McGrath RentCorp (MGRC) 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 | 235.6M | 240.19M | 262.02M | 247.57M | 229.39M | 234.45M | 250.87M | 254.99M | 213.86M | 228.25M | 226.22M | 193.88M | 177.7M | 170.89M | 191.52M | 168.2M | 153.17M | 160.99M | 171.21M | 143.32M |
| Cash & Short-Term Investments | 2.36M | 295K | 7.26M | 1.47M | 3.39M | 807K | 4.06M | 9.4M | 1.91M | 877K | 1.95M | 2.21M | 690K | 957K | 1.56M | 874K | 1.6M | 1.49M | 2.38M | 2.41M |
| Cash Only | 2.36M | 295K | 7.26M | 1.47M | 3.39M | 807K | 4.06M | 9.4M | 1.91M | 877K | 1.95M | 2.21M | 690K | 957K | 1.56M | 874K | 1.6M | 1.49M | 2.38M | 2.41M |
| 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 | 222.1M | 231.87M | 241.35M | 233.8M | 208.88M | 219.34M | 224.53M | 217.38M | 211.95M | 227.37M | 224.27M | 191.68M | 177.01M | 169.94M | 189.96M | 167.33M | 151.56M | 159.5M | 168.83M | 140.91M |
| Days Sales Outstanding | 102.89 | 84.78 | 85.23 | 85.49 | 98.61 | 83.77 | 76.2 | 91.88 | 106.42 | 93.76 | 78.57 | 82.62 | 95.36 | 90.51 | 94.27 | 94.61 | 111.94 | 85.86 | 82.22 | 81.76 |
| Inventory | 11.14M | 8.03M | 13.42M | 12.3M | 17.11M | 14.3M | 22.29M | 28.21M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 8.08 | 7.4 | 8.31 | 10.31 | 13.61 | 13.05 | 16.27 | 22.53 | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 2.14B | 926.26M | 2.09B | 2.08B | 2.01B | 2.07B | 2.03B | 2.06B | 2.05B | 2.04B | 1.91B | 1.92B | 1.88B | 1.54B | 1.49B | 1.48B | 1.45B | 1.45B | 1.44B | 1.45B |
| Property, Plant & Equipment | 1.68B | 233.49M | 1.62B | 1.61B | 1.57B | 1.6B | 1.59B | 1.6B | 1.56B | 1.51B | 1.44B | 1.44B | 1.41B | 1.14B | 1.24B | 1.23B | 1.22B | 1.21B | 1.2B | 1.21B |
| Fixed Asset Turnover | 0.21x | 0.28x | 0.16x | 0.15x | 0.12x | 0.15x | 0.17x | 0.13x | 0.12x | 0.15x | 0.17x | 0.14x | 0.13x | 0.15x | 0.14x | 0.12x | 0.10x | 0.15x | 0.14x | 0.13x |
| Goodwill | 332.58M | 332.58M | 332.37M | 332.37M | 323.22M | 323.22M | 323.22M | 323.22M | 323.22M | 323.22M | 323.77M | 325.35M | 323.8M | 106.4M | 132.31M | 132.31M | 132.31M | 132.39M | 132.39M | 132.39M |
| Intangible Assets | 43.96M | 46.6M | 49.26M | 51.92M | 51.77M | 54.33M | 56.89M | 59.45M | 62.02M | 64.59M | 67.48M | 65.61M | 68.06M | 35.43M | 42.61M | 44.09M | 45.57M | 47.05M | 48.72M | 51.17M |
| 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 | 90.27M | 0 | 82.36M | 85.75M | 69.5M | 67.88M | 67.38M | 81.55M | 106.61M | 87.99M | 80.85M | 81.97M | 80.49M | 235.06M | 72.26M | 65.8M | 50.73M | 43.95M | 59.52M | 57.5M |
| Total Assets | 2.38B | 2.36B | 2.35B | 2.33B | 2.24B | 2.31B | 2.29B | 2.32B | 2.26B | 2.27B | 2.14B | 2.11B | 2.06B | 1.71B | 1.68B | 1.65B | 1.6B | 1.61B | 1.61B | 1.6B |
| Asset Turnover | 0.08x | 0.11x | 0.11x | 0.10x | 0.09x | 0.11x | 0.12x | 0.09x | 0.08x | 0.10x | 0.11x | 0.10x | 0.09x | 0.11x | 0.10x | 0.09x | 0.08x | 0.11x | 0.11x | 0.10x |
| Asset Growth % | 6.06% | 2.17% | 2.85% | 0.37% | -0.93% | 1.69% | 6.97% | 9.92% | 9.79% | 32.83% | 27.36% | 28.18% | 28.59% | 6.06% | 4.18% | 3.09% | 26% | 25.04% | 24.32% | 21.62% |
| Total Current Liabilities | 280.47M | 176.83M | 169.05M | 173.04M | 147.49M | 174.04M | 185.61M | 182.06M | 152.89M | 167.52M | 223.01M | 219.61M | 219.26M | 151.21M | 154.94M | 137.73M | 138.69M | 136.31M | 137.31M | 144.9M |
| Accounts Payable | 54.8M | 66.23M | 55.13M | 54.86M | 43.02M | 60.08M | 76.24M | 73.13M | 57.16M | 152.75M | 223.01M | 219.61M | 219.26M | 139.61M | 154.94M | 137.73M | 138.69M | 125.32M | 137.31M | 144.9M |
| Days Payables Outstanding | 51.01 | 41.85 | 35.56 | 34.31 | 44.67 | 48.62 | 48.12 | 52.01 | 96.11 | 155.07 | 154.28 | 184.18 | 187.02 | 132.46 | 127.92 | 133.66 | 158.96 | 129.01 | 133.16 | 145.39 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 12.62M | 0 | 0 | 0 | 14.77M | 0 | 0 | 0 | 11.6M | 0 | 0 | 0 | 11M | 0 | 0 |
| Deferred Revenue (Current) | 115.53M | 110.59M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 113.92M | 118.18M | 104.46M | 101.34M | 109.37M | 108.93M | 95.72M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 0.84x | 1.36x | 1.55x | 1.43x | 1.56x | 1.35x | 1.35x | 1.40x | 1.40x | 1.36x | 1.01x | 0.88x | 0.81x | 1.13x | 1.24x | 1.22x | 1.10x | 1.18x | 1.25x | 0.99x |
| Quick Ratio | 0.80x | 1.31x | 1.47x | 1.36x | 1.44x | 1.26x | 1.23x | 1.25x | 1.40x | 1.36x | 1.01x | 0.88x | 0.81x | 1.13x | 1.24x | 1.22x | 1.10x | 1.18x | 1.25x | 0.99x |
| Cash Conversion Cycle | 59.96 | 50.33 | 57.99 | 61.49 | 67.55 | 48.2 | 44.35 | 62.39 | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 860.94M | 943.27M | 985.61M | 990.81M | 958.39M | 1.01B | 1.01B | 1.18B | 1.17B | 1.17B | 1B | 1.01B | 982.8M | 752.69M | 749.71M | 755.62M | 726.66M | 741.93M | 760.59M | 753M |
| Long-Term Debt | 546M | 514.92M | 551.8M | 572.52M | 559.34M | 590.21M | 608.56M | 794.27M | 798.56M | 762.98M | 667.64M | 672.63M | 658.78M | 413.74M | 419.46M | 441.46M | 423.97M | 426.45M | 459.48M | 472.7M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 314.94M | 313.58M | 303.05M | 292.89M | 282.14M | 309.55M | 273.48M | 253.15M | 246.26M | 292.84M | 229.12M | 229.75M | 223.74M | 203.36M | 238.13M | 236.61M | 238.75M | 256.76M | 231.48M | 223.34M |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 53.17M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 1.14B | 1.12B | 1.15B | 1.16B | 1.11B | 1.18B | 1.19B | 1.36B | 1.32B | 1.33B | 1.23B | 1.23B | 1.2B | 903.9M | 904.65M | 893.35M | 865.35M | 878.24M | 897.9M | 897.91M |
