CTW Cayman Class A (CTW) Balance Sheet

NASDAQ: CTWAssets, liabilities, debt and equity over 10 years.

CTW balance sheet, FY2025

July 31, 2025 · U.S. dollars

$50.8M assets = $23.2M liabilities + $27.6M equity

Both columns are drawn to the same scale: what CTW owns equals what it owes plus shareholders’ equity. Hover a block for its value.

CTW financial health

Current ratio1.98

Comfortable · current assets cover current liabilities 1.98×

Debt / equity0.25

Low leverage · $0.25 of debt for each $1 of equity

Equity / assets54.4%

Equity-funded · of assets funded by shareholders

Cash / debt176.3%

Cash covers debt · cash & short-term investments vs total debt

Goodwill & intangibles6.9%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal FY2025.

CTW balance sheet trends, FY2014–FY2025

CTW Cayman Class A balance sheet trends
Metric	Then	Latest	Change
Total assets	$16.01BFY2014	$50.8MFY2025	−47.2%/yr
Total liabilities	$13.61BFY2014	$23.2MFY2025	−50.7%/yr
Shareholders’ equity	$9.61BFY2014	$27.6MFY2025	−47.8%/yr
Cash & short-term investments	$14.0MFY2014	$12.4MFY2025	−1.4%/yr
Total debt	$7.56BFY2014	$7.0MFY2025	−54.0%/yr
Net cash (debt)	−$7.54BFY2014	$5.4MFY2025	+$7.5B
Working capital	−$949.0MFY2014	$8.2MFY2025	+$957.2M
Book value per share	$1.57FY2023	$0.46FY2025	−45.9%/yr
Current ratio	0.65FY2014	1.98FY2025	+1.33
Debt / equity	0.79FY2014	0.25FY2025	−0.53
Shares outstanding	12.0MFY2023	60.0MFY2025	+123.6%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

CTW assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

CTW liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

CTW debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

CTW balance sheet

CTW Cayman Class A annual balance sheet
	FY2025	FY2024	FY2023	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014
Assets
Cash & short-term investments	$12.4M	$14.5M	$14.9M	$2.0M	$5.0M	$1.0M	$5.0M	$3.0M	$6.0M	$14.0M
Cash & equivalents	$12.4M	$14.5M	$14.9M	$2.0M	$5.0M	$1.0M	$5.0M	$3.0M	$6.0M	$14.0M
Receivables	$2.7M	$2.4M	$1.5M	$514.0M	$546.0M	$646.0M	$700.0M	$688.0M	$740.0M	$738.0M
Inventory	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other current assets	$1.6M	$1.3M	$1.1M	$1.97B	$1.29B	$1.12B	$1.00B	$911.0M	$1.10B	$999.0M
Total current assets	$16.6M	$18.2M	$17.4M	$2.49B	$1.85B	$1.77B	$1.71B	$1.60B	$1.85B	$1.75B
Property, plant & equipment (net)	$7.9M	$5.3M	$5.9M	$8.17B	$8.08B	$7.92B	$7.64B	$7.37B	$7.20B	$7.21B
Goodwill & intangible assets	$3.5M	$3.7M	$3.0M	$9.67B	$10.25B	$10.72B	$11.23B	$11.79B	$12.39B	$10.36B
Long-term investments	$576,956	$800,033	$531,468	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$22.2M	$16.0M	$11.5M	$0	$407.0M	$454.0M	$567.0M	$705.0M	$1.02B	$0
Total assets	$50.8M	$43.9M	$38.3M	$20.33B	$20.58B	$20.87B	$21.15B	$21.47B	$22.46B	$16.01B
Liabilities
Accounts payable	$2.4M	$3.3M	$4.4M	$403.0M	$441.0M	$317.0M	$398.0M	$369.0M	$464.0M	$440.0M
Short-term debt	$2.8M	$4.9M	$4.3M	$89.0M	$11.0M	$17.0M	$514.0M	$242.0M	$117.0M	$637.0M
Deferred revenue	$145,000	—	—	$201.0M	$212.0M	$128.0M	$131.0M	$137.0M	$327.0M	$320.0M
Total current liabilities	$8.4M	$12.0M	$11.9M	$3.41B	$2.27B	$2.20B	$2.80B	$2.42B	$2.26B	$2.70B
Long-term debt	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Lease obligations	$7.0M	$4.5M	$5.1M	—	—	—	—	—	—	—
Other long-term liabilities	$14.8M	$8.1M	$7.5M	$1.10B	$7.68B	$8.47B	$8.72B	$9.09B	$9.74B	$9.55B
Total liabilities	$23.2M	$20.1M	$19.4M	$21.00B	$10.71B	$11.53B	$12.46B	$12.56B	$13.27B	$13.61B
Shareholders' equity
Common stock & paid-in capital	$6,000	—	—	$10.05B	$10.05B	$10.05B	$10.05B	$10.05B	$10.05B	$10.05B
Retained earnings (deficit)	$31.9M	$28.0M	$22.1M	$67.0M	−$182.0M	−$713.0M	−$1.36B	−$1.14B	−$867.0M	−$437.0M
Accumulated other comprehensive income	−$5.1M	−$5.1M	−$4.0M	—	—	—	—	—	—	—
Total shareholders' equity	$27.6M	$23.8M	$18.9M	$10.12B	$9.87B	$9.34B	$8.69B	$8.91B	$9.18B	$9.61B
Key figures
Total debt	$7.0M	$7.3M	$7.7M	$1.19B	$5.96B	$7.28B	$7.26B	$7.24B	$7.38B	$7.56B
Net cash (debt)	$5.4M	$7.1M	$7.2M	−$1.19B	−$5.95B	−$7.28B	−$7.26B	−$7.24B	−$7.37B	−$7.54B
Working capital	$8.2M	$6.1M	$5.5M	−$923.0M	−$426.0M	−$427.0M	−$1.09B	−$820.0M	−$415.0M	−$949.0M
Tangible book value	$24.1M	$20.2M	$15.9M	$446.0M	−$385.0M	−$1.39B	−$2.54B	−$2.88B	−$3.21B	−$749.0M
Book value per share	$0.46	$1.99	$1.57	—	—	—	—	—	—	—
Shares outstanding	60.0M	12.0M	12.0M	—	—	—	—	—	—	—
Current ratio	1.98	1.51	1.47	0.73	0.81	0.81	0.61	0.66	0.82	0.65
Quick ratio	1.78	1.41	1.38	0.15	0.24	0.29	0.25	0.29	0.33	0.28
Debt / equity	0.25	0.31	0.41	0.12	0.60	0.78	0.84	0.81	0.80	0.79
Equity / assets	54.4%	54.3%	49.3%	49.8%	47.9%	44.7%	41.1%	41.5%	40.9%	60.0%

