Sanara MedTech Inc. (SMTI) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | 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 | Q2'21 |
|---|
| Total Current Assets | 31.2M | 33.54M | 31.23M | 33.67M | 36.84M | 33.31M | 31.91M | 20.81M | 17.19M | 19.01M | 19.38M | 18.18M | 19.01M | 20.62M | 20.57M | 19.83M | 22.49M | 24.61M | 27.23M | 28.92M |
| Cash & Short-Term Investments | 13.59M | 16.58M | 14.94M | 16.96M | 20.69M | 15.88M | 16.28M | 6.15M | 2.83M | 5.15M | 6.24M | 6.06M | 7.29M | 8.96M | 10.29M | 12.68M | 16.14M | 18.65M | 22.37M | 24.39M |
| Cash Only | 13.59M | 16.58M | 14.94M | 16.96M | 20.69M | 15.88M | 16.28M | 6.15M | 2.83M | 5.15M | 6.24M | 6.06M | 7.29M | 8.96M | 10.29M | 12.68M | 16.14M | 18.65M | 22.37M | 24.39M |
| Short-Term Investments | 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 | 12.09M | 12M | 11.9M | 13.55M | 12.19M | 10.61M | 9.22M | 8.53M | 7.5M | 7.21M | 6.54M | 7M | 5.54M | 4.1M | 3.55M | 2.99M | 2.28M | 2.49M |
| Days Sales Outstanding | 41.47 | 40.22 | 42.07 | 42.1 | 48.88 | 45.02 | 48.4 | 44.75 | 43.57 | 41.68 | 42.22 | 39.72 | 39.27 | 37.67 | 33.98 | 36 | 37.7 | 34.5 | 37.75 | 36.29 |
| Inventory | 3.12M | 3.95M | 3.39M | 3.51M | 3.16M | 2.75M | 3.01M | 3.56M | 4.23M | 4.72M | 5.02M | 4.42M | 3.43M | 3.55M | 3.73M | 2.31M | 2.17M | 2.05M | 1.55M | 1.54M |
| Days Inventory Outstanding | 126.7 | 132.68 | 127.68 | 156.68 | 105.2 | 117.83 | 151.79 | 176.54 | 215.38 | 250.52 | 248 | 163.33 | 147.78 | 141.41 | 124.81 | 212.93 | 235.85 | 211.59 | 274.67 | 230.49 |
| Other Current Assets | 865.32K | 1.02M | 814.23K | 0 | 1.09M | 1.12M | 429.43K | 489.24K | 911.59K | 608.41K | 621.69K | 0 | 1.75M | 1.1M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 38.08M | 39.4M | 39.86M | 65.1M | 59.54M | 54.79M | 56.64M | 52.57M | 53.73M | 54.87M | 56.1M | 40.1M | 40.96M | 40.42M | 40.9M | 26.65M | 11.44M | 11.79M | 10.7M | 9.87M |
| Property, Plant & Equipment | 2.45M | 2.53M | 2.57M | 9.99M | 3.23M | 1.88M | 2.68M | 2.91M | 3.09M | 3.25M | 3.42M | 3.27M | 3.43M | 2.22M | 2.33M | 1.81M | 1.93M | 2.04M | 2.05M | 2.08M |
| Fixed Asset Turnover | 11.15x | 10.79x | 4.19x | 3.91x | 9.17x | 11.52x | 7.75x | 6.73x | 5.85x | 5.30x | 4.79x | 4.70x | 5.49x | 6.74x | 6.31x | 5.17x | 3.93x | 3.44x | 2.82x | 3.01x |
| Goodwill | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.28M | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 17.86M | 18.64M | 21.1M | 40.99M | 42.01M | 41.01M | 42.03M | 42.98M | 43.95M | 44.93M | 45.99M | 30.14M | 30.84M | 31.51M | 32.22M | 21.76M | 4.62M | 4.73M | 4.84M | 3.79M |
