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TelegramAnnual report 2025
added 03-25-2026
TPI Composites Balance Sheet 2011-2026 | TPIC
Annual Balance Sheet TPI Composites
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
535 M | 276 M | -110 M | -186 M | -23.8 M | 71.1 M | 52.3 M | -26.7 M | 4.09 M | 87.6 M | 83.4 M | 10.6 M | 21.7 M | - | |
Long Term Debt |
- | 485 M | 415 M | 1.2 M | 8.21 M | 32.6 M | 128 M | 111 M | 85.9 M | 89.8 M | 81.5 M | 62.7 M | 20.8 M | 4.2 M | - |
Long Term Debt Current |
18.1 M | 18.2 M | 22 M | 22.2 M | 22.3 M | 26.1 M | 16.6 M | - | - | - | - | - | - | - | - |
Total Non Current Liabilities |
- | - | - | - | - | - | 248 M | 114 M | 90.3 M | 94.1 M | 284 M | 255 M | 28.5 M | 9.7 M | - |
Total Current Liabilities |
640 M | 474 M | 386 M | 457 M | 469 M | 406 M | 374 M | 270 M | 323 M | 237 M | - | - | - | - | - |
Total Liabilities |
1.02 B | 1.07 B | 926 M | 602 M | 635 M | 755 M | 622 M | 384 M | 413 M | 331 M | 525 M | 465 M | 133 M | 76.7 M | - |
Deferred Revenue |
- | 30.4 M | 24 M | 17.1 M | 1.27 M | - | 3.01 M | 7.14 M | 91.2 M | 71 M | 74.4 M | 72.7 M | - | - | - |
Retained Earnings |
-1.12 B | -777 M | -536 M | -335 M | -269 M | - | -90.7 M | -75 M | -140 M | -183 M | -191 M | -189 M | -176 M | -150 M | - |
Total Assets |
342 M | 692 M | 804 M | 962 M | 1.01 B | 956 M | 827 M | 605 M | 574 M | 437 M | 334 M | 278 M | 128 M | 82.4 M | - |
Cash and Cash Equivalents |
13.9 M | 143 M | 120 M | 134 M | 216 M | 82.5 M | 70.3 M | 85.3 M | 148 M | 119 M | 45.9 M | 43.6 M | - | - | - |
Book Value |
-679 M | -373 M | -122 M | 360 M | 373 M | 201 M | 205 M | 221 M | 161 M | 107 M | -191 M | -187 M | -5.1 M | 5.7 M | - |
Total Shareholders Equity |
-679 M | -373 M | -122 M | 50.5 M | 122 M | 201 M | 205 M | 221 M | 221 M | 171 M | -191 M | -187 M | - | - | - |
All numbers in USD currency
Quarterly Balance Sheet TPI Composites
| 2025-Q3 | 2025-Q2 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long Term Debt |
- | - | 485 M | 466 M | 448 M | 431 M | 415 M | 192 M | 191 M | 190 M | 61.2 M | 1.23 M | - | 5.57 M | 8.21 M | 10.6 M | 180 M | 181 M | 218 M | 184 M | 184 M | 184 M | 142 M | 128 M | 128 M | 128 M | 139 M | 111 M | 111 M | 111 M | 124 M | 85.9 M | 85.9 M | 85.9 M | 125 M | 89.8 M | 89.8 M | 89.8 M | 77.3 M | 77.3 M | 77.3 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Liabilities |
964 M | 1.08 B | 1.07 B | 1.07 B | 990 M | 930 M | 926 M | 647 M | 683 M | 671 M | 602 M | 561 M | - | 590 M | 635 M | 832 M | 780 M | 759 M | 755 M | 755 M | 755 M | 755 M | 622 M | 622 M | 622 M | 622 M | 384 M | 384 M | 384 M | 384 M | 325 M | 327 M | 327 M | 327 M | 331 M | 331 M | 331 M | 331 M | 322 M | 322 M | 322 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Deferred Revenue |
- | 25.1 M | 30.4 M | 2.77 M | 4.41 M | 10.2 M | 24 M | 1.79 M | - | - | 17.1 M | - | - | 1.27 M | 1.27 M | - | 2.26 M | 2.13 M | 614 K | 614 K | 614 K | 614 K | 3.01 M | 3.01 M | 3.01 M | 3.01 M | 7.14 M | 7.14 M | 7.14 M | 7.14 M | 81 M | 87.3 M | 74.3 M | 89.3 M | 69.6 M | 69.6 M | 69.6 M | 69.6 M | 65.5 M | 65.5 M | 65.5 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Retained Earnings |
-1.02 B | -894 M | -777 M | -729 M | -689 M | -598 M | -536 M | -479 M | -422 M | -357 M | -335 M | -292 M | - | -285 M | -269 M | -182 M | -151 M | -112 M | -110 M | -110 M | -110 M | -110 M | -90.7 M | -90.7 M | -90.7 M | -90.7 M | -75 M | -75 M | -75 M | -75 M | -80.3 M | -70.9 M | -70.9 M | -70.9 M | -183 M | -183 M | -183 M | -183 M | -191 M | -191 M | -191 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Assets |
381 M | 592 M | 692 M | 753 M | 715 M | 746 M | 804 M | 855 M | 945 M | 993 M | 962 M | 950 M | - | 996 M | 1.01 B | 963 M | 941 M | 954 M | 956 M | 956 M | 956 M | 956 M | 827 M | 827 M | 827 M | 827 M | 605 M | 605 M | 605 M | 605 M | 546 M | 557 M | 557 M | 557 M | 437 M | 437 M | 437 M | 437 M | 330 M | 330 M | 330 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cash and Cash Equivalents |
29.5 M | 106 M | 143 M | 80.9 M | 102 M | 117 M | 161 M | 161 M | 170 M | 164 M | 134 M | 86.8 M | 143 M | 120 M | 242 M | 119 M | 123 M | 136 M | 130 M | 130 M | 130 M | 130 M | 70.3 M | 70.3 M | 70.3 M | 70.3 M | 85.3 M | 85.3 M | 85.3 M | 85.3 M | 148 M | 148 M | 148 M | 148 M | 119 M | 119 M | 119 M | 119 M | 45.9 M | 45.9 M | 45.9 M | - | 43.6 M | - | - | - | 11.8 M | - | - | - | - | - | - | - | - | - | - | - |
Book Value |
-583 M | -485 M | -373 M | -322 M | -274 M | -184 M | -122 M | 209 M | 262 M | 322 M | 360 M | 389 M | - | 406 M | 373 M | 131 M | 161 M | 195 M | 201 M | 201 M | 201 M | 201 M | 205 M | 205 M | 205 M | 205 M | 221 M | 221 M | 221 M | 221 M | 221 M | 230 M | 230 M | 230 M | 107 M | 107 M | 107 M | 107 M | 7.63 M | 7.63 M | 7.63 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Shareholders Equity |
-583 M | -485 M | -373 M | -322 M | -274 M | -184 M | -122 M | -148 M | -79.1 M | -3.22 M | 50.5 M | 94.3 M | 116 M | 141 M | 122 M | 131 M | 161 M | 195 M | 201 M | 201 M | 201 M | 201 M | 205 M | 205 M | 205 M | 205 M | 221 M | 221 M | 221 M | 221 M | 221 M | 230 M | 230 M | 230 M | 171 M | 107 M | 107 M | 107 M | -140 M | -191 M | -191 M | - | -187 M | - | - | - | -173 M | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
Balance Sheet is a fundamental financial report of TPI Composites, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.
For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.
Features of balance sheet analysis- Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods. - Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability. - Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.
Balance sheet of other industry stocks – Industrial machinery
| Issuer | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|
 |
Raven Industries, Inc.
RAVN
|
- | - | $ 2.09 B |  USA |
 |
Arconic Corporation
ARNC
|
- | - | $ 3.11 B | USA |
 |
Cummins
CMI
|
$ 591.46 | 6.21 % | $ 81.6 B | USA |
 |
Crane Co.
CR
|
$ 185.03 | 5.55 % | $ 10.6 B | USA |
 |
Regal Beloit Corporation
RBC
|
- | 1.48 % | $ 6.62 B | USA |
 |
Lydall, Inc.
LDL
|
- | 0.02 % | $ 1.12 B | USA |
 |
Emerson Electric Co.
EMR
|
$ 143.72 | 6.7 % | $ 81.1 B | USA |
 |
Enerpac Tool Group Corp.
EPAC
|
$ 36.36 | 3.32 % | $ 1.97 B | USA |
 |
Donaldson Company
DCI
|
$ 89.2 | 4.35 % | $ 10.6 B | USA |
 |
Graham Corporation
GHM
|
$ 89.41 | 7.26 % | $ 973 M | USA |
 |
Altra Industrial Motion Corp.
AIMC
|
- | -0.02 % | $ 4.05 B | USA |
 |
Harsco Corporation
HSC
|
- | 2.35 % | $ 730 M | USA |
 |
The Gorman-Rupp Company
GRC
|
$ 67.1 | 5.12 % | $ 1.76 B | USA |
 |
Helios Technologies
HLIO
|
$ 69.96 | 6.43 % | $ 2.32 B | USA |
 |
Honeywell International
HON
|
$ 231.12 | 3.25 % | $ 148 B | USA |
 |
Howmet Aerospace
HWM
|
$ 251.13 | 6.4 % | $ 101 B | USA |
 |
IDEX Corporation
IEX
|
$ 197.76 | 3.1 % | $ 14.9 B | USA |
 |
Ingersoll Rand
IR
|
$ 83.9 | 5.44 % | $ 33.4 B | USA |
 |
CVD Equipment Corporation
CVV
|
$ 3.94 | 0.51 % | $ 27.1 M | USA |
 |
Kadant
KAI
|
$ 312.64 | 6.26 % | $ 3.68 B | USA |
 |
Colfax Corporation
CFX
|
- | 11.83 % | $ 6.3 B | USA |
 |
Barnes Group
B
|
$ 42.74 | 3.21 % | $ 2.18 B | USA |
 |
Capstone Turbine Corporation
CPST
|
- | 0.40 % | $ 87.6 M | USA |
 |
Gates Industrial Corporation plc
GTES
|
$ 24.48 | 8.66 % | $ 6.21 B | USA |
 |
SPX FLOW, Inc.
FLOW
|
- | - | $ 3.64 B | USA |
 |
Luxfer Holdings PLC
LXFR
|
$ 12.95 | 6.28 % | $ 346 M |  Britain |
 |
Rexnord Corporation
RXN
|
- | 0.90 % | $ 15.5 B | USA |
 |
Arcosa
ACA
|
$ 112.01 | 5.38 % | $ 5.44 B | USA |
 |
3M Company
MMM
|
$ 148.34 | 2.76 % | $ 79.7 B | USA |
 |
The ExOne Company
XONE
|
- | - | $ 593 M | USA |
 |
Nordson Corporation
NDSN
|
$ 274.8 | 3.51 % | $ 15.7 B | USA |
 |
Flowserve Corporation
FLS
|
$ 82.59 | 6.68 % | $ 10.7 B | USA |
 |
Otis Worldwide Corporation
OTIS
|
$ 79.47 | 2.15 % | $ 31.2 B | USA |
 |
American Superconductor Corporation
AMSC
|
$ 33.46 | 6.09 % | $ 1.24 B | USA |
 |
Broadwind
BWEN
|
$ 2.08 | 1.46 % | $ 47.6 M | USA |
 |
ITT
ITT
|
$ 207.62 | 5.8 % | $ 16.5 B | USA |
 |
Pentair plc
PNR
|
$ 90.31 | 3.68 % | $ 14.8 B |  Schweiz |
 |
Dover Corporation
DOV
|
$ 215.2 | 3.71 % | $ 29.5 B | USA |
 |
Parsons Corporation
PSN
|
$ 58.31 | 3.66 % | $ 6.23 B | USA |
 |
Ballard Power Systems
BLDP
|
$ 2.56 | 6.67 % | $ 1.23 B |  Canada |
 |
Kornit Digital Ltd.
KRNT
|
$ 15.85 | 5.04 % | $ 1.12 B |  Israel |
 |
Rockwell Automation
ROK
|
$ 387.36 | 4.88 % | $ 43.7 B | USA |
 |
A. O. Smith Corporation
AOS
|
$ 66.3 | 3.28 % | $ 9.35 B | USA |
 |
Hurco Companies
HURC
|
$ 15.73 | 4.38 % | $ 102 M | USA |
 |
CIRCOR International
CIR
|
- | - | $ 1.14 B | USA |
 |
The Middleby Corporation
MIDD
|
$ 142.39 | 5.29 % | $ 7.1 B | USA |
 |
CSW Industrials
CSWI
|
- | 0.14 % | $ 4.96 B | USA |
 |
Curtiss-Wright Corporation
CW
|
$ 728.37 | 3.95 % | $ 27.3 B | USA |
 |
Eaton Corporation
ETN
|
$ 383.6 | 3.97 % | $ 150 B |  Irlanda |
 |
General Electric Company
GE
|
$ 310.05 | 7.48 % | $ 329 B | USA |