AMREP Corporation (AXR) Balance Sheet
AXR balance sheet, FY2026
April 30, 2026 · U.S. dollars$147.3M assets = $6.6M liabilities + $140.7M equity
Both columns are drawn to the same scale: what AXR owns equals what it owes plus shareholders’ equity. Hover a block for its value.
AXR financial health
Descriptive bands, not a rating. Fiscal FY2026.
AXR balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $106.7MFY2017 | $147.3MFY2026 | +3.7%/yr | |
| Total liabilities | $21.8MFY2017 | $6.6MFY2026 | −12.4%/yr | |
| Shareholders’ equity | $84.8MFY2017 | $140.7MFY2026 | +5.8%/yr | |
| Cash & short-term investments | $11.8MFY2017 | $52.7MFY2026 | +18.1%/yr | |
| Total debt | $266,000FY2017 | $167,000FY2026 | −5.0%/yr | |
| Net cash (debt) | $11.5MFY2017 | $52.5MFY2026 | +$41.0M | |
| Working capital | $71.4MFY2017 | $52.7MFY2026 | −$18.8M | |
| Book value per share | $10.50FY2017 | $26.10FY2026 | +10.6%/yr | |
| Debt / equity | 0.00FY2017 | 0.00FY2026 | 0.00 | |
| Shares outstanding | 8.1MFY2017 | 5.4MFY2026 | −4.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
AXR assets
AXR liabilities and equity
AXR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
AXR balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $52.7M | $39.9M | $29.7M | $20.0M | $15.7M | $24.8M | $17.5M | $13.3M | $14.0M | $11.8M |
| Cash & equivalents | $52.7M | $39.9M | $29.7M | $20.0M | $15.7M | $24.8M | $17.5M | $13.3M | $14.0M | $11.8M |
| Short-term investments | — | — | — | — | $9.0M | — | — | — | $0 | $0 |
| Receivables | −$104,000 | $317,000 | $27,000 | $41,000 | $50,000 | $37,000 | $57,000 | $283,000 | $6.1M | $6.4M |
| Inventory | $66.6M | $66.8M | $66.0M | $65.6M | $67.2M | $55.6M | $53.4M | $57.8M | $58.9M | $56.1M |
| Other current assets | $0 | $470,000 | $1.5M | $2.3M | $456,000 | $324,000 | $934,000 | $1.8M | $1.6M | $1.5M |
| Total current assets | $52.7M | $107.5M | $97.2M | $87.9M | $83.5M | $80.8M | $71.9M | $73.1M | $80.6M | $75.8M |
| Property, plant & equipment (net) | $2.3M | $2.2M | $1.8M | $1.4M | $1.4M | $112,000 | $109,000 | −$4.5M | $9.7M | $10.9M |
| Goodwill & intangible assets | $0 | $0 | $11.0M | $12.5M | $958,000 | $2.7M | $6.1M | $4.5M | $2.3M | $4.6M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $92.4M | $24.1M | $12.8M | $14.1M | $9.1M | $13.8M | $18.5M | $27.4M | $13.2M | $15.5M |
| Total assets | $147.3M | $133.8M | $122.8M | $115.9M | $94.9M | $97.4M | $96.7M | $100.5M | $105.9M | $106.7M |
| Liabilities | ||||||||||
| Accounts payable | $176,000 | $1.3M | $2.1M | $1.9M | $3.5M | $2.0M | $3.1M | $2.4M | $8.2M | $6.8M |
| Short-term debt | $8,000 | $8,000 | $27,000 | $44,000 | $2.0M | $1.2M | $3.9M | $0 | $1.8M | $0 |
| Deferred revenue | — | $833,000 | $1.2M | $1.3M | $1.4M | $1.8M | $1.1M | −$12.0M | −$20.9M | — |
| Total current liabilities | $8,000 | $3.8M | $4.7M | $4.9M | $9.7M | $4.6M | $3.1M | $3.0M | $8.2M | $4.3M |
| Long-term debt | $18,000 | $26,000 | $35,000 | $44,000 | $2.0M | $3.4M | $3.9M | $1.3M | $1.8M | $0 |
| Other long-term liabilities | $6.6M | $0 | $0 | $0 | $0 | $476,000 | $5.0M | $6.4M | $9.2M | $17.5M |
| Total liabilities | $6.6M | $3.8M | $4.8M | $4.9M | $11.8M | $8.5M | $12.0M | $10.7M | $19.3M | $21.8M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $531,000 | $528,000 | $526,000 | $526,000 | $524,000 | $730,000 | $836,000 | $835,000 | $832,000 | $830,000 |
| Retained earnings (deficit) | $106.3M | $96.0M | $83.3M | $76.6M | $54.8M | $47.7M | $43.1M | $49.1M | $47.0M | $46.8M |
