Can Otter Tail cover its short-term obligations?

Its current ratio is 2.04 — current assets exceed current liabilities.

Where does Otter Tail's balance sheet data come from?

Every line is extracted from Otter Tail's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Otter Tail OTTR Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$348.35M-9.8%	$386.19M+18.5%	$325.79M+6.0%	$307.24M+7.9%	$284.81M-3.3%
Short-term investments	$54.89M+1.1%	$54.31M+0.8%	$53.88M—	——	——
Accounts receivable, net	$151.14M+37.2%	$110.18M-21.8%	$140.89M-7.6%	$152.43M-0.2%	$152.72M+36.2%
Inventories	$157.06M-1.0%	$158.6M+1.8%	$155.77M+2.8%	$151.56M+2.6%	$147.7M-0.8%
Raw materials	$91.32M+0.7%	$90.72M-1.9%	$92.45M+133%	$39.69M+0.4%	$39.54M-52.3%
Work in process	$26.77M+5.5%	$25.38M+5.0%	$24.17M+9.8%	$22.01M-1.1%	$22.27M-1.6%
Finished goods	$38.96M-8.3%	$42.5M+8.6%	$39.15M-56.4%	$89.85M+4.6%	$85.89M+98.1%
Prepaid expenses and other current assets	$30.02M-13.5%	$34.69M+35.0%	$25.69M-0.6%	$25.84M+11.5%	$23.18M-22.3%
Trading assets	$54.89M—	——	$53.88M+19,492%	$275K+0.4%	$274K—
Derivative assets	$1.49M+1,101%	$124K-91.2%	$1.4M+88.2%	$746K-30.1%	$1.07M—
Total current assets	$798.96M-0.1%	$799.73M+8.5%	$737.24M+9.3%	$674.41M+3.6%	$651.27M+3.4%
Property and equipment, net	$173.1M+1.0%	$171.43M-93.9%	$2.82B+2.4%	$2.75B+1.7%	$2.71B+0.6%
Accumulated depreciation	$249.15M+1.3%	$245.88M—	——	——	——
Total property and equipment, gross	$3.43B+1.7%	$3.37B—	——	——	——
Goodwill	$37.57M0.0%	$37.57M0.0%	$37.57M0.0%	$37.57M0.0%	$37.57M0.0%
Intangible assets, net	$4.38M-5.6%	$4.64M-5.6%	$4.92M-5.3%	$5.19M-5.0%	$5.47M-4.8%
Deferred tax assets	$307.85M+0.6%	$305.93M+6.2%	$288.01M+3.6%	$278.09M+2.4%	$271.61M+1.4%
Other non-current assets	$81.28M+0.6%	$80.77M+19.1%	$67.8M+1.6%	$66.75M-2.7%	$68.63M+3.3%
Equity method investments	$78.68M-0.2%	$78.82M+1.5%	$77.66M-39.5%	$128.29M+2.5%	$125.11M+3.2%
Long-term investments	$133.57M+0.3%	$133.13M+1.2%	$131.54M+2.3%	$128.56M+2.5%	$125.39M+2.8%
Available-for-sale securities	$9.38M—	——	$9.92M-84.3%	$63.33M0.0%	$63.34M—
Total investments	$18.85M+12.7%	$16.73M+1.7%	$16.45M+7.3%	$15.34M+8.2%	$14.18M+33.1%
Bank owned life insurance	$48.22M-2.1%	$49.26M-1.5%	$50.03M+3.7%	$48.23M+2.4%	$47.1M-1.7%
Regulatory assets	$25.43M+24.4%	$20.44M+117%	$9.43M+5.4%	$8.95M-22.5%	$11.54M+15.8%
Construction work in progress	$350.94M+50.0%	$233.98M—	——	——	——
Total noncurrent assets	$3.35B+6.0%	$3.16B+1.9%	$3.11B+0.5%	$3.09B+1.5%	$3.05B+0.8%
Total assets	$4.15B+4.8%	$3.96B+3.1%	$3.84B+2.1%	$3.77B+1.9%	$3.7B+1.2%
Accounts payable	$132.82M+41.9%	$93.61M-1.9%	$95.44M-2.8%	$98.23M+21.6%	$80.76M-28.9%
Accrued expenses	$27.88M-21.8%	$35.67M+10.8%	$32.2M+28.6%	$25.04M+6.5%	$23.5M-31.7%
Current portion of long-term debt	$67.97M+12.8%	$60.24M—	$0—	$0-100%	$58.85M-15.5%
Short-term borrowings	$67.97M+12.8%	$60.24M—	$0—	$0-100%	$58.85M-15.5%
Total current liabilities	$391.88M+11.7%	$350.96M+70.1%	$206.36M+1.4%	$203.48M-18.1%	$248.42M-19.8%
Long-term debt	$1.06B+10.3%	$963.57M-7.7%	$1.04B0.0%	$1.04B+5.0%	$993.51M+5.3%
Asset retirement obligations	$100K0.0%	$100K—	——	——	——
Other non-current liabilities	$101.45M-4.4%	$106.16M+0.8%	$105.33M+2.3%	$102.93M+1.9%	$101.06M+2.7%
Regulatory liabilities	$19.1M+15.1%	$16.6M-23.7%	$21.75M-11.5%	$24.58M-9.1%	$27.03M-7.8%
Total noncurrent liabilities	$789.97M+0.3%	$788M+3.3%	$762.58M+2.5%	$743.97M+0.9%	$737.5M+1.0%
Common stock	50M0.0%	50M0.0%	50M0.0%	50M0.0%	50M-76.1%
Additional paid-in capital	$431.83M-0.5%	$434.2M+0.2%	$433.37M+0.2%	$432.66M+0.3%	$431.42M+0.5%
Retained earnings	$1.27B+4.0%	$1.22B+2.5%	$1.19B+5.0%	$1.13B+5.2%	$1.08B+4.5%
Accumulated other comprehensive income (loss)	$269K-42.8%	$470K-36.7%	$742K+1.1%	$734K0.0%	$734K+38.0%
Total stockholders' equity	$1.91B+2.5%	$1.86B+1.7%	$1.83B+3.2%	$1.77B+3.3%	$1.72B+2.9%
Total liabilities and stockholders' equity	$4.15B+4.8%	$3.96B+3.1%	$3.84B+2.1%	$3.77B+1.9%	$3.7B+1.2%
Available-for-Sale Debt Securities - Amortized Cost	$64.52M+0.9%	$63.93M+1.1%	$63.25M+0.3%	$63.08M0.0%	$63.09M+0.9%
Allowance for Doubtful Accounts	$1.74M+5.6%	$1.65M-6.3%	$1.76M-25.5%	$2.36M+7.6%	$2.19M+14.1%
Allowance for Doubtful Accounts Receivable (Current)	$1.74M+5.6%	$1.65M-6.3%	$1.76M-25.5%	$2.36M+7.6%	$2.19M+14.1%
Cash, Cash Equivalents, and Marketable Securities	$64.79M+0.5%	$64.46M+1.0%	$63.79M+0.3%	$63.6M0.0%	$63.61M+1.4%
Available For Sale Securities Debt Securities Current	$54.89M+1.1%	$54.31M—	——	——	——
Derivatives	$1.35M+987%	$124K-90.4%	$1.29M+72.3%	$746K-30.1%	$1.07M—
Finished goods	$38.96M-8.3%	$42.5M+8.6%	$39.15M-56.4%	$89.85M+4.6%	$85.89M+98.1%
Materials and supplies	$91.32M+0.7%	$90.72M-1.9%	$92.45M+133%	$39.69M+0.4%	$39.54M-52.3%
Other current assets	$30.02M-13.5%	$34.69M+35.0%	$25.69M-0.6%	$25.84M+11.5%	$23.18M-22.3%
Derivative Assets, Current	$1.35M+987%	$124K-90.4%	$1.29M+72.3%	$746K-30.1%	$1.07M—
Derivative Assets - Fair Value	$141K—	$0-100%	$119K—	——	——
Other Receivables, Gross	$10.02M-17.2%	$12.09M+14.2%	$10.59M-16.6%	$12.71M+10.0%	$11.55M-16.3%
Unbilled Revenue	$23.8M-4.3%	$24.87M+46.6%	$16.97M-6.0%	$18.05M-17.9%	$21.97M+0.2%
Deferred Tax Assets and Other Non-Current Assets	$81.28M+0.6%	$80.77M+19.1%	$67.8M+1.6%	$66.75M-2.7%	$68.63M+3.3%
Derivative Assets, Non-Current	$141K—	$0-100%	$119K—	——	——
Equity Securities (FV-NI) - Non-Current	$18.85M+12.7%	$16.73M+1.7%	$16.45M+7.3%	$15.34M+8.2%	$14.18M+33.1%
Equity Securities (Non-Current)	$18.85M+12.7%	$16.73M+1.7%	$16.45M+7.3%	$15.34M+8.2%	$14.18M+33.1%
Investments - Amortized Cost Basis	$64.52M+0.9%	$63.93M+1.1%	$63.25M+0.3%	$63.08M0.0%	$63.09M+0.9%
Other intangible assets—net	$4.38M-5.6%	$4.64M-5.6%	$4.92M-5.3%	$5.19M-5.0%	$5.47M-4.8%
Investments	$133.57M+0.3%	$133.13M+1.2%	$131.54M+2.3%	$128.56M+2.5%	$125.39M+2.8%
Investments	$78.68M-0.2%	$78.82M+1.5%	$77.66M-39.5%	$128.29M+2.5%	$125.11M+3.2%
Other non-current assets	$81.28M+0.6%	$80.77M+19.1%	$67.8M+1.6%	$66.75M-2.7%	$68.63M+3.3%
Property, plant and equipment at cost	$422.26M+1.2%	$417.31M—	——	——	——
Property, Plant and Equipment, net of accumulated depreciation	$3.06B+6.5%	$2.88B+2.0%	$2.82B+2.4%	$2.75B+1.7%	$2.71B+0.6%
Public Utilities, Property, Plant and Equipment, Net	$2.89B+6.9%	$2.71B—	——	——	——
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)	$54.89M+1.1%	$54.31M+0.8%	$53.88M—	——	——
Other Investments	$27K0.0%	$27K0.0%	$27K0.0%	$27K0.0%	$27K0.0%
Software and Technology Licenses, Net	$81.28M+0.6%	$80.77M+19.1%	$67.8M+1.6%	$66.75M-2.7%	$68.63M+3.3%
Accrued Manufacturing Costs	$27.88M-21.8%	$35.67M+10.8%	$32.2M+28.6%	$25.04M+6.5%	$23.5M-31.7%
Commercial Paper Outstanding	$15.1M—	——	$10.46M+15.9%	$9.02M+2.8%	$8.77M—
Compensation and benefits	$27.88M-21.8%	$35.67M+10.8%	$32.2M+28.6%	$25.04M+6.5%	$23.5M-31.7%
Revolving credit facility	$11.51M—	——	——	——	——
Other accrued liabilities	$44.73M-3.7%	$46.43M+30.1%	$35.7M-8.8%	$39.16M+1.8%	$38.47M-15.6%
Line of Credit Outstanding	$11.51M—	——	——	——	——
Short-Term Debt - Weighted-Average Interest Rate	5.5%+0.5%	5.1%—	——	——	5.5%-0.1%
Accrued Employee Benefits (Non-Current)	$32.13M+1.0%	$31.81M+20.0%	$26.5M0.0%	$26.49M-1.7%	$26.96M-1.6%
Debt Maturity - 5 to 10 Years	$522K—	——	——	——	——
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$3.87M+11.2%	$3.48M-2.2%	$3.56M-1.7%	$3.63M+4.0%	$3.49M+6.8%
Defined Benefit Pension Plan Liabilities (Non-Current)	$32.19M-0.6%	$32.38M+1.2%	$32M-0.6%	$32.2M-0.6%	$32.41M-0.6%
Postretirement benefit obligations other than pensions	$32.13M+1.0%	$31.81M+20.0%	$26.5M0.0%	$26.49M-1.7%	$26.96M-1.6%
Other Pension and Postretirement Benefit Liabilities	$32.13M+1.0%	$31.81M+20.0%	$26.5M0.0%	$26.49M-1.7%	$26.96M-1.6%
Total debt	$1.13B+7.7%	$1.05B+0.7%	$1.04B0.0%	$1.04B-0.9%	$1.05B+1.0%
Total Carrying Value of Debt	$1.15B+9.6%	$1.05B0.0%	$1.05B0.0%	$1.05B+5.0%	$997M+5.3%
Common Stock Par Value Per Share	$5.000.0%	$5.000.0%	$5.000.0%	$5.000.0%	$5.000.0%
Additional paid-in capital	$431.83M-0.5%	$434.2M+0.2%	$433.37M+0.2%	$432.66M+0.3%	$431.42M+0.5%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$209.77M+0.1%	$209.53M0.0%	$209.53M0.0%	$209.52M+0.1%	$209.37M+0.1%
Unrealized Gains on Investments	$287K-46.8%	$539K-9.9%	$598K-1.3%	$606K-7.1%	$652K+50.6%
Unrealized Losses on Investments (Before Tax)	$20K+122%	$9K-82.4%	$51K-39.3%	$84K-35.9%	$131K-32.5%
Cumulative Cost Basis	$64.52M+0.9%	$63.93M+1.1%	$63.25M+0.3%	$63.08M0.0%	$63.09M+0.9%
Line of Credit Maximum Borrowing Capacity	$390M—	——	$390M0.0%	$390M0.0%	$390M—
Line of Credit Remaining Borrowing Capacity	$310.52M-2.8%	$319.3M-15.9%	$379.54M-0.4%	$380.98M+18.2%	$322.38M+3.5%
Accounts Receivable, after Allowance for Credit Loss	$183.22M+25.9%	$145.5M-12.7%	$166.69M-7.8%	$180.82M-1.8%	$184.05M+26.1%
Accumulated Deferred Investment Tax Credit	$14.28M-0.3%	$14.32M-1.3%	$14.51M-1.3%	$14.71M-0.6%	$14.8M-1.3%
Accounts Receivable, Allowance for Credit Loss	$1.74M+5.6%	$1.65M-6.3%	$1.76M-25.5%	$2.36M+7.6%	$2.19M+14.1%
Asset Retirement Obligation	$38.57M-12.3%	$43.99M—	——	——	——
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax	$20K+122%	$9K-82.4%	$51K-39.3%	$84K-35.9%	$131K-32.5%
Gross Unrealized Gains	$287K-46.8%	$539K-9.9%	$598K-1.3%	$606K-7.1%	$652K+50.6%
Total	$64.52M+0.9%	$63.93M+1.1%	$63.25M+0.3%	$63.08M0.0%	$63.09M+0.9%
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10	$522K—	——	——	——	——
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five	$9.38M—	——	$9.92M-84.3%	$63.33M0.0%	$63.34M—
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One	$54.89M—	——	$53.88M+19,492%	$275K+0.4%	$274K—
Available for sale investments	$64.79M+0.5%	$64.46M+1.0%	$63.79M+0.3%	$63.6M0.0%	$63.61M+1.4%
Common stock, par value (in dollars per share)	$50.0%	$50.0%	$50.0%	$50.0%	$50.0%
Common stock, shares authorized (in shares)	$50M0.0%	$50M0.0%	$50M0.0%	$50M0.0%	$50M0.0%
Common Stock, Shares, Outstanding	$41.95M+0.1%	$41.91M0.0%	$41.91M0.0%	$41.9M+0.1%	$41.87M+0.1%
Long-term debt, gross	$1.15B+9.6%	$1.05B0.0%	$1.05B0.0%	$1.05B+5.0%	$997M+5.3%
Less: net unamortized discount	$3.87M+11.2%	$3.48M-2.2%	$3.56M-1.7%	$3.63M+4.0%	$3.49M+6.8%
Weighted Average Interest Rate (as a percent)	$0.06+8.9%	$0.05—	——	——	$0.06-1.2%
Deferred income taxes	$307.85M+0.6%	$305.93M+6.2%	$288.01M+3.6%	$278.09M+2.4%	$271.61M+1.4%
Future pension and postretirement benefit obligations	$32.19M-0.6%	$32.38M+1.2%	$32M-0.6%	$32.2M-0.6%	$32.41M-0.6%
Derivatives	$141K—	$0-100%	$119K—	——	——
Acres of land	2.2K—	——	——	——	——
Letters of Credit Outstanding, Amount	$15.1M—	——	$10.46M+15.9%	$9.02M+2.8%	$8.77M—
Life insurance	$48.22M-2.1%	$49.26M-1.5%	$50.03M+3.7%	$48.23M+2.4%	$47.1M-1.7%
Committed Revolving Credit Facilities	$390M—	——	$390M0.0%	$390M0.0%	$390M—
Money Market Funds At Carrying Value	$1.69M-36.7%	$2.67M+116%	$1.24M-9.8%	$1.37M+193%	$468K-21.5%
Number of regional transmission organizations with show cause proceedings	——	——	——	——	——
Construction Work in Progress	$16.89M+36.3%	$12.39M—	——	——	——
Nonelectric Property, Plant and Equipment	$405.37M+0.1%	$404.92M—	——	——	——
Public Utilities, Property, Plant and Equipment, Gross	$3.78B+4.8%	$3.6B—	——	——	——
Unbilled Receivables	$23.8M-4.3%	$24.87M+46.6%	$16.97M-6.0%	$18.05M-17.9%	$21.97M+0.2%
Unrecorded Unconditional Purchase Obligation	$54M—	——	——	——	——
Unrecorded Unconditional Purchase Obligation	$54M—	——	——	——	——

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Questions, answered.

Can Otter Tail cover its short-term obligations?: Its current ratio is 2.04 — current assets exceed current liabilities.
Where does Otter Tail's balance sheet data come from?: Every line is extracted from Otter Tail's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.