Kronos Worldwide, Inc. (KRO) Balance Sheet
KRO balance sheet, 2025
December 31, 2025 · U.S. dollars$1.82B assets = $1.07B liabilities + $751.1M equity
Both columns are drawn to the same scale: what KRO owns equals what it owes plus shareholders’ equity. Hover a block for its value.
KRO financial health
Descriptive bands, not a rating. Fiscal 2025.
KRO balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.18B2016 | $1.82B2025 | +4.9%/yr | |
| Total liabilities | $784.6M2016 | $1.07B2025 | +3.5%/yr | |
| Shareholders’ equity | $395.0M2016 | $751.1M2025 | +7.4%/yr | |
| Cash & short-term investments | $50.7M2016 | $37.0M2025 | −3.4%/yr | |
| Total debt | $339.0M2016 | $577.3M2025 | +6.1%/yr | |
| Net cash (debt) | −$288.3M2016 | −$540.3M2025 | −$252.0M | |
| Working capital | $468.3M2016 | $625.7M2025 | +$157.4M | |
| Book value per share | $3.412016 | $6.532025 | +7.5%/yr | |
| Current ratio | 3.572016 | 2.702025 | −0.88 | |
| Debt / equity | 0.862016 | 0.772025 | −0.09 | |
| Shares outstanding | 115.9M2016 | 115.0M2025 | −0.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
KRO assets
KRO liabilities and equity
KRO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
KRO balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $37.0M | $106.7M | $194.7M | $327.8M | $406.0M | $355.3M | $390.8M | $373.3M | $322.0M | $50.7M |
| Cash & equivalents | $37.0M | $106.7M | $194.7M | $327.8M | $406.0M | $355.3M | $390.8M | $373.3M | $322.0M | $50.7M |
| Short-term investments | — | — | — | −$112.9M | −$102.1M | $103.0M | — | — | $1.7M | $1.6M |
| Receivables | $287.8M | $291.6M | $312.5M | $255.1M | $379.1M | $323.0M | $309.4M | $312.5M | $346.5M | $244.6M |
| Inventory | $628.6M | $656.7M | $564.6M | $608.7M | $432.3M | $519.0M | $503.0M | $497.9M | $382.3M | $343.5M |
| Other current assets | $41.1M | $50.3M | $45.6M | $50.6M | $40.6M | $21.0M | $16.5M | $17.7M | $11.7M | $11.6M |
| Total current assets | $994.5M | $1.11B | $1.12B | $1.24B | $1.26B | $1.22B | $1.22B | $1.20B | $1.06B | $650.4M |
| Property, plant & equipment (net) | $744.2M | $714.7M | $505.6M | $506.0M | $523.3M | $550.7M | $519.6M | $486.4M | $506.4M | $434.0M |
| Goodwill & intangible assets | $2.6M | $2.6M | $0 | $0 | $0 | $0 | $0 | $312.5M | $346.5M | $244.6M |
| Long-term investments | $1.8M | $3.4M | $113.2M | $116.1M | $106.1M | $103.3M | $90.2M | $81.3M | $110.8M | $84.9M |
| Other non-current assets | $73.7M | $87.5M | $101.8M | $70.1M | $125.4M | $164.4M | $136.3M | $0 | $0 | $0 |
| Total assets | $1.82B | $1.91B | $1.84B | $1.93B | $2.01B | $2.04B | $1.97B | $1.90B | $1.82B | $1.18B |
| Liabilities | ||||||||||
| Accounts payable | $224.0M | $232.4M | $218.7M | $177.2M | $143.6M | $111.0M | $137.2M | $119.9M | $124.1M | $99.6M |
| Short-term debt | $4.2M | $81.8M | $3.9M | $4.9M | $5.1M | $7.4M | $7.7M | $1.5M | $700,000 | $3.6M |
| Deferred revenue | — | — | −$222.6M | — | — | $151.0M | — | $9.0M | $25.0M | $90.7M |
| Total current liabilities | $368.8M | $476.6M | $370.8M | $326.7M | $288.8M | $260.2M | $270.6M | $233.4M | $231.5M | $182.1M |
| Long-term debt | $557.4M | $429.1M | $440.9M | $424.1M | $449.8M | $486.7M | $444.0M | $455.1M | $473.8M | $335.4M |
| Lease obligations | $19.9M | $20.6M | $22.5M | $21.2M | $19.5M | $25.5M | $28.4M | — | — | — |
| Other long-term liabilities | $139.5M | $190.8M | $218.0M | $226.4M | $404.0M | $493.3M | $435.1M | $369.8M | $364.8M | $267.1M |
| Total liabilities | $1.07B | $1.10B | $1.03B | $977.2M | $1.14B | $1.24B | $1.15B | $1.06B | $1.07B | $784.6M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M |
| Retained earnings (deficit) | −$344.9M | −$211.0M | −$242.0M | −$105.4M | −$122.1M | −$151.8M | −$132.5M | −$136.2M | −$267.2M | −$552.2M |
