General Enterprise Ventures, Inc. (CITR) Balance Sheet
CITR balance sheet, 2025
December 31, 2025 · U.S. dollars$14.2M assets = $2.9M liabilities + $11.3M equity
Both columns are drawn to the same scale: what CITR owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CITR financial health
Descriptive bands, not a rating. Fiscal 2025.
CITR balance sheet trends, 2005–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $9.4M2005 | $14.2M2025 | +6.1%/yr | |
| Total liabilities | $9.3M2005 | $2.9M2025 | −15.3%/yr | |
| Shareholders’ equity | $37,7172005 | $11.3M2025 | +125.7%/yr | |
| Cash & short-term investments | $47,9952005 | $6.3M2025 | +100.6%/yr | |
| Total debt | $4.1M2005 | $2.5M2025 | −7.0%/yr | |
| Net cash (debt) | −$4.0M2005 | $3.8M2025 | +$7.8M | |
| Working capital | −$2.5M2005 | $5.2M2025 | +$7.7M | |
| Book value per share | $0.232023 | $0.912025 | +100.3%/yr | |
| Current ratio | 0.682005 | 3.422025 | +2.74 | |
| Debt / equity | 108.012005 | 0.222025 | −107.80 | |
| Shares outstanding | 16.1M2023 | 12.4M2025 | −12.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CITR assets
CITR liabilities and equity
CITR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CITR balance sheet
| 2025 | 2024 | 2023 | 2009 | 2008 | 2007 | 2006 | 2005 | |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & short-term investments | $6.3M | $775,133 | $549,755 | $466,891 | $375,983 | $954,581 | $618,654 | $47,995 |
| Cash & equivalents | $6.3M | $775,133 | $549,755 | $466,891 | $375,983 | $954,581 | — | $47,995 |
| Receivables | $209,047 | $317,455 | $427,433 | $974,340 | $6.7M | $6.5M | $5.5M | $5.1M |
| Inventory | $620,768 | $324,657 | $230,197 | $0 | $0 | $0 | $0 | $35,921 |
| Other current assets | $317,020 | $74,129 | $10,671 | $56,196 | $537,289 | $156,340 | $428,018 | $90,347 |
| Total current assets | $7.4M | $1.5M | $1.2M | $1.5M | $7.6M | $7.6M | $6.6M | $5.3M |
| Property, plant & equipment (net) | $1.4M | $160,721 | $136,982 | $12.7M | $7.8M | $4.0M | $2.9M | $2.5M |
| Goodwill & intangible assets | $5.3M | $3.7M | $3.9M | $0 | $1.8M | $2.0M | $2.1M | $644,647 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $57,491 | $126,104 | $0 | $6.7M | $0 | $1.9M | $1.4M | $932,814 |
| Total assets | $14.2M | $5.5M | $5.3M | $20.9M | $10.5M | $15.4M | $13.0M | $9.4M |
| Liabilities | ||||||||
| Accounts payable | $169,278 | $186,984 | $54,572 | $2.2M | $564,637 | $4.3M | $3.8M | $3.9M |
| Short-term debt | $1.7M | $919,666 | $1.6M | $19.1M | $11.8M | $2.1M | $1.1M | $2.5M |
| Deferred revenue | $3,000 | — | — | — | — | — | — | — |
| Total current liabilities | $2.2M | $2.2M | $1.6M | $22.6M | $12.9M | $9.3M | $8.5M | $7.8M |
| Long-term debt | $133,381 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $765,211 | — | — | — | — | — | — | — |
| Other long-term liabilities | $617,598 | $0 | $50,046 | $14.1M | $500,000 | $5.4M | $4.4M | $1.5M |
| Total liabilities | $2.9M | $2.2M | $1.7M | $36.7M | $13.4M | $14.6M | $12.8M | $9.3M |
| Shareholders' equity | ||||||||
| Common stock & paid-in capital | $1,852 | $3,684 | $9,755 | $14,570 | $12,692 | $12,474 | $5,920 | $27,895 |
| Retained earnings (deficit) | −$113.2M | −$76.4M | −$69.5M | −$70.5M | −$56.5M | −$49.4M | −$33.3M | −$13.3M |
| Accumulated other comprehensive income | — | — | $680,000 | — | — | — | — | — |
| Total shareholders' equity | $11.3M | $3.3M | $3.6M | −$15.8M | −$2.9M | $785,691 | $146,135 | $37,717 |
| Key figures | ||||||||
| Total debt | $2.5M | $919,666 | $1.6M | $30.3M | $12.8M | $7.5M | $5.5M | $4.1M |
| Net cash (debt) | $3.8M | −$144,533 | −$1.1M | −$29.8M | −$12.4M | −$6.5M | −$4.9M | −$4.0M |
| Working capital | $5.2M | −$670,509 | −$399,729 | −$21.1M | −$5.3M | −$1.6M | −$1.9M | −$2.5M |
| Tangible book value | $5.9M | −$383,684 | −$312,794 | −$15.8M | −$4.7M | −$1.2M | −$2.0M | −$606,930 |
| Book value per share | $0.91 | $0.40 | $0.23 | — | — | — | — | — |
| Shares outstanding | 12.4M | 8.4M | 16.1M | — | — | — | — | — |
| Current ratio | 3.42 | 0.69 | 0.75 | 0.07 | 0.59 | 0.82 | 0.78 | 0.68 |
| Quick ratio | 2.99 | 0.51 | 0.60 | 0.06 | 0.55 | 0.81 | 0.73 | 0.67 |
| Debt / equity | 0.22 | 0.28 | 0.44 | — | — | 9.52 | 37.63 | 108.01 |
| Equity / assets | 79.4% | 60.5% | 68.6% | −75.6% | −28.0% | 5.1% | 1.1% | 0.4% |
| 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 | $2.5M | $4.3M | $6.3M | $6.2M | $2.3M | $3.7M | $775,133 | $309,129 | $546,555 | $371,095 | $549,755 | $565,867 |
| Cash & equivalents | $2.5M | $4.3M | $6.3M | $6.2M | $2.3M | $3.7M | $775,133 | $309,129 | $546,555 | $371,095 | $549,755 | $565,867 |
| Receivables | $165,436 | $130,314 | $209,047 | $508,175 | $653,995 | $745,769 | $317,455 | $429,906 | $650,871 | $680,965 | $427,433 | $182,308 |
| Inventory | $579,125 | $696,142 | $620,768 | $467,317 | $409,923 | $312,484 | $324,657 | $271,143 | $192,081 | $188,791 | $230,197 | $184,678 |
| Other current assets | $418,804 | $512,309 | $317,020 | $87,068 | $206,370 | $60,902 | $74,129 | $43,059 | $11,462 | $11,463 | $10,671 | $14,830 |
| Total current assets | $3.7M | $5.6M | $7.4M | $7.3M | $3.6M | $4.9M | $1.5M | $1.1M | $1.4M | $1.3M | $1.2M | $947,683 |
| Property, plant & equipment (net) | $1.2M | $1.3M | $1.4M | $1.5M | $1.3M | $368,309 | $160,721 | $75,816 | $96,529 | $116,720 | $136,982 | $154,881 |
| Goodwill & intangible assets | $5.1M | $5.2M | $5.3M | $3.5M | $3.6M | $3.6M | $3.7M | $3.8M | $3.8M | $3.9M | $3.9M | $4.2M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $57,491 | $57,491 | $57,491 | $36,991 | $222,318 | $186,443 | $126,104 | $57,131 | $34,675 | $0 | $0 | $0 |
| Total assets | $10.0M | $12.2M | $14.2M | $12.3M | $8.7M | $9.1M | $5.5M | $4.9M | $5.4M | $5.3M | $5.3M | $5.3M |
| Liabilities | ||||||||||||
| Accounts payable | $198,361 | $317,505 | $169,278 | $570,593 | $343,329 | $363,060 | $186,984 | $153,530 | $100,746 | $70,257 | $54,572 | $62,156 |
| Short-term debt | $179,141 | $2.4M | $1.7M | $2.3M | $1.3M | $1.4M | $919,666 | $2.0M | $2.0M | $1.4M | $1.6M | $1.7M |
| Deferred revenue | $21,394 | — | $3,000 | $6,000 | $94,860 | $157,236 | — | — | — | — | — | — |
| Total current liabilities | $420,088 | $2.9M | $2.2M | $3.0M | $5.8M | $5.0M | $2.2M | $2.1M | $2.1M | $1.5M | $1.6M | $1.7M |
| Long-term debt | $0 | $0 | $133,381 | $125,149 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | — | $765,211 | $799,130 | $832,462 | $28,830 | — | — | — | — | — | — |
| Other long-term liabilities | $603,089 | $703,225 | $617,598 | $655,956 | $693,652 | $0 | $0 | $0 | $7,265 | $28,830 | $50,046 | $70,923 |
| Total liabilities | $1.0M | $3.6M | $2.9M | $3.8M | $6.5M | $5.0M | $2.2M | $2.1M | $2.1M | $1.5M | $1.7M | $1.8M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2,251 | $1,911 | $1,852 | $1,770 | $6,609 | $5,238 | $3,684 | $3,680 | $3,655 | $3,630 | $9,755 | $9,755 |
