AI Financial Corporation (AIFC) Balance Sheet
AIFC balance sheet, 2025
December 31, 2025 · U.S. dollars$1.22B assets = $64.1M liabilities + $1.16B equity
Both columns are drawn to the same scale: what AIFC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
AIFC financial health
Descriptive bands, not a rating. Fiscal 2025.
AIFC balance sheet trends, 2022–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $46.8M2022 | $1.22B2025 | +196.6%/yr | |
| Total liabilities | $44.4M2022 | $64.1M2025 | +13.0%/yr | |
| Shareholders’ equity | $2.3M2022 | $1.15B2025 | +693.3%/yr | |
| Cash & short-term investments | $61,0002022 | $6.2M2025 | +367.2%/yr | |
| Total debt | $1.9M2022 | $15.4M2025 | +99.2%/yr | |
| Net cash (debt) | −$1.9M2022 | −$9.1M2025 | −$7.3M | |
| Working capital | −$14.8M2022 | −$21.9M2025 | −$7.2M | |
| Current ratio | 0.382022 | 0.572025 | +0.19 | |
| Debt / equity | 0.842022 | 0.012025 | −0.83 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
AIFC assets
AIFC liabilities and equity
AIFC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
AIFC balance sheet
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | $6.2M | $7.2M | $5,000 | $61,000 |
| Cash & equivalents | $6.2M | $7.2M | $5,000 | $61,000 |
| Receivables | $20.3M | $0 | $0 | $5.5M |
| Inventory | $0 | $0 | $0 | $366,000 |
| Other current assets | $3.0M | $27.2M | $341,000 | $3.2M |
| Total current assets | $29.5M | $34.4M | $346,000 | $9.2M |
| Property, plant & equipment (net) | $130,000 | $121,000 | $0 | $8.0M |
| Goodwill & intangible assets | $35.3M | $22.6M | $17.8M | $19.3M |
| Long-term investments | $0 | $0 | $286,000 | $315,000 |
| Other non-current assets | $1.15B | $18.7M | $9,000 | $10.0M |
| Total assets | $1.22B | $75.7M | $18.5M | $46.8M |
| Liabilities | ||||
| Accounts payable | $5.1M | $3.2M | $2.3M | $2.3M |
| Short-term debt | $6.5M | — | — | — |
| Deferred revenue | $1.2M | — | — | — |
| Total current liabilities | $51.4M | $40.9M | $5.9M | $23.9M |
| Long-term debt | $8.7M | $11.8M | $707,000 | $1.9M |
| Lease obligations | $112,000 | $122,000 | $0 | $5.4M |
| Other long-term liabilities | $4.0M | $6.9M | $15.2M | $18.6M |
| Total liabilities | $64.1M | $59.6M | $21.8M | $44.4M |
| Shareholders' equity | ||||
| Common stock & paid-in capital | $126,000 | — | — | — |
| Retained earnings (deficit) | −$402.7M | −$58.2M | −$50.6M | −$42.8M |
| Accumulated other comprehensive income | −$6.3M | — | — | — |
| Minority interest | $3.5M | $3.6M | $0 | — |
| Total shareholders' equity | $1.15B | $12.4M | −$3.3M | $2.3M |
| Key figures | ||||
| Total debt | $15.4M | $11.8M | $707,000 | $1.9M |
| Net cash (debt) | −$9.1M | −$4.7M | −$702,000 | −$1.9M |
| Working capital | −$21.9M | −$6.5M | −$5.6M | −$14.8M |
| Tangible book value | $1.12B | −$10.1M | −$21.2M | −$17.0M |
| Book value per share | $19.76 | — | — | — |
| Shares outstanding | 58.3M | — | — | — |
| Current ratio | 0.57 | 0.84 | 0.06 | 0.38 |
| Quick ratio | 0.52 | 0.18 | 0.00 | 0.23 |
| Debt / equity | 0.01 | 0.95 | — | 0.84 |
| Equity / assets | 94.5% | 16.4% | −17.9% | 4.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & short-term investments | $5.8M | $15.5M | $6.2M | $7.3M | $9.6M | $10.8M |
| Cash & equivalents | $3.0M | $10.5M | $6.2M | $7.3M | $9.6M | $10.8M |
| Short-term investments | $2.8M | $5.0M | — | — | — | — |
| Receivables | $0 | $13.9M | $20.3M | $28.8M | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $9.1M | $2.8M | $3.0M | $8.7M | $24.2M | $21.0M |
| Total current assets | $14.9M | $32.2M | $29.5M | $44.8M | $33.7M | $31.8M |
| Property, plant & equipment (net) | $114,000 | $120,000 | $130,000 | $138,000 | $134,000 | $1.3M |
| Goodwill & intangible assets | $45.3M | $34.5M | $35.3M | $1.58B | $44.9M | $44.9M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $663.8M | $892.9M | $1.15B | $16.8M | $15.9M | $0 |
| Total assets | $724.1M | $959.7M | $1.22B | $1.64B | $94.7M | $78.0M |
| Liabilities | ||||||
| Accounts payable | $4.0M | $3.3M | $5.1M | $4.0M | $4.2M | $2.9M |
| Short-term debt | $5.1M | $5.0M | $6.5M | $9.0M | — | — |
| Deferred revenue | — | $2.5M | $1.2M | $1.2M | — | — |
| Total current liabilities | $24.9M | $39.1M | $51.4M | $56.4M | $38.3M | $38.2M |
| Long-term debt | $23.4M | $23.4M | $8.7M | $8.7M | $17.3M | $9.4M |
| Lease obligations | $101,000 | $107,000 | $112,000 | $118,000 | $121,000 | $125,000 |
| Other long-term liabilities | $77,000 | $3.9M | $4.0M | $18.9M | $9.9M | $5.1M |
| Total liabilities | $48.4M | $66.5M | $64.1M | $83.9M | $65.4M | $52.7M |
| Shareholders' equity | ||||||
| Common stock & paid-in capital | $139,000 | $126,000 | $126,000 | $117,000 | — | — |
| Retained earnings (deficit) | −$903.7M | −$674.1M | −$402.7M | −$19.9M | −$68.9M | −$59.7M |
| Accumulated other comprehensive income | −$1.3M | $1.8M | −$6.3M | $5.2M | — | — |
| Minority interest | $3.5M | $3.5M | $3.5M | $3.2M | $3.2M | — |
| Total shareholders' equity | $672.3M | $889.7M | $1.15B | $1.55B | $26.1M | $21.8M |
| Key figures | ||||||
| Total debt | $28.6M | $28.5M | $15.4M | $17.8M | $17.3M | $9.4M |
| Net cash (debt) | −$22.7M | −$13.0M | −$9.1M | −$10.5M | −$7.7M | $1.4M |
| Working capital | −$9.9M | −$6.9M | −$21.9M | −$11.6M | −$4.5M | −$6.4M |
| Tangible book value | $627.0M | $855.3M | $1.12B | −$25.4M | −$18.9M | −$23.1M |
| Book value per share | $4.92 | $7.02 | $9.11 | $9.21 | — | — |
| Shares outstanding | 136.6M | 126.8M | 126.5M | 168.7M | — | — |
| Current ratio | 0.60 | 0.82 | 0.57 | 0.79 | 0.88 | 0.83 |
| Quick ratio | 0.24 | 0.75 | 0.52 | 0.64 | 0.25 | 0.28 |
| Debt / equity | 0.04 | 0.03 | 0.01 | 0.01 | 0.66 | 0.43 |
| Equity / assets | 92.8% | 92.7% | 94.5% | 94.7% | 27.5% | 28.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 31, 2025); data from EODHD.
AIFC financial position
At the end of fiscal 2025 (December 31, 2025), AI Financial had total assets of $1.2 billion (up 1,510.2% from a year earlier), total liabilities of $64.1 million and shareholders' equity of $1.2 billion. It held $6.2 million in cash and short-term investments against $15.4 million of debt, net debt of $9.1 million. Its current ratio was 0.57. In the latest quarter (ended June 30, 2026) total assets were $724.1 million and equity $672.3 million.
Related: AIFC income statement, AIFC cash flow statement, AIFC key metrics. See the AIFC stock overview for the latest quote and news.
AIFC balance sheet FAQ
What are AI Financial's total assets?
AI Financial reported total assets of $1.2 billion at the end of fiscal 2025 (December 31, 2025), compared with $75.7 million a year earlier.
How much debt does AI Financial have?
AI Financial had $15.4 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.01.
How much cash does AI Financial have?
AI Financial held $6.2 million in cash and short-term investments at the end of fiscal 2025; with $15.4 million of debt that is net debt of $9.1 million.
What is AI Financial's book value?
AI Financial's shareholders' equity (book value) was $1.2 billion at the end of fiscal 2025, or $19.76 per share.
What is AI Financial's current ratio?
AI Financial had current assets of $29.5 million and current liabilities of $51.4 million, a current ratio of 0.57 (current liabilities exceed current assets).
How much goodwill does AI Financial have?
AI Financial carried $35.3 million of goodwill and intangible assets, 2.9% of total assets, at the end of fiscal 2025.