Name: FTC Solar, Inc. (FTCI) Balance Sheet
Creator: FinSpry

FTC Solar Balance Sheet Analysis

Assets, liabilities, and stockholders equity in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for FTC Solar, Inc. (FTCI) - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Current Assets
Cash and Cash Equivalents	11.25	25.24	44.39	102.19	32.36
Cash & Short-Term Investments	11.25	25.24	44.39	102.19	32.36
Accounts Receivable	39.71	65.28	49.05	38.60	23.73
Inventory	10.14	3.91	14.95	8.86	1.69
Other Current Assets	15.03	5.54	3.71	1.52	1.04
Total Current Assets	76.13	108.51	118.69	235.78	65.72
Non-Current Assets
Property, Plant & Equipment (Net)	3.37	3.64	2.86	3.32	0.88
Long-Term Investments	0.95	0.24	0.00	0.00	1.86
Goodwill	7.14	7.35	7.54	0.00	0.00
Intangible Assets	0.00	0.54	1.11	0.00	0.00
Other Non-Current Assets	2.34	2.79	4.20	3.93	2.94
Total Non-Current Assets	13.80	14.56	15.71	7.24	0.00
Total Assets	89.93	123.07	134.40	243.02	71.39
Current Liabilities
Accounts Payable	13.00	42.92	15.80	39.26	17.13
Short-Term Debt	0.76	0.00	0.00	0.00	0.00
Accrued Liabilities	16.45	30.99	11.16	46.88	6.59
Deferred Revenue	5.31	3.61	11.32	1.42	22.98
Other Current Liabilities	29.69	8.14	21.20	4.66	11.81
Total Current Liabilities	49.07	54.67	60.34	93.25	59.81
Non-Current Liabilities
Long-Term Debt	9.88	1.12	0.79	1.34	0.78
Other Non-Current Liabilities	11.94	4.81	6.82	5.57	2.99
Total Non-Current Liabilities	21.82	5.93	7.61	6.91	0.00
Total Liabilities	70.89	60.60	67.95	100.15	63.94
Stockholders' Equity
Common Stock	0.00	0.00	0.01	0.01	0.00
Retained Earnings	-347.74	-299.43	-248.85	-149.23	-42.64
Accumulated Other Comprehensive Income	-0.54	-0.29	-0.06	0.01	0.00
Additional Paid-in Capital	367.32	361.89	315.35	292.08	0.00
Shares Outstanding	12.85	12.54	10.50	9.26	0.00
Total Stockholders' Equity	19.04	62.47	66.45	142.87	7.45
Total Liabilities & Equity	89.93	123.07	134.40	243.02	0.00