Ferroglobe PLC (GSM) 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 | 760.17M | 733.73M | 820.5M | 871.96M | 794.4M | 817.6M | 904.24M | 897.29M | 866.66M | 1.04B | 1.01B | 1.15B | 1.11B | 1.29B | 1.2B | 1.23B | 1.05B | 804.27M | 707.46M | 699.98M |
| Cash & Short-Term Investments | 96.4M | 134.09M | 134M | 148.08M | 138.15M | 138.47M | 124.02M | 144.76M | 159.77M | 136.47M | 164.21M | 361.01M | 342.02M | 317.94M | 234.84M | 304.64M | 174M | 114.5M | 95.95M | 100.94M |
| Cash Only | 96.39M | 122.99M | 121.48M | 135.55M | 129.58M | 132.97M | 120.81M | 144.49M | 159.77M | 136.47M | 163.85M | 361.01M | 342.02M | 317.94M | 234.84M | 304.43M | 173.8M | 114.39M | 95.04M | 99.94M |
| Short-Term Investments | 4K | 11.1M | 12.52M | 12.53M | 8.56M | 5.5M | 3.21M | 275K | 2K | 2K | 359K | 2K | 2K | 3K | 2K | 203K | 203K | 104K | 903K | 1M |
| Accounts Receivable | 308.84M | 271.76M | 281.9M | 349.39M | 302.02M | 286.5M | 319.97M | 308.57M | 317.39M | 334.69M | 308.39M | 300.84M | 322.83M | 440.18M | 417.32M | 503.54M | 503.14M | 394.79M | 316.67M | 295.92M |
| Days Sales Outstanding | 75.13 | 77.32 | 93.17 | 76.62 | 86.22 | 75.91 | 66.69 | 92.72 | 75.72 | 78.68 | 67.24 | 62.17 | 85.65 | 87.92 | 71.41 | 54.48 | 56.49 | 57.44 | 65.65 | 63.91 |
| Inventory | 334.26M | 306.16M | 369.39M | 325.96M | 314.84M | 347.14M | 407.78M | 397.44M | 361.6M | 383.84M | 383.45M | 384.53M | 417.04M | 480.56M | 511.56M | 403M | 362.3M | 271.86M | 284.49M | 227.12M |
| Days Inventory Outstanding | 94.73 | 73.34 | 118.81 | 85.68 | 116.43 | 128.72 | 135.2 | 134.98 | 122.02 | 160.68 | 164.62 | 135.72 | 161.68 | 147.16 | 137.97 | 89.3 | 78.91 | 64.62 | 73.72 | 71.07 |
| Other Current Assets | 20.67M | 21.72M | 35.21M | 48.53M | 39.38M | 36.22M | 52.47M | 46.53M | 27.89M | 170.25M | 156.56M | 105.32M | 28M | 28.33M | 35.58M | 15.52M | 11.84M | 4.9M | 10.35M | 63.37M |
| Total Non-Current Assets | 760.92M | 687.22M | 720.88M | 788.93M | 746.1M | 654.84M | 734.69M | 773.29M | 772.21M | 721.81M | 691.09M | 701.95M | 796.92M | 671.02M | 662.97M | 678.26M | 793.9M | 719.06M | 712.86M | 726.59M |
| Property, Plant & Equipment | 480.83M | 486.68M | 521.22M | 519.16M | 495.29M | 487.2M | 523.09M | 502.61M | 500.94M | 501.4M | 494.91M | 500.55M | 497.56M | 486.25M | 511.26M | 528.2M | 548.86M | 554.91M | 567.88M | 587.6M |
| Fixed Asset Turnover | 0.72x | 0.65x | 0.60x | 0.76x | 0.63x | 0.73x | 0.85x | 0.61x | 0.78x | 0.75x | 0.84x | 0.91x | 0.81x | 0.90x | 1.14x | 1.56x | 1.30x | 1.01x | 0.74x | 0.71x |
| Goodwill | 0 | 12.47M | 14.22M | 14.22M | 14.22M | 14.22M | 29.7M | 29.7M | 29.7M | 29.7M | 29.7M | 29.7M | 29.7M | 29.7M | 29.7M | 29.7M | 29.7M | 29.7M | 29.7M | 29.7M |
| Intangible Assets | 198.32M | 132.68M | 128.02M | 195.63M | 178.58M | 103.09M | 131.18M | 192.13M | 193.59M | 138.34M | 120.6M | 125.4M | 223.45M | 111.8M | 97.47M | 94.87M | 188.41M | 100.64M | 89.7M | 87.56M |
| Long-Term Investments | 47.78M | 28.48M | 30.29M | 29.28M | 27M | 14.74M | 18.17M | 17.35M | 15.57M | 14.07M | 19.3M | 17.98M | 19.79M | 14.19M | 7.32M | 7.55M | 7.86M | 4.09M | 7.51M | 5.33M |
| Other Non-Current Assets | 21.52M | 21.44M | 21.41M | 21.35M | 23.02M | 29.01M | 24.29M | 22M | 21.77M | 29.54M | 19.41M | 19.63M | 19.3M | 21.95M | 17.07M | 17.82M | 18.82M | 22.7M | 17.92M | 16.34M |
| Total Assets | 1.52B | 1.42B | 1.54B | 1.66B | 1.54B | 1.47B | 1.64B | 1.67B | 1.64B | 1.76B | 1.7B | 1.85B | 1.91B | 1.96B | 1.86B | 1.9B | 1.85B | 1.52B | 1.42B | 1.43B |
| Asset Turnover | 0.24x | 0.22x | 0.19x | 0.24x | 0.20x | 0.24x | 0.26x | 0.19x | 0.23x | 0.22x | 0.23x | 0.24x | 0.21x | 0.23x | 0.31x | 0.45x | 0.42x | 0.39x | 0.30x | 0.30x |
| Asset Growth % | -1.26% | -3.5% | -5.95% | -0.58% | -6% | -16.28% | -3.8% | -9.88% | -14.05% | -10.17% | -8.51% | -2.69% | 3.34% | 28.52% | 31.12% | 33.53% | 39.87% | 13.08% | -0.42% | -3.72% |
| Total Current Liabilities | 532.03M | 441.29M | 495.4M | 558.79M | 478.73M | 448.61M | 494.52M | 549.24M | 497.38M | 494M | 434.63M | 437.59M | 626.43M | 678.5M | 630.45M | 642.69M | 710.86M | 653.63M | 529.62M | 848.86M |
| Accounts Payable | 207M | 144.85M | 224.78M | 226.08M | 176.02M | 157.89M | 188.44M | 195.28M | 178.04M | 182.95M | 166.62M | 191.38M | 147.15M | 219.02M | 208M | 214.28M | 249.06M | 201M | 194.07M | 189.45M |
| Days Payables Outstanding | 52.04 | 40.13 | 77.03 | 53.76 | 58.73 | 59.05 | 64.43 | 66.39 | 59.09 | 73.2 | 76.74 | 57.32 | 65.95 | 63.34 | 63.7 | 54.07 | 56 | 45.88 | 55.26 | 56.28 |
| Short-Term Debt | 125.14M | 118.14M | 94.82M | 12.37M | 83.1M | 98.26M | 73.66M | 68.8M | 55.06M | 50.1M | 61.45M | 84.01M | 43.64M | 134.51M | 137.47M | 118.83M | 109.61M | 35.36M | 121.34M | 445.14M |
| 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 | 199M | 177.14M | 174.12M | 306.44M | 209.11M | 97.37M | 224.46M | 279.37M | 257.86M | 136.81M | 194.65M | 158.7M | 387.31M | 256.21M | 214.41M | 266.39M | 330.98M | 389.88M | 212.74M | 198.91M |
| Current Ratio | 1.43x | 1.66x | 1.66x | 1.56x | 1.66x | 1.82x | 1.83x | 1.63x | 1.74x | 2.10x | 2.33x | 2.63x | 1.77x | 1.90x | 1.90x | 1.91x | 1.48x | 1.23x | 1.34x | 0.82x |
| Quick Ratio | 0.80x | 0.97x | 0.91x | 0.98x | 1.00x | 1.05x | 1.00x | 0.91x | 1.02x | 1.32x | 1.45x | 1.75x | 1.11x | 1.19x | 1.09x | 1.28x | 0.97x | 0.81x | 0.80x | 0.56x |
| Cash Conversion Cycle | 117.82 | 110.53 | 134.94 | 108.53 | 143.92 | 145.58 | 137.46 | 161.31 | 138.65 | 166.16 | 155.12 | 140.57 | 181.37 | 171.75 | 145.67 | 89.71 | 79.4 | 76.17 | 84.11 | 78.7 |
| Total Non-Current Liabilities | 318.6M | 287.4M | 259.16M | 289.46M | 281.2M | 189.59M | 228.7M | 245.34M | 297.78M | 394.88M | 409.36M | 592.46M | 621.9M | 522.53M | 531.49M | 624.56M | 658.85M | 549.68M | 608.78M | 278.25M |
| Long-Term Debt | 0 | 117.56M | 52.41M | 45.94M | 32.3M | 31.1M | 14.21M | 14.4M | 14.64M | 223.71M | 229.83M | 384.48M | 320.21M | 380.09M | 368.22M | 388.83M | 408.31M | 408.61M | 409.17M | 41.66M |
| Capital Lease Obligations | 55.52M | 57.43M | 65.59M | 64.86M | 59.77M | 56.59M | 57.86M | 54.46M | 54.36M | 54.48M | 11.57M | 11.63M | 11.74M | 12.94M | 9.18M | 9.51M | 10.64M | 9.97M | 11.2M | 12.99M |
| Deferred Tax Liabilities | 8.2M | 16.47M | 18.06M | 18.51M | 18.83M | 19.63M | 31.2M | 30.27M | 30.25M | 32.58M | 35.45M | 34.27M | 35.27M | 35.85M | 34.46M | 41.23M | 35.42M | 25.14M | 0 | 23.96M |
| Other Non-Current Liabilities | 254.87M | 69.54M | 90M | 102.56M | 98.54M | 62.01M | 90.82M | 86.95M | 121.34M | 57.13M | 83.04M | 84.56M | 126.54M | 89.81M | 96.5M | 136.02M | 133.77M | 105.06M | 172.14M | 162.06M |
| Total Liabilities | 850.63M | 728.69M | 754.57M | 848.25M | 759.93M | 638.2M | 723.23M | 794.58M | 795.16M | 888.88M | 843.99M | 1.03B | 1.25B | 1.2B | 1.16B | 1.27B | 1.37B | 1.2B | 1.14B | 1.13B |
| Total Debt | 180.66M | 293.14M | 212.82M | 136.87M | 175.16M | 198.82M | 145.73M | 137.66M | 124.06M | 340.05M | 302.85M | 480.13M | 375.6M | 536.47M | 514.87M | 517.18M | 528.56M | 462.32M | 541.71M | 508.51M |
| Net Debt | 84.27M | 170.15M | 91.35M | 1.32M | 45.58M | 65.85M | 24.92M | -6.83M | -35.7M | 203.58M | 139M | 119.12M | 33.58M | 218.54M | 280.03M | 212.74M | 354.76M | 347.93M | 446.66M | 408.57M |
| Debt / Equity | 0.27x | 0.42x | 0.27x | 0.17x | 0.22x | 0.24x | 0.16x | 0.16x | 0.15x | 0.39x | 0.35x | 0.58x | 0.57x | 0.71x | 0.74x | 0.81x | 1.11x | 1.44x | 1.92x | 1.70x |
| Debt / EBITDA | - | - | 11.85x | 5.06x | - | - | 2.45x | - | 5.84x | 9.91x | 3.21x | 6.05x | 6.01x | 10.68x | 2.96x | 1.81x | 2.28x | 5.75x | 15.38x | 15.92x |
| Net Debt / EBITDA | - | - | 5.09x | 0.05x | - | - | 0.42x | - | -1.68x | 5.93x | 1.47x | 1.50x | 0.54x | 4.35x | 1.61x | 0.75x | 1.53x | 4.33x | 12.68x | 12.79x |
| Interest Coverage | -4.76x | -17.17x | -0.21x | -1.96x | -13.55x | -100.57x | 15.80x | -13.55x | 0.63x | 0.78x | 8.37x | 64.22x | 4.03x | 1.96x | 9.29x | 20.68x | 16.95x | 3.55x | 0.05x | 0.75x |
| Total Equity | 670.46M | 692.26M | 786.81M | 812.64M | 780.57M | 834.25M | 915.71M | 876.01M | 843.7M | 869.89M | 859.72M | 823.6M | 658.49M | 756.81M | 700.34M | 637.71M | 475.48M | 320.03M | 281.91M | 299.47M |
| Equity Growth % | -14.11% | -17.02% | -14.08% | -7.23% | -7.48% | -4.1% | 6.51% | 6.36% | 28.13% | 14.94% | 22.76% | 29.15% | 38.49% | 136.48% | 148.43% | 112.95% | 59.04% | -12.49% | -41.69% | -42.41% |
| Book Value per Share | 3.56 | 3.68 | 4.18 | 4.32 | 4.17 | 4.44 | 4.81 | 4.68 | 4.49 | 4.56 | 4.51 | 4.33 | 3.47 | 4.01 | 3.71 | 3.38 | 2.52 | 1.70 | 1.57 | 1.77 |
| Total Shareholders' Equity | 670.46M | 692.26M | 786.81M | 812.64M | 780.57M | 720.51M | 915.71M | 876.01M | 843.7M | 748.06M | 859.72M | 823.6M | 658.49M | 650.06M | 700.34M | 637.71M | 475.48M | 213.98M | 281.91M | 188.85M |
| Common Stock | 0 | 0 | 0 | 812.64M | 0 | 1.96M | 0 | 0 | 0 | 1.96M | 0 | 0 | 0 | 1.96M | 0 | 0 | 0 | 1.96M | 0 | 1.78M |
| Retained Earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | -14.36M | 0 | 0 | 0 | -11.93M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 614.52M | 0 | 0 | 0 | 580.79M | 0 | 0 | 0 | 110.83M | 0 | 0 | 0 | 317.12M | 0 | 247.27M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 113.74M | 0 | 0 | 0 | 121.83M | 0 | 0 | 0 | 106.75M | 0 | 0 | 0 | 106.05M | 0 | 110.62M |