The company maintains a disciplined capital structure with a debt-to-equity ratio of 0.31, though this is offset by a $103.7 million deficit in retained earnings.
| Metric | TTM | Jun'25 | Jun'24 | Jun'23 | Jun'22 | Jun'21 | Jun'20 | Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 | Jun'09 | Jun'08 | Jun'07 | Jun'06 | Jun'05 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Total Current Assets | 39.31M | 50.89M | 37.65M | 44.28M | 46.96M | 48.05M | 43.87M | 43.19M | 38.94M | 35.55M | 42.41M | 30.48M | 39.97M | 45.94M | 38.83M | 10.28M | 3.03M | 2.99M | 1.97M | 1.15M | 4.41M | 6.03M | 2.22K | 756 | 39.49K | 44.01K | 35.74K | 215 | 308.63K | 308.52K |
| Cash & Short-Term Investments | 12.48M | 20.2M | 16.89M | 21.61M | 20.19M | 23.17M | 22.14M | 18.82M | 16.65M | 11.46M | 7.88M | 13.9M | 20.39M | 26.3M | 24.65M | 6.72M | 1.98M | 1.13M | 1.3M | 160.76K | 3.24M | 3.39M | 2.22K | 756 | 3.75K | 8.27K | 0 | 215 | 306.43K | 306.32K |
| Cash Only | 12.48M | 20.2M | 16.89M | 21.61M | 20.19M | 23.17M | 22.14M | 18.82M | 16.65M | 11.46M | 7.88M | 13.9M | 20.39M | 26.3M | 24.65M | 6.37M | 1.64M | 608.79K | 196.88K | 160.76K | 228.11K | 3.39M | 2.22K | 756 | 3.75K | 8.27K | 0 | 215 | 1.02K | 911 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 350K | 340K | 520K | 1.1M | 0 | 3.01M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 305.41K | 305.41K |
| Accounts Receivable | 2.42M | 3.93M | 3.26M | 1.85M | 5.09M | 3.96M | 2.61M | 3.3M | 2.52M | 2.25M | 1.55M | 3.21M | 6M | 3.94M | 333.3K | 941.8K | 401.6K | 767.87K | 98.01K | 398.46K | 260.57K | 1.02M | 0 | 0 | 0 | 0 | 0 | 0 | 2.2K | 2.2K |
| Days Sales Outstanding | 8.04 | 6.28 | 5.95 | 3.17 | 9 | 6.57 | 4.09 | 5.33 | 4.52 | 4.11 | 2.74 | 6.16 | 10.23 | 6.91 | 0.96 | 8.83 | 12.77 | 67.68 | 11.18 | 28.79 | 13.27 | 158.19 | - | - | - | - | - | - | - | - |
| Inventory | 18.38M | 20.67M | 15.05M | 16.07M | 16.47M | 16.14M | 13.89M | 13.75M | 13.63M | 16.57M | 25.12M | 9.25M | 8.83M | 10.52M | 11.35M | 2.12M | 493.86K | 740.01K | 104.42K | 27.83K | 45K | 219.64K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 161.16 | 168.16 | 132.6 | 135.22 | 157.82 | 154.32 | 133.52 | 132.2 | 142.73 | 180.83 | 270.17 | 120.51 | 97.05 | 104.83 | 229.54 | 131.05 | 94.57 | 316.73 | 54.81 | 9.93 | 11.01 | 203.71 | - | - | - | - | - | - | - | - |
| Other Current Assets | 6.03M | 6.09M | 2.44M | 4.75M | 0 | 0 | 0 | 0 | 0 | 0 | 2.26M | 1.12M | 158K | 2.88M | 2.49M | 487.81K | 0 | 6.48K | 277.98K | 388.79K | 555.3K | 991.56K | 0 | 0 | 35.74K | 35.74K | 35.74K | 0 | 0 | 0 |
| Total Non-Current Assets | 22.81M | 21.06M | 22.65M | 21.84M | 23.75M | 30.68M | 15.01M | 12.09M | 12.2M | 9.7M | 7.85M | 10.4M | 14.03M | 9.54M | 5.7M | 2.22M | 3.2M | 2.73M | 2.58M | 2.76M | 6.03M | 5.81M | 35.74K | 35.74K | 0 | 0 | 0 | 182.91K | 0 | 0 |
| Property, Plant & Equipment | 13.76M | 14.25M | 17.38M | 17.82M | 20.54M | 24.82M | 8.13M | 7.13M | 6.59M | 3.13M | 3.46M | 5.76M | 6.94M | 5.69M | 2M | 227.81K | 196.35K | 274.74K | 63.56K | 108.92K | 245K | 200.94K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Fixed Asset Turnover | 13.67x | 16.04x | 11.52x | 11.97x | 10.05x | 8.87x | 28.66x | 31.69x | 30.85x | 63.80x | 59.76x | 33.05x | 30.83x | 36.57x | 63.19x | 170.84x | 58.46x | 15.07x | 50.35x | 46.38x | 29.25x | 11.71x | - | - | - | - | - | - | - | - |
| Goodwill | 472K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 3.19M | 245K | 323K | 455K | 587K | 719K | 851K | 983K | 1.11M | 1.25M | 1.74M | 1.88M | 2.01M | 1.75M | 1.88M | 1.96M | 2.05M | 2.18M | 2.27M | 2.31M | 5.47M | 5.58M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 2.21M | 2.21M | 0 | 0 | 0 | 0 | 1.1M | 1.35M | 0 | 0 | 0 | 113.61K | 130K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 591K | 601K | 680K | 569K | 1.33M | 1.72M | 1.66M | 1.28M | 1.25M | 1.24M | 1.52M | 1.43M | 2.43M | 1.37M | 342.11K | 32.17K | 844.79K | 149.82K | 241.93K | 340.44K | 316.62K | 31.19K | 35.74K | 35.74K | 0 | 0 | 0 | 182.91K | 0 | 0 |
| Total Assets | 62.13M | 71.96M | 60.3M | 66.12M | 70.71M | 78.73M | 58.88M | 55.27M | 51.14M | 45.25M | 50.26M | 40.88M | 54M | 55.48M | 44.53M | 12.5M | 6.23M | 5.72M | 4.55M | 3.91M | 10.45M | 11.84M | 37.96K | 36.5K | 39.49K | 44.01K | 35.74K | 183.13K | 308.63K | 308.52K |
| Asset Turnover | 3.08x | 3.18x | 3.32x | 3.23x | 2.92x | 2.80x | 3.96x | 4.09x | 3.97x | 4.41x | 4.11x | 4.66x | 3.96x | 3.75x | 2.83x | 3.11x | 1.84x | 0.72x | 0.70x | 1.29x | 0.69x | 0.20x | - | - | - | - | - | - | - | - |
| Asset Growth % | 4.03% | 19.34% | -8.81% | -6.48% | -10.19% | 33.72% | 6.52% | 8.08% | 13.02% | -9.97% | 22.95% | -24.3% | -2.68% | 24.61% | 256.27% | 100.71% | 8.95% | 25.65% | 16.22% | -62.53% | -11.78% | 31097.81% | 4.01% | -7.58% | -10.27% | 23.14% | -80.48% | -40.67% | 0.04% | - |
| Total Current Liabilities | 20.1M | 27.22M | 22.31M | 19.61M | 25.73M | 25.2M | 25.02M | 26.2M | 23.8M | 23.36M | 28.55M | 25.86M | 22.7M | 20.57M | 16.03M | 13.38M | 5.13M | 3.73M | 1.16M | 1.2M | 2.16M | 865.2K | 14.47K | 6.78K | 1.33K | 0 | 24K | 156.18K | 87.97K | 63.83K |
| Accounts Payable | 5.15M | 5.06M | 6.29M | 4.22M | 7.92M | 7.59M | 4.61M | 5.18M | 3.81M | 4.85M | 8.89M | 2.61M | 2.85M | 5.17M | 3.62M | 799.21K | 770.94K | 2.03M | 139.8K | 148.7K | 613.83K | 657.53K | 9.97K | 4.78K | 1.33K | 0 | 2K | 106.77K | 40.46K | 24.23K |
| Days Payables Outstanding | 43.06 | 41.16 | 55.38 | 35.54 | 75.91 | 72.56 | 44.33 | 49.79 | 39.94 | 52.91 | 95.64 | 34.06 | 31.38 | 51.51 | 73.11 | 49.3 | 147.64 | 868.54 | 73.38 | 53.07 | 150.23 | 609.83 | - | - | - | - | - | - | - | - |
| Short-Term Debt | 1.89M | 0 | 0 | 0 | 0 | 0 | 0 | 1.45M | 2M | 2M | 2M | 11.14M | 4.7M | 0 | 0 | 433.98K | 1.14M | 581.44K | 167.47K | 2.3K | 0 | 0 | 0 | 0 | 0 | 0 | 22K | 29.41K | 27.52K | 19.6K |
| Deferred Revenue (Current) | 0 | 711K | 860K | 834K | 78K | 319K | 792K | 998K | 1.11M | 1.74M | 2.41M | 990K | 887K | 545K | 153.56K | 33.89K | 34.8K | 822.02K | 510.76K | 818.25K | 1.14M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 13.07M | 5.33M | 1.61M | 3.1M | 971K | 1.5M | 4.55M | 1.06M | 11.52M | 12.2M | 1.89M | -4.69M | 1.5M | 1.95M | 1.25M | 7.9M | 1.82M | 328.48K | 0 | 0 | 0 | 0 | 4.5K | 2K | 0 | 0 | 0 | 20K | 20K | 20K |
