TruGolf Holdings, Inc. (TRUG) 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 |
|---|
| Total Current Assets | 14.38M | 15.48M | 19.16M | 20.99M | 18.24M | 14.79M | 14.42M | 11.74M | 12.15M | 12.66M | 13.6M | 14.28M | 12.98M | 13.69M | 129.12M | 128.58M | 128.64M | 977.2K | 326.37K |
| Cash & Short-Term Investments | 8.84M | 10.47M | 11.44M | 13.71M | 10.52M | 10.88M | 7.45M | 6.65M | 7.83M | 5.78M | 7.83M | 8.17M | 8.43M | 9.66M | 128.94M | 128.58M | 128.64M | 977.2K | 326.37K |
| Cash Only | 8.84M | 10.47M | 11.44M | 8.06M | 10.52M | 10.88M | 7.45M | 6.65M | 7.83M | 3.3M | 5.47M | 5.79M | 6M | 9.66M | 514.67K | 707.98K | 877.1K | 977.2K | 326.37K |
| Short-Term Investments | 0 | 0 | 0 | 5.65M | 0 | 0 | 0 | 0 | 0 | 2.48M | 2.36M | 2.38M | 2.43M | 0 | 128.43M | 127.88M | 127.76M | 0 | 0 |
| Accounts Receivable | 1.31M | 1.06M | 2.25M | 2.19M | 1.58M | 1.4M | 4.54M | 2.63M | 1.93M | 2.23M | 2.11M | 2.67M | 1.14M | 1.74M | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | 21.29 | 29.99 | 49.66 | 39.74 | 24.87 | 40.57 | 52.9 | 53.58 | 37.78 | 29.4 | 64.07 | 32.82 | 25.49 | 24.45 | - | - | - | - | - |
| Inventory | 1.36M | 863.26K | 2.68M | 2.7M | 3.85M | 2.35M | 2.32M | 2.34M | 2.34M | 2.12M | 3.41M | 3.32M | 3.24M | 2.12M | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 42.82 | 40.95 | 196.41 | 124.26 | 161.69 | 102.95 | 111.41 | 139.53 | 103.47 | 71.53 | 201.82 | 160.85 | 211.45 | 72.03 | - | - | - | - | - |
| Other Current Assets | 2.87M | 3.09M | 2.8M | 2.39M | 2.29M | 162.36K | 0 | 0 | 0 | 2.27M | 25K | 25K | 94.29K | 17.84K | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 5.22M | 4.7M | 3.83M | 3.37M | 2.48M | 2.35M | 2.62M | 2.33M | 3.33M | 3.11M | 3.29M | 3.32M | 2.73M | 898.41K | 0 | 239.08K | 315.31K | 128.14M | 75K |
| Property, Plant & Equipment | 962.17K | 1.04M | 610.6K | 666.39K | 738.63K | 778.12K | 883.65K | 955.38K | 1.06M | 1.21M | 1.26M | 1.34M | 858.79K | 898.41K | 0 | 0 | 0 | 0 | 0 |
| Fixed Asset Turnover | 5.02x | 6.15x | 6.43x | 6.14x | 7.11x | 8.11x | 6.78x | 3.85x | 4.43x | 5.50x | 2.64x | 4.80x | 5.79x | 7.31x | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 4.23M | 3.63M | 0 | 2.67M | 1.71M | 1.54M | 1.74M | 1.35M | 363.88K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 127.77M | 0 |
| Other Non-Current Assets | 31.02K | 31.02K | 3.21M | 31.02K | 31.02K | 31.02K | 74 | 31.06K | 1.91M | 1.91M | 2.03M | 1.99M | 1.88M | 0 | 0 | 239.08K | 315.31K | 376.53K | 75K |
| Total Assets | 19.6M | 20.18M | 22.98M | 24.36M | 20.72M | 17.14M | 17.04M | 14.07M | 15.48M | 15.77M | 16.89M | 17.6M | 15.72M | 14.59M | 129.12M | 128.82M | 128.95M | 129.12M | 401.37K |
| Asset Turnover | 0.25x | 0.24x | 0.17x | 0.19x | 0.28x | 0.39x | 0.40x | 0.26x | 0.32x | 0.42x | 0.20x | 0.32x | 0.34x | 0.09x | 0.02x | 0.03x | 0.05x | - | - |
| Asset Growth % | -5.39% | 17.73% | 34.89% | 73.14% | 33.84% | 8.7% | 0.88% | -20.08% | -1.51% | 8.11% | -86.92% | -86.34% | -87.81% | -88.7% | 32070.51% | - | - | - | - |
| Total Current Liabilities | 15.66M | 14.4M | 15M | 18.17M | 18.21M | 15.78M | 16.15M | 11.8M | 9.69M | 10.67M | 10.62M | 9.33M | 9.44M | 7.41M | 1.03M | 561.2K | 536.71K | 521K | 39 |
| Accounts Payable | 3.19M | 2.77M | 2.81M | 3.21M | 2.56M | 2.82M | 2.29M | 3.21M | 3.21M | 2.06M | 2.3M | 1.86M | 1.99M | 1.46M | 0 | 0 | 0 | 0 | 0 |
| Days Payables Outstanding | 114.64 | 64.57 | 220.13 | 109.5 | 140.33 | 112.52 | 131.44 | 191.63 | 122.3 | 56.39 | 124.64 | 94.26 | 136.09 | 49.69 | - | - | - | - | - |
| Short-Term Debt | 5.31M | 4.4M | 5.63M | 7.22M | 3.75M | 3.75M | 5.17M | 2.7M | 2.7M | 4.98M | 4.4M | 4.24M | 4.11M | 2.17M | 500K | 500K | 500K | 500K | 0 |
| Deferred Revenue (Current) | 6.61M | 5.56M | 6.19M | 5.01M | 4.14M | 3.11M | 5.18M | 0 | 1.79M | 0 | 0 | 0 | 0 | 2.71M | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 434.54K | 1.62M | 373.81K | 140K | 140K | 140K | 741.74K | 4.07M | 739.55K | 2.46M | 2.64M | 2.22M | 2.12M | 240.32K | 526.51K | 61.2K | 36.71K | 21K | 39 |
| Current Ratio | 0.92x | 1.07x | 1.28x | 1.16x | 1.00x | 0.94x | 0.89x | 0.99x | 1.25x | 1.19x | 1.28x | 1.53x | 1.38x | 1.85x | 125.79x | 229.12x | 239.68x | 1.88x | 8368.49x |
| Quick Ratio | 0.83x | 1.01x | 1.10x | 1.01x | 0.79x | 0.79x | 0.75x | 0.80x | 1.01x | 0.99x | 0.96x | 1.18x | 1.03x | 1.56x | 125.79x | 229.12x | 239.68x | 1.88x | 8368.49x |
| Cash Conversion Cycle | -50.53 | 6.37 | 25.95 | 54.5 | 46.23 | 31 | 32.87 | 1.48 | 18.94 | 44.53 | 141.26 | 99.42 | 100.85 | 46.79 | - | - | - | - | - |
| Total Non-Current Liabilities | 1.43M | 1.48M | 1.73M | 1.88M | 7.08M | 6.01M | 11.11M | 12.77M | 14.86M | 9.02M | 13.29M | 12.6M | 10.56M | 10.61M | 4.43M | 4.43M | 4.43M | 4.43M | 506K |
| Long-Term Debt | 164.66K | 1.29M | 222.27K | 628.23K | 5.8M | 4.7M | 5.12M | 11.71M | 14.2M | 3.26M | 3.91M | 3.12M | 1.4M | 1.44M | 0 | 0 | 0 | 0 | 500K |
| Capital Lease Obligations | 0 | 191.94K | 0 | 250K | 278.07K | 305.13K | 380.39K | 478.54K | 574.36K | 668.23K | 756.04K | 840.14K | 450.28K | 510.18K | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.27M | 0 | 1.51M | 1M | 1M | 1M | 5.61M | 589.62K | 81.56K | 5.09M | 8.62M | 8.64M | 8.7M | 8.66M | 4.43M | 4.43M | 4.43M | 4.43M | 6K |
| Total Liabilities | 17.09M | 15.88M | 16.73M | 20.04M | 25.28M | 21.78M | 27.27M | 24.58M | 24.55M | 19.69M | 23.9M | 21.92M | 19.99M | 18.02M | 5.45M | 4.99M | 4.96M | 4.95M | 506.04K |
| Total Debt | 5.48M | 5.9M | 5.85M | 8.32M | 10.12M | 9.12M | 11.04M | 15.25M | 17.83M | 9.25M | 9.39M | 8.51M | 6.18M | 4.34M | 500K | 500K | 500K | 500K | 500K |
| Net Debt | -3.36M | -4.57M | -5.59M | 264.21K | -394.54K | -1.76M | 3.59M | 8.6M | 10M | 5.95M | 3.91M | 2.72M | 176.51K | -5.32M | -14.67K | -207.98K | -377.1K | -477.2K | 173.63K |
| Debt / Equity | 2.18x | 1.37x | 0.93x | 1.93x | - | - | - | - | - | - | - | - | - | - | 0.00x | 0.00x | 0.00x | 0.00x | - |
| Debt / EBITDA | - | - | - | - | - | - | 9.90x | - | - | - | - | 17.38x | - | 14.57x | - | - | 0.27x | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | 3.22x | - | - | - | - | 5.56x | - | -17.87x | - | - | -0.20x | - | - |
| Interest Coverage | -5.99x | -12.90x | -66.20x | -1.19x | -0.79x | -0.23x | 0.94x | -0.91x | -2.38x | - | -6.43x | 1.00x | -10.43x | - | -5.44x | -1.61x | 9.39x | - | - |
| Total Equity | 2.51M | 4.3M | 6.26M | 4.31M | -4.57M | -4.64M | -10.23M | -10.51M | -9.07M | -3.92M | -7.01M | -4.32M | -4.28M | -3.43M | 123.67M | 123.83M | 123.99M | 124.17M | -104.67K |
| Equity Growth % | 154.94% | 192.67% | 161.18% | 141.05% | 49.68% | -18.46% | -45.81% | -143.15% | -112.14% | -14.19% | -105.67% | -103.49% | -103.45% | -102.76% | 118253.67% | - | - | - | - |
| Book Value per Share | 4.76 | 14.51 | 19.54 | 13.47 | -13.27 | -13.49 | -29.72 | -30.54 | -15.13 | -4.66 | -9.43 | -5.81 | -6.46 | -5.19 | 150.51 | 150.71 | 150.90 | 151.12 | -0.13 |
| Total Shareholders' Equity | 2.51M | 4.3M | 6.26M | 4.31M | -4.57M | -4.64M | -10.23M | -10.51M | -9.07M | -3.92M | -7.01M | -4.32M | -4.28M | -3.43M | 123.67M | 123.83M | 123.99M | 124.17M | -104.67K |
| Common Stock | 65 | 45 | 209 | 100 | 3.09K | 2.78K | 1.19K | 1.33K | 1.33K | 120 | 109 | 109 | 109 | 100 | 128.23M | 127.77M | 127.77M | 127.77M | 316 |
| Retained Earnings | -44.49M | -41.08M | -36.82M | -27.15M | -23.83M | -21.16M | -15.29M | -15.23M | -13.66M | -12.36M | -10.09M | -7.43M | -7.43M | -2.08M | -4.56M | -3.93M | -3.78M | -3.59M | -154.67K |
| Treasury Stock | 0 | -2.04M | 0 | -2.04M | -2.04M | 0 | -2.04M | -2.04M | -2.04M | -2.04M | -2.04M | -2.04M | -2.04M | -2.04M | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.66K | -64.12K | -33.26K | 11.91K | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |