Sanara MedTech Inc. (SMTI) annual balance sheet — 25-year assets, liabilities & equity history
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'01 | Dec'00 | Dec'99 |
|---|
| Total Current Assets | 31.2M | 33.54M | 33.31M | 19.01M | 20.62M | 24.61M | 4.48M | 8.86M | 978.48K | 2.04M | 2M | 1.16M | 1.21M | 654.46K | 1.04M | 1.59M | 850.09K | 156.31K | 129.64K | 370.38K | 439.13K | 194.12K | 132.81K | 174.93K | 580.22K | 921.55K |
| Cash & Short-Term Investments | 13.59M | 16.58M | 15.88M | 5.15M | 8.96M | 18.65M | 455.37K | 6.61M | 731.85K | 463.19K | 833.48K | 182.34K | 523.44K | 44.55K | 45.86K | 3.61K | 50.84K | -4.36K | 1.14K | 781 | 236.3K | 2.83K | 7.89K | 33.94K | 29.91K | 26.08K |
| Cash Only | 13.59M | 16.58M | 15.88M | 5.15M | 8.96M | 18.65M | 455.37K | 6.61M | 731.85K | 463.19K | 833.48K | 182.34K | 523.44K | 44.55K | 45.86K | 3.61K | 50.84K | -4.36K | 1.14K | 781 | 236.3K | 2.83K | 7.89K | 0 | 29.91K | 26.08K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 13.62M | 12M | 13.55M | 8.53M | 7M | 2.99M | 2.27M | 1.34M | 164.46K | 836.5K | 794.29K | 452.55K | 278.26K | 221.55K | 203.97K | 1.02M | 450.14K | 30K | 28.64K | 24.67K | 59.72K | 30.2K | 29.62K | 7.25K | 1.16K | 891.35K |
| Days Sales Outstanding | 42.18 | 42.47 | 57.07 | 47.92 | 55.77 | 45.2 | 53.08 | 41.42 | 10.28 | 48.43 | 52.64 | 48.98 | 38.58 | 46.84 | 63.44 | 169.01 | 180.47 | 38.02 | 36.02 | 14.28 | 114.88 | 52.2 | 127.18 | 126.26 | 0.18 | 144.56 |
| Inventory | 3.12M | 3.95M | 2.75M | 4.72M | 3.55M | 2.05M | 1.15M | 746.52K | 465.31K | 711.4K | 348.46K | 409.78K | 402.53K | 307.5K | 454.21K | 271.2K | 290.03K | 130.67K | 99.86K | 263.28K | 96.57K | 30.64K | 95.3K | 131.74K | 0 | 0 |
| Days Inventory Outstanding | 134.5 | 141.54 | 123.45 | 219.28 | 203.65 | 323.46 | 259.25 | 225.32 | 334.71 | 322.14 | 134.79 | 167.68 | 182.82 | 141.58 | 207.61 | 123.79 | 196.67 | 43.15 | 87.38 | 430.57 | 182.58 | 41.22 | 437.22 | 2.41K | - | - |
| Other Current Assets | 865.32K | 1.02M | 1.12M | 608.41K | 1.1M | 0 | 0 | 0 | -409.58K | 0 | 0 | 0 | 0 | 70.76K | 328.16K | 141.96K | 45.3K | 0 | 0 | 0 | 0 | 0 | 0 | 2K | 0 | 4.13K |
| Total Non-Current Assets | 38.08M | 39.4M | 54.79M | 54.87M | 40.42M | 11.79M | 5.34M | 2.26M | 2.06M | 180.5K | 175.28K | 233.13K | 287.82K | 322.69K | 349.58K | 2.24M | 5.93M | 4.62M | 22.07K | 35.35K | 57.15K | 63.68K | 70.61K | 1.29M | 556.13K | 528.52K |
| Property, Plant & Equipment | 2.45M | 2.53M | 1.88M | 3.25M | 2.22M | 2.04M | 1.15M | 790.2K | 52.83K | 63.21K | 34.94K | 41.76K | 45.43K | 29.26K | 0 | 0 | 806 | 2.75K | 10.05K | 23.34K | 43.41K | 48.77K | 54.92K | 83.65K | 116.13K | 178.53K |
| Fixed Asset Turnover | 24.51x | 40.72x | 46.10x | 19.98x | 20.62x | 11.82x | 13.60x | 14.89x | 110.51x | 99.74x | 157.64x | 80.75x | 57.95x | 59.00x | - | - | 1129.55x | 104.73x | 28.86x | 27.02x | 4.37x | 4.33x | 1.55x | 0.25x | 19.85x | 12.61x |
| Goodwill | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 17.86M | 18.64M | 41.01M | 44.93M | 31.51M | 4.73M | 3.1M | 1.47M | 52.27K | 117.29K | 140.34K | 191.37K | 242.4K | 293.43K | 344.46K | 432.68K | 4.11M | 4.58M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 51.9M | 14.63M | 8.3M | 3.08M | 3.08M | 5.02M | 1.1M | 0 | 1.96M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 979.98K | 0 | 0 | 0 | 0 | 0 | 5.13K | 1.81M | 1.82M | 32.87K | 12.02K | 12.02K | 13.74K | 14.91K | 15.7K | 1.21M | 440K | 350K |
| Total Assets | 69.28M | 72.94M | 88.09M | 73.87M | 61.04M | 36.4M | 9.83M | 11.12M | 3.04M | 2.22M | 2.17M | 1.39M | 1.5M | 977.15K | 1.39M | 3.83M | 6.78M | 4.77M | 151.71K | 405.73K | 496.29K | 257.81K | 203.43K | 1.46M | 1.14M | 1.45M |
| Asset Turnover | 1.38x | 1.41x | 0.98x | 0.88x | 0.75x | 0.66x | 1.59x | 1.06x | 1.92x | 2.84x | 2.54x | 2.42x | 1.76x | 1.77x | 0.84x | 0.58x | 0.13x | 0.06x | 1.91x | 1.55x | 0.38x | 0.82x | 0.42x | 0.01x | 2.03x | 1.55x |
| Asset Growth % | -30.44% | -17.2% | 19.25% | 21.03% | 67.7% | 270.4% | -11.61% | 265.45% | 37.16% | 2.15% | 56.01% | -7.11% | 53.34% | -29.88% | -63.64% | -43.5% | 42.13% | 3045.79% | -62.61% | -18.25% | 92.5% | 26.73% | -86.1% | 28.81% | -21.64% | - |
| Total Current Liabilities | 13.7M | 18.63M | 15.29M | 13.77M | 12.81M | 6.02M | 3.54M | 2.64M | 404K | 2.12M | 1.39M | 1.46M | 2.32M | 3.45M | 5.01M | 6.88M | 3.48M | 2.46M | 472.97K | 2.22M | 1.77M | 902.2K | 155.99K | 3.17M | 2.52M | 1.82M |
| Accounts Payable | 921.24K | 2.34M | 1.5M | 2M | 1.43M | 593.97K | 494.84K | 406.17K | 117.47K | 225.46K | 238.23K | 222.35K | 210.27K | 192.17K | 205.21K | 4.8K | 321.35K | 261.16K | 93.92K | 110.11K | 45.4K | 34.92K | 97.66K | 326.11K | 270.08K | 402.41K |
| Days Payables Outstanding | 56.66 | 83.83 | 67.25 | 93.05 | 81.87 | 93.8 | 111.72 | 122.59 | 84.5 | 102.1 | 92.15 | 90.99 | 95.5 | 88.47 | 93.8 | 2.19 | 217.91 | 86.25 | 82.19 | 180.07 | 85.83 | 46.97 | 448.06 | 5.97K | 65.16 | 103.26 |
| Short-Term Debt | 367.94K | 353.23K | 0 | 580.36K | 0 | 0 | 0 | 0 | 0 | 1.2M | 418.1K | 614.7K | 1.59M | 1.7M | 2.23M | 558.19K | 2.15M | 1.37M | 1.51M | 1.51M | 1.28M | 4.09K | 4.09K | 2.1M | 1.49K | 1.08M |
| Deferred Revenue (Current) | 1.23M | 1.23M | 0 | 2.05M | 0 | 0 | 0 | 0 | 0 | 13.92K | 737.98K | 617.23K | 505.72K | 627.72K | 1.24M | 902.32K | 0 | 0 | -1.51M | 0 | 0 | 238.18K | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 3.33M | 235K | 0 | -947.68K | 1.16M | 0 | 0 | 0 | 44.69K | 13.92K | -3.72K | 21.41K | 1.71K | 1.04M | 1.34M | 5.42M | 0 | 316.95K | -1.51M | 0 | 0 | 625.01K | 0 | 749.39K | 2.09M | 346.64K |
| Current Ratio | 2.28x | 1.80x | 2.18x | 1.38x | 1.61x | 4.09x | 1.27x | 3.35x | 2.42x | 0.96x | 1.43x | 0.79x | 0.52x | 0.19x | 0.21x | 0.23x | 0.24x | 0.06x | 0.27x | 0.17x | 0.25x | 0.22x | 0.85x | 0.06x | 0.23x | 0.51x |
| Quick Ratio | 2.05x | 1.59x | 2.00x | 1.04x | 1.33x | 3.75x | 0.94x | 3.07x | 1.27x | 0.63x | 1.18x | 0.51x | 0.35x | 0.10x | 0.12x | 0.19x | 0.16x | 0.01x | 0.06x | 0.05x | 0.19x | 0.18x | 0.24x | 0.01x | 0.23x | 0.51x |
| Cash Conversion Cycle | 120.02 | 100.18 | 113.26 | 174.15 | 177.55 | 274.86 | 200.61 | 144.15 | 260.5 | 268.47 | 95.28 | 125.68 | 125.9 | 99.94 | 177.26 | 290.61 | 159.23 | -5.07 | 41.21 | 264.78 | 211.63 | 46.45 | 116.34 | -3.43K | - | - |
| Total Non-Current Liabilities | 48.56M | 48.39M | 33.89M | 15.52M | 6.51M | 222.15K | 446.09K | 2.08M | 1.53M | 1.43M | 1.2M | 1.2M | 8.63K | 1.78M | 189.26K | 809.69K | 435.35K | 1.63M | 93.92K | 1.62M | 1.33M | 3.07K | 6.24K | 2.43M | 356.3K | 1.48M |
| Long-Term Debt | 46.23M | 45.97M | 30.69M | 9.11M | 0 | 0 | 0 | 1.5M | 1.5M | 0 | 1.2M | 1.2M | 0 | 0 | 189.26K | 809.69K | 435.35K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.05K |
| Capital Lease Obligations | 6.65M | 1.87M | 1.24M | 1.74M | 505.29K | 222.15K | 355.8K | 481.38K | 0 | 0 | 0 | 3.97K | 8.63K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.07K | 6.24K | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 559.6K | 548.13K | 1.96M | 4.66M | 6M | 0 | 90.29K | 103.56K | 25.98K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.05K |
| Total Liabilities | 62.26M | 67.01M | 49.18M | 29.28M | 19.32M | 6.24M | 3.99M | 4.72M | 1.93M | 2.12M | 2.59M | 2.66M | 2.32M | 3.45M | 5.2M | 7.69M | 3.91M | 2.46M | 472.97K | 2.22M | 1.77M | 905.27K | 162.23K | 3.56M | 2.52M | 1.83M |
| Total Debt | 48.37M | 48.19M | 32.29M | 11.79M | 819.22K | 425.44K | 481.38K | 2.1M | 1.5M | 1.2M | 1.62M | 1.82M | 1.61M | 1.58M | 2.42M | 1.37M | 2.58M | 1.37M | 1.51M | 1.51M | 1.28M | 7.16K | 10.33K | 2.1M | 1.49K | 1.08M |
| Net Debt | 34.77M | 31.61M | 16.41M | 6.64M | -8.14M | -18.23M | 26.02K | -4.51M | 768.15K | 736.81K | 784.62K | 1.64M | 1.08M | 1.54M | 2.37M | 1.36M | 2.53M | 1.37M | 1.51M | 1.51M | 1.04M | 4.33K | 2.44K | 2.1M | -28.42K | 1.05M |
| Debt / Equity | 6.89x | 8.13x | 0.83x | 0.26x | 0.02x | 0.01x | 0.08x | 0.33x | 1.35x | 11.70x | - | - | - | - | - | - | 0.90x | 0.59x | - | - | - | - | 0.25x | - | - | - |
| Debt / EBITDA | 4.22x | 4.08x | - | - | - | - | - | - | - | 5.97x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 3.04x | 2.68x | - | - | - | - | - | - | - | 3.66x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | 1.17x | 1.35x | -2.17x | -8.33x | -48.95x | -11242.03x | -384.60x | -25.77x | -5.94x | 3.61x | -1.38x | -6.58x | -6.75x | -1.32x | -0.52x | -22.62x | -5.41x | -5.37x | -121.73x | -2.96x | -3.60x | -14.50x | -214.16x | -4.41x | -6.26x | - |
| Total Equity | 7.02M | 5.93M | 38.91M | 44.59M | 41.72M | 30.15M | 5.84M | 6.39M | 1.11M | 102.54K | -423.07K | -1.27M | -825.4K | -2.47M | -3.81M | -3.86M | 2.87M | 2.31M | -321.26K | -1.81M | -1.27M | -647.47K | 41.2K | -2.1M | -1.38M | -377.38K |
| Equity Growth % | -264.59% | -84.76% | -12.73% | 6.87% | 38.37% | 416.28% | -8.64% | 474.83% | 984.53% | 124.24% | 66.72% | -54.02% | 66.56% | 35.14% | 1.4% | -234.55% | 23.92% | 820.6% | 82.29% | -42.7% | -96.31% | -1671.59% | 101.97% | -52.02% | -265.4% | - |
| Book Value per Share | 0.78 | 0.69 | 4.59 | 5.39 | 5.28 | 4.11 | 1.02 | 3.00 | 0.51 | 0.05 | -0.39 | -1.19 | -0.78 | -2.88 | -5.53 | -6.57 | 8.01 | 7.96 | -1.46 | -11.24 | -7.87 | -4.13 | 0.45 | -2.94 | -1.99 | -0.55 |
| Total Shareholders' Equity | 7.03M | 5.93M | 39.4M | 44.83M | 41.83M | 30.64M | 6.15M | 6.61M | 1.11M | 102.54K | -423.07K | -1.27M | -825.4K | -2.47M | -3.81M | -3.86M | 2.87M | 2.31M | -321.26K | -1.81M | -1.27M | -647.47K | 41.2K | -2.1M | -1.38M | -377.38K |
| Common Stock | 9.17K | 8.95K | 8.75K | 8.54K | 8.3K | 7.68K | 6.3K | 3.57K | 236.65K | 113.43K | 109.69K | 107.27K | 92.9K | 85.66K | 68.78K | 58.75K | 41.32K | 32.94K | 27.24K | 16.14K | 16.14K | 16.14K | 14.92K | 73.4K | 70.3K | 69.2K |
| Retained Earnings | -74.5M | -75.3M | -37.78M | -28.04M | -23.39M | -15.24M | -7.03M | -2.68M | -47.47M | -46.87M | -47.2M | -46.78M | -45.44M | -43.17M | -39.02M | -37.17M | -22.92M | -17.08M | -14.77M | -13M | -12.46M | -11.83M | -15.34M | -7.57M | -6.04M | -4.94M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12.04K | -12.04K | -12.04K | -12.04K | -12.04K | -12.04K | -12.04K | -12.04K | -12.04K | -12.04K | -12.04K | -12.04K | -12.04K | -12.04K | -12.04K | -12.04K | -12.04K |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -70.12K | -56.95K | -41.33K | -31.48K | -22.48K | -17.06K | 0 | -85.86K | -85.05K | -83.11K | -75.8K | -41.72K | -41.72K | -19.93K | 221.97K | 0 | 0 | 0 |
| Minority Interest | -9.02K | -8.67K | -491.61K | -244.26K | -107.56K | -488.4K | -310.39K | -221.69K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Quick answers to the most common questions about buying SMTI stock.
As of 2025, Sanara MedTech Inc. (SMTI) had total assets of $72.9M including $33.5M in current assets.
Sanara MedTech Inc. (SMTI) carries total debt of $48.2M, offset by $16.6M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Sanara MedTech Inc. (SMTI) has total shareholders' equity (book value) of $5.9M ($0.69 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Sanara MedTech Inc. (SMTI) reported a current ratio of 1.80x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.