| Current Ratio | 1.96x | 1.87x | 1.69x | 2.26x | 1.83x | 1.91x | 1.75x | 1.65x | 1.64x | 1.52x | 1.49x | 1.18x | 1.76x | 2.23x | 2.42x | 0.77x | 0.59x | 0.80x | 1.71x | 0.96x | 2.04x | 6.97x | 0.15x | 0.11x | 29.72x | - | 1.49x | 0.00x | 3.51x | 4.83x |
| Quick Ratio | 1.04x | 1.11x | 1.01x | 1.44x | 1.18x | 1.27x | 1.20x | 1.12x | 1.06x | 0.81x | 0.61x | 0.82x | 1.37x | 1.72x | 1.71x | 0.61x | 0.49x | 0.60x | 1.62x | 0.94x | 2.02x | 6.72x | 0.15x | 0.11x | 29.72x | - | 1.49x | 0.00x | 3.51x | 4.83x |
| Cash Conversion Cycle | 126.14 | 133.27 | 83.18 | 102.84 | 90.91 | 88.33 | 93.28 | 87.74 | 107.32 | 132.03 | 177.27 | 92.6 | 75.9 | 60.23 | 157.4 | 90.59 | -40.29 | -484.13 | -7.4 | -14.34 | -125.95 | -247.93 | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 8.69M | 10.1M | 12M | 11.87M | 13.46M | 16.73M | 604K | 1.88M | 5.39M | 7.37M | 9.58M | 11.69M | 27.31M | 973K | 216.88K | 19.93M | 17.27M | 8.84M | 223.48K | 846 | 3.15K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 115K | 115K |
| Long-Term Debt | 8.32M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.41M | 5.44M | 7.41M | 9.63M | 25.07M | 0 | 0 | 0 | 121.01K | 382.19K | 223.48K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 115K | 115K |
| Capital Lease Obligations | 28.99M | 9.81M | 11.8M | 11.57M | 13.15M | 16.03M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 846 | 3.15K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.13M | 235K | 1.28M | 730K | 1.48M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 366K | 289K | 198K | 299K | 308K | 694K | 604K | 1.88M | 1.98M | 1.93M | 2.17M | 2.06M | 2.23M | 243K | 0 | 19.91M | 17.15M | 8.45M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 28.79M | 37.32M | 34.31M | 31.47M | 39.19M | 41.92M | 25.62M | 28.07M | 29.2M | 30.72M | 38.13M | 37.55M | 50.01M | 21.54M | 16.24M | 33.31M | 22.4M | 12.57M | 1.38M | 1.2M | 2.16M | 865.2K | 14.47K | 6.78K | 1.33K | 0 | 24K | 156.18K | 202.97K | 178.82K |
| Total Debt | 10.21M | 11.68M | 13.61M | 13.09M | 15.76M | 18.18M | 1.18M | 1.45M | 5.41M | 7.44M | 9.41M | 20.77M | 29.77M | 0 | 0 | 433.98K | 1.26M | 1.01M | 390.95K | 3.15K | 3.15K | 0 | 0 | 0 | 0 | 0 | 22K | 29.41K | 142.52K | 134.6K |
| Net Debt | -2.28M | -8.52M | -3.27M | -8.52M | -4.43M | -4.99M | -20.95M | -17.37M | -11.24M | -4.02M | 1.53M | 6.87M | 9.39M | -26.3M | -24.65M | -5.94M | -380.32K | 396.33K | 194.07K | -157.61K | -224.97K | -3.39M | -2.22K | -756 | -3.75K | -8.27K | 22K | 29.19K | 141.5K | 133.69K |
| Debt / Equity | 0.31x | 0.34x | 0.52x | 0.38x | 0.50x | 0.49x | 0.04x | 0.05x | 0.25x | 0.51x | 0.78x | 6.25x | 7.46x | - | - | - | - | - | 0.12x | 0.00x | 0.00x | - | - | - | - | - | 1.87x | 1.09x | 1.35x | 1.04x |
| Debt / EBITDA | 1.17x | 0.76x | 1.72x | 1.67x | 1.45x | 0.86x | 0.06x | 0.13x | 0.46x | 1.22x | 0.61x | 1.28x | 1.38x | - | - | 0.11x | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -0.26x | -0.56x | -0.41x | -1.09x | -0.41x | -0.24x | -1.02x | -1.53x | -0.96x | -0.66x | 0.10x | 0.42x | 0.44x | -1.92x | -1.12x | -1.52x | - | - | - | - | - | -2.06x | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | 470.10x | 1036.18x | 123.18x | 29.58x | 21.94x | 6.11x | 3.61x | 4.45x | 6.24x | 3718.67x | 332.68x | -7.47x | -1.07x | -5.87x | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 33.34M | 34.64M | 25.99M | 34.65M | 31.52M | 36.81M | 33.25M | 27.2M | 21.95M | 14.53M | 12.13M | 3.33M | 3.99M | 33.95M | 28.28M | -20.81M | -16.17M | -6.85M | 3.17M | 2.71M | 8.28M | 10.98M | 23.49K | 29.72K | 38.16K | 44.01K | 11.74K | 26.95K | 105.66K | 129.7K |
| Equity Growth % | 65.35% | 33.28% | -24.99% | 9.94% | -14.37% | 10.68% | 22.26% | 23.93% | 51.08% | 19.75% | 264.84% | -16.67% | -88.25% | 20.02% | 235.92% | -28.64% | -135.99% | -316.27% | 16.8% | -67.25% | -24.53% | 46633.27% | -20.97% | -22.11% | -13.29% | 274.8% | -56.42% | -74.5% | -18.53% | - |
| Book Value per Share | 2.63 | 2.67 | 2.00 | 2.76 | 2.41 | 2.58 | 2.28 | 1.82 | 1.55 | 1.03 | 0.83 | 0.23 | 0.25 | 1.93 | 1.67 | -1.99 | -1.97 | -1.19 | 0.98 | 0.85 | 2.62 | 4.37 | 0.17 | 0.21 | 0.28 | 0.34 | 0.10 | 0.23 | 0.89 | 1.09 |
| Total Shareholders' Equity | 33.34M | 34.64M | 25.99M | 34.65M | 31.52M | 36.81M | 33.25M | 27.2M | 21.95M | 14.53M | 12.13M | 3.33M | 3.99M | 33.95M | 28.28M | -20.81M | -16.17M | -6.85M | 3.17M | 2.71M | 8.28M | 10.98M | 23.49K | 29.72K | 38.16K | 44.01K | 11.74K | 26.95K | 105.66K | 129.7K |
| Common Stock | 1K | 1K | 1K | 1K | 1K | 1K | 1K | 1K | 1K | 14K | 14K | 98K | 102K | 121K | 110.85K | 98.8K | 61.49K | 53.97K | 24.77K | 22.27K | 22.12K | 22.12K | 6.73K | 6.73K | 6.63K | 5.67K | 5.67K | 5.67K | 5.67K | 5.67K |
| Retained Earnings | -103.66M | -104.15M | -108.74M | -98.31M | -98.44M | -92.35M | -93.31M | -99.96M | -102.73M | -106.99M | -108.08M | -114.09M | -111.24M | -76.48M | -76.96M | -88.45M | -37.66M | -23.87M | -14.76M | -12.7M | -9.01M | -6.28M | -361.34K | -355.11K | -339.67K | -323.32K | -298.59K | -283.38K | -204.67K | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -1.73M | -1.18M | -1.92M | -1.36M | -1.12M | 104K | 144K | 62K | 14K | -94K | 43K | -251K | -116K | -113K | -21.2K | -59.68K | -31.78K | -165.35K | -156.86K | -99.69K | -55.61K | -18.47K | 0 | 0 | 0 | 814 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Distributor Network Churn
As reported in recent financial filings, LifeVantage has maintained a relatively stable total asset base of $62.1 million in 2026Q3, despite a persistent multi-year trend of negative retained earnings which have accumulated to a deficit of $103.7 million, signaling a long-term erosion of shareholder equity.
The company's ability to preserve its asset base while operating with a significant accumulated deficit suggests a reliance on external capital or historical equity rather than organic value creation. Investors should monitor whether the current asset level can support the ongoing LV360 transformation without further eroding the company's net worth.
Based on the latest quarterly data, LifeVantage maintains a modest debt-to-equity ratio of 0.31, reflecting a disciplined approach to leverage that provides a necessary buffer against the volatility inherent in the company's direct-selling business model and its ongoing strategic pivot.
The reduction in total debt from $13.8 million in 2024Q2 to $10.2 million in 2026Q3 indicates a proactive effort to de-risk the balance sheet. This conservative stance appears strategic, as it minimizes interest expense during a period of revenue contraction and operational uncertainty.
According to recent balance sheet disclosures, the company maintains a current ratio of 1.96, which suggests a sufficient liquidity cushion to meet short-term obligations despite the cash position fluctuating between $10.2 million and $21.6 million over the past ten quarters.
While the current ratio remains healthy, the variability in cash balances warrants close observation, as it may reflect the timing of distributor commission payments and inventory procurement cycles. The company appears to have enough liquidity to fund its immediate operational needs, provided that revenue does not experience further non-linear declines.
As indicated by the company's financial statements, the equity base of $33.3 million is heavily impacted by a persistent negative retained earnings balance of $103.7 million, which raises questions regarding the long-term sustainability of the current capital structure and shareholder value preservation.
The reliance on paid-in capital to offset recurring losses suggests that the business has struggled to generate self-sustaining growth. Investors should be wary of the potential for future dilution if the company requires additional capital to fund its transformation or cover operational shortfalls.
Based on reported figures, the company's asset mix is heavily weighted toward non-liquid items, with net PPE of $13.8 million representing a significant portion of the $62.1 million total assets, which may limit the company's ability to pivot quickly in a changing regulatory environment.
The presence of these fixed assets in a business model that is increasingly shifting toward digital social commerce may indicate a potential for future impairment charges. The lack of deferred revenue in recent quarters further suggests that the company's subscription-based model may not be providing the anticipated forward visibility.
Quick answers to the most common questions about buying LFVN stock.
As of 2025, LifeVantage Corporation (LFVN) had total assets of $72.0M including $50.9M in current assets.
LifeVantage Corporation (LFVN) carries total debt of $11.7M, offset by $20.2M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
LifeVantage Corporation (LFVN) has total shareholders' equity (book value) of $34.6M ($2.67 book value per share). Book value represents the net worth of the company belonging to common stock holders.
LifeVantage Corporation (LFVN) reported a current ratio of 1.87x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.