Armlogi Holding Corp. (BTOC) Balance Sheet
BTOC balance sheet, FY2026
June 30, 2026 · U.S. dollars$130.7M assets = $122.7M liabilities + $8.0M equity
Both columns are drawn to the same scale: what BTOC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BTOC financial health
Descriptive bands, not a rating. Fiscal FY2026.
BTOC balance sheet trends, FY2021–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $8.9MFY2021 | $130.7MFY2026 | +71.0%/yr | |
| Total liabilities | $1.4MFY2021 | $122.7MFY2026 | +143.2%/yr | |
| Shareholders’ equity | $7.5MFY2021 | $8.0MFY2026 | +1.3%/yr | |
| Cash & short-term investments | $2.0MFY2021 | $2.2MFY2026 | +1.8%/yr | |
| Total debt | $252,032FY2021 | $111.8MFY2026 | +238.4%/yr | |
| Net cash (debt) | $1.8MFY2021 | −$109.6MFY2026 | −$111.3M | |
| Working capital | $4.5MFY2021 | −$25.6MFY2026 | −$30.1M | |
| Book value per share | $9.74FY2023 | $2.87FY2026 | −33.5%/yr | |
| Current ratio | 4.55FY2021 | 0.44FY2026 | −4.11 | |
| Debt / equity | 0.03FY2021 | 13.95FY2026 | +13.91 | |
| Shares outstanding | 2.6MFY2023 | 2.8MFY2026 | +2.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BTOC assets
BTOC liabilities and equity
BTOC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BTOC balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & short-term investments | $2.2M | $9.2M | $7.9M | $6.6M | $2.2M | $2.0M |
| Cash & equivalents | $2.2M | $9.2M | $7.9M | $6.6M | $2.2M | $2.0M |
| Receivables | $15.8M | $26.1M | $27.3M | $19.8M | $9.5M | $3.1M |
| Inventory | $0 | $0 | $1.1M | $0 | $0 | $374,786 |
| Other current assets | $2.0M | $2.4M | $1.6M | $3.7M | $665,300 | $263,636 |
| Total current assets | $20.0M | $37.7M | $38.0M | $30.1M | $12.4M | $5.8M |
| Property, plant & equipment (net) | $105.8M | $127.4M | $123.3M | $57.8M | $48.4M | $3.1M |
| Goodwill & intangible assets | $13,148 | $54,627 | $92,708 | $128,027 | $104,693 | $48,717 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $5.0M | $5.1M | $5.7M | $511,353 | $150,000 | $1 |
| Total assets | $130.7M | $170.2M | $167.0M | $88.6M | $61.1M | $8.9M |
| Liabilities | ||||||
| Accounts payable | $10.0M | $9.0M | $6.0M | $7.5M | $3.9M | $737,380 |
| Short-term debt | $34.7M | $35.0M | $24.7M | $25.5M | $16.3M | $8.6M |
| Deferred revenue | — | $939,097 | $276,463 | $424,182 | $371,270 | $441,447 |
| Total current liabilities | $45.6M | $45.8M | $33.0M | $24.5M | $15.8M | $1.3M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | $129.0M | $117.7M | $50.3M | $42.1M | $252,032 |
| Other long-term liabilities | $77.1M | $99.3M | $94.8M | $38.8M | $34.7M | $177,377 |
| Total liabilities | $122.7M | $145.1M | $127.8M | $63.2M | $50.5M | $1.4M |
| Shareholders' equity | ||||||
| Common stock & paid-in capital | $454 | $422 | $416 | $400 | $400 | $400 |
| Retained earnings (deficit) | −$12.5M | $8.4M | $23.8M | $16.3M | $2.4M | $425,575 |
| Accumulated other comprehensive income | — | — | $0 | $0 | $0 | $0 |
| Total shareholders' equity | $8.0M | $25.1M | $39.2M | $25.3M | $10.6M | $7.5M |
| Key figures | ||||||
| Total debt | $111.8M | $134.3M | $117.7M | $50.3M | $50.6M | $252,032 |
| Net cash (debt) | −$109.6M | −$125.1M | −$109.8M | −$43.8M | −$48.3M | $1.8M |
| Working capital | −$25.6M | −$8.1M | $5.0M | $5.7M | −$3.4M | $4.5M |
| Tangible book value | $8.0M | $25.0M | $39.1M | $25.2M | $10.5M | $7.5M |
| Book value per share | $2.87 | $9.60 | $15.61 | $9.74 | — | — |
| Shares outstanding | 2.8M | 2.6M | 2.5M | 2.6M | — | — |
| Current ratio | 0.44 | 0.82 | 1.15 | 1.23 | 0.79 | 4.55 |
| Quick ratio | 0.39 | 0.77 | 1.07 | 1.08 | 0.74 | 4.05 |
| Debt / equity | 13.95 | 5.35 | 3.00 | 1.99 | 4.78 | 0.03 |
| Equity / assets | 6.1% | 14.7% | 23.5% | 28.6% | 17.3% | 83.9% |
| 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 | $2.2M | $2.7M | $5.0M | $6.5M | $9.2M | $5.6M | $5.1M | $2.9M | $7.9M | $4.0M | $5.0M | $8.4M |
| Cash & equivalents | $2.2M | $2.7M | $5.0M | $6.5M | $9.2M | $5.6M | $5.1M | $2.9M | $7.9M | $4.0M | $5.0M | $8.4M |
| Receivables | $15.8M | $20.1M | $21.2M | $20.1M | $26.1M | $30.7M | $35.0M | $26.0M | $27.3M | $29.2M | $21.9M | $20.6M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.9M | $0 | $1 | $1 | $1 |
| Other current assets | $2.0M | $2.1M | $2.9M | $2.7M | $2.4M | $3.4M | $2.8M | $822,261 | $2.8M | $7.2M | $12.5M | $2.6M |
| Total current assets | $20.0M | $24.8M | $29.2M | $29.2M | $37.7M | $39.7M | $42.9M | $31.7M | $38.0M | $40.5M | $39.3M | $31.6M |
| Property, plant & equipment (net) | $105.8M | $113.6M | $118.6M | $121.0M | $127.4M | $134.0M | $117.5M | $119.0M | $123.3M | $130.1M | $90.3M | $93.1M |
| Goodwill & intangible assets | $13,148 | $22,259 | $31,370 | $43,032 | $54,627 | $66,000 | $75,051 | $83,880 | $92,708 | $101,538 | $110,368 | $119,197 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $5.0M | $5.3M | $5.2M | $6.1M | $5.1M | $4.2M | $3.2M | $6.8M | $5.7M | $0 | $0 | $1.4M |
| Total assets | $130.7M | $143.7M | $153.1M | $156.3M | $170.2M | $178.0M | $163.7M | $157.5M | $167.0M | $170.7M | $129.7M | $126.2M |
| Liabilities | ||||||||||||
| Accounts payable | $10.0M | $7.7M | $9.1M | $7.6M | $9.0M | $6.3M | $4.4M | $5.4M | $6.0M | $5.0M | $4.3M | $5.8M |
| Short-term debt | $34.7M | $36.1M | $34.5M | $30.8M | $35.0M | $34.8M | $32.8M | $26.4M | $50.2M | $49.6M | $23.1M | $19.6M |
| Deferred revenue | — | $602,808 | $628,790 | $826,814 | $939,097 | $468,128 | $1.2M | $774,711 | $276,463 | $236,257 | $179,779 | $415,216 |
| Total current liabilities | $45.6M | $45.8M | $45.0M | $40.3M | $45.8M | $42.8M | $40.2M | $33.9M | $33.0M | $36.5M | $34.4M | $31.5M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | $120.6M | $124.0M | $124.5M | $129.0M | $133.5M | $115.4M | $115.3M | $117.7M | $123.5M | $83.8M | — |
| Other long-term liabilities | $77.1M | $84.5M | $89.6M | $93.7M | $99.3M | $105.1M | $90.3M | $89.0M | $94.8M | $100.9M | $62.9M | $66.5M |
| Total liabilities | $122.7M | $130.3M | $134.5M | $134.0M | $145.1M | $147.9M | $130.5M | $122.9M | $127.8M | $137.4M | $97.4M | $98.0M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $454 | $454 | $454 | $454 | $422 | $421 | $417 | $416 | $416 | $400 | $400 | $400 |
| Retained earnings (deficit) | −$12.5M | −$7.0M | −$1.9M | $1.9M | $8.4M | $13.7M | $17.5M | $19.1M | $23.8M | $23.5M | $22.8M | $19.1M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | — | $0 | $0 | — |
| Total shareholders' equity | $8.0M | $13.5M | $18.5M | $22.4M | $25.1M | $30.2M | $33.2M | $34.6M | $39.2M | $33.3M | $32.4M | $28.2M |
| Key figures | ||||||||||||
| Total debt | $111.8M | $120.6M | $124.0M | $124.5M | $134.3M | $139.8M | $123.1M | $115.3M | $117.7M | $123.5M | $84.6M | $85.0M |
| Net cash (debt) | −$109.6M | −$118.0M | −$119.0M | −$118.0M | −$125.1M | −$134.2M | −$118.0M | −$112.3M | −$109.8M | −$119.5M | −$79.7M | −$76.6M |
| Working capital | −$25.6M | −$20.9M | −$15.8M | −$11.1M | −$8.1M | −$3.1M | $2.7M | −$2.3M | $5.0M | $4.0M | $4.9M | $150,048 |
| Tangible book value | $8.0M | $13.4M | $18.5M | $22.3M | $25.0M | $30.1M | $33.1M | $34.5M | $39.1M | $33.2M | $32.3M | $28.0M |
| Book value per share | $2.82 | $4.74 | $6.52 | $8.43 | — | — | — | — | — | — | — | — |
| Shares outstanding | 2.8M | 2.8M | 2.8M | 2.7M | — | — | — | — | — | — | — | — |
| Current ratio | 0.44 | 0.54 | 0.65 | 0.73 | 0.82 | 0.93 | 1.07 | 0.93 | 1.15 | 1.11 | 1.14 | 1.00 |
| Quick ratio | 0.39 | 0.50 | 0.58 | 0.66 | 0.77 | 0.85 | 1.00 | 0.85 | 1.07 | 0.91 | 0.78 | 0.92 |
| Debt / equity | 13.95 | 8.97 | 6.70 | 5.56 | 5.35 | 4.63 | 3.71 | 3.33 | 3.00 | 3.71 | 2.61 | 3.02 |
| Equity / assets | 6.1% | 9.4% | 12.1% | 14.3% | 14.7% | 16.9% | 20.3% | 22.0% | 23.5% | 19.5% | 25.0% | 22.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed September 28, 2026); data from EODHD.
BTOC financial position
At the end of fiscal 2026 (June 30, 2026), Armlogi had total assets of $130.7 million (down 23.2% from a year earlier), total liabilities of $122.7 million and shareholders' equity of $8.0 million. It held $2.2 million in cash and short-term investments against $111.8 million of debt, net debt of $109.6 million. Its current ratio was 0.44.
Related: BTOC income statement, BTOC cash flow statement, BTOC key metrics. See the BTOC stock overview for the latest quote and news.
BTOC balance sheet FAQ
What are Armlogi's total assets?
Armlogi reported total assets of $130.7 million at the end of fiscal 2026 (June 30, 2026), compared with $170.2 million a year earlier.
How much debt does Armlogi have?
Armlogi had $111.8 million of total debt at the end of fiscal 2026, including short-term borrowings. Its debt-to-equity ratio was 13.95.
How much cash does Armlogi have?
Armlogi held $2.2 million in cash and short-term investments at the end of fiscal 2026; with $111.8 million of debt that is net debt of $109.6 million.
What is Armlogi's book value?
Armlogi's shareholders' equity (book value) was $8.0 million at the end of fiscal 2026, or $2.87 per share.
What is Armlogi's current ratio?
Armlogi had current assets of $20.0 million and current liabilities of $45.6 million, a current ratio of 0.44 (current liabilities exceed current assets).
How much goodwill does Armlogi have?
Armlogi carried $0.0 million of goodwill and intangible assets, 0.0% of total assets, at the end of fiscal 2026.