| Long-Term Investments | 14.16M | 14.63M | 12.59M | 10.52M | 10.69M | 8.3M | 8.32M | 3.08M | 3.08M | 3.08M | 3.08M | 3.08M | 3.08M | 3.08M | 3.08M | 3.08M | 4.89M | 5.02M | 3.81M | 4.01M |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -19.38M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 69.28M | 72.94M | 71.09M | 98.77M | 96.38M | 88.09M | 88.55M | 73.38M | 70.91M | 73.87M | 75.47M | 58.28M | 59.97M | 61.04M | 61.48M | 46.48M | 33.93M | 36.4M | 37.93M | 38.78M |
| Asset Turnover | 0.39x | 0.38x | 0.31x | 0.26x | 0.25x | 0.30x | 0.27x | 0.28x | 0.26x | 0.24x | 0.24x | 0.27x | 0.26x | 0.25x | 0.24x | 0.24x | 0.22x | 0.19x | 0.15x | 0.16x |
| Asset Growth % | -28.12% | -17.2% | -19.72% | 34.59% | 35.91% | 19.25% | 17.32% | 25.92% | 18.25% | 21.03% | 22.77% | 25.39% | 76.72% | 67.7% | 62.09% | 19.84% | -13.03% | 270.4% | 292.97% | 284.38% |
| Total Current Liabilities | 13.7M | 18.63M | 17.36M | 14.88M | 13.28M | 15.29M | 14.34M | 11.57M | 12.75M | 13.77M | 13.23M | 9.88M | 10.6M | 12.81M | 9.21M | 6.93M | 5.23M | 6.02M | 4.16M | 3.75M |
| Accounts Payable | 921.24K | 2.34M | 1.17M | 1.46M | 2.1M | 1.5M | 1.45M | 896.02K | 1.19M | 2M | 2M | 1.11M | 1.82M | 1.43M | 922.88K | 1.48M | 981.22K | 593.97K | 453.52K | 371.08K |
| Days Payables Outstanding | 58.43 | 63.42 | 48.58 | 83.45 | 63.97 | 60.37 | 54.22 | 47.29 | 76.88 | 103.07 | 81.88 | 61.03 | 68.76 | 45.62 | 49.57 | 116.81 | 88.05 | 61.56 | 73.28 | 62.6 |
| Short-Term Debt | 367.94K | 353.23K | 338.99K | 0 | 0 | 0 | 0 | 0 | 928.57K | 580.36K | 232.14K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 1.23M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.05M | 9.73M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 3.33M | 235K | 4.98M | 39.66K | 0 | 0 | 1.91M | 1.09M | 979.49K | -947.68K | -8.73M | 700K | 686.41K | 1.16M | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 2.28x | 1.80x | 1.80x | 2.26x | 2.77x | 2.18x | 2.23x | 1.80x | 1.35x | 1.38x | 1.46x | 1.84x | 1.79x | 1.61x | 2.23x | 2.86x | 4.30x | 4.09x | 6.55x | 7.72x |
| Quick Ratio | 2.05x | 1.59x | 1.60x | 2.03x | 2.54x | 2.00x | 2.02x | 1.49x | 1.02x | 1.04x | 1.09x | 1.39x | 1.47x | 1.33x | 1.83x | 2.53x | 3.89x | 3.75x | 6.17x | 7.31x |
| Cash Conversion Cycle | 109.74 | 109.48 | 121.17 | 115.34 | 90.11 | 102.48 | 145.96 | 174 | 182.06 | 189.14 | 208.33 | 142.02 | 118.29 | 133.46 | 109.22 | 132.12 | 185.51 | 184.53 | 239.14 | 204.19 |
| Total Non-Current Liabilities | 48.56M | 48.39M | 47.59M | 48.5M | 46.43M | 33.89M | 34.75M | 20.42M | 15.15M | 15.52M | 18.15M | 7.43M | 7.89M | 6.51M | 7.62M | 4.1M | 187.04K | 222.15K | 347.01K | 381.04K |
| Long-Term Debt | 46.23M | 45.97M | 45.09M | 44.22M | 43.4M | 30.69M | 30.08M | 14.37M | 8.77M | 9.11M | 9.46M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 1.77M | 1.87M | 1.96M | 1.05M | 1.09M | 1.24M | 1.41M | 1.51M | 1.63M | 1.74M | 1.85M | 1.78M | 1.86M | 505.29K | 567.74K | 151.38K | 187.04K | 222.15K | 256.72K | 290.75K |
| Deferred Tax Liabilities | 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 | 536.88K | 3.23M | 1.94M | 1.96M | 3.27M | 4.53M | 4.76M | 4.66M | 6.84M | 5.65M | 6.03M | 6M | 7.06M | 3.95M | 0 | 0 | 90.29K | 90.29K |
| Total Liabilities | 62.26M | 67.01M | 64.95M | 63.38M | 59.71M | 49.18M | 49.09M | 31.98M | 27.9M | 29.28M | 31.38M | 17.31M | 18.49M | 19.32M | 16.83M | 11.03M | 5.42M | 6.24M | 4.51M | 4.13M |
| Total Debt | 48.37M | 48.19M | 47.39M | 45.45M | 44.72M | 32.29M | 31.92M | 16.28M | 11.7M | 11.79M | 11.86M | 2.05M | 2.11M | 819.22K | 866.82K | 308.34K | 367.27K | 425.44K | 482.86K | 419.05K |
| Net Debt | 34.77M | 31.61M | 32.45M | 28.49M | 24.03M | 16.41M | 15.65M | 10.13M | 8.87M | 6.64M | 5.62M | -4.01M | -5.17M | -8.14M | -9.42M | -12.37M | -15.78M | -18.23M | -21.89M | -23.97M |
| Debt / Equity | 6.89x | 8.13x | 7.73x | 1.28x | 1.22x | 0.83x | 0.81x | 0.39x | 0.27x | 0.26x | 0.27x | 0.05x | 0.05x | 0.02x | 0.02x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x |
| Debt / EBITDA | 14.96x | 13.54x | 13.27x | 41.97x | 22.93x | 26.17x | - | - | - | 13.57x | 130.29x | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 10.75x | 8.88x | 9.08x | 26.31x | 12.32x | 13.30x | - | - | - | 7.65x | 61.78x | - | - | - | - | - | - | - | - | - |
| Interest Coverage | 1.47x | 1.58x | 1.63x | -0.02x | 0.63x | -0.32x | -1.45x | -4.50x | -5.73x | -7.59x | -4.82x | - | -278168.33x | -25.30x | -28.47x | - | - | - | - | - |
| Total Equity | 7.02M | 5.93M | 6.13M | 35.39M | 36.67M | 38.91M | 39.45M | 41.4M | 43.01M | 44.59M | 44.1M | 40.96M | 41.48M | 41.72M | 44.65M | 35.45M | 28.52M | 30.15M | 33.42M | 34.66M |
| Equity Growth % | -80.86% | -84.76% | -84.46% | -14.52% | -14.75% | -12.73% | -10.53% | 1.07% | 3.7% | 6.87% | -1.23% | 15.55% | 45.46% | 38.37% | 33.59% | 2.29% | -19.61% | 416.28% | 500.77% | 517.38% |
| Book Value per Share | 0.78 | 0.69 | 0.69 | 4.11 | 4.28 | 4.56 | 4.63 | 4.89 | 5.11 | 5.22 | 5.29 | 4.98 | 5.07 | 5.03 | 5.51 | 4.34 | 3.75 | 4.01 | 4.45 | 4.62 |
| Total Shareholders' Equity | 7.03M | 5.93M | 6.14M | 35.4M | 36.67M | 39.4M | 39.78M | 41.71M | 43.29M | 44.83M | 44.32M | 41.15M | 41.62M | 41.83M | 45.46M | 36.2M | 29.03M | 30.64M | 33.9M | 35.11M |
| Common Stock | 9.17K | 8.95K | 8.93K | 8.9K | 8.9K | 8.75K | 8.74K | 8.75K | 8.62K | 8.54K | 8.54K | 8.44K | 8.38K | 8.3K | 8.3K | 8.02K | 7.81K | 7.68K | 7.63K | 7.61K |
| Retained Earnings | -74.5M | -75.3M | -73.69M | -43.29M | -41.31M | -37.78M | -36.25M | -33.39M | -29.9M | -28.04M | -27.8M | -26.74M | -24.91M | -23.39M | -19.12M | -21.66M | -18.42M | -15.24M | -11.41M | -9.39M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -9.02K | -8.67K | -8.42K | -7.47K | -3.43K | -491.61K | -329.59K | -304.31K | -279.12K | -244.26K | -219.01K | -184.43K | -145.98K | -107.56K | -809.52K | -748.09K | -515.58K | -488.4K | -480.12K | -452.63K |