Sylvamo Corporation (SLVM) Balance Sheet

NYSE: SLVMAssets, liabilities, debt and equity over 7 years.

SLVM balance sheet, 2025

December 31, 2025 · U.S. dollars

$2.76B assets = $1.80B liabilities + $966.0M equity

Both columns are drawn to the same scale: what SLVM owns equals what it owes plus shareholders’ equity. Hover a block for its value.

SLVM financial health

Current ratio1.50

Comfortable · current assets cover current liabilities 1.50×

Debt / equity0.88

Moderate leverage · $0.88 of debt for each $1 of equity

Equity / assets35.0%

Balanced · of assets funded by shareholders

Cash / debt15.8%

Low cash cover · cash & short-term investments vs total debt

Goodwill & intangibles4.1%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

SLVM balance sheet trends, 2019–2025

Sylvamo Corporation balance sheet trends
Metric	Then	Latest	Change
Total assets	$3.47B2019	$2.76B2025	−3.7%/yr
Total liabilities	$953.0M2019	$1.80B2025	+11.1%/yr
Shareholders’ equity	$2.52B2019	$966.0M2025	−14.8%/yr
Cash & short-term investments	$135.0M2019	$135.0M2025	0.0%/yr
Total debt	$74.0M2019	$853.0M2025	+50.3%/yr
Net cash (debt)	$61.0M2019	−$718.0M2025	−$779.0M
Working capital	$813.0M2019	$360.0M2025	−$453.0M
Book value per share	$57.072019	$23.562025	−13.7%/yr
Current ratio	2.402019	1.502025	−0.90
Debt / equity	0.032019	0.882025	+0.85
Shares outstanding	44.1M2019	41.0M2025	−1.2%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

SLVM assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

SLVM liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

SLVM debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

SLVM balance sheet

Sylvamo Corporation annual balance sheet
	2025	2024	2023	2022	2021	2020	2019
Assets
Cash & short-term investments	$135.0M	$205.0M	$220.0M	$360.0M	$159.0M	$95.0M	$135.0M
Cash & equivalents	$135.0M	$205.0M	$220.0M	$360.0M	$159.0M	$95.0M	$135.0M
Short-term investments	—	—	—	$360.0M	$180.0M	—	—
Receivables	$443.0M	$455.0M	$455.0M	$480.0M	$428.0M	$621.0M	$711.0M
Inventory	$418.0M	$361.0M	$404.0M	$364.0M	$279.0M	$342.0M	$443.0M
Other current assets	$80.0M	$42.0M	$114.0M	$39.0M	$242.0M	$61.0M	$104.0M
Total current assets	$1.08B	$1.06B	$1.19B	$1.24B	$1.11B	$1.12B	$1.39B
Property, plant & equipment (net)	$1.46B	$1.00B	$1.06B	$852.0M	$804.0M	$1.31B	$1.58B
Goodwill & intangible assets	$114.0M	$111.0M	$145.0M	$256.0M	$265.0M	$286.0M	$358.0M
Long-term investments	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$114.0M	$428.0M	$474.0M	$359.0M	$420.0M	$193.0M	$134.0M
Total assets	$2.76B	$2.60B	$2.87B	$2.71B	$2.60B	$2.91B	$3.47B
Liabilities
Accounts payable	$381.0M	$375.0M	$421.0M	$453.0M	$387.0M	$259.0M	$311.0M
Short-term debt	$90.0M	$22.0M	$28.0M	$29.0M	$41.0M	$18.0M	$21.0M
Deferred revenue	—	—	$8.0M	—	$11.0M	$11.0M	$97.0M
Total current liabilities	$716.0M	$682.0M	$695.0M	$728.0M	$758.0M	$490.0M	$580.0M
Long-term debt	$763.0M	$782.0M	$931.0M	$1.00B	$1.36B	$22.0M	$25.0M
Other long-term liabilities	$318.0M	$293.0M	$345.0M	$301.0M	$299.0M	$287.0M	$348.0M
Total liabilities	$1.80B	$1.76B	$1.97B	$2.03B	$2.42B	$799.0M	$953.0M
Shareholders' equity
Common stock & paid-in capital	$46.0M	$45.0M	$45.0M	$44.0M	$44.0M	$3.59B	$3.75B
Retained earnings (deficit)	$2.51B	$2.46B	$2.22B	$2.03B	$1.94B	$0	—
Accumulated other comprehensive income	−$1.35B	−$1.49B	−$1.26B	−$1.34B	−$1.80B	$2.11B	$2.52B
Total shareholders' equity	$966.0M	$847.0M	$901.0M	$678.0M	$182.0M	$2.11B	$2.52B
Key figures
Total debt	$853.0M	$804.0M	$959.0M	$1.03B	$1.40B	$72.0M	$74.0M
Net cash (debt)	−$718.0M	−$599.0M	−$739.0M	−$672.0M	−$1.24B	$23.0M	$61.0M
Working capital	$360.0M	$381.0M	$498.0M	$515.0M	$350.0M	$629.0M	$813.0M
Tangible book value	$852.0M	$736.0M	$756.0M	$422.0M	−$83.0M	$1.83B	$2.16B
Book value per share	$23.56	$20.17	$21.10	$15.27	$4.14	$47.88	$57.07
Shares outstanding	41.0M	42.0M	42.7M	44.4M	44.0M	44.1M	44.1M
Current ratio	1.50	1.56	1.72	1.71	1.46	2.28	2.40
Quick ratio	0.81	0.97	0.97	1.15	0.77	1.46	1.46
Debt / equity	0.88	0.95	1.06	1.52	7.68	0.03	0.03
Equity / assets	35.0%	32.5%	31.4%	25.0%	7.0%	72.6%	72.5%

Sylvamo Corporation quarterly balance sheet
	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	$123.0M	$130.0M	$135.0M	$94.0M	$113.0M	$154.0M	$205.0M	$248.0M	$145.0M	$209.0M	$280.0M	$194.0M
Cash & equivalents	$123.0M	$130.0M	$135.0M	$94.0M	$113.0M	$154.0M	$205.0M	$248.0M	$145.0M	$209.0M	$280.0M	$194.0M
Short-term investments	$64.0M	—	—	—	—	—	—	—	−$162.2M	—	—	—
Receivables	$366.0M	$398.0M	$443.0M	$411.0M	$404.0M	$442.0M	$455.0M	$473.0M	$443.0M	$448.0M	$455.0M	$448.0M
Inventory	$503.0M	$483.0M	$418.0M	$434.0M	$396.0M	$372.0M	$361.0M	$421.0M	$412.0M	$407.0M	$404.0M	$456.0M
Other current assets	$115.0M	$86.0M	$80.0M	$51.0M	$64.0M	$43.0M	$42.0M	$87.0M	$100.0M	$51.0M	$54.0M	$88.0M
Total current assets	$1.11B	$1.10B	$1.08B	$990.0M	$977.0M	$1.01B	$1.06B	$1.23B	$1.10B	$1.11B	$1.19B	$1.19B
Property, plant & equipment (net)	$1.17B	$1.51B	$1.09B	$1.48B	$1.09B	$1.04B	$1.00B	$1.03B	$1.01B	$1.44B	$1.06B	$988.0M
Goodwill & intangible assets	$121.0M	$121.0M	$114.0M	$128.0M	$126.0M	$119.0M	$111.0M	$125.0M	$121.0M	$134.0M	$145.0M	$268.0M
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$475.0M	$109.0M	$478.0M	$109.0M	$474.0M	$463.0M	$428.0M	$477.0M	$456.0M	$113.0M	$474.0M	$343.0M
Total assets	$2.88B	$2.83B	$2.76B	$2.70B	$2.67B	$2.63B	$2.60B	$2.86B	$2.69B	$2.80B	$2.87B	$2.79B
Liabilities
Accounts payable	$422.0M	$407.0M	$381.0M	$383.0M	$371.0M	$386.0M	$375.0M	$381.0M	$389.0M	$404.0M	$421.0M	$382.0M
Short-term debt	$121.0M	$174.0M	$90.0M	$52.0M	$46.0M	$23.0M	$22.0M	$43.0M	$28.0M	$47.0M	$46.0M	$90.0M
Deferred revenue	$3.0M	$2.0M	—	$3.0M	$4.0M	—	—	—	$2.0M	$8.0M	$8.0M	$66.0M
Total current liabilities	$752.0M	$758.0M	$716.0M	$653.0M	$635.0M	$616.0M	$682.0M	$714.0M	$654.0M	$649.0M	$695.0M	$674.0M
Long-term debt	$843.0M	$766.0M	$763.0M	$778.0M	$767.0M	$794.0M	$782.0M	$883.0M	$894.0M	$921.0M	$931.0M	$946.0M
Other long-term liabilities	$325.0M	$331.0M	$318.0M	$295.0M	$307.0M	$311.0M	$293.0M	$327.0M	$313.0M	$338.0M	$345.0M	$329.0M
Total liabilities	$1.92B	$1.85B	$1.80B	$1.73B	$1.71B	$1.72B	$1.76B	$1.92B	$1.86B	$1.91B	$1.97B	$1.95B
Shareholders' equity
Common stock & paid-in capital	$46.0M	$46.0M	$46.0M	$45.0M	$45.0M	$45.0M	$45.0M	$45.0M	$45.0M	$45.0M	$45.0M	$45.0M
Retained earnings (deficit)	$2.46B	$2.49B	$2.51B	$2.50B	$2.46B	$2.46B	$2.46B	$2.39B	$2.32B	$2.25B	$2.22B	$2.19B
Accumulated other comprehensive income	−$1.32B	−$1.32B	−$1.35B	−$2.58B	−$1.34B	−$1.41B	−$1.49B	−$1.37B	−$1.40B	−$1.29B	−$1.26B	−$1.30B
Total shareholders' equity	$955.0M	$979.0M	$966.0M	$977.0M	$959.0M	$908.0M	$847.0M	$937.0M	$830.0M	$889.0M	$901.0M	$836.0M
Key figures
Total debt	$964.0M	$981.0M	$853.0M	$880.0M	$813.0M	$817.0M	$804.0M	$926.0M	$922.0M	$1.02B	$1.02B	$1.06B
Net cash (debt)	−$841.0M	−$851.0M	−$718.0M	−$786.0M	−$700.0M	−$663.0M	−$599.0M	−$678.0M	−$777.0M	−$811.0M	−$743.0M	−$871.0M
Working capital	$355.0M	$339.0M	$360.0M	$337.0M	$342.0M	$395.0M	$381.0M	$515.0M	$446.0M	$466.0M	$498.0M	$512.0M
Tangible book value	$834.0M	$858.0M	$852.0M	$849.0M	$833.0M	$789.0M	$736.0M	$812.0M	$709.0M	$755.0M	$756.0M	$568.0M
Book value per share	$23.99	$24.48	$24.26	$23.77	$23.33	$22.15	$20.17	$22.36	$19.81	$21.12	$21.45	$19.72
Shares outstanding	39.8M	40.0M	39.8M	41.1M	41.1M	41.0M	42.0M	41.9M	41.9M	42.1M	42.0M	42.4M
Current ratio	1.47	1.45	1.50	1.52	1.54	1.64	1.56	1.72	1.68	1.72	1.72	1.76
Quick ratio	0.65	0.70	0.81	0.77	0.81	0.97	0.97	1.01	0.90	1.01	1.06	0.95
Debt / equity	1.01	1.00	0.88	0.90	0.85	0.90	0.95	0.99	1.11	1.15	1.14	1.27
Equity / assets	33.2%	34.5%	35.0%	36.1%	35.9%	34.5%	32.5%	32.8%	30.8%	31.8%	31.4%	30.0%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 20, 2026); data from EODHD.

SLVM financial position

At the end of fiscal 2025 (December 31, 2025), Sylvamo had total assets of $2.8 billion (up 6.1% from a year earlier), total liabilities of $1.8 billion and shareholders' equity of $966.0 million. It held $135.0 million in cash and short-term investments against $853.0 million of debt, net debt of $718.0 million. Its current ratio was 1.50. In the latest quarter (ended June 30, 2026) total assets were $2.9 billion and equity $955.0 million.

Related: SLVM income statement, SLVM cash flow statement, SLVM key metrics. See the SLVM stock overview for the latest quote and news.

SLVM balance sheet FAQ

What are Sylvamo's total assets?

Sylvamo reported total assets of $2.8 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.6 billion a year earlier.

How much debt does Sylvamo have?

Sylvamo had $853.0 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.88.

How much cash does Sylvamo have?

Sylvamo held $135.0 million in cash and short-term investments at the end of fiscal 2025; with $853.0 million of debt that is net debt of $718.0 million.

What is Sylvamo's book value?

Sylvamo's shareholders' equity (book value) was $966.0 million at the end of fiscal 2025, or $23.56 per share.

What is Sylvamo's current ratio?

Sylvamo had current assets of $1.1 billion and current liabilities of $716.0 million, a current ratio of 1.50 (it can cover its short-term obligations).

How much goodwill does Sylvamo have?

Sylvamo carried $114.0 million of goodwill and intangible assets, 4.1% of total assets, at the end of fiscal 2025.