Tuya Inc. (TUYA) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | 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 | Q3'20 |
|---|
| Total Current Assets | 896.62M | 913.62M | 903.02M | 875.4M | 851.29M | 849.53M | 847.8M | 839.26M | 1.01B | 1.01B | 1.02B | 1.03B | 1.05B | 1.11B | 1.19B | 1.28B | 1.34B | 1.3B | 248.03M | 251.73M |
| Cash & Short-Term Investments | 834.41M | 853.77M | 847.87M | 812.01M | 789.99M | 791.24M | 789.71M | 778.82M | 942.29M | 937.54M | 954.29M | 945.93M | 951.51M | 984.16M | 1.07B | 1.18B | 1.26B | 1.22B | 179.77M | 188.84M |
| Cash Only | 724.08M | 763.79M | 653.33M | 610.9M | 614.77M | 529.5M | 498.69M | 166.27M | 86.27M | 74.81M | 133.16M | 299.9M | 599.21M | 743.71M | 963.94M | 1.04B | 1.09B | 1.14B | 158.79M | 140.74M |
| Short-Term Investments | 110.33M | 89.98M | 194.54M | 201.11M | 175.22M | 261.74M | 291.02M | 612.54M | 856.03M | 862.72M | 821.13M | 646.03M | 352.3M | 240.45M | 102.13M | 144M | 171.11M | 80.36M | 20.98M | 48.11M |
| Accounts Receivable | 23.54M | 19.36M | 22.71M | 17.66M | 14.03M | 13.99M | 14.17M | 16.68M | 16.42M | 16.21M | 14.94M | 20.94M | 27.55M | 32.53M | 34.09M | 37.28M | 26.79M | 23.55M | 21.79M | 18.71M |
| Days Sales Outstanding | 24.36 | 25.35 | 22.63 | 17.87 | 17.4 | 20.78 | 22.03 | 24.93 | 26.04 | 29.52 | 36.45 | 49.55 | 43.71 | 54.19 | 43.79 | 34.44 | 27.05 | 35.88 | 29.57 | 19.91 |
| Inventory | 20.67M | 21.58M | 23.84M | 28.3M | 28.09M | 32.83M | 32.87M | 32.84M | 37.02M | 42.13M | 45.38M | 46.18M | 57.15M | 65.15M | 62.58M | 51.15M | 51.31M | 45.03M | 42.27M | 38.19M |
| Days Inventory Outstanding | 46.45 | 53.18 | 56.01 | 58.82 | 72.78 | 92.9 | 89.04 | 98.68 | 118.61 | 148.84 | 167.8 | 187.37 | 155.54 | 176.84 | 122.76 | 95.9 | 89.53 | 117.31 | 95.15 | 72.06 |
| Other Current Assets | 18M | 18.9M | 1.01M | 17.42M | 19.18M | 11.47M | 11.05M | 10.91M | 16.35M | 14.4M | 8.75M | 13.65M | 18.11M | 25.01M | 29.91M | 10.62M | 6.97M | 5.48M | 190K | 5.99M |
| Total Non-Current Assets | 207.52M | 204.79M | 200.76M | 240.3M | 238.36M | 227.69M | 218.6M | 209.78M | 27.25M | 31.34M | 32.77M | 43.11M | 47.29M | 55.36M | 56.88M | 30.67M | 28.36M | 19.22M | 19.29M | 12.22M |
| Property, Plant & Equipment | 14.66M | 13.8M | 11.17M | 7.83M | 8.4M | 9.41M | 10.24M | 9.16M | 9.68M | 12.23M | 13.56M | 15.23M | 19.26M | 25.86M | 28.99M | 24.18M | 25.93M | 16.53M | 16.64M | 10.89M |
| Fixed Asset Turnover | 5.63x | 5.98x | 8.64x | 10.06x | 8.23x | 6.28x | 6.64x | 6.49x | 5.20x | 3.68x | 3.15x | 2.61x | 2.77x | 2.02x | 2.82x | 3.42x | 3.99x | 3.43x | 4.58x | 5.28x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 8.77M | 8.79M | 8.82M | 0 | 876K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 183.76M | 181.88M | 180.09M | 222.83M | 220.4M | 217.32M | 207.49M | 199.73M | 16.95M | 18.03M | 18.03M | 26.56M | 26.56M | 27.71M | 26.08M | 4.72M | 869K | 913K | 920K | 440K |
| Other Non-Current Assets | 320K | 314K | 678K | 9.65M | 8.69M | 959K | 877K | 895K | 618K | 1.08M | 1.18M | 1.32M | 1.47M | 1.79M | 1.82M | 1.77M | 1.56M | 1.77M | 1.73M | 890K |
| Total Assets | 1.1B | 1.12B | 1.1B | 1.12B | 1.09B | 1.08B | 1.07B | 1.05B | 1.04B | 1.04B | 1.06B | 1.07B | 1.1B | 1.16B | 1.25B | 1.31B | 1.37B | 1.32B | 267.32M | 263.95M |
| Asset Turnover | 0.07x | 0.07x | 0.07x | 0.07x | 0.07x | 0.06x | 0.06x | 0.06x | 0.05x | 0.05x | 0.04x | 0.04x | 0.06x | 0.05x | 0.06x | 0.06x | 0.06x | 0.07x | 0.24x | 0.22x |
| Asset Growth % | 1.33% | 3.82% | 3.51% | 6.35% | 4.84% | 3.42% | 0.97% | -1.94% | -5.65% | -10.38% | -15.38% | -18.29% | -19.56% | -11.72% | 366.91% | 396.03% | - | - | -4.32% | - |
| Total Current Liabilities | 91.61M | 126.09M | 94.34M | 122.57M | 84.94M | 88.12M | 87.53M | 78.93M | 77.36M | 71.61M | 81.28M | 78.05M | 90.52M | 87.85M | 109.1M | 119.92M | 119.61M | 90.98M | 91.93M | 77.96M |
| Accounts Payable | 23.05M | 19.46M | 19.05M | 18.04M | 11.64M | 16.11M | 11.58M | 10.49M | 9.22M | 7.15M | 9.6M | 6.17M | 14.95M | 10.33M | 12.21M | 19.86M | 31.05M | 23.62M | 23.16M | 31.15M |
| Days Payables Outstanding | 46.73 | 45.08 | 39.84 | 30.96 | 33.15 | 39.15 | 29.91 | 27.85 | 24.54 | 28.49 | 28.89 | 38.29 | 32.14 | 31.2 | 34.61 | 47.65 | 50.81 | 62.87 | 64.23 | 51.01 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 4.26M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 35.6M | 34.94M | 38.87M | 37.21M | 38.8M | 38.37M | 38.58M | 34.11M | 31.93M | 33.4M | 34.45M | 34.27M | 37.8M | 40.21M | 40.34M | 37.62M | 41.53M | 32.37M | 30.55M | 0 |
| Other Current Liabilities | 0 | 0 | 6.36M | 0 | -4.26M | 0 | 19.01M | 0 | 0 | 0 | 16.53M | 0 | 0 | 0 | 5.14M | 0 | 0 | 0 | 11.08M | 23.88M |
| Current Ratio | 9.79x | 7.25x | 9.57x | 7.14x | 10.02x | 9.64x | 9.69x | 10.63x | 13.08x | 14.11x | 12.59x | 13.15x | 11.65x | 12.60x | 10.92x | 10.66x | 11.21x | 14.26x | 2.70x | 3.23x |
| Quick Ratio | 9.56x | 7.07x | 9.32x | 6.91x | 9.69x | 9.27x | 9.31x | 10.22x | 12.61x | 13.52x | 12.03x | 12.56x | 11.02x | 11.86x | 10.35x | 10.24x | 10.78x | 13.76x | 2.24x | 2.74x |
| Cash Conversion Cycle | 24.08 | 33.44 | 38.8 | 45.73 | 57.02 | 74.52 | 81.16 | 95.76 | 120.11 | 149.87 | 175.35 | 198.63 | 167.11 | 199.83 | 131.94 | 82.68 | 65.77 | 90.32 | 60.49 | 40.97 |
| Total Non-Current Liabilities | 2.12M | 2.29M | 2M | 3.38M | 4.84M | 6.71M | 8.3M | 8.64M | 9.76M | 11.33M | 12.69M | 14.24M | 17.56M | 22.3M | 25.39M | 21.11M | 22.62M | 5.93M | 6.39M | 3.37M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 1.69M | 1.83M | 851K | 1.25M | 2.12M | 3.16M | 3.9M | 3.5M | 3.91M | 4.74M | 5.29M | 6.21M | 8.41M | 13.79M | 16.05M | 11.03M | 11.84M | 5.03M | 5.69M | 2.86M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 767K | 1.53M | 2.3M | 3.11M | 3.89M | 4.67M | 5.45M | 6.23M | 7M | 7.78M | 8.56M | 7.83M | 8.48M | 9.14M | 9.79M | 0 | 0 | 506K |
| Total Liabilities | 93.74M | 128.39M | 96.33M | 125.95M | 89.78M | 94.83M | 95.83M | 87.58M | 87.12M | 82.94M | 93.97M | 92.29M | 108.08M | 110.15M | 134.49M | 141.03M | 142.23M | 96.91M | 98.32M | 81.32M |
| Total Debt | 4.21M | 5.24M | 4.65M | 4.97M | 10.25M | 7.06M | 7.79M | 6.57M | 7.15M | 8.61M | 9.14M | 10.38M | 13.33M | 19.4M | 21.75M | 16.13M | 18.47M | 11.44M | 12.01M | 7.44M |
| Net Debt | -719.87M | -758.55M | -648.68M | -605.93M | -604.52M | -522.44M | -490.9M | -159.71M | -79.11M | -66.2M | -124.02M | -289.52M | -585.88M | -724.31M | -942.19M | -1.02B | -1.07B | -1.13B | -146.78M | -133.29M |
| Debt / Equity | 0.00x | 0.01x | 0.00x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.02x | 0.02x | 0.01x | 0.02x | 0.01x | 0.07x | 0.04x |
| Debt / EBITDA | 0.32x | 0.45x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -54.44x | -64.54x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 1.01B | 990.02M | 1.01B | 989.75M | 999.87M | 982.39M | 970.57M | 961.46M | 952.22M | 958.67M | 962.17M | 977.51M | 993.54M | 1.05B | 1.11B | 1.17B | 1.23B | 1.22B | 169M | 182.63M |
| Equity Growth % | 1.05% | 0.78% | 3.8% | 2.94% | 5% | 2.47% | 0.87% | -1.64% | -4.16% | -8.88% | -13.6% | -16.33% | -19.05% | -13.74% | 558.97% | 539.69% | - | - | -24.41% | - |
| Book Value per Share | 1.66 | 1.63 | 1.71 | 1.74 | 1.69 | 1.76 | 1.74 | 1.73 | 1.72 | 1.73 | 1.74 | 1.77 | 1.78 | 1.89 | 1.98 | 2.08 | 2.19 | 2.17 | 0.30 | 0.33 |
| Total Shareholders' Equity | 1.01B | 990.02M | 1.01B | 989.75M | 999.87M | 982.39M | 970.57M | 961.46M | 952.22M | 958.67M | 962.17M | 977.51M | 993.54M | 1.05B | 1.11B | 1.17B | 1.23B | 1.22B | 169M | 182.63M |
| Common Stock | 31K | 31K | 29K | 29K | 29K | 29K | 29K | 29K | 29K | 29K | 29K | 29K | 29K | 29K | 29K | 28K | 28K | 28K | 25K | 11K |
| Retained Earnings | -546.26M | -558.83M | -569.85M | -579.64M | -575.26M | -578.39M | -574.85M | -564.03M | -559.13M | -535.58M | -514.07M | -491.34M | -458.72M | -422.85M | -367.9M | -319.05M | -271.14M | -233.01M | -192.47M | -174.09M |
| Treasury Stock | 0 | -1.05M | -15.73M | -29.39M | -43.63M | -45.32M | -53.63M | -62.49M | -68.51M | -71.8M | -86.44M | -89.85M | -94.87M | -66.23M | -46.93M | -28.57M | 0 | 0 | 0 | 0 |
| Accumulated OCI | -19.23M | -19.54M | -19.72M | -15.42M | -18.32M | -17.58M | -17.09M | -21.03M | -20.37M | -20.49M | -22.11M | -15.86M | -6.88M | 2.97M | 2.32M | 752K | 850K | 110K | 481K | -1.22M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |