CASI Pharmaceuticals, Inc. (CASI) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | 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 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Total Current Assets | 11.91M | 18.16M | 27.16M | 39.58M | 47.15M | 37.2M | 43.15M | 59.34M | 58.12M | 61M | 66.59M | 73.42M | 55.61M | 42.28M | 52.7M | 61.97M | 71.96M | 83.5M | 89.01M | 74.03M |
| Cash & Short-Term Investments | 4.68M | 6.76M | 12.7M | 16.09M | 20.81M | 12.73M | 19.66M | 30.77M | 35.6M | 38.79M | 44.29M | 51.34M | 33.05M | 24.57M | 37.48M | 48.57M | 62.63M | 72.94M | 79.06M | 66.37M |
| Cash Only | 4.68M | 6.74M | 10.9M | 13.47M | 16.54M | 9.53M | 12.2M | 17.08M | 19.98M | 16.91M | 16.59M | 47.11M | 26.74M | 18.86M | 29.26M | 38.7M | 53.13M | 60.36M | 68.12M | 57.06M |
| Short-Term Investments | 0 | 22K | 1.8M | 2.62M | 4.28M | 3.19M | 7.46M | 13.69M | 15.62M | 21.88M | 27.7M | 4.22M | 6.31M | 5.71M | 8.22M | 9.87M | 9.5M | 12.59M | 10.95M | 9.31M |
| Accounts Receivable | 2.61M | 5.36M | 7.6M | 15.35M | 11.14M | 7.74M | 6.07M | 10.14M | 11.66M | 12.53M | 11.11M | 12.97M | 12.56M | 10.26M | 10.09M | 9.8M | 5.42M | 5.77M | 5.84M | 4.64M |
| Days Sales Outstanding | 119.26 | 141.27 | 165.47 | 91.23 | 111.48 | 157.92 | 216.28 | 145.84 | 125.88 | 109.52 | 129.82 | 76.97 | 102.78 | 107.98 | 98.76 | 76.45 | 63.43 | 73.73 | 82.24 | 83.21 |
| Inventory | 2.61M | 3.4M | 4.15M | 5.25M | 12.93M | 14.61M | 15.42M | 15.88M | 8.83M | 7.77M | 8.56M | 6.14M | 5.77M | 5.79M | 3.72M | 1.91M | 1.73M | 3.48M | 2.99M | 1.36M |
| Days Inventory Outstanding | 116.66 | 162.27 | 161.47 | 82.56 | 337.99 | 714.72 | 888.34 | 403.74 | 209.28 | 186.43 | 195.87 | 128.26 | 125.25 | 121.91 | 67.39 | 43.99 | 70.03 | 98.71 | 83.02 | 48.92 |
| Other Current Assets | 0 | 2.64M | 2.71M | 2.89M | 2.27M | 2.11M | 2M | 2.56M | 2.03M | 1.91M | 2.63M | 2.98M | 2.5M | 0 | 0 | 0 | 0 | 0 | 1.12M | 0 |
| Total Non-Current Assets | 12.55M | 13.04M | 13.66M | 13.9M | 16.46M | 14.07M | 14.86M | 15.92M | 16.11M | 16.87M | 21.8M | 22.81M | 72.29M | 76.57M | 76.87M | 76.33M | 64.31M | 61.02M | 59.08M | 53.71M |
| Property, Plant & Equipment | 9.95M | 10.45M | 10.92M | 11.36M | 12.4M | 10.25M | 10.85M | 11.63M | 10.62M | 11.49M | 12.41M | 13.23M | 21.53M | 23.32M | 23.39M | 21.82M | 16.28M | 13.14M | 10.2M | 10.76M |
| Fixed Asset Turnover | 0.30x | 0.39x | 0.56x | 1.12x | 0.69x | 0.38x | 0.30x | 0.62x | 0.80x | 0.82x | 0.65x | 0.88x | 0.46x | 0.37x | 0.40x | 0.48x | 0.55x | 0.61x | 0.55x | 0.46x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 224K | 230K | 233K | 238K | 1.12M | 1.36M | 1.62M | 1.84M | 273K | 537K | 812K | 1.06M | 10.05M | 10.95M | 11.9M | 12.2M | 12.36M | 12.69M | 12.83M | 13.21M |
| Long-Term Investments | 1.72M | 1.72M | 1.91M | 1.72M | 2.25M | 1.77M | 1.69M | 1.68M | 3.61M | 3.64M | 7.43M | 7.46M | 39.32M | 41.19M | 40.32M | 40.13M | 34.18M | 34.68M | 34.87M | 29.44M |
| Other Non-Current Assets | 660K | 644K | 590K | 587K | 702K | -1.33M | 702K | 771K | 1.61M | 1.21M | 1.15M | 1.06M | 1.39M | 1.12M | 1.26M | 2.18M | 1.5M | 506K | 1.18M | 299K |
| Total Assets | 24.46M | 31.2M | 40.82M | 53.67M | 63.62M | 51.27M | 58.01M | 75.27M | 74.23M | 77.87M | 88.4M | 96.23M | 127.91M | 118.86M | 129.56M | 138.3M | 136.27M | 144.53M | 148.09M | 127.73M |
| Asset Turnover | 0.11x | 0.12x | 0.13x | 0.23x | 0.14x | 0.07x | 0.05x | 0.09x | 0.12x | 0.12x | 0.09x | 0.14x | 0.08x | 0.07x | 0.07x | 0.07x | 0.06x | 0.05x | 0.04x | 0.04x |
| Asset Growth % | -61.55% | -39.14% | -29.63% | -28.69% | -14.3% | -34.16% | -34.37% | -21.79% | -41.97% | -34.48% | -31.77% | -30.42% | -6.14% | -17.76% | -12.51% | 8.27% | 1.52% | 57.83% | 48.86% | 24.46% |
| Total Current Liabilities | 39.42M | 37.74M | 33.71M | 36.45M | 14.74M | 9.58M | 8.54M | 16.73M | 11.83M | 11.91M | 14.04M | 17M | 29.75M | 13.18M | 13.87M | 13.19M | 9.96M | 10.02M | 9.97M | 7.98M |
| Accounts Payable | 560K | 805K | 1.2M | 2.72M | 1.76M | 792K | 583K | 4.44M | 2.56M | 2.37M | 2.83M | 3.29M | 3.1M | 4.6M | 7.17M | 4.79M | 6.32M | 5.52M | 5.74M | 3.26M |
| Days Payables Outstanding | 26.5 | 42.99 | 67.27 | 20.38 | 31.37 | 32.72 | 142.52 | 114.4 | 62.25 | 59.35 | 81.45 | 68.77 | 83.36 | 150.84 | 143.21 | 134.53 | 159.43 | 171.81 | 171.77 | 140.38 |
| Short-Term Debt | 18.86M | 18.73M | 18.49M | 18.39M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3M | 1M | 0 | 2.17M | 1.08M | 2.01M | 3.57M | 1.29M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 2.47M | 0 | 0 | 0 | 2.54M | 0 | 0 | 0 | 2.62M | 16.98M | 57K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 10.31M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7.62M | 0 | 1 | 655K | 0 |
| Current Ratio | 0.30x | 0.48x | 0.81x | 1.09x | 3.20x | 3.88x | 5.05x | 3.55x | 4.91x | 5.12x | 4.74x | 4.32x | 1.87x | 3.21x | 3.80x | 4.70x | 7.23x | 8.33x | 8.93x | 9.28x |
| Quick Ratio | 0.24x | 0.39x | 0.68x | 0.94x | 2.32x | 2.36x | 3.25x | 2.60x | 4.17x | 4.47x | 4.13x | 3.96x | 1.68x | 2.77x | 3.53x | 4.56x | 7.05x | 7.99x | 8.63x | 9.11x |
| Cash Conversion Cycle | 209.41 | 260.56 | 259.68 | 153.41 | 418.11 | 839.92 | 962.1 | 435.18 | 272.91 | 236.6 | 244.24 | 136.45 | 144.68 | 79.06 | 22.94 | -14.08 | -25.98 | 0.62 | -6.52 | -8.24 |
| Total Non-Current Liabilities | 13.63M | 13.78M | 15.18M | 15.37M | 35.03M | 32.67M | 34M | 34.38M | 11.97M | 12.12M | 12.13M | 12.3M | 14.94M | 16.08M | 16.98M | 17.15M | 16.8M | 17.01M | 15.93M | 16.18M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 19.12M | 18.46M | 18.59M | 18.89M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 2.54M | 0 | 0 | 0 | 1.62M | 0 | 0 | 0 | 476K | 634K | 858K | 894K | 1.1M | 1.43M | 1.63M | 1.58M | 965K |
| 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 | 13.63M | 13.78M | 15.18M | 12.84M | 15.91M | 14.2M | 15.41M | 13.87M | 11.97M | 12.12M | 12.13M | 11.82M | 11.82M | 12.56M | 13.26M | 13.22M | 15.37M | 15.38M | 12.01M | 12.87M |
| Total Liabilities | 53.05M | 51.51M | 48.89M | 51.82M | 49.77M | 42.25M | 42.54M | 51.1M | 23.79M | 24.03M | 26.17M | 29.3M | 44.69M | 29.25M | 30.85M | 30.34M | 26.76M | 27.03M | 25.9M | 24.16M |
| Total Debt | 18.86M | 18.73M | 18.49M | 22.14M | 19.12M | 18.46M | 18.59M | 21.24M | 0 | 0 | 0 | 1.34M | 4.56M | 2.9M | 1.88M | 4.33M | 3.73M | 4.91M | 5.16M | 3.2M |
| Net Debt | 14.17M | 11.99M | 7.59M | 8.67M | 2.59M | 8.93M | 6.38M | 4.16M | -19.98M | -16.91M | -16.59M | -45.77M | -22.19M | -15.96M | -27.38M | -34.37M | -49.4M | -55.45M | -62.96M | -53.87M |
| Debt / Equity | - | - | - | 11.96x | 1.38x | 2.05x | 1.20x | 0.88x | - | - | - | 0.02x | 0.05x | 0.03x | 0.02x | 0.04x | 0.03x | 0.04x | 0.04x | 0.03x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -54.81x | -44.91x | -53.57x | - | -132.54x | -173.71x | -48.02x | - | - | - | - | - | -488.77x | - | - | - | - | - | - | - |
| Total Equity | -28.59M | -20.31M | -8.07M | 1.85M | 13.85M | 9.02M | 15.47M | 24.16M | 50.43M | 53.84M | 62.22M | 66.93M | 83.21M | 89.6M | 98.72M | 107.96M | 109.51M | 117.5M | 122.2M | 103.57M |
| Equity Growth % | -306.49% | -325.14% | -152.18% | -92.34% | -72.54% | -83.25% | -75.14% | -63.9% | -39.39% | -39.91% | -36.97% | -38% | -24.02% | -23.74% | -19.22% | 4.23% | -2.91% | 39.19% | 33.93% | 10.58% |
| Book Value per Share | -1.78 | -1.31 | -0.52 | 0.12 | 0.91 | 0.67 | 1.16 | 1.81 | 3.77 | 4.03 | 4.66 | 4.97 | 6.12 | 6.59 | 7.16 | 7.83 | 7.83 | 8.40 | 9.79 | 8.80 |
| Total Shareholders' Equity | -28.59M | -20.31M | -8.07M | 1.85M | 13.85M | 9.02M | 15.47M | 24.16M | 28.79M | 32.23M | 39.58M | 44.57M | 61.71M | 66.94M | 74.99M | 84.5M | 86.61M | 94.8M | 100.03M | 81.54M |
| Common Stock | 2K | 2K | 2K | 2K | 2K | 1K | 1K | 1K | 1K | 1K | 1K | 1K | 1.37M | 1.37M | 1.37M | 1.4M | 1.4M | 1.4M | 1.4M | 1.24M |
| Retained Earnings | -735.09M | -724.2M | -710.83M | -700.08M | -685.71M | -677.31M | -670.35M | -660.82M | -655.67M | -651.8M | -642.32M | -637.16M | -624.86M | -620.57M | -613.63M | -605.64M | -599.97M | -590.26M | -583.84M | -570.5M |
| Treasury Stock | -9.6M | -9.6M | -9.6M | -9.6M | -9.6M | -9.6M | -9.6M | -9.6M | -9.6M | -9.6M | -9.6M | -9.33M | -9.07M | -9.07M | -9.07M | -8.03M | -8.03M | -8.03M | -8.03M | -8.03M |
| Accumulated OCI | -5.14M | -2.24M | -2.23M | -1.77M | -1.47M | -1.42M | -1.1M | -1.2M | -1.62M | -1.59M | -613K | -703K | -1.95M | -160K | 2.13M | 1.95M | 1.17M | 1.16M | 485K | 589K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21.64M | 21.62M | 22.64M | 22.36M | 21.5M | 22.66M | 23.73M | 23.46M | 22.91M | 22.7M | 22.16M | 22.03M |