Solstice Advanced Materials, Inc (SOLS) Balance Sheet
SOLS balance sheet, 2025
December 31, 2025 · U.S. dollars$5.67B assets = $4.30B liabilities + $1.38B equity
Both columns are drawn to the same scale: what SOLS owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SOLS financial health
Descriptive bands, not a rating. Fiscal 2025.
SOLS balance sheet trends, 2023–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $4.66B2023 | $5.67B2025 | +10.4%/yr | |
| Total liabilities | $1.63B2023 | $4.30B2025 | +62.4%/yr | |
| Shareholders’ equity | $3.11B2023 | $1.41B2025 | −32.7%/yr | |
| Cash & short-term investments | $606.0M2023 | $534.0M2025 | −6.1%/yr | |
| Total debt | $229.0M2023 | $2.43B2025 | +225.5%/yr | |
| Net cash (debt) | $377.0M2023 | −$1.89B2025 | −$2.3B | |
| Working capital | $745.0M2023 | $675.0M2025 | −$70.0M | |
| Book value per share | $19.602023 | $8.882025 | −32.7%/yr | |
| Current ratio | 1.662023 | 1.392025 | −0.27 | |
| Debt / equity | 0.072023 | 1.722025 | +1.65 | |
| Shares outstanding | 158.7M2023 | 158.9M2025 | +0.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SOLS assets
SOLS liabilities and equity
SOLS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SOLS balance sheet
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Assets | |||
| Cash & short-term investments | $534.0M | $661.0M | $606.0M |
| Cash & equivalents | $534.0M | $661.0M | $606.0M |
| Receivables | $645.0M | $569.0M | $620.0M |
| Inventory | $715.0M | $558.0M | $552.0M |
| Other current assets | $494.0M | $73.0M | $92.0M |
| Total current assets | $2.39B | $1.86B | $1.87B |
| Property, plant & equipment (net) | $2.06B | $1.84B | $1.75B |
| Goodwill & intangible assets | $869.0M | $847.0M | $861.0M |
| Long-term investments | $162.0M | $146.0M | $130.0M |
| Other non-current assets | $199.0M | $314.0M | $50.0M |
| Total assets | $5.67B | $5.00B | $4.66B |
| Liabilities | |||
| Accounts payable | $909.0M | $778.0M | $772.0M |
| Short-term debt | $338.0M | $22.0M | $59.0M |
| Deferred revenue | — | $6.0M | $46.0M |
| Total current liabilities | $1.71B | $1.08B | $1.12B |
| Long-term debt | $1.98B | $293.0M | $32.0M |
| Lease obligations | $187.0M | $123.0M | $177.0M |
| Other long-term liabilities | $599.0M | $446.0M | $472.0M |
| Total liabilities | $4.30B | $1.82B | $1.63B |
| Shareholders' equity | |||
| Common stock & paid-in capital | $2.0M | — | — |
| Retained earnings (deficit) | $41.0M | $0 | — |
| Accumulated other comprehensive income | −$127.0M | −$213.0M | −$158.0M |
| Minority interest | −$34.0M | −$76.0M | −$83.0M |
| Total shareholders' equity | $1.41B | $3.26B | $3.11B |
| Key figures | |||
| Total debt | $2.43B | $416.0M | $229.0M |
| Net cash (debt) | −$1.89B | $245.0M | $377.0M |
| Working capital | $675.0M | $778.0M | $745.0M |
| Tangible book value | $542.0M | $2.41B | $2.25B |
| Book value per share | $8.88 | $20.53 | $19.60 |
| Shares outstanding | 158.9M | 158.7M | 158.7M |
| Current ratio | 1.39 | 1.72 | 1.66 |
| Quick ratio | 0.69 | 1.14 | 1.09 |
| Debt / equity | 1.72 | 0.13 | 0.07 |
| Equity / assets | 24.9% | 65.1% | 66.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & short-term investments | $750.0M | $642.0M | $534.0M | $417.0M | $450.0M | $873.0M | $661.0M |
| Cash & equivalents | $750.0M | $642.0M | $534.0M | $417.0M | $450.0M | $873.0M | $661.0M |
| Receivables | $985.0M | $943.0M | $645.0M | $635.0M | $659.0M | $659.0M | $569.0M |
| Inventory | $666.0M | $704.0M | $715.0M | $732.0M | $648.0M | $648.0M | $558.0M |
| Other current assets | $167.0M | $147.0M | $494.0M | $94.0M | $67.0M | $67.0M | $73.0M |
| Total current assets | $2.57B | $2.44B | $2.39B | $1.88B | $1.82B | $2.25B | $1.86B |
| Property, plant & equipment (net) | $2.13B | $2.08B | $2.06B | $1.95B | $1.80B | $1.80B | $1.84B |
| Goodwill & intangible assets | $864.0M | $867.0M | $869.0M | $859.0M | $857.0M | $857.0M | $847.0M |
| Long-term investments | $174.0M | $168.0M | $162.0M | $159.0M | $0 | $0 | $146.0M |
| Other non-current assets | $186.0M | $193.0M | $199.0M | $404.0M | $591.0M | $555.0M | $314.0M |
| Total assets | $5.92B | $5.75B | $5.67B | $5.25B | $5.07B | $5.46B | $5.00B |
| Liabilities | |||||||
| Accounts payable | $942.0M | $910.0M | $909.0M | $872.0M | $876.0M | $876.0M | $778.0M |
| Short-term debt | $350.0M | $351.0M | $338.0M | $13.0M | — | $33.0M | $22.0M |
| Deferred revenue | — | — | — | — | — | — | $6.0M |
| Total current liabilities | $1.76B | $1.71B | $1.71B | $1.23B | $1.24B | $1.23B | $1.08B |
| Long-term debt | $1.98B | $1.98B | $1.98B | $311.0M | $2.26B | $0 | $293.0M |
| Lease obligations | $109.0M | $114.0M | $187.0M | $121.0M | — | — | $123.0M |
| Other long-term liabilities | $589.0M | $589.0M | $599.0M | $529.0M | $415.0M | $752.0M | $446.0M |
| Total liabilities | $4.33B | $4.28B | $4.30B | $2.07B | $3.92B | $1.98B | $1.82B |
| Shareholders' equity | |||||||
| Common stock & paid-in capital | $2.0M | $2.0M | $2.0M | — | — | $3.71B | — |
| Retained earnings (deficit) | $220.0M | $113.0M | $41.0M | — | — | — | $0 |
| Accumulated other comprehensive income | −$142.0M | −$128.0M | −$127.0M | −$154.0M | −$164.0M | −$164.0M | −$213.0M |
| Minority interest | $2.0M | −$14.0M | −$34.0M | −$47.0M | −$69.0M | — | — |
| Total shareholders' equity | $1.59B | $1.49B | $1.41B | $3.23B | $1.22B | $3.54B | $3.26B |
| Key figures | |||||||
| Total debt | $2.41B | $2.42B | $2.43B | $432.0M | $2.26B | $437.0M | $416.0M |
| Net cash (debt) | −$1.66B | −$1.77B | −$1.89B | −$15.0M | −$1.81B | $436.0M | $245.0M |
| Working capital | $808.0M | $731.0M | $675.0M | $652.0M | $588.0M | $1.01B | $778.0M |
| Tangible book value | $722.0M | $619.0M | $542.0M | $2.37B | $367.0M | $2.69B | $2.41B |
| Book value per share | $9.96 | $9.33 | $8.89 | $20.34 | $7.71 | $22.32 | $20.53 |
| Shares outstanding | 159.3M | 159.3M | 158.7M | 158.7M | 158.7M | 158.7M | 158.7M |
| Current ratio | 1.46 | 1.43 | 1.39 | 1.53 | 1.48 | 1.82 | 1.72 |
| Quick ratio | 0.99 | 0.93 | 0.69 | 0.86 | 0.90 | 1.24 | 1.14 |
| Debt / equity | 1.52 | 1.63 | 1.72 | 0.13 | 1.85 | 0.12 | 0.13 |
| Equity / assets | 26.8% | 25.9% | 24.9% | 61.5% | 24.1% | 64.9% | 65.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 19, 2026); data from EODHD.
SOLS financial position
At the end of fiscal 2025 (December 31, 2025), Solstice Advanced Materials had total assets of $5.7 billion (up 13.4% from a year earlier), total liabilities of $4.3 billion and shareholders' equity of $1.4 billion. It held $534.0 million in cash and short-term investments against $2.4 billion of debt, net debt of $1.9 billion. Its current ratio was 1.39. In the latest quarter (ended June 30, 2026) total assets were $5.9 billion and equity $1.6 billion.
Related: SOLS income statement, SOLS cash flow statement, SOLS key metrics. See the SOLS stock overview for the latest quote and news.
SOLS balance sheet FAQ
What are Solstice Advanced Materials's total assets?
Solstice Advanced Materials reported total assets of $5.7 billion at the end of fiscal 2025 (December 31, 2025), compared with $5.0 billion a year earlier.
How much debt does Solstice Advanced Materials have?
Solstice Advanced Materials had $2.4 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.72.
How much cash does Solstice Advanced Materials have?
Solstice Advanced Materials held $534.0 million in cash and short-term investments at the end of fiscal 2025; with $2.4 billion of debt that is net debt of $1.9 billion.
What is Solstice Advanced Materials's book value?
Solstice Advanced Materials's shareholders' equity (book value) was $1.4 billion at the end of fiscal 2025, or $8.88 per share.
What is Solstice Advanced Materials's current ratio?
Solstice Advanced Materials had current assets of $2.4 billion and current liabilities of $1.7 billion, a current ratio of 1.39 (it can cover its short-term obligations).
How much goodwill does Solstice Advanced Materials have?
Solstice Advanced Materials carried $869.0 million of goodwill and intangible assets, 15.3% of total assets, at the end of fiscal 2025.