDA | 1.82x | 1.68x | 1.69x | 1.47x | 2.05x | 2.36x | 1.96x | 1.74x | 3.21x | 2.62x | 2.12x | 3.63x | 2.66x | 3.91x | 3.62x | 4.02x | 3.20x | 2.52x | 0.86x | 1.65x |
| Interest Coverage | 206.00x | 40.20x | 131.50x | - | 182.00x | - | - | 264.00x | 87.00x | 214.00x | 40.29x | 97.00x | 89.00x | - | 45.83x | 101.67x | 73.75x | 86.00x | 153.00x | 247.00x |
| Total Equity | 319.9M | 313.2M | 316M | 305.2M | 287.9M | 281.1M | 279.2M | 270.4M | 260.2M | 255.2M | 246.2M | 231.8M | 217M | 210.4M | 202M | 187.7M | 170.8M | 153.6M | 153.3M | 134.5M |
| Equity Growth % | 11.12% | 11.42% | 13.18% | 12.87% | 10.65% | 10.15% | 13.4% | 16.65% | 19.91% | 21.29% | 21.88% | 23.49% | 27.05% | 36.98% | 31.77% | 39.55% | 45.49% | 43.82% | -8.8% | -9.55% |
| Book Value per Share | 8.35 | 8.16 | 8.21 | 7.95 | 7.50 | 7.32 | 7.27 | 7.04 | 6.78 | 6.66 | 6.45 | 6.07 | 5.68 | 5.52 | 5.30 | 4.93 | 4.48 | 4.04 | 4.03 | 3.55 |
| Total Shareholders' Equity | 319.9M | 313.2M | 316M | 305.2M | 287.9M | 281.1M | 279.2M | 270.4M | 260.2M | 255.2M | 246.2M | 231.8M | 217M | 210.4M | 202M | 187.7M | 170.8M | 153.6M | 153.3M | 134.5M |
| Common Stock | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K |
| Retained Earnings | 126.1M | 120.3M | 115.8M | 107.1M | 92.1M | 88.6M | 87.5M | 80.3M | 69.6M | 66M | 58.3M | 45.3M | 31.4M | 25.9M | 18.9M | 5.6M | -10.3M | -25.5M | -24.4M | -41.4M |
| Treasury Stock | -21.7M | -22.1M | -13.4M | -15M | -15.2M | -16.8M | -16.8M | -17.1M | -17.2M | -18.6M | -18.8M | -18.9M | -19.1M | -19.5M | -19.6M | -19.6M | -19.8M | -20.4M | -21.1M | -21.9M |
| Accumulated OCI | 1.5M | 1.8M | 1.7M | 2.1M | 1.6M | 1.4M | 2.3M | 2.2M | 2.4M | 2.6M | 2.4M | 2.7M | 2.5M | 2.4M | 2.2M | 3M | 3.4M | 3.3M | 3.4M | 3.6M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |