Advasa Holdings, Inc. (ADBT) Balance Sheet
ADBT balance sheet, FY2026
March 31, 2026 · U.S. dollars$29.1M assets = $10.6M liabilities + $18.5M equity
Both columns are drawn to the same scale: what ADBT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
ADBT financial health
Descriptive bands, not a rating. Fiscal FY2026.
ADBT balance sheet trends, FY2024–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $23.5MFY2024 | $29.1MFY2026 | +11.4%/yr | |
| Total liabilities | $22.9MFY2024 | $10.6MFY2026 | −32.0%/yr | |
| Shareholders’ equity | $331,000FY2024 | $18.2MFY2026 | +642.3%/yr | |
| Cash & short-term investments | $551,000FY2024 | $12.1MFY2026 | +368.7%/yr | |
| Total debt | $14.1MFY2024 | $466,000FY2026 | −81.8%/yr | |
| Net cash (debt) | −$13.5MFY2024 | $11.6MFY2026 | +$25.2M | |
| Working capital | $14.6MFY2024 | $18.8MFY2026 | +$4.2M | |
| Book value per share | $0.00FY2024 | $0.04FY2026 | +642.3%/yr | |
| Current ratio | 2.65FY2024 | 2.85FY2026 | +0.21 | |
| Debt / equity | 42.54FY2024 | 0.03FY2026 | −42.52 | |
| Shares outstanding | 485.5MFY2024 | 485.5MFY2026 | 0.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ADBT assets
ADBT liabilities and equity
ADBT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
ADBT balance sheet
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Assets | |||
| Cash & short-term investments | $12.1M | $5.2M | $551,000 |
| Cash & equivalents | $12.1M | $5.2M | $551,000 |
| Receivables | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 |
| Other current assets | $16.9M | $23.3M | $22.9M |
| Total current assets | $29.0M | $28.5M | $23.5M |
| Property, plant & equipment (net) | $10,000 | $30,000 | $10,000 |
| Goodwill & intangible assets | $7,000 | $9,000 | $11,000 |
| Long-term investments | $145,000 | $0 | $0 |
| Other non-current assets | $6,000 | $7,000 | $7,000 |
| Total assets | $29.1M | $28.5M | $23.5M |
| Liabilities | |||
| Accounts payable | $173,000 | $10.1M | $7.7M |
| Total current liabilities | $10.1M | $12.7M | $8.9M |
| Long-term debt | $466,000 | $14.0M | $14.1M |
| Lease obligations | $10,000 | $30,000 | $10,000 |
| Other long-term liabilities | $0 | $10,000 | $0 |
| Total liabilities | $10.6M | $26.8M | $22.9M |
| Shareholders' equity | |||
| Retained earnings (deficit) | −$12.4M | −$13.3M | −$14.4M |
| Minority interest | $278,000 | $251,000 | $210,000 |
| Total shareholders' equity | $18.2M | $1.5M | $331,000 |
| Key figures | |||
| Total debt | $466,000 | $14.0M | $14.1M |
| Net cash (debt) | $11.6M | −$8.8M | −$13.5M |
| Working capital | $18.8M | $15.7M | $14.6M |
| Tangible book value | $18.2M | $1.5M | $320,000 |
| Book value per share | $0.04 | $0.00 | $0.00 |
| Shares outstanding | 485.5M | 485.5M | 485.5M |
| Current ratio | 2.85 | 2.24 | 2.65 |
| Quick ratio | 1.19 | 0.41 | 0.06 |
| Debt / equity | 0.03 | 9.38 | 42.54 |
| Equity / assets | 62.6% | 5.2% | 1.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Mar '25 | |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & short-term investments | $1.5M | $12.1M | $158,000 | $7.0M | $5.2M |
| Cash & equivalents | $1.5M | $12.1M | $158,000 | $7.0M | $5.2M |
| Receivables | $7.4M | $0 | $6.4M | $6.8M | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $15.9M | $16.9M | $23.6M | $24.0M | $23.3M |
| Total current assets | $24.9M | $29.0M | $30.1M | $37.7M | $28.5M |
| Property, plant & equipment (net) | $5,000 | $10,000 | $15,000 | $20,000 | $30,000 |
| Goodwill & intangible assets | $7,000 | $7,000 | $8,000 | $9,000 | $9,000 |
| Long-term investments | $142,000 | $145,000 | $251,000 | $0 | $0 |
| Other non-current assets | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 |
| Total assets | $25.0M | $29.1M | $30.4M | $37.8M | $28.5M |
| Liabilities | |||||
| Accounts payable | $147,000 | $173,000 | $9.8M | $12.9M | $10.1M |
| Total current liabilities | $2.6M | $10.1M | $12.9M | $17.1M | $12.7M |
| Long-term debt | $414,000 | $466,000 | $13.3M | $14.1M | $14.0M |
| Lease obligations | $5,000 | $10,000 | $15,000 | $20,000 | $30,000 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $10,000 |
| Total liabilities | $3.0M | $10.6M | $26.2M | $31.2M | $26.8M |
| Shareholders' equity | |||||
| Retained earnings (deficit) | −$8.8M | −$12.4M | −$10.7M | −$8.6M | −$13.3M |
| Minority interest | $398,000 | $278,000 | $336,000 | $416,000 | $251,000 |
| Total shareholders' equity | $21.7M | $18.2M | $3.9M | $6.2M | $1.5M |
| Key figures | |||||
| Total debt | $414,000 | $466,000 | $13.3M | $14.1M | $14.0M |
| Net cash (debt) | $1.1M | $11.6M | −$13.1M | −$7.1M | −$8.8M |
| Working capital | $22.3M | $18.8M | $17.2M | $20.6M | $15.7M |
| Tangible book value | $21.6M | $18.2M | $3.9M | $6.1M | $1.5M |
| Book value per share | $0.04 | $0.04 | $0.01 | $0.01 | $0.00 |
| Shares outstanding | 485.5M | 485.5M | 485.5M | 485.5M | 485.5M |
| Current ratio | 9.75 | 2.85 | 2.34 | 2.21 | 2.24 |
| Quick ratio | 3.51 | 1.19 | 0.51 | 0.81 | 0.41 |
| Debt / equity | 0.02 | 0.03 | 3.39 | 2.29 | 9.38 |
| Equity / assets | 86.6% | 62.6% | 12.9% | 16.3% | 5.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed —); data from EODHD.
ADBT financial position
At the end of fiscal 2026 (March 31, 2026), Advasa had total assets of $29.1 million (up 2.2% from a year earlier), total liabilities of $10.6 million and shareholders' equity of $18.2 million. It held $12.1 million in cash and short-term investments against $0.5 million of debt, a net cash position of $11.6 million. Its current ratio was 2.85. In the latest quarter (ended June 30, 2026) total assets were $25.0 million and equity $21.7 million.
Related: ADBT income statement, ADBT cash flow statement, ADBT key metrics. See the ADBT stock overview for the latest quote and news.
ADBT balance sheet FAQ
What are Advasa's total assets?
Advasa reported total assets of $29.1 million at the end of fiscal 2026 (March 31, 2026), compared with $28.5 million a year earlier.
How much debt does Advasa have?
Advasa had $0.5 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.03.
How much cash does Advasa have?
Advasa held $12.1 million in cash and short-term investments at the end of fiscal 2026; with $0.5 million of debt that is net cash of $11.6 million.
What is Advasa's book value?
Advasa's shareholders' equity (book value) was $18.2 million at the end of fiscal 2026, or $0.04 per share.
What is Advasa's current ratio?
Advasa had current assets of $29.0 million and current liabilities of $10.1 million, a current ratio of 2.85 (it can cover its short-term obligations).
How much goodwill does Advasa have?
Advasa carried $0.0 million of goodwill and intangible assets, 0.0% of total assets, at the end of fiscal 2026.