Calumet, Inc. /DE
For the period ended Sep 30, 2025. Filed Nov 10, 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 Nov 10, 2025
CLMT$34.91-3.2%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
| | | | | | | | |
|---|---|---|---|---|---|---|---|
| · September 30, 2025 · · December 31, 2024 | |||||||
| · · | |||||||
| · · (In millions, except share data) · | |||||||
| ASSETS | | | | | | | |
| Current assets: | | | | | | | |
| Cash and cash equivalents | | $94.6 | | $38.1 | | ||
| Restricted cash | | 80.0 | | 7.8 | | ||
| Accounts receivable, net: | | | | | | | |
| Trade, less allowance for credit losses of $1.2 and $1.1, respectively | | 263.9 | | 241.7 | | ||
| Other | | 14.8 | | 36.4 | | ||
| | | 278.7 | | 278.1 | | ||
| Inventories | | 400.1 | | 416.3 | | ||
| Prepaid expenses and other current assets | | 26.7 | | 25.7 | | ||
| Total current assets | | 880.1 | | 766.0 | | ||
| Property, plant and equipment, net | | 1,362.0 | | 1,438.8 | | ||
| Other noncurrent assets, net | | 491.8 | | 553.4 | | ||
| Total assets | | $2,733.9 | | $2,758.2 | | ||
| LIABILITIES AND STOCKHOLDERS' EQUITY | |||||||
| Current liabilities: | | | | ||||
| Accounts payable | | $298.7 | | $320.8 | | ||
| Accrued interest payable | | 28.9 | | 45.4 | | ||
| Accrued salaries, wages and benefits | | 66.1 | | 94.7 | | ||
| Obligations under inventory financing agreements | | — | | 32.0 | | ||
| Current portion of RINs obligation | | 133.0 | | 245.4 | | ||
| Other current liabilities | | 94.4 | | 89.8 | | ||
| Current portion of long-term debt | | 155.2 | | 35.5 | | ||
| Total current liabilities | | 776.3 | | 863.6 | | ||
| Other long-term liabilities | | 259.9 | | 296.2 | | ||
| Long-term debt, less current portion | | 2,147.4 | | 2,064.7 | | ||
| Total liabilities | | $3,183.6 | | $3,224.5 | | ||
| Commitments and contingencies | | | | ||||
| Redeemable noncontrolling interest | | $245.6 | | $245.6 | | ||
| Stockholders' equity: | | | | ||||
| Common stock: par value $0.01 per share, 700,000,000 shares authorized, and 86,752,229 and 85,950,493 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively. | | $0.9 | | $0.9 | | ||
| Additional paid-in capital | | | 838.4 | | | 825.4 | |
| Warrants: 2,000,000 warrants issued and outstanding as of September 30, 2025 and December 31, 2024. | | | 7.8 | | | 7.8 | |
| Accumulated deficit | | (1,535.5) | | (1,539.0) | | ||
| Accumulated other comprehensive loss | | (6.9) | | (7.0) | | ||
| Total stockholders' equity | | (695.3) | | (711.9) | | ||
| Total liabilities and stockholders' equity | | $2,733.9 | | $2,758.2 | | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.