The balance sheet remains vulnerable with a current ratio of 0.81 as of 2025Q4, indicating that short-term assets are insufficient to cover immediate liabilities.
| Total Current Assets | 26.55M | 5.81M | 8.78M | 4.88M | 5.43M | 1.39M | 1.65M |
| Cash & Short-Term Investments | 22.45M | 2.08M | 7.95M | 2.09M | 4.15M | 232.96K | 110.92K |
| Cash Only | 22.45M | 2.08M | 7.95M | 2.09M | 4.15M | 232.96K | 110.92K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 162K | 169K | 0 | 1.08M | 183.76K | 0 |
| Days Sales Outstanding | 1.24 | 2.89 | 2.21 | - | 21.39 | 4.99 | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - |
| Other Current Assets | 4.1M | 3.57M | 0 | 2.63M | 0 | 854.89K | 1.54M |
| Total Non-Current Assets | 12.74M | 12.71M | 7.85M | 6.9M | 5.41M | 3.4M | 7.99M |
| Property, Plant & Equipment | 1.15M | 1.24M | 1.28M | 250K | 90.53K | 81.49K | 107.67K |
| Fixed Asset Turnover | 13.59x | 16.45x | 21.75x | 118.70x | 204.27x | 165.00x | 137.14x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 10.72M | 10.51M | 4.9M | 5.12M | 4.63M | 1.36M | 7.27M |
| Long-Term Investments | 1.33M | 0 | 1.62M | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | -1.43M | -1.41M | 41K | 1.54M | 670.72K | 1.96M | 613.58K |
| Total Assets | 39.28M | 18.52M | 16.63M | 11.79M | 10.84M | 4.8M | 9.64M |
| Asset Turnover | 0.79x | 1.10x | 1.68x | 2.52x | 1.71x | 2.80x | 1.53x |
| Asset Growth % | 244.5% | 11.39% | 41.07% | 8.75% | 125.98% | -50.24% | - |
| Total Current Liabilities | 6.11M | 7.15M | 10.17M | 9.46M | 10.85M | 4.14M | 23.07M |
| Accounts Payable | 495K | 804K | 1.56M | 686K | 1.38M | 949.27K | 1.01M |
| Days Payables Outstanding | 34.97 | 30.54 | 44 | 18.35 | 66.82 | 228.91 | 35.57 |
| Short-Term Debt | 225K | 166K | 233K | 0 | 50.91K | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 5.39M | 6.12M | 8.35M | 1.11M | 9.42M | 1.24M | 6.09M |
| Current Ratio | 4.34x | 0.81x | 0.86x | 0.52x | 0.50x | 0.34x | 0.07x |
| Quick Ratio | 4.34x | 0.81x | 0.86x | 0.52x | 0.50x | 0.34x | 0.07x |
| Cash Conversion Cycle | -33.74 | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.67M | 1.73M | 736K | 23K | 133.43K | 40.1K | 75.86K |
| Long-Term Debt | 573K | 641K | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 737K | 0 | 729K | 0 | 22.17K | 40.1K | 75.86K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.1M | 1.08M | 7K | 23K | 111.26K | 0 | 0 |
| Total Liabilities | 7.79M | 8.88M | 10.9M | 9.48M | 10.99M | 4.18M | 23.14M |
| Total Debt | 798K | 807K | 962K | 0 | 73.08K | 63.88K | 91.58K |
| Net Debt | -21.65M | -1.27M | -6.99M | -2.09M | -4.08M | -169.08K | -19.34K |
| Debt / Equity | 0.03x | 0.08x | 0.17x | - | - | 0.10x | - |
| Debt / EBITDA | -0.14x | - | - | - | - | 0.06x | 0.33x |
| Net Debt / EBITDA | 3.82x | - | - | - | - | -0.17x | -0.07x |
| Interest Coverage | -17.49x | -76.72x | -46.33x | -23.61x | -27.77x | 499.10x | 1.47x |
| Total Equity | 31.5M | 9.64M | 5.72M | 2.31M | -150.43K | 615.02K | -13.51M |
| Equity Growth % | 2660.51% | 68.54% | 148.2% | 1632.3% | -124.46% | 104.55% | - |
| Book Value per Share | 3.03 | 1.00 | 0.79 | 0.27 | -0.02 | 0.07 | -1.63 |
| Total Shareholders' Equity | 31.5M | 9.64M | 5.72M | 2.31M | -150.43K | 615.02K | -13.51M |
| Common Stock | 11K | 8K | 8K | 7K | 25K | 4.55K | 18K |
| Retained Earnings | -27.27M | -24.3M | -27.14M | -21.22M | -18.4M | -15.34M | -16.32M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 792K | 1M | 1.3M | 1.47M | 1.41M | 1.42M | 694.33K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Liquidity and solvency risk
As reported in recent financial statements, ROLR's current ratio plummeted to 0.81 by 2025Q4, indicating that the company's short-term assets are insufficient to cover its immediate liabilities, a trend that warrants close monitoring given the company's ongoing operational cash burn and limited cash reserves of $2.076M.
The persistent inability to maintain a current ratio above 1.0 suggests that the company is operating with a structural liquidity deficit. This lack of a financial cushion leaves the firm highly susceptible to even minor operational disruptions or unexpected regulatory costs.
Based on the provided balance sheet data, ROLR's equity base has experienced significant volatility, contracting from $5.7M in 2024Q4 to $9.6M in 2025Q4, a trend largely driven by the accumulation of $24.3M in retained earnings losses that underscore the company's inability to achieve sustainable profitability.
The erosion of shareholder equity highlights the cumulative impact of persistent operating losses on the company's capital structure. Investors should consider that the current equity position may be insufficient to support long-term growth initiatives without further dilutive financing.
According to the company's balance sheet, goodwill accounts for $10.5M of the $18.5M total assets as of 2025Q4, representing a significant portion of the asset base that may be subject to impairment if the company fails to reverse its current revenue contraction trend.
The heavy reliance on intangible assets suggests that the company's valuation is highly sensitive to management's ability to extract value from past acquisitions. Any further deterioration in core gaming performance could necessitate a write-down, further weakening the already strained balance sheet.
As indicated by historical filings, ROLR's balance sheet trajectory appears increasingly vulnerable, with total assets fluctuating significantly and the company's reliance on external financing or cash reserves becoming more pronounced as it struggles to stabilize its core business operations against a backdrop of negative earnings.
The erratic movement in total assets and liabilities suggests a lack of financial stability, likely stemming from the company's ongoing efforts to manage its cash burn. This trajectory implies that the business model has yet to reach a point of maturity where it can self-fund its operations.
Quick answers to the most common questions about buying ROLR stock.
As of 2025, High Roller Technologies, Inc. (ROLR) had total assets of $18.5M including $5.8M in current assets.
High Roller Technologies, Inc. (ROLR) carries total debt of $0.8M, offset by $2.1M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
High Roller Technologies, Inc. (ROLR) has total shareholders' equity (book value) of $9.6M ($1.00 book value per share). Book value represents the net worth of the company belonging to common stock holders.
High Roller Technologies, Inc. (ROLR) reported a current ratio of 0.81x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.