Alpha Pro Tech, Ltd. (APT) Balance Sheet
APT balance sheet, 2025
December 31, 2025 · U.S. dollars$74.1M assets = $11.7M liabilities + $62.5M equity
Both columns are drawn to the same scale: what APT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
APT financial health
Descriptive bands, not a rating. Fiscal 2025.
APT balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $35.9M2016 | $74.1M2025 | +8.4%/yr | |
| Total liabilities | $3.3M2016 | $11.7M2025 | +15.2%/yr | |
| Shareholders’ equity | $32.7M2016 | $62.5M2025 | +7.5%/yr | |
| Cash & short-term investments | $10.1M2016 | $17.0M2025 | +6.0%/yr | |
| Total debt | $02016 | $7.9M2025 | — | |
| Net cash (debt) | $10.1M2016 | $9.1M2025 | −$957,000 | |
| Working capital | $27.2M2016 | $48.5M2025 | +$21.3M | |
| Book value per share | $1.942016 | $5.922025 | +13.2%/yr | |
| Debt / equity | 0.002016 | 0.132025 | +0.13 | |
| Shares outstanding | 16.8M2016 | 10.6M2025 | −5.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
APT assets
APT liabilities and equity
APT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
APT balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $17.0M | $18.6M | $20.4M | $16.3M | $16.3M | $23.3M | $6.9M | $7.3M | $9.1M | $10.1M |
| Cash & equivalents | $17.0M | $18.6M | $20.4M | $16.3M | $16.3M | $23.3M | $6.5M | $7.0M | $8.8M | $9.5M |
| Short-term investments | — | — | — | — | — | $5.5M | $335,000 | $258,000 | $343,000 | $607,000 |
| Receivables | $6.9M | $4.9M | $6.5M | $7.0M | $4.8M | $9.0M | $4.3M | $5.3M | $5.0M | $4.8M |
| Inventory | $23.6M | $22.7M | $20.1M | $24.4M | $25.0M | $16.7M | $11.3M | $9.9M | $10.2M | $11.0M |
| Other current assets | $5.0M | $4.4M | $6.0M | $4.9M | $6.9M | $6.1M | $3.6M | $4.0M | $2.7M | $3.8M |
| Total current assets | $52.5M | $50.6M | $53.1M | $52.6M | $53.0M | $55.2M | $26.1M | $26.5M | $27.0M | $29.7M |
| Property, plant & equipment (net) | $16.0M | $17.2M | $10.4M | $7.5M | $8.7M | $7.9M | $7.1M | $3.2M | $3.2M | $2.6M |
| Goodwill & intangible assets | $55,000 | $55,000 | $55,000 | $56,000 | $58,000 | $62,000 | $66,000 | $71,000 | $76,000 | $89,000 |
| Long-term investments | $5.5M | $5.8M | $5.2M | $4.7M | $6.1M | $5.5M | $4.8M | $4.5M | $3.9M | $3.5M |
| Other non-current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19,000 | $0 |
| Total assets | $74.1M | $73.7M | $68.8M | $64.8M | $67.0M | $68.7M | $38.1M | $34.3M | $34.1M | $35.9M |
| Liabilities | ||||||||||
| Accounts payable | $2.0M | $1.3M | $802,000 | $674,000 | $528,000 | $2.0M | $501,000 | $578,000 | $1.2M | $101,000 |
| Short-term debt | $965,000 | $893,000 | $661,000 | $899,000 | $883,000 | $867,000 | $882,000 | $0 | $0 | $0 |
| Deferred revenue | — | — | — | $764,000 | — | $209,000 | — | — | — | — |
| Total current liabilities | $4.1M | $3.1M | $2.6M | $2.4M | $2.7M | $5.9M | $2.3M | $1.9M | $2.8M | $2.5M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $7.9M | $8.8M | $4.8M | $1.8M | $2.7M | $3.6M | $3.2M | — | — | — |
| Other long-term liabilities | $7.6M | $8.4M | $4.6M | $1.6M | $2.6M | $3.3M | $2.6M | $141,000 | $0 | $807,000 |
| Total liabilities | $11.7M | $11.5M | $7.2M | $4.0M | $5.3M | $9.1M | $4.9M | $2.1M | $2.8M | $3.3M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $101,000 | $108,000 | $114,000 | $123,000 | $132,000 | $135,000 | $129,000 | $135,000 | $143,000 | $154,000 |
| Retained earnings (deficit) | $48.5M | $47.3M | $46.6M | $45.0M | $62.5M | $59.0M | $32.4M | $29.4M | $26.2M | $22.7M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$1.9M | −$1.5M | −$1.4M | −$1.5M | −$869,000 | $0 | −$11.1M | $0 | −$458,000 | −$204,000 |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $62.5M | $62.2M | $61.6M | $60.8M | $61.8M | $59.5M | $33.2M | $32.2M | $31.3M | $32.7M |
| Key figures | ||||||||||
| Total debt | $7.9M | $8.8M | $4.8M | $1.8M | $2.7M | $3.6M | $3.2M | $0 | $0 | $0 |
| Net cash (debt) | $9.1M | $9.9M | $15.5M | $14.5M | $13.6M | $19.7M | $3.7M | $7.3M | $9.1M | $10.1M |
| Working capital | $48.5M | $47.5M | $50.5M | $50.2M | $50.3M | $49.3M | $23.8M | $24.5M | $24.2M | $27.2M |
| Tangible book value | $62.4M | $62.2M | $61.5M | $60.7M | $61.7M | $59.5M | $33.2M | $32.1M | $31.2M | $32.6M |
| Book value per share | $5.92 | $5.54 | $5.19 | $4.75 | $4.57 | $4.26 | $2.52 | $2.31 | $2.09 | $1.94 |
| Shares outstanding | 10.6M | 11.2M | 11.9M | 12.8M | 13.5M | 14.0M | 13.2M | 14.0M | 15.0M | 16.8M |
| Current ratio | 12.94 | 16.21 | 20.68 | 21.85 | 19.92 | 9.43 | 11.32 | 13.78 | 9.63 | 12.03 |
| Quick ratio | 5.90 | 7.53 | 10.49 | 9.67 | 7.92 | 5.52 | 4.85 | 6.55 | 5.02 | 6.04 |
| Debt / equity | 0.13 | 0.14 | 0.08 | 0.03 | 0.04 | 0.06 | 0.10 | 0.00 | 0.00 | 0.00 |
| Equity / assets | 84.3% | 84.4% | 89.5% | 93.8% | 92.1% | 86.7% | 87.2% | 94.0% | 91.8% | 90.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $18.9M | $16.9M | $17.0M | $17.7M | $14.5M | $13.4M | $18.6M | $18.4M | $16.2M | $18.5M | $20.4M | $18.2M |
| Cash & equivalents | $18.9M | $16.9M | $17.0M | $17.7M | $14.5M | $13.4M | $18.6M | $18.4M | $16.2M | $18.5M | $20.4M | $18.2M |
| Receivables | $11.1M | $9.3M | $6.9M | $5.5M | $9.8M | $7.7M | $4.9M | $6.3M | $8.8M | $7.5M | $6.5M | $8.4M |
| Inventory | $18.6M | $22.0M | $23.6M | $23.5M | $22.4M | $23.6M | $22.7M | $21.1M | $20.8M | $20.8M | $20.1M | $21.5M |
| Other current assets | $5.5M | $3.6M | $5.0M | $5.1M | $3.9M | $4.8M | $4.4M | $5.7M | $6.8M | $5.6M | $6.0M | $4.6M |
| Total current assets | $54.2M | $51.9M | $52.5M | $51.7M | $50.5M | $49.3M | $50.6M | $51.4M | $52.6M | $52.4M | $53.1M | $52.7M |
| Property, plant & equipment (net) | $8.0M | $15.6M | $16.0M | $16.2M | $16.6M | $16.9M | $17.2M | $16.2M | $14.5M | $14.9M | $10.4M | $6.8M |
| Goodwill & intangible assets | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 |
| Long-term investments | $5.6M | $5.4M | $5.5M | $5.8M | $6.0M | $5.9M | $5.8M | $5.7M | $5.5M | $5.4M | $5.2M | $5.1M |
| Other non-current assets | $7.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $75.3M | $73.0M | $74.1M | $73.9M | $73.2M | $72.2M | $73.7M | $73.3M | $72.7M | $72.7M | $68.8M | $64.6M |
| Liabilities | ||||||||||||
| Accounts payable | $1.2M | $934,000 | $2.0M | $1.7M | $1.4M | $887,000 | $1.3M | $934,000 | $343,000 | $713,000 | $802,000 | $320,000 |
| Short-term debt | $1.1M | $971,000 | $965,000 | $951,000 | $941,000 | $917,000 | $893,000 | $871,000 | $868,000 | $903,000 | $661,000 | $777,000 |
| Total current liabilities | $3.2M | $2.6M | $4.1M | $3.7M | $3.0M | $2.3M | $3.1M | $2.7M | $1.9M | $2.1M | $2.6M | $2.0M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $7.6M | $7.6M | $7.9M | $8.1M | $8.3M | $8.6M | $8.8M | $9.0M | $9.2M | $9.5M | $4.8M | $1.3M |
| Other long-term liabilities | $7.2M | $7.4M | $7.6M | $7.7M | $7.9M | $8.1M | $8.4M | $8.6M | $8.8M | $9.0M | $4.6M | $1.2M |
| Total liabilities | $10.4M | $10.0M | $11.7M | $11.3M | $10.9M | $10.5M | $11.5M | $11.3M | $10.6M | $11.1M | $7.2M | $3.2M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $101,000 | $101,000 | $101,000 | $103,000 | $104,000 | $106,000 | $108,000 | $110,000 | $111,000 | $114,000 | $114,000 | $117,000 |
| Retained earnings (deficit) | $51.0M | $49.2M | $48.5M | $48.3M | $47.7M | $47.0M | $47.3M | $46.9M | $46.8M | $46.1M | $46.6M | $62.8M |
| Accumulated other comprehensive income | −$2.2M | −$2.2M | −$1.9M | −$1.8M | −$1.6M | −$1.6M | −$1.5M | −$1.4M | −$1.5M | −$1.4M | −$1.4M | −$1.5M |
| Total shareholders' equity | $64.9M | $63.0M | $62.5M | $62.5M | $62.2M | $61.7M | $62.2M | $62.1M | $62.0M | $61.6M | $61.6M | $61.4M |
| Key figures | ||||||||||||
| Total debt | $7.6M | $7.6M | $7.9M | $8.1M | $8.3M | $8.6M | $8.8M | $9.0M | $9.2M | $9.5M | $4.8M | $1.3M |
| Net cash (debt) | $11.3M | $9.2M | $9.1M | $9.6M | $6.1M | $4.8M | $9.9M | $9.4M | $7.0M | $9.0M | $15.5M | $16.9M |
| Working capital | $51.0M | $49.3M | $48.5M | $48.1M | $47.5M | $47.0M | $47.5M | $48.7M | $50.7M | $50.3M | $50.5M | $50.7M |
| Tangible book value | $64.9M | $63.0M | $62.4M | $62.5M | $62.2M | $61.7M | $62.2M | $62.0M | $62.0M | $61.6M | $61.5M | $61.3M |
| Book value per share | $6.27 | $6.10 | $5.92 | $5.88 | $5.87 | $5.70 | $5.63 | $5.55 | $5.53 | $5.41 | $5.34 | $5.21 |
| Shares outstanding | 10.3M | 10.3M | 10.6M | 10.6M | 10.6M | 10.8M | 11.0M | 11.2M | 11.2M | 11.4M | 11.5M | 11.8M |
| Current ratio | 17.04 | 19.81 | 12.94 | 14.10 | 16.76 | 21.40 | 16.21 | 19.00 | 28.43 | 25.37 | 20.68 | 26.58 |
| Quick ratio | 9.45 | 10.01 | 5.90 | 6.31 | 8.04 | 9.12 | 7.53 | 9.11 | 13.54 | 12.59 | 10.49 | 13.42 |
| Debt / equity | 0.12 | 0.12 | 0.13 | 0.13 | 0.13 | 0.14 | 0.14 | 0.14 | 0.15 | 0.15 | 0.08 | 0.02 |
| Equity / assets | 86.2% | 86.3% | 84.3% | 84.7% | 85.1% | 85.5% | 84.4% | 84.6% | 85.4% | 84.8% | 89.5% | 95.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 11, 2026); data from EODHD.
APT financial position
At the end of fiscal 2025 (December 31, 2025), Alpha Pro Tech had total assets of $74.1 million (up 0.5% from a year earlier), total liabilities of $11.7 million and shareholders' equity of $62.5 million. It held $17.0 million in cash and short-term investments against $7.9 million of debt, a net cash position of $9.1 million. Its current ratio was 12.94. In the latest quarter (ended June 30, 2026) total assets were $75.3 million and equity $64.9 million.
Related: APT income statement, APT cash flow statement, APT key metrics. See the APT stock overview for the latest quote and news.
APT balance sheet FAQ
What are Alpha Pro Tech's total assets?
Alpha Pro Tech reported total assets of $74.1 million at the end of fiscal 2025 (December 31, 2025), compared with $73.7 million a year earlier.
How much debt does Alpha Pro Tech have?
Alpha Pro Tech had $7.9 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.13.
How much cash does Alpha Pro Tech have?
Alpha Pro Tech held $17.0 million in cash and short-term investments at the end of fiscal 2025; with $7.9 million of debt that is net cash of $9.1 million.
What is Alpha Pro Tech's book value?
Alpha Pro Tech's shareholders' equity (book value) was $62.5 million at the end of fiscal 2025, or $5.92 per share.
What is Alpha Pro Tech's current ratio?
Alpha Pro Tech had current assets of $52.5 million and current liabilities of $4.1 million, a current ratio of 12.94 (it can cover its short-term obligations).
How much goodwill does Alpha Pro Tech have?
Alpha Pro Tech carried $0.1 million of goodwill and intangible assets, 0.1% of total assets, at the end of fiscal 2025.