City Holding Company (CHCO) Balance Sheet
CHCO balance sheet, 2025
December 31, 2025 · U.S. dollars$6.72B assets = $5.91B liabilities + $809.7M equity
Both columns are drawn to the same scale: what CHCO owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CHCO financial health
Descriptive bands, not a rating. Fiscal 2025.
CHCO balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $3.97B2016 | $6.72B2025 | +6.0%/yr | |
| Total liabilities | $3.53B2016 | $5.91B2025 | +5.9%/yr | |
| Shareholders’ equity | $442.5M2016 | $809.7M2025 | +6.9%/yr | |
| Cash & short-term investments | $538.2M2016 | $979.3M2025 | +6.9%/yr | |
| Total debt | $80.6M2016 | $517.7M2025 | +23.0%/yr | |
| Net cash (debt) | $457.6M2016 | $461.6M2025 | +$4.0M | |
| Working capital | $3.23B2016 | −$4.67B2025 | −$7.9B | |
| Book value per share | $29.672016 | $56.362025 | +7.4%/yr | |
| Debt / equity | 0.182016 | 0.642025 | +0.46 | |
| Shares outstanding | 14.9M2016 | 14.4M2025 | −0.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CHCO assets
CHCO liabilities and equity
CHCO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CHCO balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $979.3M | $240.8M | $1.49B | $1.71B | $2.04B | $1.71B | $950.2M | $846.2M | $632.9M | $538.2M |
| Cash & equivalents | $191.9M | $225.4M | $156.3M | $200.0M | $634.6M | $528.7M | $140.1M | $123.0M | $82.5M | $88.1M |
| Short-term investments | $787.4M | $15.4M | $1.34B | $1.51B | $1.41B | $1.18B | $810.1M | $723.3M | $550.4M | $450.1M |
| Receivables | $20.7M | $20.6M | $20.3M | $18.3M | $15.6M | $15.8M | $11.6M | $12.4M | $9.2M | $8.4M |
| Inventory | $0 | $0 | $102.7M | −$219.2M | −$651.6M | −$546.2M | −$156.4M | $4.6M | $3.6M | $4.6M |
| Other current assets | $0 | $0 | $0 | $219.2M | $651.6M | $546.2M | $156.4M | $0 | $2.71B | $2.74B |
| Total current assets | $1000.0M | $261.4M | $1.51B | $1.72B | $2.06B | $1.72B | $961.8M | $857.2M | $3.35B | $3.29B |
| Property, plant & equipment (net) | $69.1M | $70.5M | $72.1M | $70.8M | $74.1M | $76.9M | $77.0M | $78.4M | $72.7M | $75.2M |
| Goodwill & intangible assets | $157.9M | $160.0M | $162.6M | $115.7M | $117.1M | $118.6M | $229.2M | $122.8M | $78.6M | $79.1M |
| Long-term investments | $816.8M | $1.45B | $1.37B | $1.53B | $1.43B | $3.60B | $3.60B | $3.57B | $3.11B | $3.03B |
| Other non-current assets | $4.68B | $4.52B | $3.05B | $2.44B | $2.32B | $242.3M | $146.7M | $270.8M | $0 | $0 |
| Total assets | $6.72B | $6.46B | $6.17B | $5.88B | $6.00B | $5.76B | $5.02B | $4.90B | $4.13B | $3.97B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $4.87B | $4.93B | $4.65B | $4.08B | $3.98B | $3.32B | $3.23B |
| Short-term debt | $367.7M | $325.7M | $334.9M | $291.0M | $312.5M | $296.0M | $211.3M | $261.9M | $54.0M | $64.1M |
| Total current liabilities | $5.67B | $5.47B | $5.27B | $5.16B | $5.24B | $4.95B | $1.91B | $4.24B | $54.0M | $64.1M |
| Long-term debt | $150.0M | $150.0M | $100.0M | $0 | $0 | $0 | $4.1M | $4.1M | $16.5M | $16.5M |
| Other long-term liabilities | $93.7M | $109.0M | $121.9M | $139.4M | $84.8M | $109.4M | $0 | $56.7M | $0 | $0 |
| Total liabilities | $5.91B | $5.73B | $5.49B | $5.30B | $5.32B | $5.06B | $4.1M | $4.30B | $3.63B | $3.53B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $47.6M | $47.6M | $47.6M | $47.6M | $47.6M | $47.6M | $47.6M | $47.6M | $47.6M | $46.5M |
| Retained earnings (deficit) | $935.0M | $852.8M | $780.3M | $706.7M | $641.8M | $590.0M | $539.3M | $486.0M | $443.5M | $417.0M |
| Treasury stock | — | — | — | −$216.0M | −$193.5M | −$139.0M | −$105.0M | −$87.9M | −$124.9M | −$127.0M |
| Accumulated other comprehensive income | −$76.6M | −$115.7M | −$110.5M | −$131.5M | $14.3M | $31.2M | $6.2M | −$14.5M | −$4.8M | −$7.0M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $809.7M | $730.7M | $677.1M | $577.9M | $681.1M | $701.1M | $5.02B | $603.6M | $502.4M | $442.5M |
| Key figures | ||||||||||
| Total debt | $517.7M | $475.7M | $434.9M | $291.0M | $312.5M | $296.0M | $215.3M | $266.0M | $70.5M | $80.6M |
| Net cash (debt) | $461.6M | −$234.9M | $1.06B | $1.41B | $1.73B | $1.41B | $734.9M | $580.3M | $562.4M | $457.6M |
| Working capital | −$4.67B | −$5.21B | −$3.75B | −$3.44B | −$3.18B | −$3.22B | −$951.0M | −$3.38B | $3.30B | $3.23B |
| Tangible book value | $651.8M | $570.6M | $514.5M | $462.1M | $564.0M | $582.5M | $4.79B | $480.8M | $423.8M | $363.4M |
| Book value per share | $56.36 | $49.72 | $45.47 | $38.85 | $44.21 | $43.83 | $307.05 | $39.10 | $32.55 | $29.67 |
| Shares outstanding | 14.4M | 14.7M | 14.9M | 14.9M | 15.4M | 16.0M | 16.3M | 15.4M | 15.4M | 14.9M |
| Current ratio | 0.18 | 0.05 | 0.29 | 0.33 | 0.39 | 0.35 | 0.50 | 0.20 | 62.07 | 51.33 |
| Quick ratio | 0.18 | 0.05 | 0.29 | 0.33 | 0.39 | 0.35 | 0.50 | 0.20 | 11.89 | 8.53 |
| Debt / equity | 0.64 | 0.65 | 0.64 | 0.50 | 0.46 | 0.42 | 0.04 | 0.44 | 0.14 | 0.18 |
| Equity / assets | 12.0% | 11.3% | 11.0% | 9.8% | 11.3% | 12.2% | 99.9% | 12.3% | 12.2% | 11.1% |
| 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 | $1.77B | $1.04B | $979.3M | $1.02B | $1.05B | $1.11B | $240.8M | $296.3M | $1.67B | $1.67B | $1.49B | $1.47B |
| Cash & equivalents | $267.2M | $299.0M | $191.9M | $225.6M | $172.1M | $384.7M | $225.4M | $293.9M | $218.0M | $318.7M | $156.3M | $110.7M |
| Short-term investments | $1.51B | $743.1M | $787.4M | $797.8M | $873.4M | $727.8M | $15.4M | $2.4M | $1.46B | $1.35B | $1.34B | $1.36B |
| Receivables | $21.3M | $21.6M | $20.7M | $21.9M | $21.7M | $21.6M | $20.6M | $21.8M | $21.8M | $21.8M | $20.3M | $19.2M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$1.65B | $119.3M | −$340.4M | $102.7M | −$130.7M |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.65B | $0 | $340.4M | $0 | $130.7M |
| Total current assets | $1.79B | $1.06B | $1000.0M | $1.05B | $1.07B | $1.13B | $261.4M | $318.1M | $1.70B | $1.69B | $1.51B | $1.49B |
| Property, plant & equipment (net) | $67.2M | $68.7M | $69.1M | $69.5M | $69.0M | $69.7M | $70.5M | $70.7M | $71.0M | $71.6M | $72.1M | $72.7M |
| Goodwill & intangible assets | $313.8M | $157.4M | $157.9M | $316.8M | $317.9M | $319.0M | $160.0M | $160.6M | $161.2M | $161.8M | $162.6M | $163.5M |
| Long-term investments | $793.5M | $772.6M | $816.8M | $827.6M | $903.2M | $757.6M | $1.45B | $1.49B | $1.49B | $1.38B | $1.37B | $1.39B |
| Other non-current assets | $3.80B | $4.70B | $4.68B | $4.41B | $4.24B | $4.34B | $4.52B | $4.39B | $2.92B | $3.01B | $3.05B | $2.96B |
| Total assets | $6.77B | $6.76B | $6.72B | $6.67B | $6.60B | $6.62B | $6.46B | $6.43B | $6.34B | $6.31B | $6.17B | $6.08B |
| Liabilities | ||||||||||||
| Short-term debt | $377.6M | $374.8M | $367.7M | $369.0M | $339.8M | $347.7M | $325.7M | $339.2M | $322.7M | $304.9M | $334.9M | $278.7M |
| Total current liabilities | $5.72B | $5.72B | $5.67B | $5.63B | $5.59B | $5.61B | $5.47B | $5.44B | $5.39B | $5.36B | $5.27B | $5.22B |
| Long-term debt | $150.0M | $150.0M | $150.0M | $150.0M | $150.0M | $150.0M | $150.0M | $150.0M | $150.0M | $150.0M | $100.0M | $100.0M |
| Other long-term liabilities | $97.3M | $97.5M | $93.7M | $92.1M | $95.3M | $110.4M | $109.0M | $101.2M | $114.7M | $121.2M | $121.9M | $142.2M |
| Total liabilities | $5.97B | $5.97B | $5.91B | $5.87B | $5.83B | $5.87B | $5.73B | $5.69B | $5.65B | $5.63B | $5.49B | $5.47B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $47.6M | $47.6M | $47.6M | $47.6M | $47.6M | $47.6M | $47.6M | $47.6M | $47.6M | $47.6M | $47.6M | $47.6M |
| Retained earnings (deficit) | $975.5M | $954.4M | $935.0M | $916.0M | $893.4M | $871.4M | $852.8M | $835.8M | $817.5M | $799.0M | $780.3M | $763.4M |
| Accumulated other comprehensive income | −$82.1M | −$81.3M | −$76.6M | −$84.2M | −$95.5M | −$100.0M | −$115.7M | −$86.9M | −$122.3M | −$121.6M | −$110.5M | −$166.6M |
| Total shareholders' equity | $808.9M | $794.4M | $809.7M | $798.9M | $764.2M | $756.3M | $730.7M | $741.3M | $686.7M | $682.2M | $677.1M | $610.1M |
| Key figures | ||||||||||||
| Total debt | $527.6M | $524.8M | $517.7M | $519.0M | $489.8M | $497.7M | $475.7M | $489.2M | $472.7M | $454.9M | $434.9M | $378.7M |
| Net cash (debt) | $1.25B | $517.3M | $461.6M | $504.4M | $555.7M | $614.8M | −$234.9M | −$192.8M | $1.20B | $1.21B | $1.06B | $1.09B |
| Working capital | −$3.92B | −$4.65B | −$4.67B | −$4.58B | −$4.52B | −$4.47B | −$5.21B | −$5.12B | −$3.69B | −$3.67B | −$3.75B | −$3.74B |
| Tangible book value | $495.2M | $637.0M | $651.8M | $482.1M | $446.3M | $437.3M | $570.6M | $580.7M | $525.5M | $520.4M | $514.5M | $446.7M |
| Book value per share | $57.53 | $55.65 | $56.36 | $55.24 | $52.81 | $51.69 | $49.72 | $50.59 | $46.69 | $46.04 | $45.79 | $40.83 |
| Shares outstanding | 14.1M | 14.3M | 14.4M | 14.5M | 14.5M | 14.6M | 14.7M | 14.7M | 14.7M | 14.8M | 14.8M | 14.9M |
| Current ratio | 0.31 | 0.19 | 0.18 | 0.19 | 0.19 | 0.20 | 0.05 | 0.06 | 0.31 | 0.31 | 0.29 | 0.28 |
| Quick ratio | 0.31 | 0.19 | 0.18 | 0.19 | 0.19 | 0.20 | 0.05 | 0.06 | 0.31 | 0.31 | 0.29 | 0.28 |
| Debt / equity | 0.65 | 0.66 | 0.64 | 0.65 | 0.64 | 0.66 | 0.65 | 0.66 | 0.69 | 0.67 | 0.64 | 0.62 |
| Equity / assets | 11.9% | 11.8% | 12.0% | 12.0% | 11.6% | 11.4% | 11.3% | 11.5% | 10.8% | 10.8% | 11.0% | 10.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 25, 2026); data from EODHD.
CHCO financial position
At the end of fiscal 2025 (December 31, 2025), City had total assets of $6.7 billion (up 4.1% from a year earlier), total liabilities of $5.9 billion and shareholders' equity of $809.7 million. It held $979.3 million in cash and short-term investments against $517.7 million of debt, a net cash position of $461.6 million. Its current ratio was 0.18. In the latest quarter (ended June 30, 2026) total assets were $6.8 billion and equity $808.9 million.
Related: CHCO income statement, CHCO cash flow statement, CHCO key metrics. See the CHCO stock overview for the latest quote and news.
CHCO balance sheet FAQ
What are City's total assets?
City reported total assets of $6.7 billion at the end of fiscal 2025 (December 31, 2025), compared with $6.5 billion a year earlier.
How much debt does City have?
City had $517.7 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.64.
How much cash does City have?
City held $979.3 million in cash and short-term investments at the end of fiscal 2025; with $517.7 million of debt that is net cash of $461.6 million.
What is City's book value?
City's shareholders' equity (book value) was $809.7 million at the end of fiscal 2025, or $56.36 per share.
What is City's current ratio?
City had current assets of $1000.0 million and current liabilities of $5.7 billion, a current ratio of 0.18 (current liabilities exceed current assets).
How much goodwill does City have?
City carried $157.9 million of goodwill and intangible assets, 2.3% of total assets, at the end of fiscal 2025.