The company's financial stability is increasingly precarious, with total assets declining to $170.0M and a debt-to-equity ratio of 0.52 as of 2026Q4.
| Total Current Assets | 121.74M | 201.64M | 221.75M | 312.35M | 368.14M | 132.07M | 54.8M | 40.52M |
| Cash & Short-Term Investments | 19.28M | 94.02M | 125.5M | 177.91M | 199.4M | 38.28M | 9.68M | 11.34M |
| Cash Only | 19.28M | 94.02M | 125.5M | 177.91M | 199.4M | 38.28M | 9.68M | 11.34M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 12.32M | 9.45M | 7.7M | 6.55M | 9.75M | 8.93M | 3.93M | 1.55M |
| Days Sales Outstanding | 11.39 | 7.13 | 5.73 | 4.47 | 7.02 | 8.61 | 6.39 | 2.96 |
| Inventory | 75.55M | 88.13M | 84.18M | 124.34M | 153.12M | 77.45M | 39.7M | 26.72M |
| Days Inventory Outstanding | 180.27 | 176.55 | 163.4 | 199.75 | 248.06 | 185.18 | 162.94 | 115.64 |
| Other Current Assets | 14.6M | 10.04M | 4.38M | 0 | 0 | 0 | 0 | 906K |
| Total Non-Current Assets | 48.25M | 59M | 76.84M | 88.07M | 65.92M | 18.8M | 9.89M | 6.03M |
| Property, Plant & Equipment | 41.98M | 49.75M | 58.33M | 76.74M | 57.68M | 13.46M | 7.14M | 5M |
| Fixed Asset Turnover | 9.41x | 9.73x | 8.40x | 6.98x | 8.80x | 28.12x | 31.40x | 38.29x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 1.57M | 5.43M | 11.92M | 4.09M | 3.84M | 2.07M | 1.34M | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 4.7M | 3.82M | 6.59M | 7.23M | 4.4M | 3.26M | 1.4M | 1.03M |
| Total Assets | 169.99M | 260.63M | 298.59M | 400.42M | 434.06M | 150.86M | 64.69M | 46.55M |
| Asset Turnover | 2.32x | 1.86x | 1.64x | 1.34x | 1.17x | 2.51x | 3.47x | 4.11x |
| Asset Growth % | -34.78% | -12.71% | -25.43% | -7.75% | 187.72% | 133.21% | 38.98% | - |
| Total Current Liabilities | 65.4M | 124.04M | 75.48M | 99.6M | 108.61M | 122.28M | 118.47M | 49.74M |
| Accounts Payable | 17.13M | 20.36M | 13.74M | 34.37M | 36.83M | 50.5M | 38.58M | 29.37M |
| Days Payables Outstanding | 40.88 | 40.8 | 26.67 | 55.22 | 59.67 | 120.74 | 158.38 | 127.13 |
| Short-Term Debt | 0 | 42.57M | 0 | 0 | 0 | 0 | 45.18M | 0 |
| Deferred Revenue (Current) | 22.22M | 21.25M | 25.96M | 27.77M | 31.55M | 27.18M | 0 | 0 |
| Other Current Liabilities | 0 | 8.09M | 25.62M | 8.64M | 13.18M | 1.43M | 13.89M | 20.37M |
| Current Ratio | 1.86x | 1.63x | 2.94x | 3.14x | 3.39x | 1.08x | 0.46x | 0.81x |
| Quick Ratio | 0.71x | 0.92x | 1.82x | 1.89x | 1.98x | 0.45x | 0.13x | 0.28x |
| Cash Conversion Cycle | 150.78 | 142.88 | 142.47 | 149 | 195.4 | 73.05 | 10.96 | -8.53 |
| Total Non-Current Liabilities | 32.57M | 37.07M | 83.73M | 130.28M | 108.39M | 187.55M | 21.62M | 42.81M |
| Long-Term Debt | 0 | 0 | 39.93M | 81.22M | 105.04M | 115.73M | 16.35M | 40.5M |
| Capital Lease Obligations | 32.47M | 36.8M | 42.6M | 47.24M | 28.85M | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 108K | 267K | 1.2M | 1.82M | -25.5M | 71.82M | 5.28M | 2.31M |
| Total Liabilities | 97.97M | 161.11M | 159.21M | 229.88M | 217M | 309.83M | 140.09M | 92.55M |
| Total Debt | 37.68M | 85.17M | 87.82M | 133.94M | 138.94M | 115.73M | 61.53M | 40.5M |
| Net Debt | 18.39M | -8.85M | -37.68M | -43.97M | -60.45M | 77.45M | 51.85M | 29.16M |
| Debt / Equity | 0.52x | 0.86x | 0.63x | 0.79x | 0.64x | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - |
| Interest Coverage | -20.02x | -10.79x | -7.51x | -10.33x | -11.50x | -1.87x | -4.79x | - |
| Total Equity | 72.02M | 99.53M | 139.38M | 170.54M | 217.06M | -158.97M | -75.4M | -46.01M |
| Equity Growth % | -27.64% | -28.6% | -18.27% | -21.43% | 236.54% | -110.84% | -63.9% | - |
| Book Value per Share | 8.35 | 11.36 | 15.73 | 19.30 | 27.79 | -23.08 | -9.04 | -5.52 |
| Total Shareholders' Equity | 72.02M | 99.53M | 139.38M | 170.54M | 217.06M | -158.97M | -75.4M | -46.01M |
| Common Stock | 1K | 1K | 1K | 1K | 1K | 0 | 0 | 0 |
| Retained Earnings | -418.86M | -379.77M | -346.82M | -309.83M | -248.25M | -179.95M | -148.56M | -117.07M |
| Treasury Stock | -26.5M | -24.73M | -6.22M | 0 | 0 | 0 | -4.75M | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | -434.06M | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Liquidity and capital exhaustion
As reported in recent financial statements, BARK's total assets have declined from $320.6M in 2024Q3 to $170.0M in 2026Q4, signaling a significant contraction in the company's operational footprint and a potential reduction in the scale of its proprietary product inventory and distribution infrastructure.
The consistent downward trend in total assets suggests that the company is rightsizing its operations in response to declining demand. Investors should monitor whether this reduction represents a strategic pivot toward efficiency or a forced liquidation of assets to preserve remaining liquidity.
Based on the latest quarterly figures, BARK's cash reserves have plummeted to $19.3M in 2026Q4 from a peak of $131.3M in 2024Q3, indicating that the company's current burn rate is rapidly depleting its primary buffer against operational shocks and potential market volatility.
The current liquidity position appears insufficient to support prolonged operating losses, especially given the historical volatility in working capital. This trend suggests that the company may soon face the necessity of external financing, which could prove dilutive to existing shareholders.
According to the balance sheet data, BARK's retained earnings have deteriorated to a negative $418.9M as of 2026Q4, reflecting a persistent history of net losses that continues to erode the company's total equity base and overall financial stability.
The deepening deficit highlights the challenge of achieving profitability within the current subscription-based model. The erosion of equity suggests that the company's value creation has been consistently negative, warranting caution regarding the long-term sustainability of the current capital structure.
As indicated by the 2026Q4 balance sheet, BARK maintains $37.7M in total debt, which, when contrasted with the company's dwindling $19.3M cash position, suggests a heightened risk profile regarding the firm's ability to service or refinance its obligations without further capital infusion.
While the debt-to-equity ratio of 0.52% may appear manageable in isolation, the combination of negative retained earnings and a shrinking cash balance creates a precarious financial position. This leverage, though modest, may become a significant burden if the company fails to stabilize its cash flow generation.
Quick answers to the most common questions about buying BARK stock.
As of 2026, BARK, Inc. (BARK) had total assets of $170.0M including $121.7M in current assets.
BARK, Inc. (BARK) carries total debt of $37.7M, offset by $19.3M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
BARK, Inc. (BARK) has total shareholders' equity (book value) of $72.0M ($8.35 book value per share). Book value represents the net worth of the company belonging to common stock holders.
BARK, Inc. (BARK) reported a current ratio of 1.86x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.