Sotera Health Company (SHC) Balance Sheet
SHC balance sheet, 2025
December 31, 2025 · U.S. dollars$3.26B assets = $2.66B liabilities + $606.0M equity
Both columns are drawn to the same scale: what SHC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SHC financial health
Descriptive bands, not a rating. Fiscal 2025.
SHC balance sheet trends, 2018–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.71B2018 | $3.26B2025 | +2.7%/yr | |
| Total liabilities | $2.66B2018 | $2.66B2025 | −0.0%/yr | |
| Shareholders’ equity | $44.4M2018 | $606.0M2025 | +45.3%/yr | |
| Cash & short-term investments | $96.3M2018 | $346.5M2025 | +20.1%/yr | |
| Total debt | $2.24B2018 | $2.27B2025 | +0.2%/yr | |
| Net cash (debt) | −$2.14B2018 | −$1.93B2025 | +$214.3M | |
| Working capital | $169.5M2018 | $363.8M2025 | +$194.3M | |
| Book value per share | $0.182018 | $2.122025 | +42.2%/yr | |
| Current ratio | 2.182018 | 2.462025 | +0.28 | |
| Debt / equity | 50.452018 | 3.752025 | −46.70 | |
| Shares outstanding | 246.2M2018 | 286.4M2025 | +2.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SHC assets
SHC liabilities and equity
SHC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SHC balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & short-term investments | $346.5M | $277.2M | $296.4M | $395.2M | $106.9M | $102.4M | $62.9M | $96.3M |
| Cash & equivalents | $346.5M | $277.2M | $296.4M | $395.2M | $106.9M | $102.4M | $62.9M | $96.3M |
| Short-term investments | — | — | $715,000 | $660,000 | $623,000 | $673,000 | $5.1M | $4.8M |
| Receivables | $176.3M | $165.8M | $175.5M | $155.7M | $134.0M | $131.0M | $111.6M | $141.6M |
| Inventory | $59.4M | $49.2M | $48.3M | $37.1M | $54.3M | $34.1M | $37.4M | $37.6M |
| Other current assets | $31.3M | $33.8M | $37.0M | $56.9M | $50.7M | $47.5M | $40.5M | $37.4M |
| Total current assets | $613.4M | $526.0M | $557.2M | $645.0M | $346.0M | $315.0M | $252.4M | $312.9M |
| Property, plant & equipment (net) | $1.16B | $1.06B | $971.0M | $801.0M | $690.7M | $655.8M | $582.0M | $586.4M |
| Goodwill & intangible assets | $1.39B | $1.40B | $1.53B | $1.59B | $1.72B | $1.76B | $1.73B | $1.79B |
| Long-term investments | $0 | $0 | $0 | $0 | $9.4M | $13.5M | $0 | $0 |
| Other non-current assets | $94.4M | $82.4M | $74.7M | $78.7M | $24.2M | $17.7M | $14.5M | $19.9M |
| Total assets | $3.26B | $3.07B | $3.13B | $3.12B | $2.79B | $2.76B | $2.58B | $2.71B |
| Liabilities | ||||||||
| Accounts payable | $78.0M | $55.1M | $71.0M | $74.1M | $72.9M | $52.4M | $42.0M | $46.4M |
| Short-term debt | $23.2M | $22.8M | $19.5M | $206.4M | $10.4M | $10.6M | $17.6M | $16.7M |
| Deferred revenue | $18.0M | $15.1M | $13.5M | $12.1M | $8.7M | $6.1M | $3.6M | $4.6M |
| Total current liabilities | $249.6M | $191.0M | $230.7M | $791.6M | $161.2M | $140.6M | $124.0M | $143.4M |
| Long-term debt | $2.13B | $2.21B | $2.22B | $1.75B | $1.74B | $1.82B | $2.80B | $2.19B |
| Lease obligations | $133.0M | $127.7M | $98.6M | $87.8M | $84.3M | $84.4M | $31.2M | $32.9M |
| Other long-term liabilities | $280.8M | $267.6M | $232.4M | $228.8M | $298.7M | $341.3M | $296.9M | $330.2M |
| Total liabilities | $2.66B | $2.67B | $2.69B | $2.77B | $2.20B | $2.31B | $3.22B | $2.66B |
| Shareholders' equity | ||||||||
| Common stock & paid-in capital | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M | $2.3M | $2.3M |
| Retained earnings (deficit) | −$532.1M | −$610.0M | −$654.4M | −$705.8M | −$472.2M | −$589.1M | −$550.5M | −$10.4M |
| Treasury stock | — | — | — | — | −$33.5M | — | — | — |
| Accumulated other comprehensive income | −$109.8M | −$208.3M | −$92.7M | −$106.7M | −$83.6M | −$93.8M | −$94.4M | −$110.0M |
| Minority interest | — | — | $0 | $0 | — | — | — | — |
| Total shareholders' equity | $606.0M | $404.9M | $443.7M | $350.2M | $586.1M | $452.3M | −$642.6M | $44.4M |
| Key figures | ||||||||
| Total debt | $2.27B | $2.35B | $2.33B | $2.03B | $1.83B | $1.91B | $2.85B | $2.24B |
| Net cash (debt) | −$1.93B | −$2.07B | −$2.03B | −$1.64B | −$1.72B | −$1.81B | −$2.79B | −$2.14B |
| Working capital | $363.8M | $335.0M | $326.6M | −$146.6M | $184.8M | $174.4M | $128.4M | $169.5M |
| Tangible book value | −$785.4M | −$993.8M | −$1.08B | −$1.24B | −$1.13B | −$1.31B | −$2.37B | −$1.75B |
| Book value per share | $2.12 | $1.42 | $1.57 | $1.25 | $2.10 | $1.60 | −$2.26 | $0.18 |
| Shares outstanding | 286.4M | 284.9M | 283.2M | 280.1M | 279.4M | 283.2M | 284.4M | 246.2M |
| Current ratio | 2.46 | 2.75 | 2.42 | 0.81 | 2.15 | 2.24 | 2.04 | 2.18 |
| Quick ratio | 2.09 | 2.32 | 2.05 | 0.70 | 1.50 | 1.66 | 1.41 | 1.66 |
| Debt / equity | 3.75 | 5.81 | 5.24 | 5.80 | 3.12 | 4.22 | — | 50.45 |
| Equity / assets | 18.6% | 13.2% | 14.2% | 11.2% | 21.0% | 16.4% | −24.9% | 1.6% |
| 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 | $356.7M | $315.9M | $346.5M | $301.0M | $332.4M | $304.4M | $277.2M | $306.7M | $246.1M | $261.1M | $296.4M | $245.0M |
| Cash & equivalents | $356.7M | $315.9M | $346.5M | $301.0M | $332.4M | $304.4M | $277.2M | $306.7M | $246.1M | $261.1M | $296.4M | $245.0M |
| Short-term investments | — | — | — | $215,000 | — | — | $1.6M | $1.7M | $501,000 | $416,000 | $715,000 | $412,000 |
| Receivables | $197.7M | $176.3M | $176.3M | $195.2M | $179.8M | $153.1M | $165.8M | $176.6M | $160.6M | $141.5M | $175.5M | $176.2M |
| Inventory | $62.0M | $62.8M | $59.4M | $55.0M | $59.9M | $61.0M | $49.2M | $53.6M | $57.9M | $51.3M | $48.3M | $37.9M |
| Other current assets | $30.1M | $30.9M | $31.3M | $26.6M | $36.0M | $36.4M | $33.8M | $26.6M | $33.2M | $33.3M | $37.0M | $60.6M |
| Total current assets | $646.5M | $586.0M | $613.4M | $577.8M | $608.2M | $555.0M | $526.0M | $563.6M | $497.7M | $487.2M | $557.2M | $519.6M |
| Property, plant & equipment (net) | $1.20B | $1.18B | $1.16B | $1.13B | $1.11B | $1.07B | $1.06B | $1.06B | $1.02B | $1.00B | $971.0M | $909.1M |
| Goodwill & intangible assets | $1.36B | $1.38B | $1.39B | $1.39B | $1.40B | $1.38B | $1.40B | $1.46B | $1.47B | $1.49B | $1.53B | $1.53B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $100.3M | $96.6M | $94.4M | $90.1M | $92.0M | $84.3M | $82.4M | $73.3M | $75.0M | $77.3M | $74.7M | $77.9M |
| Total assets | $3.31B | $3.24B | $3.26B | $3.19B | $3.22B | $3.10B | $3.07B | $3.15B | $3.06B | $3.06B | $3.13B | $3.04B |
| Liabilities | ||||||||||||
| Accounts payable | $101.0M | $76.7M | $78.0M | $61.4M | $63.7M | $70.1M | $55.1M | $70.8M | $64.5M | $61.6M | $71.0M | $57.1M |
| Short-term debt | $23.1M | $23.3M | $23.2M | $22.9M | $23.7M | $22.9M | $22.8M | $22.9M | $18.7M | $11.6M | $19.5M | $20.0M |
| Deferred revenue | $14.2M | $13.7M | $18.0M | $14.1M | $11.5M | $13.8M | $15.1M | $10.7M | $13.0M | $12.9M | $13.5M | $12.7M |
| Total current liabilities | $231.2M | $207.8M | $249.6M | $242.4M | $246.3M | $226.0M | $191.0M | $195.5M | $169.6M | $152.3M | $230.7M | $200.6M |
| Long-term debt | $2.13B | $2.12B | $2.13B | $2.13B | $2.20B | $2.21B | $2.21B | $2.21B | $2.21B | $2.22B | $2.22B | $2.22B |
| Lease obligations | $128.6M | $131.9M | $133.0M | $134.4M | $132.2M | $126.3M | $127.7M | $132.0M | $122.5M | $116.8M | $98.6M | $98.7M |
| Other long-term liabilities | $284.4M | $281.3M | $280.8M | $264.3M | $256.5M | $252.1M | $267.6M | $272.2M | $251.9M | $253.3M | $232.4M | $235.7M |
| Total liabilities | $2.64B | $2.61B | $2.66B | $2.64B | $2.71B | $2.68B | $2.67B | $2.68B | $2.64B | $2.63B | $2.69B | $2.66B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M |
| Retained earnings (deficit) | −$451.9M | −$505.5M | −$532.1M | −$566.9M | −$615.3M | −$623.3M | −$610.0M | −$622.4M | −$639.4M | −$648.1M | −$654.4M | −$693.1M |
| Accumulated other comprehensive income | −$143.5M | −$125.9M | −$109.8M | −$125.5M | −$108.3M | −$189.5M | −$208.3M | −$124.6M | −$145.4M | −$119.9M | −$92.7M | −$114.1M |
| Total shareholders' equity | $665.6M | $622.5M | $606.0M | $550.5M | $511.3M | $414.1M | $404.9M | $470.2M | $422.8M | $429.4M | $443.7M | $377.5M |
| Key figures | ||||||||||||
| Total debt | $2.27B | $2.27B | $2.27B | $2.28B | $2.35B | $2.35B | $2.35B | $2.36B | $2.35B | $2.35B | $2.33B | $2.33B |
| Net cash (debt) | −$1.91B | −$1.95B | −$1.93B | −$1.98B | −$2.02B | −$2.04B | −$2.07B | −$2.05B | −$2.10B | −$2.09B | −$2.03B | −$2.08B |
| Working capital | $415.2M | $378.2M | $363.8M | $335.4M | $361.9M | $329.0M | $335.0M | $368.1M | $328.0M | $334.8M | $326.6M | $319.1M |
| Tangible book value | −$695.8M | −$754.5M | −$785.4M | −$839.4M | −$893.3M | −$970.6M | −$993.8M | −$986.4M | −$1.04B | −$1.06B | −$1.08B | −$1.15B |
| Book value per share | $2.31 | $2.16 | $2.12 | $1.92 | $1.79 | $1.46 | $1.42 | $1.65 | $1.49 | $1.51 | $1.57 | $1.34 |
| Shares outstanding | 288.1M | 287.6M | 286.4M | 286.7M | 285.8M | 283.6M | 284.9M | 285.6M | 284.5M | 284.1M | 283.3M | 281.1M |
| Current ratio | 2.80 | 2.82 | 2.46 | 2.38 | 2.47 | 2.46 | 2.75 | 2.88 | 2.93 | 3.20 | 2.42 | 2.59 |
| Quick ratio | 2.40 | 2.37 | 2.09 | 2.05 | 2.08 | 2.02 | 2.32 | 2.47 | 2.40 | 2.64 | 2.05 | 2.10 |
| Debt / equity | 3.41 | 3.65 | 3.75 | 4.14 | 4.60 | 5.67 | 5.81 | 5.01 | 5.55 | 5.46 | 5.24 | 6.16 |
| Equity / assets | 20.1% | 19.2% | 18.6% | 17.3% | 15.9% | 13.4% | 13.2% | 14.9% | 13.8% | 14.0% | 14.2% | 12.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 24, 2026); data from EODHD.
SHC financial position
At the end of fiscal 2025 (December 31, 2025), Sotera Health had total assets of $3.3 billion (up 6.2% from a year earlier), total liabilities of $2.7 billion and shareholders' equity of $606.0 million. It held $346.5 million in cash and short-term investments against $2.3 billion of debt, net debt of $1.9 billion. Its current ratio was 2.46. In the latest quarter (ended June 30, 2026) total assets were $3.3 billion and equity $665.6 million.
Related: SHC income statement, SHC cash flow statement, SHC key metrics. See the SHC stock overview for the latest quote and news.
SHC balance sheet FAQ
What are Sotera Health's total assets?
Sotera Health reported total assets of $3.3 billion at the end of fiscal 2025 (December 31, 2025), compared with $3.1 billion a year earlier.
How much debt does Sotera Health have?
Sotera Health had $2.3 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 3.75.
How much cash does Sotera Health have?
Sotera Health held $346.5 million in cash and short-term investments at the end of fiscal 2025; with $2.3 billion of debt that is net debt of $1.9 billion.
What is Sotera Health's book value?
Sotera Health's shareholders' equity (book value) was $606.0 million at the end of fiscal 2025, or $2.12 per share.
What is Sotera Health's current ratio?
Sotera Health had current assets of $613.4 million and current liabilities of $249.6 million, a current ratio of 2.46 (it can cover its short-term obligations).
How much goodwill does Sotera Health have?
Sotera Health carried $1.4 billion of goodwill and intangible assets, 42.6% of total assets, at the end of fiscal 2025.