Cheetah Net Supply Chain Service Inc. (CTNT) Balance Sheet
CTNT balance sheet, 2025
December 31, 2025 · U.S. dollars$11.9M assets = $2.5M liabilities + $9.4M equity
Both columns are drawn to the same scale: what CTNT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CTNT financial health
Descriptive bands, not a rating. Fiscal 2025.
CTNT balance sheet trends, 2020–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $4.0M2020 | $11.9M2025 | +24.5%/yr | |
| Total liabilities | $5.3M2020 | $2.5M2025 | −14.0%/yr | |
| Shareholders’ equity | −$1.3M2020 | $9.4M2025 | — | |
| Cash & short-term investments | $8,4342020 | $233,2172025 | +94.2%/yr | |
| Total debt | $2.4M2020 | $1.2M2025 | −13.0%/yr | |
| Net cash (debt) | −$2.4M2020 | −$981,6982025 | +$1.4M | |
| Working capital | −$1.6M2020 | $7.7M2025 | +$9.3M | |
| Current ratio | 0.682020 | 6.742025 | +6.06 | |
| Debt / equity | 6.602022 | 0.132025 | −6.47 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CTNT assets
CTNT liabilities and equity
CTNT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CTNT balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & short-term investments | $233,217 | $1.7M | $432,998 | $58,381 | $500,977 | $8,434 |
| Cash & equivalents | $233,217 | $1.7M | $432,998 | $58,381 | $500,977 | $8,434 |
| Receivables | $8.5M | $47,976 | $7.4M | $7.5M | $760,180 | $106,680 |
| Inventory | $0 | −$112,751 | $1.5M | $6.0M | $16.0M | $3.0M |
| Other current assets | $340,889 | $9.5M | $478,408 | $923,332 | $392,696 | $256,717 |
| Total current assets | $9.1M | $11.0M | $9.8M | $14.5M | $17.7M | $3.4M |
| Property, plant & equipment (net) | $1.5M | $2.2M | $190,823 | $140,145 | $309,647 | $160,634 |
| Goodwill & intangible assets | $1.3M | $2.1M | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $0 | $47,905 | $86,734 | $244,795 | $425,323 |
| Total assets | $11.9M | $15.4M | $10.1M | $14.7M | $18.3M | $4.0M |
| Liabilities | ||||||
| Accounts payable | $32,762 | $18,992 | $40,430 | $86,285 | $733,716 | — |
| Short-term debt | $630,309 | $593,389 | $1.9M | $11.5M | $14.2M | $2.1M |
| Deferred revenue | — | — | — | — | $1.8M | — |
| Total current liabilities | $1.3M | $883,261 | $2.4M | $12.2M | $17.9M | $5.0M |
| Long-term debt | $572,653 | $610,020 | $644,725 | $678,442 | $364,463 | $0 |
| Lease obligations | $1.2M | $1.7M | $190,824 | $149,458 | $313,007 | — |
| Other long-term liabilities | $584,606 | $1.3M | $151,121 | $0 | $149,457 | $327,987 |
| Total liabilities | $2.5M | $2.8M | $3.2M | $12.9M | $18.4M | $5.3M |
| Shareholders' equity | ||||||
| Common stock & paid-in capital | $342 | $322 | $1,792 | $1,667 | $1,500 | $1,500 |
| Retained earnings (deficit) | −$8.3M | −$4.7M | $508,241 | $374,371 | −$442,609 | −$1.6M |
| Accumulated other comprehensive income | — | $0 | — | — | — | — |
| Total shareholders' equity | $9.4M | $12.6M | $6.9M | $1.8M | −$170,425 | −$1.3M |
| Key figures | ||||||
| Total debt | $1.2M | $2.5M | $2.7M | $12.2M | $14.8M | $2.4M |
| Net cash (debt) | −$981,698 | −$820,948 | −$2.3M | −$12.1M | −$14.3M | −$2.4M |
| Working capital | $7.7M | $10.2M | $7.5M | $2.3M | −$210,947 | −$1.6M |
| Tangible book value | $8.1M | $10.5M | $6.9M | $1.8M | −$170,425 | −$1.3M |
| Current ratio | 6.74 | 12.50 | 4.16 | 1.19 | 0.99 | 0.68 |
| Quick ratio | 6.48 | 1.92 | 3.32 | 0.62 | 0.07 | 0.02 |
| Debt / equity | 0.13 | 0.20 | 0.39 | 6.60 | — | — |
| Equity / assets | 78.9% | 82.0% | 68.6% | 12.5% | −0.9% | −33.8% |
| 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 | $43.3M | $713,948 | $233,217 | $153,692 | $185,186 | $324,142 | $1.7M | $5.3M | $6.3M | $903,204 | $432,998 | $704,869 |
| Cash & equivalents | $2.1M | $713,948 | $233,217 | $153,692 | $185,186 | $324,142 | $1.7M | $5.3M | $6.3M | $903,204 | $432,998 | $704,869 |
| Short-term investments | $41.1M | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | $38.1M | $5.0M | $8.5M | $11,700 | $9.5M | $9.7M | $47,976 | $6.5M | $6.9M | $6.2M | $7.4M | $5.6M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | −$112,751 | $0 | $0 | $200,296 | $1.5M | $5.3M |
| Other current assets | $0 | $42.6M | $340,889 | $9.6M | $233,921 | $260,686 | $9.5M | $646,959 | $407,375 | $493,912 | $478,408 | $1.0M |
| Total current assets | $75.7M | $48.4M | $9.1M | $9.7M | $9.9M | $10.2M | $11.0M | $12.4M | $13.6M | $7.8M | $9.8M | $12.7M |
| Property, plant & equipment (net) | $840,721 | $1.4M | $1.5M | $1.8M | $1.9M | $2.1M | $2.2M | $2.4M | $1.2M | $856,512 | $190,823 | $207,680 |
| Goodwill & intangible assets | $3.2M | $1.2M | $1.3M | $1.3M | $2.1M | $2.1M | $2.1M | $1.0M | $1.1M | $955,270 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $2.8M | $0 | $0 | $0 | $0 | $100,600 | $0 | $974,609 | $414,630 | $884,646 | $47,905 | $38,597 |
| Total assets | $82.5M | $51.0M | $11.9M | $12.8M | $13.9M | $14.5M | $15.4M | $16.8M | $16.3M | $10.5M | $10.1M | $12.9M |
| Liabilities | ||||||||||||
| Accounts payable | $733,426 | $6,778 | $32,762 | $1,669 | $1,283 | $33,010 | $18,992 | $7,515 | $4,366 | $54,131 | $40,430 | $86,285 |
| Short-term debt | $539,528 | $657,408 | $712,959 | $807,673 | $649,131 | $620,024 | $593,389 | $589,009 | $774,722 | $945,836 | $1.9M | $4.3M |
| Deferred revenue | — | — | — | — | — | — | — | — | — | — | — | −$86,285 |
| Total current liabilities | $1.6M | $1.1M | $1.3M | $1.3M | $976,800 | $915,622 | $883,261 | $835,885 | $1.2M | $1.5M | $2.4M | $5.1M |
| Long-term debt | $552,570 | $562,399 | $572,653 | $581,836 | $590,352 | $600,634 | $610,020 | $619,198 | $628,215 | $636,243 | $644,725 | $653,102 |
| Lease obligations | $547,199 | $1.0M | $1.2M | $1.4M | $1.6M | $1.6M | $1.7M | $1.8M | $749,364 | $783,454 | $190,824 | $209,845 |
| Other long-term liabilities | $44,950 | $419,634 | $584,606 | $778,642 | $950,372 | $1.1M | $1.3M | $1.4M | $592,904 | $634,538 | $151,121 | $164,432 |
| Total liabilities | $2.2M | $2.1M | $2.5M | $2.7M | $2.5M | $2.6M | $2.8M | $2.9M | $2.5M | $2.8M | $3.2M | $6.0M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $316 | $18 | $342 | $328 | $322 | $322 | $322 | $251 | $3,240 | $1,919 | $1,792 | $1,792 |
| Retained earnings (deficit) | −$8.9M | −$8.9M | −$8.3M | −$7.3M | −$5.9M | −$5.4M | −$4.7M | −$2.5M | −$713,569 | −$100,689 | $508,241 | $545,086 |
