Vericel Corporation (VCEL) quarterly balance sheet — complete assets, liabilities & equity history
Vericel Corporation (VCEL) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | 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 | Q3'21 |
|---|
| Total Current Assets | 264.73M | 244.06M | 247.44M | 221.97M | 204.58M | 197.64M | 212.78M | 190.52M | 197.39M | 189.72M | 205.63M | 186.21M | 182.87M | 177.54M | 186.87M | 166.38M | 155.09M | 151.88M | 158.46M | 144.95M |
| Cash & Short-Term Investments | 162.46M | 145.34M | 137.5M | 135.38M | 116.88M | 112.9M | 116.21M | 101.73M | 102.51M | 118.45M | 109.56M | 105.34M | 97.83M | 119.28M | 119.54M | 110.94M | 100.69M | 100.55M | 103.4M | 98.29M |
| Cash Only | 125.36M | 109.3M | 100.09M | 100.4M | 80.53M | 73.49M | 74.52M | 53.68M | 50.29M | 70.74M | 69.09M | 60.47M | 43.02M | 61.83M | 51.07M | 65.22M | 56.05M | 55.66M | 68.33M | 54.55M |
| Short-Term Investments | 37.1M | 36.05M | 37.41M | 34.98M | 36.35M | 39.41M | 41.69M | 48.05M | 52.22M | 47.71M | 40.47M | 44.87M | 54.81M | 57.44M | 68.47M | 45.72M | 44.64M | 44.89M | 35.07M | 43.74M |
| Accounts Receivable | 75.71M | 72.38M | 84.63M | 60.43M | 64.29M | 52.9M | 61.38M | 48.48M | 48M | 49.93M | 58.36M | 39.73M | 38.32M | 38.36M | 46.54M | 34.3M | 33.66M | 31.86M | 37.44M | 28.91M |
| Days Sales Outstanding | 86.99 | 103.26 | 71.81 | 84.99 | 84.32 | 97.77 | 67.04 | 76.64 | 84.61 | 96.08 | 69.42 | 78.77 | 75.97 | 93.14 | 70.57 | 81.09 | 80.47 | 86.44 | 64.13 | 80.84 |
| Inventory | 18.38M | 18.35M | 17.56M | 18.16M | 16.83M | 17.11M | 17.37M | 15.76M | 14.89M | 13.56M | 13.09M | 12.62M | 13.88M | 15.37M | 15.99M | 16.73M | 15.93M | 14.38M | 13.38M | 13.06M |
| Days Inventory Outstanding | 79.38 | 84.35 | 83.02 | 89.82 | 92.87 | 95.04 | 90.3 | 86.73 | 80.58 | 76.12 | 71.72 | 81.43 | 83.29 | 97.33 | 104.18 | 112.8 | 97.19 | 98.99 | 89.7 | 96.46 |
| Other Current Assets | 8.18M | 7.99M | 7.74M | 8.01M | 6.58M | 14.73M | 17.82M | 24.55M | 32M | 7.78M | 24.63M | 28.52M | 32.84M | 4.54M | 4.8M | 4.41M | 4.81M | 5.09M | 4.25M | 4.69M |
| Total Non-Current Assets | 238.14M | 241.56M | 240.53M | 231.31M | 231.03M | 226.95M | 219.94M | 199.88M | 179.45M | 166.94M | 148.03M | 131.91M | 127.84M | 87.55M | 86.14M | 81.64M | 89.72M | 88.41M | 85.24M | 79.2M |
| Property, Plant & Equipment | 167.62M | 170.52M | 173.17M | 175.47M | 177.25M | 177.01M | 173.26M | 159.97M | 146.11M | 130.07M | 115.1M | 103.51M | 98.47M | 59.05M | 57.37M | 58.55M | 59.5M | 59.1M | 59.03M | 58.53M |
| Fixed Asset Turnover | 0.46x | 0.40x | 0.53x | 0.38x | 0.36x | 0.30x | 0.45x | 0.38x | 0.38x | 0.42x | 0.59x | 0.45x | 0.58x | 0.70x | 0.91x | 0.65x | 0.62x | 0.61x | 0.81x | 0.59x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 5.31M | 5.47M | 5.63M | 5.78M | 5.94M | 6.09M | 6.25M | 6.41M | 6.56M | 6.72M | 6.88M | 7.03M | 7.19M | 7.34M | 7.5M | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 64.97M | 65.28M | 61.4M | 49.66M | 47.4M | 43.34M | 39.88M | 32.9M | 26.12M | 29.43M | 25.28M | 20.23M | 20.98M | 19.91M | 19.96M | 21.74M | 23.72M | 22.8M | 25.69M | 20.23M |
| Other Non-Current Assets | 233K | 288K | 341K | 395K | 447K | 501K | 556K | 610K | 664K | 717K | 771K | 1.14M | 1.2M | 1.25M | 1.3M | 1.36M | 6.5M | 6.5M | 528K | 430K |
| Total Assets | 502.87M | 485.63M | 487.97M | 453.27M | 435.61M | 424.59M | 432.72M | 390.4M | 376.84M | 356.66M | 353.66M | 318.13M | 310.71M | 265.1M | 273M | 248.02M | 244.81M | 240.29M | 243.71M | 224.14M |
| Asset Turnover | 0.16x | 0.14x | 0.20x | 0.15x | 0.15x | 0.12x | 0.18x | 0.15x | 0.14x | 0.14x | 0.19x | 0.14x | 0.16x | 0.15x | 0.20x | 0.16x | 0.15x | 0.15x | 0.20x | 0.15x |
| Asset Growth % | 15.44% | 14.38% | 12.77% | 16.1% | 15.6% | 19.05% | 22.36% | 22.72% | 21.28% | 34.54% | 29.54% | 28.27% | 26.92% | 10.32% | 12.02% | 10.65% | 10.3% | 13.63% | 18.53% | 42.31% |
| Total Current Liabilities | 52.53M | 47.16M | 49.15M | 45.58M | 41.13M | 39.45M | 50.29M | 41.35M | 43.86M | 36.47M | 45.75M | 35.95M | 35.61M | 28.75M | 37.46M | 27M | 25.01M | 21.73M | 26.05M | 18.83M |
| Accounts Payable | 20.61M | 19.01M | 15.83M | 15.34M | 12.86M | 16.75M | 23.85M | 20.88M | 25.22M | 19.43M | 22.35M | 15.05M | 14.4M | 11.13M | 16.93M | 8.11M | 9.68M | 7.75M | 9.02M | 5.58M |
| Days Payables Outstanding | 85.63 | 81.82 | 72.44 | 72.38 | 81.02 | 111.91 | 121.92 | 130.48 | 126.49 | 119.35 | 104.33 | 90.48 | 72.68 | 87.09 | 79.75 | 61.47 | 55.89 | 59.77 | 49.5 | 50.82 |
| Short-Term Debt | 14.16M | 0 | 14.09M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 17.76M | 8.92M | 4.97M | 12M | 11.12M | 8.09M | 13.7M | 10.67M | 9.91M | 7.33M | 13.26M | 9.25M | 8.55M | 6.33M | 10.27M | 8.37M | 7.5M | 5.59M | 9.92M | 7.53M |
| Current Ratio | 5.04x | 5.18x | 5.03x | 4.87x | 4.97x | 5.01x | 4.23x | 4.61x | 4.50x | 5.20x | 4.49x | 5.18x | 5.14x | 6.17x | 4.99x | 6.16x | 6.20x | 6.99x | 6.08x | 7.70x |
| Quick Ratio | 4.69x | 4.79x | 4.68x | 4.47x | 4.56x | 4.58x | 3.89x | 4.23x | 4.16x | 4.83x | 4.21x | 4.83x | 4.75x | 5.64x | 4.56x | 5.54x | 5.56x | 6.33x | 5.57x | 7.00x |
| Cash Conversion Cycle | 80.75 | 105.79 | 82.39 | 102.43 | 96.16 | 80.9 | 35.42 | 32.89 | 38.71 | 52.84 | 36.81 | 69.71 | 86.58 | 103.39 | 95 | 132.42 | 121.76 | 125.65 | 104.33 | 126.47 |
| Total Non-Current Liabilities | 80.29M | 82.24M | 84.18M | 85.83M | 87.67M | 89.65M | 90.47M | 91.59M | 90M | 86.3M | 81.96M | 77.8M | 76.17M | 42.37M | 43.27M | 43.18M | 44.98M | 46.07M | 47.19M | 48.53M |
| Long-Term Debt | 78.38M | 80.36M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 84.18M | 84.16M | 86.01M | 87.8M | 89.59M | 91.34M | 89.8M | 86.3M | 81.86M | 77.8M | 76.14M | 42.37M | 43.27M | 43.18M | 44.98M | 46.07M | 47.19M | 48.53M |
| 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 | 1.91M | 1.88M | 0 | 1.67M | 1.66M | 1.85M | 876K | 243K | 198K | 154K | 100K | 0 | 28K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 132.82M | 129.4M | 133.33M | 131.42M | 128.8M | 129.1M | 140.75M | 132.93M | 133.86M | 122.77M | 127.7M | 113.75M | 111.78M | 71.12M | 80.73M | 70.18M | 70M | 67.8M | 73.24M | 67.36M |
| Total Debt | 92.54M | 94.54M | 98.27M | 98.01M | 99.76M | 98.97M | 98.85M | 97.46M | 95.59M | 92.31M | 88.04M | 85.07M | 83.36M | 46.86M | 47.57M | 48.12M | 48.18M | 49.26M | 50.18M | 50.86M |
| Net Debt | -32.82M | -14.75M | -1.83M | -2.4M | 19.23M | 25.48M | 24.33M | 43.78M | 45.3M | 21.57M | 18.95M | 24.59M | 40.34M | -14.97M | -3.5M | -17.1M | -7.87M | -6.4M | -18.15M | -3.7M |
| Debt / Equity | 0.25x | 0.27x | 0.28x | 0.30x | 0.33x | 0.33x | 0.34x | 0.38x | 0.39x | 0.39x | 0.39x | 0.42x | 0.42x | 0.24x | 0.25x | 0.27x | 0.28x | 0.29x | 0.29x | 0.32x |
| Debt / EBITDA | 25.00x | - | 3.83x | 15.33x | 125.17x | - | 4.95x | - | - | - | 6.34x | - | - | - | 6.68x | - | - | - | 10.20x | - |
| Net Debt / EBITDA | -8.87x | - | -0.07x | -0.37x | 24.13x | - | 1.22x | - | - | - | 1.37x | - | - | - | -0.49x | - | - | - | -3.69x | - |
| Interest Coverage | 14.73x | -38.39x | 149.78x | 33.11x | -2.52x | -72.50x | 130.58x | -4.85x | -29.60x | -24.24x | 91.34x | -25.31x | -32.69x | -50.69x | 30.70x | -61.44x | -447.15x | -392.94x | 4209.00x | -4930.00x |
| Total Equity | 370.04M | 356.23M | 354.64M | 321.86M | 306.81M | 295.49M | 291.97M | 257.47M | 242.98M | 233.9M | 225.95M | 204.38M | 198.93M | 193.98M | 192.27M | 177.84M | 174.82M | 172.49M | 170.46M | 156.78M |
| Equity Growth % | 20.61% | 20.56% | 21.47% | 25.01% | 26.27% | 26.33% | 29.22% | 25.98% | 22.14% | 20.58% | 17.52% | 14.93% | 13.79% | 12.46% | 12.79% | 13.43% | 15.7% | 23.02% | 26.96% | 36.77% |
| Book Value per Share | 7.27 | 7.02 | 6.81 | 6.20 | 6.09 | 5.92 | 5.59 | 5.25 | 4.99 | 4.86 | 4.47 | 4.29 | 4.18 | 4.09 | 3.91 | 3.77 | 3.71 | 3.67 | 3.41 | 3.36 |
| Total Shareholders' Equity | 370.04M | 356.23M | 354.64M | 321.86M | 306.81M | 295.49M | 291.97M | 257.47M | 242.98M | 233.9M | 225.95M | 204.38M | 198.93M | 193.98M | 192.27M | 177.84M | 174.82M | 172.49M | 170.46M | 156.78M |
| Common Stock | 750.8M | 739M | 730.66M | 721.14M | 711.24M | 699.41M | 684.78M | 669.74M | 654.97M | 641.18M | 629.23M | 621.01M | 612.06M | 602.1M | 593.25M | 584.9M | 575.01M | 563.48M | 553.9M | 544.62M |
| Retained Earnings | -380.39M | -382.6M | -376.3M | -399.54M | -404.61M | -404.06M | -392.81M | -412.62M | -411.72M | -407.04M | -403.18M | -416.17M | -412.51M | -407.49M | -400M | -405.92M | -399.34M | -390.38M | -383.29M | -387.82M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -365K | -168K | 275K | 258K | 183K | 136K | 4K | 359K | -273K | -245K | -100K | -463K | -621K | -636K | -978K | -1.15M | -855K | -613K | -154K | -23K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |