The firm's financial position appears highly vulnerable, evidenced by a precarious current ratio of 0.38 and a significant concentration of $12.8 million in goodwill relative to $16.2 million in total assets.
| Total Current Assets | 1.67M | 1.5M | 3.24M | 850.87K | 2.37M | 1.15M | 1.29M | 1.57M | 3.63M | 3.23M | 3.71M | 194 |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | 776K | 109.09K | 2.86M | 285.4K | 1.99M | 807.54K | 726.58K | 764.89K | 2.25M | 3.03M | 2.89M | 194 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - | - | - |
| Inventory | 71.86K | 0 | 92.23K | 0 | 0 | 0 | 493.26K | 504.16K | 12.99K | 2.67K | 700K | 0 |
| Days Inventory Outstanding | 72.7 | - | 31.59 | - | - | - | 182.31 | 152.54 | 4.04 | 1.17 | 3.5K | - |
| Other Current Assets | 28.27K | 627.84K | 103.94K | 270.55K | 247.99K | 18.31K | 31.11K | 562.32K | 127.26K | 42.46K | 49.8K | 0 |
| Total Non-Current Assets | 14.58M | 21.9M | 17.75M | 19.73M | 17.38M | 9.09M | 9.08M | 8.92M | 9.77M | 9.43M | 295 | 0 |
| Property, Plant & Equipment | 153.92K | 727 | 17.62K | 166.33K | 149.18K | 506.85K | 616.45K | 601.42K | 249.56K | 48.03K | 295 | 0 |
| Fixed Asset Turnover | -3.98x | - | 75.67x | 7.55x | 8.06x | 2.74x | 2.24x | 2.57x | 6.26x | 22.44x | 2089.65x | - |
| Goodwill | 12.81M | 12.81M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 1.61M | 2.16M | 0 | 0 | 0 | 0 | 0 | 0 | 1.26M | 1.58M | 0 | 0 |
| Long-Term Investments | 0 | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 16.25M | 23.4M | 20.99M | 20.58M | 19.75M | 10.24M | 10.37M | 10.49M | 13.4M | 12.67M | 3.71M | 194 |
| Asset Turnover | -0.02x | - | 0.06x | 0.06x | 0.06x | 0.14x | 0.13x | 0.15x | 0.12x | 0.09x | 0.17x | - |
| Asset Growth % | -47.75% | 11.51% | 1.96% | 4.21% | 92.85% | -1.2% | -1.18% | -21.69% | 5.74% | 241.81% | 1910471.13% | - |
| Total Current Liabilities | 4.44M | 14.15M | 13.88M | 6.76M | 3.58M | 4.4M | 2.59M | 2.84M | 1.14M | 5.36M | 160.32K | 5.6K |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 87.19K | 84.32K | 6.7K | 29 | 70.23K | 900 |
| Days Payables Outstanding | - | - | - | - | - | - | 32.23 | 25.51 | 2.08 | 0.01 | 350.82 | - |
| Short-Term Debt | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Revenue (Current) | 0 | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 2.38M | 10.89M | 127.55K | 3.97M | 1.14M | 1.65M | 1.04M | 1.02M | 573.03K | 3.09M | 0 | -22.2K |
| Current Ratio | 0.38x | 0.11x | 0.23x | 0.13x | 0.66x | 0.26x | 0.50x | 0.55x | 3.18x | 0.60x | 23.12x | 0.03x |
| Quick Ratio | 0.36x | 0.11x | 0.23x | 0.13x | 0.66x | 0.26x | 0.31x | 0.38x | 3.16x | 0.60x | 18.75x | 0.03x |
| Cash Conversion Cycle | 72.7 | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 76.84K | 23.52K | 0 | 6.45M | 5.01M | 2.76M | 3.66M | 3.19M | 1M | 1.51M | 16.84K | 5.6K |
| Long-Term Debt | 0 | 0 | 0 | 6.45M | 4.56M | 2.75M | 3.59M | 3.19M | 1M | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | 0 | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 4.52M | 14.17M | 13.88M | 13.21M | 8.59M | 7.16M | 6.25M | 6.03M | 2.14M | 5.36M | 160.32K | 5.6K |
| Total Debt | 1.42M | 6K | 7.84M | 8.64M | 4.57M | 3.3M | 3.73M | 3.19M | 1M | 1.5M | 0 | 4.7K |
| Net Debt | 642.18K | -103.09K | 4.98M | 8.35M | 2.58M | 2.49M | 3.01M | 2.43M | -1.25M | -1.53M | -2.89M | 4.51K |
| Debt / Equity | 0.12x | 0.00x | 1.10x | 1.17x | 0.41x | 1.07x | 0.91x | 0.71x | 0.09x | 0.21x | - | - |
| Debt / EBITDA | -0.15x | - | - | - | - | - | - | - | - | - | - | 0.03x |
| Net Debt / EBITDA | -0.07x | - | - | - | - | - | - | - | - | - | -37.50x | 0.03x |
| Interest Coverage | - | -11.03x | -2.24x | -11.36x | -2.34x | -44.34x | -74.13x | -29.57x | -24.42x | -28.32x | - | - |
| Total Equity | 11.72M | 9.23M | 7.1M | 7.37M | 11.16M | 3.08M | 4.12M | 4.47M | 11.25M | 7.31M | 3.55M | -5.41K |
| Equity Growth % | -12.96% | 29.95% | -3.61% | -33.97% | 261.79% | -25.08% | -7.8% | -60.32% | 53.98% | 106.1% | 65697.32% | - |
| Book Value per Share | 1.31 | 2.87 | 7.58 | 0.70 | 1.20 | 0.36 | 0.52 | 0.59 | 1.56 | 1.12 | 0.69 | -0.03 |
| Total Shareholders' Equity | 11.72M | 9.23M | 7.1M | 7.37M | 11.16M | 3.08M | 4.12M | 4.47M | 12.12M | 7.89M | 3.55M | -5.41K |
| Common Stock | 832 | 486 | 145 | 1.1K | 1K | 8.9K | 8.28K | 7.67K | 7.38K | 7.03K | 6.16K | 700 |
| Retained Earnings | -110.41M | -105.93M | -87.67M | -79.77M | -63.06M | -51.13M | -42.04M | -29.36M | -11.29M | -3.52M | -53.37K | -34.51K |
| Treasury Stock | -522.5K | -522.5K | -522.5K | -522.5K | -522.5K | -522.5K | -522.5K | -522.5K | -522.5K | 0 | 0 | 0 |
| Accumulated OCI | -235.13K | -234.82K | -225.42K | -225.15K | -206.56K | -158.69K | -183.93K | -251.17K | -230.28K | -85.42K | -87.99K | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -862.2K | -585.39K | 0 | 0 |
Imminent liquidity exhaustion
As reported in recent financial statements, ALBT's total assets have fluctuated significantly, dropping from $23.4 million in 2025Q4 to $16.2 million in 2026Q1, reflecting a deteriorating financial position that underscores the company's struggle to maintain a stable capital base while pivoting toward speculative biotechnology R&D activities.
The contraction in total assets suggests that the firm is consuming its resource base to fund ongoing operations in the absence of revenue. This downward trajectory indicates that the balance sheet is becoming increasingly fragile, leaving little room for error as the company attempts to advance its clinical pipeline.
Based on the most recent quarterly data, the company's current ratio stands at a precarious 0.38, which, when paired with a cash balance of only $776,000 as of 2026Q1, highlights an extreme lack of short-term liquidity to cover immediate operational obligations and clinical development costs.
A current ratio consistently below 1.0 suggests that the company lacks the liquid assets necessary to meet its short-term liabilities, placing it in a state of chronic financial distress. Investors should monitor this liquidity gap closely, as it likely necessitates further dilutive financing to prevent a total cessation of research activities.
According to the provided balance sheet data, the company's retained earnings have plummeted to a deficit of $110.4 million as of 2026Q1, a trend that reflects years of persistent operational losses and the erosion of shareholder value through continuous capital depletion and potential dilution.
The deep deficit in retained earnings indicates that the company has failed to generate profitable growth from its historical investments, forcing a reliance on external capital to sustain its existence. This persistent negative equity trend suggests that the firm's capital structure is heavily skewed toward funding past failures rather than future value creation.
As indicated by the 2026Q1 balance sheet, goodwill accounts for $12.8 million of the company's $16.2 million in total assets, a concentration that warrants significant skepticism regarding the actual realizable value of these intangible assets in a potential liquidation or restructuring scenario.
The heavy reliance on goodwill to prop up the asset side of the balance sheet suggests that the firm's book value may be significantly overstated relative to its tangible worth. If these intangible assets were to face impairment, the company's already strained equity position would likely collapse, further limiting its ability to secure non-dilutive funding.
Quick answers to the most common questions about buying ALBT stock.
As of 2025, Avalon GloboCare Corp. (ALBT) had total assets of $23.4M including $1.5M in current assets.
Avalon GloboCare Corp. (ALBT) carries total debt of $0.0M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Avalon GloboCare Corp. (ALBT) has total shareholders' equity (book value) of $9.2M ($2.87 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Avalon GloboCare Corp. (ALBT) reported a current ratio of 0.11x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.