Company: CAPL
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001193125-25-267170
Chunk: 0

Company: CrossAmerica Partners LP
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 0
---
CROSSAMERICA PARTNERS LP

CONSOLIDATED BALANCE SHEETS

(Thousands of Dollars, except unit data)

(Unaudited)

     September 30,

     December 31,

     2025

     2024

     ASSETS

     Current assets:

     Cash and cash equivalents
      
     $
     5,766

     $
     3,381

     Accounts receivable, net of allowances of $635 and $757, respectively

     34,058

     31,603

     Accounts receivable from related parties

     514

     634

     Inventory

     60,967

     63,169

     Assets held for sale

     6,120

     8,994

     Current portion of interest rate swap contracts

     1,412

     2,958

     Other current assets

     8,519

     8,091

     Total current assets

     117,356

     118,830

     Property and equipment, net

     568,888

     656,300

     Right-of-use assets, net

     124,683

     136,430

     Intangible assets, net

     65,095

     77,242

     Goodwill

     99,409

     99,409

     Deferred tax assets

     1,379

     1,001

     Interest rate swap contracts, less current portion

     325

     5,133

     Other assets

     21,802

     20,380

     Total assets
      
     $
     998,937

     $
     1,114,725

     LIABILITIES AND EQUITY

     Current liabilities:

     Current portion of debt and finance lease obligations
      
     $
     3,412

     $
     3,266

     Current portion of operating lease obligations

     34,210

     35,065

     Accounts payable

     71,720

     73,986

     Accounts payable to related parties

     7,057

     7,729

     Current portion of interest rate swap contracts

     480

     —

     Accrued expenses and other current liabilities

     28,705

     24,044

     Motor fuel and sales taxes payable

     18,