Sequans Communications S.A. (SQNS) 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 | 35.82M | 34.95M | 39.98M | 66.84M | 75.8M | 92.98M | 209.31M | 37.36M | 28.52M | 36.9M | 37.19M | 42.85M | 32.35M | 40.44M | 47.47M | 51.13M | 56.38M | 40.9M | 45.41M | 59.77M |
| Cash & Short-Term Investments | 10.63M | 13.4M | 13.43M | 41.6M | 45.95M | 62.09M | 173.58M | 13.11M | 474K | 5.71M | 6.74M | 7.89M | 5.34M | 10.67M | 5.83M | 16.75M | 26.3M | 4.83M | 15.23M | 30.28M |
| Cash Only | 10.63M | 13.4M | 13.43M | 18.6M | 11.95M | 9.09M | 173.58M | 13.11M | 474K | 5.71M | 6.74M | 2.89M | 5.34M | 5.67M | 5.83M | 9.75M | 9.8M | 4.83M | 7.23M | 3.78M |
| Short-Term Investments | 0 | 0 | 0 | 23M | 34M | 53M | 0 | 0 | 0 | 0 | 0 | 5M | 0 | 5M | 0 | 7M | 16.5M | 0 | 8M | 26.5M |
| Accounts Receivable | 18.39M | 15.9M | 20.52M | 20.6M | 24.97M | 26.61M | 30.36M | 18.23M | 20.86M | 23.43M | 19.9M | 24.73M | 16.55M | 18.98M | 29.63M | 25.28M | 20.38M | 27.53M | 21.4M | 21.57M |
| Days Sales Outstanding | 253.95 | 240.85 | 441.07 | 254.68 | 288.19 | 237.18 | 221.77 | 183.86 | 334.41 | 417.6 | 263.69 | 205.13 | 134.39 | 140.55 | 152.83 | 146.1 | 155.2 | 162.98 | 166.25 | 148.98 |
| Inventory | 4.03M | 3.93M | 4.17M | 2.88M | 3.03M | 2.87M | 4.15M | 4.52M | 5.25M | 6.33M | 8.55M | 8.4M | 8.55M | 9.39M | 10.1M | 6.98M | 7.54M | 6.43M | 5.88M | 5.21M |
| Days Inventory Outstanding | 94.62 | 85.93 | 127.98 | 92.85 | 92.86 | 89.59 | 225.7 | 287.32 | 242.49 | 163.39 | 705.69 | 474.77 | 315.83 | 227.83 | 211.89 | 118.12 | 141.74 | 95.67 | 84.41 | 80.1 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 122.27M | 214M | 391.79M | 21.45M | 21.78M | 13.55M | 12.8M | 84.89M | 84.92M | 72.28M | 67.29M | 64.05M | 60.35M | 58.31M | 56.92M | 56.45M | 54.56M | 48.66M | 46.01M | 43.43M |
| Property, Plant & Equipment | 4.32M | 6.21M | 8.02M | 4.24M | 4.7M | 4.31M | 4.4M | 5.57M | 6.18M | 6.82M | 7.1M | 7.49M | 7.74M | 8.49M | 9.25M | 9.8M | 7.7M | 8.01M | 8.02M | 8.1M |
| Fixed Asset Turnover | 1.15x | 0.98x | 0.70x | 1.82x | 1.79x | 2.54x | 2.02x | 1.65x | 0.93x | 0.69x | 1.07x | 1.20x | 1.47x | 1.79x | 1.74x | 1.63x | 1.77x | 1.72x | 1.47x | 1.50x |
| Goodwill | 3.68M | 12.51M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 7.86M | 0 | 14.07M | 13.12M | 13.31M | 5.64M | 4.44M | 75.73M | 71.59M | 64.3M | 59.1M | 55.47M | 51.47M | 48.7M | 46.74M | 45.66M | 44.26M | 37.98M | 35.26M | 31.54M |
| Long-Term Investments | 20.64M | 409K | 366.01M | 435K | 402K | 353K | 365K | 349K | 353K | 360K | 334K | 343K | 343K | 337K | 307K | 327K | 350K | 357K | 365K | 374K |
| Other Non-Current Assets | 85.78M | 194.87M | 3.7M | 3.65M | 3.37M | 3.25M | 3.6M | 3.23M | 6.79M | 801K | 760K | 749K | 795K | 783K | 620K | 660K | 2.25M | 2.31M | 37.63M | 3.41M |
| Total Assets | 158.09M | 248.95M | 431.77M | 88.29M | 97.58M | 106.53M | 222.12M | 122.25M | 113.44M | 109.17M | 104.48M | 106.91M | 92.71M | 98.75M | 104.39M | 107.58M | 110.93M | 89.56M | 91.42M | 103.2M |
| Asset Turnover | 0.03x | 0.02x | 0.02x | 0.09x | 0.08x | 0.07x | 0.06x | 0.08x | 0.05x | 0.04x | 0.07x | 0.09x | 0.12x | 0.16x | 0.16x | 0.13x | 0.14x | 0.15x | 0.12x | 0.14x |
| Asset Growth % | 62.01% | 133.68% | 94.39% | -27.78% | -13.98% | -2.42% | 112.6% | 14.35% | 22.36% | 10.55% | 0.09% | -0.63% | -16.43% | 10.26% | 14.18% | 4.25% | 38.06% | 2.76% | 2.44% | 6.42% |
| Total Current Liabilities | 75.44M | 39.4M | 41.2M | 36.45M | 39.05M | 42.17M | 154.2M | 126.95M | 115.71M | 107.86M | 87.55M | 78.01M | 35.94M | 36.83M | 39.95M | 41.49M | 40.68M | 48.74M | 49.48M | 55.02M |
| Accounts Payable | 7.47M | 11.2M | 13.83M | 9.81M | 8.89M | 6.11M | 19.79M | 14.94M | 18.48M | 16.28M | 15.43M | 10.8M | 11.63M | 9.34M | 10.1M | 11.49M | 11.4M | 13.92M | 13.86M | 16.2M |
| Days Payables Outstanding | 221.94 | 265.5 | 429.1 | 293.37 | 235.64 | 330.49 | 904.09 | 982.94 | 727.96 | 348.16 | 1.09K | 627.82 | 369.15 | 227.31 | 267.87 | 186.21 | 256.77 | 215.72 | 228.82 | 252.04 |
| Short-Term Debt | 47.46M | 5.93M | 5.72M | 5.09M | 4.76M | 8.97M | 96.77M | 88.33M | 83.43M | 74.64M | 61.06M | 52.29M | 10.47M | 10.91M | 13.84M | 17.27M | 15.55M | 12.41M | 9.41M | 10.76M |
| Deferred Revenue (Current) | 7.64M | 5.68M | 4.9M | 5.51M | 8.65M | 11.65M | 16.54M | 10.95M | 3.24M | 6.56M | 1.09M | 5.46M | 3.21M | 6.93M | 6.9M | 3.01M | 4.12M | 11.99M | 14.84M | 15.92M |
| Other Current Liabilities | 9.82M | 13.46M | 12.84M | 11.16M | 12.43M | 11.17M | 19.73M | 11.43M | 9.2M | 8.9M | 8.71M | 8.29M | 9.32M | 8.36M | 7.89M | 8.43M | 8.35M | 9.18M | 10.15M | 10.93M |
| Current Ratio | 0.47x | 0.89x | 0.97x | 1.83x | 1.94x | 2.20x | 1.36x | 0.29x | 0.25x | 0.34x | 0.42x | 0.55x | 0.90x | 1.10x | 1.19x | 1.23x | 1.39x | 0.84x | 0.92x | 1.09x |
| Quick Ratio | 0.42x | 0.79x | 0.87x | 1.75x | 1.86x | 2.14x | 1.33x | 0.26x | 0.20x | 0.28x | 0.33x | 0.44x | 0.66x | 0.84x | 0.94x | 1.06x | 1.20x | 0.71x | 0.80x | 0.99x |
| Cash Conversion Cycle | 126.63 | 61.28 | 139.95 | 54.17 | 145.41 | -3.72 | -456.62 | -511.76 | -151.05 | 232.84 | -122.46 | 52.08 | 81.06 | 141.06 | 96.84 | 78.01 | 40.16 | 42.93 | 21.84 | -22.96 |
| Total Non-Current Liabilities | 9.87M | 81.84M | 164.85M | 10.37M | 9.25M | 9M | 10.48M | 11.22M | 14.53M | 7.39M | 8.1M | 18.05M | 58.03M | 59.82M | 59.59M | 59.32M | 61.24M | 65.13M | 60.8M | 68.14M |
| Long-Term Debt | 1.89M | 62.13M | 156.41M | 4.72M | 4.77M | 5.61M | 7.11M | 7.91M | 10.77M | 2.93M | 3.83M | 11.9M | 52.01M | 52.02M | 50.78M | 49.32M | 49.79M | 53.76M | 53.42M | 60.89M |
| Capital Lease Obligations | 1.24M | 2.02M | 2.01M | 0 | 88K | 333K | 649K | 1.12M | 1.36M | 1.65M | 1.85M | 2.17M | 2.11M | 2.28M | 2.34M | 2.73M | 3.04M | 3.37M | 3.8M | 3.85M |
| Deferred Tax Liabilities | 127K | 186K | 186K | 190K | 179K | 173K | 278K | 263K | 263K | 264K | 263K | 272K | 266K | 258K | 113K | 124K | 134K | 138K | 19K | 20K |
| Other Non-Current Liabilities | 3.47M | 12.32M | 3.85M | 2.81M | 3.43M | 1.4M | 2.44M | 1.93M | 2.14M | 2.22M | 2.14M | 3.31M | 3.24M | 3.98M | 4.64M | 5.29M | 6.01M | 3.1M | 3.38M | 3.13M |
| Total Liabilities | 85.31M | 121.23M | 206.05M | 46.82M | 48.3M | 51.17M | 164.68M | 138.17M | 130.23M | 115.24M | 95.64M | 96.06M | 93.97M | 96.65M | 99.54M | 100.81M | 101.92M | 113.87M | 110.28M | 123.17M |
| Total Debt | 50.58M | 70.07M | 164.14M | 10.94M | 11M | 16.36M | 105.9M | 98.66M | 96.91M | 80.69M | 68M | 67.54M | 65.9M | 66.5M | 68.17M | 70.61M | 69.64M | 70.79M | 67.85M | 76.71M |
| Net Debt | 39.95M | 56.67M | 150.71M | -7.66M | -951K | 7.26M | -67.69M | 85.55M | 96.43M | 74.98M | 61.26M | 64.64M | 60.56M | 60.83M | 62.34M | 60.86M | 59.84M | 65.95M | 60.61M | 72.92M |
| Debt / Equity | 0.69x | 0.55x | 0.73x | 0.26x | 0.22x | 0.30x | 1.84x | - | - | - | 7.69x | 6.23x | - | 31.61x | 14.06x | 10.43x | 7.73x | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | 0.73x | - | - | - | - | - | - | 26.04x | 15.42x | 91.34x | 162.71x | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | -0.46x | - | - | - | - | - | - | 23.82x | 14.10x | 78.73x | 139.81x | - | - | - |
| Interest Coverage | -2.43x | -12.93x | 0.06x | - | - | - | -0.98x | -0.34x | -2.57x | -3.40x | -2.80x | -1.93x | -1.59x | 2.56x | 0.44x | -0.73x | -0.74x | -1.63x | -1.89x | -0.99x |
| Total Equity | 72.78M | 127.72M | 225.72M | 41.47M | 49.28M | 55.36M | 57.44M | -15.92M | -16.79M | -6.07M | 8.84M | 10.84M | -1.26M | 2.1M | 4.85M | 6.77M | 9.01M | -24.31M | -18.85M | -19.97M |
| Equity Growth % | 47.68% | 130.71% | 292.95% | 360.43% | 393.53% | 1011.86% | 550.04% | -246.86% | -1230.43% | -388.55% | 82.28% | 60.1% | -114% | 108.66% | 125.71% | 133.91% | 130.34% | 33.96% | 59.09% | 46.92% |
| Book Value per Share | 499.33 | 9.17 | 16.20 | 1.63 | 1.95 | 2.20 | 2.30 | -0.64 | -0.68 | -0.25 | 0.39 | 0.47 | -0.07 | 0.11 | 0.25 | 0.36 | 0.49 | -1.62 | -1.15 | -1.34 |
| Total Shareholders' Equity | 72.78M | 127.72M | 225.72M | 41.47M | 49.28M | 55.36M | 57.44M | -15.92M | -16.79M | -6.07M | 8.84M | 10.84M | -1.26M | 2.1M | 4.85M | 6.77M | 9.01M | -24.31M | -18.85M | -19.97M |
| Common Stock | 17.83M | 18.72M | 18.3M | 2.97M | 2.96M | 2.93M | 2.92M | 2.9M | 2.89M | 2.88M | 2.85M | 2.75M | 2.31M | 2.31M | 2.29M | 2.28M | 4.55M | 3.69M | 3.65M | 3.64M |
| Retained Earnings | -199.39M | -138.24M | -58.81M | -52.16M | -43.05M | -35.8M | -33.78M | -106.06M | -105.15M | -93.36M | -76.08M | -66.53M | -70.14M | -65.1M | -60.14M | -57.27M | -381.54M | -383.55M | -375.75M | -375.95M |
| Treasury Stock | -933K | -9.36M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 78.07M | 77.52M | 84.01M | 76.4M | 75.52M | 74.5M | 74.06M | 73.38M | 71.53M | 70.26M | 68.27M | 66.43M | 64.65M | 62.87M | 61.06M | 59.73M | 58.51M | 57.2M | 55.34M | 54.31M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |