The firm's capital structure has shifted dramatically, with total assets expanding to $6.2B in 2026Q1, of which $3.0B is comprised of goodwill from recent acquisitions.
| Total Current Assets | 937.5M | 297.65M | 98K | 136.26M | 90.3M |
| Cash & Short-Term Investments | 113.1M | 205.5M | 98K | 38.19M | 8.26M |
| Cash Only | 113.1M | 161.37M | 98K | 38.19M | 8.26M |
| Short-Term Investments | 0 | 44.13M | 0 | 0 | 0 |
| Accounts Receivable | 311.7M | 44.22M | 47.45M | 40.49M | 37.27M |
| Days Sales Outstanding | 58.3 | 34.93 | 41.18 | 37.83 | 35.94 |
| Inventory | 411.1M | 44.21M | 44.83M | 52.54M | 42.37M |
| Days Inventory Outstanding | 122.5 | 79.95 | 81.27 | 105.63 | 97.38 |
| Other Current Assets | 101.6M | 3.72M | -92.28M | 5.04M | 2.39M |
| Total Non-Current Assets | 5.28B | 35.76M | 24.55M | 77.75M | 84.9M |
| Property, Plant & Equipment | 557.9M | 31.76M | 28.85M | 32.69M | 31.59M |
| Fixed Asset Turnover | 4.71x | 14.55x | 14.58x | 11.95x | 11.98x |
| Goodwill | 3.04B | 0 | 0 | 0 | 0 |
| Intangible Assets | 1.62B | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | -2.1M | 3.82M | -28.85M | 45.06M | 53.31M |
| Total Assets | 6.21B | 333.42M | 24.65M | 214.01M | 175.2M |
| Asset Turnover | 0.43x | 1.39x | 17.06x | 1.83x | 2.16x |
| Asset Growth % | 4098.04% | 1252.43% | -88.48% | 22.15% | - |
| Total Current Liabilities | 588.6M | 77.53M | 814.11M | 40M | 43.71M |
| Accounts Payable | 100M | 11.93M | 5.69M | 5.17M | 7.12M |
| Days Payables Outstanding | 31.35 | 21.56 | 10.32 | 10.39 | 16.37 |
| Short-Term Debt | 9M | 15M | 11.25M | 10.31M | 14.37M |
| Deferred Revenue (Current) | 164.8M | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 314.8M | 43.03M | -30.08M | 0 | 0 |
| Current Ratio | 1.59x | 3.84x | 0.00x | 3.41x | 2.07x |
| Quick Ratio | 0.89x | 3.27x | -0.05x | 2.09x | 1.10x |
| Cash Conversion Cycle | 149.45 | 93.32 | 112.14 | 133.07 | 116.95 |
| Total Non-Current Liabilities | 2.54B | 178.12M | 0 | 332.81M | 351.68M |
| Long-Term Debt | 0 | 169.79M | 184.39M | 326.16M | 343.62M |
| Capital Lease Obligations | 8.2M | 8.33M | 3.89M | 6.22M | 7.77M |
| Deferred Tax Liabilities | 303.1M | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 2.24B | 0 | -188.28M | 425K | 285K |
| Total Liabilities | 3.13B | 255.65M | 814.11M | 372.81M | 395.38M |
| Total Debt | 9M | 195.36M | 201.64M | 344.64M | 367.61M |
| Net Debt | -104.1M | 33.99M | 201.54M | 306.45M | 359.34M |
| Debt / Equity | 0.00x | 2.51x | - | - | - |
| Debt / EBITDA | 0.08x | 1.28x | 1.48x | 3.07x | 2.78x |
| Net Debt / EBITDA | -0.88x | 0.22x | 1.48x | 2.73x | 2.72x |
| Interest Coverage | -5.99x | 11.22x | 6.18x | 4.29x | 5.56x |
| Total Equity | 3.08B | 77.77M | -789.46M | 0 | 0 |
| Equity Growth % | 13275.98% | 109.85% | - | - | - |
| Book Value per Share | 360.50 | 9.12 | -93.03 | - | - |
| Total Shareholders' Equity | 30.3M | 6.52M | -789.46M | 0 | 0 |
| Common Stock | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 53.2M | -8.26M | -2.33B | -246.22M | -297.47M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 2.75M | 5.26M | 8.65M |
| Minority Interest | 3.05B | 71.24M | 0 | 0 | 0 |
Capital structure instability
As reported in recent financial filings, RHLD's total assets surged to $6.2B in 2026Q1 from $333.4M in 2025Q4, a dramatic expansion that appears to be driven by significant acquisition activity rather than organic growth, warranting caution regarding the long-term stability of this newly inflated asset base.
The rapid shift in the balance sheet composition suggests a fundamental change in the firm's corporate structure following its 2024 incorporation. Investors should monitor whether this asset expansion translates into sustainable fee-related earnings or if it merely reflects a temporary accounting step-up from recent consolidation efforts.
Based on the 2026Q1 balance sheet, goodwill accounts for $3.0B of the $6.2B total asset base, indicating that a substantial portion of the firm's valuation is tied to intangible assets acquired through recent transactions rather than tangible operational infrastructure or liquid capital reserves.
The heavy reliance on goodwill suggests that RHLD's asset quality is highly sensitive to the performance of its underlying boutique affiliates. If these acquired entities fail to meet growth expectations, the firm may face significant impairment risks that could rapidly erode the reported equity value.
According to the latest quarterly data, RHLD's current ratio declined to 1.59 in 2026Q1 from 3.84 in 2025Q4, signaling a tightening of the firm's short-term liquidity position as it aggressively deployed cash to fund its recent acquisition-heavy growth strategy.
While a current ratio of 1.59 remains technically adequate, the sharp contraction suggests that the firm's cash runway is narrowing significantly. Management's ability to maintain sufficient liquidity will depend on the timing of future realization events and the ongoing stability of its recurring management fee streams.
As indicated by historical financial statements, RHLD's equity position has experienced extreme volatility, including negative balances throughout 2024, which highlights the precarious nature of the firm's capital structure during its formative period and the ongoing challenge of building sustainable shareholder value.
The transition to a positive equity position of $30.3M in 2026Q1 is a constructive development, yet the reliance on retained earnings remains minimal. Investors should remain skeptical of the quality of this equity until the firm demonstrates a consistent ability to generate positive net income without relying on non-recurring items.
Quick answers to the most common questions about buying RHLD stock.
As of 2025, Resolute Holdings Management, Inc. (RHLD) had total assets of $333.4M including $297.7M in current assets.
Resolute Holdings Management, Inc. (RHLD) carries total debt of $195.4M, offset by $205.5M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Resolute Holdings Management, Inc. (RHLD) has total shareholders' equity (book value) of $6.5M ($9.12 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Resolute Holdings Management, Inc. (RHLD) reported a current ratio of 3.84x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.