| Treasury stock | — | — | — | −$1.4M | −$200,000 | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$295.6M | −$363.5M | −$341.1M | −$331.5M | −$404.1M | −$448.2M | −$448.8M | −$424.3M | −$378.7M | −$452.8M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $751.1M | $817.0M | $808.3M | $957.2M | $870.2M | $796.5M | $816.1M | $839.8M | $754.3M | $395.0M |
| Key figures | ||||||||||
| Total debt | $577.3M | $528.0M | $463.4M | $446.4M | $470.7M | $512.9M | $473.9M | $456.6M | $474.5M | $339.0M |
| Net cash (debt) | −$540.3M | −$421.3M | −$268.7M | −$118.6M | −$64.7M | −$157.6M | −$83.1M | −$83.3M | −$152.5M | −$288.3M |
| Working capital | $625.7M | $628.7M | $746.6M | $915.5M | $969.2M | $958.1M | $949.1M | $968.0M | $831.0M | $468.3M |
| Tangible book value | $748.5M | $814.4M | $808.3M | $957.2M | $870.2M | $796.5M | $816.1M | $527.3M | $407.8M | $150.4M |
| Book value per share | $6.53 | $7.10 | $7.02 | $8.29 | $7.53 | $6.89 | $7.05 | $7.25 | $6.51 | $3.41 |
| Shares outstanding | 115.0M | 115.0M | 115.1M | 115.5M | 115.5M | 115.6M | 115.8M | 115.9M | 115.9M | 115.9M |
| Current ratio | 2.70 | 2.32 | 3.01 | 3.80 | 4.36 | 4.68 | 4.51 | 5.15 | 4.59 | 3.57 |
| Quick ratio | 0.88 | 0.84 | 1.37 | 1.78 | 2.72 | 2.61 | 2.59 | 2.94 | 2.89 | 1.62 |
| Debt / equity | 0.77 | 0.65 | 0.57 | 0.47 | 0.54 | 0.64 | 0.58 | 0.54 | 0.63 | 0.86 |
| Equity / assets | 41.3% | 42.7% | 44.0% | 49.5% | 43.2% | 39.1% | 41.5% | 44.2% | 41.3% | 33.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $26.6M | $28.2M | $33.2M | $27.7M | $18.9M | $20.5M | $106.7M | $94.8M | $133.8M | $120.7M | $194.7M | $155.3M |
| Cash & equivalents | $26.6M | $28.2M | $33.2M | $27.7M | $18.9M | $20.5M | $106.7M | $94.8M | $133.8M | $120.7M | $194.7M | $155.3M |
| Receivables | $393.3M | $374.4M | $287.8M | $334.3M | $347.1M | $355.4M | $291.6M | $366.5M | $370.6M | $348.7M | $312.5M | $299.8M |
| Inventory | $498.3M | $549.3M | $628.6M | $659.1M | $683.5M | $699.8M | $656.7M | $548.6M | $447.2M | $475.8M | $564.6M | $497.8M |
| Other current assets | $24.4M | $36.6M | $44.9M | $49.3M | $38.1M | $50.3M | $50.3M | $57.9M | $35.6M | $39.5M | $45.6M | $46.8M |
| Total current assets | $942.6M | $988.5M | $994.5M | $1.07B | $1.09B | $1.13B | $1.11B | $1.07B | $987.2M | $984.7M | $1.12B | $999.7M |
| Property, plant & equipment (net) | $726.8M | $731.6M | $744.2M | $746.7M | $752.7M | $726.4M | $714.7M | $742.9M | $466.4M | $483.4M | $505.6M | $497.7M |
| Goodwill & intangible assets | $2.6M | $2.6M | $2.6M | $2.6M | $2.6M | $2.6M | $2.6M | $2.6M | $0 | $0 | $0 | $0 |
| Long-term investments | $2.1M | $2.1M | $1.8M | $2.3M | $2.4M | $2.4M | $3.4M | $4.8M | $103.8M | $111.2M | $113.2M | $117.6M |
| Other non-current assets | $69.9M | $73.5M | $73.7M | $87.7M | $95.1M | $88.6M | $87.5M | $103.5M | $99.5M | $100.1M | $101.8M | $100.9M |
| Total assets | $1.74B | $1.80B | $1.82B | $1.91B | $1.94B | $1.95B | $1.91B | $1.92B | $1.66B | $1.68B | $1.84B | $1.72B |
| Liabilities | ||||||||||||
| Accounts payable | $282.2M | $201.3M | $224.0M | $161.0M | $187.0M | $205.2M | $232.4M | $155.2M | $129.9M | $143.9M | $218.7M | $117.9M |
| Short-term debt | $3.9M | $3.9M | $4.2M | $4.4M | $92.1M | $85.1M | $81.8M | $87.6M | $3.7M | $3.6M | $3.9M | $4.5M |
| Deferred revenue | — | — | — | — | — | — | — | $7.9M | $10.3M | −$147.5M | — | −$121.7M |
| Total current liabilities | $285.8M | $311.0M | $368.8M | $279.2M | $390.2M | $430.3M | $476.6M | $398.3M | $273.1M | $267.9M | $370.8M | $256.2M |
| Long-term debt | $569.6M | $602.7M | $557.4M | $626.2M | $501.4M | $476.0M | $429.1M | $470.4M | $423.7M | $426.9M | $440.9M | $422.5M |
| Lease obligations | $19.0M | $18.8M | $19.9M | $20.9M | $21.3M | $20.9M | $20.6M | $21.8M | $21.8M | $21.5M | $22.5M | $20.7M |
| Other long-term liabilities | $137.6M | $139.6M | $139.5M | $199.6M | $202.0M | $192.7M | $190.8M | $205.5M | $185.5M | $210.2M | $218.0M | $204.0M |
| Total liabilities | $993.0M | $1.05B | $1.07B | $1.10B | $1.09B | $1.10B | $1.10B | $1.07B | $882.3M | $905.0M | $1.03B | $882.7M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M |
| Retained earnings (deficit) | −$346.0M | −$355.5M | −$344.9M | −$256.4M | −$213.6M | −$198.7M | −$211.0M | −$192.1M | −$258.1M | −$255.8M | −$242.0M | −$214.8M |
| Accumulated other comprehensive income | −$295.0M | −$291.1M | −$295.6M | −$330.5M | −$331.2M | −$345.8M | −$363.5M | −$352.0M | −$358.8M | −$361.2M | −$341.1M | −$343.4M |
| Total shareholders' equity | $751.0M | $745.0M | $751.1M | $804.7M | $846.8M | $847.0M | $817.0M | $847.4M | $774.6M | $774.4M | $808.3M | $833.2M |
| Key figures | ||||||||||||
| Total debt | $588.6M | $621.5M | $577.3M | $647.1M | $610.6M | $578.1M | $528.0M | $576.1M | $445.5M | $448.4M | $463.4M | $443.9M |
| Net cash (debt) | −$562.0M | −$593.3M | −$544.1M | −$619.4M | −$591.7M | −$557.6M | −$421.3M | −$481.3M | −$311.7M | −$327.7M | −$268.7M | −$288.6M |
| Working capital | $656.8M | $677.5M | $625.7M | $791.2M | $697.4M | $695.7M | $628.7M | $669.5M | $714.1M | $716.8M | $746.6M | $743.5M |
| Tangible book value | $748.4M | $742.4M | $748.5M | $802.1M | $844.2M | $844.4M | $814.4M | $844.8M | $774.6M | $774.4M | $808.3M | $833.2M |
| Book value per share | $6.52 | $6.48 | $6.53 | $7.00 | $7.36 | $7.37 | $7.10 | $7.37 | $6.74 | $6.73 | $7.03 | $7.25 |
| Shares outstanding | 115.1M | 115.0M | 115.0M | 115.0M | 115.0M | 115.0M | 115.0M | 115.0M | 115.0M | 115.0M | 115.0M | 115.0M |
| Current ratio | 3.30 | 3.18 | 2.70 | 3.83 | 2.79 | 2.62 | 2.32 | 2.68 | 3.61 | 3.68 | 3.01 | 3.90 |
| Quick ratio | 1.47 | 1.29 | 0.87 | 1.30 | 0.94 | 0.87 | 0.84 | 1.16 | 1.85 | 1.75 | 1.37 | 1.78 |
| Debt / equity | 0.78 | 0.83 | 0.77 | 0.80 | 0.72 | 0.68 | 0.65 | 0.68 | 0.58 | 0.58 | 0.57 | 0.53 |
| Equity / assets | 43.1% | 41.4% | 41.3% | 42.1% | 43.6% | 43.5% | 42.7% | 44.1% | 46.7% | 46.1% | 44.0% | 48.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 9, 2026); data from EODHD.
KRO financial position
At the end of fiscal 2025 (December 31, 2025), Kronos Worldwide had total assets of $1.8 billion (down 5.1% from a year earlier), total liabilities of $1.1 billion and shareholders' equity of $751.1 million. It held $37.0 million in cash and short-term investments against $577.3 million of debt, net debt of $540.3 million. Its current ratio was 2.70. In the latest quarter (ended June 30, 2026) total assets were $1.7 billion and equity $751.0 million.
Related: KRO income statement, KRO cash flow statement, KRO key metrics. See the KRO stock overview for the latest quote and news.
KRO balance sheet FAQ
What are Kronos Worldwide's total assets?
Kronos Worldwide reported total assets of $1.8 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.9 billion a year earlier.
How much debt does Kronos Worldwide have?
Kronos Worldwide had $577.3 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.77.
How much cash does Kronos Worldwide have?
Kronos Worldwide held $37.0 million in cash and short-term investments at the end of fiscal 2025; with $577.3 million of debt that is net debt of $540.3 million.
What is Kronos Worldwide's book value?
Kronos Worldwide's shareholders' equity (book value) was $751.1 million at the end of fiscal 2025, or $6.53 per share.
What is Kronos Worldwide's current ratio?
Kronos Worldwide had current assets of $994.5 million and current liabilities of $368.8 million, a current ratio of 2.70 (it can cover its short-term obligations).
How much goodwill does Kronos Worldwide have?
Kronos Worldwide carried $2.6 million of goodwill and intangible assets, 0.1% of total assets, at the end of fiscal 2025.