Topgolf Callaway Brands Corp. (MODG)

Solvency & Capital Structure

Total Debt

$676.2M

Net Debt

$176.7M

Topgolf Callaway Brands Corp. currently has $676.2M in total debt. Net debt is $176.7M after cash offsets.

Financial Fundamentals

MODG • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-03-31	0.68	0.50	0.18	3.18	21.3%
2025-12-31	1.86	0.90	0.96	2.83	65.9%
2025-09-30	4.45	0.87	3.59	7.57	58.8%
2025-06-30	2.90	0.68	2.22	7.61	38.2%
2025-03-31	2.90	0.32	2.58	7.69	37.7%
2024-12-31	4.14	0.45	3.70	7.64	54.3%
2024-09-30	3.01	0.44	2.57	9.16	32.9%
2024-06-30	3.01	0.31	2.70	9.10	33.1%
2024-03-31	3.09	0.23	2.85	9.09	34.0%
2023-12-31	4.07	0.39	3.68	9.12	44.7%
2023-09-30	3.13	0.33	2.80	8.98	34.8%
2023-06-30	3.15	0.19	2.96	8.96	35.2%
2023-03-31	3.86	0.18	3.68	8.94	43.1%
2022-12-31	3.57	0.18	3.39	8.59	41.5%
2022-09-30	2.67	0.20	2.47	8.22	32.4%
2022-06-30	2.69	0.18	2.51	8.16	32.9%
2022-03-31	3.19	0.24	2.94	8.08	39.4%
2021-12-31	2.95	0.35	2.60	7.75	38.1%
2021-09-30	2.63	0.51	2.12	7.40	35.5%
2021-06-30	2.58	0.42	2.16	7.27	35.5%
2021-03-31	2.62	0.40	2.22	7.11	36.8%
2020-12-31	0.88	0.37	0.51	1.98	44.4%
2020-09-30	0.89	0.29	0.61	1.97	45.5%
2020-06-30	0.89	0.16	0.73	1.86	48.1%
2020-03-31	1.00	0.17	0.84	2.14	47.0%
2019-12-31	0.76	0.11	0.65	1.96	38.7%
2019-09-30	0.72	0.09	0.63	1.86	38.8%
2019-06-30	0.81	0.08	0.73	1.94	41.7%
2019-03-31	0.82	0.08	0.74	1.93	42.3%
2018-12-31	0.04	0.06	-0.02Net Cash	1.05	3.8%
2018-09-30	0.00	0.07	-0.07Net Cash	0.98	0.4%
2018-06-30	0.10	0.06	0.04	1.08	8.9%
2018-03-31	0.18	0.04	0.14	1.12	16.0%
2017-12-31	0.09	0.09	0.00	0.99	8.9%
2017-09-30	0.07	0.08	-0.01Net Cash	0.94	7.5%
2017-06-30	0.01	0.06	-0.06Net Cash	0.86	0.7%
2017-03-31	0.08	0.05	0.03	0.88	8.7%
2016-12-31	0.01	0.13	-0.11Net Cash	0.80	1.5%
2016-09-30	0.00	0.12	-0.12Net Cash	0.69	0.0%
2016-06-30	0.01	0.07	-0.06Net Cash	0.67	0.8%
2016-03-31	0.08	0.04	0.04	0.71	11.1%
2015-12-31	0.01	0.05	-0.03Net Cash	0.63	2.4%
2015-09-30	0.03	0.04	-0.01Net Cash	0.64	4.2%
2015-06-30	0.04	0.03	0.02	0.68	6.2%
2015-03-31	0.09	0.02	0.07	0.73	12.9%
2014-12-31	0.02	0.04	-0.02Net Cash	0.62	2.4%
2014-09-30	0.11	0.03	0.07	0.63	17.3%
2014-06-30	0.06	0.03	0.03	0.70	8.6%
2014-03-31	0.14	0.02	0.12	0.83	17.0%
2013-12-31	0.03	0.04	-0.01Net Cash	0.66	3.9%
2013-09-30	0.11	0.04	0.07	0.65	16.5%
2013-06-30	0.04	0.03	0.01	0.72	5.4%
2013-03-31	0.08	0.03	0.05	0.76	10.4%
2012-12-31	0.11	0.05	0.06	0.64	16.8%
2012-09-30	0.11	0.06	0.05	0.68	15.7%
2012-06-30	0.00	0.03	-0.03Net Cash	0.81	0.0%
2012-03-31	0.00	0.05	-0.05Net Cash	0.86	0.0%
2011-12-31	0.00	0.04	-0.04Net Cash	0.73	0.0%
2011-09-30	0.00	0.06	-0.06Net Cash	0.77	0.0%
2011-06-30	0.00	0.07	-0.07Net Cash	0.90	0.0%
2011-03-31	0.00	0.03	-0.03Net Cash	0.95	0.0%
2010-12-31	0.00	0.06	-0.06Net Cash	0.88	0.0%
2010-09-30	0.00	0.11	-0.11Net Cash	0.91	0.0%
2010-06-30	0.00	0.05	-0.05Net Cash	0.93	0.0%
2010-03-31	0.03	0.04	-0.01Net Cash	0.97	3.2%
2009-12-31	0.00	0.08	-0.08Net Cash	0.88	0.0%
2009-09-30	0.00	0.10	-0.10Net Cash	0.89	0.0%
2009-06-30	0.00	0.05	-0.05Net Cash	0.97	0.0%
2009-03-31	0.16	0.02	0.14	0.95	17.0%
2008-12-31	0.09	0.04	0.05	0.88	10.2%
2008-09-30	0.04	0.05	-0.01Net Cash	0.87	4.6%
2008-06-30	0.14	0.05	0.08	1.03	13.1%
2008-03-31	0.16	0.04	0.12	1.04	14.9%
2007-12-31	0.04	0.05	-0.01Net Cash	0.86	4.3%
2007-09-30	0.00	0.03	-0.03Net Cash	0.83	0.1%
2007-06-30	0.06	0.05	0.01	0.98	5.7%
2007-03-31	0.15	0.03	0.12	1.01	15.4%
2006-12-31	0.08	0.05	0.03	0.85	9.5%
2006-09-30	0.06	0.05	0.01	0.82	7.4%
2006-06-30	0.11	0.05	0.06	0.92	12.0%
2006-03-31	0.09	0.02	0.06	0.90	9.5%
2005-12-31	0.00	0.05	-0.05Net Cash	0.76	0.0%
2005-09-30	0.00	0.05	-0.05Net Cash	0.79	0.0%
2005-06-30	0.05	0.04	0.01	0.86	5.8%
2005-03-31	0.06	0.03	0.03	0.82	7.2%
2004-12-31	0.01	0.03	-0.02Net Cash	0.74	1.8%
2004-09-30	0.00	0.07	-0.07Net Cash	0.76	0.0%
2004-06-30	0.02	0.04	-0.02Net Cash	0.85	2.4%
2004-03-31	0.00	0.02	-0.02Net Cash	0.89	0.0%
2003-12-31	0.00	0.05	-0.05Net Cash	0.75	0.1%
2003-09-30	0.00	0.07	-0.07Net Cash	0.81	0.0%
2003-06-30	0.00	0.14	-0.14Net Cash	0.79	0.2%
2003-03-31	0.00	0.08	-0.08Net Cash	0.75	0.3%
2002-12-31	0.00	0.11	-0.11Net Cash	0.68	0.5%
2002-09-30	0.00	0.10	-0.10Net Cash	0.70	0.5%
2002-06-30	0.00	0.09	-0.09Net Cash	0.74	0.6%
2002-03-31	0.00	0.07	-0.06Net Cash	0.73	0.7%
2001-12-31	0.01	0.09	-0.09Net Cash	0.65	0.9%
2001-09-30	0.00	0.11	-0.11Net Cash	0.68	0.0%
2001-06-30	0.00	0.13	-0.13Net Cash	0.75	0.0%
2001-03-31	0.00	0.10	-0.10Net Cash	0.72	0.0%
2000-12-31	0.00	0.10	-0.10Net Cash	0.63	0.0%
2000-09-30	0.00	0.12	-0.12Net Cash	0.66	0.0%
2000-06-30	0.00	0.09	-0.09Net Cash	0.67	0.0%
2000-03-31	0.00	0.07	-0.07Net Cash	0.64	0.0%
1999-12-31	0.00	0.11	-0.11Net Cash	0.62	0.0%
1999-09-30	0.01	0.08	-0.06Net Cash	0.64	2.1%
1999-06-30	0.05	0.03	0.02	0.64	7.6%
1999-03-31	0.03	0.02	0.00	0.62	4.1%
1998-12-31	0.08	0.05	0.04	0.66	12.8%
1998-09-30	0.05	0.03	0.02	0.68	7.4%
1998-06-30	0.06	0.04	0.03	0.68	9.5%
1998-03-31	0.03	0.01	0.02	0.63	4.7%
1997-12-31	0.00	0.03	-0.03Net Cash	0.56	0.0%
1997-09-30	0.00	0.04	-0.04Net Cash	0.57	0.0%
1997-06-30	0.00	0.15	-0.15Net Cash	0.52	0.0%
1997-03-31	0.00	0.11	-0.11Net Cash	0.47	0.0%
1996-12-31	0.00	0.11	-0.11Net Cash	0.43	0.0%
1996-09-30	0.00	0.14	-0.14Net Cash	0.44	0.7%
1996-06-30	0.00	0.11	-0.10Net Cash	0.40	0.8%