Simulations Plus, Inc. (SLP) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 67.56M | 58.14M | 51.55M | 51.77M | 46.72M | 40.4M | 39.34M | 135.62M | 127.96M | 129.69M | 130.37M | 137.31M | 131.47M | 148.73M | 146.79M | 144.85M | 143.63M | 139.91M | 139.31M | 138.7M |
| Cash & Short-Term Investments | 41.84M | 35.69M | 32.35M | 28.45M | 21.39M | 18.17M | 20.25M | 118.97M | 108.5M | 113.89M | 115.46M | 122.36M | 115.34M | 131.53M | 128.24M | 122.47M | 124.56M | 124.34M | 123.6M | 119.76M |
| Cash Only | 25.73M | 30.19M | 30.85M | 26.95M | 10.99M | 6.19M | 10.31M | 109.09M | 37.03M | 39.79M | 57.52M | 55.13M | 39.29M | 49.39M | 51.57M | 42.35M | 60.37M | 41.68M | 36.98M | 58.81M |
| Short-Term Investments | 16.11M | 5.5M | 1.5M | 1.5M | 10.39M | 11.98M | 9.94M | 9.88M | 71.47M | 74.1M | 57.94M | 67.23M | 76.05M | 82.14M | 76.67M | 80.12M | 64.19M | 82.66M | 86.62M | 60.95M |
| Accounts Receivable | 18.17M | 12.15M | 14.62M | 14.78M | 16.49M | 12.8M | 9.14M | 13.84M | 15.71M | 10.35M | 10.2M | 10.21M | 11.4M | 11.7M | 13.79M | 18.59M | 15.04M | 13.31M | 13.05M | 16.84M |
| Days Sales Outstanding | 56.18 | 66.12 | 77.45 | 70.65 | 58.77 | 52.75 | 56.64 | 73.32 | 64.78 | 64.48 | 60.09 | 61.24 | 65.99 | 96.93 | 126.91 | 103.4 | 86.21 | 96.58 | 139.74 | 115.16 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 5.9M | 0 | 0 | 37K | 804K | 0 | 397K | 992K | 0 | 0 | 449K | 584K | 1.01M | 492K |
| Days Inventory Outstanding | - | - | - | - | - | - | 45.85 | - | - | 8.23 | 21.9 | - | 23.86 | 33.8 | - | - | 16.43 | 26.35 | 24.84 | 32.43 |
| Other Current Assets | 7.55M | 10.3M | 2.8M | 8.54M | 7.46M | 9.43M | 1.85M | 1.6M | 2.38M | 5.41M | 3.9M | 4.73M | 4.33M | 4.51M | 3.38M | 3.47M | 449K | 1.68M | 1.01M | 1.6M |
| Total Non-Current Assets | 78.92M | 79.69M | 80.39M | 82.58M | 154.71M | 156.52M | 168.3M | 57.07M | 66.02M | 56.09M | 62.27M | 41.82M | 41.73M | 41.73M | 43.71M | 41.37M | 41.42M | 41.09M | 42.3M | 40.38M |
| Property, Plant & Equipment | 1.13M | 1.18M | 1.29M | 1.11M | 1.63M | 2.16M | 1.84M | 1.83M | 1.91M | 1.6M | 1.92M | 1.68M | 2.01M | 1.99M | 2.05M | 2.14M | 2.29M | 3.48M | 3.11M | 2.67M |
| Fixed Asset Turnover | 21.05x | 14.92x | 14.59x | 14.90x | 11.84x | 9.46x | 10.17x | 9.93x | 10.43x | 8.23x | 8.68x | 8.79x | 7.88x | 5.92x | 5.60x | 6.76x | 5.13x | 3.76x | 3.41x | 4.99x |
| Goodwill | 43.72M | 43.72M | 43.72M | 43.49M | 96.31M | 96.31M | 96.08M | 19.1M | 19.1M | 19.1M | 19.1M | 12.92M | 12.92M | 12.92M | 12.92M | 12.92M | 12.92M | 12.92M | 12.92M | 12.92M |
| Intangible Assets | 11.33M | 28.8M | 29.21M | 30.13M | 56.32M | 57.56M | 58.84M | 32.82M | 33.14M | 33.13M | 32.85M | 26.7M | 26.25M | 26.25M | 26.18M | 26.09M | 26.16M | 24.63M | 24.58M | 24.75M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.02M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 18.17M | 1.38M | 1.4M | 430K | 455K | 489K | 542K | 524K | 524K | 430K | 425K | 516K | 548K | 570K | 439K | 217K | 50K | 50K | 51K | 51K |
| Total Assets | 146.48M | 137.83M | 131.94M | 134.36M | 201.43M | 196.92M | 207.64M | 192.69M | 193.97M | 185.78M | 192.64M | 179.13M | 173.2M | 190.46M | 190.5M | 186.22M | 185.04M | 180.99M | 181.61M | 179.08M |
| Asset Turnover | 0.17x | 0.14x | 0.13x | 0.12x | 0.11x | 0.09x | 0.09x | 0.10x | 0.10x | 0.08x | 0.08x | 0.09x | 0.09x | 0.06x | 0.06x | 0.08x | 0.08x | 0.07x | 0.05x | 0.07x |
| Asset Growth % | -27.28% | -30.01% | -36.46% | -30.27% | 3.84% | 6% | 7.78% | 7.57% | 11.99% | -2.46% | 1.12% | -3.81% | -6.4% | 5.23% | 4.89% | 3.99% | 5.28% | 6.17% | 6.95% | 190.82% |
| Total Current Liabilities | 12.34M | 10.34M | 6.72M | 10.13M | 10.7M | 9.74M | 12.07M | 11.32M | 14.53M | 8.59M | 11.99M | 9.02M | 6M | 8.04M | 7.74M | 5.92M | 9M | 9.62M | 11.57M | 7.34M |
| Accounts Payable | 803K | 863K | 470K | 1.66M | 1.21M | 1.12M | 602K | 658K | 360K | 317K | 144K | 357K | 350K | 238K | 225K | 426K | 414K | 19K | 387K | 298K |
| Days Payables Outstanding | 9.2 | 8.05 | 12.88 | 18 | 11.25 | 9 | 4.9 | 8.86 | 6.06 | 4.51 | 6.82 | 10.98 | 10.1 | 7.89 | 11.19 | 15.1 | 6.89 | 6.7 | 11.31 | 12.99 |
| Short-Term Debt | 138K | 179K | 206K | 269K | 313K | 485K | 475K | 410K | 425K | 420K | 442K | 330K | 432K | 448K | 461K | 459K | 336K | 338K | 382K | 426K |
| Deferred Revenue (Current) | 5.53M | 5.72M | 2.7M | 4.34M | 3.35M | 3.23M | 2M | 1.44M | 2.46M | 2.66M | 3.1M | 3.17M | 2.05M | 3.06M | 2.86M | 2.08M | 1.24M | 620K | 651K | 669K |
| Other Current Liabilities | 5.87M | 922K | 1.34M | 2.2M | 1.4M | 3.02M | 4.48M | 4.7M | 8.1M | 3.02M | 3.91M | 552K | 535K | 1.91M | 931K | 2.95M | 7.01M | 8.64M | 10.15M | 5.93M |
| Current Ratio | 5.47x | 5.62x | 7.67x | 5.11x | 4.37x | 4.15x | 3.26x | 11.98x | 8.81x | 15.10x | 10.88x | 15.22x | 21.91x | 18.50x | 18.98x | 24.49x | 15.95x | 14.55x | 12.04x | 18.90x |
| Quick Ratio | 5.47x | 5.62x | 7.67x | 5.11x | 4.37x | 4.15x | 2.77x | 11.98x | 8.81x | 15.10x | 10.81x | 15.22x | 21.84x | 18.38x | 18.98x | 24.49x | 15.90x | 14.49x | 11.95x | 18.83x |
| Cash Conversion Cycle | - | - | - | - | - | - | 97.59 | - | - | 68.19 | 75.16 | - | 79.75 | 122.84 | - | - | 95.75 | 116.23 | 153.27 | 134.6 |
| Total Non-Current Liabilities | 370K | 378K | 410K | 450K | 1.18M | 2.48M | 13.14M | 512K | 2.41M | 4.85M | 10.62M | 722K | 2.61M | 2.3M | 4.52M | 2.75M | 3.46M | 2.92M | 4.26M | 6.34M |
| Long-Term Debt | 370K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 378K | 410K | 450K | 483K | 835K | 531K | 512K | 607K | 669K | 755K | 612K | 747K | 844K | 943K | 1.07M | 1.31M | 810K | 896K | 980K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 701K | 1.65M | 12.61M | 0 | 0 | 0 | 6.54M | 110K | 1.86M | 1.46M | 3.58M | 1.68M | 2.15M | 2.11M | 3.36M | 2.27M |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.8M | 4.18M | 3.33M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.1M |
| Total Liabilities | 12.71M | 10.72M | 7.13M | 10.58M | 11.88M | 12.22M | 25.21M | 11.83M | 16.93M | 13.44M | 22.61M | 9.74M | 8.61M | 10.34M | 12.26M | 8.66M | 12.47M | 12.54M | 15.83M | 13.69M |
| Total Debt | 508K | 557K | 616K | 719K | 796K | 1.32M | 1.01M | 922K | 1.03M | 1.09M | 1.2M | 942K | 1.18M | 1.29M | 1.4M | 1.53M | 1.65M | 1.15M | 1.28M | 1.41M |
| Net Debt | -25.22M | -29.63M | -30.24M | -26.23M | -10.2M | -4.87M | -9.3M | -108.17M | -36M | -38.7M | -56.33M | -54.19M | -38.11M | -48.1M | -50.16M | -40.83M | -58.72M | -40.53M | -35.71M | -57.41M |
| Debt / Equity | 0.00x | 0.00x | 0.00x | 0.01x | 0.00x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x |
| Debt / EBITDA | 0.07x | 0.27x | 0.31x | - | 0.16x | 0.55x | 0.95x | 0.29x | 0.19x | 0.53x | 1.59x | 0.19x | 0.24x | 0.72x | 0.91x | 0.26x | 0.25x | 0.25x | 1.16x | 0.26x |
| Net Debt / EBITDA | -3.51x | -14.39x | -15.02x | - | -2.04x | -2.04x | -8.82x | -34.42x | -6.49x | -18.87x | -74.80x | -10.75x | -7.67x | -26.71x | -32.49x | -7.00x | -9.07x | -8.74x | -32.40x | -10.58x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 133.77M | 127.11M | 124.8M | 123.78M | 189.55M | 184.69M | 182.43M | 180.86M | 177.04M | 172.34M | 170.03M | 169.39M | 164.59M | 180.12M | 178.25M | 177.56M | 172.58M | 168.46M | 165.78M | 165.4M |
| Equity Growth % | -29.43% | -31.18% | -31.59% | -31.56% | 7.07% | 7.17% | 7.29% | 6.77% | 7.56% | -4.32% | -4.61% | -4.6% | -4.63% | 6.93% | 7.52% | 7.35% | 6.86% | 6.6% | 6.25% | 255.03% |
| Book Value per Share | 6.61 | 6.29 | 6.20 | 6.15 | 9.35 | 9.11 | 9.10 | 8.85 | 8.71 | 8.50 | 8.53 | 8.32 | 8.02 | 8.65 | 8.57 | 8.55 | 8.32 | 8.12 | 7.99 | 7.95 |
| Total Shareholders' Equity | 133.77M | 127.11M | 124.8M | 123.78M | 189.55M | 184.69M | 182.43M | 180.86M | 177.04M | 172.34M | 170.03M | 169.39M | 164.59M | 180.12M | 178.25M | 177.56M | 172.58M | 168.46M | 165.78M | 165.4M |
| Common Stock | 20K | 20K | 20K | 20.12M | 156.23M | 154.42M | 20K | 150.45M | 148.47M | 146.59M | 144.97M | 143.67M | 137.82M | 140.31M | 138.51M | 137.56M | 135.47M | 134.51M | 133.42M | 131.99M |
| Retained Earnings | -29.15M | -33.69M | -34.36M | -33.68M | 33.63M | 30.56M | 30.35M | 30.71M | 28.78M | 25.95M | 25.2M | 25.86M | 27.05M | 40.07M | 40.04M | 40.3M | 37.42M | 34.22M | 32.41M | 33.31M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -272K | -277K | -271K | -274K | -315K | -289K | -251K | -305K | -210K | -195K | -141K | -134K | -278K | -255K | -308K | -294K | -318K | -280K | -43K | 94K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |