Taitron Components Incorporated (TAIT) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | 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 | Q1'21 | Q4'20 |
|---|
| Total Current Assets | 12.66M | 12.68M | 12.06M | 12.88M | 13.38M | 12.72M | 13.28M | 12.81M | 12.87M | 12.92M | 12.65M | 11.98M | 14.31M | 14.2M | 14.23M | 13.87M | 12.46M | 11.57M | 11.41M | 10.86M |
| Cash & Short-Term Investments | 9.89M | 9.29M | 8.81M | 9.39M | 9.62M | 9.73M | 10.03M | 9.84M | 8.77M | 8.31M | 8.05M | 7.25M | 6.2M | 5.92M | 6.29M | 7.54M | 7.39M | 7.03M | 7.03M | 6.65M |
| Cash Only | 3.96M | 3.78M | 4.04M | 4.21M | 4.71M | 5M | 5.55M | 6.21M | 5.2M | 4.74M | 4.86M | 5.22M | 4.14M | 3.77M | 4.81M | 5.97M | 5.97M | 7.03M | 7.03M | 6.65M |
| Short-Term Investments | 5.93M | 5.51M | 4.78M | 5.18M | 4.91M | 4.73M | 4.48M | 3.63M | 3.57M | 3.57M | 3.2M | 2.03M | 2.06M | 2.15M | 1.48M | 1.57M | 1.42M | 0 | 0 | 0 |
| Accounts Receivable | 573K | 1.05M | 219K | 421K | 623K | 419K | 227K | 92K | 1.13M | 958K | 1.2M | 683K | 1.17M | 1.08M | 733K | 900K | 985K | 975K | 911K | 639K |
| Days Sales Outstanding | 140.78 | 49.32 | 26.62 | 62.61 | 40.38 | 24.01 | 15.07 | 57.77 | 61.3 | 66.02 | 40.71 | 47.96 | 45.14 | 29.62 | 47.35 | 38.22 | 36.28 | 44.58 | 35.51 | 32.44 |
| Inventory | 2.1M | 2.18M | 2.87M | 2.95M | 3M | 2.4M | 2.67M | 2.6M | 2.79M | 3.3M | 3.17M | 3.9M | 4.77M | 5.04M | 5.06M | 5.26M | 3.95M | 3.45M | 3.34M | 3.52M |
| Days Inventory Outstanding | 974.65 | 510.51 | 572.69 | 762.01 | 391.4 | 410.88 | 513.17 | 565.44 | 434.4 | 457.4 | 341 | 439.38 | 420.73 | 353.64 | 620.27 | 379.24 | 260.34 | 310.5 | 279.83 | 350.43 |
| Other Current Assets | 99K | 159K | 160K | 0 | 137K | 164K | 0 | 283K | 0 | 1 | 226K | 0 | 1.92M | 1.92M | 1.92M | 173K | 139K | 120K | 129K | 46K |
| Total Non-Current Assets | 4.43M | 4.59M | 4.67M | 4.76M | 5.3M | 5.35M | 5.21M | 5.2M | 5.25M | 5.08M | 5.12M | 5.16M | 3.16M | 3.18M | 3.21M | 3.25M | 3.29M | 3.33M | 3.37M | 3.41M |
| Property, Plant & Equipment | 2.88M | 2.92M | 3M | 3.03M | 3.07M | 3.12M | 2.97M | 2.97M | 3.02M | 2.84M | 2.88M | 2.92M | 2.97M | 3M | 3.03M | 3.06M | 3.1M | 3.14M | 3.18M | 3.22M |
| Fixed Asset Turnover | 0.18x | 0.39x | 0.36x | 0.25x | 0.38x | 0.40x | 0.32x | 0.32x | 0.53x | 0.52x | 0.72x | 0.60x | 0.77x | 0.93x | 0.51x | 0.74x | 0.80x | 0.61x | 0.61x | 0.60x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 128K | 128K | 186K | 186K | 186K | 186K | 186K | 186K | 186K | 186K | 186K | 186K | 186K | 186K | 186K | 186K | 186K | 186K | 186K |
| Other Non-Current Assets | 0 | 0 | 0 | 1.54M | 0 | 0 | 2.04M | 2.04M | 2.05M | 2.05M | 0 | 2.05M | 0 | 0 | 0 | 7K | 4K | 4K | 4K | 3K |
| Total Assets | 17.09M | 17.26M | 16.73M | 17.64M | 18.68M | 18.08M | 18.49M | 18.01M | 18.12M | 18M | 17.77M | 17.14M | 17.46M | 17.38M | 17.45M | 17.12M | 15.75M | 14.91M | 14.78M | 14.26M |
| Asset Turnover | 0.03x | 0.07x | 0.06x | 0.04x | 0.06x | 0.07x | 0.05x | 0.05x | 0.09x | 0.08x | 0.12x | 0.10x | 0.13x | 0.16x | 0.09x | 0.14x | 0.16x | 0.13x | 0.14x | 0.14x |
| Asset Growth % | -8.52% | -4.5% | -9.5% | -2.05% | 3.07% | 0.41% | 4.02% | 5.07% | 3.76% | 3.57% | 1.87% | 0.09% | 10.86% | 16.61% | 18.05% | 20.06% | 12.22% | 8.14% | 7.92% | 4.87% |
| Total Current Liabilities | 2.02M | 1.94M | 766K | 1.07M | 1.52M | 898K | 1.38M | 1.16M | 1.12M | 1.17M | 1.17M | 1M | 1.1M | 1.26M | 1.29M | 2.74M | 1.55M | 1.16M | 1.27M | 856K |
| Accounts Payable | 492K | 60K | 60K | 251K | 725K | 188K | 488K | 194K | 232K | 496K | 152K | 211K | 687K | 804K | 392K | 1.81M | 1.06M | 690K | 814K | 410K |
| Days Payables Outstanding | 125.7 | 12.13 | 30.62 | 125.06 | 66.14 | 54.73 | 66.45 | 44.74 | 51.92 | 45.78 | 17.51 | 45.49 | 63.92 | 41.86 | 132.48 | 118.27 | 61.56 | 68.78 | 49.94 | 46.25 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 6.26x | 6.54x | 15.75x | 12.00x | 8.82x | 14.17x | 9.62x | 11.01x | 11.50x | 11.05x | 10.79x | 11.97x | 12.97x | 11.25x | 10.99x | 5.07x | 8.02x | 9.98x | 8.96x | 12.68x |
| Quick Ratio | 5.22x | 5.42x | 12.00x | 9.25x | 6.84x | 11.49x | 7.69x | 8.78x | 9.01x | 8.23x | 8.09x | 8.07x | 8.64x | 7.26x | 7.08x | 3.15x | 5.48x | 7.01x | 6.33x | 8.57x |
| Cash Conversion Cycle | 989.73 | 547.7 | 568.69 | 699.57 | 365.64 | 380.16 | 461.79 | 578.48 | 443.78 | 477.64 | 364.2 | 441.85 | 401.95 | 341.4 | 535.14 | 299.18 | 235.06 | 286.3 | 265.41 | 336.62 |
| Total Non-Current Liabilities | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 163K | 163K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 163K | 163K |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 137K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 1 | 0 | 0 | 0 | -137K | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 2.02M | 1.94M | 766K | 1.07M | 1.52M | 898K | 1.38M | 1.16M | 1.12M | 1.17M | 1.17M | 1M | 1.1M | 1.26M | 1.29M | 2.74M | 1.55M | 1.16M | 1.44M | 1.02M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 163K | 163K |
| Net Debt | -3.96M | -3.78M | -4.04M | -4.21M | -4.71M | -5M | -5.55M | -6.21M | -5.2M | -4.74M | -4.86M | -5.22M | -4.14M | -3.77M | -4.81M | -5.97M | -5.97M | -7.03M | -6.87M | -6.49M |
| Debt / Equity | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.01x | 0.01x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.45x | 0.32x |
| Net Debt / EBITDA | - | - | -38.45x | - | -59.59x | -41.02x | - | -141.02x | -12.34x | -16.00x | -8.01x | -13.27x | -5.82x | -3.82x | -17.25x | -8.55x | -7.92x | -15.34x | -18.97x | -12.80x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 15.06M | 15.33M | 15.96M | 16.56M | 17.16M | 17.18M | 17.11M | 16.84M | 17M | 16.83M | 16.6M | 16.14M | 16.36M | 16.12M | 16.15M | 14.38M | 14.2M | 13.75M | 13.34M | 13.24M |
| Equity Growth % | -12.23% | -10.78% | -6.68% | -1.66% | 0.93% | 2.05% | 3.05% | 4.38% | 3.92% | 4.42% | 2.77% | 12.17% | 15.22% | 17.26% | 21.06% | 8.63% | 9.8% | 8.36% | 4.52% | 3.33% |
| Book Value per Share | 2.50 | 2.55 | 2.65 | 2.75 | 2.85 | 2.85 | 2.84 | 2.80 | 2.82 | 2.79 | 2.75 | 2.68 | 2.71 | 2.69 | 2.71 | 2.43 | 2.39 | 2.32 | 2.26 | 2.24 |
| Total Shareholders' Equity | 15.06M | 15.33M | 15.96M | 16.56M | 17.16M | 17.18M | 17.11M | 16.84M | 17M | 16.83M | 16.6M | 16.14M | 16.36M | 16.12M | 16.15M | 14.38M | 14.2M | 13.75M | 13.34M | 13.24M |
| Common Stock | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K |
| Retained Earnings | 3.64M | 3.91M | 4.54M | 5.12M | 5.72M | 5.78M | 5.67M | 5.42M | 5.58M | 5.47M | 5.24M | 4.78M | 5.01M | 4.8M | 5.05M | 3.28M | 3.13M | 2.69M | 2.33M | 2.23M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -68K | -73K | -63K | -49K | -53K | -89K | -53K | -61K | -55K | -60K | -59K | -58K | -58K | -78K | -90K | -73K | -91K | -82K | -79K | -66K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |