ADVANCED DRAINAGE SYSTEMS, INC.【WMS】Balance sheet

Market cap

$12.3B

P/E ratio

	2015/03	2016/03	2017/03	2018/03	2019/03	2020/03	2021/03	2022/03	2023/03	2024/03	2025/03
Cash and cash equivalents	4	7	6	18	9	174	195	20	217	496	469
Total cash & short-term investments	4	7	6	18	9	174	195	20	217	496	469
Inventories	270	230	258	264	265	282	301	494	464	464	488
Total current assets	447	437	441	458	467	666	743	872	1,017	1,300	1,325
Property, plant and equipment, net	377	392	407	399	399	481	504	-	-	-	-
Total non-current assets	595	601	606	585	576	1,704	1,671	1,778	1,884	1,969	2,366
Total assets	1,042	1,038	1,046	1,043	1,042	2,370	2,414	2,650	2,901	3,269	3,690
Accounts payable	112	120	122	106	94	107	171	225	210	254	218
Long-term debt, current	10	36	38	27	26	8	7	19	15	12	10
Total current liabilities	198	242	256	221	206	238	318	391	379	440	398
Long-term debt, non-current	390	315	311	271	209	1,089	782	909	1,269	1,260	1,252
Total non-current liabilities	530	467	440	388	335	1,347	1,032	1,153	1,527	1,549	1,656
Total liabilities	727	708	696	609	542	1,585	1,350	1,545	1,906	1,988	2,055
Common stock and paid-in capital	713	12	12	11	11	12	12	12	12	12	12
Retained earnings	-63	-63	-84	-39	18	-268	-75	159	626	1,092	1,493
Stockholders' equity	207	218	238	324	398	537	834	910	842	1,172	1,543
Total debt	400	348	349	298	235	1,097	789	928	1,284	1,271	1,262
Net debt	396	342	342	280	226	923	594	908	1,067	776	792
D/E ratio (%)	193.6	159.9	146.7	91.8	58.9	204.2	94.7	102	152.6	108.5	81.8