The company's financial position appears increasingly fragile, with total assets shrinking by approximately 75% to $11.8M in 2026Q1 and the complete disappearance of $4.2M in goodwill.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 |
|---|
| Total Current Assets | 11.61M | 42.63M | 15.42M | 14.52M | 15.39M | 15.06M | 1.69M | 1.1M | 927.93K | 631.75K | 1.29M | 417.11K | 343.77K | 526.88K | 476.55K | 718.51K | 518.87K | 180.8K | 342.43K | 72.69K |
| Cash & Short-Term Investments | 9.69M | 40.99M | 12.33M | 12.75M | 11.3M | 12.14M | 893.6K | 326.56K | 228.79K | 105.14K | 255.82K | 67.05K | 110.45K | 87.67K | 72.76K | 168.49K | 50.4K | 28.16K | 289.06K | 37.8K |
| Cash Only | 114.62K | 1.99M | 1.07M | 1.43M | 2.29M | 12.14M | 893.6K | 326.56K | 228.79K | 105.14K | 255.82K | 67.05K | 110.45K | 87.67K | 72.76K | 168.49K | 50.4K | 28.16K | 289.06K | 37.8K |
| Short-Term Investments | 9.57M | 39M | 11.26M | 11.32M | 9.01M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.53M | 1.53M | 2.23M | 1.26M | 3.5M | 2.38M | 554.59K | 691.44K | 531.25K | 406.39K | 807.51K | 118.62K | 114.56K | 258.57K | 201.48K | 331.35K | 405.26K | 131.54K | 53.37K | 34.88K |
| Days Sales Outstanding | 93.14 | 405.03 | 32.02 | 18.43 | 53.56 | 58.5 | 21.72 | 29.75 | 21.82 | 17.96 | 67.22 | 10.85 | 10.42 | 20.62 | 18.3 | 30.69 | 58.83 | 82.03 | 30.93 | 19.06 |
| Inventory | 0 | 0 | 0 | 0 | 543.33K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 171.58K | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | 12.56 | - | - | - | - | - | - | - | - | 24.8 | - | - | - | - | - | - |
| Other Current Assets | 398.79K | 98.84K | 859.5K | 42.33K | 41.33K | 536.4K | 0 | 0 | 0 | 120.22K | 0 | 231.44K | 118.77K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 138.66K | 395.55K | 9.86M | 8.78M | 8.7M | 11.28M | 6.06M | 6.24M | 5.22M | 5.76M | 4.55M | 2.98M | 3.45M | 4.04M | 4.84M | 4.59M | 4.29M | 507.64K | 534.87K | 396.8K |
| Property, Plant & Equipment | 16.71K | 16.87K | 4.02M | 2.8M | 2.44M | 2.36M | 2.54M | 2.51M | 1.29M | 1.62M | 178.66K | 311.47K | 701.38K | 1.13M | 1.66M | 1.34M | 831.32K | 308.32K | 322.87K | 378.35K |
| Fixed Asset Turnover | 6.39x | 82.00x | 6.32x | 8.93x | 9.79x | 6.30x | 3.66x | 3.38x | 6.90x | 5.08x | 24.54x | 12.81x | 5.72x | 4.05x | 2.42x | 2.93x | 3.02x | 1.90x | 1.95x | 1.77x |
| Goodwill | 0 | 0 | 4.24M | 4.24M | 4.24M | 6.56M | 3.02M | 3.02M | 3.02M | 3.02M | 3.99M | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M | -39.6K | 0 | 0 |
| Intangible Assets | 0 | 0 | 1.43M | 1.7M | 1.98M | 2.25M | 455.94K | 649.93K | 846.71K | 1.04M | 329.24K | 350.43K | 449.28K | 658.77K | 903.76K | 955.05K | 1.17M | 175.53K | 175.53K | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3K | 0 | 20.12K | 15.7K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 121.94K | 378.68K | 183.44K | 48.44K | 48.44K | 103.23K | 49.31K | 65.43K | 65.43K | 78.36K | 54.5K | 6.06K | 5.61K | 49.34K | 74.97K | 88.54K | 85.83K | 63.39K | 36.47K | 18.44K |
| Total Assets | 11.75M | 43.02M | 25.28M | 23.3M | 24.09M | 26.33M | 7.75M | 7.34M | 6.14M | 6.39M | 5.84M | 3.39M | 3.79M | 4.57M | 5.32M | 5.31M | 4.81M | 688.44K | 877.3K | 469.48K |
| Asset Turnover | 0.20x | 0.03x | 1.00x | 1.07x | 0.99x | 0.56x | 1.20x | 1.16x | 1.45x | 1.29x | 0.75x | 1.18x | 1.06x | 1.00x | 0.76x | 0.74x | 0.52x | 0.85x | 0.72x | 1.42x |
| Asset Growth % | 111.03% | 70.18% | 8.49% | -3.26% | -8.54% | 239.71% | 5.57% | 19.51% | -3.9% | 9.43% | 72.21% | -10.57% | -16.95% | -14.13% | 0.22% | 10.41% | 598.28% | -21.53% | 86.86% | - |
| Total Current Liabilities | 997.08K | 2.02M | 3.55M | 3.51M | 4.53M | 2.97M | 4.35M | 3.67M | 3.13M | 3.58M | 3.79M | 3.59M | 2.9M | 3.65M | 3.54M | 3M | 3.06M | 350.52K | 303.62K | 49.59K |
| Accounts Payable | 562.4K | 842.47K | 3.18M | 2.61M | 3.21M | 1.34M | 979.55K | 906.72K | 988.58K | 1.09M | 1.59M | 1.05M | 741.4K | 984.87K | 1.21M | 1.34M | 1.07M | 82.7K | 72.04K | 47.81K |
| Days Payables Outstanding | 128.18 | 400.08 | 81.44 | 61.9 | 74.16 | 57.97 | 65.9 | 69.73 | 66.48 | 80.83 | 187.44 | 153.34 | 123.97 | 142.37 | 163.28 | 195.43 | 246.65 | 65.65 | 75.99 | 51.44 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 374.89K | 425K | 350K | 536.91K | 400.41K | 1.35M | 800.29K | 333.82K | 147.6K | 228.47K | 222.22K | 99.97K | 99.97K | 0 |
| Deferred Revenue (Current) | 227.2K | 0 | 212.39K | 336.2K | 281.06K | 366.86K | 461.89K | 432.94K | 435.41K | 566.73K | 919.1K | 436.56K | 470.27K | 703.94K | 722.66K | 641.38K | 461.72K | 36.87K | 12.79K | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1.12M | 971K | 846.68K | 733.67K | 619.14K | 513.07K | 662.66K | 894.86K | 740.82K | 287.25K | 982.8K | 109.72K | 0 | 0 |
| Current Ratio | 11.65x | 21.05x | 4.35x | 4.14x | 3.40x | 5.07x | 0.39x | 0.30x | 0.30x | 0.18x | 0.34x | 0.12x | 0.12x | 0.14x | 0.13x | 0.24x | 0.17x | 0.52x | 1.13x | 1.47x |
| Quick Ratio | 11.65x | 21.05x | 4.35x | 4.14x | 3.28x | 5.07x | 0.39x | 0.30x | 0.30x | 0.18x | 0.34x | 0.12x | 0.12x | 0.10x | 0.13x | 0.24x | 0.17x | 0.52x | 1.13x | 1.47x |
| Cash Conversion Cycle | -35.04 | - | - | - | -8.04 | - | - | - | - | - | - | - | - | -96.94 | - | - | - | - | - | - |
| Total Non-Current Liabilities | 86.44K | 312.33K | 562.1K | 37.94K | 609.25K | 748.42K | 1.48M | 1.94M | 1.24M | 1.23M | 325.73K | 1.55M | 1.99M | 1.39M | 1.66M | 1.17M | 1.15M | 407.67K | 0 | 1.84M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 107.11K | 0 | 0 | 99.92K | 190K | 1.2M | 350K | 500K | 500K | 11.89K | 397.56K | 0 | 0 | 0 |
| Capital Lease Obligations | 468.43K | 0 | 523.07K | 37.94K | 609.25K | 748.42K | 1.37M | 1.94M | 1.22M | 1.13M | 133.82K | 346.58K | 568.96K | 86.18K | 382.57K | 509.63K | 115.53K | 0 | 0 | 0 |
| Deferred Tax Liabilities | 437.81K | 312.33K | 39.03K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.25K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.89K | 1.06K | 1.9K | 1.25K | 1.07M | 807.06K | 772.72K | 646.16K | 640.69K | 407.67K | 0 | 1.84M |
| Total Liabilities | 1.08M | 2.34M | 4.11M | 3.55M | 5.14M | 3.72M | 5.83M | 5.61M | 4.37M | 4.81M | 4.11M | 5.14M | 4.88M | 5.05M | 5.2M | 4.17M | 4.22M | 758.19K | 303.62K | 1.89M |
| Total Debt | 0 | 0 | 673.45K | 601.47K | 1.65M | 2.01M | 3.27M | 3.3M | 2.08M | 2.43M | 978.32K | 3.14M | 1.94M | 1.57M | 1.75M | 1.25M | 1.06M | 99.97K | 99.97K | 0 |
| Net Debt | -114.62K | -1.99M | -396.65K | -827.26K | -636.32K | -10.13M | 2.38M | 2.98M | 1.85M | 2.32M | 722.5K | 3.07M | 1.83M | 1.48M | 1.67M | 1.08M | 1.01M | 71.81K | -189.09K | -37.8K |
| Debt / Equity | 0.00x | - | 0.03x | 0.03x | 0.09x | 0.09x | 1.70x | 1.91x | 1.17x | 1.54x | 0.57x | - | - | - | 14.17x | 1.10x | 1.80x | - | 0.17x | - |
| Debt / EBITDA | -0.00x | - | 0.47x | 0.53x | - | 3.89x | 3.17x | 2.99x | 2.22x | 4.58x | - | 27.99x | 11.21x | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 0.03x | - | -0.28x | -0.73x | - | -19.58x | 2.31x | 2.70x | 1.97x | 4.38x | - | 27.39x | 10.57x | - | - | - | - | - | - | - |
| Interest Coverage | -240.74x | - | 5.64x | 5.02x | -30.26x | -0.10x | 1.99x | 1.17x | 3.40x | -0.76x | -3.06x | -1.41x | -2.67x | -6.11x | -15.14x | -10.42x | -5.38x | -209.63x | -138.26x | - |
| Total Equity | 10.67M | 40.69M | 21.17M | 19.75M | 18.95M | 22.61M | 1.92M | 1.73M | 1.78M | 1.58M | 1.73M | -1.75M | -1.09M | -479.57K | 123.14K | 1.14M | 590.75K | -69.75K | 573.68K | -1.42M |
| Equity Growth % | 136.79% | 92.17% | 7.18% | 4.26% | -16.22% | 1077.26% | 11.16% | -2.72% | 12.52% | -8.76% | 198.84% | -61.08% | -126.62% | -489.45% | -89.2% | 92.94% | 947% | -112.16% | 140.51% | - |
| Book Value per Share | 1.47 | 5.59 | 2.88 | 2.74 | 2.80 | 3.57 | 0.57 | 0.54 | 0.54 | 0.49 | 1.30 | -1.91 | -1.20 | -0.58 | 0.16 | 2.10 | 1.52 | -0.22 | 5.02 | -43.90 |
| Total Shareholders' Equity | 10.89M | 40.92M | 21.42M | 19.99M | 19.1M | 22.72M | 2.02M | 1.8M | 1.8M | 1.58M | 1.73M | -1.75M | -1.09M | -479.57K | 123.14K | 1.14M | 590.75K | -69.75K | 573.68K | -1.42M |
| Common Stock | 7.79K | 7.79K | 7.04K | 6.88K | 6.82K | 6.69K | 128.54K | 128.44K | 128.14K | 128.14K | 128.04K | 36.59K | 36.59K | 36.13K | 33.17K | 28.91K | 17.86K | 13.67K | 12.47K | 28 |
| Retained Earnings | -409.16K | 222.11K | -18.98M | -19.51M | -19.89M | -15.53M | -15.73M | -15.79M | -15.74M | -15.92M | -15.59M | -14.59M | -13.8M | -13.06M | -11.95M | -9.6M | -6.74M | -4.89M | -3.79M | -3.23M |
| Treasury Stock | -29.82M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | -14.23K | -23.21K | 0 | 0 | 0 | 0 | 0 | -4.01M | -3.61M | -3.22M | -3.06M | -3.19M | -2.73M | -2.19M | -1.68M | -1.2M | -913.38K | 0 | -673.76K |
| Minority Interest | -224.82K | -236.82K | -247.09K | -236.95K | -154.69K | -102.63K | -94.7K | -68.05K | -27.51K | -4.39K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Terminal revenue base collapse
As reported in recent financial statements, DTST's total assets plummeted from $47.7M in 2025Q3 to $11.8M by 2026Q1, signaling a rapid contraction of the company's operational footprint that warrants significant caution regarding the firm's long-term viability as a going concern in the managed services sector.
The dramatic reduction in total assets suggests that the company is either divesting core infrastructure or experiencing a severe liquidation of its resource base. This trajectory implies that the firm is no longer positioned for growth, but rather is in a state of forced downsizing that may limit its future competitive relevance.
Based on the most recent quarterly filings, DTST reported a current ratio of 11.65, yet this figure is misleading as the company's cash position has dwindled to a mere $114.6K, providing a negligible buffer against the ongoing cash burn observed in recent operating periods.
While the high current ratio might appear to suggest strong liquidity, the absolute dollar amount of cash is insufficient to support sustained operations or unexpected capital requirements. Investors should monitor this thin cash runway, as it leaves the company highly susceptible to even minor operational disruptions or unforeseen liabilities.
According to the company's balance sheet data, retained earnings have remained deeply negative, reaching -$409.2K in 2026Q1, which reflects a persistent inability to generate sustainable shareholder value despite the significant volatility in the firm's reported net income and overall capital structure.
The persistent negative retained earnings indicate that the company has historically struggled to convert its service offerings into profitable growth. This trend suggests that equity quality is compromised, as the firm has failed to build a self-sustaining capital base to support its long-term strategic objectives.
As evidenced by the disappearance of $4.2M in goodwill from the balance sheet between 2025Q3 and 2026Q1, the company appears to have undergone a significant impairment or write-down event that fundamentally alters the perceived value of its historical acquisitions and intangible assets.
The sudden removal of goodwill suggests that previous growth-by-acquisition strategies have failed to yield the expected economic benefits, forcing a painful recognition of value destruction. This development implies that the company's past investment decisions may have been based on overly optimistic assumptions that are now being corrected through aggressive balance sheet adjustments.
Quick answers to the most common questions about buying DTST stock.
As of 2025, Data Storage Corporation (DTST) had total assets of $43.0M including $42.6M in current assets.
Data Storage Corporation (DTST) carries total debt of $0.0M, offset by $41.0M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Data Storage Corporation (DTST) has total shareholders' equity (book value) of $40.9M ($5.59 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Data Storage Corporation (DTST) reported a current ratio of 21.05x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.