Tantech Holdings Ltd (TANH) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q2'19 | Q4'18 | Q2'18 | Q4'17 | Q2'17 | Q4'16 | Q2'16 |
|---|
| Total Current Assets | 73.99M | 75.83M | 117.8M | 117.97M | 115.67M | 112.05M | 106.76M | 107.67M | 105.81M | 86.2M | 81.9M | 67.8M | 68.16M | 66.49M | 70.31M | 66.96M | 89.24M | 63.34M | 63.66M | 63.26M |
| Cash & Short-Term Investments | 33.06M | 32.37M | 35.19M | 34.2M | 29.09M | 24.72M | 18.98M | 10.8M | 43.14M | 40.71M | 37.12M | 15.42M | 12.44M | 14.8M | 7.75M | 12.24M | 9.94M | 9.03M | 5.94M | 4.69M |
| Cash Only | 33.06M | 32.37M | 35.19M | 34.2M | 29.09M | 24.72M | 18.98M | 10.8M | 43.14M | 40.71M | 37.12M | 15.42M | 12.44M | 14.8M | 7.75M | 12.24M | 9.94M | 9.03M | 5.94M | 4.69M |
| 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 | 37.81M | 40.71M | 77.25M | 82.13M | 84.34M | 84.04M | 84.04M | 90.74M | 45.79M | 36.37M | 34.41M | 43.41M | 39.35M | 33.52M | 32.5M | 34.92M | 55.79M | 37.18M | 40.71M | 36.74M |
| Days Sales Outstanding | 200.89 | 262.17 | 339.59 | 352.84 | 278.58 | 388.44 | 301.32 | 230.49 | 0.07 | 156.51 | 0.08 | 164.96 | 117.56 | 143.76 | 226.59 | 258.9 | 138.45 | 285.57 | 142.05 | 154.85 |
| Inventory | 242.35K | 952.85K | 191.25K | 934K | 1.24M | 1.28M | 898.69K | 978.84K | 1.07M | 420.19K | 671.25K | 1.9M | 595.63K | 1.76M | 1.96M | 2.57M | 2.76M | 2.08M | 1.2M | 814.78K |
| Days Inventory Outstanding | 3.65 | 3.2 | 2.97 | 5.92 | 5.36 | 6.35 | 3.98 | 4.27 | 1.08 | 2.99 | 0 | 5.74 | 4.02 | 10.3 | 25.29 | 18.21 | 10.06 | 14.31 | 5.3 | 5.2 |
| Other Current Assets | 2.39M | 1.3M | 887.19K | 110.72K | 809.48K | 1.06M | 1.79M | 4.69M | 10.78M | 8.23M | 9.65M | 5.58M | 15.68M | 7.73M | 27.16M | 17.22M | 26.27M | 15.05M | 15.8M | 21.01M |
| Total Non-Current Assets | 49.98M | 104.87M | 25.15M | 24.2M | 26.02M | 26M | 27.38M | 28.55M | 28.72M | 34.29M | 34.39M | 46.14M | 47.29M | 59.14M | 63.88M | 64.31M | 49.24M | 34.59M | 30.65M | 32.98M |
| Property, Plant & Equipment | 984.98K | 1.13M | 1.18M | 1.11M | 2.38M | 2.89M | 3.07M | 3.53M | 2.42M | 2.27M | 2.48M | 2.42M | 2.7M | 2.98M | 3.24M | 3.4M | 9.88M | 8.4M | 9.27M | 10.31M |
| Fixed Asset Turnover | 16.90x | 17.78x | 18.64x | 12.33x | 10.46x | 6.62x | 8.02x | 9.09x | 23532.09x | 8.68x | 17236.91x | 8.94x | 9.95x | 6.73x | 4.09x | 2.41x | 3.35x | 1.41x | 2.54x | 2.13x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.53M | 8.86M | 8.85M | 9M | 0 | 0 | 0 |
| Intangible Assets | 170.78K | 217.38K | 184.55K | 196.73K | 212.09K | 171.82K | 184.82K | 191.85K | 205.97K | 434.91K | 664.03K | 12.55M | 12.96M | 14.48M | 15.27M | 15.43M | 17.48M | 1.74M | 1.79M | 1.96M |
| Long-Term Investments | 44.19M | 103.53M | 22.79M | 22.89M | 23.43M | 22.94M | 24.12M | 24.83M | 26.1M | 25.76M | 25.5M | 23.53M | 23.88M | 17.48M | 18.16M | 18.13M | 0 | 0 | 8.64M | 0 |
| Other Non-Current Assets | 0 | 0 | 995.01K | 0 | 0 | -26M | 0 | -28.55M | 0 | 5.82M | 5.76M | 7.63M | 7.75M | 7.8M | 8.56M | 8.93M | 12.88M | 24.45M | 10.86M | 20.71M |
| Total Assets | 123.97M | 180.71M | 142.95M | 142.17M | 141.69M | 138.05M | 134.13M | 136.23M | 134.53M | 120.49M | 116.3M | 113.94M | 115.45M | 125.63M | 134.19M | 131.27M | 138.49M | 97.93M | 94.3M | 96.23M |
| Asset Turnover | 0.12x | 0.13x | 0.15x | 0.15x | 0.20x | 0.15x | 0.20x | 0.20x | 432.85x | 0.17x | 366.68x | 0.20x | 0.23x | 0.16x | 0.10x | 0.12x | 0.26x | 0.13x | 0.26x | 0.25x |
| Asset Growth % | -13.28% | 27.11% | 0.89% | 2.98% | 5.63% | 1.34% | -0.29% | 13.07% | 15.68% | 5.74% | 0.73% | -9.3% | -13.97% | -4.3% | -3.1% | 34.05% | 46.85% | 1.76% | 8.3% | 11.75% |
| Total Current Liabilities | 11.23M | 26.61M | 11.76M | 16.88M | 17.61M | 15.28M | 13.54M | 16.26M | 21.77M | 17.99M | 16.8M | 18.04M | 19.13M | 17.3M | 22.15M | 21.94M | 26.79M | 15.91M | 14.1M | 15.3M |
| Accounts Payable | 477.79K | 59.61K | 358 | 6.51M | 2.31M | 2.77M | 2.12M | 2.4M | 1.56M | 2.31M | 1.54M | 2.65M | 1.65M | 2.13M | 2.52M | 2.97M | 5.34M | 3.87M | 1.95M | 2.62M |
| Days Payables Outstanding | 1.64 | 0.17 | 17.2 | 24.07 | 10.79 | 14.2 | 9.58 | 8.25 | 2.8 | 10.54 | 0.01 | 9.91 | 6.44 | 12.89 | 30.7 | 28.36 | 19.14 | 25.42 | 12.01 | 15.46 |
| Short-Term Debt | 3.77M | 2.34M | 3.45M | 5.54M | 8.27M | 6.72M | 4.49M | 7.77M | 12.53M | 6.34M | 8.68M | 8.32M | 8.22M | 7.27M | 13.93M | 9.31M | 12.18M | 8.03M | 8.42M | 8.8M |
| Deferred Revenue (Current) | 4.61M | 797 | 11.58K | 535.02K | 1.21M | 988.76K | 1.83M | 1.06M | 3.58M | 6.17M | 3.18M | 3.96M | 6.96M | 902.38K | 865.62K | 1.28M | 1.2M | 807.53K | 799.51K | 1.37M |
| Other Current Liabilities | 0 | 21.76M | 5.02M | 1.92M | 146.5K | 2.59M | -75.04K | 3.88M | 1.62M | 8.09M | 4.56M | 1.45M | 7.72M | 6.72M | 3.98M | 1.83M | 5.45M | 3.2M | 1.65M | 3.42M |
| Current Ratio | 6.59x | 2.85x | 10.02x | 6.99x | 6.57x | 7.33x | 7.88x | 6.62x | 4.86x | 4.79x | 4.87x | 3.76x | 3.56x | 3.84x | 3.17x | 3.05x | 3.33x | 3.98x | 4.52x | 4.13x |
| Quick Ratio | 6.57x | 2.81x | 10.00x | 6.93x | 6.50x | 7.25x | 7.82x | 6.56x | 4.81x | 4.77x | 4.83x | 3.65x | 3.53x | 3.74x | 3.09x | 2.94x | 3.23x | 3.85x | 4.43x | 4.08x |
| Cash Conversion Cycle | 202.9 | 265.21 | 325.36 | 334.68 | 273.15 | 380.58 | 295.72 | 226.5 | -1.65 | 148.96 | 0.08 | 160.79 | 115.14 | 141.17 | 221.18 | 248.75 | 129.37 | 274.46 | 135.33 | 144.59 |
| Total Non-Current Liabilities | 2.4M | 1.28M | 2.92M | 2.21M | 1.07M | 4.55M | 4.66M | 1.39M | 223.29K | 0 | 0 | 1.76M | 1.78M | 1.98M | 2.05M | 2.05M | 2.09M | 0 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 3.51M | 3.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 745.12K | 864.21K | 919.78K | 0 | 1.07M | 1.04M | 1.26M | 1.39M | 223.29K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.76M | 1.78M | 1.98M | 2.05M | 2.05M | 2.09M | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.65M | 417K | 2M | 2.21M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 13.63M | 27.89M | 14.68M | 19.09M | 18.68M | 19.83M | 18.2M | 17.65M | 21.99M | 17.99M | 16.8M | 19.8M | 20.92M | 19.27M | 24.21M | 23.99M | 28.88M | 15.91M | 14.1M | 15.3M |
| Total Debt | 4.65M | 3.21M | 4.51M | 5.57M | 9.51M | 11.51M | 9.31M | 9.63M | 12.87M | 6.34M | 8.68M | 8.32M | 7.35M | 7.27M | 13.06M | 9.31M | 12.18M | 8.03M | 6.69M | 8.8M |
| Net Debt | -28.41M | -29.17M | -30.68M | -28.62M | -19.58M | -13.21M | -9.67M | -1.18M | -30.28M | -34.37M | -28.44M | -7.1M | -5.09M | -7.53M | 5.31M | -2.93M | 2.24M | -1M | 751.81K | 4.11M |
| Debt / Equity | 0.04x | 0.02x | 0.04x | 0.05x | 0.08x | 0.10x | 0.08x | 0.08x | 0.11x | 0.06x | 0.09x | 0.09x | 0.08x | 0.07x | 0.12x | 0.09x | 0.11x | 0.10x | 0.08x | 0.11x |
| Debt / EBITDA | - | 0.96x | 1.95x | 1.69x | 57.10x | 5.45x | 5.37x | 2.72x | 1.69x | - | - | 3.70x | - | 3.08x | 5.26x | 9.90x | 2.45x | 17.66x | 1.47x | 2.83x |
| Net Debt / EBITDA | - | -8.71x | -13.31x | -8.66x | -117.60x | -6.25x | -5.57x | -0.33x | -3.99x | - | - | -3.16x | - | -3.19x | 2.14x | -3.12x | 0.45x | -2.20x | 0.17x | 1.32x |
| Interest Coverage | -82.70x | 35.19x | -18.68x | 14.30x | 27.99x | 7.13x | 2.83x | 29.65x | -3.52x | -41.72x | -146.56x | 9.80x | -50.45x | 8.28x | 6.36x | 2.03x | 10.48x | -1.41x | - | - |
| Total Equity | 110.35M | 152.81M | 128.28M | 123.08M | 123.01M | 118.22M | 115.94M | 118.58M | 112.54M | 102.49M | 99.49M | 94.14M | 94.53M | 106.36M | 109.99M | 107.29M | 109.61M | 82.02M | 80.21M | 80.93M |
| Equity Growth % | -13.98% | 24.16% | 4.29% | 4.11% | 6.1% | -0.3% | 3.02% | 15.7% | 13.11% | 8.87% | 5.25% | -11.48% | -14.05% | -0.87% | 0.34% | 30.81% | 36.66% | 1.34% | 9.74% | 9.81% |
| Book Value per Share | 56.77 | 2.82 | 480.51 | 748.00 | 33.88 | 62.10 | 95.19 | 150.23 | 651.01 | 660.30 | 807.61 | 782.55 | 786.32 | 884.69 | 916.94 | 897.07 | 952.06 | 809.66 | 825.71 | 854.72 |
| Total Shareholders' Equity | 110.35M | 140.79M | 131.31M | 125.99M | 125.72M | 120.49M | 118.08M | 120.53M | 114.26M | 102.04M | 98.85M | 90.05M | 90.19M | 98.66M | 102.07M | 98.88M | 100.81M | 82.02M | 80.21M | 77.43M |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 829.9K | 292.3K | 292.79K | 63.99K | 42.87K | 35.89K | 28.89K | 28.85K | 28.85K | 28.85K | 28.7K | 28.7K | 24.31K | 24.31K | 23.29K |
| Retained Earnings | 17.39M | 57.93M | 48.82M | 53.47M | 44.67M | 41.01M | 39.09M | 38.46M | 36.68M | 38.91M | 45.48M | 53.28M | 52.06M | 59M | 58.33M | 58.35M | 56.36M | 52.9M | 52.59M | 49.88M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -10.51M | -13.01M | -12.28M | -14.69M | -4.97M | -6.1M | -752.33K | 2.31M | 7.95M | 5.92M | 4.94M | -2.61M | -1.21M | 320.88K | 4.4M | 1.43M | 5.36M | 2.49M | 989.09K | 4.44M |
| Minority Interest | 0 | 12.02M | -3.03M | -2.91M | -2.71M | -2.26M | -2.15M | -1.94M | -1.72M | 456.76K | 638.85K | 4.09M | 4.35M | 7.7M | 7.92M | 8.41M | 8.8M | 0 | 0 | 3.5M |