Winmark Corporation (WINA) 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 | Q2'21 |
|---|
| Total Current Assets | 25.05M | 14.1M | 43.06M | 32.2M | 25.77M | 15.37M | 40.5M | 32.95M | 26.28M | 16.75M | 43.81M | 35.85M | 27.64M | 18.1M | 21.2M | 14.28M | 5.89M | 17.43M | 44.42M | 16.14M |
| Cash & Short-Term Investments | 19.83M | 10.46M | 39.73M | 28.77M | 21.83M | 12.19M | 37.2M | 29.4M | 22.91M | 13.44M | 40.68M | 32.41M | 24.68M | 13.96M | 17.83M | 10.57M | 2.88M | 14.3M | 41.45M | 13.23M |
| Cash Only | 19.83M | 10.46M | 39.73M | 28.77M | 21.83M | 12.19M | 37.2M | 29.4M | 22.87M | 13.36M | 40.56M | 32.32M | 24.55M | 13.62M | 16.99M | 8.7M | 287.5K | 11.41M | 37.57M | 7.22M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34.1K | 75.1K | 124.3K | 90K | 125.3K | 344.9K | 839.9K | 1.87M | 2.59M | 2.89M | 3.88M | 6.01M |
| Accounts Receivable | 0 | 1.95M | 1.66M | 2.17M | 2.59M | 1.43M | 1.6M | 2.27M | 1.69M | 1.51M | 1.71M | 1.59M | 1.58M | 2M | 1.63M | 1.32M | 1.47M | 1.77M | 1.39M | 1.18M |
| Days Sales Outstanding | - | 7.77 | 7.7 | 10.61 | 8.07 | 7.3 | 8.18 | 8.95 | 7.15 | 7.37 | 6.72 | 7.09 | 7.93 | 8.42 | 6.35 | 6.67 | 6.88 | 7.54 | 5.8 | 7.83 |
| Inventory | 421.4K | 362.5K | 283.7K | 362.1K | 338.2K | 397.6K | 441.8K | 268.2K | 420.9K | 386.1K | 290.9K | 446.9K | 414.3K | 770.6K | 637.9K | 603.4K | 492.3K | 325.2K | 408.6K | 329.4K |
| Days Inventory Outstanding | 57.67 | 37.39 | 44.3 | 41.57 | 36.45 | 48.31 | 48.76 | 36.41 | 33.77 | 28.11 | 35.47 | 30.09 | 35.85 | 55.07 | 51.63 | 39.26 | 32.16 | 23.85 | 32.29 | 15.27 |
| Other Current Assets | 4.8M | 0 | 140K | 165K | 140K | 140K | 90K | 0 | 0 | 25K | 40K | 577.5K | 80K | 65K | 98.4K | 924K | 55K | 30K | 203.2K | 720.2K |
| Total Non-Current Assets | 10.02M | 10.79M | 10.68M | 10.97M | 11.29M | 11.48M | 11.45M | 11.73M | 12.05M | 12.22M | 11.74M | 11.81M | 12.11M | 12.35M | 12.53M | 12.78M | 9.38M | 9.47M | 10.55M | 10.88M |
| Property, Plant & Equipment | 2.81M | 2.98M | 3.15M | 3.27M | 3.4M | 3.53M | 3.72M | 3.91M | 4M | 4.1M | 4.19M | 4.17M | 4.26M | 4.42M | 4.54M | 4.68M | 4.82M | 4.96M | 5.12M | 5.27M |
| Fixed Asset Turnover | 7.20x | 6.88x | 7.05x | 6.12x | 6.33x | 5.40x | 5.64x | 5.09x | 4.97x | 4.84x | 5.34x | 4.83x | 4.73x | 4.72x | 4.59x | 4.02x | 4.10x | 4.04x | 3.88x | 3.56x |
| Goodwill | 607.5K | 607.5K | 607.5K | 607.5K | 607.5K | 607.5K | 607.5K | 607.5K | 607.5K | 607.5K | 607.5K | 607.5K | 607.5K | 607.5K | 607.5K | 607.5K | 607.5K | 607.5K | 607.5K | 607.5K |
| Intangible Assets | 2.2M | 2.29M | 2.37M | 2.46M | 2.55M | 2.64M | 2.73M | 2.82M | 2.91M | 2.99M | 3.08M | 3.17M | 3.26M | 3.35M | 3.44M | 3.53M | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.4K | 63.6K | 111K | 165K | 229.3K | 1.16M | 1.78M |
| Other Non-Current Assets | 0 | 506.4K | 496.2K | 505.5K | 516.4K | 491.2K | 478.4K | 479.5K | 487.8K | 471.3K | 467.7K | 461.3K | 470.1K | 429.7K | 416.3K | 420.5K | 428.7K | 418.3K | 416.9K | 418.1K |
| Total Assets | 35.07M | 24.88M | 53.75M | 43.17M | 37.06M | 26.84M | 51.95M | 44.69M | 38.34M | 28.97M | 55.55M | 47.65M | 39.75M | 30.46M | 33.73M | 27.05M | 15.27M | 26.9M | 54.97M | 27.02M |
| Asset Turnover | 0.70x | 0.54x | 0.47x | 0.51x | 0.69x | 0.50x | 0.45x | 0.48x | 0.60x | 0.47x | 0.43x | 0.47x | 0.58x | 0.66x | 0.70x | 0.90x | 0.95x | 0.50x | 0.49x | 0.66x |
| Asset Growth % | -5.37% | -7.3% | 3.46% | -3.39% | -3.32% | -7.33% | -6.47% | -6.23% | -3.56% | -4.89% | 64.68% | 76.14% | 160.3% | 13.22% | -38.64% | 0.13% | -50.25% | -14.18% | 53.39% | -14.57% |
| Total Current Liabilities | 17.73M | 5.67M | 7.23M | 7.01M | 9.69M | 5.09M | 10.55M | 11.45M | 14.37M | 10.46M | 11.63M | 11.8M | 13.23M | 10.6M | 11.64M | 12.3M | 12.65M | 9.98M | 10.78M | 11.26M |
| Accounts Payable | 1.06M | 1.67M | 1.37M | 1.19M | 1.54M | 1.56M | 1.6M | 1.48M | 1.3M | 1.72M | 1.69M | 1.64M | 1.44M | 2.12M | 1.91M | 1.89M | 1.9M | 2.1M | 1.99M | 1.46M |
| Days Payables Outstanding | 200.94 | 176.32 | 175.85 | 162.32 | 153.85 | 182.03 | 211.49 | 146.63 | 126.18 | 141.79 | 160.25 | 107.7 | 107.89 | 157.63 | 158.03 | 135.64 | 157.14 | 132.85 | 150.79 | 99.23 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 3.47M | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | 4.22M | 4.23M | 4.23M | 4.23M | 4.24M |
| Deferred Revenue (Current) | 1.65M | 1.67M | 1.66M | 1.67M | 1.67M | 1.66M | 1.67M | 1.66M | 1.66M | 1.67M | 1.68M | 1.68M | 1.67M | 1.64M | 1.65M | 1.63M | 1.63M | 1.65M | 1.64M | 1.65M |
| Other Current Liabilities | 15.02M | 2.32M | 4.2M | 0 | 0 | 592.9K | 0 | 597.9K | 519.7K | 587.7K | 496.4K | 485.3K | 2.58M | 0 | 514.1K | 0 | 2.87M | 0 | 470.6K | 0 |
| Current Ratio | 1.41x | 2.49x | 5.95x | 4.60x | 2.66x | 3.02x | 3.84x | 2.88x | 1.83x | 1.60x | 3.77x | 3.04x | 2.09x | 1.71x | 1.82x | 1.16x | 0.47x | 1.75x | 4.12x | 1.43x |
| Quick Ratio | 1.39x | 2.42x | 5.92x | 4.54x | 2.62x | 2.94x | 3.80x | 2.85x | 1.80x | 1.56x | 3.74x | 3.00x | 2.06x | 1.64x | 1.77x | 1.11x | 0.43x | 1.71x | 4.08x | 1.40x |
| Cash Conversion Cycle | - | -131.16 | -123.85 | -110.14 | -109.34 | -126.42 | -154.54 | -101.27 | -85.26 | -106.3 | -118.06 | -70.51 | -64.11 | -94.14 | -100.04 | -89.71 | -118.11 | -101.46 | -112.7 | -76.13 |
| Total Non-Current Liabilities | 63.55M | 72.9M | 72.86M | 73.01M | 73.31M | 72.8M | 75.15M | 75.46M | 76.54M | 77.66M | 78.48M | 79.46M | 80.56M | 81.49M | 82.52M | 83.53M | 68.39M | 56M | 56.99M | 28.5M |
| Long-Term Debt | 62.2M | 62.38M | 59.96M | 59.95M | 59.95M | 59.94M | 62.43M | 62.74M | 63.79M | 64.85M | 65.9M | 66.96M | 68.01M | 69.07M | 70.12M | 71.18M | 55.92M | 43.38M | 44.43M | 15.51M |
| Capital Lease Obligations | 0 | 2.41M | 2.59M | 2.76M | 2.93M | 3.09M | 3.26M | 3.42M | 3.57M | 3.72M | 3.87M | 4.01M | 4.15M | 4.29M | 4.43M | 4.56M | 4.69M | 4.81M | 4.95M | 5.28M |
| 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 | 1.35M | -239K | 1.95M | 1.96M | 2.18M | 1.74M | 1.43M | 1.43M | 1.44M | 1.44M | 1.15M | 1.15M | 1.16M | 1.16M | 940.5K | 945.2K | 950K | 954.8K | 759K | 763.7K |
| Total Liabilities | 81.28M | 78.57M | 80.09M | 80.01M | 83M | 77.89M | 85.7M | 86.91M | 90.92M | 88.12M | 90.11M | 91.27M | 93.79M | 92.09M | 94.17M | 95.83M | 81.04M | 65.98M | 67.77M | 39.76M |
| Total Debt | 62.2M | 64.79M | 62.55M | 62.72M | 62.88M | 63.04M | 69.16M | 70.37M | 71.58M | 72.78M | 73.99M | 75.19M | 76.38M | 77.57M | 78.77M | 79.96M | 64.84M | 52.42M | 53.61M | 25.85M |
| Net Debt | 42.37M | 54.33M | 22.82M | 33.95M | 41.05M | 50.85M | 31.97M | 40.98M | 48.71M | 59.42M | 33.44M | 42.87M | 51.83M | 63.96M | 61.79M | 71.26M | 64.55M | 41.01M | 16.04M | 18.62M |
| Debt / Equity | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | 5.53x | 4.81x | 4.12x | 4.76x | 4.54x | 4.83x | 4.55x | 5.29x | 5.73x | 5.69x | 4.81x | 5.56x | 6.04x | 5.67x | 5.37x | 6.38x | 4.77x | 4.00x | 3.84x | 2.13x |
| Net Debt / EBITDA | 3.77x | 4.04x | 1.50x | 2.58x | 2.96x | 3.90x | 2.10x | 3.08x | 3.90x | 4.64x | 2.17x | 3.17x | 4.10x | 4.68x | 4.21x | 5.69x | 4.75x | 3.13x | 1.15x | 1.53x |
| Interest Coverage | 18.33x | 21.68x | 24.96x | 21.84x | 22.39x | 18.83x | 21.75x | 18.04x | 16.56x | 16.67x | 20.32x | 17.38x | 15.69x | 15.50x | 17.58x | 17.02x | 26.14x | 25.02x | 40.32x | 39.36x |
| Total Equity | -46.21M | -53.68M | -26.34M | -36.84M | -45.94M | -51.05M | -33.74M | -42.22M | -52.58M | -59.16M | -34.56M | -43.61M | -54.05M | -61.63M | -60.44M | -68.78M | -65.77M | -39.08M | -12.8M | -12.74M |
| Equity Growth % | -0.58% | -5.16% | 21.94% | 12.75% | 12.62% | 13.71% | 2.37% | 3.18% | 2.71% | 4.02% | 42.81% | 36.59% | 17.82% | -57.69% | -372.07% | -439.84% | -413.64% | -243.48% | -44.92% | 31.38% |
| Book Value per Share | -12.46 | -14.50 | -7.13 | -10.03 | -12.51 | -13.92 | -9.19 | -11.54 | -14.36 | -16.08 | -9.46 | -12.00 | -15.04 | -17.33 | -17.07 | -19.32 | -17.70 | -10.41 | -3.38 | -3.33 |
| Total Shareholders' Equity | -46.21M | -53.68M | -26.34M | -36.84M | -45.94M | -51.05M | -33.74M | -42.22M | -52.58M | -59.16M | -34.56M | -43.61M | -54.05M | -61.63M | -60.44M | -68.78M | -65.77M | -39.08M | -12.8M | -12.74M |
| Common Stock | 21.26M | 19.61M | 17.79M | 15.02M | 13.12M | 14.79M | 11.94M | 11.41M | 8.32M | 7.77M | 6.41M | 5.72M | 2.87M | 1.81M | 382.1K | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | -67.47M | -73.3M | -44.13M | -51.86M | -59.07M | -65.84M | -45.69M | -53.64M | -60.9M | -66.92M | -40.98M | -49.34M | -56.92M | -63.44M | -60.82M | -68.78M | -65.77M | -39.08M | -12.8M | -12.74M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 |