The company's financial stability is increasingly fragile, with a current ratio of 0.21 and an accumulated deficit reaching $84.2 million as of 2025Q4.
| Total Current Assets | 1.32M | 1.37M | 10.46M | 7.54M | 13.03M | 13.28M | 25.46M | 29.52M | 33.6M | 21.14M | 15.52M | 11.54M |
| Cash & Short-Term Investments | 250.01K | 671.36K | 152.49K | 113.89K | 457.5K | 1.06M | 981.52K | 1.54M | 10.86M | 1.82M | 686.63K | 2.03M |
| Cash Only | 250.01K | 671.36K | 152.49K | 113.89K | 457.5K | 1.06M | 981.52K | 1.54M | 10.86M | 1.82M | 686.63K | 2.03M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 352.54K | 169.9K | 358.66K | 2.84M | 7.98M | 3.86M | 11.88M | 15.1M | 19.2M | 15.21M | 9.12M | 4.57M |
| Days Sales Outstanding | 38.17 | 33.91 | 12.14K | 160.38 | 809.54 | 169.01 | 146.69 | 188.15 | 197.1 | 171.19 | 191.41 | 121.1 |
| Inventory | 77.91K | 0 | 136.19K | 337.8K | 4.59M | 5.44M | 3.34M | 4.05M | 3.46M | 3.19M | 2.92M | 4.69M |
| Days Inventory Outstanding | 13.04 | - | 5.38K | 21.76 | 520.98 | 313.22 | 54.9 | 96.72 | 71.79 | 63.74 | 115.1 | 213.78 |
| Other Current Assets | 147.94K | 5.2K | 9.82M | 0 | 0 | 2.43M | 8.99M | 8.74M | 4.61K | 921.5K | 2.8M | 252.22K |
| Total Non-Current Assets | 30.52M | 32.89M | 14.78M | 16.52M | 17.93M | 44.69M | 45.33M | 52.48M | 47.53M | 41.52M | 34.72M | 38.01M |
| Property, Plant & Equipment | 14.66M | 6.71M | 74.9K | 9.15M | 9.99M | 11.75M | 37.96M | 43.68M | 39.83M | 34.16M | 28.34M | 31.06M |
| Fixed Asset Turnover | 0.23x | 0.27x | 0.14x | 0.71x | 0.36x | 0.71x | 0.78x | 0.67x | 0.89x | 0.95x | 0.61x | 0.44x |
| Goodwill | 0 | 0 | 0 | 0 | 1.08M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 7.28M | 7.65M | 132 | 4.87M | 4.11M | 1.53M | 6.15M | 6.4M | 7.4M | 7.09M | 6.04M | 6.52M |
| Long-Term Investments | 0 | 0 | 2.34M | 2.5M | 2.76M | 2.84M | 28.72K | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 8.58M | 18.52M | 12.37M | 0 | 0 | 28.58M | 1.19M | 1.91M | 0 | 174.83K | 297.85K | 431.82K |
| Total Assets | 31.84M | 34.26M | 25.25M | 24.06M | 30.96M | 57.97M | 70.8M | 82M | 81.13M | 62.66M | 50.25M | 49.55M |
| Asset Turnover | 0.11x | 0.05x | 0.00x | 0.27x | 0.12x | 0.14x | 0.42x | 0.36x | 0.44x | 0.52x | 0.35x | 0.28x |
| Asset Growth % | -7.06% | 35.7% | 4.93% | -22.3% | -46.59% | -18.11% | -13.67% | 1.08% | 29.48% | 24.7% | 1.41% | - |
| Total Current Liabilities | 6.43M | 3.95M | 17.31M | 17.67M | 16.76M | 22.99M | 25.22M | 20.68M | 26.55M | 28.11M | 22.29M | 22.38M |
| Accounts Payable | 137.05K | 37.87K | 38.29K | 2.62M | 2.13M | 655.39K | 2.64M | 1.36M | 2.51M | 4.41M | 4.47M | 5.63M |
| Days Payables Outstanding | 22.93 | 13.77 | 1.51K | 169.05 | 242.04 | 37.72 | 43.37 | 32.53 | 52.01 | 88 | 176.28 | 256.68 |
| Short-Term Debt | 2.04M | 109.6K | 6.66M | 6.35M | 5.75M | 7.97M | 9.92M | 9.29M | 12.38M | 12.05M | 10.33M | 8.84M |
| Deferred Revenue (Current) | 350.56K | 1.21M | 1.29K | 2.57M | 2.06M | 3.29M | 4.95M | 4M | 7.6M | 8.43M | 6.12M | 6.79M |
| Other Current Liabilities | 0 | 0 | 8.45M | 325.59K | 4.29M | 8.93M | 6.26M | 4.98M | 1.14M | 1.63M | 942.51K | 940.92K |
| Current Ratio | 0.21x | 0.35x | 0.60x | 0.43x | 0.78x | 0.58x | 1.01x | 1.43x | 1.27x | 0.75x | 0.70x | 0.52x |
| Quick Ratio | 0.19x | 0.35x | 0.60x | 0.41x | 0.50x | 0.34x | 0.88x | 1.23x | 1.14x | 0.64x | 0.57x | 0.31x |
| Cash Conversion Cycle | 28.28 | - | 16.01K | 13.09 | 1.09K | 444.5 | 158.23 | 252.34 | 216.87 | 146.93 | 130.23 | 78.2 |
| Total Non-Current Liabilities | 671.61K | 383.6K | 3.08M | 1.32M | 120.56K | 6.53M | 7.62M | 8.14M | 2.95M | 6.25M | 8.87M | 12.5M |
| Long-Term Debt | 189.76K | 0 | 112.68K | 1.16M | 0 | 0 | 7.32M | 8.14M | 2.95M | 6.25M | 8.87M | 12.5M |
| Capital Lease Obligations | 81.45K | 0 | 103.83K | 158.65K | 120.56K | 241.61K | 301.01K | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 400.39K | 383.6K | 2.86M | 0 | 0 | 6.29M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 7.1M | 4.33M | 20.39M | 18.98M | 16.88M | 29.52M | 32.84M | 28.82M | 29.5M | 34.36M | 31.16M | 34.87M |
| Total Debt | 2.44M | 109.6K | 6.97M | 7.94M | 5.87M | 8.21M | 17.55M | 17.44M | 15.33M | 18.3M | 19.2M | 21.33M |
| Net Debt | 2.19M | -561.75K | 6.82M | 7.83M | 5.41M | 7.16M | 16.57M | 15.89M | 4.46M | 16.47M | 18.52M | 19.3M |
| Debt / Equity | 0.10x | 0.00x | 1.44x | 1.57x | 0.42x | 0.29x | 0.46x | 0.33x | 0.30x | 0.65x | 1.01x | 1.45x |
| Debt / EBITDA | - | - | - | - | - | - | - | 2.74x | 1.30x | 1.92x | 4.10x | 8.64x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | 2.49x | 0.38x | 1.72x | 3.95x | 7.82x |
| Interest Coverage | -3.01x | -2610.55x | -69.83x | -44.24x | -74.09x | -5.02x | -5.32x | 4.46x | 10.12x | 5.65x | 3.48x | 1.40x |
| Total Equity | 24.74M | 29.92M | 4.85M | 5.07M | 14.08M | 27.96M | 37.95M | 53.18M | 51.63M | 28.3M | 19.09M | 14.68M |
| Equity Growth % | -17.33% | 516.85% | -4.4% | -63.97% | -49.63% | -26.33% | -28.63% | 3.01% | 82.42% | 48.26% | 30.05% | - |
| Book Value per Share | 5.18 | 18.24 | 30.15 | 65.39 | 269.19 | 579.64 | 829.25 | 1168.30 | 1349.42 | 633.45 | 2973.47 | 2286.33 |
| Total Shareholders' Equity | 21.15M | 29.92M | 4.35M | 4.24M | 13.55M | 27.28M | 36.14M | 50.91M | 49.32M | 23.29M | 16.28M | 11.66M |
| Common Stock | 10K | 10K | 120.52K | 43.4K | 28.97K | 24.14K | 23.16K | 22.76K | 22.76K | 18.64K | 10 | 10 |
| Retained Earnings | -84.15M | -71.81M | -63.46M | -47.81M | -33.35M | -17.25M | -5.72M | 9.08M | 5.25M | 224.51K | -3.2M | -5.26M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 853.55K | 987.75K | -1.18M | -1.32M | 95K | 787.3K | -894.64K | -472.39K | 1.77M | -694.57K | -91.52K | 447.57K |
| Minority Interest | 3.59M | 0 | 496.35K | 835.58K | 532.13K | 686.71K | 1.82M | 2.27M | 2.31M | 5.01M | 2.81M | 3.02M |
Critical liquidity shortfall
As reported in recent financial filings, RETO's cash reserves have dwindled to a precarious $250,008, resulting in a current ratio of 0.21, which suggests the company lacks the necessary liquid assets to cover its immediate short-term obligations without securing additional external financing or dilutive capital.
The current ratio of 0.21 indicates a severe mismatch between current assets and liabilities, leaving the company with virtually no margin for operational error. Investors should monitor this closely, as the inability to maintain a healthy liquidity buffer may force management to prioritize survival over long-term strategic growth.
Based on the company's reported figures, accumulated deficits have reached $84.2 million as of 2025Q4, which has significantly pressured the equity base and highlights a long-term trend of value destruction that continues to undermine the company's overall financial stability and shareholder value proposition.
The persistent growth in negative retained earnings suggests that the core business model has failed to achieve the scale necessary to offset historical operating losses. This erosion of equity may limit the company's future ability to access traditional debt markets, further increasing reliance on potentially dilutive equity financing.
According to the balance sheet data, RETO's asset mix is heavily weighted toward $7.3 million in goodwill and $14.7 million in net PPE, which suggests that a significant portion of the company's value is tied to intangible assets and specialized equipment that may lack immediate liquidity.
The high concentration of goodwill relative to total assets warrants further investigation into potential impairment risks, especially given the company's ongoing inability to generate consistent profitability. The reliance on specialized PPE also implies that asset utilization is a critical, yet currently underperforming, driver of the company's operational efficiency.
As indicated by the reported debt-to-equity ratio of 0.10 in 2025Q4, RETO maintains a relatively low debt load, yet this appears to be a function of limited credit access rather than a strategic choice to avoid leverage in a capital-intensive industrial environment.
While the low D/E ratio might appear favorable in isolation, it likely reflects the company's inability to secure traditional financing due to its poor profitability and liquidity profile. This suggests that the company's financial flexibility is constrained, leaving it vulnerable to any further deterioration in its operational performance.
Quick answers to the most common questions about buying RETO stock.
As of 2025, ReTo Eco-Solutions, Inc. (RETO) had total assets of $31.8M including $1.3M in current assets.
ReTo Eco-Solutions, Inc. (RETO) carries total debt of $2.4M, offset by $0.3M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
ReTo Eco-Solutions, Inc. (RETO) has total shareholders' equity (book value) of $21.2M ($5.18 book value per share). Book value represents the net worth of the company belonging to common stock holders.
ReTo Eco-Solutions, Inc. (RETO) reported a current ratio of 0.21x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.