Trio-Tech International (TRT) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'26 | Q2'26 | 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 |
|---|
| Total Current Assets | 33.27M | 34.68M | 37.64M | 31.58M | 30.93M | 30.65M | 32.48M | 32.18M | 32.27M | 35.08M | 32.35M | 28.83M | 29.73M | 30.03M | 29.89M | 29.2M | 27.37M | 27.85M | 24.94M | 23.96M |
| Cash & Short-Term Investments | 16.35M | 17.28M | 18.18M | 16.71M | 17.59M | 16.55M | 15.46M | 16.53M | 17.02M | 16.76M | 14.28M | 14.21M | 14.13M | 11.37M | 12.26M | 13.12M | 12.43M | 12.52M | 11.1M | 12.49M |
| Cash Only | 13.79M | 13.22M | 13.08M | 10.89M | 11.02M | 10.32M | 8.95M | 10.04M | 10.72M | 10.97M | 8.33M | 7.58M | 8.43M | 6.38M | 9.43M | 7.7M | 7.48M | 7.53M | 5.17M | 5.84M |
| Short-Term Investments | 2.56M | 4.06M | 5.1M | 5.82M | 6.57M | 6.22M | 6.51M | 6.5M | 6.31M | 5.79M | 5.95M | 6.63M | 5.7M | 5M | 2.83M | 5.42M | 4.95M | 5M | 5.92M | 6.65M |
| Accounts Receivable | 13.9M | 14.17M | 16.57M | 11.41M | 9.85M | 10.84M | 12.75M | 11.2M | 11.17M | 13.42M | 12.65M | 10.76M | 11.78M | 14.08M | 13.45M | 12.61M | 11.94M | 12.25M | 10.12M | 8.97M |
| Days Sales Outstanding | 76.5 | 90.35 | 82.95 | 90.66 | 126.1 | 125.91 | 112.43 | 104.45 | 107.62 | 98.31 | 108.07 | 112.97 | 118.26 | 102.22 | 100.42 | 94.38 | 97.7 | 94.18 | 86.33 | 81.38 |
| Inventory | 2.47M | 2.83M | 2.4M | 2.26M | 2.24M | 1.96M | 2.87M | 3.16M | 2.74M | 3.55M | 4.02M | 2.15M | 2.32M | 3.22M | 3.55M | 2.26M | 2.27M | 2.57M | 2.41M | 2.08M |
| Days Inventory Outstanding | 17.11 | 18.33 | 16.6 | 25.47 | 34.92 | 34.7 | 37.12 | 38.04 | 37.18 | 37.25 | 38.14 | 29.99 | 33.78 | 34.38 | 32.11 | 23.84 | 25.16 | 28.53 | 29.54 | 30.06 |
| Other Current Assets | 555K | 389K | 494K | 1.2M | 1.25M | 1.3M | 1.46M | 536K | 1.33M | 1.35M | 1.4M | 1.71M | 1.49M | 747K | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 11.44M | 11.05M | 9.74M | 9.49M | 9.03M | 9.15M | 10.46M | 10.36M | 10.82M | 11.52M | 12.35M | 13.36M | 15.65M | 16.16M | 13.92M | 14.22M | 14.43M | 14.7M | 15.17M | 14.35M |
| Property, Plant & Equipment | 8.86M | 8.43M | 7.15M | 6.88M | 6.64M | 6.79M | 7.9M | 7.82M | 8.36M | 8.96M | 9.85M | 10.95M | 13.05M | 13.65M | 11.45M | 11.63M | 11.71M | 11.97M | 12.37M | 11.78M |
| Fixed Asset Turnover | 1.91x | 2.01x | 2.21x | 1.58x | 1.10x | 1.17x | 1.25x | 1.20x | 1.20x | 1.30x | 0.96x | 0.76x | 0.74x | 0.99x | 1.03x | 1.01x | 0.94x | 0.90x | 0.84x | 0.79x |
| 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 | 2.24M | 2.26M | 2.25M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 244K | 272K | 236K | 2.51M | 2.3M | 2.29M | 2.43M | 2.41M | 2.34M | 2.41M | 2.34M | 2.31M | 2.51M | 2.42M | 2.3M | 2.42M | 2.53M | 2.56M | 2.57M | 2.35M |
| Total Assets | 44.72M | 45.73M | 47.38M | 41.07M | 39.96M | 39.8M | 42.94M | 42.54M | 43.09M | 46.6M | 44.7M | 42.19M | 45.37M | 46.2M | 43.8M | 43.42M | 41.8M | 42.55M | 40.11M | 38.31M |
| Asset Turnover | 0.37x | 0.34x | 0.35x | 0.26x | 0.19x | 0.21x | 0.23x | 0.23x | 0.23x | 0.27x | 0.23x | 0.21x | 0.21x | 0.28x | 0.27x | 0.28x | 0.26x | 0.26x | 0.26x | 0.24x |
| Asset Growth % | 11.9% | 14.9% | 10.34% | -3.46% | -7.26% | -14.59% | -3.94% | 0.84% | -5.04% | 0.87% | 2.04% | -2.84% | 8.54% | 8.56% | 9.21% | 13.35% | 6.84% | 10.92% | 11.95% | 7.42% |
| Total Current Liabilities | 9.86M | 11.7M | 11.95M | 6.28M | 6.32M | 6.75M | 8.14M | 9.42M | 9.8M | 12.88M | 12.46M | 9.33M | 10.88M | 12.09M | 12.82M | 11.93M | 9.65M | 10.99M | 9.29M | 8.76M |
| Accounts Payable | 5.7M | 5.53M | 7.82M | 1.9M | 1.96M | 1.8M | 2.38M | 3.17M | 2.41M | 2.35M | 2.56M | 1.66M | 1.83M | 3.07M | 3.47M | 2.4M | 2.22M | 3.96M | 3.22M | 3.7M |
| Days Payables Outstanding | 36.19 | 46.69 | 34.57 | 21.8 | 31.3 | 30.03 | 34.14 | 35.96 | 28.09 | 24.12 | 26.05 | 23.42 | 29.87 | 33.2 | 32.47 | 24.32 | 32.1 | 41.15 | 45.57 | 43.02 |
| Short-Term Debt | 1.03M | 1.3M | 257K | 397K | 255K | 258K | 289K | 261K | 308K | 759K | 720K | 475K | 620K | 511K | 973K | 1.4M | 1.02M | 922K | 687K | 511K |
| Deferred Revenue (Current) | 92K | 128K | 255K | 250K | 673K | 721K | 0 | 754K | 1.5M | 3.81M | 2.23M | 1.27M | 1.5M | 1.28M | 1.28M | 988K | 1.23M | 1.28M | 717K | 740K |
| Other Current Liabilities | 1.35M | 3.23M | 1.44M | 555K | 352K | 380K | 4.09M | 1.66M | 373K | 373K | 373K | 380K | 298K | 298K | 298K | 308K | 309K | 308K | 308K | 290K |
| Current Ratio | 3.38x | 2.96x | 3.15x | 5.03x | 4.89x | 4.54x | 3.99x | 3.42x | 3.29x | 2.72x | 2.60x | 3.09x | 2.73x | 2.48x | 2.33x | 2.45x | 2.84x | 2.54x | 2.68x | 2.74x |
| Quick Ratio | 3.13x | 2.72x | 2.95x | 4.67x | 4.54x | 4.25x | 3.64x | 3.08x | 3.01x | 2.45x | 2.27x | 2.86x | 2.52x | 2.22x | 2.05x | 2.26x | 2.60x | 2.30x | 2.43x | 2.50x |
| Cash Conversion Cycle | 57.42 | 61.98 | 64.98 | 94.32 | 129.72 | 130.58 | 115.41 | 106.54 | 116.71 | 111.44 | 120.17 | 119.54 | 122.16 | 103.4 | 100.07 | 93.9 | 90.76 | 81.56 | 70.31 | 68.43 |
| Total Non-Current Liabilities | 2.4M | 2.29M | 1.28M | 793K | 911K | 820K | 1.36M | 1.54M | 1.84M | 2.19M | 2.58M | 3.29M | 4.02M | 4.14M | 3.16M | 3.49M | 3.78M | 3.75M | 4.12M | 3.49M |
| Long-Term Debt | 255K | 2.24M | 365K | 428K | 474K | 524K | 634K | 613K | 676K | 762K | 809K | 877K | 1.05M | 1.19M | 1.25M | 1.27M | 1.47M | 1.39M | 1.49M | 1.62M |
| Capital Lease Obligations | 2.1M | 1.93M | 874K | 324K | 407K | 266K | 555K | 759K | 992K | 1.25M | 1.4M | 1.55M | 1.74M | 1.51M | 1.72M | 2.05M | 2M | 2.04M | 2.24M | 1.46M |
| Deferred Tax Liabilities | 6K | 14K | 9K | 10K | 0 | 0 | 0 | 0 | 3K | 7K | 7K | 10K | 17K | 15K | 30K | 0 | 0 | 15K | 30K | 0 |
| Other Non-Current Liabilities | 31K | -1.9M | 32K | 31K | 30K | 30K | 172K | 168K | 168K | 171K | 369K | 849K | 1.21M | 1.43M | 163K | 165K | 312K | 310K | 355K | 416K |
| Total Liabilities | 12.25M | 13.99M | 13.23M | 7.08M | 7.23M | 7.57M | 9.5M | 10.96M | 11.63M | 15.07M | 15.04M | 12.62M | 14.9M | 16.22M | 15.99M | 15.42M | 13.43M | 14.73M | 13.41M | 12.25M |
| Total Debt | 3.39M | 5.48M | 2.06M | 1.73M | 1.88M | 2.03M | 2.62M | 2.85M | 3.33M | 3.98M | 4.21M | 4.11M | 4.88M | 4.45M | 5.18M | 6.06M | 5.38M | 5.35M | 5.47M | 4.46M |
| Net Debt | -10.4M | -7.74M | -11.02M | -9.16M | -9.14M | -8.29M | -6.33M | -7.18M | -7.39M | -6.99M | -4.12M | -3.47M | -3.55M | -1.93M | -4.25M | -1.64M | -2.1M | -2.17M | 296K | -1.38M |
| Debt / Equity | 0.10x | 0.17x | 0.06x | 0.05x | 0.06x | 0.06x | 0.08x | 0.09x | 0.11x | 0.13x | 0.14x | 0.14x | 0.16x | 0.15x | 0.19x | 0.22x | 0.19x | 0.19x | 0.20x | 0.17x |
| Debt / EBITDA | 6.08x | 10.19x | 3.56x | 1.55x | 5.73x | 2.87x | 3.11x | 2.91x | 4.05x | 2.00x | 2.87x | 2.73x | 3.34x | 1.91x | 2.66x | 3.63x | 8.52x | 3.69x | 3.26x | 3.73x |
| Net Debt / EBITDA | -18.68x | -14.39x | -19.07x | -8.21x | -27.87x | -11.71x | -7.50x | -7.33x | -9.00x | -3.51x | -2.80x | -2.31x | -2.43x | -0.83x | -2.18x | -0.98x | -3.33x | -1.50x | 0.18x | -1.15x |
| Interest Coverage | -7.36x | 4.41x | 29.38x | 17.89x | -46.50x | 52.92x | -12.77x | 23.71x | 19.00x | 27.23x | 11.17x | 5.86x | 2.97x | 82.60x | 28.32x | 28.89x | -0.10x | 37.04x | 40.39x | -32.37x |
| Total Equity | 32.46M | 31.74M | 34.14M | 33.99M | 32.73M | 32.23M | 33.44M | 31.58M | 31.45M | 31.53M | 29.66M | 29.57M | 30.48M | 29.97M | 27.82M | 28M | 28.38M | 27.82M | 26.7M | 26.05M |
| Equity Growth % | -0.81% | -1.53% | 2.11% | 7.64% | 4.06% | 2.22% | 12.76% | 6.79% | 3.2% | 5.19% | 6.6% | 5.6% | 7.4% | 7.74% | 4.17% | 7.48% | 5.41% | 4.79% | 4.57% | 3.61% |
| Book Value per Share | 3.33 | 3.64 | 3.91 | 3.91 | 3.74 | 3.66 | 3.86 | 3.61 | 3.67 | 3.70 | 3.46 | 3.56 | 3.74 | 3.60 | 3.35 | 3.27 | 3.36 | 3.28 | 3.33 | 3.34 |
| Total Shareholders' Equity | 34.33M | 33.51M | 34.06M | 34.03M | 32.32M | 31.84M | 33.05M | 31.33M | 31.24M | 31.44M | 29.49M | 29.41M | 30.22M | 29.63M | 27.61M | 27.87M | 28.12M | 27.51M | 26.28M | 25.63M |
| Common Stock | 14.38M | 13.77M | 13.49M | 13.49M | 13.49M | 13.32M | 13.32M | 13.32M | 13.19M | 13.02M | 12.82M | 12.82M | 12.77M | 12.77M | 12.77M | 12.75M | 12.61M | 12.18M | 12.18M | 12.18M |
| Retained Earnings | 11.03M | 11.07M | 12.11M | 12.04M | 11.59M | 12.08M | 11.58M | 11.81M | 11.57M | 11.5M | 10.99M | 10.76M | 10.6M | 10.61M | 10.1M | 9.22M | 8.43M | 8.6M | 7.74M | 6.82M |
| Treasury Stock | -12K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 2.56M | 2.58M | 2.42M | 2.52M | 1.29M | 778K | 2.55M | 660K | 984K | 1.76M | 554K | 758K | 1.81M | 1.49M | 1K | 1.2M | 2.39M | 2.37M | 2.12M | 2.4M |
| Minority Interest | -1.86M | -1.78M | 88K | -37K | 412K | 386K | 388K | 249K | 210K | 91K | 163K | 165K | 255K | 340K | 207K | 128K | 257K | 306K | 423K | 419K |