AMTD IDEA Group (AMTD) Balance Sheet
AMTD balance sheet, 2025
December 31, 2025 · U.S. dollars$2.30B assets = $385.4M liabilities + $1.91B equity
Both columns are drawn to the same scale: what AMTD owns equals what it owes plus shareholders’ equity. Hover a block for its value.
AMTD financial health
Descriptive bands, not a rating. Fiscal 2025.
AMTD balance sheet trends, 2024–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.07B2024 | $2.30B2025 | +11.1%/yr | |
| Total liabilities | $369.9M2024 | $385.4M2025 | +4.2%/yr | |
| Shareholders’ equity | $1.59B2024 | $1.74B2025 | +9.2%/yr | |
| Cash & short-term investments | $87.9M2024 | $59.4M2025 | −32.4%/yr | |
| Total debt | $283.5M2024 | $292.4M2025 | +3.1%/yr | |
| Net cash (debt) | −$195.6M2024 | −$233.0M2025 | −$37.4M | |
| Working capital | $1.38B2024 | $1.27B2025 | −$104.3M | |
| Book value per share | $142.492024 | $115.602025 | −18.9%/yr | |
| Current ratio | 10.622024 | 8.832025 | −1.78 | |
| Debt / equity | 0.182024 | 0.172025 | −0.01 | |
| Shares outstanding | 11.2M2024 | 15.0M2025 | +34.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
AMTD assets
AMTD liabilities and equity
AMTD debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
AMTD balance sheet
| 2025 | 2024 | |
|---|---|---|
| Assets | ||
| Cash & short-term investments | $59.4M | $87.9M |
| Cash & equivalents | $51.1M | $62.9M |
| Short-term investments | $8.3M | $25.0M |
| Receivables | $1.37B | $1.43B |
| Inventory | $0 | $0 |
| Other current assets | $2.3M | $4.3M |
| Total current assets | $1.43B | $1.52B |
| Property, plant & equipment (net) | $314.1M | $291.4M |
| Goodwill & intangible assets | $119.1M | $119.4M |
| Long-term investments | $350.1M | $139.6M |
| Other non-current assets | $82.6M | $0 |
| Total assets | $2.30B | $2.07B |
| Liabilities | ||
| Accounts payable | $1.1M | $2.4M |
| Short-term debt | $83.5M | $64.1M |
| Deferred revenue | $592,000 | $667,000 |
| Total current liabilities | $162.4M | $143.1M |
| Long-term debt | $208.9M | $219.4M |
| Lease obligations | $273,000 | $519,000 |
| Other long-term liabilities | $14.1M | $7.3M |
| Total liabilities | $385.4M | $369.9M |
| Shareholders' equity | ||
| Common stock & paid-in capital | $150.2M | $48,000 |
| Retained earnings (deficit) | $940.7M | $906.6M |
| Accumulated other comprehensive income | $1.17B | $1.19B |
| Minority interest | $177.1M | $108.1M |
| Total shareholders' equity | $1.74B | $1.59B |
| Key figures | ||
| Total debt | $292.4M | $283.5M |
| Net cash (debt) | −$233.0M | −$195.6M |
| Working capital | $1.27B | $1.38B |
| Tangible book value | $1.62B | $1.47B |
| Book value per share | $115.60 | $142.49 |
| Shares outstanding | 15.0M | 11.2M |
| Current ratio | 8.83 | 10.62 |
| Quick ratio | 8.82 | 10.59 |
| Debt / equity | 0.17 | 0.18 |
| Equity / assets | 75.5% | 76.9% |
| Mar '26 | Dec '25 | Jun '25 | Mar '25 | Dec '24 | Jun '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & short-term investments | $59.4M | $59.4M | $133.3M | $87.9M | $87.9M | $78.6M | $120.2M |
| Cash & equivalents | $51.1M | $51.1M | $52.8M | $62.9M | $62.9M | $78.6M | $120.2M |
| Short-term investments | $8.3M | $8.3M | $80.5M | $25.0M | $25.0M | — | $0 |
| Receivables | $1.37B | $7.1M | $1.46B | $1.43B | $7.0M | $1.14B | $5.5M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $2.3M | $1.37B | $0 | $4.3M | $1.42B | $553,000 | $1.08B |
| Total current assets | $1.43B | $1.43B | $1.56B | $1.52B | $1.52B | $1.22B | $1.20B |
| Property, plant & equipment (net) | $314.1M | $314.1M | $340.2M | $291.4M | $291.4M | $271.9M | $70.1M |
| Goodwill & intangible assets | $119.1M | $119.1M | $118.1M | $119.4M | $119.4M | $118.7M | $118.4M |
| Long-term investments | $0 | $350.1M | $138.1M | $0 | $139.6M | $93.2M | $95.4M |
| Other non-current assets | $432.7M | $82.6M | $32.0M | $139.6M | $0 | $0 | $0 |
| Total assets | $2.30B | $2.30B | $2.19B | $2.07B | $2.07B | $1.70B | $1.49B |
| Liabilities | |||||||
| Accounts payable | $1.1M | $1.1M | $5.2M | $2.4M | $2.4M | $1.3M | $8.6M |
| Short-term debt | $83.5M | — | $101.6M | $64.1M | — | $30.2M | — |
| Deferred revenue | $592,000 | — | — | $667,000 | — | — | — |
| Total current liabilities | $162.4M | $162.4M | $101.6M | $143.1M | $143.1M | $134.5M | $157.1M |
| Long-term debt | $0 | $208.9M | $191.2M | $0 | $219.4M | $235.1M | $30.4M |
| Lease obligations | — | $273,000 | — | — | $519,000 | — | $382,000 |
| Other long-term liabilities | $223.0M | $14.1M | $333.2M | $226.8M | $7.3M | $141.6M | $5.6M |
| Total liabilities | $385.4M | $385.4M | $626.0M | $369.9M | $369.9M | $376.7M | $193.0M |
| Shareholders' equity | |||||||
| Common stock & paid-in capital | $150.2M | — | $76,000 | $48,000 | — | $48,000 | — |
| Retained earnings (deficit) | $940.7M | $940.7M | — | $906.6M | $906.6M | $900.4M | $859.8M |
| Accumulated other comprehensive income | $1.17B | — | $2.12B | $1.19B | — | $929.9M | — |
| Minority interest | — | $177.1M | $180.4M | — | $108.1M | — | — |
| Total shareholders' equity | $1.74B | $1.74B | $1.62B | $1.59B | $1.59B | $1.33B | $1.29B |
| Key figures | |||||||
| Total debt | $292.4M | $208.9M | $524.1M | $283.5M | $219.4M | $265.3M | $30.4M |
| Net cash (debt) | −$233.0M | −$149.5M | −$390.8M | −$195.6M | −$131.6M | −$186.7M | $89.9M |
| Working capital | $1.27B | $1.27B | $1.46B | $1.38B | $1.38B | $1.08B | $1.05B |
| Tangible book value | $1.62B | $1.62B | $1.50B | $1.47B | $1.47B | $1.21B | $1.17B |
| Book value per share | $109.86 | $115.60 | $144.83 | $142.49 | $158.02 | $132.02 | $99.04 |
| Shares outstanding | 15.8M | 15.0M | 11.2M | 11.2M | 10.1M | 10.1M | 13.0M |
| Current ratio | 8.83 | 8.83 | 15.40 | 10.62 | 10.62 | 9.07 | 7.66 |
| Quick ratio | 8.82 | 0.41 | 15.71 | 10.59 | 0.66 | 9.07 | 0.80 |
| Debt / equity | 0.17 | 0.12 | 0.32 | 0.18 | 0.14 | 0.20 | 0.02 |
| Equity / assets | 75.5% | 75.5% | 73.8% | 76.9% | 76.9% | 78.1% | 86.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 29, 2026); data from EODHD.
AMTD financial position
At the end of fiscal 2025 (December 31, 2025), AMTD IDEA had total assets of $2.3 billion (up 11.1% from a year earlier), total liabilities of $385.4 million and shareholders' equity of $1.7 billion. It held $59.4 million in cash and short-term investments against $292.4 million of debt, net debt of $233.0 million. Its current ratio was 8.83. In the latest quarter (ended March 31, 2026) total assets were $2.3 billion and equity $1.7 billion.
Related: AMTD income statement, AMTD cash flow statement, AMTD key metrics. See the AMTD stock overview for the latest quote and news.
AMTD balance sheet FAQ
What are AMTD IDEA's total assets?
AMTD IDEA reported total assets of $2.3 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.1 billion a year earlier.
How much debt does AMTD IDEA have?
AMTD IDEA had $292.4 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.17.
How much cash does AMTD IDEA have?
AMTD IDEA held $59.4 million in cash and short-term investments at the end of fiscal 2025; with $292.4 million of debt that is net debt of $233.0 million.
What is AMTD IDEA's book value?
AMTD IDEA's shareholders' equity (book value) was $1.7 billion at the end of fiscal 2025, or $115.60 per share.
What is AMTD IDEA's current ratio?
AMTD IDEA had current assets of $1.4 billion and current liabilities of $162.4 million, a current ratio of 8.83 (it can cover its short-term obligations).
How much goodwill does AMTD IDEA have?
AMTD IDEA carried $119.1 million of goodwill and intangible assets, 5.2% of total assets, at the end of fiscal 2025.