United Maritime Corp balance sheet

At the end of fiscal 2025, United Maritime Corp had total assets of $139m, total liabilities of $82.2m and shareholders' equity of $52.9m. It held $14.2m in cash against $48.8m of debt: net debt of $34.6m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

United Maritime Corp: balance sheet, annual
Fiscal year	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	55	14	6	14
Receivables	1	0	1	1
Inventory	0	1	1	0
Total current assets	60	19	24	33
Total assets	126	175	172	139
Accounts payable	3	3	2	2
Total current liabilities	25	53	34	49
Short-term debt	7	9	18	14
Long-term debt	35	56	61	34
Total debt	43	66	80	49
Total liabilities	61	109	112	82
Shareholders' equity	65	66	60	53
Non-controlling interests and other (assets − liabilities − equity)	—	—	—	4
Net debt (negative = net cash)	−12	52	74	35
Shares outstanding	8m	9m	9m	9m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from United Maritime Corp's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to United Maritime Corp.