| Accumulated other comprehensive income | — | — | — | $0 | — | — | $0 | — | — | — | — | −$600,000 |
| Total shareholders' equity | $80.3M | $48.9M | $9.4M | $10.1M | $11.4M | $11.9M | $12.6M | $14.0M | $13.8M | $7.7M | $6.9M | $6.9M |
| Key figures | ||||||||||||
| Total debt | $1.1M | $1.1M | $1.9M | $2.2M | $2.2M | $2.3M | $2.5M | $2.6M | $2.0M | $2.2M | $2.7M | $5.1M |
| Net cash (debt) | $42.1M | −$363,094 | −$1.6M | −$2.0M | −$2.0M | −$2.0M | −$820,948 | $2.7M | $4.3M | −$1.3M | −$2.3M | −$4.4M |
| Working capital | $74.1M | $47.3M | $7.7M | $8.4M | $8.9M | $9.3M | $10.2M | $11.6M | $12.4M | $6.3M | $7.5M | $7.5M |
| Tangible book value | $77.2M | $47.6M | $8.1M | $8.8M | $9.3M | $9.8M | $10.5M | $12.9M | $12.8M | $6.8M | $6.9M | $6.9M |
| Current ratio | 47.55 | 43.21 | 6.74 | 7.51 | 10.15 | 11.19 | 12.50 | 14.86 | 10.98 | 5.07 | 4.16 | 2.46 |
| Quick ratio | 51.06 | 5.14 | 6.48 | 0.13 | 9.91 | 10.91 | 1.92 | 14.08 | 10.65 | 4.62 | 3.32 | 1.23 |
| Debt / equity | 0.01 | 0.02 | 0.20 | 0.21 | 0.19 | 0.20 | 0.20 | 0.19 | 0.14 | 0.29 | 0.39 | 0.73 |
| Equity / assets | 97.3% | 95.9% | 78.9% | 79.2% | 81.9% | 81.9% | 82.0% | 82.9% | 84.9% | 73.3% | 68.6% | 53.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 20, 2026); data from EODHD.
CTNT financial position
At the end of fiscal 2025 (December 31, 2025), Cheetah Net Supply Chain Service had total assets of $11.9 million (down 22.9% from a year earlier), total liabilities of $2.5 million and shareholders' equity of $9.4 million. It held $0.2 million in cash and short-term investments against $1.2 million of debt, net debt of $1.0 million. Its current ratio was 6.74. In the latest quarter (ended June 30, 2026) total assets were $82.5 million and equity $80.3 million.
Related: CTNT income statement, CTNT cash flow statement, CTNT key metrics. See the CTNT stock overview for the latest quote and news.
CTNT balance sheet FAQ
What are Cheetah Net Supply Chain Service's total assets?
Cheetah Net Supply Chain Service reported total assets of $11.9 million at the end of fiscal 2025 (December 31, 2025), compared with $15.4 million a year earlier.
How much debt does Cheetah Net Supply Chain Service have?
Cheetah Net Supply Chain Service had $1.2 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.13.
How much cash does Cheetah Net Supply Chain Service have?
Cheetah Net Supply Chain Service held $0.2 million in cash and short-term investments at the end of fiscal 2025; with $1.2 million of debt that is net debt of $1.0 million.
What is Cheetah Net Supply Chain Service's book value?
Cheetah Net Supply Chain Service's shareholders' equity (book value) was $9.4 million at the end of fiscal 2025.
What is Cheetah Net Supply Chain Service's current ratio?
Cheetah Net Supply Chain Service had current assets of $9.1 million and current liabilities of $1.3 million, a current ratio of 6.74 (it can cover its short-term obligations).
How much goodwill does Cheetah Net Supply Chain Service have?
Cheetah Net Supply Chain Service carried $1.3 million of goodwill and intangible assets, 10.7% of total assets, at the end of fiscal 2025.