| Treasury stock | — | — | — | — | — | — | −$4.2M | −$4.2M | −$4.2M | −$4.2M |
| Accumulated other comprehensive income | — | $0 | $1.2M | $1.2M | −$4.6M | −$4.6M | −$6.5M | −$7.0M | −$7.9M | −$9.2M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $140.7M | $130.0M | $118.0M | $111.0M | $83.2M | $88.9M | $84.6M | $89.8M | $86.6M | $84.8M |
| Key figures | ||||||||||
| Total debt | $167,000 | $34,000 | $27,000 | $44,000 | $4.1M | $4.7M | $3.9M | $1.3M | $1.8M | $266,000 |
| Net cash (debt) | $52.5M | $39.9M | $29.7M | $19.9M | $11.7M | $20.1M | $13.6M | $11.9M | $12.2M | $11.5M |
| Working capital | $52.7M | $103.7M | $92.4M | $83.1M | $73.8M | $76.2M | $68.8M | $70.2M | $72.4M | $71.4M |
| Tangible book value | $140.7M | $130.0M | $107.0M | $98.5M | $82.2M | $86.1M | $78.6M | $85.3M | $84.3M | $80.3M |
| Book value per share | $26.10 | $24.21 | $22.08 | $20.92 | $11.56 | $11.44 | $10.41 | $11.09 | $10.69 | $10.50 |
| Shares outstanding | 5.4M | 5.4M | 5.3M | 5.3M | 7.2M | 7.8M | 8.1M | 8.1M | 8.1M | 8.1M |
| Current ratio | 6,586.12 | 28.30 | 20.48 | 18.13 | 8.58 | 17.74 | 23.02 | 24.67 | 9.81 | 17.53 |
| Quick ratio | 6,573.12 | 10.60 | 6.26 | 4.13 | 1.62 | 5.46 | 5.62 | 4.57 | 2.45 | 4.21 |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.05 | 0.05 | 0.01 | 0.02 | 0.00 |
| Equity / assets | 95.5% | 97.1% | 96.1% | 95.8% | 87.6% | 91.3% | 87.6% | 89.4% | 81.8% | 79.5% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $48.7M | $52.7M | $50.0M | $44.6M | $48.9M | $39.9M | $36.9M | $40.1M | $40.4M | $29.7M | $23.1M | $21.7M |
| Cash & equivalents | $48.7M | $52.7M | $50.0M | $44.6M | $48.9M | $39.9M | $36.9M | $40.1M | $40.4M | $29.7M | $18.0M | $16.7M |
| Short-term investments | — | — | — | — | — | — | — | — | — | — | $5.0M | $5.0M |
| Receivables | $0 | −$104,000 | $0 | $0 | $84,000 | $317,000 | $4,000 | $0 | $42.2M | $27,000 | $1 | $1 |
| Inventory | $68.9M | $66.6M | $66.8M | $68.6M | $64.8M | $66.8M | $65.1M | $63.4M | $60.3M | $66.0M | $68.1M | $63.9M |
| Other current assets | $0 | $0 | $0 | $1.0M | $1.2M | $925,000 | $1.0M | $1.1M | $0 | $1.5M | $1.6M | $1.7M |
| Total current assets | $49.0M | $52.7M | $50.5M | $114.2M | $115.0M | $107.9M | $103.1M | $104.5M | $101.9M | $97.2M | $92.7M | $87.3M |
| Property, plant & equipment (net) | $2.1M | $2.3M | $2.2M | $2.2M | $2.2M | $2.2M | $1.8M | $1.8M | $1.8M | $1.7M | $1.6M | $1.5M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $94.5M | $92.4M | $91.3M | $23.7M | $23.5M | $24.1M | $24.1M | $22.7M | $23.4M | $23.9M | $24.6M | $29.0M |
| Total assets | $145.7M | $147.3M | $143.9M | $140.1M | $140.7M | $134.2M | $128.9M | $129.1M | $127.0M | $122.8M | $119.0M | $117.8M |
| Liabilities | ||||||||||||
| Accounts payable | $865,000 | $176,000 | $1.3M | $1.2M | $3.0M | $1.3M | $416,000 | $380,000 | $2.1M | $2.1M | $2.1M | $713,000 |
| Short-term debt | $5,000 | $8,000 | $2,000 | $4,000 | $6,000 | $8,000 | $0 | $0 | $6,000 | $8,000 | $2,000 | $4,000 |
| Deferred revenue | — | — | $1.1M | $744,000 | $780,000 | $833,000 | $893,000 | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M |
| Total current liabilities | $5,000 | $8,000 | $13,000 | $4.1M | $5.9M | $3.8M | $2.9M | $4.0M | $4.8M | $4.7M | $5.2M | $4.2M |
| Long-term debt | $17,000 | $18,000 | $21,000 | $23,000 | $25,000 | $26,000 | $29,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 |
