Lifeway Foods, Inc. (LWAY) quarterly balance sheet — complete assets, liabilities & 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 | 42.67M | 37.06M | 53.81M | 49.33M | 47.38M | 43.6M | 44.77M | 39.28M | 37.59M | 38.2M | 36.93M | 29.66M | 27.55M | 26.98M | 31.65M | 27.17M | 29.59M | 29.05M | 29.15M | 28.12M |
| Cash & Short-Term Investments | 5.6M | 5.57M | 22.99M | 21.22M | 19.45M | 16.73M | 20.56M | 14.63M | 12.03M | 13.2M | 12.63M | 7.45M | 5.21M | 4.44M | 8.93M | 5.91M | 7.99M | 9.23M | 10.02M | 10.41M |
| Cash Only | 5.6M | 5.57M | 22.99M | 21.22M | 19.45M | 16.73M | 20.56M | 14.63M | 12.03M | 13.2M | 12.63M | 7.45M | 5.21M | 4.44M | 8.93M | 5.91M | 7.99M | 9.23M | 10.02M | 10.41M |
| 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 | 23.03M | 16.64M | 17.42M | 16.07M | 16.68M | 16.05M | 13.87M | 14.71M | 15.44M | 13.88M | 13.36M | 11.32M | 11.98M | 11.41M | 12.16M | 11.14M | 11.89M | 10.27M | 10.24M | 9.51M |
| Days Sales Outstanding | 28.33 | 28.3 | 26.96 | 27.64 | 31.96 | 29.33 | 28.52 | 27.91 | 29.89 | 29.76 | 27.76 | 27.03 | 27.78 | 30.26 | 28.1 | 31.29 | 29.25 | 30.47 | 30.75 | 30.45 |
| Inventory | 11.45M | 11.89M | 11.06M | 10.22M | 9.24M | 8.68M | 8.44M | 8.45M | 8.13M | 9.1M | 9.32M | 9.67M | 9.29M | 9.63M | 9.19M | 8.44M | 8.65M | 8.29M | 7.57M | 7.29M |
| Days Inventory Outstanding | 23 | 26.39 | 24.58 | 23 | 23 | 22.48 | 22.71 | 20.95 | 23.59 | 27.85 | 29.36 | 30.87 | 28.69 | 31.02 | 26.54 | 27.97 | 26.72 | 29.98 | 30.31 | 29.71 |
| Other Current Assets | 2.59M | 2.95M | 318K | 1.82M | 2.01M | 2.14M | 1.89M | 1.49M | 1.99M | 2.02M | 1.62M | 1.21M | 0 | 44K | 0 | 580K | 1.07M | 1.25M | 1.31M | 908K |
| Total Non-Current Assets | 77.83M | 68.55M | 55.72M | 48.94M | 46.29M | 46.94M | 46.54M | 45.66M | 45.17M | 44.45M | 43.13M | 42.51M | 43.1M | 42.02M | 42.12M | 41.99M | 41.38M | 42.5M | 41.19M | 35.52M |
| Property, Plant & Equipment | 58.4M | 48.75M | 36.78M | 31.01M | 28.22M | 26.98M | 26.45M | 25.43M | 24.8M | 22.96M | 22.49M | 21.84M | 22.29M | 21.08M | 21.04M | 20.77M | 20.04M | 20.35M | 20.8M | 20.9M |
| Fixed Asset Turnover | 1.18x | 1.29x | 1.69x | 1.82x | 1.67x | 1.76x | 1.78x | 1.96x | 1.87x | 1.85x | 1.85x | 1.78x | 1.75x | 1.70x | 1.82x | 1.64x | 1.69x | 1.51x | 1.42x | 1.39x |
| Goodwill | 11.7M | 11.7M | 11.7M | 11.7M | 11.7M | 11.7M | 11.7M | 11.7M | 11.7M | 11.7M | 11.7M | 11.7M | 11.7M | 11.7M | 11.7M | 11.7M | 11.7M | 11.7M | 0 | 9.12M |
| Intangible Assets | 5.68M | 5.82M | 5.95M | 6.09M | 6.22M | 6.36M | 6.49M | 6.63M | 6.76M | 6.9M | 7.03M | 7.17M | 7.3M | 7.44M | 7.57M | 7.71M | 7.84M | 7.98M | 18.59M | 3.7M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 141K | 1.8M | 0 | 0 | 0 | 6.9M | -3.03M | 0 | 1.8M | 1.8M | 0 | 1.8M | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 2.05M | 2.29M | 1.28M | 135K | 0 | 100K | 1.9M | 1.9M | 1.9M | -5M | 1.9M | 1.8M | 0 | 0 | 1.8M | -3.2M | 1.8M | 1.8M | 1.8M | 1.8M |
| Total Assets | 120.5M | 105.61M | 109.53M | 98.27M | 93.67M | 90.55M | 91.31M | 84.94M | 82.75M | 82.64M | 80.05M | 72.16M | 70.66M | 69M | 73.77M | 69.15M | 70.98M | 71.55M | 70.34M | 63.64M |
| Asset Turnover | 0.56x | 0.51x | 0.55x | 0.56x | 0.50x | 0.52x | 0.52x | 0.59x | 0.54x | 0.52x | 0.54x | 0.55x | 0.54x | 0.50x | 0.53x | 0.48x | 0.48x | 0.44x | 0.44x | 0.46x |
| Asset Growth % | 28.65% | 16.64% | 19.95% | 15.69% | 13.19% | 9.57% | 14.06% | 17.71% | 17.12% | 19.77% | 8.52% | 4.35% | -0.46% | -3.56% | 4.88% | 8.66% | 14.19% | 15.3% | 17.44% | 11.2% |
| Total Current Liabilities | 19.95M | 16.64M | 23.41M | 16.29M | 16.37M | 15.5M | 16.71M | 13.86M | 14.88M | 16.62M | 16.41M | 12.13M | 13.79M | 13.04M | 14.5M | 11.03M | 13.11M | 12.06M | 12.84M | 8.98M |
| Accounts Payable | 13.85M | 11.01M | 17.5M | 11.88M | 11.63M | 10.4M | 11.12M | 9.37M | 10.02M | 9.98M | 9.1M | 5.57M | 9.15M | 7.98M | 9.12M | 6.86M | 8.72M | 6.61M | 7.87M | 5.29M |
| Days Payables Outstanding | 24.49 | 32.79 | 33.94 | 27.79 | 28.29 | 28.25 | 27.53 | 24.5 | 27.38 | 28.83 | 22.68 | 23.95 | 25.97 | 28.17 | 24.06 | 25.51 | 24.2 | 27.38 | 26.82 | 22.39 |
| Short-Term Debt | 127K | 106K | 0 | 0 | 0 | 0 | 0 | 0 | 1.25M | 1.25M | 1.25M | 1.31M | 1M | 1.25M | 0 | 1M | 1.12M | 1.13M | 1.14M | 169K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1.05M | 5.31M | 0 | 0 | 0 | 868K | 0 | 1.11M | 0 | 0 | 0 | 994K | 416K | 0 | 1.88M | 0 | 628K | 642K | 635K | 696K |
| Current Ratio | 2.14x | 2.23x | 2.30x | 3.03x | 2.89x | 2.81x | 2.68x | 2.83x | 2.53x | 2.30x | 2.25x | 2.44x | 2.00x | 2.07x | 2.18x | 2.46x | 2.26x | 2.41x | 2.27x | 3.13x |
| Quick Ratio | 1.56x | 1.51x | 1.83x | 2.40x | 2.33x | 2.25x | 2.17x | 2.22x | 1.98x | 1.75x | 1.68x | 1.65x | 1.32x | 1.33x | 1.55x | 1.70x | 1.60x | 1.72x | 1.68x | 2.32x |
| Cash Conversion Cycle | 26.84 | 21.91 | 17.6 | 22.86 | 26.68 | 23.56 | 23.69 | 24.36 | 26.1 | 28.77 | 34.44 | 33.95 | 30.51 | 33.1 | 30.58 | 33.75 | 31.77 | 33.07 | 34.24 | 37.77 |
| Total Non-Current Liabilities | 10.23M | 3.15M | 3.35M | 3.28M | 3.13M | 3.13M | 3.08M | 3.09M | 4.34M | 5.59M | 7.67M | 7.86M | 8.12M | 8.39M | 8.78M | 9.04M | 9.52M | 10.35M | 8.44M | 4.66M |
| Long-Term Debt | 6.94M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.24M | 1.48M | 4.51M | 4.76M | 5M | 5.25M | 5.5M | 5.75M | 6M | 6.25M | 6.5M | 2.78M |
| Capital Lease Obligations | 426K | 360K | 289K | 220K | 68K | 70K | 79K | 88K | 102K | 118K | 130K | 73K | 88K | 104K | 74K | 86K | 98K | 85K | 113K | 107K |
| Deferred Tax Liabilities | 2.79M | 2.79M | 0 | 3.06M | 3.06M | 3.06M | 3M | 3M | 3M | 3.99M | 3.03M | 3.03M | 0 | 0 | 3.2M | 3.2M | 3.2M | 3.87M | 1.76M | 1.76M |
