Birks Group Inc. (BGICF) Balance Sheet

NYSE MKT: BGICFAssets, liabilities, debt and equity over 4 years.

BGICF balance sheet, FY2026

March 31, 2026 · Canadian dollars

C$214.3M assets = C$235.7M liabilities + −C$21.4M equity

What it ownsC$214.3MCash & ST investments: C$1.5M (0.7%)Receivables: C$2.5M (1.2%)Inventory: C$126.1M (58.8%)InventoryC$126.1M · 59%Other current: C$3.7M (1.7%)PP&E: C$70.0M (32.7%)PP&EC$70.0M · 33%LT investments: C$5.9M (2.8%)Other non-current: C$4.6M (2.2%)=How it is financedC$235.7MCurrent liabilities: C$151.5M (64.3%)Current liabilitiesC$151.5M · 64%Long-term debt: C$35.8M (15.2%)Long-term debtC$35.8M · 15%Other LT liabilities: C$48.4M (20.5%)Other LT liabilitiesC$48.4M · 21%

Liabilities exceed assets: shareholders’ equity is negative (−C$21.4M).

Both columns are drawn to the same scale: what BGICF owns equals what it owes plus shareholders’ equity. Hover a block for its value.

BGICF financial health

Current ratio0.88
Tight · current assets cover current liabilities 0.88×
Equity / assets−10.0%
Thin equity · of assets funded by shareholders
Cash / debt4.1%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles0.0%
Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal FY2026.

BGICF balance sheet trends, FY2023–FY2026

MetricTrendThenLatestChange
Total assetsC$197.0MFY2023C$214.3MFY2026+2.9%/yr
Total liabilitiesC$197.6MFY2023C$235.7MFY2026+6.1%/yr
Shareholders’ equity−C$603,000FY2023−C$21.4MFY2026—
Cash & short-term investmentsC$1.3MFY2023C$1.5MFY2026+5.0%/yr
Total debtC$22.2MFY2023C$35.8MFY2026+17.3%/yr
Net cash (debt)−C$20.9MFY2023−C$34.3MFY2026−C$13.4M
Working capital−C$8.4MFY2023−C$17.7MFY2026−C$9.4M
Current ratio0.93FY20230.88FY2026−0.04
Shares outstanding18.8MFY202319.7MFY2026+1.5%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

BGICF assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

BGICF liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

BGICF debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

BGICF balance sheet in Canadian dollars

FY2026FY2025FY2024FY2023
Assets
Cash & short-term investmentsC$1.5MC$1.5MC$1.8MC$1.3M
Cash & equivalentsC$1.5MC$1.5MC$1.8MC$1.3M
ReceivablesC$2.5MC$3.9MC$5.0MC$6.2M
InventoryC$126.1MC$116.3MC$99.1MC$88.4M
Other current assetsC$3.7MC$4.8MC$6.4MC$7.8M
Total current assetsC$133.8MC$126.5MC$112.2MC$103.7M
Property, plant & equipment (net)C$70.0MC$60.3MC$77.5MC$82.3M
Goodwill & intangible assetsC$0C$0C$0C$0
Long-term investmentsC$5.9MC$5.2MC$4.1MC$2.0M
Other non-current assetsC$4.6MC$4.1MC$9.5MC$9.0M
Total assetsC$214.3MC$196.1MC$203.3MC$197.0M
Liabilities
Accounts payableC$60.0MC$58.1MC$43.0MC$37.6M
Total current liabilitiesC$151.5MC$149.6MC$123.3MC$112.1M
Long-term debtC$35.8MC$21.4MC$22.6MC$22.2M
Lease obligationsC$55.5MC$45.6MC$66.3MC$69.7M
Other long-term liabilitiesC$48.4MC$43.1MC$62.6MC$63.3M
Total liabilitiesC$235.7MC$214.1MC$208.4MC$197.6M
Shareholders' equity
Retained earnings (deficit)−C$141.7M−C$138.3M−C$125.5M−C$120.8M
Total shareholders' equity−C$21.4M−C$18.0M−C$5.1M−C$603,000
Key figures
Total debtC$35.8MC$21.4MC$22.6MC$22.2M
Net cash (debt)−C$34.3M−C$19.9M−C$20.8M−C$20.9M
Working capital−C$17.7M−C$23.1M−C$11.1M−C$8.4M
Tangible book value−C$21.4M−C$18.0M−C$5.1M−C$603,000
Shares outstanding19.7M19.6M19.2M18.8M
Current ratio0.880.850.910.93
Quick ratio0.030.040.050.07
Equity / assets−10.0%−9.2%−2.5%−0.3%

Quarterly columns are labeled by the month the quarter ended. Figures in Canadian dollars as reported (latest annual report filed —); data from EODHD.

BGICF financial position

At the end of fiscal 2026 (March 31, 2026), Birks had total assets of C$214.3 million (up 9.3% from a year earlier), total liabilities of C$235.7 million and shareholders' equity of -C$21.4 million. It held C$1.5 million in cash and short-term investments against C$35.8 million of debt, net debt of C$34.3 million. Its current ratio was 0.88.

Related: BGICF income statement, BGICF cash flow statement, BGICF key metrics. See the BGICF stock overview for the latest quote and news.

BGICF balance sheet FAQ

What are Birks's total assets?

Birks reported total assets of C$214.3 million at the end of fiscal 2026 (March 31, 2026), compared with C$196.1 million a year earlier.

How much debt does Birks have?

Birks had C$35.8 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.

How much cash does Birks have?

Birks held C$1.5 million in cash and short-term investments at the end of fiscal 2026; with C$35.8 million of debt that is net debt of C$34.3 million.

What is Birks's book value?

Birks's shareholders' equity (book value) was -C$21.4 million at the end of fiscal 2026.

What is Birks's current ratio?

Birks had current assets of C$133.8 million and current liabilities of C$151.5 million, a current ratio of 0.88 (current liabilities exceed current assets).

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