Mistras Group Inc
For the period ended Sep 30, 2024. Filed Nov 4, 2024.
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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, 2024 · Filed Nov 4, 2024
MG$20.17-0.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Balance Sheets as of and
Unaudited Condensed Consolidated Balance Sheets
(in thousands, except share and per share data)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current Assets | ||
| Cash and cash equivalents | $20,360 | $17,646 |
| Accounts receivable, net | 144,104 | 132,847 |
| Inventories | 14,510 | 15,283 |
| Prepaid expenses and other current assets | 14,353 | 14,580 |
| Total current assets | 193,327 | 180,356 |
| Property, plant and equipment, net | 79,852 | 80,972 |
| Intangible assets, net | 41,504 | 43,994 |
| Goodwill | 185,872 | 187,354 |
| Deferred income taxes | 5,641 | 2,316 |
| Other assets | 45,485 | 39,784 |
| Total assets | $551,681 | $534,776 |
| LIABILITIES AND EQUITY | ||
| Current Liabilities | ||
| Accounts payable | $13,272 | $17,032 |
| Accrued expenses and other current liabilities | 85,623 | 84,331 |
| Current portion of long-term debt | 10,711 | 8,900 |
| Current portion of finance lease obligations | 4,594 | 5,159 |
| Income taxes payable | 964 | 1,101 |
| Total current liabilities | 115,164 | 116,523 |
| Long-term debt, net of current portion | 178,989 | 181,499 |
| Obligations under finance leases, net of current portion | 11,154 | 11,261 |
| Deferred income taxes | 3,781 | 2,552 |
| Other long-term liabilities | 37,050 | 32,438 |
| Total liabilities | 346,138 | 344,273 |
| Commitments and contingencies (Note 14) | ||
| Equity | ||
| Preferred stock, 10,000,000 shares authorized | — | — |
| Common stock, $0.01 par value, 200,000,000 shares authorized, 31,006,864 and 30,597,633 shares issued and outstanding | 385 | 305 |
| Additional paid-in capital | 250,016 | 247,165 |
| Accumulated deficit | (15,177) | (28,942) |
| Accumulated other comprehensive loss | (30,020) | (28,336) |
| Total Mistras Group, Inc. stockholders’ equity | 205,204 | 190,192 |
| Non-controlling interests | 339 | 311 |
| Total equity | 205,543 | 190,503 |
| Total liabilities and equity | $551,681 | $534,776 |
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