Aehr Test Systems (AEHR) quarterly balance sheet — complete assets, liabilities & equity history
Aehr Test Systems (AEHR) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | 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 |
|---|
| Total Current Assets | 195.88M | 184.45M | 95.9M | 88.19M | 84.05M | 88.78M | 91.7M | 88.52M | 92.92M | 97.85M | 92.35M | 91.77M | 96.21M | 89.03M | 76.58M | 65.53M | 59.33M | 60.01M | 55.27M | 56.08M |
| Cash & Short-Term Investments | 104.9M | 116.36M | 36.91M | 30.84M | 22.71M | 25.23M | 30.11M | 33.07M | 37.83M | 49.16M | 47.58M | 50.51M | 50.95M | 47.91M | 42.77M | 36.58M | 36.15M | 31.48M | 32.02M | 35.03M |
| Cash Only | 104.9M | 116.36M | 36.91M | 30.84M | 22.71M | 25.23M | 30.11M | 33.07M | 37.83M | 49.16M | 47.58M | 50.51M | 50.95M | 30.05M | 17.19M | 18.87M | 36.15M | 31.48M | 32.02M | 35.03M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.85M | 25.58M | 17.71M | 0 | 0 | 0 | 0 |
| Accounts Receivable | 26.63M | 17.47M | 11.81M | 10.28M | 13.05M | 17.79M | 11.99M | 7.53M | 8.56M | 10M | 5.81M | 6.62M | 13.16M | 16.59M | 11.39M | 10.16M | 5.12M | 12.86M | 8.54M | 7.39M |
| Days Sales Outstanding | 79.5 | 67.45 | 97.46 | 107.43 | 127.95 | 96.18 | 48.52 | 54.43 | 64.36 | 43.81 | 74.82 | 42.01 | 66.37 | 57.8 | 56.35 | 46.9 | 77.49 | 48.52 | 46.92 | 55.18 |
| Inventory | 53.12M | 41.35M | 41.16M | 42.72M | 41.84M | 42M | 42.33M | 43.78M | 42.97M | 37.47M | 38.09M | 33.82M | 31.56M | 23.91M | 21.62M | 17.97M | 17.23M | 15.05M | 14.15M | 13.03M |
| Days Inventory Outstanding | 324.1 | 320.02 | 549.57 | 524.28 | 526.16 | 390.84 | 352.19 | 490.14 | 605.89 | 426.34 | 742.35 | 284.02 | 239.72 | 194.09 | 213.85 | 232.01 | 239.91 | 136.78 | 137.67 | 207.12 |
| Other Current Assets | 11.22M | 9.26M | 6.02M | 4.35M | 6.45M | 3.76M | 7.27M | 4.14M | 3.56M | 1.22M | 0 | 810K | 540K | 621K | 808K | 823K | 833K | 613K | 559K | 622K |
| Total Non-Current Assets | 62.91M | 62.25M | 61.15M | 60.55M | 60.04M | 59.73M | 53.91M | 53.76M | 52.94M | 30.06M | 9.25M | 9.41M | 9.26M | 9.11M | 7.81M | 2.01M | 2.25M | 2.32M | 2.08M | 2.11M |
| Property, Plant & Equipment | 17.63M | 17.84M | 18.37M | 18.26M | 18.42M | 18.57M | 12.78M | 10.34M | 9.83M | 8.99M | 9.01M | 9.17M | 9.03M | 8.88M | 7.57M | 1.82M | 2.06M | 2.12M | 1.87M | 1.93M |
| Fixed Asset Turnover | 1.86x | 1.09x | 0.56x | 0.54x | 0.59x | 0.90x | 1.58x | 1.33x | 1.39x | 1.84x | 0.83x | 2.35x | 2.30x | 2.71x | 3.66x | 7.62x | 5.10x | 10.18x | 8.06x | 4.76x |
| Goodwill | 10.72M | 10.72M | 10.72M | 10.72M | 10.72M | 10.72M | 10.74M | 10.74M | 10.35M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 9.16M | 9.55M | 9.85M | 10.14M | 10.44M | 10.78M | 11.15M | 11.51M | 11.85M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 200K | 200K | 200K | 0 | 2.1M | 200K | 200K | 150K | 150K | 150K | 150K | 150K | 80K | 80K | 80K | 80K | 80K |
| Other Non-Current Assets | 277K | 305K | 331K | 148K | 384K | 346K | 453K | 476K | 2.36M | 104K | 84K | 88K | 72K | 81K | 91K | 104K | 107K | 121K | 134K | 102K |
| Total Assets | 258.78M | 246.69M | 157.05M | 148.73M | 144.09M | 148.51M | 145.61M | 142.28M | 145.86M | 127.91M | 101.6M | 101.17M | 105.47M | 98.14M | 84.4M | 67.54M | 61.58M | 62.33M | 57.35M | 58.19M |
| Asset Turnover | 0.13x | 0.10x | 0.07x | 0.07x | 0.07x | 0.10x | 0.13x | 0.09x | 0.10x | 0.14x | 0.07x | 0.21x | 0.20x | 0.24x | 0.23x | 0.23x | 0.17x | 0.34x | 0.26x | 0.23x |
| Asset Growth % | 79.59% | 66.11% | 7.86% | 4.54% | -1.21% | 16.1% | 43.32% | 40.63% | 38.3% | 30.33% | 20.38% | 49.79% | 71.28% | 57.46% | 47.15% | 16.08% | 156.56% | 187.69% | 203.61% | 240.04% |
| Total Current Liabilities | 27.4M | 17.86M | 8.74M | 8.3M | 11.91M | 15.64M | 16.06M | 11.72M | 15.42M | 10.51M | 9.18M | 7.96M | 19.25M | 16.31M | 9.39M | 10.75M | 9.9M | 11.01M | 12.82M | 16.55M |
| Accounts Payable | 12.5M | 6.75M | 2.1M | 3.55M | 3.38M | 6.73M | 6.96M | 4.85M | 5.57M | 5.33M | 4.98M | 4.18M | 8.33M | 9.21M | 4.99M | 3.95M | 3.39M | 4.2M | 3.31M | 3.39M |
| Days Payables Outstanding | 66.07 | 34.35 | 37.02 | 42.95 | 63.44 | 63.45 | 48.33 | 58.9 | 82.12 | 58.18 | 94.59 | 54.35 | 75.78 | 60.51 | 48.27 | 48.35 | 56.34 | 35.14 | 33.89 | 54.86 |
| Short-Term Debt | 0 | 626K | 606K | 585K | 905K | 909K | 1.17M | 858K | 827K | 465K | 428K | 397K | 275K | 137K | 68K | 551K | 741K | 794K | 778K | 763K |
| Deferred Revenue (Current) | 7.94M | 5.19M | 1.86M | 443K | 293K | 179K | 239K | 102K | 113K | 97K | 68K | 79K | 4.11M | 132K | 83K | 119K | 154K | 152K | 154K | 133K |
| Other Current Liabilities | 0 | 5.28M | 4.18M | 3.73M | 7.33M | 5.07M | 7.69M | 5.9M | 8.91M | 2.12M | 3.71M | 3.3M | 6.54M | 3.59M | 4.25M | 6.13M | 5.62M | 2.95M | 8.58M | 12.26M |
| Current Ratio | 7.15x | 10.33x | 10.97x | 10.62x | 7.06x | 5.68x | 5.71x | 7.55x | 6.03x | 9.31x | 10.06x | 11.53x | 5.00x | 5.46x | 8.16x | 6.10x | 5.99x | 5.45x | 4.31x | 3.39x |
| Quick Ratio | 5.21x | 8.01x | 6.26x | 5.47x | 3.54x | 2.99x | 3.07x | 3.82x | 3.24x | 5.75x | 5.91x | 7.28x | 3.36x | 3.99x | 5.85x | 4.43x | 4.25x | 4.08x | 3.21x | 2.60x |
| Cash Conversion Cycle | 337.54 | 353.12 | 610.01 | 588.76 | 590.68 | 423.57 | 352.39 | 485.67 | 588.13 | 411.97 | 722.58 | 271.67 | 230.31 | 191.38 | 221.93 | 230.57 | 261.05 | 150.17 | 150.69 | 207.44 |
| Total Non-Current Liabilities | 9.27M | 9.33M | 9.51M | 9.65M | 9.79M | 10M | 5.33M | 7.38M | 7.96M | 5.81M | 5.92M | 6.06M | 6.07M | 6.24M | 6.37M | 130K | 161K | 325K | 550K | 778K |
| Long-Term Debt | 0 | 9.26M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 9.15M | 0 | 9.42M | 9.58M | 9.71M | 9.92M | 5.27M | 5.57M | 5.88M | 5.73M | 5.88M | 6.02M | 6M | 6.16M | 6.32M | 65K | 73K | 212K | 415K | 616K |
| 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 | 37K | 72K | 40K | 40K | 40K | 42K | 40K | 1.76M | 2.02M | 38K | 41K | 42K | 41K | 41K | 42K | 40K | 41K | 44K | 45K | 46K |
| Total Liabilities | 36.67M | 27.18M | 18.25M | 17.96M | 21.7M | 25.64M | 21.4M | 19.1M | 23.38M | 16.32M | 15.1M | 14.02M | 25.32M | 22.54M | 15.76M | 10.88M | 10.06M | 11.34M | 13.37M | 17.32M |
| Total Debt | 9.8M | 9.88M | 10.03M | 10.16M | 10.62M | 10.83M | 6.44M | 6.43M | 6.71M | 6.2M | 6.31M | 6.41M | 6.27M | 6.3M | 6.39M | 616K | 814K | 1.01M | 1.19M | 1.38M |
| Net Debt | -95.1M | -106.48M | -26.89M | -20.67M | -12.09M | -14.4M | -23.67M | -26.64M | -31.13M | -42.96M | -41.27M | -44.1M | -44.68M | -23.75M | -10.8M | -18.26M | -35.33M | -30.48M | -30.83M | -33.65M |
| Debt / Equity | 0.04x | 0.05x | 0.07x | 0.08x | 0.09x | 0.09x | 0.05x | 0.05x | 0.05x | 0.06x | 0.07x | 0.07x | 0.08x | 0.08x | 0.09x | 0.01x | 0.02x | 0.02x | 0.03x | 0.03x |
| Debt / EBITDA | 1.45x | - | - | - | - | - | - | - | 9.25x | 2.13x | - | 1.14x | 1.47x | 1.10x | 1.62x | 0.17x | 1.49x | 0.17x | 0.51x | 1.74x |
| Net Debt / EBITDA | -14.08x | - | - | - | - | - | - | - | -42.93x | -14.75x | - | -7.86x | -10.51x | -4.13x | -2.74x | -5.09x | -64.59x | -5.16x | -13.21x | -42.44x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 752.00x |
| Total Equity | 222.11M | 219.51M | 138.79M | 130.78M | 122.39M | 122.87M | 124.21M | 123.18M | 122.48M | 111.59M | 86.5M | 87.15M | 80.14M | 75.6M | 68.63M | 56.67M | 51.52M | 50.99M | 43.99M | 40.86M |
| Equity Growth % | 81.47% | 78.65% | 11.74% | 6.17% | -0.07% | 10.11% | 43.6% | 41.34% | 52.83% | 47.61% | 26.03% | 53.8% | 55.57% | 48.27% | 56.03% | 38.68% | 261.99% | 345.36% | 319.53% | 278.63% |
| Book Value per Share | 6.63 | 7.16 | 4.52 | 4.35 | 4.09 | 4.12 | 4.18 | 4.15 | 4.13 | 3.79 | 3.00 | 2.93 | 2.70 | 2.56 | 2.34 | 1.95 | 1.79 | 1.78 | 1.52 | 1.44 |
| Total Shareholders' Equity | 222.11M | 219.51M | 138.79M | 130.78M | 122.39M | 122.87M | 124.21M | 123.18M | 122.48M | 111.59M | 86.5M | 87.15M | 80.14M | 75.6M | 68.63M | 56.67M | 51.52M | 50.99M | 43.99M | 40.86M |
| Common Stock | 327K | 325K | 310K | 306K | 300K | 299K | 298K | 297K | 295K | 289K | 289K | 288K | 288K | 285K | 283K | 277K | 274K | 271K | 269K | 268K |
| Retained Earnings | -25.75M | -30.19M | -31.58M | -28.37M | -25.14M | -23.06M | -20.16M | -19.52M | -18.49M | -19.15M | -43.01M | -41.54M | -47.63M | -52.31M | -58.42M | -62.55M | -66.27M | -66.86M | -72.66M | -74.9M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -136K | -105K | -84K | -110K | -95K | -126K | -181K | -191K | -134K | -158K | -144K | -134K | -141K | -155K | -162K | -155K | -150K | -105K | -131K | -108K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |