Bending Spoons S.p.A. (BSP) Balance Sheet
BSP balance sheet, 2025
December 31, 2025 · U.S. dollars$4.76B assets = $3.76B liabilities + $994.9M equity
Both columns are drawn to the same scale: what BSP owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BSP financial health
Descriptive bands, not a rating. Fiscal 2025.
BSP balance sheet trends, 2023–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $936.7M2023 | $4.76B2025 | +125.4%/yr | |
| Total liabilities | $599.5M2023 | $3.76B2025 | +150.5%/yr | |
| Shareholders’ equity | $337.1M2023 | $994.9M2025 | +71.8%/yr | |
| Cash & short-term investments | $289.1M2023 | $629.9M2025 | +47.6%/yr | |
| Total debt | $301.4M2023 | $2.67B2025 | +197.7%/yr | |
| Net cash (debt) | −$12.4M2023 | −$2.04B2025 | −$2.0B | |
| Working capital | $88.1M2023 | −$199.9M2025 | −$287.9M | |
| Book value per share | $0.532023 | $1.662025 | +76.9%/yr | |
| Current ratio | 1.332023 | 0.822025 | −0.51 | |
| Debt / equity | 0.892023 | 2.682025 | +1.79 | |
| Shares outstanding | 635.2M2023 | 598.9M2025 | −2.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BSP assets
BSP liabilities and equity
BSP debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BSP balance sheet
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Assets | |||
| Cash & short-term investments | $629.9M | $238.7M | $289.1M |
| Cash & equivalents | $629.9M | $238.7M | $289.1M |
| Receivables | $144.6M | $85.9M | $37.7M |
| Inventory | $0 | $0 | $0 |
| Other current assets | $144.1M | $128.7M | $31.1M |
| Total current assets | $918.7M | $453.3M | $357.9M |
| Property, plant & equipment (net) | $11.1M | $9.1M | $8.9M |
| Goodwill & intangible assets | $3.50B | $1.22B | $326.0M |
| Long-term investments | $0 | $0 | $0 |
| Other non-current assets | $326.2M | $199.9M | $243.9M |
| Total assets | $4.76B | $1.88B | $936.7M |
| Liabilities | |||
| Accounts payable | $21.4M | $15.0M | $2.1M |
| Short-term debt | $415.3M | — | — |
| Deferred revenue | $450.5M | — | — |
| Total current liabilities | $1.12B | $414.2M | $269.8M |
| Long-term debt | $2.26B | $755.8M | $301.4M |
| Lease obligations | $8.8M | $3.5M | $3.4M |
| Other long-term liabilities | $388.5M | $78.1M | $28.3M |
| Total liabilities | $3.76B | $1.25B | $599.5M |
| Shareholders' equity | |||
| Common stock & paid-in capital | $1.5M | — | — |
| Retained earnings (deficit) | $324.6M | $324.8M | $235.3M |
| Accumulated other comprehensive income | $6.0M | — | — |
| Minority interest | $0 | $528,000 | $130,000 |
| Total shareholders' equity | $994.9M | $636.2M | $337.1M |
| Key figures | |||
| Total debt | $2.67B | $755.8M | $301.4M |
| Net cash (debt) | −$2.04B | −$517.1M | −$12.4M |
| Working capital | −$199.9M | $39.0M | $88.1M |
| Tangible book value | −$2.51B | −$586.4M | $11.1M |
| Book value per share | $1.66 | $1.00 | $0.53 |
| Shares outstanding | 598.9M | 635.2M | 635.2M |
| Current ratio | 0.82 | 1.09 | 1.33 |
| Quick ratio | 0.69 | 0.78 | 1.21 |
| Debt / equity | 2.68 | 1.19 | 0.89 |
| Equity / assets | 20.9% | 33.8% | 36.0% |
| Jun '26 | Mar '26 | |
|---|---|---|
| Assets | ||
| Cash & short-term investments | $793.0M | $740.8M |
| Cash & equivalents | $793.0M | $740.8M |
| Receivables | $308.9M | $259.9M |
| Inventory | $9.9M | $0 |
| Other current assets | $240.0M | $235.4M |
| Total current assets | $1.35B | $1.24B |
| Property, plant & equipment (net) | $88.2M | $13.3M |
| Goodwill & intangible assets | $6.30B | $5.45B |
| Long-term investments | $0 | $0 |
| Other non-current assets | $312.7M | $284.9M |
| Total assets | $8.06B | $6.98B |
| Liabilities | ||
| Accounts payable | $35.9M | $31.6M |
| Short-term debt | $807.1M | — |
| Deferred revenue | $584.4M | — |
| Total current liabilities | $2.11B | $1.58B |
| Long-term debt | $4.09B | $3.93B |
| Lease obligations | — | $10.2M |
| Other long-term liabilities | $597.4M | $413.1M |
| Total liabilities | $6.80B | $5.92B |
| Shareholders' equity | ||
| Common stock & paid-in capital | $14.8M | — |
| Retained earnings (deficit) | $529.1M | — |
| Accumulated other comprehensive income | $10.5M | — |
| Total shareholders' equity | $1.26B | $1.06B |
| Key figures | ||
| Total debt | $4.96B | $3.93B |
| Net cash (debt) | −$4.17B | −$3.19B |
| Working capital | −$761.0M | −$340.4M |
| Tangible book value | −$5.04B | −$4.39B |
| Book value per share | $2.03 | $1.67 |
| Shares outstanding | 620.5M | 635.2M |
| Current ratio | 0.64 | 0.78 |
| Quick ratio | 0.52 | 0.63 |
| Debt / equity | 3.94 | 3.70 |
| Equity / assets | 15.6% | 15.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed July 1, 2026); data from EODHD.
BSP financial position
At the end of fiscal 2025 (December 31, 2025), Bending Spoons S.p.A. had total assets of $4.8 billion (up 152.4% from a year earlier), total liabilities of $3.8 billion and shareholders' equity of $994.9 million. It held $629.9 million in cash and short-term investments against $2.7 billion of debt, net debt of $2.0 billion. Its current ratio was 0.82. In the latest quarter (ended June 30, 2026) total assets were $8.1 billion and equity $1.3 billion.
Related: BSP income statement, BSP cash flow statement, BSP key metrics. See the BSP stock overview for the latest quote and news.
BSP balance sheet FAQ
What are Bending Spoons S.p.A.'s total assets?
Bending Spoons S.p.A. reported total assets of $4.8 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.9 billion a year earlier.
How much debt does Bending Spoons S.p.A. have?
Bending Spoons S.p.A. had $2.7 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 2.68.
How much cash does Bending Spoons S.p.A. have?
Bending Spoons S.p.A. held $629.9 million in cash and short-term investments at the end of fiscal 2025; with $2.7 billion of debt that is net debt of $2.0 billion.
What is Bending Spoons S.p.A.'s book value?
Bending Spoons S.p.A.'s shareholders' equity (book value) was $994.9 million at the end of fiscal 2025, or $1.66 per share.
What is Bending Spoons S.p.A.'s current ratio?
Bending Spoons S.p.A. had current assets of $918.7 million and current liabilities of $1.1 billion, a current ratio of 0.82 (current liabilities exceed current assets).
How much goodwill does Bending Spoons S.p.A. have?
Bending Spoons S.p.A. carried $3.5 billion of goodwill and intangible assets, 73.6% of total assets, at the end of fiscal 2025.