The company's financial foundation remains fragile, evidenced by a substantial accumulated deficit of $135.5M as of 2026Q1, despite maintaining a low debt-to-equity ratio of 0.03.
| Total Current Assets | 46.92M | 51.81M | 34.93B | 678.38K | 37.49M | 62.06M | 42.7K |
| Cash & Short-Term Investments | 16.71M | 23.08M | 619.55K | 619.55K | 9.1M | 10.68M | 21.87K |
| Cash Only | 16.71M | 23.08M | 619.55K | 619.55K | 9.09M | 10.65M | 21.87K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 3.6K | 26.54K | 0 |
| Accounts Receivable | 820.93K | 5.14M | 1.74M | 58.83K | 1.03M | 2.07M | 0 |
| Days Sales Outstanding | 142.8 | 128.48 | 58.43 | 5.37 | 41.3 | 56.65 | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - |
| Other Current Assets | 29.39M | 23.58M | 27.4B | -58.83K | 26.96M | 48.6M | 0 |
| Total Non-Current Assets | 27M | 25.81M | 25.96B | 54.8M | 3.1M | 2.28M | 157.92K |
| Property, Plant & Equipment | 627.06K | 124.68K | 179.27M | 342.42K | 180.55K | 343.64K | 0 |
| Fixed Asset Turnover | 59.33x | 117.21x | 0.06x | 11.69x | 50.34x | 38.74x | - |
| Goodwill | 6.14M | 6.14M | 6.14B | 7.71M | 0 | 0 | 0 |
| Intangible Assets | 0 | 12.32M | 0 | 14.15M | 0 | 0 | 0 |
| Long-Term Investments | 257.29K | 128.65K | 87.5K | 54.8M | 0 | 0 | 0 |
| Other Non-Current Assets | 20.23M | 7.09M | 19.64B | -22.2M | 2.92M | 1.93M | 157.92K |
| Total Assets | 73.92M | 77.62M | 60.89B | 55.48M | 40.59M | 64.33M | 200.62K |
| Asset Turnover | 0.22x | 0.19x | 0.00x | 0.07x | 0.22x | 0.21x | - |
| Asset Growth % | 110.39% | -99.87% | 109660.6% | 36.68% | -36.91% | 31967.47% | - |
| Total Current Liabilities | 30.82M | 33.17M | 41B | 12.06M | 29.76M | 53.5M | 181.04K |
| Accounts Payable | 0 | 3.69M | 24.89M | 5.51M | 28.74M | 50.7M | 940 |
| Days Payables Outstanding | 655.31 | 411.73 | 4.32K | 1.55K | 4.4K | 12.05K | - |
| Short-Term Debt | 309.96K | 509.63K | 215.17M | 480K | 0 | 0 | 130.1K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 30.51M | 28.85M | 40.76B | 4.55M | -207.03K | -268.85K | 50K |
| Current Ratio | 1.52x | 1.56x | 0.85x | 0.06x | 1.26x | 1.16x | 0.24x |
| Quick Ratio | 1.52x | 1.56x | 0.85x | 0.06x | 1.26x | 1.16x | 0.24x |
| Cash Conversion Cycle | -512.51 | - | - | - | - | - | - |
| Total Non-Current Liabilities | 20.84M | 22.76M | 26.69B | 307.66K | 889.77K | 992.82K | 0 |
| Long-Term Debt | 327.69K | 14.08M | 789.61M | 0 | 650K | 650K | 0 |
| Capital Lease Obligations | 123.67K | 11.58K | 0 | 0 | 39.77K | 142.82K | 0 |
| Deferred Tax Liabilities | 9.73M | 3.4M | 3.37B | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 17.39M | 5.27M | 22.53B | 307.66K | 200K | 200K | 0 |
| Total Liabilities | 51.66M | 55.94M | 67.69B | 12.37M | 30.65M | 54.49M | 181.04K |
| Total Debt | 637.64K | 14.72M | 480K | 480K | 805.72K | 943.64K | 130.1K |
| Net Debt | -16.07M | -8.36M | -139.55K | -139.55K | -8.29M | -9.71M | 108.23K |
| Debt / Equity | 0.03x | 0.68x | - | 0.01x | 0.08x | 0.10x | 6.64x |
| Debt / EBITDA | -0.12x | - | - | - | - | 0.89x | - |
| Net Debt / EBITDA | 2.93x | - | - | - | - | -9.18x | - |
| Interest Coverage | 1.79x | 1.38x | - | - | 3.12x | 26.92x | - |
| Total Equity | 22.26M | 21.68M | -6.8B | 43.11M | 9.94M | 9.85M | 19.58K |
| Equity Growth % | 664.7% | 100.32% | -15869.29% | 333.83% | 0.92% | 50185.16% | - |
| Book Value per Share | 0.15 | 0.13 | -1135.18 | 3.61 | 23.70 | 0.43 | 0.00 |
| Total Shareholders' Equity | 22.26M | 21.68M | -6.8B | 43.11M | 9.94M | 9.85M | 19.58K |
| Common Stock | 14.98K | 14.46K | 4.02M | 503 | 41K | 41K | 503 |
| Retained Earnings | -135.5M | -133.57M | -142.52B | -11.51M | 9.59M | 9.5M | -5.42K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | -41.09K | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Regulatory capital and liquidity
As reported in recent financial statements, ATCH's total assets have fluctuated significantly, reaching $73.9M in 2026Q1, while the company's equity position has only recently returned to positive territory after prolonged periods of negative shareholder equity, signaling a fragile recovery in the firm's underlying financial foundation.
The transition from negative equity in 2025Q1 to a positive $22.3M in 2026Q1 suggests a stabilization effort, yet the historical trend of deep deficits warrants caution. Investors should monitor whether this improvement is driven by sustainable operational success or merely by capital injections that may not repeat.
Based on quarterly filings, the current ratio has shown erratic movement, peaking at 1.56 in 2025Q4 before settling at 1.52 in 2026Q1, which indicates that the company's ability to cover short-term obligations remains highly sensitive to cash fluctuations and the timing of operational cash outflows.
While the current ratio appears improved compared to the sub-1.0 levels seen in 2024 and early 2025, the absolute cash position of $16.7M remains modest given the company's high fixed-cost structure. This liquidity profile suggests limited room for error should market volumes for its clearing clients decline unexpectedly.
According to the balance sheet data, the company carries a substantial accumulated deficit of $135.5M as of 2026Q1, which continues to weigh heavily on the equity base and highlights the significant capital consumption required to build out the current clearing and settlement infrastructure.
The persistent negative retained earnings suggest that the business has yet to achieve a self-sustaining model where operations generate sufficient capital to offset historical losses. This reliance on external financing to maintain equity levels may lead to future dilution if the company fails to reach profitability.
As evidenced by the company's financial disclosures, the reliance on clearing licenses necessitates strict capital maintenance, yet the low debt-to-equity ratio of 0.03 in 2026Q1 may be misleading, as it ignores the operational necessity of maintaining high liquid capital buffers to satisfy regulatory requirements.
While the headline leverage appears low, the company's operational reality is constrained by the need to hold capital that cannot be deployed for growth. This structural requirement effectively limits the firm's financial flexibility, making the balance sheet appear stronger than it may be in a stressed regulatory environment.
Quick answers to the most common questions about buying ATCH stock.
As of 2025, AtlasClear Holdings, Inc. (ATCH) had total assets of $77.6M including $51.8M in current assets.
AtlasClear Holdings, Inc. (ATCH) carries total debt of $14.7M, offset by $23.1M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
AtlasClear Holdings, Inc. (ATCH) has total shareholders' equity (book value) of $21.7M ($0.13 book value per share). Book value represents the net worth of the company belonging to common stock holders.
AtlasClear Holdings, Inc. (ATCH) reported a current ratio of 1.56x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.