ADMA Biologics, Inc. (ADMA) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 511.17M | 466.51M | 402.65M | 399.56M | 351.81M | 331.41M | 318.19M | 303.69M | 276.42M | 257.01M | 273.7M | 266.24M | 264.09M | 270.4M | 224.09M | 222.77M | 239.8M | 208.73M | 174.79M | 171.36M |
| Cash & Short-Term Investments | 138.15M | 87.63M | 61.38M | 90.28M | 71.63M | 103.15M | 86.71M | 88.24M | 45.33M | 51.35M | 74.16M | 62.51M | 69.2M | 86.52M | 34.91M | 52.42M | 69.5M | 51.09M | 34.41M | 42.41M |
| Cash Only | 138.15M | 87.63M | 61.38M | 90.28M | 71.63M | 103.15M | 86.71M | 88.24M | 45.33M | 51.35M | 74.16M | 62.51M | 69.2M | 86.52M | 34.91M | 52.42M | 69.5M | 51.09M | 34.41M | 42.41M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 135.86M | 158.43M | 137.67M | 109.73M | 99.41M | 50M | 50.14M | 30.11M | 49.62M | 27.42M | 31.32M | 36.73M | 26.52M | 15.51M | 20.9M | 18.88M | 25.63M | 28.58M | 20.39M | 23.54M |
| Days Sales Outstanding | 115.67 | 97.88 | 84.79 | 78.01 | 58.57 | 39.19 | 30.8 | 33.85 | 42.81 | 36.56 | 46.53 | 47.87 | 33.23 | 33.51 | 44.54 | 59.74 | 83.82 | 85.38 | 97.73 | 99.28 |
| Inventory | 222.1M | 206.47M | 196.67M | 191.46M | 172.19M | 170.24M | 171.8M | 179.81M | 177.73M | 172.91M | 163.12M | 161.78M | 163.98M | 163.28M | 162.91M | 146.08M | 139.15M | 124.72M | 114.12M | 99.7M |
| Days Inventory Outstanding | 571.54 | 368.33 | 304.69 | 302.17 | 286.92 | 290.2 | 268.76 | 327.08 | 373.05 | 361 | 350.65 | 341.27 | 364.52 | 419.08 | 452.18 | 496.55 | 466.73 | 480.38 | 484.64 | 468.34 |
| Other Current Assets | 15.06M | 13.99M | 6.93M | 8.09M | 8.59M | 8.03M | 9.54M | 5.52M | 3.74M | 5.33M | 5.11M | 5.22M | 4.38M | 5.09M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 154.01M | 157.73M | 166.03M | 158.82M | 158.75M | 157.27M | 72.42M | 72.71M | 74.46M | 72.17M | 75.3M | 76.78M | 76.7M | 78.06M | 76.46M | 74.16M | 68.23M | 67.52M | 63.86M | 61.46M |
| Property, Plant & Equipment | 71.41M | 71.71M | 78.78M | 66.46M | 65.73M | 63.34M | 53.69M | 63.48M | 64.71M | 63.47M | 64.57M | 66.31M | 67.62M | 68.75M | 67.28M | 65.5M | 60.33M | 58.2M | 55.08M | 53.32M |
| Fixed Asset Turnover | 1.60x | 1.85x | 1.85x | 1.85x | 1.78x | 2.01x | 2.05x | 1.67x | 1.28x | 1.15x | 1.03x | 0.90x | 0.83x | 0.73x | 0.62x | 0.54x | 0.49x | 0.47x | 0.38x | 0.34x |
| Goodwill | 3.53M | 3.53M | 3.53M | 3.53M | 3.53M | 3.53M | 3.53M | 3.53M | 3.53M | 3.53M | 3.53M | 3.53M | 3.53M | 3.53M | 3.53M | 3.53M | 3.53M | 3.53M | 3.53M | 3.53M |
| Intangible Assets | 630K | 632K | 491K | 527K | 452K | 460K | 485K | 479K | 321K | 499K | 476.9K | 655.74K | 834.58K | 1.01M | 1.19M | 1.37M | 1.55M | 1.73M | 1.91M | 2.09M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 8.47M | 8.6M | 8.8M | 9.06M | 8.19M | 5.66M | 14.72M | 5.22M | 5.89M | 4.67M | 6.72M | 6.29M | 4.72M | 4.77M | 4.46M | 3.76M | 2.83M | 4.07M | 3.33M | 2.53M |
| Total Assets | 665.18M | 624.24M | 568.69M | 558.38M | 510.57M | 488.68M | 390.62M | 376.4M | 350.88M | 329.18M | 349M | 343.03M | 340.79M | 348.46M | 300.56M | 296.93M | 308.03M | 276.25M | 238.64M | 232.81M |
| Asset Turnover | 0.18x | 0.23x | 0.24x | 0.23x | 0.23x | 0.27x | 0.31x | 0.29x | 0.24x | 0.22x | 0.19x | 0.18x | 0.17x | 0.15x | 0.14x | 0.11x | 0.10x | 0.10x | 0.09x | 0.08x |
| Asset Growth % | 30.28% | 27.74% | 45.59% | 48.35% | 45.51% | 48.45% | 11.93% | 9.73% | 2.96% | -5.53% | 16.12% | 15.52% | 10.63% | 26.14% | 25.95% | 27.54% | 30.71% | 33.02% | 25.62% | 21.55% |
| Total Current Liabilities | 73.54M | 69.54M | 56.49M | 74.94M | 53.5M | 55.54M | 44.89M | 44.18M | 53.09M | 49.81M | 41.84M | 41.95M | 36.73M | 39.27M | 44.44M | 28.07M | 31.57M | 30.38M | 32.34M | 18.19M |
| Accounts Payable | 20.52M | 22.52M | 24.02M | 29.77M | 20.61M | 20.22M | 16.02M | 14.18M | 17.19M | 15.66M | 10.85M | 12.08M | 12.96M | 13.23M | 25.2M | 11.39M | 14.12M | 12.43M | 17.28M | 6.17M |
| Days Payables Outstanding | 57.4 | 42.52 | 42.23 | 41.86 | 34.21 | 30.75 | 23.08 | 28.69 | 34.95 | 28.48 | 24.75 | 26.23 | 29.17 | 49.37 | 53.54 | 44.4 | 46.95 | 59.76 | 53.15 | 44.26 |
| Short-Term Debt | 4.46M | 3.91M | 3.64M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 1.37M | 1.41M | 0 | 143K | 143K | 143K | 143K | 1.13M | 1.12M | 182K | 142.83K | 142.83K | 142.83K | 143K | 142.83K | 142.83K | 142.83K | 142.83K | 142.83K | 142.83K |
| Other Current Liabilities | 47.19M | 41.71M | 23.28M | 17.49M | 2.05M | 1.85M | 3.31M | 2.29M | 2.38M | 2.37M | 2.61M | 2.2M | 2.04M | 1.8M | 2.11M | 3.03M | 3.09M | 16.05M | 2.51M | 1.94M |
| Current Ratio | 6.95x | 6.71x | 7.13x | 5.33x | 6.58x | 5.97x | 7.09x | 6.87x | 5.21x | 5.16x | 6.54x | 6.35x | 7.19x | 6.89x | 5.04x | 7.94x | 7.60x | 6.87x | 5.41x | 9.42x |
| Quick Ratio | 3.93x | 3.74x | 3.65x | 2.78x | 3.36x | 2.90x | 3.26x | 2.80x | 1.86x | 1.69x | 2.64x | 2.49x | 2.73x | 2.73x | 1.38x | 2.73x | 3.19x | 2.77x | 1.88x | 3.94x |
| Cash Conversion Cycle | 629.8 | 423.68 | 347.25 | 338.32 | 311.28 | 298.64 | 276.48 | 332.23 | 380.91 | 369.08 | 372.42 | 362.9 | 368.58 | 403.22 | 443.18 | 511.89 | 503.6 | 506 | 529.22 | 523.36 |
| Total Non-Current Liabilities | 201.32M | 77.38M | 81.01M | 85.11M | 83.65M | 84.12M | 113.84M | 143.95M | 144.08M | 144.17M | 155.72M | 154.31M | 158.41M | 157.22M | 155.73M | 154.46M | 149.53M | 104.7M | 103.52M | 103.03M |
| Long-Term Debt | 199.95M | 75.98M | 70.08M | 73.4M | 72.53M | 72.34M | 101.33M | 131.07M | 130.85M | 130.59M | 142.03M | 140.31M | 144.3M | 142.83M | 141.37M | 139.81M | 138.42M | 94.87M | 94.36M | 93.88M |
| Capital Lease Obligations | 0 | 0 | 9.4M | 9.3M | 8.3M | 8.56M | 8.87M | 9.18M | 9.49M | 9.78M | 9.97M | 10.22M | 10.47M | 10.7M | 10.64M | 10.87M | 7.28M | 7.46M | 6.92M | 7.07M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.37M | 1.41M | 90K | 940K | 1.31M | 1.67M | 3.65M | 2.08M | 2.09M | 2.11M | 2M | 2.02M | 1.84M | 1.85M | 1.86M | 1.87M | 1.89M | 397.35K | 232.66K | 36.15K |
| Total Liabilities | 274.86M | 146.92M | 137.5M | 160.06M | 137.15M | 139.66M | 158.73M | 188.13M | 197.17M | 193.98M | 197.56M | 196.26M | 195.13M | 196.49M | 200.17M | 182.53M | 181.1M | 135.08M | 135.86M | 121.22M |
| Total Debt | 204.41M | 79.89M | 83.12M | 83.83M | 82.01M | 82.12M | 111.38M | 141.4M | 141.43M | 141.42M | 152.97M | 151.51M | 155.73M | 154.44M | 152.72M | 151.26M | 146.36M | 102.92M | 101.78M | 101.34M |
| Net Debt | 66.25M | -7.75M | 21.74M | -6.46M | 10.39M | -21.03M | 24.68M | 53.15M | 96.1M | 90.07M | 78.82M | 89M | 86.52M | 67.92M | 117.82M | 98.85M | 76.86M | 51.83M | 67.37M | 58.93M |
| Debt / Equity | 0.52x | 0.17x | 0.19x | 0.21x | 0.22x | 0.24x | 0.48x | 0.75x | 0.92x | 1.05x | 1.01x | 1.03x | 1.07x | 1.02x | 1.52x | 1.32x | 1.15x | 0.73x | 0.99x | 0.91x |
| Debt / EBITDA | 3.51x | 1.23x | 1.57x | 1.87x | 2.23x | 2.04x | 2.68x | 3.43x | 5.91x | 8.65x | 14.19x | 93.24x | 127.64x | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 1.14x | -0.12x | 0.41x | -0.14x | 0.28x | -0.52x | 0.59x | 1.29x | 4.02x | 5.51x | 7.31x | 54.77x | 70.92x | - | - | - | - | - | - | - |
| Interest Coverage | 27.75x | 38.88x | 29.37x | 22.86x | 17.94x | 13.06x | 11.50x | 10.48x | 5.88x | -1.84x | 1.40x | -0.01x | -0.11x | -1.13x | -1.67x | -2.01x | -6.38x | -4.02x | -4.37x | -4.82x |
| Total Equity | 390.32M | 477.32M | 431.19M | 398.32M | 373.42M | 349.02M | 231.89M | 188.27M | 153.71M | 135.21M | 151.44M | 146.76M | 145.65M | 151.97M | 100.38M | 114.4M | 126.93M | 141.17M | 102.78M | 111.59M |
| Equity Growth % | 4.53% | 36.76% | 85.94% | 111.57% | 142.94% | 158.14% | 53.13% | 28.28% | 5.53% | -11.03% | 50.86% | 28.29% | 14.75% | 7.65% | -2.33% | 2.52% | 12.83% | 59.97% | 44% | 45.15% |
| Book Value per Share | 1.63 | 1.96 | 1.76 | 1.60 | 1.53 | 1.42 | 0.95 | 0.78 | 0.65 | 0.60 | 0.65 | 0.66 | 0.66 | 0.75 | 0.51 | 0.58 | 0.65 | 0.78 | 0.77 | 0.88 |
| Total Shareholders' Equity | 390.32M | 477.32M | 431.19M | 398.32M | 373.42M | 349.02M | 231.89M | 188.27M | 153.71M | 135.21M | 151.44M | 146.76M | 145.65M | 151.97M | 100.38M | 114.4M | 126.93M | 141.17M | 102.78M | 111.59M |
| Common Stock | 24K | 24K | 24K | 24K | 24K | 24K | 24K | 23K | 23K | 23K | 22.6K | 22.45K | 22.23K | 22K | 19.68K | 19.64K | 19.64K | 19.58K | 13.83K | 13.19K |
| Retained Earnings | -116.33M | -161.65M | -211.03M | -247.46M | -281.68M | -308.58M | -420.48M | -456.39M | -488.45M | -506.26M | -488.61M | -491.18M | -484.81M | -478.02M | -465.78M | -450.89M | -437.12M | -412.11M | -395.46M | -377.75M |
| Treasury Stock | 0 | 0 | -23.19M | -15.15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |