Cumberland Pharmaceuticals Inc. (CPIX) Balance Sheet
CPIX balance sheet, 2025
December 31, 2025 · U.S. dollars$76.8M assets = $52.3M liabilities + $24.5M equity
Both columns are drawn to the same scale: what CPIX owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CPIX financial health
Descriptive bands, not a rating. Fiscal 2025.
CPIX balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $93.4M2016 | $76.8M2025 | −2.1%/yr | |
| Total liabilities | $20.3M2016 | $52.3M2025 | +11.1%/yr | |
| Shareholders’ equity | $73.1M2016 | $24.9M2025 | −11.3%/yr | |
| Cash & short-term investments | $50.1M2016 | $11.4M2025 | −15.1%/yr | |
| Total debt | $4.1M2016 | $10.2M2025 | +10.6%/yr | |
| Net cash (debt) | $46.0M2016 | $1.3M2025 | −$44.8M | |
| Working capital | $50.8M2016 | $315,3482025 | −$50.4M | |
| Book value per share | $4.502016 | $1.662025 | −10.5%/yr | |
| Current ratio | 4.432016 | 1.012025 | −3.42 | |
| Debt / equity | 0.062016 | 0.412025 | +0.35 | |
| Shares outstanding | 16.2M2016 | 15.0M2025 | −0.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CPIX assets
CPIX liabilities and equity
CPIX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CPIX balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $11.4M | $18.0M | $18.3M | $19.8M | $27.0M | $24.8M | $28.2M | $36.2M | $50.1M | $50.1M |
| Cash & equivalents | $11.4M | $18.0M | $18.3M | $19.8M | $27.0M | $24.8M | $28.2M | $27.9M | $45.4M | $34.5M |
| Short-term investments | — | — | — | — | — | — | $0 | $8.3M | $4.7M | $15.6M |
| Receivables | $16.9M | $11.7M | $9.8M | $13.2M | $6.9M | $12.4M | $7.9M | $7.8M | $8.4M | $7.3M |
| Inventory | $6.2M | $4.0M | $4.6M | $9.9M | $8.4M | $10.6M | $8.9M | $27.8M | $6.7M | $5.4M |
| Other current assets | $2.4M | $2.8M | $3.0M | $3.1M | $3.3M | $2.2M | $5.2M | $3.0M | $3.5M | $2.7M |
| Total current assets | $37.1M | $36.5M | $35.7M | $45.9M | $45.7M | $50.0M | $50.2M | $74.9M | $68.7M | $65.5M |
| Property, plant & equipment (net) | $8.6M | $6.5M | $7.0M | $5.5M | $1.5M | $2.6M | $3.7M | $771,213 | $528,882 | $464,454 |
| Goodwill & intangible assets | $14.9M | $18.9M | $23.5M | $31.5M | $24.8M | $29.0M | $31.8M | $34.4M | $21.4M | $22.2M |
| Long-term investments | $4.0M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $12.2M | $13.8M | $15.5M | $10.0M | $12.5M | $14.9M | $18.9M | $2.6M | $2.6M | $5.2M |
| Total assets | $76.8M | $75.6M | $81.8M | $92.9M | $84.5M | $96.5M | $104.5M | $112.7M | $93.2M | $93.4M |
| Liabilities | ||||||||||
| Accounts payable | $18.6M | $13.9M | $14.0M | $10.8M | $9.6M | $13.4M | $10.0M | $11.1M | $9.0M | $8.0M |
| Short-term debt | $467,774 | $5.5M | $348,092 | $172,910 | $969,677 | $3.2M | $920,431 | — | $9.8M | $4.1M |
| Deferred revenue | — | — | — | — | — | — | $5.5M | — | — | — |
| Total current liabilities | $36.7M | $31.6M | $28.0M | $28.6M | $19.3M | $25.7M | $24.2M | $27.8M | $17.7M | $14.8M |
| Long-term debt | $5.2M | $10.2M | $12.8M | $16.2M | $15.0M | $15.0M | $18.5M | $20.0M | $9.8M | $4.1M |
| Lease obligations | $4.9M | $5.3M | $5.6M | $4.8M | $1.1M | $2.1M | $3.0M | — | — | — |
| Other long-term liabilities | $10.3M | $11.2M | $11.7M | $12.2M | $7.6M | $8.9M | $10.8M | $9.3M | $1.8M | $1.4M |
| Total liabilities | $52.3M | $53.0M | $52.5M | $57.0M | $41.9M | $49.6M | $53.5M | $57.1M | $29.3M | $20.3M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $51.7M | $46.8M | $47.1M | $47.5M | $48.5M | $49.1M | $49.9M | $51.1M | $52.4M | $54.6M |
| Retained earnings (deficit) | −$26.8M | −$24.0M | −$17.5M | −$11.2M | −$5.6M | −$2.1M | $1.2M | $4.7M | $11.7M | $18.6M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | — | — | — | — | $0 | $0 | $0 | $0 | $0 | −$2.7M |
| Minority interest | −$336,100 | −$307,517 | −$343,572 | −$292,126 | — | −$117,116 | −$37,620 | −$274,266 | −$198,562 | −$127,380 |
| Total shareholders' equity | $24.9M | $22.9M | $29.6M | $36.3M | $42.8M | $47.0M | $51.1M | $55.8M | $63.9M | $73.1M |
| Key figures | ||||||||||
| Total debt | $10.2M | $20.6M | $18.4M | $21.0M | $16.1M | $19.3M | $21.5M | $20.0M | $9.8M | $4.1M |
| Net cash (debt) | $1.3M | −$2.6M | −$106,859 | −$1.2M | $11.0M | $5.5M | $6.7M | $16.2M | $40.3M | $46.0M |
| Working capital | $315,348 | $4.8M | $7.7M | $17.3M | $26.4M | $24.3M | $26.0M | $47.1M | $51.0M | $50.8M |
| Tangible book value | $9.9M | $4.0M | $6.1M | $4.8M | $18.0M | $18.0M | $19.3M | $21.4M | $42.5M | $51.0M |
| Book value per share | $1.66 | $1.63 | $2.07 | $2.49 | $2.87 | $3.10 | $3.32 | $3.58 | $4.02 | $4.50 |
| Shares outstanding | 15.0M | 14.1M | 14.3M | 14.6M | 14.9M | 15.2M | 15.4M | 15.6M | 15.9M | 16.2M |
| Current ratio | 1.01 | 1.15 | 1.28 | 1.60 | 2.37 | 1.95 | 2.08 | 2.69 | 3.88 | 4.43 |
| Quick ratio | 0.77 | 0.94 | 1.00 | 1.15 | 1.76 | 1.45 | 1.49 | 1.59 | 3.30 | 3.88 |
| Debt / equity | 0.41 | 0.90 | 0.62 | 0.58 | 0.38 | 0.41 | 0.42 | 0.36 | 0.15 | 0.06 |
| Equity / assets | 32.4% | 30.2% | 36.2% | 39.0% | 50.7% | 48.7% | 48.9% | 49.6% | 68.6% | 78.3% |
| 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 | $3.9M | $11.0M | $11.4M | $15.2M | $16.1M | $15.1M | $18.0M | $17.5M | $17.3M | $18.5M | $18.3M | $18.5M |
| Cash & equivalents | $3.9M | $11.0M | $11.4M | $15.2M | $16.1M | $15.1M | $18.0M | $17.5M | $17.3M | $18.5M | $18.3M | $18.5M |
| Receivables | $13.4M | $14.3M | $16.9M | $10.4M | $10.3M | $10.5M | $11.7M | $11.3M | $11.6M | $10.6M | $9.8M | $12.6M |
| Inventory | $29,935 | $5.5M | $6.2M | $2.9M | $3.2M | $4.1M | $4.0M | $4.5M | $4.3M | $4.3M | $4.6M | $8.7M |
| Other current assets | $16.3M | $2.1M | $2.4M | $1.4M | $1.6M | $2.2M | $2.8M | $2.0M | $2.3M | $2.7M | $3.0M | $2.0M |
| Total current assets | $33.6M | $32.8M | $37.1M | $29.9M | $31.2M | $31.9M | $36.5M | $35.2M | $35.6M | $36.2M | $35.7M | $41.8M |
| Property, plant & equipment (net) | $7.5M | $7.9M | $8.6M | $7.9M | $7.4M | $7.5M | $6.5M | $6.5M | $6.7M | $6.9M | $7.0M | $7.1M |
| Goodwill & intangible assets | $43,804 | $13.7M | $14.9M | $15.9M | $16.9M | $17.9M | $18.9M | $20.3M | $21.4M | $22.4M | $23.5M | $28.0M |
| Long-term investments | $0 | $3.8M | $4.0M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $21.7M | $12.8M | $12.2M | $12.2M | $12.4M | $12.7M | $13.8M | $14.7M | $14.9M | $16.0M | $15.5M | $10.9M |
| Total assets | $62.9M | $71.0M | $76.8M | $65.9M | $67.9M | $69.9M | $75.6M | $76.7M | $78.5M | $81.5M | $81.8M | $87.8M |
| Liabilities | ||||||||||||
| Accounts payable | $19.6M | $16.5M | $18.6M | $13.8M | $13.4M | $13.9M | $13.9M | $12.1M | $12.5M | $13.1M | $14.0M | $10.8M |
| Short-term debt | $503,016 | $485,162 | $467,774 | $401,445 | $386,077 | $371,094 | $5.5M | $6.4M | $376,780 | $362,244 | $348,092 | $334,288 |
| Total current liabilities | $35.2M | $34.5M | $36.7M | $24.3M | $24.0M | $25.5M | $31.6M | $31.1M | $24.8M | $26.4M | $28.0M | $27.3M |
| Long-term debt | $0 | $5.2M | $5.2M | $5.2M | $5.2M | $5.2M | $10.2M | $10.1M | $16.1M | $16.1M | $12.8M | $12.9M |
| Lease obligations | $4.7M | $4.8M | $4.9M | $5.0M | $5.1M | $5.2M | $5.3M | $5.4M | $5.5M | $5.6M | $5.6M | $5.7M |
| Other long-term liabilities | $10.6M | $10.0M | $10.3M | $10.5M | $11.0M | $10.8M | $11.2M | $11.1M | $11.6M | $11.8M | $11.7M | $11.8M |
| Total liabilities | $45.8M | $49.7M | $52.3M | $40.1M | $40.2M | $41.6M | $53.0M | $52.3M | $52.5M | $54.3M | $52.5M | $52.1M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $51.8M | $51.7M | $51.7M | $51.5M | $51.4M | $51.4M | $46.8M | $46.8M | $46.9M | $46.9M | $47.1M | $47.2M |
| Retained earnings (deficit) | −$34.4M | −$30.1M | −$26.8M | −$25.4M | −$23.5M | −$22.7M | −$24.0M | −$22.1M | −$20.5M | −$19.4M | −$17.5M | −$11.2M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | $0 | $0 | — | $0 |
| Minority interest | −$331,565 | −$333,512 | −$336,100 | −$319,150 | −$310,868 | — | — | — | — | — | — | — |
| Total shareholders' equity | $17.4M | $21.6M | $24.9M | $26.1M | $28.0M | $28.7M | $22.9M | $24.8M | $26.3M | $27.5M | $29.6M | $36.0M |
| Key figures | ||||||||||||
| Total debt | $4.7M | $10.1M | $10.2M | $10.2M | $10.3M | $10.4M | $20.6M | $21.5M | $21.6M | $21.6M | $18.4M | $18.6M |
| Net cash (debt) | −$851,782 | $937,458 | $1.3M | $5.0M | $5.7M | $4.7M | −$2.6M | −$4.0M | −$4.2M | −$3.1M | −$106,859 | −$138,348 |
| Working capital | −$1.6M | −$1.7M | $315,348 | $5.6M | $7.2M | $6.4M | $4.8M | $4.1M | $10.8M | $9.8M | $7.7M | $14.4M |
| Tangible book value | $17.4M | $7.9M | $9.9M | $10.2M | $11.1M | $10.8M | $4.0M | $4.4M | $5.0M | $5.1M | $6.1M | $8.0M |
| Book value per share | $1.16 | $1.45 | $1.66 | $1.75 | $1.87 | $1.88 | $1.64 | $1.76 | $1.87 | $1.95 | $2.09 | $2.52 |
| Shares outstanding | 15.0M | 15.0M | 15.0M | 15.0M | 15.0M | 15.3M | 14.0M | 14.1M | 14.1M | 14.1M | 14.2M | 14.3M |
| Current ratio | 0.96 | 0.95 | 1.01 | 1.23 | 1.30 | 1.25 | 1.15 | 1.13 | 1.44 | 1.37 | 1.28 | 1.53 |
| Quick ratio | 0.49 | 0.73 | 0.77 | 1.05 | 1.10 | 1.00 | 0.94 | 0.93 | 1.17 | 1.10 | 1.00 | 1.14 |
| Debt / equity | 0.27 | 0.47 | 0.41 | 0.39 | 0.37 | 0.36 | 0.90 | 0.87 | 0.82 | 0.79 | 0.62 | 0.52 |
| Equity / assets | 27.7% | 30.5% | 32.4% | 39.6% | 41.2% | 41.0% | 30.2% | 32.3% | 33.6% | 33.7% | 36.2% | 41.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 9, 2026); data from EODHD.
CPIX financial position
At the end of fiscal 2025 (December 31, 2025), Cumberland Pharmaceuticals had total assets of $76.8 million (up 1.6% from a year earlier), total liabilities of $52.3 million and shareholders' equity of $24.9 million. It held $11.4 million in cash and short-term investments against $10.2 million of debt, a net cash position of $1.3 million. Its current ratio was 1.01. In the latest quarter (ended June 30, 2026) total assets were $62.9 million and equity $17.4 million.
Related: CPIX income statement, CPIX cash flow statement, CPIX key metrics. See the CPIX stock overview for the latest quote and news.
CPIX balance sheet FAQ
What are Cumberland Pharmaceuticals's total assets?
Cumberland Pharmaceuticals reported total assets of $76.8 million at the end of fiscal 2025 (December 31, 2025), compared with $75.6 million a year earlier.
How much debt does Cumberland Pharmaceuticals have?
Cumberland Pharmaceuticals had $10.2 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.41.
How much cash does Cumberland Pharmaceuticals have?
Cumberland Pharmaceuticals held $11.4 million in cash and short-term investments at the end of fiscal 2025; with $10.2 million of debt that is net cash of $1.3 million.
What is Cumberland Pharmaceuticals's book value?
Cumberland Pharmaceuticals's shareholders' equity (book value) was $24.9 million at the end of fiscal 2025, or $1.66 per share.
What is Cumberland Pharmaceuticals's current ratio?
Cumberland Pharmaceuticals had current assets of $37.1 million and current liabilities of $36.7 million, a current ratio of 1.01 (it can cover its short-term obligations).
How much goodwill does Cumberland Pharmaceuticals have?
Cumberland Pharmaceuticals carried $14.9 million of goodwill and intangible assets, 19.4% of total assets, at the end of fiscal 2025.