TENNANT CO
For the period ended Dec 31, 2024. Filed Feb 18, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 18, 2025
TNC$74.48+4.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(In millions, except shares and per share data)
| December 31 | 2024 | 2023 |
|---|---|---|
| ASSETS | ||
| Cash, cash equivalents, and restricted cash | $99.8 | $117.1 |
| Receivables, less allowances of $7.1 and $7.2, respectively | 259.1 | 247.6 |
| Inventories | 183.8 | 175.9 |
| Prepaid and other current assets | 33.9 | 28.5 |
| Total current assets | 576.6 | 569.1 |
| Property, plant and equipment, less accumulated depreciation of $310.9 and $304.0, respectively | 184.4 | 187.7 |
| Operating lease assets | 54.6 | 41.7 |
| Goodwill | 185.6 | 187.4 |
| Intangible assets, net | 58.7 | 63.1 |
| Other assets | 130.2 | 64.4 |
| Total assets | $1,190.1 | $1,113.4 |
| LIABILITIES AND TOTAL EQUITY | ||
| Current portion of long-term debt | $1.3 | $6.4 |
| Accounts payable | 126.9 | 111.4 |
| Employee compensation and benefits | 60.5 | 67.3 |
| Other current liabilities | 103.5 | 88.6 |
| Total current liabilities | 292.2 | 273.7 |
| Long-term debt | 198.2 | 194.2 |
| Long-term operating lease liabilities | 36.3 | 27.4 |
| Employee-related benefits | 13.5 | 13.3 |
| Deferred income taxes | 4.9 | 5.0 |
| Other liabilities | 22.9 | 21.5 |
| Total long-term liabilities | 275.8 | 261.4 |
| Total liabilities | 568.0 | 535.1 |
| Commitments and contingencies (Note 16) | ||
| Common stock, $0.375 par value per share, 60,000,000 shares authorized; 18,849,456 and 18,631,384 issued and outstanding, respectively | 7.1 | 7.0 |
| Additional paid-in capital | 76.7 | 64.9 |
| Retained earnings | 609.7 | 547.4 |
| Accumulated other comprehensive loss | (72.7) | (42.3) |
| Total Tennant Company shareholders' equity | 620.8 | 577.0 |
| Noncontrolling interest | 1.3 | 1.3 |
| Total equity | 622.1 | 578.3 |
| Total liabilities and total equity | $1,190.1 | $1,113.4 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.