Gulf Resources, Inc. (GURE) quarterly balance sheet — complete assets, liabilities & equity history
Gulf Resources, Inc. (GURE) balance sheet — 25-year assets, liabilities & shareholders' equity history
| Metric | 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 | Q2'21 |
|---|
| Total Current Assets | 25.6M | 24.57M | 15.67M | 20.28M | 17.64M | 17.45M | 21.26M | 20.8M | 85.09M | 86.07M | 114.94M | 122.31M | 125.95M | 119.43M | 107.16M | 95.55M | 122.18M | 115.43M | 117.92M | 104.96M |
| Cash & Short-Term Investments | 6.54M | 3.79K | 5.82M | 7.74M | 8.52M | 10.08M | 11.24M | 10.37M | 70.76M | 72.22M | 103.77M | 115.27M | 115.77M | 108.23M | 92.64M | 79.12M | 105.66M | 95.77M | 98.88M | 97.06M |
| Cash Only | 6.54M | 3.79K | 5.82M | 7.74M | 8.52M | 10.08M | 11.24M | 10.37M | 70.76M | 72.22M | 103.77M | 115.27M | 115.77M | 108.23M | 92.64M | 79.12M | 105.66M | 95.77M | 98.88M | 97.06M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 14.38M | 20.04M | 3.45M | 3.15M | 2.27M | 683.64K | 1.28M | 1.74M | 5.27M | 4.87M | 2.15M | 2.12M | 5.23M | 5.36M | 10M | 9.3M | 11.1M | 14.53M | 13.43M | 4.74M |
| Days Sales Outstanding | 654.03 | 168.17 | 33.57 | 29.54 | 82.71 | 52.32 | 61.97 | 133.78 | 353.03 | 47.04 | 33.49 | 41.74 | 51.23 | 38.01 | 38.83 | 59.09 | 129.14 | 61.63 | 47.1 | 39.19 |
| Inventory | 444.47K | 562.82K | -162.3K | 515.01K | 455.06K | 315.37K | 427.84K | 413.76K | 634.13K | 577.23K | 874.82K | 796.61K | 588.01K | 1.6M | 603.96K | 571.71K | 515.56K | 691.11K | 489.5K | 677.42K |
| Days Inventory Outstanding | 19.26 | 2.92 | 1.98 | 6 | 21.75 | 2.77 | 9.51 | 9.33 | 26 | 3.89 | 12.06 | 8.6 | 14.54 | 5.17 | 6.43 | 6.11 | 11.93 | 6.93 | 6.55 | 8.25 |
| Other Current Assets | 4.23M | 3.96M | 645.01K | 130.71K | 0 | 0 | 0 | 0 | 0 | 8.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 107.19M | 109.16M | 116.24M | 144.36M | 148.09M | 152.01M | 172.63M | 173.13M | 136.74M | 140.6M | 163.95M | 156M | 169.78M | 173.01M | 183.39M | 203.06M | 215.48M | 194.42M | 186.52M | 191.47M |
| Property, Plant & Equipment | 106.78M | 108.75M | -8.02M | 134.71M | 138.47M | 142.39M | 157.15M | 159.16M | 123.88M | 128.97M | 148.7M | 141.52M | 154.42M | 158.18M | 166.98M | 182.62M | 192.16M | 171.15M | 158.93M | 161.98M |
| Fixed Asset Turnover | 0.02x | 0.13x | 0.14x | 0.06x | 0.01x | 0.01x | 0.01x | 0.02x | 0.01x | 0.05x | 0.04x | 0.05x | 0.06x | 0.11x | 0.13x | 0.08x | 0.05x | 0.13x | 0.11x | 0.07x |
| 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 | 405.72K | 9.65M | 9.63M | 9.62M | 9.82M | 9.69M | 9.75M | 9.77M | 9.25M | 9.19M | 9.64M | 9.51M | 9.33M | 9.86M | 10.42M | 10.37M | 10.19M | 10.23M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9.77M | -9.25M | -9.19M | 0 | -14.83M | -16.41M | -9.86M | -10.42M | -23.27M | 0 | 0 |
| Other Non-Current Assets | 409.89K | 406.82K | 123.85M | 0 | 0 | 0 | 0 | 0 | 9.75M | 9.77M | 9.25M | 9.19M | 0 | 14.83M | 0 | 9.86M | 10.42M | 23.27M | 0 | 0 |
| Total Assets | 132.79M | 133.73M | 131.91M | 164.63M | 165.73M | 169.46M | 193.89M | 193.93M | 221.83M | 226.67M | 278.89M | 278.31M | 295.74M | 292.43M | 290.54M | 298.61M | 337.66M | 309.86M | 304.44M | 296.43M |
| Asset Turnover | 0.02x | 0.05x | 0.06x | 0.05x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.03x | 0.02x | 0.03x | 0.03x | 0.06x | 0.08x | 0.05x | 0.03x | 0.07x | 0.06x | 0.04x |
| Asset Growth % | -19.88% | -21.08% | -31.97% | -15.11% | -25.29% | -25.24% | -30.48% | -30.32% | -24.99% | -22.49% | -4.01% | -6.8% | -12.42% | -5.62% | -4.56% | 0.74% | 15.4% | 5.38% | 9.55% | 11.95% |
| Total Current Liabilities | 10.95M | 8.24M | 17.11M | 14.79M | 15.26M | 17.73M | 19.22M | 19.02M | 12.26M | 12.59M | 9.87M | 9.72M | 11.42M | 11.78M | 13.05M | 13.61M | 39.11M | 13.89M | 13.12M | 9.21M |
| Accounts Payable | 434.27K | 0 | 379.81K | 380.81K | 390.25K | 30K | 128.7K | 133.59K | 208.42K | 206.98K | 229.26K | 221.31K | 411.55K | 57.65K | 219.65K | 594.21K | 582.21K | 202.29K | 653.1K | 412.6K |
| Days Payables Outstanding | 16.61 | - | 4.27 | 4.77 | 11.86 | 0.59 | 2.96 | 3.04 | 8.92 | 1.17 | 3.25 | 3.93 | 3.12 | 0.65 | 4.45 | 6.61 | 7.76 | 5.02 | 5.98 | 9.56 |
| Short-Term Debt | 5.91M | 752.76K | 0 | 350.68K | 738.25K | 0 | 700.43K | 0 | 0 | 646.28K | 0 | 0 | 0 | 0 | 0 | 0 | 743.57K | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15.52K | 6.37K | 42.7K | 0 | 0 | 0 | 9.51M | -607.84K | 9.86M | 0 | 0 | 2.22M | 1.51M |
| Other Current Liabilities | 4.6M | 7.49M | 3.81M | 13.44M | -738.25K | 16.67M | -700.43K | 3.14M | 11.18M | 10.83M | 8.78M | 8.19M | 9.09M | 10.12M | 11.97M | 11.93M | 34.17M | 12.69M | 11.56M | 7.84M |
| Current Ratio | 2.34x | 2.98x | 0.92x | 1.37x | 1.16x | 0.98x | 1.11x | 1.09x | 6.94x | 6.84x | 11.64x | 12.59x | 11.03x | 10.14x | 8.21x | 7.02x | 3.12x | 8.31x | 8.99x | 11.40x |
| Quick Ratio | 2.30x | 2.91x | 0.93x | 1.34x | 1.13x | 0.97x | 1.08x | 1.07x | 6.89x | 6.79x | 11.56x | 12.50x | 10.97x | 10.01x | 8.17x | 6.98x | 3.11x | 8.26x | 8.95x | 11.32x |
| Cash Conversion Cycle | 656.68 | - | 31.28 | 30.77 | 92.59 | 54.5 | 68.52 | 140.07 | 370.12 | 49.76 | 42.3 | 46.41 | 62.65 | 42.52 | 40.81 | 58.59 | 133.31 | 63.54 | 47.66 | 37.88 |
| Total Non-Current Liabilities | 11.89M | 14.01M | 7.33M | 7.63M | 7.89M | 8.02M | 8.14M | 7.99M | 8.7M | 8.84M | 8.3M | 8.34M | 9.48M | 9.04M | 8.89M | 9.43M | 10.49M | 9.33M | 9.1M | 9.11M |
| Long-Term Debt | 0 | 11.67M | 6.44M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 11.89M | 0 | 7.33M | 7.63M | 7.89M | 8.02M | 8.14M | 7.99M | 8.7M | 8.84M | 8.3M | 8.34M | 9.48M | 9.04M | 8.89M | 9.43M | 10.49M | 9.33M | 9.1M | 9.11M |
| 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 | 2.34M | -6.44M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 22.84M | 22.25M | 24.45M | 22.42M | 23.15M | 25.75M | 27.36M | 27.01M | 20.97M | 21.42M | 18.17M | 18.06M | 20.9M | 20.81M | 21.93M | 23.04M | 49.59M | 23.22M | 22.22M | 18.32M |
| Total Debt | 17.8M | 12.42M | 8.06M | 7.98M | 8.63M | 8.73M | 8.84M | 8.65M | 9.36M | 9.48M | 8.92M | 8.92M | 10.19M | 9.68M | 9.49M | 10.04M | 11.23M | 10.06M | 9.76M | 9.74M |
| Net Debt | 11.26M | 12.42M | 2.24M | 241.26K | 102.46K | -1.35M | -2.4M | -1.72M | -61.4M | -62.74M | -94.85M | -106.35M | -105.58M | -98.54M | -83.15M | -69.08M | -94.43M | -85.71M | -89.12M | -87.31M |
| Debt / Equity | 0.16x | 0.11x | 0.08x | 0.06x | 0.06x | 0.06x | 0.05x | 0.05x | 0.05x | 0.05x | 0.03x | 0.03x | 0.04x | 0.04x | 0.04x | 0.04x | 0.04x | 0.04x | 0.03x | 0.04x |
| Debt / EBITDA | - | 5.26x | 2.09x | 2.29x | - | - | 38.55x | - | - | 1.98x | 3.54x | 2.04x | 2.23x | 0.96x | 0.53x | 0.97x | 2.27x | 0.84x | 0.86x | 5.61x |
| Net Debt / EBITDA | - | 5.25x | 0.58x | 0.07x | - | - | -10.45x | - | - | -13.13x | -37.65x | -24.31x | -23.15x | -9.82x | -4.61x | -6.65x | -19.12x | -7.14x | -7.89x | -50.25x |
| Interest Coverage | -10.64x | -7.42x | -1960.31x | -34.70x | -212.12x | -621.92x | -215.91x | -1381.53x | -210.93x | -2274.90x | -93.97x | -30.34x | -24.59x | -16.19x | 433.20x | 160.51x | 0.30x | 134.98x | 221.35x | -58.61x |
| Total Equity | 109.95M | 111.48M | 107.46M | 142.21M | 142.58M | 143.71M | 166.53M | 166.92M | 200.86M | 205.25M | 260.72M | 260.25M | 274.84M | 271.62M | 268.61M | 275.58M | 288.07M | 286.64M | 282.22M | 278.1M |
| Equity Growth % | -22.89% | -22.43% | -35.47% | -14.8% | -29.01% | -29.98% | -36.13% | -35.86% | -26.92% | -24.44% | -2.94% | -5.56% | -4.59% | -5.24% | -4.82% | -0.91% | 5.78% | 3.47% | 7.07% | 9.91% |
| Book Value per Share | 69.46 | 72.41 | 79.39 | 106.55 | 122.02 | 133.97 | 155.24 | 155.60 | 187.25 | 196.41 | 249.93 | 249.48 | 263.46 | 260.37 | 256.51 | 263.16 | 275.09 | 273.79 | 269.57 | 265.63 |
| Total Shareholders' Equity | 109.95M | 111.48M | 107.46M | 142.21M | 142.58M | 143.71M | 166.53M | 166.92M | 200.86M | 205.25M | 260.72M | 260.25M | 274.84M | 271.62M | 268.61M | 275.58M | 288.07M | 286.64M | 282.22M | 278.1M |
| Common Stock | 856 | 784 | 691 | 25.93K | 25.93K | 24.62K | 24.62K | 24.62K | 24.62K | 24.62K | 24.38K | 24.48K | 24.48K | 24.48K | 24.38K | 24.38K | 24.38K | 24.38K | 24.38K | 24.38K |
| Retained Earnings | -11.45M | -7.53M | -3.71M | 31.96M | 32.73M | 37.36M | 82.38M | 85.87M | 118.97M | 122.96M | 181.74M | 183.52M | 184.2M | 184.76M | 187.45M | 178.48M | 174.58M | 174.7M | 175.81M | 170.42M |
| Treasury Stock | -1.37M | 0 | -1.37M | -1.37M | -1.37M | -1.37M | -1.37M | -1.37M | -1.37M | -1.37M | -1.37M | -1.37M | -1.37M | -1.37M | -510.33K | -510.33K | -510.33K | -510.33K | -510.33K | -510.33K |
| Accumulated OCI | 16.33M | -12.22M | 7.35M | 6.44M | 6.03M | 5.81M | -16.19M | -19.3M | -18.45M | -18.05M | -20.91M | -23.15M | -9.25M | -13.03M | -18.92M | -2.99M | 13.41M | 11.86M | 6.33M | 7.6M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |