Financial stability is critically undermined by a debt-to-equity ratio of 1.03 and the total write-down of property, plant, and equipment to zero.
Integrated Media Technology Limited (IMTE) balance sheet — 17-year assets, liabilities & shareholders' equity history
| Metric | 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 |
|---|
| Total Current Assets | 1.43M | 1.35M | 5.41M | 31.76M | 3.28M | 5.64M | 5.23M | 6M | 9.2M | 14.73M | 9.36M | 3.12M | 3.42M | 1.8M | 1.2M | 855.39K | 145.58K |
| Cash & Short-Term Investments | 160 | 10.15K | 990.34K | 74.11K | 274.77K | 2.19M | 735.72K | 1.51M | 2.86M | 1.82M | 6.88M | 2.84M | 2.52M | 680.66K | 570.88K | 600.64K | 15.4K |
| Cash Only | 160 | 10.15K | 990.34K | 74.11K | 274.77K | 2.19M | 735.72K | 1.51M | 2.86M | 1.82M | 6.88M | 2.23M | 1.42M | 27.27K | 20.88K | 1.57K | 15.4K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 614.13K | 1.1M | 653.39K | 550K | 599.07K | 0 |
| Accounts Receivable | 1.43M | 1.34M | 25.43K | 15.34M | 465.98K | 1.16M | 675.8K | 921.56K | 2.05M | 6.34M | 515.51K | 222.43K | 621.52K | 38.69K | 408.98K | 56.12K | 3.86K |
| Days Sales Outstanding | 7.27K | 8.1K | 36.49 | -6.39K | -56.75K | 243.3 | 193.4 | 253.98 | 129.6 | 166.12 | 28.78 | 136.47 | 192.93 | 655.29 | 1.35K | - | 6.26K |
| Inventory | 0 | 0 | 4.39M | 4.2M | 2.01M | 187.4K | 749.17K | 1.39M | 2.66M | 3.69M | 698.92K | 0 | 0 | 1.04M | 7.51K | 0 | 1.9K |
| Days Inventory Outstanding | - | - | 9K | 2.23K | 4.9K | 52.15 | 46.8 | 703.09 | 219.09 | 223.77 | 85.48 | - | - | 17.08K | 11.22 | - | 13.89 |
| Other Current Assets | 0 | 0 | -2.33M | 10.46M | -919.74K | 2.04M | 1.6M | 1.74M | 1.52M | 2.6M | 1.19M | 3.97K | 281.08K | 0 | 207.83K | 198.62K | 124.42K |
| Total Non-Current Assets | 14.26M | 29.26M | 38.75M | 25.71M | 21.81M | 7.32M | 14.72M | 20.03M | 26.66M | 28.75M | 27.91M | 275.44K | 454.07K | 2.58K | 1.52M | 539.39K | 14.28K |
| Property, Plant & Equipment | 0 | 0 | 2.12M | 3.27M | 7.89M | 7.32M | 1.15M | 729.48K | 581.32K | 1.07M | 1.67M | 275.44K | 454.07K | 2.58K | 1.52M | 539.39K | 14.28K |
| Fixed Asset Turnover | - | - | 0.12x | -0.27x | -0.00x | 0.24x | 1.10x | 1.82x | 9.91x | 13.07x | 3.91x | 2.16x | 2.59x | 8.35x | 0.07x | - | 0.02x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.47M | 13.06M | 14.26M | 14.31M | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 1.08M | 1.27M | 1.9M | 0 | 13.56M | 14.83M | 13.02M | 13.43M | 11.93M | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 257.35K | 562.5K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 14.26M | 29.26M | 35.55M | 20.91M | 11.46M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 15.68M | 30.61M | 44.16M | 57.47M | 25.09M | 12.95M | 19.95M | 26.03M | 35.86M | 43.48M | 37.27M | 3.39M | 3.88M | 1.81M | 2.72M | 1.39M | 159.86K |
| Asset Turnover | 0.00x | 0.00x | 0.01x | -0.02x | -0.00x | 0.13x | 0.06x | 0.05x | 0.16x | 0.32x | 0.18x | 0.18x | 0.30x | 0.01x | 0.04x | - | 0.00x |
| Asset Growth % | -48.77% | -30.68% | -23.16% | 129.05% | 93.7% | -35.06% | -23.38% | -27.4% | -17.53% | 16.66% | 998.69% | -12.52% | 114.7% | -33.59% | 94.99% | 772.5% | - |
| Total Current Liabilities | 1.99M | 16.14M | 3.5M | 10.98M | 9.73M | 4.36M | 17.99M | 4.72M | 3.72M | 6.47M | 1.72M | 86.42K | 40.61K | 1.49M | 1.93M | 592.72K | 210.84K |
| Accounts Payable | 97.19K | 97.22K | 142.47K | 98.52K | 103.17K | 112.81K | 76.83K | 17.1K | 49.48K | 575.82K | 341.66K | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Payables Outstanding | 1.07K | 1.17K | 292.03 | 52.3 | 251.98 | 31.4 | 4.8 | 8.62 | 4.07 | 34.88 | 41.79 | - | - | - | - | - | - |
| Short-Term Debt | 255.76K | 14.31M | 0 | 7.55M | 3.13M | 744.28K | 13.75M | 1.73M | 1.77M | 3.61M | 0 | 0 | 80.83K | 1.21M | 139.45K | 136.15K | 38.24K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 2.53M | 484.78K | 900.74K | 18.52K | 165.98K | 161.4K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1.58M | 992.34K | 2.14M | 2.91M | 1.2M | 426.06K | -3.34M | 669.86K | 93.4K | 1.17M | 186.09K | 60.37K | -84.51K | 277.71K | 1.79M | 456.57K | 172.6K |
| Current Ratio | 0.72x | 0.08x | 1.55x | 2.89x | 0.34x | 1.29x | 0.29x | 1.27x | 2.47x | 2.28x | 5.44x | 36.07x | 84.31x | 1.21x | 0.62x | 1.44x | 0.69x |
| Quick Ratio | 0.72x | 0.08x | 0.29x | 2.51x | 0.13x | 1.25x | 0.25x | 0.98x | 1.76x | 1.71x | 5.04x | 36.07x | 84.31x | 0.52x | 0.61x | 1.44x | 0.68x |
| Cash Conversion Cycle | - | - | 8.75K | -4.21K | -52.1K | 264.05 | 235.4 | 948.44 | 344.61 | 355.01 | 72.47 | - | - | - | - | - | - |
| Total Non-Current Liabilities | 0 | 518.34K | 16.33M | 3.57M | 1.4M | 3.69M | 1.87M | 4.69M | 16.75M | 22.66M | 24.46M | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 0 | 86.54K | 16.33M | 0 | 0 | 2.2M | 0 | 3.28M | 0 | 0 | 2.69M | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 1.02M | 0 | 501.74K | 39.17K | 51.82K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1.37M | 0 | 1.59M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 431.81K | 0 | 3.57M | 386.21K | 1.49M | 0 | 1.37M | 15.11M | 22.66M | 21.77M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 1.99M | 16.66M | 19.83M | 14.55M | 11.13M | 8.05M | 19.87M | 9.41M | 20.47M | 29.13M | 26.19M | 86.42K | 40.61K | 1.49M | 1.93M | 592.72K | 210.84K |
| Total Debt | 255.76K | 14.4M | 16.33M | 7.55M | 4.45M | 2.94M | 14.91M | 5.05M | 1.83M | 3.61M | 2.69M | 0 | 80.83K | 1.21M | 139.45K | 136.15K | 38.24K |
| Net Debt | 255.6K | 14.39M | 15.34M | 7.48M | 4.18M | 746.25K | 14.18M | 3.53M | -1.03M | 1.79M | -4.19M | -2.23M | -1.34M | 1.18M | 118.57K | 134.58K | 22.85K |
| Debt / Equity | 0.02x | 1.03x | 0.67x | 0.18x | 0.32x | 0.60x | 188.73x | 0.30x | 0.12x | 0.25x | 0.24x | - | 0.02x | 3.77x | 0.18x | 0.17x | - |
| Debt / EBITDA | 0.55x | - | - | - | - | - | - | - | 1.68x | 0.38x | 1.81x | - | - | - | - | - | - |
| Net Debt / EBITDA | 0.55x | - | - | - | - | - | - | - | -0.94x | 0.19x | -2.82x | - | - | - | - | - | - |
| Interest Coverage | 0.63x | -1.04x | -42.83x | - | - | -2.93x | -10.64x | -5.67x | -28.79x | 109.09x | - | - | -576.75x | - | -23.35x | -18.61x | -46.53x |
| Total Equity | 13.69M | 13.95M | 24.33M | 42.92M | 13.96M | 4.91M | 79.02K | 16.62M | 15.39M | 14.35M | 11.09M | 3.31M | 3.84M | 319.9K | 785.99K | 802.06K | -50.98K |
| Equity Growth % | -1.83% | -42.67% | -43.31% | 207.52% | 184.48% | 6108.13% | -99.52% | 8% | 7.21% | 29.49% | 235.34% | -13.85% | 1099.58% | -59.3% | -2% | 1673.28% | - |
| Book Value per Share | 3.98 | 4.07 | 10.94 | 2.61 | 1.68 | 1.14 | 0.02 | 6.17 | 5.82 | 5.43 | 5.77 | 0.06 | 0.08 | 2.74 | 0.72 | 0.74 | -0.05 |
| Total Shareholders' Equity | 14.52M | 14.77M | 25.12M | 41.29M | 11.8M | 1.58M | -1.73M | 13.81M | 15.44M | 14.41M | 11.11M | 3.31M | 3.84M | 319.9K | 754.24K | 790.44K | -50.98K |
| Common Stock | 68.84M | 68.84M | 101.09M | 89.69M | 48.14M | 32.09M | 18.9M | 18.9M | 10.41M | 10.41M | 10.41M | 5.13M | 5.13M | 1.61M | 1.59M | 1.19M | 82.11K |
| Retained Earnings | -54.32M | -54.07M | -78.87M | -49.78M | -37.17M | -34.1M | -25.79M | -10.68M | 5.29M | 3.59M | -37.76K | 0 | -1.52M | -1.22M | -716.09K | -332.13K | -135.15K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 2.91M | 1.38M | 824.85K | 3.59M | 5.16M | 5.59M | -251.66K | 410.33K | 735.63K | 589.5K | 221.49K | -71.76K | -121.27K | -72.11K | 2.06K |
| Minority Interest | -821.55K | -821.81K | -790.97K | 1.63M | 2.16M | 3.33M | 1.81M | 2.81M | -53.85K | -55.62K | -22.14K | 0 | 0 | 0 | 31.75K | 11.62K | 0 |
Quick answers to the most common questions about buying IMTE stock.
As of 2025, Integrated Media Technology Limited (IMTE) had total assets of $15.7M including $1.4M in current assets.
Integrated Media Technology Limited (IMTE) carries total debt of $0.3M, offset by $0.0M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Integrated Media Technology Limited (IMTE) has total shareholders' equity (book value) of $14.5M ($3.98 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Integrated Media Technology Limited (IMTE) reported a current ratio of 0.72x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.
Key Metrics
Top Statement Risk
Imminent liquidity and insolvency
Balance Sheet Erosion Accelerates Rapidly
As reported in recent financial filings, IMTE's cash reserves have plummeted to a nominal $10,154, representing a near-total depletion of liquid assets that underscores the company's deteriorating financial trajectory and its inability to sustain operations without immediate, likely dilutive, external capital injections to remain a going concern.
The consistent decline in cash balances over the last ten quarters suggests that the company's strategic pivots have failed to generate the necessary liquidity to support its overhead. This trajectory indicates a business model that is structurally incapable of self-funding, leaving the balance sheet in a state of extreme vulnerability.
Leverage Burden Outpacing Asset Base
Based on the latest quarterly data, IMTE's debt-to-equity ratio has climbed to 1.03, reflecting a reliance on debt financing that appears increasingly unsustainable given the company's negligible revenue generation and the lack of tangible assets to serve as collateral for future credit facilities or refinancing efforts.
The accumulation of $14.4M in debt against a shrinking asset base suggests that management is utilizing debt as a survival mechanism rather than a strategic growth tool. Investors should monitor the maturity profile of these obligations, as the company's current cash position provides virtually no buffer for debt service.
Asset Quality and Liquidity Deficit
According to the most recent balance sheet, the company's net property, plant, and equipment have been written down to zero, signaling a total abandonment of its previous industrial manufacturing focus and leaving the asset base composed of items that lack clear, verifiable market value or liquidity.
The absence of productive assets implies that the company has effectively transitioned into a shell-like entity with little operational substance. This lack of tangible backing makes the reported total assets of $30.6M highly suspect, as they likely consist of intangible or non-performing items that offer no protection to shareholders.
Critical Liquidity Crisis Now Imminent
As indicated by the current ratio of 0.08 in the most recent period, IMTE faces an acute liquidity crisis, as its current liabilities vastly exceed its current assets, leaving the company with virtually no margin of safety to meet its immediate short-term financial obligations or operational expenses.
A current ratio below 1.0 is a severe warning sign, but a figure of 0.08 suggests that the company is effectively insolvent on a working capital basis. This extreme lack of liquidity implies that the company is entirely dependent on the goodwill of creditors or the ability to issue equity to avoid default.