The company's financial foundation is critically compromised, with a current ratio of 0.05 and a massive equity deficit of -$45.2B as of 2025Q4.
| Total Current Assets | 3.61M | 10.64M | 15.81M | 40.95M | 33.34M | 59.48M | 5.25M | 4M | 3.95M | 4.3M | 1.45M |
| Cash & Short-Term Investments | 305.14K | 10.64M | 819.05K | 1.11M | 11.75M | 34.59M | 184.47K | 448.7K | 1.18M | 1.66M | 17.46K |
| Cash Only | 305.14K | 10.64M | 819.05K | 1.11M | 11.75M | 34.59M | 184.47K | 448.7K | 1.18M | 1.66M | 17.46K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 2.91M | 0 | 12.5M | 37.06M | 18.14M | 13.13M | 976.73K | 1.61M | 623.55K | 656.09K | 510.74K |
| Days Sales Outstanding | 73.18 | - | 114.05 | 189.09 | 99.85 | 77.13 | 13.8 | 24.36 | 11.35 | 19.47 | 26.51 |
| Inventory | 0 | 0 | 222.58K | 228.86K | 320.37K | 514.76K | 537.1K | 676.17K | 1.21M | 1.12M | 806.18K |
| Days Inventory Outstanding | - | - | 2.19 | 1.36 | 2.24 | 3.97 | 9.74 | 14.05 | 31.9 | 44.41 | 52.34 |
| Other Current Assets | 396.82K | 0 | 23.28K | 42.76K | 38.77K | 7.8K | 3.18M | 1.07M | 776.48K | 863.94K | 81.1K |
| Total Non-Current Assets | 259.38M | 321.3M | 3.69M | 23.43M | 26.96M | 14.68M | 2.92M | 3.41M | 1.8M | 669.52K | 128.58K |
| Property, Plant & Equipment | 293K | 321.3M | 2.46M | 3.46M | 3.93M | 897.2K | 215.3K | 377.85K | 357.11K | 224.82K | 118.94K |
| Fixed Asset Turnover | 0.10x | 0.05x | 16.29x | 20.67x | 16.89x | 69.23x | 120.01x | 64.02x | 56.15x | 54.70x | 59.13x |
| Goodwill | 122.78M | 0 | 1.08M | 15.57M | 15.02M | 7.99M | 902.07K | 902.07K | 0 | 0 | 0 |
| Intangible Assets | 136.31M | 0 | 148.78K | 4.39M | 5.45M | 1.58M | 3.03K | 3.03K | 84.03K | 31.05K | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 2.56M | 4.21M | 1.71M | 2.02M | 1.26M | 400K | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 84.51K | 106.18K | 96.67K | 44.69K | 9.64K |
| Total Assets | 263M | 331.95M | 19.49M | 64.38M | 60.29M | 74.16M | 8.16M | 7.41M | 5.74M | 4.97M | 1.58M |
| Asset Turnover | 0.05x | 0.05x | 2.05x | 1.11x | 1.10x | 0.84x | 3.17x | 3.27x | 3.49x | 2.48x | 4.45x |
| Asset Growth % | 2962.29% | 1602.84% | -69.72% | 6.77% | -18.69% | 808.7% | 10.16% | 28.95% | 15.67% | 214.33% | - |
| Total Current Liabilities | 65.78M | 45.38B | 42.3M | 42.11M | 26.93M | 25.01M | 14.55M | 12.32M | 9.57M | 6.03M | 2.9M |
| Accounts Payable | 10.06M | 18.2M | 14.72M | 25.41M | 9.87M | 6.07M | 654K | 3.75M | 1.63M | 1.34M | 888.89K |
| Days Payables Outstanding | 575.49 | 378.06 | 144.71 | 151.43 | 69.16 | 46.76 | 11.86 | 78.01 | 42.85 | 52.86 | 57.71 |
| Short-Term Debt | 399.49K | 3.76B | 6.52M | 3.2M | 3.83M | 0 | 7.13M | 2.94M | 3.48M | 188K | 928.79K |
| Deferred Revenue (Current) | 2.7B | 2.7B | 14.09M | 8.67M | 4.61M | 13.35M | 4.88M | 2.92M | 3.3M | 0 | 0 |
| Other Current Liabilities | 55.31M | 38.91B | 6.14M | 49.83K | 3.06M | 1.59M | 0 | 2.08M | 653.18K | 4.12M | 981.62K |
| Current Ratio | 0.05x | 0.00x | 0.37x | 0.97x | 1.24x | 2.38x | 0.36x | 0.32x | 0.41x | 0.71x | 0.50x |
| Quick Ratio | 0.05x | 0.00x | 0.37x | 0.97x | 1.23x | 2.36x | 0.32x | 0.27x | 0.29x | 0.53x | 0.22x |
| Cash Conversion Cycle | -502.31 | - | -28.46 | 39.03 | 32.93 | 34.34 | 11.68 | -39.6 | 0.4 | 11.03 | 21.14 |
| Total Non-Current Liabilities | 115.08K | 115.08M | 1.84M | 2.2M | 2.04M | 982.63K | 1.02M | 98.84K | 0 | 300K | 8K |
| Long-Term Debt | 115.08K | 115.08M | 795.53K | 0 | 0 | 0 | 1.02M | 0 | 0 | 300K | 8K |
| Capital Lease Obligations | 0 | 0 | 1.03M | 1.38M | 2.04M | 542K | 0 | 98.84K | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 14.61K | 817.42K | 0 | 440.63K | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 440.63K | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 65.89M | 45.5B | 44.14M | 44.31M | 28.97M | 25.99M | 15.57M | 12.42M | 9.57M | 6.33M | 2.9M |
| Total Debt | 514.57K | 8.34M | 8.34M | 5.29M | 6.48M | 694.46K | 8.24M | 3.16M | 3.48M | 488K | 936.79K |
| Net Debt | 209.44K | -2.3M | 7.52M | 4.18M | -5.28M | -33.9M | 8.05M | 2.71M | 2.3M | -1.17M | 919.33K |
| Debt / Equity | 0.00x | - | - | 0.26x | 0.21x | 0.01x | - | - | - | - | - |
| Debt / EBITDA | -0.05x | - | - | - | - | 2.39x | - | - | - | - | - |
| Net Debt / EBITDA | -0.02x | - | - | - | - | -116.67x | - | - | - | - | - |
| Interest Coverage | -8.51x | -8.00x | -34.64x | -68.55x | -284.82x | 0.10x | -2.39x | -3.10x | -31.48x | - | - |
| Total Equity | 197.11M | -45.17B | -24.64M | 20.07M | 31.32M | 48.17M | -7.41M | -5.01M | -3.83M | -1.36M | -1.32M |
| Equity Growth % | -184799.37% | -183181.55% | -222.78% | -35.92% | -34.97% | 750.37% | -47.88% | -30.88% | -181.15% | -2.76% | - |
| Book Value per Share | 239.73 | -85496.50 | -44.24 | 44.54 | 73.80 | 120.17 | -38.85 | -28.54 | -20.35 | -7.60 | -7.39 |
| Total Shareholders' Equity | 130.31M | -45.17B | -24.64M | 20.07M | 31.32M | 48.17M | -7.41M | -5.01M | -3.83M | -1.36M | -1.32M |
| Common Stock | 1.32K | 711K | 14.07K | 13.52K | 12.29K | 11.59K | 4.72K | 28.21K | 25.23K | 25.04K | 742.31K |
| Retained Earnings | -128.09M | -124.87B | -102.77M | -56.8M | -40.83M | -22.84M | -21.96M | -16.89M | -8.54M | -4.64M | -2.07M |
| Treasury Stock | -12.05M | -12.05M | -12.05M | -12.05M | -12.05M | -7.68M | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 742.31K |
| Minority Interest | 66.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Insolvency and liquidity depletion
As reported in recent financial filings, urban-gro's total assets have plummeted from $64.4M in 2023Q4 to $263.0M in 2026Q1, while the company's equity position has shifted into a deep deficit, signaling a severe and accelerating deterioration of the firm's underlying financial health and long-term viability.
The transition from a positive equity base to a significant deficit suggests that cumulative losses have effectively wiped out shareholder value. This trajectory indicates that the business model is currently unable to generate the returns necessary to sustain its capital structure, leaving the balance sheet in a precarious state.
Based on the most recent quarterly data, the current ratio has collapsed to 0.05, reflecting an acute inability to cover short-term obligations and suggesting that the company's cash runway is likely exhausted given the minimal $305.1K cash balance reported in 2026Q1.
A current ratio of this magnitude implies that the company is essentially operating on a hand-to-mouth basis, with virtually no buffer against operational shocks or project delays. Investors should monitor whether the firm can secure emergency financing, as the current liquidity profile appears insufficient to support ongoing operations.
According to the balance sheet, the company's equity has deteriorated into a negative position of -$45.2B as of 2025Q4, a figure that underscores the profound impact of persistent net losses and the potential for significant future dilution if management attempts to recapitalize the business.
The negative equity position serves as a stark indicator of value destruction, suggesting that the company's liabilities have far outpaced its assets. This condition often precedes restructuring events and highlights the extreme risk currently embedded in the capital structure for existing equity holders.
As evidenced by the provided data, the company's goodwill balance reached $122.8M in 2026Q1, which appears highly suspect given the company's negative margins and contracting revenue, suggesting a significant risk of future impairment charges that could further erode the already fragile asset base.
The presence of such a large goodwill figure on a balance sheet with negative equity warrants deep skepticism regarding the carrying value of past acquisitions. If these assets are not generating the expected economic returns, the company may be forced to recognize substantial write-downs, further destabilizing its financial position.
Quick answers to the most common questions about buying UGRO stock.
As of 2025, urban-gro, Inc. (UGRO) had total assets of $331.9M including $10.6M in current assets.
urban-gro, Inc. (UGRO) carries total debt of $8.3M, offset by $10.6M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
urban-gro, Inc. (UGRO) has total shareholders' equity (book value) of $-45165.2M ($-85496.50 book value per share). Book value represents the net worth of the company belonging to common stock holders.
urban-gro, Inc. (UGRO) reported a current ratio of 0.00x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.