| Other Non-Current Liabilities | 74K | 0 | 3.06M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.03M | 3.03M | 0 | 0 | 224K | 147K | 62K | 12K |
| Total Liabilities | 30.18M | 19.79M | 26.76M | 19.57M | 19.5M | 18.64M | 19.79M | 16.95M | 19.22M | 22.2M | 24.07M | 19.99M | 21.91M | 21.43M | 23.27M | 20.06M | 22.63M | 22.42M | 21.28M | 13.64M |
| Total Debt | 7.49M | 466K | 358K | 278K | 109K | 117K | 136K | 154K | 2.66M | 2.92M | 5.96M | 6.14M | 6.16M | 6.68M | 5.64M | 6.93M | 7.21M | 7.46M | 7.76M | 3.05M |
| Net Debt | 1.89M | -5.11M | -22.63M | -20.94M | -19.34M | -16.61M | -20.42M | -14.48M | -9.37M | -10.27M | -6.67M | -1.31M | 950K | 2.23M | -3.3M | 1.01M | -772K | -1.77M | -2.26M | -7.36M |
| Debt / Equity | 0.08x | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.04x | 0.05x | 0.11x | 0.12x | 0.13x | 0.14x | 0.11x | 0.14x | 0.15x | 0.15x | 0.16x | 0.06x |
| Debt / EBITDA | 1.18x | 0.10x | 0.06x | 0.04x | 0.04x | 0.07x | 0.03x | 0.02x | 0.61x | 0.45x | 1.02x | 1.11x | 2.77x | 2.48x | 2.94x | 7.20x | - | 6.51x | 4.51x | 0.97x |
| Net Debt / EBITDA | 0.30x | -1.07x | -3.72x | -3.10x | -7.70x | -10.30x | -4.05x | -2.33x | -2.15x | -1.57x | -1.14x | -0.24x | 0.43x | 0.83x | -1.72x | 1.05x | - | -1.54x | -1.31x | -2.35x |
| Interest Coverage | 93.01x | 178.00x | 243.48x | 282.48x | 355.71x | 259.67x | 1082.50x | 115.02x | 69.78x | 92.89x | 46.22x | 43.98x | 13.87x | 18.03x | 15.45x | 4.56x | -25.00x | 9.23x | 34.57x | 118.45x |
| Total Equity | 90.32M | 85.82M | 82.76M | 78.7M | 74.17M | 71.91M | 71.52M | 68M | 63.53M | 60.44M | 55.98M | 52.17M | 48.74M | 47.57M | 50.5M | 49.09M | 48.34M | 49.13M | 49.06M | 50.01M |
| Equity Growth % | 21.78% | 19.34% | 15.72% | 15.73% | 16.74% | 18.99% | 27.77% | 30.33% | 30.35% | 27.05% | 10.86% | 6.27% | 0.82% | -3.18% | 2.93% | -1.83% | 0.25% | 4.86% | 5.49% | 12.03% |
| Book Value per Share | 5.80 | 5.51 | 5.37 | 5.11 | 4.99 | 4.84 | 4.69 | 4.47 | 4.17 | 3.98 | 3.71 | 3.46 | 3.24 | 3.06 | 3.19 | 3.09 | 3.13 | 3.11 | 3.13 | 3.17 |
| Total Shareholders' Equity | 90.32M | 85.82M | 82.76M | 78.7M | 74.17M | 71.91M | 71.52M | 68M | 63.53M | 60.44M | 55.98M | 52.17M | 48.74M | 47.57M | 50.5M | 49.09M | 48.34M | 49.13M | 49.06M | 50.01M |
| Common Stock | 6.51M | 6.51M | 6.51M | 6.51M | 6.51M | 6.51M | 6.51M | 6.51M | 6.51M | 6.51M | 6.51M | 6.51M | 6.51M | 6.51M | 6.51M | 6.51M | 6.51M | 6.51M | 6.51M | 6.51M |
| Retained Earnings | 93.36M | 88.68M | 86.14M | 82.61M | 78.36M | 74.82M | 74.98M | 72.01M | 68.22M | 65.8M | 61.83M | 58.42M | 55.26M | 54.43M | 53.71M | 52.73M | 52.61M | 53.51M | 53.6M | 53.12M |
| Treasury Stock | -12.89M | -13.21M | -13.23M | -13.27M | -13.38M | -14.05M | -15.88M | -16.05M | -16.7M | -16.7M | -16.7M | -16.92M | -16.99M | -16.99M | -13M | -13.16M | -13.44M | -13.44M | -13.44M | -12.11M |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |