Forum Energy Technologies
Balance Sheet

Last updated:

The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Forum Energy Technologies's balance sheet done over the years? Its assets were worth $821,061,000 last year, which is less than in the previous period. 50% of Forum Energy Technologies’s total assets is currently financed by debt. Its liabilities reached the amount of $408,428,000, which means an decrease by -22% compared compared to last year.

Debt to Assets

Forum Energy Technologies, Inc. (NYSE:FET): Debt to assets
2014 2217900000 821.9M 37.06%
2015 1918500000 661.1M 34.46%
2016 1838000000 602.2M 32.76%
2017 2199800000 788.5M 35.84%
2018 1829652000 799.52M 43.7%
2019 1160000000 674M 58.1%
2020 889900000 483.7M 54.35%
2021 791300000 462.2M 58.41%
2022 831300000 524.2M 63.06%
2023 821061000 408.42M 49.74%

FET Balance Sheet (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Assets
Current assets:
Cash and cash equivalents
46.16M51M46.9M128.6M57.9M47.24M115.2M234.4M109.2M76.6M
Short term investments
0000000000
Net receivables
161.91M154.2M123.9M80.6M154.2M216.07M212.49M105.3M150.60M301.69M
Inventory
299.63M269.8M241.7M251.7M414.6M479.02M443.2M338.6M424.1M461.51M
Other current assets
21.88M37.9M34.2M29.3M39.2M23.67M19.49M72.3M33.83M55.37M
Total current assets
529.60M512.9M446.7M490.2M665.9M766.01M797M750.6M718.4M891.4M
Non-current assets:
Property, Plant and Equipment
116.8M116.8M119.4M145.2M203.5M177.35M197.3M152.2M186.7M190M
Goodwill
019K-5K-44K0469.64M755.24M652.74M669.03M798.48M
Intangible assets
167.97M191.48M217.40M240.44M272.3M359.04M443.06M216.41M246.65M271.73M
Long term investments
00-203K-102K-654K44.98M-3.34M59.1M57.7M49.7M
Other non-current assets
6.31M9.91M7.8M14.1M18.3M11.36M7.2M6.04M39.22M-5.78M
Total non-current assets
291.45M318.4M344.6M399.7M494.1M1.06B1.40B1.08B1.20B1.32B
Total assets
821.06M831.3M791.3M889.9M1.16B1.82B2.19B1.83B1.91B2.21B
Liabilities
Current liabilities:
Accounts payable
Deferred revenue
14.77M14.70M16.98M9.68M10.78M11.54M10.7M12.34M15.91M26.70M
Short term debt
1.18M800K900K1.3M700K1.16M1.15M100K253K840K
Total current liabilities
204.33M210.5M175.7M124.9M196.9M236.93M216.3M141.8M150.4M282.2M
Non-current liabilities:
Long term debt
191.01M239.1M232.4M293.4M398.9M517.54M506.75M396.7M396.01M420.48M
Deferred tax
0000000000
Other non-current liabilities
12.13M73.69M54.1M65.4M78.2M29.75M31.92M63.7M29.95M17.31M
Total non-current liabilities
204.08M313.7M286.5M358.8M477.1M562.59M572.2M460.4M510.7M539.7M
Total liabilities
408.42M524.2M462.2M483.7M674M799.52M788.5M602.2M661.1M821.9M
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