The company maintains a strong liquidity profile with a current ratio of 4.76, though the asset base has contracted to $8.7 billion as of 2026Q1, largely due to significant goodwill adjustments.
| Total Current Assets | 1.99B | 2.48B | 2.17B | 2.07B | 1.52B | 2.27B | 1.69B |
| Cash & Short-Term Investments | 1.34B | 1.84B | 1.43B | 1.21B | 1.02B | 616M | 85M |
| Cash Only | 1.21B | 1.84B | 1.43B | 1.21B | 1.02B | 616M | 85M |
| Short-Term Investments | 133M | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 226M | 131M | 212M | 357M | 269M | 155M | 93M |
| Days Sales Outstanding | 35.11 | 25.25 | 46.78 | 62.68 | 52.53 | 40.82 | 35.1 |
| Inventory | 303M | 327M | 415M | 391M | 113M | 97M | 128M |
| Days Inventory Outstanding | 111.48 | 120.56 | 165.91 | 138.29 | 43.55 | 48.43 | 79.05 |
| Other Current Assets | 120M | 184M | 121M | 106M | 110M | 1.4B | 1.39B |
| Total Non-Current Assets | 6.74B | 10.01B | 10.4B | 13.82B | 13.93B | 14.38B | 14.77B |
| Property, Plant & Equipment | 468M | 473M | 458M | 496M | 384M | 304M | 187M |
| Fixed Asset Turnover | 4.36x | 4.00x | 3.61x | 4.19x | 4.87x | 4.56x | 5.17x |
| Goodwill | 4.91B | 8.2B | 8.2B | 10.89B | 10.89B | 10.89B | 10.89B |
| Intangible Assets | 1.18B | 1.17B | 1.61B | 2.05B | 2.53B | 3.07B | 3.58B |
| Long-Term Investments | 10M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 182M | 175M | 138M | 67M | 119M | 115M | 108M |
| Total Assets | 8.73B | 12.49B | 12.58B | 15.89B | 15.44B | 16.66B | 16.46B |
| Asset Turnover | 0.17x | 0.15x | 0.13x | 0.13x | 0.12x | 0.08x | 0.06x |
| Asset Growth % | -49.6% | -0.69% | -20.83% | 2.89% | -7.29% | 1.17% | - |
| Total Current Liabilities | 419M | 406M | 333M | 403M | 384M | 474M | 310M |
| Accounts Payable | 0 | 228M | 190M | 229M | 189M | 160M | 109M |
| Days Payables Outstanding | 55.87 | 84.06 | 75.96 | 80.99 | 72.85 | 79.89 | 67.32 |
| Short-Term Debt | 0 | 0 | 13M | 12M | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 419M | 178M | 126M | 75M | 122M | 151M | 198M |
| Current Ratio | 4.76x | 6.10x | 6.53x | 5.13x | 3.95x | 4.79x | 5.46x |
| Quick Ratio | 4.03x | 5.30x | 5.28x | 4.16x | 3.65x | 4.58x | 5.05x |
| Cash Conversion Cycle | 90.72 | 61.75 | 136.73 | 119.97 | 23.24 | 9.36 | 46.84 |
| Total Non-Current Liabilities | 152M | 205M | 159M | 561M | 263M | 292M | 310M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 37M | 39M | 0 | 0 | 0 |
| Deferred Tax Liabilities | 133M | 60M | 47M | 459M | 162M | 181M | 208M |
| Other Non-Current Liabilities | 147M | 145M | 75M | 63M | 101M | 111M | 102M |
| Total Liabilities | 571M | 611M | 492M | 964M | 647M | 766M | 620M |
| Total Debt | 0 | 0 | 50M | 51M | 0 | 0 | 0 |
| Net Debt | -1.21B | -1.84B | -1.38B | -1.16B | -1.02B | -616M | -85M |
| Debt / Equity | 0.00x | - | 0.00x | 0.00x | - | - | - |
| Debt / EBITDA | -0.00x | - | - | 0.11x | - | - | - |
| Net Debt / EBITDA | 0.32x | -23.84x | - | -2.42x | -1.93x | -1.31x | - |
| Interest Coverage | - | - | - | - | -0.33x | - | - |
| Total Equity | 8.16B | 11.88B | 12.09B | 14.92B | 14.79B | 15.89B | 15.84B |
| Equity Growth % | -53.16% | -1.7% | -19.01% | 0.88% | -6.89% | 0.3% | - |
| Book Value per Share | 9.99 | 14.61 | 14.94 | 18.54 | 18.45 | 19.95 | 19.90 |
| Total Shareholders' Equity | 8.16B | 11.88B | 12.09B | 14.92B | 14.79B | 15.89B | 15.84B |
| Common Stock | 8M | 8M | 8M | 8M | 9M | 15.88B | 15.84B |
| Retained Earnings | -7.27B | -3.45B | -3.06B | 30M | 57M | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 9M | 17M | 2M | 0 | -9M | 5M | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
High Goodwill Impairment Risk
As reported in recent financial statements, Mobileye's total assets declined from $15.9 billion in 2023Q4 to $8.7 billion by 2026Q1, a trend largely driven by significant adjustments in goodwill and intangible valuations that warrant close monitoring by investors assessing the company's long-term capital base.
The sharp reduction in total assets suggests a significant revaluation of the company's intangible footprint, likely reflecting the amortization or impairment of assets acquired during the Intel integration. This contraction indicates that the balance sheet is undergoing a structural reset, which may impact future return on invested capital metrics.
Based on quarterly data, goodwill remains a dominant component of the asset mix, representing $4.9 billion of the $8.7 billion total assets as of 2026Q1, which suggests that the company's valuation is heavily reliant on the perceived long-term value of its acquired intellectual property and market position.
The high concentration of goodwill relative to total assets implies that the balance sheet is sensitive to any potential impairment charges if the competitive landscape for ADAS technology shifts unfavorably. Investors should consider that this asset structure provides limited tangible collateral, placing the burden of value creation entirely on future software-driven revenue growth.
According to recent SEC filings, Mobileye maintains a strong liquidity position with a current ratio of 4.76 as of 2026Q1, providing a substantial buffer against the cyclical volatility inherent in the automotive supply chain and the company's ongoing, high-intensity research and development expenditure requirements.
The company's ability to maintain a high current ratio despite significant R&D outflows suggests a conservative approach to working capital management. This liquidity cushion appears sufficient to navigate potential inventory digestion cycles at Tier-1 partners without requiring immediate external financing or compromising its long-term technical roadmap.
As indicated by quarterly financial data, the company's retained earnings have shifted from a positive $30 million in 2023Q4 to a deficit of $7.3 billion by 2026Q1, reflecting the cumulative impact of aggressive R&D spending and accounting adjustments that have significantly weighed on the equity base.
The rapid transition into a substantial retained earnings deficit suggests that the company is prioritizing aggressive market share capture and technological development over immediate profitability. This trend warrants further investigation into whether the current pace of investment is sustainable without further dilutive equity actions or a pivot toward more disciplined capital allocation.
Quick answers to the most common questions about buying MBLY stock.
As of 2025, Mobileye Global Inc. (MBLY) had total assets of $12.49B including $2.48B in current assets.
Mobileye Global Inc. (MBLY) carries total debt of $0.0M, offset by $1.84B in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Mobileye Global Inc. (MBLY) has total shareholders' equity (book value) of $11.88B ($14.61 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Mobileye Global Inc. (MBLY) reported a current ratio of 6.10x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.