Red Cat Holdings, Inc. (RCAT) quarterly balance sheet — complete assets, liabilities & equity history
Red Cat Holdings, Inc. (RCAT) balance sheet — 23-year assets, liabilities & shareholders' equity history
| Metric | Q2'27 | Q1'27 | Q4'26 | Q3'26 | Q2'26 | 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 |
|---|
| Total Current Assets | 425.11M | 209.66M | - | 226.94M | 248.8M | 91.57M | 29.41M | 25.8M | 20.91M | 23.26M | 22.4M | 27.94M | 23.26M | 26.52M | 32.18M | 40.53M | 44.82M | 51.18M | 55.65M | 61.25M |
| Cash & Short-Term Investments | 325.55M | 131.92M | - | 167.87M | 206.43M | 65.93M | 7.72M | 9.15M | 4.61M | 4.02M | 6.07M | 7.7M | 4.02M | 8.86M | 15.99M | 24.62M | 32.89M | 42.95M | 48.88M | 55.56M |
| Cash Only | 325.55M | 131.92M | - | 167.87M | 206.43M | 65.93M | 7.72M | 9.15M | 4.61M | 1.41M | 6.07M | 7.7M | 1.41M | 937.76K | 3.17M | 3.89M | 1.58M | 6.25M | 4.08M | 7.11M |
| Short-Term Investments | 0 | 0 | - | 0 | 0 | 0 | 0 | 0 | 0 | 2.62M | 0 | 0 | 2.62M | 7.92M | 12.81M | 20.73M | 31.3M | 36.71M | 44.79M | 48.45M |
| Accounts Receivable | 9.54M | 10.57M | - | 26.16M | 6.11M | 1.01M | 1.55M | 489K | 1.12M | 2.99M | 5.84M | 5.77M | 3.01M | 802.96K | 871.53K | 2.3M | 917.8K | 1.28M | 913.09K | 1.51M |
| Days Sales Outstanding | 45.33 | 61.5 | - | 56.11 | 33.95 | 36.68 | 55.79 | 55.51 | 123.2 | 146.26 | 78.96 | 69.03 | 44.62 | 44.06 | 130.69 | 88.68 | 135.1 | 89.47 | 82.19 | 56.37 |
| Inventory | 84.84M | 62.69M | - | 23.45M | 22.64M | 16.17M | 13.85M | 12.95M | 12.17M | 10.87M | 8.61M | 9.09M | 9.26M | 9.38M | 8.92M | 9.29M | 6.56M | 4.58M | 3.9M | 2.34M |
| Days Inventory Outstanding | 396.53 | 417.75 | - | 83.71 | 198.18 | 485.71 | 480.97 | 574.41 | 680.08 | 274.9 | 145.04 | 177.83 | 313.92 | 534.91 | 400.8 | 413.29 | 821.9 | 373.52 | 282.72 | 131.16 |
| Other Current Assets | 0 | 0 | - | 0 | 5.67M | 3.63M | 3.03M | 642K | 0 | 4.17M | 675K | 3.26M | 4.15M | 4.55M | 5.28M | 0 | 312.93K | 0 | 0 | 0 |
| Total Non-Current Assets | 102.37M | 72.22M | - | 50.67M | 37.22M | 29.79M | 30.24M | 29.81M | 30.18M | 27.34M | 26.14M | 27.38M | 27.34M | 27.63M | 28.57M | 30.56M | 30.23M | 29.79M | 29.43M | 29.14M |
| Property, Plant & Equipment | 32.3M | 26.98M | - | 20.92M | 11.07M | 4.09M | 4.16M | 3.37M | 3.47M | 3.05M | 3.82M | 2.93M | 3.05M | 3.11M | 4.25M | 2.86M | 2.55M | 1.95M | 1.53M | 1.09M |
| Fixed Asset Turnover | 0.68x | 0.57x | - | 1.64x | 1.27x | 0.78x | 0.43x | 0.39x | 0.47x | 0.81x | 1.96x | 1.95x | 1.28x | 0.48x | 0.30x | 0.62x | 0.33x | 0.65x | 1.00x | 2.09x |
| Goodwill | 45.26M | 31.52M | - | 17.67M | 17.67M | 17.67M | 17.67M | 17.67M | 22.96M | 17.01M | 9.09M | 17.01M | 17.01M | 17.01M | 17.01M | 19.84M | 19.84M | 25.14M | 25.14M | 26.03M |
| Intangible Assets | 22.04M | 12.49M | - | 6.92M | 7.29M | 7.67M | 8.05M | 8.45M | 3.44M | 6.89M | 3.79M | 6.67M | 6.89M | 7.11M | 6.89M | 7.56M | 7.78M | 2.64M | 2.7M | 1.98M |
| Long-Term Investments | 2.21M | 0 | - | 0 | 250K | 250K | 250K | 5.14M | 250K | 0 | 5.14M | 250K | 250K | 250K | 250K | 0 | 0 | 0 | 0 | 48.45M |
| Other Non-Current Assets | 563K | 1.23M | - | 1.23M | 935.81K | 113.05K | 113.05K | -4.83M | 59.82K | 389.31K | 4.29M | 509.36K | 139.31K | 150.62K | 161.58K | 307.03K | 57.03K | 57.03K | 57.03K | 35.91K |
| Total Assets | 527.49M | 281.88M | - | 277.61M | 286.02M | 121.37M | 59.66M | 55.6M | 51.09M | 50.61M | 48.54M | 55.32M | 50.61M | 54.15M | 60.74M | 71.09M | 75.04M | 80.97M | 85.08M | 90.38M |
| Asset Turnover | 0.05x | 0.05x | - | 0.09x | 0.05x | 0.04x | 0.03x | 0.03x | 0.03x | 0.06x | 0.13x | 0.11x | 0.08x | 0.03x | 0.02x | 0.02x | 0.01x | 0.01x | 0.01x | 0.02x |
| Asset Growth % | 84.42% | 132.26% | - | - | 459.82% | 139.83% | 22.91% | 0.52% | 0.96% | -6.55% | -20.09% | -22.19% | -32.56% | -33.12% | -28.6% | -21.34% | -19.63% | -2.91% | 627.58% | 648.06% |
| Total Current Liabilities | 28.61M | 19.08M | - | 14.85M | 23.89M | 24.13M | 28.91M | 4.18M | 14.67M | 4.41M | 3.65M | 5.23M | 4.41M | 3.58M | 4.05M | 5.14M | 4.52M | 4.55M | 5.44M | 5.13M |
| Accounts Payable | 12.78M | 9.24M | - | 3.62M | 2.97M | 1.48M | 1.52M | 2.05M | 1.59M | 1.62M | 1.58M | 2.28M | 1.62M | 822.67K | 1.39M | 2.44M | 1.65M | 937.36K | 1.02M | 521.14K |
| Days Payables Outstanding | 59.18 | 61.59 | - | 11.98 | 22.75 | 48.53 | 64.04 | 83.28 | 94.76 | 45.14 | 31.64 | 37.8 | 41.13 | 64.76 | 84.44 | 106.73 | 190.76 | 86.15 | 69.82 | 52.74 |
| Short-Term Debt | 892K | 0 | - | 5.88M | 13.7M | 19.78M | 25.48M | 350K | 4.09M | 953.82K | 751.57K | 899.93K | 953.82K | 936.15K | 922.14K | 1.23M | 1.19M | 919.29K | 956.9K | 1.17M |
| Deferred Revenue (Current) | 258K | 281K | - | 0 | 467.91K | 565.54K | 220.52K | 0 | 221.38K | 50.04K | 53.94K | 52.3K | 61.8K | 45.12K | 155.99K | 219.15K | 123.31K | 233.51K | 437.93K | 336.62K |
| Other Current Liabilities | 5.4M | 350K | - | 5.35M | 0 | 0 | 0 | 227K | 7M | 835.61K | 53.94K | 759.82K | 823.84K | 1.03M | 1.01M | 537.29K | 715.07K | 1.7M | 1.65M | 1.35M |
| Current Ratio | 14.86x | 10.99x | - | 15.29x | 10.42x | 3.80x | 1.02x | 6.17x | 1.43x | 5.28x | 6.13x | 5.34x | 5.28x | 7.41x | 7.94x | 7.88x | 9.91x | 11.24x | 10.23x | 11.93x |
| Quick Ratio | 11.89x | 7.70x | - | 13.71x | 9.47x | 3.12x | 0.54x | 3.07x | 0.60x | 2.81x | 3.78x | 3.61x | 3.18x | 4.79x | 5.74x | 6.08x | 8.46x | 10.23x | 9.52x | 11.48x |
| Cash Conversion Cycle | 382.67 | 417.66 | - | 127.84 | 209.37 | 473.86 | 472.73 | 546.64 | 708.53 | 376.02 | 192.35 | 209.07 | 317.4 | 514.21 | 447.05 | 395.25 | 766.24 | 376.83 | 295.09 | 134.79 |
| Total Non-Current Liabilities | 27.7M | 24.07M | - | 16.93M | 8.86M | 1.67M | 1.84M | 1.31M | 9.39M | 326.5K | 1.32M | 516.5K | 326.5K | 579.57K | 1.93M | 1.06M | 1.3M | 1.51M | 1.72M | 1.91M |
| Long-Term Debt | 0 | 0 | - | 0 | 0 | 0 | 0 | 0 | 8.18M | 90.76K | 0 | 0 | 90.76K | 249.57K | 401.57K | 1.06M | 1.3M | 835.72K | 1.72M | 1.91M |
| Capital Lease Obligations | 12.53M | 12.31M | - | 12.56M | 8.17M | 1.67M | 1.84M | 1.31M | 1.21M | 221.39K | 1.32M | 194.73K | 221.39K | 301.71K | 1.48M | 509.47K | 601.24K | 669.93K | 749.83K | 573.16K |
| Deferred Tax Liabilities | 3.07M | 443K | - | 4.37M | 694.56K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 12.09M | 11.31M | - | 0 | 0 | 0 | 0 | 0 | 0 | 14.36K | 0 | 321.77K | 14.36K | 28.29K | 41.81K | -509.47K | -601.24K | 0 | -749.83K | -573.16K |
| Total Liabilities | 56.31M | 43.15M | - | 31.77M | 32.75M | 25.8M | 30.74M | 5.49M | 24.06M | 4.73M | 4.97M | 5.74M | 4.73M | 4.16M | 5.98M | 6.2M | 5.82M | 6.06M | 7.16M | 7.04M |
| Total Debt | 24.87M | 13.44M | - | 18.43M | 22.42M | 21.92M | 27.81M | 1.97M | 13.82M | 1.57M | 2.27M | 1.39M | 1.57M | 1.78M | 2.97M | 3.12M | 3.39M | 2.72M | 3.72M | 3.92M |
| Net Debt | -300.68M | -118.47M | - | -149.43M | -184.01M | -44.01M | 20.09M | -7.19M | 9.21M | 161.22K | -3.8M | -6.31M | 161.22K | 842.52K | -208.55K | -777.93K | 1.81M | -3.53M | -360.76K | -3.2M |
| Debt / Equity | 0.05x | 0.06x | - | 0.07x | 0.09x | 0.23x | 0.96x | 0.04x | 0.51x | 0.03x | 0.05x | 0.03x | 0.03x | 0.04x | 0.05x | 0.05x | 0.05x | 0.04x | 0.05x | 0.05x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | -432.03x | -269.16x | -248.39x | -243.92x | -337.65x | -185.13x | -178.50x | -99.66x | -142.03x | -54.04x |
| Total Equity | 471.18M | 238.74M | - | 245.83M | 253.27M | 95.57M | 28.91M | 50.12M | 27.03M | 45.87M | 43.56M | 49.57M | 45.87M | 49.99M | 54.77M | 64.89M | 69.23M | 74.91M | 77.92M | 83.34M |
| Equity Growth % | 86.03% | 149.82% | - | - | 837.08% | 108.32% | -33.64% | 1.1% | -41.08% | -8.24% | -20.46% | -23.61% | -33.73% | -33.26% | -29.71% | -22.13% | -19.07% | -2.99% | 1379.52% | 12993.6% |
| Book Value per Share | 3.44 | 1.74 | - | 2.06 | 2.54 | 1.05 | 0.34 | 0.59 | 0.35 | 0.62 | 0.59 | 0.89 | 0.82 | 0.91 | 1.00 | 1.20 | 1.28 | 1.39 | 1.47 | 1.56 |
| Total Shareholders' Equity | 471.18M | 238.74M | - | 245.83M | 253.27M | 95.57M | 28.91M | 50.12M | 27.03M | 45.87M | 43.56M | 49.57M | 45.87M | 49.99M | 54.77M | 64.89M | 69.23M | 74.91M | 77.92M | 83.34M |
| Common Stock | 153K | 122K | - | 120K | 118.16K | 98.51K | 85.65K | 85K | 78.03K | 55.65K | 74.29K | 74.17K | 55.65K | 55.54K | 54.57K | 54.38K | 54.23K | 53.82K | 53.75K | 53.64K |
| Retained Earnings | -258.63M | -223.37M | - | -196.82M | -177.16M | -161.15M | -147.87M | -124.75M | -106.88M | -66.08M | -81.13M | -71.57M | -66.08M | -60.4M | -57.08M | -43.22M | -37.56M | -31.31M | -27.5M | -22.67M |
| Treasury Stock | 0 | 0 | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | - | 0 | 0 | 0 | 0 | 0 | 4.62K | -205.04K | 4.62K | 4.62K | -205.04K | -570.08K | -861.12K | -1.14M | -1.69M | -1.34M | -1.47M | 2.16K |
| Minority Interest | 0 | 0 | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |