VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemes
DCF ValuationCalculate intrinsic value of US stocks
Market ValuationBuffett indicator, CAPE & macro gauges
Total ReturnSee dividends + price return history
DCA CalculatorSimulate recurring buys & compounding
Earnings
FAANG & Tech
AAPL vs MSFTNVDA vs AMDGOOGL vs META
Cloud & Cyber
CRM vs NOWCRWD vs PANWSNOW vs DDOG
Consumer & Auto
TSLA vs FAMZN vs WMTNFLX vs DIS
Finance & Crypto
JPM vs BACV vs MACOIN vs MSTR
Pharma & Energy
LLY vs NVOJNJ vs PFEXOM vs CVX
Compare Any Stocks...
WatchlistInsider
ScreenerThemes
Earnings
WatchlistInsider
MSAI
← Back to Screener
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Data updated daily

Product

  • Screener
  • Themes
  • Valuation
  • Total Return
  • DCA Calculator
  • News
  • Earnings

Resources

  • Market Valuation
  • Compare
  • Insider Activity
  • Methodology
  • How It Works
  • Glossary
  • Learn

Get Ideas

Get weekly stock ideas — free

© 2026 VCP Scanner
AboutPrivacyTerms
Not financial advice. Do your own research.
ScreenerNewsCompareWatchlist
MSAIMultiSensor AI Holdings, Inc.
$5.35$5M
Overview & Verdict
Overview
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice HistoryTechnical Analysis
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Ownership
Holders
HomeStocksMSAIBalance Sheet

MultiSensor AI Holdings, Inc. (MSAI) Balance Sheet

5Y historyFree accessUpdated daily

Despite historical erosion of shareholder value, the company has improved its liquidity position to $22.6M in cash as of 2026Q1, though this is offset by $68.8M in accumulated losses.

MSAI Balance Sheet

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly
MetricTTMDec'25Dec'24Dec'23Dec'22Dec'21
Total Current Assets28.44M30.88M10.52M12.51M14.93M22.2M
Cash & Short-Term Investments22.55M24.36M4.36M1.16M654K3.37M
Cash Only22.55M24.36M4.36M1.16M654K3.37M
Short-Term Investments000000
Accounts Receivable1.19M1.67M1.55M2.54M2.58M3.15M
Days Sales Outstanding76.77109.8176.63170.47129.4239.99
Inventory3.79M4.02M4.18M6.93M9.63M11.3M
Days Inventory Outstanding467.27556.22590.91.1K708.38401
Other Current Assets907K826K150K0077K
Total Non-Current Assets4.39M4.59M4.96M3.86M2.53M2.5M
Property, Plant & Equipment3.86M4.08M4.1M3.21M2.53M1.39M
Fixed Asset Turnover1.43x1.36x1.81x1.69x2.87x20.75x
Goodwill000000
Intangible Assets000000
Long-Term Investments000000
Other Non-Current Assets533K508K865K646K-597K2K
Total Assets32.84M35.47M15.48M16.37M17.46M24.7M
Asset Turnover0.25x0.16x0.48x0.33x0.42x1.17x
Asset Growth %181.19%129.19%-5.46%-6.24%-29.32%-
Total Current Liabilities2.19M2.65M3.02M10.76M7M1.88M
Accounts Payable429K291K825K2.63M1.36M899K
Days Payables Outstanding77.0840.26116.62417.9110031.91
Short-Term Debt00172K1.4M1.95M0
Deferred Revenue (Current)3.89M0483K1.94M287K140K
Other Current Liabilities1.76M2.36M245K114K224K99K
Current Ratio12.99x11.66x3.49x1.16x2.13x11.82x
Quick Ratio11.26x10.14x2.10x0.52x0.76x5.81x
Cash Conversion Cycle466.96625.76550.9853.75737.8409.07
Total Non-Current Liabilities927K794K173K5.88M18.67M18.39M
Long-Term Debt0005.7M18.57M18.39M
Capital Lease Obligations000000
Deferred Tax Liabilities258K33K80K18K90K0
Other Non-Current Liabilities864K10K10K49K00
Total Liabilities3.12M3.44M3.19M16.64M25.67M20.27M
Total Debt00310K7.23M20.62M18.39M
Net Debt-22.55M-24.36M-4.05M6.08M19.97M15.01M
Debt / Equity0.00x-0.03x--4.14x
Debt / EBITDA-0.00x----4.19x
Net Debt / EBITDA2.77x----3.42x
Interest Coverage---347.57x-233.68x-104.09x11.89x
Total Equity29.72M32.03M12.29M-268K-8.21M4.44M
Equity Growth %772.08%160.68%4685.07%96.74%-285.01%-
Book Value per Share14.7734.3124.43-1.71-27.4614.84
Total Shareholders' Equity29.72M32.03M12.29M-268K-8.21M4.44M
Common Stock08K3K1K00
Retained Earnings-68.81M-66.34M-54.63M-33.13M-10.86M2.43M
Treasury Stock000000
Accumulated OCI0000-377.09K0
Minority Interest000000

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Liquidity and capital exhaustion

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Cash Runway Amidst Operational Burn

According to the most recent 2026Q1 financial filings, MSAI maintains a cash balance of $22.6M, which provides a temporary liquidity buffer, though the company's historical burn rate suggests this capital may be depleted rapidly if the current negative operating margin trajectory is not corrected immediately.

The current ratio of 12.99 indicates a high level of short-term liquidity, but this is largely a function of the recent capital raise rather than operational efficiency. Investors should monitor whether this cash position is utilized to achieve a sustainable scale or if it merely delays the necessity for further dilutive financing.

Equity Quality and Dilution Risks

As reported in the company's balance sheet data, the equity base has been significantly impacted by accumulated losses of $68.8M, reflecting a persistent erosion of shareholder value that warrants close investigation into the company's long-term ability to generate positive returns on invested capital.

The transition to a positive equity position in recent quarters appears to be driven by external capital injections rather than organic retained earnings growth. This reliance on equity financing to offset operational deficits suggests that shareholders may face continued dilution if the business model fails to reach profitability.

Asset Composition and Capital Intensity

Based on the 2026Q1 balance sheet, MSAI's asset base is relatively lean with $3.9M in net PPE, suggesting that the company's primary value proposition is not tied to heavy physical infrastructure but rather to the proprietary software and sensor technology integrated into its industrial offerings.

The lack of significant goodwill or intangible assets on the balance sheet is a positive indicator of accounting transparency, though it also implies that the company's competitive moat is not currently being captured as a capitalized asset. The asset mix remains heavily weighted toward cash, which underscores the speculative nature of the current business model.

Balance Sheet Strengthening Through Capitalization

As evidenced by the shift from a negative equity position in 2023Q4 to $29.7M in 2026Q1, MSAI has successfully bolstered its balance sheet through capital markets activity, though this improvement masks the underlying operational challenges and the continued reliance on external funding to sustain the business.

While the balance sheet appears more stable than in previous periods, the trajectory is heavily dependent on the company's ability to convert its cash reserves into a self-sustaining revenue engine. The absence of debt is a notable strength, yet it may also reflect limited access to traditional credit markets given the company's negative profitability profile.

MSAI — Frequently Asked Questions

Quick answers to the most common questions about buying MSAI stock.

What are the total assets of MultiSensor AI Holdings, Inc. (MSAI)?

As of 2025, MultiSensor AI Holdings, Inc. (MSAI) had total assets of $35.5M including $30.9M in current assets.

How much debt does MultiSensor AI Holdings, Inc. (MSAI) have?

MultiSensor AI Holdings, Inc. (MSAI) carries total debt of $0.0M, offset by $24.4M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.

What is the book value or shareholders' equity of MultiSensor AI Holdings, Inc.?

MultiSensor AI Holdings, Inc. (MSAI) has total shareholders' equity (book value) of $32.0M ($34.31 book value per share). Book value represents the net worth of the company belonging to common stock holders.

What is MultiSensor AI Holdings, Inc.'s current ratio and liquidity?

MultiSensor AI Holdings, Inc. (MSAI) reported a current ratio of 11.66x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.