Avax One Technology Ltd. (AVX) Balance Sheet
AVX balance sheet, 2025
December 31, 2025 · U.S. dollars$195.0M assets = $8.0M liabilities + $187.0M equity
Both columns are drawn to the same scale: what AVX owns equals what it owes plus shareholders’ equity. Hover a block for its value.
AVX financial health
Descriptive bands, not a rating. Fiscal 2025.
AVX balance sheet trends, 2018–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $224,1072018 | $195.0M2025 | +163.0%/yr | |
| Total liabilities | $264,1912018 | $8.0M2025 | +62.7%/yr | |
| Shareholders’ equity | −$40,0842018 | $187.0M2025 | — | |
| Cash & short-term investments | $79,0152018 | $22.1M2025 | +123.7%/yr | |
| Total debt | $31,4172020 | $6.7M2025 | +191.9%/yr | |
| Net cash (debt) | $621,9932020 | $15.5M2025 | +$14.9M | |
| Working capital | −$67,9932018 | $25.5M2025 | +$25.6M | |
| Current ratio | 0.742018 | 4.192025 | +3.45 | |
| Debt / equity | 0.022020 | 0.042025 | +0.01 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
AVX assets
AVX liabilities and equity
AVX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
AVX balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & short-term investments | $22.1M | $489,868 | $3.9M | $2.3M | $7.8M | $653,410 | $2.2M | $79,015 |
| Cash & equivalents | $22.1M | $489,868 | $3.9M | $2.3M | $7.8M | $653,410 | $2.2M | $79,015 |
| Receivables | $75,262 | $189,369 | $30,859 | $48,941 | $32,326 | $8,973 | $47,697 | $36,874 |
| Inventory | $0 | $42,443 | $38,857 | $548,833 | $246,445 | $170,000 | $0 | $57,558 |
| Other current assets | $11.3M | $559,271 | $272,872 | $49,509 | $62,595 | $43,038 | $97,817 | $22,751 |
| Total current assets | $33.5M | $1.3M | $4.2M | $2.9M | $8.1M | $875,421 | $2.3M | $196,198 |
| Property, plant & equipment (net) | $4.2M | $808,895 | $125,367 | $3.8M | $2.1M | $2.1M | $2.1M | $27,909 |
| Goodwill & intangible assets | $1.9M | $8.1M | $12.7M | $13.1M | $1.5M | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $223,801 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $155.3M | $539,338 | $63,708 | $2.1M | $50,608 | $390,932 | $0 | $0 |
| Total assets | $195.0M | $10.8M | $17.4M | $21.8M | $11.8M | $3.4M | $4.4M | $224,107 |
| Liabilities | ||||||||
| Accounts payable | $545,286 | $597,057 | $578,128 | $498,188 | $551,285 | $991,565 | $958,282 | $181,262 |
| Short-term debt | $6.7M | $1.4M | $4.1M | $4.2M | — | — | — | — |
| Total current liabilities | $8.0M | $4.3M | $6.0M | $5.4M | $2.3M | $1.9M | $1.4M | $264,191 |
| Long-term debt | $0 | $41,699 | $45,365 | $44,300 | $47,326 | $0 | $0 | $0 |
| Lease obligations | — | — | $0 | $1.5M | $0 | — | — | — |
| Other long-term liabilities | $0 | $290,766 | $2.7M | $5.9M | $1.4M | $31,417 | $0 | $181,262 |
| Total liabilities | $8.0M | $4.7M | $8.8M | $11.3M | $3.8M | $2.0M | $1.4M | $264,191 |
| Shareholders' equity | ||||||||
| Common stock & paid-in capital | $283.3M | $65.0M | $49.8M | $27.1M | $25.6M | $5.7M | $3.7M | $2.4M |
| Retained earnings (deficit) | −$94.0M | −$60.8M | −$44.5M | −$32.8M | −$19.9M | −$12.5M | −$8.4M | −$2.7M |
| Accumulated other comprehensive income | −$1.1M | −$1.2M | −$229,502 | −$642,710 | −$33,086 | $213,938 | $164,910 | $10,900 |
| Total shareholders' equity | $187.0M | $6.1M | $8.6M | $10.5M | $8.0M | $1.4M | $3.0M | −$40,084 |
| Key figures | ||||||||
| Total debt | $6.7M | $1.5M | $4.1M | $5.5M | $47,326 | $31,417 | — | — |
| Net cash (debt) | $15.5M | −$995,040 | −$251,430 | −$3.2M | $7.7M | $621,993 | — | — |
| Working capital | $25.5M | −$3.0M | −$1.8M | −$2.4M | $5.8M | −$1.1M | $928,821 | −$67,993 |
| Tangible book value | $185.0M | −$2.0M | −$4.2M | −$2.5M | $6.5M | $1.4M | $3.0M | −$40,084 |
| Current ratio | 4.19 | 0.30 | 0.70 | 0.54 | 3.55 | 0.45 | 1.68 | 0.74 |
| Quick ratio | 2.78 | 0.16 | 0.65 | 0.43 | 3.42 | 0.34 | 1.60 | 0.44 |
| Debt / equity | 0.04 | 0.24 | 0.48 | 0.52 | 0.01 | 0.02 | — | — |
| Equity / assets | 95.9% | 56.8% | 49.3% | 48.3% | 68.0% | 41.7% | 68.5% | −17.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $16.8M | $21.9M | $22.1M | $894,701 | $185,313 | $1.4M | $489,868 | $1.4M | $2.9M | $2.9M | $586,565 | $1.0M |
| Cash & equivalents | $16.8M | $21.9M | $22.1M | $894,701 | $185,313 | $1.4M | $489,868 | $1.4M | $2.9M | $2.9M | $586,565 | $1.0M |
| Short-term investments | $4.7M | $7.3M | — | $1.1M | — | — | — | — | — | — | — | — |
| Receivables | $6.4M | $6.0M | $75,262 | $245,935 | $242,238 | $200,999 | $0 | $23,809 | $33,686 | $47,166 | $74,735 | $61,798 |
| Inventory | $0 | $0 | $0 | $5,961 | $5,961 | $42,481 | $42,443 | $47,174 | $115,539 | $380,730 | $38,167 | $408,210 |
| Other current assets | $9.0M | $11.0M | $11.3M | $1.8M | $967,591 | $1.3M | $748,640 | $499,682 | $186,691 | $14,547 | $460,967 | $13,378 |
| Total current assets | $32.2M | $38.9M | $33.5M | $3.0M | $1.4M | $2.9M | $1.3M | $1.9M | $3.3M | $3.3M | $1.2M | $1.5M |
| Property, plant & equipment (net) | $6.0M | $6.3M | $4.2M | $4.7M | $4.8M | $3.9M | $808,895 | $114,893 | $114,999 | $116,650 | $3.6M | $3.7M |
| Goodwill & intangible assets | $83.4M | $110.3M | $157.2M | $8.8M | $9.0M | $10.0M | $7.8M | $8.7M | $12.0M | $12.3M | $12.6M | $13.1M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $18.2M | $20.3M | $50,079 | $50,079 | $50,079 | $50,079 | $834,279 | $48,206 | $295,156 | $298,140 | $0 | $0 |
| Total assets | $139.8M | $175.7M | $195.0M | $16.5M | $15.2M | $16.8M | $10.8M | $10.8M | $15.7M | $16.0M | $17.3M | $18.2M |
| Liabilities | ||||||||||||
| Accounts payable | $867,000 | $782,000 | $545,286 | $1.2M | $1.9M | $964,780 | $597,057 | $612,070 | $409,147 | $616,491 | $1.2M | $717,428 |
| Short-term debt | $13.2M | $12.7M | $6.7M | $1.6M | $8.2M | $4.6M | — | $1.1M | $925,882 | $2.1M | $4.9M | $5.5M |
| Deferred revenue | — | — | — | — | — | — | — | — | — | $29,815 | $23,262 | — |
| Total current liabilities | $14.9M | $14.3M | $8.0M | $4.3M | $11.1M | $8.5M | $4.3M | $3.2M | $2.6M | $4.0M | $6.9M | $7.0M |
| Long-term debt | $0 | $0 | $0 | $41,736 | $41,736 | $41,736 | $41,699 | $44,448 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $14.3M | $0 | $0 | $73,630 | $1.9M | $290,766 | $917,746 | $1.7M | $3.0M | $3.1M | $3.9M |
| Total liabilities | $14.9M | $14.3M | $8.0M | $4.4M | $11.2M | $10.4M | $4.7M | $4.1M | $4.3M | $7.0M | $10.0M | $10.9M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $282.1M | $283.3M | $283.3M | $84.4M | $68.3M | $65.4M | — | $62.1M | $61.1M | $53.9M | $41.9M | $33.1M |
| Retained earnings (deficit) | −$175.5M | −$140.4M | −$94.0M | −$77.3M | −$69.0M | −$60.9M | −$60.8M | −$57.9M | −$52.1M | −$47.8M | −$40.5M | −$37.0M |
| Accumulated other comprehensive income | −$1.1M | −$1.1M | −$1.1M | −$1.1M | −$1.1M | −$1.1M | — | −$555,295 | −$735,245 | −$606,501 | −$557,991 | −$331,705 |
| Total shareholders' equity | $124.9M | $161.4M | $187.0M | $12.2M | $4.1M | $6.4M | $6.1M | $6.7M | $11.3M | $8.9M | $7.4M | $7.3M |
| Key figures | ||||||||||||
| Total debt | $13.2M | $12.7M | $6.7M | $1.7M | $8.2M | $4.6M | $41,699 | $1.1M | $969,719 | $2.1M | $6.1M | $6.7M |
| Net cash (debt) | $3.6M | $9.2M | $15.5M | −$794,713 | −$8.0M | −$3.3M | $448,169 | $234,939 | $2.0M | $748,366 | −$5.5M | −$5.7M |
| Working capital | $17.3M | $24.6M | $25.5M | −$1.3M | −$9.7M | −$5.6M | −$3.0M | −$1.2M | $631,256 | −$732,557 | −$5.7M | −$5.5M |
| Tangible book value | $41.4M | $51.1M | $29.8M | $3.4M | −$4.9M | −$3.6M | −$1.7M | −$2.0M | −$658,185 | −$3.3M | −$5.3M | −$5.7M |
| Book value per share | $15.69 | $19.86 | — | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 8.0M | 8.1M | — | — | — | — | — | — | — | — | — | — |
| Current ratio | 2.16 | 2.72 | 4.19 | 0.69 | 0.13 | 0.34 | 0.30 | 0.62 | 1.24 | 0.82 | 0.17 | 0.21 |
| Quick ratio | 1.56 | 1.95 | 2.78 | 0.26 | 0.04 | 0.18 | 0.11 | 0.44 | 1.12 | 0.72 | 0.10 | 0.15 |
| Debt / equity | 0.11 | 0.08 | 0.04 | 0.14 | 2.02 | 0.72 | 0.01 | 0.17 | 0.09 | 0.24 | 0.83 | 0.92 |
| Equity / assets | 89.3% | 91.9% | 95.9% | 73.6% | 26.6% | 38.1% | 56.8% | 61.8% | 72.3% | 55.9% | 42.4% | 40.1% |
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.
AVX financial position
At the end of fiscal 2025 (December 31, 2025), Avax One Technology had total assets of $195.0 million (up 1,711.3% from a year earlier), total liabilities of $8.0 million and shareholders' equity of $187.0 million. It held $22.1 million in cash and short-term investments against $6.7 million of debt, a net cash position of $15.5 million. Its current ratio was 4.19. In the latest quarter (ended June 30, 2026) total assets were $139.8 million and equity $124.9 million.
Related: AVX income statement, AVX cash flow statement, AVX key metrics. See the AVX stock overview for the latest quote and news.
AVX balance sheet FAQ
What are Avax One Technology's total assets?
Avax One Technology reported total assets of $195.0 million at the end of fiscal 2025 (December 31, 2025), compared with $10.8 million a year earlier.
How much debt does Avax One Technology have?
Avax One Technology had $6.7 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.04.
How much cash does Avax One Technology have?
Avax One Technology held $22.1 million in cash and short-term investments at the end of fiscal 2025; with $6.7 million of debt that is net cash of $15.5 million.
What is Avax One Technology's book value?
Avax One Technology's shareholders' equity (book value) was $187.0 million at the end of fiscal 2025.
What is Avax One Technology's current ratio?
Avax One Technology had current assets of $33.5 million and current liabilities of $8.0 million, a current ratio of 4.19 (it can cover its short-term obligations).
How much goodwill does Avax One Technology have?
Avax One Technology carried $1.9 million of goodwill and intangible assets, 1.0% of total assets, at the end of fiscal 2025.