| Other long-term liabilities | $4.5M | $6.6M | $4.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $4.5M | $6.6M | $4.6M | $4.1M | $5.9M | $3.8M | $3.0M | $4.0M | $4.8M | $4.8M | $5.2M | $4.2M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $532,000 | $531,000 | $531,000 | $531,000 | $531,000 | $528,000 | $528,000 | $527,000 | $526,000 | $526,000 | $526,000 | $526,000 |
| Retained earnings (deficit) | $106.6M | $106.3M | $105.1M | $101.9M | $100.7M | $96.0M | $92.1M | $91.4M | $87.4M | $83.3M | $79.2M | $79.1M |
| Accumulated other comprehensive income | — | — | $0 | $0 | $0 | $0 | — | $0 | $1.2M | $1.2M | $1.2M | $1.2M |
| Total shareholders' equity | $141.1M | $140.7M | $139.4M | $136.0M | $134.7M | $130.0M | $126.0M | $125.1M | $122.2M | $118.0M | $113.8M | $113.5M |
| Key figures | ||||||||||||
| Total debt | $17,000 | $167,000 | $21,000 | $23,000 | $25,000 | $34,000 | $29,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 |
| Net cash (debt) | $48.7M | $52.5M | $50.0M | $44.6M | $48.9M | $39.9M | $36.9M | $40.0M | $40.3M | $29.7M | $23.0M | $21.7M |
| Working capital | $49.0M | $52.7M | $50.5M | $110.1M | $109.1M | $104.1M | $100.1M | $100.6M | $97.1M | $92.4M | $87.6M | $83.1M |
| Tangible book value | $141.1M | $140.7M | $139.4M | $136.0M | $134.7M | $130.0M | $126.0M | $125.1M | $122.2M | $118.0M | $113.8M | $113.5M |
| Book value per share | $26.17 | $26.53 | $25.86 | $25.23 | $25.07 | $24.21 | $23.41 | $23.27 | $22.82 | $22.08 | $21.28 | $21.27 |
| Shares outstanding | 5.4M | 5.3M | 5.4M | 5.4M | 5.4M | 5.4M | 5.4M | 5.4M | 5.4M | 5.3M | 5.3M | 5.3M |
| Current ratio | 9,810.00 | 6,586.12 | 3,884.15 | 27.98 | 19.47 | 28.48 | 35.14 | 26.31 | 21.22 | 20.48 | 17.94 | 20.89 |
| Quick ratio | 9,736.80 | 6,573.12 | 3,846.00 | 10.93 | 8.30 | 10.62 | 12.59 | 10.09 | 17.19 | 6.26 | 4.46 | 5.20 |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity / assets | 96.9% | 95.5% | 96.8% | 97.1% | 95.8% | 96.8% | 97.7% | 96.9% | 96.2% | 96.1% | 95.6% | 96.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed July 24, 2026); data from EODHD.
AXR financial position
At the end of fiscal 2026 (April 30, 2026), AMREP had total assets of $147.3 million (up 10.1% from a year earlier), total liabilities of $6.6 million and shareholders' equity of $140.7 million. It held $52.7 million in cash and short-term investments against $0.2 million of debt, a net cash position of $52.5 million. Its current ratio was 6,586.12. In the latest quarter (ended July 31, 2026) total assets were $145.7 million and equity $141.1 million.
Related: AXR income statement, AXR cash flow statement, AXR key metrics. See the AXR stock overview for the latest quote and news.
AXR balance sheet FAQ
What are AMREP's total assets?
AMREP reported total assets of $147.3 million at the end of fiscal 2026 (April 30, 2026), compared with $133.8 million a year earlier.
How much debt does AMREP have?
AMREP had $0.2 million of total debt at the end of fiscal 2026, including short-term borrowings. Its debt-to-equity ratio was 0.00.
How much cash does AMREP have?
AMREP held $52.7 million in cash and short-term investments at the end of fiscal 2026; with $0.2 million of debt that is net cash of $52.5 million.
What is AMREP's book value?
AMREP's shareholders' equity (book value) was $140.7 million at the end of fiscal 2026, or $26.10 per share.
What is AMREP's current ratio?
AMREP had current assets of $52.7 million and current liabilities of $0.0 million, a current ratio of 6,586.12 (it can cover its short-term obligations).