Tecnoglass Inc
For the period ended Mar 31, 2025. Filed May 8, 2025.
View on SEC.govAbout this filing
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.
Mar 31, 2025 · Filed May 8, 2025
TGLS$47.09+7.2%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
Condensed Consolidated Balance Sheets
(In thousands, except share and per share data)
| March 31, 2025 · December 31, 2024 | ||||
|---|---|---|---|---|
| ASSETS | ||||
| Current assets: | ||||
| Cash and cash equivalents | $157,302 | $134,882 | ||
| Investments | 2,856 | 2,645 | ||
| Trade accounts receivable, net | 224,638 | 202,915 | ||
| Due from related parties | 2,858 | 2,674 | ||
| Inventories | 155,817 | 139,642 | ||
| Contract assets – current portion | 25,952 | 22,920 | ||
| Other current assets | 67,338 | 54,332 | ||
| Total current assets | $636,761 | $560,010 | ||
| Long-term assets: | ||||
| Property, plant and equipment, net | $387,923 | $344,433 | ||
| Long-term account receivables | 1,550 | - | ||
| Deferred income taxes | 433 | 285 | ||
| Contract assets – non-current | 12,931 | 15,208 | ||
| Intangible assets | 4,864 | 4,389 | ||
| Goodwill | 23,561 | 23,561 | ||
| Long-term investments | 64,608 | 63,264 | ||
| Other long-term assets | 5,658 | 5,498 | ||
| Total long-term assets | 501,528 | 456,638 | ||
| Total assets | $1,138,289 | $1,016,648 | ||
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||||
| Current liabilities: | ||||
| Short-term debt and current portion of long-term debt | $627 | $1,087 | ||
| Trade accounts payable and accrued expenses | 123,279 | 98,843 | ||
| Due to related parties | 9,872 | 9,864 | ||
| Dividends payable | 7,071 | 7,074 | ||
| Contract liability – current portion | 120,296 | 97,979 | ||
| Other current liabilities | 67,934 | 50,979 | ||
| Total current liabilities | $329,079 | $265,826 | ||
| Long-term liabilities: | ||||
| Deferred income taxes | $15,017 | $11,419 | ||
| Contract liability – non-current | 647 | - | ||
| Long-term debt | 108,409 | 108,220 | ||
| Total long-term liabilities | 124,073 | 119,639 | ||
| Total liabilities | $453,152 | $385,465 | ||
| SHAREHOLDERS’ EQUITY | ||||
| Preferred shares, $0.0001 par value, 1,000,000 shares authorized, 0 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively | $ | - | $ | - |
| Ordinary shares, $0.0001 par value, 100,000,000 shares authorized, 46,989,948 and 46,991,558 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively | 5 | 5 | ||
| Legal Reserves | 1,458 | 1,458 | ||
| Additional paid-in capital | 191,970 | 192,094 | ||
| Retained earnings | 573,926 | 538,787 | ||
| Accumulated other comprehensive loss | (82,222) | (101,161) | ||
| Total shareholders’ equity | 685,137 | 631,183 | ||
| Total liabilities and shareholders’ equity | $1,138,289 | $1,016,648 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.