CTW Cayman Class A quarterly balance sheet
	Apr '26	Jan '26	Oct '25	Jul '25	Jan '25	Jul '24	Jan '20	Oct '19	Jul '19	Apr '19	Jan '19
Assets
Cash & short-term investments	$19.5M	$19.5M	$12.2M	$12.2M	$14.5M	$14.5M	$2.0M	$3.0M	$7.0M	$9.0M	$5.0M
Cash & equivalents	$19.5M	$19.5M	$12.2M	$12.2M	$14.5M	$14.5M	$2.0M	$3.0M	$7.0M	$9.0M	$5.0M
Receivables	$1.6M	$1.6M	$2.7M	$1.4M	$2.4M	$2.4M	$514.0M	$505.0M	$526.0M	$539.0M	$546.0M
Inventory	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other current assets	$3.0M	$3.0M	$3.2M	$4.5M	$1.3M	$1.3M	$1.97B	$1.75B	$1.60B	$1.42B	$1.29B
Total current assets	$24.1M	$24.1M	$18.1M	$18.1M	$18.2M	$18.2M	$2.49B	$2.25B	$2.13B	$1.97B	$1.85B
Property, plant & equipment (net)	$8.6M	$8.6M	$7.9M	$7.9M	$5.3M	$5.3M	$8.17B	$8.10B	$8.03B	$8.01B	$8.08B
Goodwill & intangible assets	$0	$0	$3.5M	$0	$3.7M	$3.7M	$9.67B	$9.69B	$9.70B	$9.71B	$10.25B
Long-term investments	$0	$432,618	$0	$576,956	$665,329	$0	$0	$0	$0	$0	$0
Other non-current assets	$29.6M	$29.1M	$17.0M	$20.0M	$16.1M	$16.8M	$0	$785.0M	$879.0M	$993.0M	$407.0M
Total assets	$62.3M	$62.3M	$46.5M	$46.5M	$43.9M	$43.9M	$20.33B	$20.83B	$20.74B	$20.68B	$20.58B
Liabilities
Accounts payable	$3.0M	$3.0M	$2.4M	$2.4M	$3.3M	$3.3M	$403.0M	$412.0M	$345.0M	$366.0M	$441.0M
Short-term debt	$4.3M	—	$2.7M	—	$4.9M	$4.9M	$89.0M	$7.0M	$9.0M	$9.0M	$11.0M
Deferred revenue	—	—	$145,000	—	—	—	$201.0M	$205.0M	$223.0M	$221.0M	$212.0M
Total current liabilities	$14.9M	$14.9M	$8.4M	$8.4M	$12.0M	$12.0M	$3.41B	$2.23B	$2.17B	$2.19B	$2.27B
Long-term debt	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Lease obligations	—	$7.5M	—	$7.0M	$4.4M	—	—	—	—	—	—
Other long-term liabilities	$10.0M	$10.0M	$10.4M	$10.4M	$8.1M	$8.1M	$1.10B	$7.61B	$7.63B	$7.66B	$7.68B
Total liabilities	$24.9M	$24.9M	$18.9M	$18.9M	$20.1M	$20.1M	$21.00B	$10.62B	$10.61B	$10.68B	$10.71B
Shareholders' equity
Common stock & paid-in capital	$6,240	—	$6,000	—	—	—	$10.05B	$10.05B	$10.05B	$10.05B	$10.05B
Retained earnings (deficit)	$30.7M	$30.7M	$31.9M	$31.9M	$28.0M	$28.0M	$67.0M	$159.0M	$82.0M	−$45.0M	−$182.0M
Accumulated other comprehensive income	−$5.3M	—	−$5.1M	—	−$5.1M	−$5.1M	—	—	—	—	—
Total shareholders' equity	$37.4M	$37.4M	$27.6M	$27.6M	$23.8M	$23.8M	$10.12B	$10.21B	$10.13B	$10.01B	$9.87B
Key figures
Total debt	$7.5M	—	$7.0M	—	$7.3M	$7.3M	$1.19B	$5.95B	$5.96B	$5.96B	$5.96B
Net cash (debt)	$12.0M	—	$5.3M	—	$7.1M	$7.1M	−$1.19B	−$5.95B	−$5.95B	−$5.95B	−$5.95B
Working capital	$9.2M	$9.2M	$9.7M	$9.7M	$6.1M	$6.1M	−$923.0M	$25.0M	−$43.0M	−$220.0M	−$426.0M
Tangible book value	$37.4M	$37.4M	$24.1M	$27.6M	$20.2M	$20.2M	$446.0M	$520.0M	$434.0M	$290.0M	−$385.0M
Book value per share	—	$0.60	$0.46	$0.44	$0.38	$0.38	—	—	—	—	—
Shares outstanding	—	62.4M	60.0M	62.4M	62.4M	62.4M	—	—	—	—	—
Current ratio	1.61	1.61	2.15	2.15	1.51	1.51	0.73	1.01	0.98	0.90	0.81
Quick ratio	1.41	1.41	1.77	1.62	1.41	1.41	0.15	0.23	0.25	0.25	0.24
Debt / equity	0.20	—	0.25	—	0.31	0.31	0.12	0.58	0.59	0.60	0.60
Equity / assets	60.0%	60.0%	59.5%	59.5%	54.3%	54.3%	49.8%	49.0%	48.8%	48.4%	47.9%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed November 17, 2025); data from EODHD.

CTW financial position

At the end of fiscal 2025 (July 31, 2025), CTW Cayman had total assets of $50.8 million (up 15.7% from a year earlier), total liabilities of $23.2 million and shareholders' equity of $27.6 million. It held $12.4 million in cash and short-term investments against $7.0 million of debt, a net cash position of $5.4 million. Its current ratio was 1.98. In the latest quarter (ended April 30, 2026) total assets were $62.3 million and equity $37.4 million.

Related: CTW income statement, CTW cash flow statement, CTW key metrics. See the CTW stock overview for the latest quote and news.

CTW balance sheet FAQ

What are CTW Cayman's total assets?

CTW Cayman reported total assets of $50.8 million at the end of fiscal 2025 (July 31, 2025), compared with $43.9 million a year earlier.

How much debt does CTW Cayman have?

CTW Cayman had $7.0 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.25.

How much cash does CTW Cayman have?

CTW Cayman held $12.4 million in cash and short-term investments at the end of fiscal 2025; with $7.0 million of debt that is net cash of $5.4 million.

What is CTW Cayman's book value?

CTW Cayman's shareholders' equity (book value) was $27.6 million at the end of fiscal 2025, or $0.46 per share.

What is CTW Cayman's current ratio?

CTW Cayman had current assets of $16.6 million and current liabilities of $8.4 million, a current ratio of 1.98 (it can cover its short-term obligations).

How much goodwill does CTW Cayman have?

CTW Cayman carried $3.5 million of goodwill and intangible assets, 6.9% of total assets, at the end of fiscal 2025.