Tecogen Inc. (TGEN) 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 | 26.55M | 28.89M | 32.08M | 19.04M | 20.61M | 22.15M | 18.17M | 18.06M | 19.73M | 20.31M | 21.59M | 21.77M | 22.35M | 22.03M | 23.37M | 23.37M | 25.61M | 24.97M | 24.69M | 23.23M |
| Cash & Short-Term Investments | 9.33M | 12.43M | 15.25M | 1.64M | 4.07M | 5.41M | 1.28M | 841.91K | 1.51M | 1.35M | 646.16K | 1.87M | 1.63M | 1.91M | 2.88M | 2.83M | 5.46M | 3.61M | 3.35M | 3.19M |
| Cash Only | 9.33M | 12.43M | 15.25M | 1.64M | 4.07M | 5.41M | 1.28M | 841.91K | 1.51M | 1.35M | 646.16K | 1.87M | 1.63M | 1.91M | 2.88M | 2.83M | 5.46M | 3.61M | 3.35M | 3.19M |
| 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 | 5.06M | 4.42M | 6.35M | 6.77M | 5.98M | 6.43M | 6.59M | 6.62M | 7.79M | 7.99M | 9.44M | 7.41M | 8.59M | 8.52M | 10.55M | 11.02M | 10.54M | 11.74M | 11.57M | 11.68M |
| Days Sales Outstanding | 67.3 | 93.13 | 83.98 | 79.48 | 76.68 | 98.53 | 107.94 | 138.72 | 116.11 | 135.99 | 108.99 | 107.89 | 143.14 | 193.62 | 149.97 | 152.93 | 134.78 | 149.35 | 213.2 | 176.62 |
| Inventory | 11.44M | 10.95M | 9.56M | 9.68M | 9.89M | 9.63M | 9.9M | 10.11M | 10.02M | 10.55M | 11.04M | 12.03M | 11.86M | 10.48M | 8.71M | 8.2M | 7.76M | 7.76M | 7.92M | 6.81M |
| Days Inventory Outstanding | 268.96 | 280.71 | 177 | 184.23 | 216.54 | 268.88 | 292.26 | 345.88 | 259.29 | 279.87 | 253.45 | 277.7 | 305.83 | 410.23 | 208.9 | 195.67 | 160.66 | 193.56 | 253.46 | 188.11 |
| Other Current Assets | 719.78K | 1.09M | 918.84K | 949.26K | 684.55K | 680.57K | 403.22K | 0 | 0 | 46.15K | 46.15K | 467.39K | 265.02K | 713.27K | 713.27K | 713.27K | 1.28M | 1.28M | 1.28M | 713.27K |
| Total Non-Current Assets | 7.92M | 8.1M | 9.39M | 9.32M | 9.11M | 8.95M | 9.31M | 9.09M | 8.73M | 7.49M | 7.59M | 8.03M | 5.89M | 6.22M | 6.7M | 6.96M | 7.16M | 7.39M | 7.79M | 8.09M |
| Property, Plant & Equipment | 4.53M | 4.53M | 4.7M | 2.75M | 2.42M | 3.92M | 3.98M | 3.68M | 3.32M | 2.11M | 2.01M | 2.27M | 2.37M | 2.65M | 3.07M | 3.27M | 3.42M | 3.65M | 3.94M | 4.19M |
| Fixed Asset Turnover | 1.40x | 1.15x | 1.93x | 2.82x | 2.30x | 1.54x | 1.47x | 1.35x | 2.28x | 2.87x | 3.32x | 2.90x | 2.14x | 1.58x | 2.09x | 1.92x | 2.10x | 1.89x | 1.23x | 1.44x |
| Goodwill | 1.25M | 1.25M | 2.35M | 2.35M | 2.35M | 2.35M | 2.56M | 2.56M | 2.65M | 2.74M | 3.13M | 3.13M | 2.41M | 2.41M | 2.41M | 2.41M | 2.41M | 2.41M | 2.41M | 2.41M |
| Intangible Assets | 2.06M | 2.15M | 2.24M | 2.33M | 2.42M | 2.51M | 2.6M | 2.7M | 2.53M | 2.44M | 2.31M | 2.42M | 947.88K | 997.59K | 1.05M | 1.1M | 1.14M | 1.18M | 1.23M | 1.24M |
| Long-Term Investments | 0 | 0 | 18.75K | 0 | 75K | 0 | 93.74K | 75K | 112.49K | 0 | 75K | 0 | 0 | 0 | 112.49K | 112.49K | 112.49K | 0 | 131.24K | 168.74K |
| Other Non-Current Assets | 79.48K | 176.36K | 80.31K | 1.88M | 1.85M | 166.47K | 73.14K | 72.7K | 110.74K | 201.77K | 70.24K | 201.9K | 164.81K | 165.23K | 71.9K | 72.32K | 72.73K | 148.14K | 79.56K | 79.97K |
| Total Assets | 34.46M | 36.99M | 41.46M | 28.35M | 29.73M | 31.09M | 27.48M | 27.15M | 28.46M | 27.79M | 29.19M | 29.8M | 28.24M | 28.25M | 30.07M | 30.33M | 32.76M | 32.36M | 32.48M | 31.32M |
| Asset Turnover | 0.18x | 0.14x | 0.21x | 0.25x | 0.24x | 0.21x | 0.21x | 0.17x | 0.22x | 0.21x | 0.24x | 0.23x | 0.19x | 0.16x | 0.22x | 0.20x | 0.23x | 0.22x | 0.16x | 0.20x |
| Asset Growth % | 15.94% | 18.97% | 50.89% | 4.41% | 4.45% | 11.87% | -5.85% | -8.88% | 0.76% | -1.63% | -2.94% | -1.76% | -13.8% | -12.7% | -7.42% | -3.15% | 3.68% | 7.61% | -7.85% | -12.7% |
| Total Current Liabilities | 8.8M | 9.27M | 11.82M | 13.97M | 14.95M | 16.82M | 11.84M | 11.51M | 11.23M | 10.48M | 10.13M | 10.23M | 9.39M | 7.69M | 7.81M | 7.73M | 9.28M | 8.78M | 8.24M | 6.47M |
| Accounts Payable | 3.61M | 3.38M | 3.42M | 4.95M | 4.35M | 4.14M | 4.84M | 4.41M | 4.01M | 4.51M | 4.49M | 4.21M | 4.17M | 3.26M | 3.33M | 3.26M | 4.4M | 3.51M | 3.55M | 2.6M |
| Days Payables Outstanding | 84.01 | 93.06 | 76.95 | 87.5 | 94.17 | 123.65 | 135.03 | 144.64 | 107.48 | 116.76 | 95.67 | 97.41 | 101.68 | 140.79 | 81.33 | 93.95 | 81.89 | 87.05 | 105.71 | 82.41 |
| Short-Term Debt | 877.93K | 818.91K | 786.8K | 0 | 512.19K | 1.55M | 1.62M | 518.3K | 511.9K | 505.5K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 950.87K | 1.53M | 3.69M | 4.5M | 5.75M | 6.81M | 1.51M | 2.56M | 0 | 1.82M | 0 | 2.3M | 2.33M | 1.35M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 3.36M | 3.54M | 3.92M | 883.54K | 936.56K | 902.55K | 811.73K | 1.01M | 3.55M | 845.36K | 2.63M | 649.24K | 0 | 0 | 1.55M | 1.54M | 1.74M | 2.45M | 1.85M | 1.12M |
| Current Ratio | 3.02x | 3.12x | 2.71x | 1.36x | 1.38x | 1.32x | 1.53x | 1.57x | 1.76x | 1.94x | 2.13x | 2.13x | 2.38x | 2.87x | 2.99x | 3.02x | 2.76x | 2.84x | 3.00x | 3.59x |
| Quick Ratio | 1.72x | 1.94x | 1.91x | 0.67x | 0.72x | 0.74x | 0.70x | 0.69x | 0.86x | 0.93x | 1.04x | 0.95x | 1.12x | 1.50x | 1.88x | 1.96x | 1.92x | 1.96x | 2.03x | 2.54x |
| Cash Conversion Cycle | 252.25 | 280.78 | 184.03 | 176.21 | 199.05 | 243.76 | 265.17 | 339.97 | 267.91 | 299.1 | 266.77 | 288.17 | 347.29 | 463.06 | 277.53 | 254.65 | 213.56 | 255.86 | 360.96 | 282.32 |
| Total Non-Current Liabilities | 6.13M | 6.25M | 4.33M | 5.44M | 5.27M | 4.15M | 4.45M | 3.55M | 3.62M | 2.66M | 2.65M | 2.75M | 1.26M | 1.58M | 1.9M | 2.06M | 2.18M | 2.45M | 3.21M | 5.33M |
| Long-Term Debt | 1.98M | 0 | 0 | 1.07M | 1.06M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.87M |
| Capital Lease Obligations | 0 | 2M | 2.06M | 1.97M | 1.81M | 1.67M | 1.77M | 1.7M | 1.73M | 683.31K | 429.74K | 459.37K | 496.53K | 623.45K | 796.7K | 974.75K | 1.15M | 1.32M | 1.48M | 1.64M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -583.51K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 4.15M | 987.66K | 1.08M | 878.15K | 938.41K | 1.01M | 1.13M | 1.58M | 1.89M | 1.6M | 2.22M | 1.64M | 0 | 583.51K | 1.1M | 1.08M | 1.03M | 1.14M | 1.73M | 1.81M |
| Total Liabilities | 14.92M | 15.52M | 16.15M | 19.41M | 20.21M | 20.97M | 16.29M | 15.06M | 14.85M | 13.14M | 12.78M | 12.98M | 10.65M | 9.27M | 9.71M | 9.79M | 11.46M | 11.23M | 11.45M | 11.81M |
| Total Debt | 2.86M | 2.82M | 2.85M | 3.69M | 3.95M | 3.73M | 3.81M | 2.7M | 2.71M | 1.48M | 797.67K | 973.18K | 1.14M | 1.31M | 1.47M | 1.64M | 1.8M | 1.96M | 2.11M | 4.13M |
| Net Debt | -6.48M | -9.61M | -12.41M | 2.05M | -116.31K | -1.67M | 2.53M | 1.86M | 1.2M | 127.02K | 151.51K | -897.88K | -485.77K | -602.93K | -1.41M | -1.19M | -3.66M | -1.66M | -1.24M | 949.13K |
| Debt / Equity | 0.15x | 0.13x | 0.11x | 0.41x | 0.42x | 0.37x | 0.34x | 0.22x | 0.20x | 0.10x | 0.05x | 0.06x | 0.06x | 0.07x | 0.07x | 0.08x | 0.08x | 0.09x | 0.10x | 0.21x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9.58x | 7.77x | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -19.46x | -6.58x | - | - |
| Interest Coverage | -62.30x | -78.20x | -10.62x | -37.17x | -19.40x | -26.90x | -37.95x | -83.53x | -56.07x | -56.39x | -69.35x | -411.32x | -3491.36x | -112.74x | -22.75x | -58.39x | 126.00x | 4.83x | 387.92x | 82.81x |
| Total Equity | 19.54M | 21.47M | 25.32M | 8.94M | 9.51M | 10.13M | 11.19M | 12.1M | 13.61M | 14.65M | 16.41M | 16.82M | 17.59M | 18.99M | 20.36M | 20.54M | 21.31M | 21.13M | 21.03M | 19.51M |
| Equity Growth % | 105.44% | 112.06% | 126.19% | -26.08% | -30.11% | -30.89% | -31.77% | -28.1% | -22.64% | -22.83% | -19.42% | -18.11% | -17.43% | -10.13% | -3.18% | 5.27% | 11.75% | 22.36% | -1.67% | -9.55% |
| Book Value per Share | 0.65 | 0.72 | 0.96 | 0.35 | 0.38 | 0.41 | 0.45 | 0.49 | 0.55 | 0.59 | 0.66 | 0.68 | 0.71 | 0.76 | 0.82 | 0.83 | 0.85 | 0.84 | 0.84 | 0.78 |
| Total Shareholders' Equity | 19.71M | 21.65M | 25.46M | 9.1M | 9.65M | 10.23M | 11.3M | 12.19M | 13.69M | 14.75M | 16.52M | 16.93M | 17.68M | 19.09M | 20.44M | 20.63M | 21.39M | 21.21M | 21.09M | 19.57M |
| Common Stock | 29.91K | 29.85K | 29.82K | 25.57K | 24.98K | 24.95K | 24.85K | 24.85K | 24.85K | 24.85K | 24.85K | 24.85K | 24.85K | 24.85K | 24.85K | 24.85K | 24.85K | 24.85K | 24.85K | 24.85K |
| Retained Earnings | -58.01M | -55.89M | -51.89M | -49.76M | -48.3M | -47.64M | -46.45M | -45.52M | -43.98M | -42.88M | -41.03M | -40.55M | -39.77M | -38.28M | -36.86M | -36.6M | -35.74M | -35.83M | -35.9M | -37.36M |
| 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 | -712.02K | -762.29K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -171.12K | -173.03K | -145.5K | -157.38K | -138.26K | -104.81K | -111.13K | -97.28K | -76.95K | -94.3K | -112.02K | -107.51K | -88.5K | -106.56K | -81.15K | -84.21K | -85.42K | -79.94K | -66.13K | -55.67K |