American Rebel Holdings, Inc. (AREB) Balance Sheet
AREB balance sheet, 2025
December 31, 2025 · U.S. dollars$31.8M assets = $27.4M liabilities + $4.4M equity
Both columns are drawn to the same scale: what AREB owns equals what it owes plus shareholders’ equity. Hover a block for its value.
AREB financial health
Descriptive bands, not a rating. Fiscal 2025.
AREB balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $505,5612016 | $31.8M2025 | +58.4%/yr | |
| Total liabilities | $1.2M2016 | $27.4M2025 | +42.2%/yr | |
| Shareholders’ equity | −$646,2672016 | $4.4M2025 | — | |
| Cash & short-term investments | $4702016 | $147,5862025 | +89.4%/yr | |
| Total debt | $988,0302016 | $22.3M2025 | +41.4%/yr | |
| Net cash (debt) | −$987,5602016 | −$22.1M2025 | −$21.2M | |
| Working capital | −$915,4552016 | −$20.3M2025 | −$19.4M | |
| Current ratio | 0.212016 | 0.222025 | +0.01 | |
| Debt / equity | 0.232022 | 5.092025 | +4.86 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
AREB assets
AREB liabilities and equity
AREB debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
AREB balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $147,586 | $287,546 | $1.1M | $356,754 | $17,607 | $60,899 | $131,656 | $19,631 | $70,798 | $470 |
| Cash & equivalents | $147,586 | $287,546 | $1.1M | $356,754 | $17,607 | $60,899 | $131,656 | $19,631 | $70,798 | $470 |
| Short-term investments | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Receivables | $949,515 | $1.2M | $2.7M | $1.6M | $100,746 | $176,844 | $228,890 | $682 | $0 | $0 |
| Inventory | $2.8M | $4.6M | $5.6M | $7.7M | $685,854 | $822,873 | $897,486 | $768,883 | $550,673 | $222,874 |
| Other current assets | $1.8M | $311,878 | $67,322 | $207,052 | $163,492 | $48,640 | $542,800 | $117,300 | $116,156 | $13,030 |
| Total current assets | $5.6M | $6.3M | $9.4M | $9.9M | $967,699 | $1.1M | $1.8M | $906,496 | $737,627 | $236,374 |
| Property, plant & equipment (net) | $16.6M | $3.2M | $1.6M | $2.4M | $900 | $5,266 | $66,990 | $129,018 | $191,046 | $234,188 |
| Goodwill & intangible assets | $400,000 | $2.5M | $2.5M | $6.3M | $0 | $0 | $0 | $0 | $0 | $423 |
| Long-term investments | $6.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $35,000 |
| Other non-current assets | $2.7M | $0 | $0 | $0 | $0 | $6,841 | $6,841 | $6,840 | $6,841 | $0 |
| Total assets | $31.8M | $10.0M | $11.5M | $16.6M | $968,599 | $1.1M | $1.9M | $1.0M | $935,514 | $505,561 |
| Liabilities | ||||||||||
| Accounts payable | $3.5M | $3.2M | $2.0M | $2.2M | $1.0M | $540,168 | $684,126 | $319,623 | $285,419 | $163,799 |
| Short-term debt | $20.8M | $8.4M | $4.1M | $1.6M | $3.9M | $4.7M | $3.6M | $1.3M | $513,339 | $988,030 |
| Deferred revenue | $369,607 | $286,716 | $1 | — | −$1.0M | −$540,168 | −$684,126 | — | −$1.0M | −$1.2M |
| Total current liabilities | $26.0M | $15.3M | $6.9M | $4.2M | $5.1M | $5.8M | $4.6M | $1.8M | $1.0M | $1.2M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $297,890 | $207,890 | $0 | $0 | $0 |
| Lease obligations | $2.3M | $3.0M | $1.9M | $2.0M | $0 | — | — | $0 | $0 | $0 |
| Other long-term liabilities | $1.5M | $2.4M | $602,278 | $984,833 | $4.1M | $0 | $0 | $117,890 | $2.1M | $600,000 |
| Total liabilities | $27.4M | $17.6M | $7.5M | $5.2M | $5.1M | $6.1M | $4.8M | $1.9M | $3.2M | $1.2M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $3 | $77 | $26 | $677 | $1,597 | $910 | $43,062 | $29,912 | $23,771 | $14,621 |
| Retained earnings (deficit) | −$99.4M | −$65.1M | −$47.5M | −$34.1M | −$27.0M | −$20.9M | −$14.9M | −$7.3M | −$5.3M | −$2.3M |
| Treasury stock | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Accumulated other comprehensive income | — | — | −$9,005 | $0 | $0 | $0 | — | −$1 | −$119,101 | $0 |
| Minority interest | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Total shareholders' equity | $4.4M | −$7.6M | $4.1M | $11.4M | −$4.2M | −$5.0M | −$2.9M | −$870,312 | −$2.2M | −$646,267 |
| Key figures | ||||||||||
| Total debt | $22.3M | $10.8M | $4.7M | $2.6M | $3.9M | $5.0M | $3.8M | $1.4M | $2.6M | $988,030 |
| Net cash (debt) | −$22.1M | −$10.5M | −$3.7M | −$2.2M | −$3.9M | −$4.9M | −$3.7M | −$1.4M | −$2.6M | −$987,560 |
| Working capital | −$20.3M | −$8.9M | $2.5M | $5.7M | −$4.2M | −$4.7M | −$2.8M | −$888,280 | −$302,024 | −$915,455 |
| Tangible book value | $4.0M | −$10.1M | $1.6M | $5.1M | −$4.2M | −$5.0M | −$2.9M | −$870,312 | −$2.2M | −$646,690 |
| Current ratio | 0.22 | 0.41 | 1.37 | 2.35 | 0.19 | 0.19 | 0.39 | 0.51 | 0.71 | 0.21 |
| Quick ratio | 0.04 | 0.10 | 0.55 | 0.47 | 0.02 | 0.04 | 0.08 | 0.01 | 0.07 | 0.00 |
| Debt / equity | 5.09 | — | 1.17 | 0.23 | — | — | — | — | — | — |
| Equity / assets | 13.8% | −76.3% | 35.3% | 68.6% | −430.6% | −447.0% | −157.2% | −83.5% | −239.3% | −127.8% |
| 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 | $96,455 | $475,793 | $147,586 | $722,233 | $457,212 | $340,661 | $127,688 | $127,688 | $452,785 | $674,893 | $1.1M | $1.6M |
| Cash & equivalents | $96,455 | $475,793 | $147,586 | $722,233 | $457,212 | $340,661 | $127,688 | $127,688 | $452,785 | $674,893 | $1.1M | $1.6M |
| Receivables | $603,562 | $692,715 | $949,515 | $721,207 | $1.5M | $1.3M | $1.9M | $1.9M | $2.1M | $3.0M | $2.7M | $2.6M |
| Inventory | $1.8M | $2.4M | $2.8M | $3.6M | $3.6M | $4.2M | $5.3M | $5.3M | $6.7M | $6.8M | $5.6M | $8.8M |
| Other current assets | $1.1M | $2.0M | $1.8M | $4.0M | $6.1M | $369,699 | $85,131 | $85,131 | $191,605 | $208,405 | $89,290 | $166,137 |
| Total current assets | $3.6M | $5.5M | $5.6M | $9.0M | $11.6M | $6.2M | $7.4M | $7.4M | $9.5M | $10.7M | $9.4M | $13.3M |
| Property, plant & equipment (net) | $15.9M | $14.2M | $16.6M | $16.7M | $2.9M | $3.1M | $922,228 | $957,884 | $1.6M | $2.0M | $1.6M | $1.6M |
| Goodwill & intangible assets | $375,000 | $387,500 | $400,000 | $412,500 | $425,000 | $437,500 | $462,500 | $0 | $4.0M | $2.5M | $500,000 | $9.1M |
| Long-term investments | $6.5M | $6.5M | $6.5M | $5.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1.3M | $4.1M | $2.7M | $71,930 | $66,373 | $8,455 | $35,656 | $462,500 | $0 | $0 | $0 | $0 |
| Total assets | $27.7M | $30.7M | $31.8M | $31.7M | $15.0M | $9.7M | $8.9M | $8.9M | $13.2M | $14.7M | $11.5M | $19.5M |
| Liabilities | ||||||||||||
| Accounts payable | $4.8M | $4.0M | $3.5M | $3.3M | $3.0M | $3.4M | $3.3M | $3.3M | $2.5M | $2.5M | $2.0M | $2.1M |
| Short-term debt | $15.8M | $16.5M | $20.8M | $20.8M | $10.1M | $8.1M | $7.1M | — | $7.3M | $5.7M | — | $3.7M |
| Deferred revenue | $405,050 | $391,912 | $369,607 | — | $332,194 | $279,076 | — | — | — | $1 | — | −$3.4M |
| Total current liabilities | $23.0M | $22.2M | $26.0M | $26.7M | $16.3M | $15.6M | $12.2M | $12.2M | $10.1M | $8.5M | $6.9M | $5.9M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $1.8M | $2.1M | $2.3M | $2.5M | $2.7M | $2.8M | $3.0M | $692,739 | $1.3M | $1.6M | $1.3M | $1.2M |
| Other long-term liabilities | $1.1M | $1.3M | $1.5M | $1.7M | $1.9M | $2.1M | $472,155 | $472,155 | $521,609 | $832,777 | $602,278 | $439,482 |
| Total liabilities | $24.1M | $23.5M | $27.4M | $28.4M | $18.2M | $17.7M | $12.7M | $12.7M | $10.6M | $9.3M | $7.5M | $6.4M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $21,004 | $233 | $3 | $529 | $6,863 | $710 | $12,524 | — | $5,880 | $22,130 | — | $5,875 |
| Retained earnings (deficit) | −$112.4M | −$106.4M | −$99.4M | −$93.5M | −$88.3M | −$70.1M | −$57.2M | −$57.2M | −$53.2M | −$47.9M | −$47.5M | −$37.7M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | −$5,880 | −$22,130 | — | $0 |
| Minority interest | −$13,575 | −$767 | — | — | — | — | — | — | — | — | — | — |
| Total shareholders' equity | $3.6M | $7.2M | $4.4M | $3.4M | −$3.1M | −$8.0M | −$3.8M | −$3.8M | $2.5M | $5.4M | $4.1M | $13.1M |
| Key figures | ||||||||||||
| Total debt | $16.9M | $17.8M | $22.3M | $22.5M | $12.0M | $10.1M | $7.6M | — | $7.8M | $6.5M | — | $4.2M |
| Net cash (debt) | −$16.8M | −$17.3M | −$22.1M | −$21.8M | −$11.6M | −$9.8M | −$7.5M | — | −$7.3M | −$5.8M | — | −$2.5M |
| Working capital | −$19.4M | −$16.7M | −$20.3M | −$17.7M | −$4.6M | −$9.4M | −$4.8M | −$4.8M | −$661,282 | $2.2M | $2.5M | $7.3M |
| Tangible book value | $3.2M | $6.8M | $4.0M | $3.0M | −$3.6M | −$8.5M | −$4.3M | −$3.8M | −$1.5M | $2.9M | $3.6M | $4.0M |
| Current ratio | 0.16 | 0.25 | 0.22 | 0.34 | 0.72 | 0.40 | 0.61 | 0.61 | 0.93 | 1.26 | 1.37 | 2.23 |
| Quick ratio | 0.03 | 0.05 | 0.04 | 0.05 | 0.12 | 0.10 | 0.17 | 0.17 | 0.26 | 0.43 | 0.55 | 0.72 |
| Debt / equity | 4.72 | 2.48 | 5.09 | 6.66 | — | — | — | — | 3.09 | 1.20 | — | 0.32 |
| Equity / assets | 12.9% | 23.4% | 13.8% | 10.6% | −20.8% | −82.6% | −43.3% | −43.3% | 19.1% | 36.9% | 35.3% | 67.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 31, 2026); data from EODHD.
AREB financial position
At the end of fiscal 2025 (December 31, 2025), American Rebel had total assets of $31.8 million (up 218.0% from a year earlier), total liabilities of $27.4 million and shareholders' equity of $4.4 million. It held $0.1 million in cash and short-term investments against $22.3 million of debt, net debt of $22.1 million. Its current ratio was 0.22. In the latest quarter (ended June 30, 2026) total assets were $27.7 million and equity $3.6 million.
Related: AREB income statement, AREB cash flow statement, AREB key metrics. See the AREB stock overview for the latest quote and news.
AREB balance sheet FAQ
What are American Rebel's total assets?
American Rebel reported total assets of $31.8 million at the end of fiscal 2025 (December 31, 2025), compared with $10.0 million a year earlier.
How much debt does American Rebel have?
American Rebel had $22.3 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 5.09.
How much cash does American Rebel have?
American Rebel held $0.1 million in cash and short-term investments at the end of fiscal 2025; with $22.3 million of debt that is net debt of $22.1 million.
What is American Rebel's book value?
American Rebel's shareholders' equity (book value) was $4.4 million at the end of fiscal 2025.
What is American Rebel's current ratio?
American Rebel had current assets of $5.6 million and current liabilities of $26.0 million, a current ratio of 0.22 (current liabilities exceed current assets).
How much goodwill does American Rebel have?
American Rebel carried $0.4 million of goodwill and intangible assets, 1.3% of total assets, at the end of fiscal 2025.