Decent Holding Inc (DXST) Balance Sheet

NASDAQ: DXSTAssets, liabilities, debt and equity over 5 years.

DXST balance sheet, FY2025

October 31, 2025 · U.S. dollars

$17.2M assets = $9.5M liabilities + $7.7M equity

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

DXST financial health

Current ratio1.71

Comfortable · current assets cover current liabilities 1.71×

Debt / equity0.01

Low leverage · $0.01 of debt for each $1 of equity

Equity / assets45.0%

Equity-funded · of assets funded by shareholders

Cash / debt537.6%

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

Goodwill & intangibles0.6%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal FY2025.

DXST balance sheet trends, FY2021–FY2025

Decent Holding Inc balance sheet trends
Metric	Then	Latest	Change
Total assets	$6.8MFY2021	$17.2MFY2025	+26.1%/yr
Total liabilities	$6.1MFY2021	$9.5MFY2025	+11.8%/yr
Shareholders’ equity	$738,425FY2021	$7.7MFY2025	+79.9%/yr
Cash & short-term investments	$747,860FY2021	$572,807FY2025	−6.4%/yr
Total debt	$2.2MFY2021	$106,548FY2025	−53.0%/yr
Net cash (debt)	−$1.4MFY2021	$466,259FY2025	+$1.9M
Working capital	$1.1MFY2021	$6.7MFY2025	+$5.6M
Book value per share	$1.14FY2021	$11.89FY2025	+79.9%/yr
Current ratio	1.20FY2021	1.71FY2025	+0.51
Debt / equity	2.97FY2021	0.01FY2025	−2.95
Shares outstanding	650KFY2021	650KFY2025	0.0%/yr

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

DXST assets

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

DXST liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

DXST debt vs cash

Total debtCash & ST investmentsNet cash (debt)

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

DXST balance sheet

Decent Holding Inc annual balance sheet
	FY2025	FY2024	FY2023	FY2022	FY2021
Assets
Cash & short-term investments	$572,807	$407,031	$1.3M	$2.0M	$747,860
Cash & equivalents	$572,807	$407,031	$1.3M	$2.0M	$747,860
Receivables	$13.6M	$9.4M	$2.3M	$1.7M	$3.3M
Inventory	$128	$134	$187	$1.7M	$2.4M
Other current assets	$2.0M	$7,699	$530,215	$2.1M	$117,268
Total current assets	$16.1M	$9.8M	$4.2M	$7.5M	$6.6M
Property, plant & equipment (net)	$356,095	$353,639	$442,021	$415,332	$56,218
Goodwill & intangible assets	$110,738	$6,088	$6,264	$6,645	$0
Long-term investments	$0	$0	$0	$0	$0
Other non-current assets	$618,792	$1.1M	$690,336	$447,364	$84,577
Total assets	$17.2M	$11.2M	$5.3M	$8.4M	$6.8M
Liabilities
Accounts payable	$3.2M	$1.9M	$87,591	$3,522	$387,582
Short-term debt	$52,217	$28,275	$75,329	$1.9M	$1.7M
Deferred revenue	$246	—	—	$4.4M	$2.6M
Total current liabilities	$9.4M	$6.2M	$2.5M	$7.2M	$5.6M
Long-term debt	$0	$0	$0	$0	$499,610
Lease obligations	$106,548	$41,825	$116,018	$158,481	$0
Other long-term liabilities	$54,331	$13,550	$40,689	$90,806	$0
Total liabilities	$9.5M	$6.2M	$2.5M	$7.3M	$6.1M
Shareholders' equity
Common stock & paid-in capital	$1,625	$1,500	$1,500	$1,500	$1,500
Retained earnings (deficit)	$3.1M	$3.6M	$1.7M	−$9,330	−$423,811
Accumulated other comprehensive income	$385,958	$256,196	−$57,579	−$178,658	−$47,858
Total shareholders' equity	$7.7M	$5.0M	$2.8M	$1.0M	$738,425
Key figures
Total debt	$106,548	$41,825	$116,018	$2.0M	$2.2M
Net cash (debt)	$466,259	$365,206	$1.2M	$1,215	−$1.4M
Working capital	$6.7M	$3.6M	$1.7M	$243,571	$1.1M
Tangible book value	$7.6M	$5.0M	$2.8M	$1.0M	$738,425
Book value per share	$11.89	$7.72	$4.33	$1.57	$1.14
Shares outstanding	650K	650K	650K	650K	650K
Current ratio	1.71	1.57	1.69	1.03	1.20
Quick ratio	1.50	1.57	1.48	0.51	0.74
Debt / equity	0.01	0.01	0.04	1.92	2.97
Equity / assets	45.0%	44.6%	52.7%	12.2%	10.9%

Decent Holding Inc quarterly balance sheet
	Jul '26	Jan '26	Oct '25	Jul '25	Apr '25	Oct '24	Apr '24	Oct '23	Apr '23	Oct '22
Assets
Cash & short-term investments	$1.7M	$1.7M	$572,807	$572,807	$838,415	$407,031	$909,765	$1.3M	$1.1M	$2.0M
Cash & equivalents	$1.7M	$1.7M	$572,807	$572,807	$838,415	$407,031	$909,765	$1.3M	$1.1M	$2.0M
Receivables	$23.8M	$23.1M	$12.4M	$13.5M	$8.4M	$9.4M	$3.6M	$2.3M	$1.9M	$1.7M
Inventory	$123	$123	$128	$128	$129	$134	$308	$187	$3.4M	$1.7M
Other current assets	$6.7M	$7.4M	$3.1M	$2.0M	$3.8M	$7,699	$108,959	$530,215	$400,390	$2.1M
Total current assets	$32.2M	$32.2M	$16.1M	$16.1M	$13.0M	$9.8M	$4.6M	$4.2M	$6.7M	$7.5M
Property, plant & equipment (net)	$939,957	$939,957	$356,095	$356,095	$275,582	$353,639	$453,410	$442,021	$334,911	$415,332
Goodwill & intangible assets	$5,798	$5,798	$110,738	$5,738	$5,788	$6,088	$6,158	$6,264	$6,813	$6,645
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$412,677	$411,177	$618,792	$723,792	$247,754	$1.1M	$996,007	$690,336	$617,116	$447,364
Total assets	$33.5M	$33.5M	$17.2M	$17.2M	$13.5M	$11.2M	$6.0M	$5.3M	$7.7M	$8.4M
Liabilities
Accounts payable	$7.6M	$7.6M	$3.2M	$3.2M	$1.1M	$1.9M	$592,596	$87,591	$94,265	$3,522
Short-term debt	$290,326	$290,326	—	$52,217	—	$28,275	$77,180	$75,329	$235,835	$1.9M
Deferred revenue	$2.3M	$246	—	—	—	—	—	—	$4.4M	$4.4M
Total current liabilities	$19.2M	$19.2M	$9.4M	$9.4M	$6.1M	$6.2M	$3.2M	$2.5M	$5.8M	$7.2M
Long-term debt	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Lease obligations	—	—	$106,548	—	$22,746	$41,825	$100,022	$116,018	$157,133	—
Other long-term liabilities	$426,625	$426,626	$54,331	$54,331	$6,631	$13,550	$22,842	$40,689	$84,661	$90,806
Total liabilities	$19.6M	$19.6M	$9.5M	$9.5M	$6.1M	$6.2M	$3.2M	$2.5M	$5.9M	$7.3M
Shareholders' equity
Common stock & paid-in capital	$4,538	$4,538	—	$1,625	—	$1,500	$1,500	$1,500	$1,500	$1,500
Retained earnings (deficit)	$1.9M	$2.6M	$3.1M	$3.6M	$3.1M	$3.6M	$1.6M	$1.7M	$608,547	−$9,330
Accumulated other comprehensive income	$794,762	$127,030	—	−$128,274	—	$256,196	−$27,227	−$57,579	−$23,201	−$178,658
Total shareholders' equity	$13.9M	$13.9M	$7.7M	$7.7M	$7.4M	$5.0M	$2.8M	$2.8M	$1.8M	$1.0M
Key figures
Total debt	$716,952	$716,952	—	$106,548	—	$41,825	$100,022	$116,018	$320,496	$2.0M
Net cash (debt)	$936,356	$936,356	—	$466,259	—	$365,206	$809,743	$1.2M	$795,104	$1,215
Working capital	$13.0M	$13.0M	$6.7M	$6.7M	$6.9M	$3.6M	$1.4M	$1.7M	$921,261	$243,571
Tangible book value	$13.9M	$13.9M	$7.6M	$7.7M	$7.4M	$5.0M	$2.8M	$2.8M	$1.8M	$1.0M
Book value per share	$8.00	$7.68	$11.89	$11.89	$11.45	$7.72	$4.35	—	$2.76	—
Shares outstanding	1.7M	1.8M	650K	650K	650K	650K	650K	—	650K	—
Current ratio	1.68	1.68	1.71	1.71	2.14	1.57	1.44	1.69	1.16	1.03
Quick ratio	1.33	1.29	1.38	1.50	1.52	1.57	1.40	1.48	0.51	0.51
Debt / equity	0.05	0.05	—	0.01	—	0.01	0.04	0.04	0.18	1.92
Equity / assets	41.6%	41.6%	45.0%	45.0%	55.1%	44.6%	46.8%	52.7%	23.3%	12.2%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 2, 2026); data from EODHD.

DXST financial position

At the end of fiscal 2025 (October 31, 2025), Decent had total assets of $17.2 million (up 52.9% from a year earlier), total liabilities of $9.5 million and shareholders' equity of $7.7 million. It held $0.6 million in cash and short-term investments against $0.1 million of debt, a net cash position of $0.5 million. Its current ratio was 1.71. In the latest quarter (ended July 31, 2026) total assets were $33.5 million and equity $13.9 million.

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

DXST balance sheet FAQ

What are Decent's total assets?

Decent reported total assets of $17.2 million at the end of fiscal 2025 (October 31, 2025), compared with $11.2 million a year earlier.

How much debt does Decent have?

Decent had $0.1 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.01.

How much cash does Decent have?

Decent held $0.6 million in cash and short-term investments at the end of fiscal 2025; with $0.1 million of debt that is net cash of $0.5 million.

What is Decent's book value?

Decent's shareholders' equity (book value) was $7.7 million at the end of fiscal 2025, or $11.89 per share.

What is Decent's current ratio?

Decent had current assets of $16.1 million and current liabilities of $9.4 million, a current ratio of 1.71 (it can cover its short-term obligations).

How much goodwill does Decent have?

Decent carried $0.1 million of goodwill and intangible assets, 0.6% of total assets, at the end of fiscal 2025.