CollPlant Biotechnologies Ltd. (CLGN) Balance Sheet
CLGN balance sheet, 2025
December 31, 2025 · U.S. dollars$10.8M assets = $4.7M liabilities + $6.1M equity
Both columns are drawn to the same scale: what CLGN owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CLGN financial health
Descriptive bands, not a rating. Fiscal 2025.
CLGN balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $3.8M2016 | $10.8M2025 | +12.4%/yr | |
| Total liabilities | $2.4M2016 | $4.7M2025 | +7.7%/yr | |
| Shareholders’ equity | $1.3M2016 | $6.1M2025 | +18.3%/yr | |
| Cash & short-term investments | $987,1052016 | $6.0M2025 | +22.1%/yr | |
| Total debt | $22016 | $2.8M2025 | +397.3%/yr | |
| Net cash (debt) | $987,1032016 | $3.1M2025 | +$2.1M | |
| Working capital | $328,3422016 | $4.1M2025 | +$3.7M | |
| Book value per share | $10.862018 | $4.982025 | −10.5%/yr | |
| Current ratio | 1.192016 | 2.532025 | +1.34 | |
| Debt / equity | 0.002016 | 0.472025 | +0.47 | |
| Shares outstanding | 438K2018 | 1.2M2025 | +15.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CLGN assets
CLGN liabilities and equity
CLGN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CLGN balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $6.0M | $11.9M | $26.7M | $29.7M | $43.3M | $3.3M | $3.8M | $5.3M | $5.1M | $987,105 |
| Cash & equivalents | $6.0M | $11.9M | $26.7M | $29.7M | $13.1M | $3.3M | $3.8M | $5.3M | $5.1M | $987,105 |
| Short-term investments | — | — | $241,000 | $0 | $30.2M | $0 | — | $0 | $0 | $0 |
| Receivables | $1,000 | $583,000 | $393,000 | $9,000 | $270,000 | $830,000 | $79,000 | $516,000 | $102,020 | $949,929 |
| Inventory | $573,000 | $440,000 | $714,000 | $1.4M | $1.1M | $1.3M | $888,000 | $810,365 | $201,404 | $126,605 |
| Other current assets | $223,000 | $248,000 | $241,000 | $566,000 | $437,000 | $251,000 | $282,000 | $485,010 | $1.0M | $34,057 |
| Total current assets | $6.7M | $13.2M | $28.0M | $31.7M | $45.1M | $5.7M | $5.0M | $7.1M | $6.4M | $2.1M |
| Property, plant & equipment (net) | $3.9M | $5.3M | $5.9M | $5.7M | $5.7M | $4.9M | $5.5M | $1.4M | $1.0M | $1.0M |
| Goodwill & intangible assets | $73,000 | $131,000 | $188,000 | $245,000 | $243,000 | $82,000 | $0 | $338,006 | $418,345 | $424,010 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $1 |
| Other non-current assets | $76,000 | $118,000 | $57,000 | $188,000 | $213,000 | $181,000 | $168,000 | $172,057 | $171,193 | $188,478 |
| Total assets | $10.8M | $18.7M | $34.1M | $37.8M | $51.2M | $10.8M | $10.8M | $9.0M | $8.1M | $3.8M |
| Liabilities | ||||||||||
| Accounts payable | $610,000 | $870,000 | $980,000 | $1.1M | $1.0M | $798,000 | $833,000 | $622,000 | $840,718 | $1.3M |
| Short-term debt | $814,000 | $806,000 | $624,000 | $529,000 | $519,000 | $440,000 | $479,000 | $22,000 | $601 | $0 |
| Deferred revenue | — | — | — | — | $32,000 | $207,000 | $942,000 | $965,429 | — | — |
| Total current liabilities | $2.7M | $3.0M | $3.3M | $3.1M | $3.0M | $3.4M | $3.5M | $2.2M | $1.4M | $1.8M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $22,304 | $3.6M | $2 |
| Lease obligations | $2.8M | $3.1M | $3.2M | $2.9M | $3.6M | $3.4M | $3.6M | — | — | — |
| Other long-term liabilities | $2.0M | $2.3M | $2.5M | $2.4M | $3.1M | $3.0M | $3.2M | $2.0M | $404,247 | $641,343 |
| Total liabilities | $4.7M | $5.2M | $5.8M | $5.5M | $6.1M | $6.4M | $6.7M | $4.3M | $5.5M | $2.4M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $5.5M | $5.0M | $5.0M | $4.9M | $4.7M | $2.9M | $2.4M | $1.5M | $1.4M | $833,723 |
| Retained earnings (deficit) | −$124.8M | −$113.3M | −$96.7M | −$89.7M | −$72.8M | −$73.0M | −$67.3M | −$49.0M | −$50.2M | −$41.1M |
| Treasury stock | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Accumulated other comprehensive income | −$969,000 | −$969,000 | −$969,000 | −$969,000 | −$969,000 | −$969,000 | −$969,000 | −$2.8M | −$2.7M | −$2.2M |
| Minority interest | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Total shareholders' equity | $6.1M | $13.5M | $28.3M | $32.3M | $45.1M | $4.5M | $4.1M | $4.8M | $2.6M | $1.3M |
| Key figures | ||||||||||
| Total debt | $2.8M | $3.1M | $3.2M | $2.9M | $3.6M | $3.4M | $3.6M | $44,607 | $3.6M | $2 |
| Net cash (debt) | $3.1M | $8.8M | $23.5M | $26.7M | $39.7M | −$55,000 | $173,000 | $5.3M | $1.5M | $987,103 |
| Working capital | $4.1M | $10.2M | $24.8M | $28.6M | $42.1M | $2.3M | $1.6M | $4.9M | $5.0M | $328,342 |
| Tangible book value | $6.0M | $13.3M | $28.2M | $32.0M | $44.9M | $4.4M | $4.1M | $4.4M | $2.2M | $917,434 |
| Book value per share | $4.98 | $11.76 | $24.88 | $29.26 | $37.71 | $6.50 | $8.20 | $10.86 | — | — |
| Shares outstanding | 1.2M | 1.1M | 1.1M | 1.1M | 1.2M | 689K | 499K | 438K | — | — |
| Current ratio | 2.53 | 4.44 | 8.62 | 10.20 | 14.96 | 1.68 | 1.46 | 3.19 | 4.56 | 1.19 |
| Quick ratio | 2.23 | 4.21 | 8.33 | 9.55 | 14.46 | 1.23 | 1.12 | 2.61 | 3.69 | 1.09 |
| Debt / equity | 0.47 | 0.23 | 0.11 | 0.09 | 0.08 | 0.76 | 0.89 | 0.01 | 1.39 | 0.00 |
| Equity / assets | 56.4% | 72.0% | 83.0% | 85.5% | 88.1% | 41.3% | 38.0% | 52.6% | 32.4% | 35.8% |
| 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 | $3.0M | $4.3M | $6.0M | $8.5M | $11.7M | $10.7M | $11.9M | $15.4M | $18.9M | $23.5M | $26.7M | $29.0M |
| Cash & equivalents | $3.0M | $4.3M | $6.0M | $8.5M | $11.7M | $10.7M | $11.9M | $15.4M | $18.9M | $23.5M | $26.7M | $29.0M |
| Receivables | $16,000 | $233,000 | $1,000 | $11,000 | $364,000 | $440,000 | $583,000 | $431,000 | $250,000 | $90,000 | $0 | $4,000 |
| Inventory | $540,000 | $679,000 | $573,000 | $540,000 | $553,000 | $673,000 | $440,000 | $454,000 | $439,000 | $645,000 | $714,000 | $1.5M |
| Other current assets | $389,000 | $365,000 | $223,000 | $524,000 | $0 | $245,000 | $248,000 | $241,000 | $726,000 | $279,000 | $634,000 | $719,000 |
| Total current assets | $3.9M | $5.5M | $6.7M | $9.6M | $12.6M | $12.1M | $13.2M | $16.5M | $20.3M | $24.5M | $28.0M | $31.2M |
| Property, plant & equipment (net) | $3.2M | $3.5M | $3.9M | $4.2M | $4.6M | $4.9M | $5.3M | $5.7M | $6.0M | $5.6M | $5.9M | $6.1M |
| Goodwill & intangible assets | $45,000 | $59,000 | $73,000 | $88,000 | $102,000 | $116,000 | $131,000 | $145,000 | $159,000 | $173,000 | $0 | $202,000 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $83,000 | $77,000 | $76,000 | $134,000 | $130,000 | $117,000 | $118,000 | $115,000 | $113,000 | $57,000 | $245,000 | $54,000 |
| Total assets | $7.2M | $9.2M | $10.8M | $14.1M | $17.4M | $17.2M | $18.7M | $22.4M | $26.6M | $30.3M | $34.1M | $37.6M |
| Liabilities | ||||||||||||
| Accounts payable | $256,000 | $635,000 | $610,000 | $618,000 | $571,000 | $770,000 | $870,000 | $1.0M | $1.1M | $1.1M | $980,000 | $744,000 |
| Short-term debt | $894,000 | $794,000 | $814,000 | $788,000 | $837,000 | $732,000 | $806,000 | $798,000 | $789,000 | $598,000 | — | $571,000 |
| Total current liabilities | $2.5M | $2.4M | $2.7M | $2.6M | $2.7M | $2.7M | $3.0M | $3.1M | $3.2M | $3.4M | $3.3M | $2.6M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | $2.6M | $2.8M | $2.9M | $3.0M | $2.8M | $3.1M | $3.3M | $3.4M | $3.0M | $3.2M | $3.1M |
| Other long-term liabilities | $1.8M | $1.9M | $2.0M | $2.2M | $2.2M | $2.1M | $2.3M | $2.5M | $2.6M | $2.4M | $2.5M | $2.5M |
| Total liabilities | $4.3M | $4.3M | $4.7M | $4.8M | $4.9M | $4.8M | $5.2M | $5.5M | $5.8M | $5.8M | $5.8M | $5.2M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $6.3M | $6.3M | $5.5M | $5.5M | $5.5M | $5.0M | $5.0M | $5.0M | $5.0M | $5.0M | — | $5.0M |
| Retained earnings (deficit) | −$130.7M | −$127.9M | −$124.8M | −$121.6M | −$118.1M | −$114.8M | −$113.3M | −$109.5M | −$105.1M | −$100.9M | −$96.7M | −$92.1M |
| Accumulated other comprehensive income | −$969,000 | −$969,000 | −$969,000 | −$968,999 | −$969,000 | −$969,000 | −$969,000 | −$969,000 | −$969,000 | −$969,000 | — | −$969,000 |
| Total shareholders' equity | $2.9M | $4.9M | $6.1M | $9.3M | $12.5M | $12.4M | $13.5M | $16.9M | $20.7M | $24.4M | $28.3M | $32.4M |
| Key figures | ||||||||||||
| Total debt | $2.7M | $2.6M | $2.8M | $2.9M | $3.0M | $2.8M | $3.1M | $3.3M | $3.4M | $3.0M | — | $3.1M |
| Net cash (debt) | $291,000 | $1.6M | $3.1M | $5.6M | $8.7M | $7.9M | $8.8M | $12.1M | $15.5M | $20.4M | — | $25.9M |
| Working capital | $1.4M | $3.1M | $4.1M | $7.0M | $9.9M | $9.4M | $10.2M | $13.4M | $17.1M | $21.1M | $24.8M | $28.6M |
| Tangible book value | $2.9M | $4.8M | $6.0M | $9.2M | $12.4M | $12.3M | $13.3M | $16.8M | $20.6M | $24.3M | $28.3M | $32.2M |
| Book value per share | $2.04 | $3.55 | $4.75 | $7.31 | $10.56 | $10.82 | $11.76 | $14.77 | $18.10 | $21.35 | — | $28.31 |
| Shares outstanding | 1.4M | 1.4M | 1.3M | 1.3M | 1.2M | 1.1M | 1.1M | 1.1M | 1.1M | 1.1M | — | 1.1M |
| Current ratio | 1.57 | 2.27 | 2.53 | 3.66 | 4.60 | 4.48 | 4.44 | 5.38 | 6.27 | 7.15 | 8.62 | 11.85 |
| Quick ratio | 1.19 | 1.84 | 2.23 | 3.25 | 4.40 | 4.14 | 4.21 | 5.15 | 5.91 | 6.88 | 8.20 | 11.00 |
| Debt / equity | 0.90 | 0.54 | 0.47 | 0.32 | 0.24 | 0.23 | 0.23 | 0.19 | 0.16 | 0.12 | — | 0.10 |
| Equity / assets | 40.9% | 53.2% | 56.4% | 66.0% | 71.7% | 72.0% | 72.0% | 75.4% | 78.0% | 80.7% | 83.0% | 86.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 26, 2026); data from EODHD.
CLGN financial position
At the end of fiscal 2025 (December 31, 2025), CollPlant Biotechnologies had total assets of $10.8 million (down 42.4% from a year earlier), total liabilities of $4.7 million and shareholders' equity of $6.1 million. It held $6.0 million in cash and short-term investments against $2.8 million of debt, a net cash position of $3.1 million. Its current ratio was 2.53. In the latest quarter (ended June 30, 2026) total assets were $7.2 million and equity $2.9 million.
Related: CLGN income statement, CLGN cash flow statement, CLGN key metrics. See the CLGN stock overview for the latest quote and news.
CLGN balance sheet FAQ
What are CollPlant Biotechnologies's total assets?
CollPlant Biotechnologies reported total assets of $10.8 million at the end of fiscal 2025 (December 31, 2025), compared with $18.7 million a year earlier.
How much debt does CollPlant Biotechnologies have?
CollPlant Biotechnologies had $2.8 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.47.
How much cash does CollPlant Biotechnologies have?
CollPlant Biotechnologies held $6.0 million in cash and short-term investments at the end of fiscal 2025; with $2.8 million of debt that is net cash of $3.1 million.
What is CollPlant Biotechnologies's book value?
CollPlant Biotechnologies's shareholders' equity (book value) was $6.1 million at the end of fiscal 2025, or $4.98 per share.
What is CollPlant Biotechnologies's current ratio?
CollPlant Biotechnologies had current assets of $6.7 million and current liabilities of $2.7 million, a current ratio of 2.53 (it can cover its short-term obligations).
How much goodwill does CollPlant Biotechnologies have?
CollPlant Biotechnologies carried $0.1 million of goodwill and intangible assets, 0.7% of total assets, at the end of fiscal 2025.