The company maintains a robust liquidity profile with a current ratio of 35.73 and $271.8M in cash, despite accumulated retained earnings losses of $32.1M.
Richtech Robotics Inc. Class B Common Stock (RR) balance sheet — 5-year assets, liabilities & shareholders' equity history
| Metric | TTM | Sep'25 | Sep'24 | Sep'23 | Sep'22 | Sep'21 |
|---|
| Total Current Assets | 344.78M | 255.53M | 33.05M | 6.98M | 3.5M | 2.39M |
| Cash & Short-Term Investments | 339.6M | 251.94M | 30.51M | 433K | 327K | 1.35M |
| Cash Only | 301.96M | 193.63M | 14.57M | 433K | 327K | 1.35M |
| Short-Term Investments | 37.63M | 58.31M | 15.94M | 0 | 0 | 0 |
| Accounts Receivable | 922K | 1.78M | 1.36M | 5.71M | 1.76M | 45K |
| Days Sales Outstanding | 89.85 | 128.78 | 116.99 | 237.94 | 106.44 | 2.72 |
| Inventory | 2.71M | 1.38M | 1.15M | 822K | 1.37M | 985K |
| Days Inventory Outstanding | 271.56 | 286.85 | 275.67 | 109.34 | 238.87 | 112.7 |
| Other Current Assets | 1.55M | 429K | 33K | 17K | 41K | 9K |
| Total Non-Current Assets | 28.61M | 17.23M | 9.61M | 871K | 433K | 115K |
| Property, Plant & Equipment | 27.8M | 6.31M | 1.24M | 343K | 423K | 105K |
| Fixed Asset Turnover | 0.47x | 0.80x | 3.41x | 25.54x | 14.30x | 57.44x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 371K | 9.76M | 7.62M | 0 | 0 | 0 |
| Long-Term Investments | 1.05M | 523K | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 443K | 638K | 740K | 10K | 10K | 10K |
| Total Assets | 373.39M | 272.76M | 42.65M | 7.85M | 3.94M | 2.51M |
| Asset Turnover | 0.02x | 0.02x | 0.10x | 1.12x | 1.54x | 2.41x |
| Asset Growth % | 1937.35% | 539.51% | 443.12% | 99.42% | 57.08% | - |
| Total Current Liabilities | 3.68M | 2.38M | 455K | 2.89M | 741K | 613K |
| Accounts Payable | 348K | 397K | 150K | 1.13M | 175K | 480K |
| Days Payables Outstanding | 43.27 | 82.52 | 36.02 | 149.78 | 30.45 | 54.92 |
| Short-Term Debt | 310K | 301K | 203K | 1.01M | 0 | 0 |
| Deferred Revenue (Current) | 1.29M | 248K | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 2.64M | 1.38M | 97K | 297K | 0 | 0 |
| Current Ratio | 93.61x | 107.45x | 72.63x | 2.42x | 4.73x | 3.90x |
| Quick Ratio | 92.88x | 106.87x | 70.11x | 2.13x | 2.88x | 2.30x |
| Cash Conversion Cycle | 318.13 | 333.11 | 356.64 | 197.51 | 314.86 | 60.51 |
| Total Non-Current Liabilities | 421K | 547K | 458K | 154K | 279K | 26K |
| Long-Term Debt | 319K | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 1.19M | 429K | 356K | 154K | 279K | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 102K | 118K | 102K | 0 | 0 | 26K |
| Total Liabilities | 4.1M | 2.92M | 913K | 3.04M | 1.02M | 639K |
| Total Debt | 629K | 730K | 559K | 1.16M | 387K | 0 |
| Net Debt | -301.33M | -192.9M | -14.01M | 727K | 60K | -1.35M |
| Debt / Equity | 0.00x | 0.00x | 0.01x | 0.24x | 0.13x | - |
| Debt / EBITDA | -0.02x | - | - | 3.84x | - | - |
| Net Debt / EBITDA | 10.29x | - | - | 2.41x | - | - |
| Interest Coverage | -437.08x | -216.19x | -9.28x | 0.39x | -20.89x | -2515.50x |
| Total Equity | 369.04M | 269.83M | 41.74M | 4.81M | 2.92M | 1.87M |
| Equity Growth % | 1953.59% | 546.49% | 767.91% | 64.8% | 56.21% | - |
| Book Value per Share | 1.65 | 2.21 | 0.60 | 0.08 | 0.05 | 0.03 |
| Total Shareholders' Equity | 369.04M | 269.88M | 41.74M | 4.81M | 2.92M | 1.93M |
| Common Stock | 23K | 20K | 10K | 0 | 2.38M | 0 |
| Retained Earnings | -70.64M | -23.69M | -7.94M | 201K | 540K | 1.05M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 239K | 393K | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | -43K | 0 | 0 | 0 | -57K |
Quick answers to the most common questions about buying RR stock.
As of 2025, Richtech Robotics Inc. Class B Common Stock (RR) had total assets of $272.8M including $255.5M in current assets.
Richtech Robotics Inc. Class B Common Stock (RR) carries total debt of $0.7M, offset by $251.9M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Richtech Robotics Inc. Class B Common Stock (RR) has total shareholders' equity (book value) of $269.9M ($2.21 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Richtech Robotics Inc. Class B Common Stock (RR) reported a current ratio of 107.45x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.
Key Metrics
Top Statement Risk
Unsustainable operating burn rate
Metrics are mathematically derived from official filings.
Capital Accumulation Outpacing Operational Growth
According to recent SEC filings, Richtech Robotics has rapidly expanded its total assets to $349.4M as of 2026Q1, primarily driven by aggressive capital raises that have significantly bolstered the company's liquidity position despite the lack of consistent, scalable revenue growth in its core robotics business.
The trajectory of the balance sheet suggests a company prioritizing capital preservation and liquidity over immediate operational efficiency. While the asset base has grown substantially, this appears to be a function of external financing rather than internal value creation, warranting caution regarding the company's long-term ability to generate organic returns.
Substantial Cash Runway Mitigates Risk
Based on reported financial statements, Richtech Robotics maintains a robust liquidity profile with $271.8M in cash and a current ratio of 35.73 as of 2026Q1, providing a significant buffer against the company's ongoing operating losses and high cash burn requirements.
The exceptionally high current ratio indicates that the company is currently shielded from short-term solvency risks. However, investors should monitor how management intends to deploy this capital, as the current burn rate suggests that this liquidity is a finite resource rather than a permanent feature of the business model.
Asset Composition Reflects R&D Focus
As indicated by the balance sheet data, Richtech Robotics holds $9.5M in goodwill and $6.1M in net PPE as of 2026Q1, suggesting that the company's asset base is heavily weighted toward intangible value and specialized hardware infrastructure rather than traditional, revenue-generating industrial capacity.
The presence of goodwill may imply past acquisitions that have yet to demonstrate clear synergies or revenue contributions. The relatively low level of net PPE relative to the total asset base suggests that the company may be relying on outsourced manufacturing or has not yet reached the scale required for significant capital-intensive operations.
Equity Quality Diluted by Compensation
Based on the provided figures, Richtech Robotics' equity base of $339.7M as of 2026Q1 is heavily influenced by capital infusions, while retained earnings have deteriorated to -$32.1M, highlighting the impact of persistent operating losses on the company's long-term shareholder value.
The erosion of retained earnings suggests that the company is consuming its equity base to fund its current growth phase. Investors should be wary of the potential for further dilution, as the reliance on stock-based compensation and external funding may continue to weigh on the quality of equity over time.