| Total Debt | 546M | 514.92M | 551.8M | 572.52M | 559.34M | 602.83M | 608.56M | 794.27M | 798.56M | 777.75M | 667.64M | 672.63M | 658.78M | 425.34M | 419.46M | 441.46M | 423.97M | 437.45M | 459.48M | 472.7M |
| Net Debt | 543.64M | 514.63M | 544.54M | 571.06M | 555.95M | 602.02M | 604.51M | 784.88M | 796.65M | 776.87M | 665.69M | 670.43M | 658.09M | 424.38M | 417.9M | 440.59M | 422.37M | 435.96M | 457.1M | 470.28M |
| Debt / Equity | 0.44x | 0.42x | 0.46x | 0.49x | 0.49x | 0.54x | 0.56x | 0.83x | 0.85x | 0.83x | 0.73x | 0.76x | 0.77x | 0.53x | 0.54x | 0.59x | 0.57x | 0.60x | 0.64x | 0.68x |
| Debt / EBITDA | 7.65x | 5.06x | 5.88x | 6.86x | 7.77x | 6.72x | 6.00x | 9.76x | 11.41x | 9.35x | 7.14x | 8.97x | 13.88x | 5.26x | 6.17x | 7.25x | 8.00x | 6.19x | 7.14x | 8.34x |
| Net Debt / EBITDA | 7.62x | 5.06x | 5.81x | 6.84x | 7.73x | 6.71x | 5.96x | 9.65x | 11.38x | 9.34x | 7.12x | 8.94x | 13.87x | 5.25x | 6.15x | 7.23x | 7.97x | 6.17x | 7.10x | 8.29x |
| Interest Coverage | 6.69x | 11.46x | 8.17x | 7.33x | 5.59x | 6.87x | 17.04x | 3.23x | 3.35x | 4.60x | 6.04x | 4.78x | 2.69x | 9.45x | 11.82x | 13.59x | 11.18x | 13.23x | 11.33x | 13.12x |
| Total Equity | 1.24B | 1.24B | 1.2B | 1.16B | 1.14B | 1.12B | 1.09B | 954.23M | 943.02M | 933.8M | 911.37M | 880.57M | 859.54M | 803.95M | 773.07M | 752.03M | 737.89M | 732.02M | 712.46M | 698.12M |
| Equity Growth % | 8.83% | 10.12% | 9.34% | 21.89% | 20.51% | 20.3% | 20.05% | 8.37% | 9.71% | 16.15% | 17.89% | 17.09% | 16.49% | 9.83% | 8.51% | 7.72% | 7.3% | 7.24% | 7.68% | 8.43% |
| Book Value per Share | 50.14 | 50.19 | 48.54 | 47.25 | 46.15 | 45.69 | 44.53 | 38.85 | 38.39 | 38.06 | 37.16 | 35.92 | 35.02 | 32.78 | 31.55 | 30.68 | 30.08 | 29.83 | 29.07 | 28.50 |
| Total Shareholders' Equity | 1.24B | 1.24B | 1.2B | 1.16B | 1.14B | 1.12B | 1.09B | 954.23M | 943.02M | 933.8M | 911.37M | 880.57M | 859.54M | 803.95M | 773.07M | 752.03M | 737.89M | 732.02M | 712.46M | 698.12M |
| Common Stock | 118.11M | 121.78M | 118.65M | 115.89M | 113.18M | 116.25M | 113.99M | 111.6M | 109.25M | 111.12M | 109.25M | 107.36M | 105.49M | 110.08M | 107.46M | 105.89M | 106.77M | 108.61M | 106.74M | 105.06M |
| Retained Earnings | 1.12B | 1.12B | 1.08B | 1.05B | 1.02B | 1.01B | 980.24M | 842.67M | 833.82M | 822.8M | 802.16M | 773.26M | 754.15M | 693.94M | 665.53M | 646.13M | 631.17M | 623.47M | 605.75M | 593.13M |
| 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 | 0 | 0 | -173K | -38K | -49K | -116K | -42K | -53K | -96K | -78K | 75K | 10K | -51K | -54K | -42K | -69K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |