BrainsWay Ltd. (BWAY) quarterly balance sheet — complete assets, liabilities & equity history
BrainsWay Ltd. (BWAY) balance sheet — 14-year assets, liabilities & shareholders' equity history
| Metric | 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 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 81.42M | 78.63M | 84.89M | 82.93M | 89.49M | 84.66M | 79.67M | 57.33M | 57.34M | 57.39M | 55.47M | 52.55M | 52.07M | 56.15M | 58.09M | 60.19M | 63.73M | 64.14M | 65.45M | 64.85M |
| Cash & Short-Term Investments | 62.36M | 59.77M | 69.13M | 70.46M | 78M | 71.6M | 69.34M | 48.13M | 48.14M | 47.58M | 45.98M | 44.16M | 43.44M | 44.32M | 47.58M | 49.62M | 52.45M | 54.66M | 57.35M | 55.34M |
| Cash Only | 62.36M | 58.64M | 67.7M | 70.46M | 67.91M | 71.6M | 69.34M | 48.13M | 48.14M | 12.38M | 10.52M | 43.89M | 43.17M | 44.05M | 47.58M | 49.35M | 52.17M | 14.11M | 16.92M | 14.98M |
| Short-Term Investments | 0 | 1.14M | 1.43M | 0 | 10.09M | 0 | 0 | 0 | 0 | 35.2M | 35.47M | 271K | 271K | 271K | 0 | 271K | 271K | 40.55M | 40.43M | 40.35M |
| Accounts Receivable | 7.03M | 7.53M | 4.11M | 5.13M | 3.87M | 6.95M | 4.6M | 3.52M | 3.87M | 4.34M | 3.78M | 3.42M | 3.42M | 5.35M | 4.84M | 5.6M | 7.41M | 6.39M | 6.33M | 9.52M |
| Days Sales Outstanding | 38.08 | 33.73 | 29.22 | 30.64 | 38.99 | 45.05 | 32.71 | 32.36 | 37.32 | 40.62 | 36.67 | 37.87 | 50.95 | 69.24 | 79.62 | 115.8 | 78.42 | 71.81 | 86.08 | 105.89 |
| Inventory | 7.31M | 7.08M | 7.13M | 4.42M | 4.19M | 4.68M | 4.43M | 3.69M | 3.77M | 3.83M | 3.72M | 3.5M | 3.3M | 4.74M | 3.84M | 3.23M | 2.31M | 1.54M | 200K | 0 |
| Days Inventory Outstanding | 148.26 | 165.86 | 155.06 | 118.09 | 128.82 | 140.04 | 128.6 | 123.31 | 140.06 | 150.45 | 145.05 | 146.89 | 174.55 | 215.28 | 188.15 | 190.24 | 79.89 | 41.89 | 9.65 | - |
| Other Current Assets | 4.72M | 4.24M | 4.51M | 2.93M | 3.43M | 1.42M | 1.3M | 1.99M | 1.57M | 1.64M | 691K | 1.46M | 1.91M | 1.74M | 1.83M | 1.74M | 1.56M | 1.56M | 388K | 0 |
| Total Non-Current Assets | 40.55M | 38.37M | 28.03M | 30.13M | 22.07M | 15.54M | 14.65M | 14.77M | 8.3M | 7.75M | 7.51M | 7.23M | 7.18M | 5.81M | 6.39M | 7.47M | 8.03M | 9.05M | 10.29M | 9.23M |
| Property, Plant & Equipment | 13.39M | 12.91M | 12.17M | 14.02M | 13.17M | 12.24M | 11.95M | 12.5M | 6.24M | 5.87M | 5.79M | 5.83M | 5.96M | 4.75M | 5.35M | 6.61M | 7.03M | 8.06M | 9.33M | 9.05M |
| Fixed Asset Turnover | 1.32x | 1.24x | 1.11x | 0.99x | 0.99x | 0.95x | 0.93x | 1.12x | 1.65x | 1.56x | 1.55x | 1.41x | 1.46x | 1.31x | 1.01x | 0.76x | 1.06x | 0.92x | 0.92x | 0.88x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 25M | 23.16M | 14.34M | 12.57M | 5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 2.16M | 2.31M | 1.52M | 3.54M | 3.9M | 3.3M | 1.64M | 2.27M | 2.05M | 1.88M | 1.72M | 1.4M | 1.22M | 1.06M | 766K | 863K | 999K | 987K | 954K | 175K |
| Total Assets | 121.97M | 117M | 112.92M | 113.06M | 111.56M | 100.2M | 94.32M | 72.1M | 65.63M | 65.14M | 62.97M | 59.77M | 59.25M | 61.95M | 64.48M | 67.67M | 71.76M | 73.19M | 75.73M | 74.08M |
| Asset Turnover | 0.15x | 0.14x | 0.13x | 0.12x | 0.12x | 0.12x | 0.14x | 0.15x | 0.15x | 0.14x | 0.15x | 0.14x | 0.13x | 0.10x | 0.09x | 0.07x | 0.11x | 0.11x | 0.11x | 0.11x |
| Asset Growth % | 9.33% | 16.77% | 19.72% | 56.81% | 69.99% | 53.81% | 49.77% | 20.62% | 10.78% | 5.15% | -2.33% | -11.66% | -17.44% | -15.35% | -14.86% | -8.66% | -3.66% | -3.82% | 122.67% | 115.47% |
| Total Current Liabilities | 22.67M | 23.55M | 22.16M | 25.99M | 25.51M | 16.85M | 15.35M | 12.69M | 12.2M | 12.82M | 9.76M | 8.26M | 7.46M | 9.16M | 8.14M | 8.79M | 8.27M | 8.13M | 9.07M | 7.75M |
| Accounts Payable | 2.5M | 2.93M | 2.43M | 2.79M | 1.21M | 2.1M | 2.87M | 1.27M | 1.61M | 892K | 758K | 493K | 539K | 584K | 1.12M | 1.29M | 1.66M | 601K | 1.1M | 961K |
| Days Payables Outstanding | 55.96 | 62.51 | 70.05 | 54.88 | 48.11 | 76.47 | 65.55 | 47.6 | 46.11 | 32.88 | 25.13 | 22.28 | 24.39 | 42.69 | 63.91 | 100.99 | 46.89 | 41.05 | 49.79 | 40.35 |
| Short-Term Debt | 1.24M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 10.23M | 11.69M | 12.23M | 16.1M | 17.05M | 8.36M | 5.73M | 4.82M | 4.92M | 5.48M | 3.51M | 1.69M | 1.98M | 2.26M | 1.48M | 3.58M | 1.97M | 2.24M | 2.19M | 1.63M |
| Other Current Liabilities | 8.7M | 0 | 0 | 0 | 0 | 0 | 2.72M | 600K | 5.67M | 1.03M | 2.06M | 1.43M | 905K | 1.16M | 2.92M | 0 | 1.01M | 952K | 2.12M | 1.23M |
| Current Ratio | 3.59x | 3.34x | 3.83x | 3.19x | 3.51x | 5.03x | 5.19x | 4.52x | 4.70x | 4.48x | 5.68x | 6.36x | 6.98x | 6.13x | 7.14x | 6.85x | 7.71x | 7.89x | 7.22x | 8.37x |
| Quick Ratio | 3.27x | 3.04x | 3.51x | 3.02x | 3.34x | 4.75x | 4.90x | 4.23x | 4.39x | 4.18x | 5.30x | 5.94x | 6.54x | 5.61x | 6.66x | 6.48x | 7.43x | 7.70x | 7.20x | 8.37x |
| Cash Conversion Cycle | 130.37 | 137.08 | 114.23 | 93.86 | 119.69 | 108.63 | 95.76 | 108.07 | 131.27 | 158.18 | 156.59 | 162.48 | 201.11 | 241.83 | 203.86 | 205.06 | 111.43 | 72.66 | 45.94 | - |
| Total Non-Current Liabilities | 15.72M | 17.65M | 17.53M | 17M | 17.92M | 19.6M | 16.66M | 15.38M | 10.45M | 10.32M | 11.63M | 10.29M | 10.43M | 9.87M | 10.94M | 9.96M | 9.83M | 9.35M | 9.34M | 8.07M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 5.89M | 5.6M | 5.74M | 5.71M | 5.22M | 4.75M | 4.8M | 0 | 4.37M | 0 | 239K | 0 | 0 | 0 | 254K | 0 | 0 | 0 | 254K | 0 |
| 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 | 0 | 0 | 0 | 11.29M | 12.71M | 2.13M | 2.43M | 6.35M | 6.09M | 5.84M | 6.08M | 5.37M | 5.58M | 5.11M | 6.02M | 0 | 5.95M | 5.75M | 5.93M | 5.65M |
| Total Liabilities | 42.79M | 41.2M | 39.7M | 43M | 43.43M | 36.45M | 32M | 28.07M | 22.65M | 23.15M | 21.39M | 18.56M | 17.89M | 19.04M | 19.08M | 18.76M | 18.09M | 17.48M | 18.41M | 15.82M |
| Total Debt | 7.13M | 6.71M | 6.82M | 6.75M | 6.13M | 5.57M | 5.62M | 0 | 4.37M | 0 | 471K | 0 | 0 | 0 | 488K | 0 | 0 | 0 | 754K | 0 |
| Net Debt | -55.23M | -51.93M | -60.88M | -63.71M | -61.78M | -66.04M | -63.72M | -48.13M | -43.77M | -12.38M | -10.05M | -43.89M | -43.17M | -44.05M | -47.09M | -49.35M | -52.17M | -14.11M | -16.17M | -14.98M |
| Debt / Equity | 0.09x | 0.09x | 0.09x | 0.10x | 0.09x | 0.09x | 0.09x | - | 0.10x | - | 0.01x | - | - | - | 0.01x | - | - | - | 0.01x | - |
| Debt / EBITDA | 2.48x | 2.71x | 3.01x | 4.07x | 6.35x | 5.74x | 4.94x | - | 4.94x | - | 0.05x | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -19.16x | -21.02x | -26.84x | -38.45x | -63.96x | -68.08x | -55.94x | -66.02x | -49.51x | -30.20x | -0.96x | -220.57x | - | - | - | - | - | - | - | - |
| Interest Coverage | 2.72x | 8.55x | 6.85x | 4.17x | 3.67x | 3.16x | 3.91x | 2.97x | 2.75x | 1.66x | 7.78x | -0.62x | -1.56x | - | -210.36x | -49.19x | -6.10x | -4.57x | -3.83x | -3.43x |
| Total Equity | 79.19M | 75.8M | 73.22M | 70.06M | 68.13M | 63.75M | 62.31M | 44.03M | 42.98M | 42M | 41.58M | 41.22M | 41.35M | 42.92M | 45.4M | 48.91M | 53.66M | 55.7M | 57.33M | 58.26M |
| Equity Growth % | 16.23% | 18.9% | 17.51% | 59.14% | 58.52% | 51.8% | 49.86% | 6.82% | 3.93% | -2.14% | -8.41% | -15.73% | -22.94% | -22.96% | -20.81% | -16.04% | -10.06% | -9.16% | 191.97% | 192.57% |
| Book Value per Share | 3.95 | 3.97 | 3.49 | 1.84 | 1.80 | 1.73 | 1.66 | 1.32 | 1.29 | 1.26 | 1.25 | 1.24 | 1.25 | 1.30 | 1.37 | 1.48 | 1.63 | 1.69 | 1.74 | 1.77 |
| Total Shareholders' Equity | 79.19M | 75.8M | 73.22M | 70.06M | 68.13M | 63.75M | 62.31M | 44.03M | 42.98M | 42M | 41.58M | 41.22M | 41.35M | 42.92M | 45.4M | 48.91M | 53.66M | 55.7M | 57.33M | 58.26M |
| Common Stock | 440K | 439K | 430K | 418K | 415K | 415K | 413K | 367K | 367K | 367K | 367K | 365K | 365K | 364K | 364K | 363K | 363K | 363K | 363K | 346K |
| Retained Earnings | -85.81M | -88.52M | -90.75M | -93.68M | -95.25M | -97.27M | -98.38M | -99.93M | -100.59M | -101.19M | -101.3M | -101.43M | -101.2M | -99.54M | -97.11M | -93.24M | -88.2M | -85.75M | -83.76M | -82.41M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 368K | -2.19M | -2.19M | -2.19M | -2.19M | -2.19M | -2.19M | -2.19M | -2.19M | -2.19M | -2.19M | -2.19M | -2.19M | -2.19M | -2.19M | -2.19M | -2.19M | -2.19M | -2.19M | -2.19M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |