The firm maintains a healthy liquidity profile with a current ratio of 11.44, though this is offset by a massive accumulated deficit in retained earnings of -$753.4M.
| Total Current Assets | 150.98M | 71.78M | 23.76M | 16.16M |
| Cash & Short-Term Investments | - | - | - | - |
| Cash Only | - | - | - | - |
| Short-Term Investments | - | - | - | - |
| Accounts Receivable | - | - | - | - |
| Days Sales Outstanding | - | - | - | - |
| Inventory | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - |
| Other Current Assets | 5.38M | 4.28M | 500K | 145.7K |
| Total Non-Current Assets | 949.29M | 673.75M | 4.44M | 4.03M |
| Property, Plant & Equipment | 4.8M | 4.82M | 2.74M | 3.77M |
| Fixed Asset Turnover | 1.22x | 1.19x | 1.33x | 0.65x |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 14.99M | 355K | 187.21K | 212.17K |
| Long-Term Investments | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | - | - | - | - |
| Total Assets | 1.1B | 745.53M | 28.2M | 20.19M |
| Asset Turnover | 0.01x | 0.01x | 0.13x | 0.12x |
| Asset Growth % | 24474.49% | 2543.94% | 39.63% | - |
| Total Current Liabilities | 13.2M | 10.78M | 3.34M | 1.52M |
| Accounts Payable | 4.88M | 8.56M | 1.96M | 1.03M |
| Days Payables Outstanding | - | - | - | - |
| Short-Term Debt | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | - | - | - |
| Other Current Liabilities | 8.31M | 164K | 226 | 10.28K |
| Current Ratio | 11.44x | 6.66x | 7.12x | 10.66x |
| Quick Ratio | 11.44x | 6.66x | 7.12x | 10.66x |
| Cash Conversion Cycle | - | - | - | - |
| Total Non-Current Liabilities | 13.12M | 3.51M | 1.52M | 2.62M |
| Long-Term Debt | 13.12M | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | - | - | - |
| Deferred Tax Liabilities | 0 | - | - | - |
| Other Non-Current Liabilities | - | - | - | - |
| Total Liabilities | 26.31M | 14.29M | 4.86M | 4.14M |
| Total Debt | 13.12M | 3.51M | 1.79M | 2.88M |
| Net Debt | -81.97M | -63.99M | -4.37M | 795.83K |
| Debt / Equity | 0.01x | 0.00x | 0.08x | 0.18x |
| Debt / EBITDA | -0.17x | - | - | - |
| Net Debt / EBITDA | 1.09x | - | - | - |
| Interest Coverage | -1065.53x | - | - | - |
| Total Equity | 1.07B | 731.24M | 23.34M | 16.06M |
| Equity Growth % | 26620.72% | 3032.64% | 45.37% | - |
| Book Value per Share | 17.43 | 16.35 | 210.92 | 113.29 |
| Total Shareholders' Equity | 1.07B | 731.24M | 23.34M | 16.06M |
| Common Stock | 69K | 895K | 24 | 24 |
| Retained Earnings | -753.41M | -474.05M | -49.15M | -27.57M |
| Treasury Stock | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
Excessive operating burn rate
As reported in recent financial statements, SATA's total assets surged from $22.4M in 2025Q2 to $1.1B by 2026Q1, a dramatic shift that suggests either significant capital inflows or aggressive balance sheet expansion through proprietary investment activities that warrant close scrutiny by prospective investors.
The massive fluctuation in total assets indicates that the firm is likely utilizing its balance sheet to seed new investment strategies or hold complex assets. This rapid growth in asset size, contrasted with persistent net losses, suggests that the firm is prioritizing scale over immediate balance sheet stability.
Based on the latest quarterly filings, SATA maintains a cash position of $145.6M as of 2026Q1, providing a substantial liquidity buffer that appears to mitigate the immediate risks posed by the firm's ongoing operating losses and high cash burn requirements.
The current ratio of 11.44 indicates a strong short-term liquidity position, which is essential given the firm's negative earnings trajectory. Investors should monitor whether this cash pile is being deployed efficiently into revenue-generating activities or if it is merely serving as a cushion for operational inefficiencies.
According to the company's balance sheet data, retained earnings have deteriorated significantly to -$753.4M by 2026Q1, reflecting the cumulative impact of aggressive operational spending and potential mark-to-market losses that have substantially weighed on the firm's overall equity quality.
The persistent negative retained earnings suggest that the firm's growth strategy has been heavily subsidized by capital injections rather than internal value creation. This trend implies that the firm's equity base is highly sensitive to further operational underperformance, necessitating a pivot toward sustainable profitability.
As disclosed in recent SEC filings, SATA's goodwill fluctuated from $673.3M in 2025Q3 to $15.0M in 2026Q1, a massive variance that suggests significant impairment risks or accounting adjustments that could potentially mask the true underlying health of the firm's asset portfolio.
Such extreme volatility in intangible assets often indicates aggressive accounting or significant changes in the valuation of acquired businesses. Investors should be wary of these shifts, as they may obscure the actual economic value of the firm's holdings and complicate the assessment of long-term solvency.
Quick answers to the most common questions about buying SATA stock.
As of 2025, Strive, Inc. Variable Rate Series A Perpetual Preferred Stock (SATA) had total assets of $745.5M including $71.8M in current assets.
Strive, Inc. Variable Rate Series A Perpetual Preferred Stock (SATA) carries total debt of $3.5M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Strive, Inc. Variable Rate Series A Perpetual Preferred Stock (SATA) has total shareholders' equity (book value) of $731.2M ($16.35 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Strive, Inc. Variable Rate Series A Perpetual Preferred Stock (SATA) reported a current ratio of 6.66x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.