| Retained earnings (deficit) | −$123.3M | −$119.4M | −$113.2M | −$107.1M | −$99.2M | −$87.3M | −$76.4M | −$74.6M | −$73.9M | −$73.0M | −$69.5M | −$69.1M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | $290,000 | $270,000 | $680,000 | $180,000 |
| Total shareholders' equity | $9.0M | $8.7M | $11.3M | $8.5M | $2.2M | $4.1M | $3.3M | $2.8M | $3.2M | $3.8M | $3.6M | $3.5M |
| Key figures | ||||||||||||
| Total debt | $782,231 | $3.0M | $2.5M | $3.1M | $2.0M | $1.4M | $919,666 | $2.0M | $2.0M | $1.4M | $1.6M | $1.7M |
| Net cash (debt) | $1.7M | $1.3M | $3.8M | $3.1M | $284,091 | $2.4M | −$144,533 | −$1.7M | −$1.5M | −$1.0M | −$1.1M | −$1.2M |
| Working capital | $3.3M | $2.8M | $5.2M | $4.3M | −$2.2M | −$100,614 | −$670,509 | −$1.1M | −$730,031 | −$209,071 | −$399,729 | −$774,404 |
| Tangible book value | $3.9M | $3.5M | $5.9M | $5.0M | −$1.4M | $454,138 | −$383,684 | −$926,948 | −$606,094 | −$121,181 | −$312,794 | −$690,447 |
| Book value per share | $0.41 | $0.46 | $0.61 | $0.63 | $0.21 | $0.51 | $0.54 | $0.46 | $0.53 | $0.24 | $0.22 | $0.22 |
| Shares outstanding | 21.8M | 18.8M | 18.5M | 13.5M | 10.5M | 8.0M | 6.1M | 6.1M | 6.1M | 15.4M | 16.3M | 16.3M |
| Current ratio | 8.77 | 1.97 | 3.42 | 2.44 | 0.62 | 0.98 | 0.69 | 0.50 | 0.66 | 0.86 | 0.75 | 0.55 |
| Quick ratio | 6.39 | 1.55 | 2.99 | 2.25 | 0.51 | 0.90 | 0.51 | 0.35 | 0.56 | 0.72 | 0.60 | 0.43 |
| Debt / equity | 0.09 | 0.34 | 0.22 | 0.36 | 0.93 | 0.33 | 0.28 | 0.69 | 0.63 | 0.38 | 0.44 | 0.49 |
| Equity / assets | 89.8% | 71.0% | 79.4% | 69.4% | 25.2% | 45.2% | 60.5% | 57.3% | 60.1% | 71.6% | 68.6% | 66.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 31, 2025); data from EODHD.
CITR financial position
At the end of fiscal 2025 (December 31, 2025), General Enterprise Ventures had total assets of $14.2 million (up 158.9% from a year earlier), total liabilities of $2.9 million and shareholders' equity of $11.3 million. It held $6.3 million in cash and short-term investments against $2.5 million of debt, a net cash position of $3.8 million. Its current ratio was 3.42. In the latest quarter (ended June 30, 2026) total assets were $10.0 million and equity $9.0 million.
Related: CITR income statement, CITR cash flow statement, CITR key metrics. See the CITR stock overview for the latest quote and news.
CITR balance sheet FAQ
What are General Enterprise Ventures's total assets?
General Enterprise Ventures reported total assets of $14.2 million at the end of fiscal 2025 (December 31, 2025), compared with $5.5 million a year earlier.
How much debt does General Enterprise Ventures have?
General Enterprise Ventures had $2.5 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.22.
How much cash does General Enterprise Ventures have?
General Enterprise Ventures held $6.3 million in cash and short-term investments at the end of fiscal 2025; with $2.5 million of debt that is net cash of $3.8 million.
What is General Enterprise Ventures's book value?
General Enterprise Ventures's shareholders' equity (book value) was $11.3 million at the end of fiscal 2025, or $0.91 per share.
What is General Enterprise Ventures's current ratio?
General Enterprise Ventures had current assets of $7.4 million and current liabilities of $2.2 million, a current ratio of 3.42 (it can cover its short-term obligations).
How much goodwill does General Enterprise Ventures have?
General Enterprise Ventures carried $5.3 million of goodwill and intangible assets, 37.6% of total assets, at the end of fiscal 2025.