Covista Inc. (CVSA) Balance Sheet
CVSA balance sheet, FY2026
June 30, 2026 · U.S. dollars$3.01B assets = $1.57B liabilities + $1.45B equity
Both columns are drawn to the same scale: what CVSA owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CVSA financial health
Current ratio1.09
Adequate · current assets cover current liabilities 1.09×
Debt / equity0.63
Moderate leverage · $0.63 of debt for each $1 of equity
Equity / assets48.0%
Equity-funded · of assets funded by shareholders
Cash / debt44.9%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles56.9%
Mostly intangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
CVSA balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.31BFY2017 | $3.01BFY2026 | +3.0%/yr | |
| Total liabilities | $638.7MFY2017 | $1.57BFY2026 | +10.5%/yr | |
| Shareholders’ equity | $1.68BFY2017 | $1.45BFY2026 | −1.6%/yr | |
| Cash & short-term investments | $246.0MFY2017 | $406.3MFY2026 | +5.7%/yr | |
| Total debt | $125.0MFY2017 | $905.5MFY2026 | +24.6%/yr | |
| Net cash (debt) | $121.0MFY2017 | −$499.2MFY2026 | −$620.2M | |
| Working capital | $93.9MFY2017 | $55.6MFY2026 | −$38.3M | |
| Book value per share | $26.17FY2017 | $40.49FY2026 | +5.0%/yr | |
| Current ratio | 1.25FY2017 | 1.09FY2026 | −0.16 | |
| Debt / equity | 0.07FY2017 | 0.63FY2026 | +0.55 | |
| Shares outstanding | 64.0MFY2017 | 35.7MFY2026 | −6.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CVSA assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
CVSA liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
CVSA debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CVSA balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $406.3M | $199.6M | $219.3M | $272.2M | $347.0M | $476.4M | $500.5M | $204.2M | $430.7M | $246.0M |
| Cash & equivalents | $406.3M | $199.6M | $219.3M | $272.2M | $347.0M | $476.4M | $500.5M | $204.2M | $430.7M | $242.0M |
| Short-term investments | — | $12.8M | $13.2M | $12.5M | $17.8M | $20.6M | $9.0M | $8.7M | $4.3M | $4.0M |
| Receivables | $169.6M | $146.2M | $126.8M | $102.7M | $81.6M | $43.0M | $87.0M | $67.0M | $125.5M | $173.4M |
| Inventory | $0 | $0 | $1 | $1.4M | $0 | $0 | $1 | $1 | $1 | $0 |
| Other current assets | $76.6M | $70.4M | $71.9M | $104.0M | $128.5M | $995.5M | $105.2M | $233.5M | $131.8M | $51.9M |
| Total current assets | $652.4M | $416.2M | $418.1M | $480.3M | $557.1M | $1.51B | $692.8M | $504.7M | $688.0M | $471.2M |
| Property, plant & equipment (net) | $507.0M | $447.3M | $425.3M | $419.3M | $467.9M | $451.1M | $461.0M | $283.4M | $388.7M | $488.8M |
| Goodwill & intangible assets | $1.72B | $1.73B | $1.74B | $1.77B | $1.83B | $447.7M | $973.7M | $985.2M | $1.18B | $1.27B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $137.7M | $162.1M | $160.1M | $137.3M | $170.4M | $671.1M | $101.2M | $469.3M | $91.5M | $88.9M |
| Total assets | $3.01B | $2.75B | $2.74B | $2.81B | $3.03B | $3.08B | $2.23B | $2.24B | $2.34B | $2.31B |
| Liabilities | ||||||||||
| Accounts payable | $124.8M | $105.0M | $102.6M | $81.8M | $57.1M | $42.4M | $46.5M | $53.4M | $47.5M | $64.3M |
| Short-term debt | $39.9M | $35.2M | $31.4M | $37.7M | $50.8M | $57.0M | $54.6M | $3.0M | $3.0M | $125.0M |
| Deferred revenue | $259.1M | $214.1M | $185.3M | $153.9M | $149.8M | $149.8M | $91.6M | $95.9M | $106.8M | $117.6M |
| Total current liabilities | $596.8M | $507.9M | $487.7M | $431.2M | $423.6M | $408.8M | $346.0M | $311.6M | $365.8M | $377.3M |
| Long-term debt | $657.8M | $552.7M | $648.7M | $695.1M | $838.9M | $1.07B | $286.1M | $398.1M | $290.1M | $125.0M |
| Lease obligations | $242.6M | $221.3M | $199.1M | $201.1M | $227.8M | $223.2M | $227.7M | — | — | — |
| Other long-term liabilities | $312.0M | $258.1M | $235.9M | $226.9M | $276.3M | $305.5M | $283.3M | $131.9M | $160.7M | $136.4M |
| Total liabilities | $1.57B | $1.32B | $1.37B | $1.35B | $1.54B | $1.78B | $915.4M | $841.6M | $816.6M | $638.7M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $848,000 | $839,000 | $832,000 | $822,000 | $818,000 | $811,000 | $807,000 | $801,000 | $793,000 | $781,000 |
| Retained earnings (deficit) | $3.03B | $2.78B | $2.54B | $2.40B | $2.31B | $2.01B | $1.93B | $2.01B | $1.92B | $1.88B |
| Treasury stock | — | — | — | — | — | −$1.22B | −$1.11B | −$970.9M | −$711.4M | −$569.9M |
| Accumulated other comprehensive income | −$2.2M | −$2.2M | −$2.2M | −$2.2M | −$2.2M | −$7.4M | −$9.1M | −$137.3M | −$142.2M | −$59.1M |
| Minority interest | — | — | — | — | — | $1.8M | $2.9M | $9.5M | $9.1M | $6.3M |
| Total shareholders' equity | $1.45B | $1.43B | $1.37B | $1.46B | $1.49B | $1.30B | $1.31B | $1.39B | $1.52B | $1.68B |
| Key figures | ||||||||||
| Total debt | $905.5M | $774.0M | $847.9M | $896.2M | $1.07B | $1.30B | $527.2M | $401.1M | $293.1M | $125.0M |
| Net cash (debt) | −$499.2M | −$574.4M | −$628.5M | −$624.0M | −$719.8M | −$824.3M | −$26.7M | −$196.9M | $137.6M | $121.0M |
| Working capital | $55.6M | −$91.7M | −$69.6M | $49.1M | $133.5M | $1.11B | $346.8M | $193.1M | $322.2M | $93.9M |
| Tangible book value | −$269.3M | −$293.1M | −$368.8M | −$316.3M | −$343.5M | $853.4M | $336.7M | $406.3M | $342.5M | $410.2M |
| Book value per share | $40.49 | $37.40 | $33.97 | $31.96 | $30.82 | $25.19 | $24.22 | $23.45 | $24.39 | $26.17 |
| Shares outstanding | 35.7M | 38.3M | 40.3M | 45.6M | 48.4M | 51.6M | 54.1M | 59.3M | 62.3M | 64.0M |
| Current ratio | 1.09 | 0.82 | 0.86 | 1.11 | 1.32 | 3.71 | 2.00 | 1.62 | 1.88 | 1.25 |
| Quick ratio | 0.96 | 0.68 | 0.71 | 0.87 | 1.01 | 1.27 | 1.70 | 0.87 | 1.52 | 1.11 |
| Debt / equity | 0.63 | 0.54 | 0.62 | 0.61 | 0.72 | 1.00 | 0.40 | 0.29 | 0.19 | 0.07 |
| Equity / assets | 48.0% | 52.1% | 49.9% | 51.9% | 49.2% | 42.2% | 58.8% | 62.0% | 64.8% | 72.4% |
| 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 | $406.3M | $148.8M | $56.3M | $264.7M | $199.6M | $219.0M | $194.0M | $264.8M | $219.3M | $179.8M | $182.9M | $262.4M |
| Cash & equivalents | $406.3M | $148.8M | $56.3M | $264.7M | $199.6M | $219.0M | $194.0M | $264.8M | $219.3M | $179.8M | $182.9M | $262.4M |
| Short-term investments | — | — | — | $13.5M | $12.8M | $11.9M | $12.8M | $12.9M | $13.2M | $14.0M | $13.3M | $12.1M |
| Receivables | $169.6M | $175.9M | $162.8M | $194.8M | $146.2M | $163.0M | $147.0M | $171.5M | $126.8M | $140.9M | $133.7M | $147.8M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $0 | $3.2M | $2.0M |
| Other current assets | $76.6M | $79.0M | $83.9M | $107.7M | $70.4M | $68.4M | $66.2M | $80.6M | $71.9M | $67.0M | $58.4M | $60.8M |
| Total current assets | $652.4M | $403.8M | $303.0M | $567.2M | $416.2M | $450.3M | $407.1M | $516.9M | $418.1M | $387.6M | $378.1M | $472.9M |
| Property, plant & equipment (net) | $507.0M | $478.1M | $455.5M | $447.1M | $447.3M | $449.2M | $434.7M | $416.4M | $425.3M | $442.3M | $437.3M | $435.8M |
| Goodwill & intangible assets | $1.72B | $1.72B | $1.72B | $1.72B | $1.73B | $1.73B | $1.73B | $1.74B | $1.74B | $1.75B | $1.75B | $1.76B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $137.7M | $137.3M | $135.1M | $129.2M | $162.1M | $160.6M | $148.8M | $149.2M | $160.1M | $139.8M | $131.9M | $122.5M |
| Total assets | $3.01B | $2.74B | $2.61B | $2.87B | $2.75B | $2.79B | $2.72B | $2.82B | $2.74B | $2.72B | $2.70B | $2.79B |
| Liabilities | ||||||||||||
| Accounts payable | $124.8M | $97.3M | $103.1M | $104.6M | $105.0M | $98.7M | $66.9M | $91.4M | $102.6M | $92.2M | $88.1M | $76.9M |
| Short-term debt | $39.9M | $39.1M | $33.9M | $34.4M | $35.2M | $34.9M | $32.6M | $32.3M | $31.4M | $32.5M | $31.6M | $35.7M |
| Deferred revenue | $259.1M | $276.2M | $180.4M | $322.9M | $214.1M | $247.8M | $171.5M | $290.6M | $185.3M | $247.8M | $171.5M | $290.6M |
| Total current liabilities | $596.8M | $580.4M | $442.9M | $576.6M | $507.9M | $540.6M | $384.6M | $551.3M | $487.7M | $509.1M | $398.6M | $495.6M |
| Long-term debt | $657.8M | $495.6M | $504.3M | $553.2M | $552.7M | $552.2M | $649.9M | $649.3M | $648.7M | $648.1M | $696.4M | $695.7M |
| Lease obligations | $242.6M | $236.8M | $225.3M | $222.8M | $221.3M | $228.3M | $214.7M | $194.0M | $199.1M | $192.2M | $200.2M | $196.2M |
| Other long-term liabilities | $312.0M | $297.2M | $288.8M | $280.1M | $258.1M | $264.3M | $249.6M | $227.1M | $235.9M | $236.9M | $236.6M | $224.1M |
| Total liabilities | $1.57B | $1.37B | $1.24B | $1.41B | $1.32B | $1.36B | $1.28B | $1.43B | $1.37B | $1.39B | $1.33B | $1.42B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $848,000 | $847,000 | $847,000 | $847,000 | $839,000 | $839,000 | $839,000 | $838,000 | $832,000 | $831,000 | $831,000 | $826,000 |
| Retained earnings (deficit) | $3.03B | $2.96B | $2.92B | $2.84B | $2.78B | $2.72B | $2.66B | $2.59B | $2.54B | $2.49B | $2.45B | $2.41B |
| Accumulated other comprehensive income | −$2.2M | −$2.2M | −$2.2M | −$2.2M | −$2.2M | −$2.2M | −$2.2M | −$2.2M | −$2.2M | −$2.2M | −$2.2M | −$2.2M |
| Total shareholders' equity | $1.45B | $1.36B | $1.38B | $1.46B | $1.43B | $1.43B | $1.44B | $1.39B | $1.37B | $1.32B | $1.37B | $1.38B |
| Key figures | ||||||||||||
| Total debt | $905.5M | $736.3M | $729.6M | $776.0M | $774.0M | $780.5M | $864.6M | $843.3M | $847.9M | $840.3M | $896.6M | $891.9M |
| Net cash (debt) | −$499.2M | −$587.5M | −$673.3M | −$511.3M | −$574.4M | −$561.5M | −$670.6M | −$578.5M | −$628.5M | −$660.5M | −$713.7M | −$629.5M |
| Working capital | $55.6M | −$176.7M | −$139.9M | −$9.4M | −$91.7M | −$90.2M | $22.5M | −$34.4M | −$69.6M | −$121.5M | −$20.5M | −$22.7M |
| Tangible book value | −$269.3M | −$354.2M | −$342.3M | −$266.3M | −$293.1M | −$296.8M | −$293.4M | −$345.2M | −$368.8M | −$424.3M | −$384.2M | −$384.3M |
| Book value per share | $41.60 | $39.22 | $38.06 | $39.33 | $38.14 | $37.47 | $37.47 | $35.54 | $35.47 | $33.33 | $33.57 | $32.68 |
| Shares outstanding | 34.8M | 34.8M | 36.2M | 37.1M | 37.6M | 38.2M | 38.4M | 39.1M | 38.6M | 39.6M | 40.8M | 42.2M |
| Current ratio | 1.09 | 0.70 | 0.68 | 0.98 | 0.82 | 0.83 | 1.06 | 0.94 | 0.86 | 0.76 | 0.95 | 0.95 |
| Quick ratio | 0.96 | 0.56 | 0.49 | 0.80 | 0.68 | 0.71 | 0.89 | 0.79 | 0.71 | 0.63 | 0.79 | 0.83 |
| Debt / equity | 0.63 | 0.54 | 0.53 | 0.53 | 0.54 | 0.54 | 0.60 | 0.61 | 0.62 | 0.64 | 0.65 | 0.65 |
| Equity / assets | 48.0% | 49.8% | 52.7% | 50.8% | 52.1% | 51.4% | 52.8% | 49.3% | 49.9% | 48.7% | 50.7% | 49.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed June 30, 2026); data from EODHD.
CVSA financial position
At the end of fiscal 2026 (June 30, 2026), Covista had total assets of $3.0 billion (up 9.5% from a year earlier), total liabilities of $1.6 billion and shareholders' equity of $1.4 billion. It held $406.3 million in cash and short-term investments against $905.5 million of debt, net debt of $499.2 million. Its current ratio was 1.09.
Related: CVSA income statement, CVSA cash flow statement, CVSA key metrics. See the CVSA stock overview for the latest quote and news.
CVSA balance sheet FAQ
What are Covista's total assets?
Covista reported total assets of $3.0 billion at the end of fiscal 2026 (June 30, 2026), compared with $2.8 billion a year earlier.
How much debt does Covista have?
Covista had $905.5 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.63.
How much cash does Covista have?
Covista held $406.3 million in cash and short-term investments at the end of fiscal 2026; with $905.5 million of debt that is net debt of $499.2 million.
What is Covista's book value?
Covista's shareholders' equity (book value) was $1.4 billion at the end of fiscal 2026, or $40.49 per share.
What is Covista's current ratio?
Covista had current assets of $652.4 million and current liabilities of $596.8 million, a current ratio of 1.09 (it can cover its short-term obligations).
How much goodwill does Covista have?
Covista carried $1.7 billion of goodwill and intangible assets, 56.9% of total assets, at the end of fiscal 2026.