Lindblad Expeditions Holdings, Inc. (LIND) 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 | 384.75M | 367.88M | 363.79M | 322.52M | 295.83M | 278.43M | 287.85M | 283.56M | 286.56M | 244.5M | 259.15M | 258.88M | 175.93M | 183.32M | 202.97M | 233.9M | 227.05M | 210.34M | 220.13M | 239.82M |
| Cash & Short-Term Investments | 321.08M | 256.69M | 261.78M | 200.93M | 188.85M | 183.94M | 193.88M | 168.12M | 177.72M | 156.84M | 168.01M | 142.95M | 83.98M | 100.77M | 116.45M | 126.9M | 154.82M | 150.75M | 155.56M | 160.08M |
| Cash Only | 321.08M | 256.69M | 261.78M | 200.93M | 188.85M | 183.94M | 193.88M | 168.12M | 177.72M | 156.84M | 168.01M | 142.95M | 83.98M | 87.18M | 116.45M | 126.9M | 154.82M | 150.75M | 155.56M | 160.08M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13.59M | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.44M | 9.62M | 9.04M | 11.1M | 11.93M | 11.75M | 12.23M | 10.07M | 10.55M | 8.02M | 8.46M |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | 8.98 | 8.98 | 11.8 | 14.38 | 14.48 | 12.59 | 16.23 | 16.02 | 16.68 | 16.62 | 38.68 |
| Other Current Assets | 27.13M | 111.19M | 67.58M | 79.09M | 76.07M | 65.91M | 65.31M | 80.7M | 76.99M | 56.1M | 57.94M | 73.56M | 80.84M | 50.02M | 29.52M | 48.83M | 30.05M | 38.7M | 29.47M | 43.47M |
| Total Non-Current Assets | 602.43M | 612.08M | 612.75M | 614M | 613M | 598.47M | 601.97M | 574.77M | 581.47M | 586.79M | 592.45M | 594.95M | 598.34M | 604.66M | 608.56M | 615.41M | 613.59M | 617.15M | 610.5M | 559.47M |
| Property, Plant & Equipment | 511.76M | 522.12M | 527.61M | 533.14M | 531.54M | 518.39M | 516.94M | 515.87M | 521.63M | 526M | 533.61M | 535.53M | 538.48M | 539.41M | 543.82M | 548.51M | 543.26M | 546.82M | 552M | 497.27M |
| Fixed Asset Turnover | - | 0.35x | 0.45x | 0.32x | 0.34x | 0.29x | 0.40x | 0.26x | 0.29x | 0.24x | 0.33x | 0.23x | 0.27x | 0.22x | 0.27x | 0.17x | 0.12x | 0.12x | 0.12x | 0.03x |
| Goodwill | 60.61M | 60.61M | 61.15M | 59.2M | 59.2M | 59.03M | 67.8M | 42.02M | 42.02M | 42.02M | 42.02M | 42.02M | 42.02M | 42.02M | 42.02M | 42.02M | 42.02M | 42.02M | 32.77M | 33.65M |
| Intangible Assets | 16.03M | 16.6M | 17.36M | 14.68M | 15.28M | 15.92M | 8.06M | 8.51M | 8.96M | 9.41M | 9.86M | 10.32M | 10.76M | 11.22M | 11.67M | 12.12M | 12.83M | 13.23M | 10.16M | 10.68M |
| 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 | 14.03M | 12.75M | 6.63M | 6.99M | 6.98M | 5.13M | 9.17M | 8.38M | 8.87M | 9.36M | 4.66M | 4.71M | 4.96M | 9.85M | 4.2M | 4.02M | 7.72M | 7.47M | 7.37M | 7.18M |
| Total Assets | 987.18M | 979.96M | 976.53M | 936.52M | 908.83M | 876.9M | 889.82M | 858.34M | 868.04M | 831.3M | 851.61M | 853.84M | 774.27M | 787.98M | 811.53M | 849.31M | 840.63M | 827.49M | 830.63M | 799.3M |
| Asset Turnover | - | 0.19x | 0.25x | 0.18x | 0.20x | 0.17x | 0.24x | 0.16x | 0.18x | 0.15x | 0.21x | 0.15x | 0.18x | 0.15x | 0.17x | 0.11x | 0.08x | 0.08x | 0.08x | 0.02x |
| Asset Growth % | 8.62% | 11.75% | 9.74% | 9.11% | 4.7% | 5.49% | 4.49% | 0.53% | 12.11% | 5.5% | 4.94% | 0.53% | -7.89% | -4.78% | -2.3% | 6.26% | 10.62% | 9.25% | 17.19% | 18.89% |
| Total Current Liabilities | 473.12M | 461.59M | 438.61M | 450.08M | 420.54M | 392.45M | 386.11M | 382.51M | 357.56M | 319.22M | 319.03M | 332.8M | 328.01M | 341.12M | 329.39M | 357.85M | 316.14M | 289.46M | 259.64M | 242.32M |
| Accounts Payable | 24.98M | 22.23M | 20.65M | 9.83M | 10.69M | 13.86M | 16.9M | 8.46M | 21.04M | 16.15M | 15.92M | 13.49M | 0 | 16.6M | 0 | 0 | 0 | 9.69M | 8.78M | 9.12M |
| Days Payables Outstanding | - | 12.54 | 10.07 | 10.21 | 11.9 | 17.42 | 11.16 | 14.55 | 20.04 | 19.14 | 14.15 | 15.81 | - | 20.31 | - | - | - | 16.59 | 18.05 | 37.18 |
| Short-Term Debt | 1.49M | 1.15M | 10K | 8K | 19K | 29K | 0 | 46K | 46K | 47K | 46K | 46K | 23.31M | 23.34M | 24.09M | 24.08M | 24.07M | 26.06M | 20.26M | 9.36M |
| Deferred Revenue (Current) | 399.16M | 361.48M | 0 | 381.69M | 354.86M | 318.67M | 314.23M | 319.65M | 290.79M | 252.2M | 250.57M | 272.93M | 249.63M | 245.1M | 247M | 270.99M | 242.16M | 212.6M | 206.32M | 203.47M |
| Other Current Liabilities | 47.5M | 76.73M | 362.28M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 53.39M | 0 | 56.77M | 61.22M | 48.34M | 0 | 8.31M | 8.7M |
| Current Ratio | 0.81x | 0.80x | 0.83x | 0.72x | 0.70x | 0.71x | 0.75x | 0.74x | 0.80x | 0.77x | 0.81x | 0.78x | 0.54x | 0.54x | 0.62x | 0.65x | 0.72x | 0.73x | 0.85x | 0.99x |
| Quick Ratio | 0.81x | 0.80x | 0.83x | 0.72x | 0.70x | 0.71x | 0.75x | 0.74x | 0.80x | 0.75x | 0.78x | 0.75x | 0.50x | 0.50x | 0.58x | 0.62x | 0.69x | 0.69x | 0.82x | 0.95x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 670.89M | 671.86M | 666.73M | 711.07M | 708.76M | 629.99M | 626.08M | 631.28M | 626.94M | 625.84M | 624.24M | 624.12M | 528.49M | 532.5M | 537.25M | 542.69M | 548.24M | 522.08M | 530.08M | 493.39M |
| Long-Term Debt | 663.22M | 662.67M | 663.44M | 627.27M | 626.35M | 625.42M | 624.5M | 623.59M | 622.68M | 621.78M | 620.89M | 620.38M | 524.33M | 529.45M | 534.68M | 539.87M | 545.1M | 518.66M | 526.86M | 489.88M |
| Capital Lease Obligations | 0 | 0 | 745K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.81M | 2.2M | 2.58M | 2.96M | 2.21M | 2.52M | 2.84M | 3.18M | 3.12M | 3.42M |
| Deferred Tax Liabilities | 227K | 2.22M | 0 | 2.39M | 2.13M | 3.54M | 0 | 6.31M | 2.59M | 2.12M | 1.45M | 1.45M | 1.49M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 7.45M | 6.97M | 2.54M | 81.4M | 80.28M | 1.02M | 1.57M | 1.39M | 1.67M | 1.94M | 89K | 89K | 89K | 88K | 359K | 302K | 300K | 247K | 95K | 90K |
| Total Liabilities | 1.14B | 1.13B | 1.11B | 1.16B | 1.13B | 1.02B | 1.01B | 1.01B | 984.49M | 945.06M | 943.27M | 956.91M | 856.5M | 873.62M | 866.64M | 900.54M | 864.38M | 811.55M | 789.71M | 735.71M |
| Total Debt | 664.7M | 663.83M | 665.02M | 628.4M | 627.87M | 627.3M | 626.05M | 625.22M | 624.48M | 623.75M | 624.46M | 624.32M | 551.9M | 557.41M | 562.5M | 568.03M | 573.58M | 549.45M | 551.66M | 504.06M |
| Net Debt | 343.62M | 407.13M | 403.24M | 427.48M | 439.01M | 443.36M | 432.17M | 457.1M | 446.76M | 466.9M | 456.44M | 481.37M | 467.92M | 470.24M | 446.05M | 441.12M | 418.76M | 398.7M | 396.1M | 343.98M |
| Debt / Equity | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 34.46x | 13.48x | 7.93x |
| Debt / EBITDA | 19.97x | 59.47x | 12.97x | 32.21x | 23.83x | 83.31x | 14.83x | 106.86x | 31.89x | - | 19.91x | 195.77x | 22.41x | - | 32.53x | - | - | - | - | - |
| Net Debt / EBITDA | 10.32x | 36.47x | 7.86x | 21.91x | 16.66x | 58.88x | 10.24x | 78.12x | 22.81x | - | 14.55x | 150.95x | 19.00x | - | 25.79x | - | - | - | - | - |
| Interest Coverage | 1.48x | -0.57x | 1.18x | 0.45x | 0.96x | -0.73x | 2.64x | -0.73x | 0.66x | -1.18x | 1.74x | -1.03x | 1.22x | -1.41x | 0.55x | -2.14x | -3.85x | -2.59x | -2.43x | -5.68x |
| Total Equity | -156.83M | -153.5M | -128.8M | -224.62M | -220.47M | -145.53M | -122.37M | -155.46M | -116.45M | -113.77M | -91.67M | -103.08M | -82.23M | -85.65M | -55.11M | -51.23M | -23.75M | 15.94M | 40.92M | 63.59M |
| Equity Growth % | 28.87% | -5.47% | -5.26% | -44.49% | -89.32% | -27.92% | -33.49% | -50.82% | -41.61% | -32.83% | -66.34% | -101.2% | -246.3% | -637.17% | -234.68% | -180.57% | -123.81% | -87.37% | -39.83% | -32.32% |
| Book Value per Share | -2.57 | -2.78 | -2.32 | -4.11 | -4.04 | -2.68 | -1.96 | -2.91 | -2.18 | -2.13 | -1.72 | -1.94 | -1.55 | -1.61 | -1.04 | -1.00 | -0.47 | 0.32 | 0.82 | 1.27 |
| Total Shareholders' Equity | -190.13M | -201.45M | -174.77M | -263.81M | -252.22M | -174.96M | -149.91M | -179.69M | -152.75M | -151.55M | -125.9M | -133.59M | -107.93M | -113.53M | -86.69M | -70.83M | -38.2M | 5.32M | 30.78M | 53.55M |
| Common Stock | 7K | 6K | 6K | 6K | 6K | 6K | 6K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K |
| Retained Earnings | -408.94M | -411.4M | -384.57M | -381.82M | -365.72M | -362.88M | -334.62M | -354.84M | -326.46M | -322.21M | -290.85M | -294.49M | -264.89M | -266.53M | -237.22M | -218.69M | -183.72M | -136.44M | -108.41M | -82.73M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 294K | 288K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -634K | -741K | -943K |
| Minority Interest | 33.3M | 47.95M | 45.97M | 39.19M | 31.76M | 29.42M | 27.54M | 24.23M | 36.3M | 37.78M | 34.23M | 30.51M | 25.7M | 27.89M | 31.58M | 19.59M | 14.46M | 10.63M | 10.13M | 10.04M |