GRAFTECH INTERNATIONAL LTD
For the period ended Sep 30, 2025. Filed Oct 24, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Oct 24, 2025
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Condensed Consolidated Balance Sheets (unaudited)
CONDENSED CONSOLIDATED BALANCE SHEETS
(Dollars in thousands, except per share data)
| September 30,2025 | December 31, 2024 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $177,635 | $256,248 |
| Accounts and notes receivable, net of allowance for doubtful accounts of$3,571 as of September 30, 2025 and $7,114 as of December 31, 2024 | 88,303 | 93,576 |
| Inventories | 243,293 | 231,241 |
| Prepaid expenses and other current assets | 60,551 | 55,732 |
| Total current assets | 569,782 | 636,797 |
| Property, plant and equipment | 968,866 | 910,247 |
| Less: accumulated depreciation | 487,390 | 427,548 |
| Net property, plant and equipment | 481,476 | 482,699 |
| Deferred income taxes | 13,717 | 53,139 |
| Other assets | 42,860 | 51,639 |
| Total assets | $1,107,835 | $1,224,274 |
| LIABILITIES AND STOCKHOLDERS’ DEFICIT | ||
| Current liabilities: | ||
| Accounts payable | $62,273 | $72,833 |
| Accrued income and other taxes | 10,583 | 9,642 |
| Other accrued liabilities | 43,224 | 53,362 |
| Interest payable | 18,886 | 2,070 |
| Tax Receivable Agreement | — | 2,022 |
| Total current liabilities | 134,966 | 139,929 |
| Long-term debt | 1,092,759 | 1,086,915 |
| Other long-term obligations | 47,472 | 48,559 |
| Deferred income taxes | 26,998 | 23,971 |
| Tax Receivable Agreement long-term | — | 3,802 |
| Stockholders’ deficit: | ||
| Preferred stock, par value $0.01, 30,000,000 shares authorized, none issued(1) | — | — |
| Common stock, par value $0.01, 300,000,000 shares authorized, 25,815,812 and 25,726,420 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively(1) | 2,582 | 2,572 |
| Additional paid-in capital | 758,192 | 755,338 |
| Accumulated other comprehensive loss | (7,302) | (43,359) |
| Accumulated deficit | (947,832) | (793,453) |
| Total stockholders’ deficit | (194,360) | (78,902) |
| Total liabilities and stockholders’ deficit | $1,107,835 | $1,224,274 |
(1)All share and per share data for all periods presented have been retroactively adjusted to reflect the 1-for-10 reverse stock split which became effective on August 29, 2025. See Note 1, “Organization and Summary of Significant Accounting Policies” for further information.
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