Splash Beverage Group, Inc. (EDVA) Balance Sheet
EDVA balance sheet, 2025
December 31, 2025 · U.S. dollars$965,694 assets = $16.3M liabilities + −$15.3M equity
Liabilities exceed assets: shareholders’ equity is negative (−$15.3M).
Both columns are drawn to the same scale: what EDVA owns equals what it owes plus shareholders’ equity. Hover a block for its value.
EDVA financial health
Descriptive bands, not a rating. Fiscal 2025.
EDVA balance sheet trends, 2022–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $17.3M2022 | $965,6942025 | −61.8%/yr | |
| Total liabilities | $8.0M2022 | $16.3M2025 | +26.8%/yr | |
| Shareholders’ equity | $9.3M2022 | −$15.3M2025 | — | |
| Cash & short-term investments | $4.4M2022 | $281,4352025 | −60.1%/yr | |
| Total debt | $2.5M2022 | $3,4182025 | −89.0%/yr | |
| Net cash (debt) | $1.9M2022 | $278,0172025 | −$1.6M | |
| Working capital | $5.7M2022 | −$15.6M2025 | −$21.3M | |
| Current ratio | 2.152022 | 0.042025 | −2.11 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
EDVA assets
EDVA liabilities and equity
EDVA debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
EDVA balance sheet
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | $281,435 | $13,789 | $379,978 | $4.4M |
| Cash & equivalents | $281,435 | $13,789 | $379,978 | $4.4M |
| Receivables | $15,748 | $191,991 | $890,631 | $1.8M |
| Inventory | $33,538 | $319,104 | $2.3M | $3.7M |
| Other current assets | $301,272 | $1.4M | $454,170 | $692,412 |
| Total current assets | $631,993 | $1.9M | $4.0M | $10.7M |
| Property, plant & equipment (net) | $60,967 | $373,546 | $905,942 | $1.2M |
| Goodwill & intangible assets | $0 | $0 | $4.7M | $5.1M |
| Long-term investments | $250,000 | $250,000 | $250,000 | $250,000 |
| Other non-current assets | $22,734 | $231,520 | $49,446 | $49,290 |
| Total assets | $965,694 | $2.8M | $9.9M | $17.3M |
| Liabilities | ||||
| Accounts payable | $4.8M | $3.6M | $4.4M | $3.4M |
| Total current liabilities | $16.3M | $19.4M | $14.8M | $5.0M |
| Long-term debt | $3,418 | $2.0M | $457,656 | $2.5M |
| Lease obligations | $53,696 | $112,537 | $558,988 | $749,415 |
| Other long-term liabilities | $2,976 | $53,697 | $296,128 | $480,666 |
| Total liabilities | $16.3M | $21.4M | $15.5M | $8.0M |
| Shareholders' equity | ||||
| Retained earnings (deficit) | −$181.9M | −$155.8M | −$133.3M | −$112.3M |
| Total shareholders' equity | −$15.3M | −$18.6M | −$5.6M | $9.3M |
| Key figures | ||||
| Total debt | $3,418 | $2.0M | $457,656 | $2.5M |
| Net cash (debt) | $278,017 | −$2.0M | −$77,678 | $1.9M |
| Working capital | −$15.6M | −$17.5M | −$10.8M | $5.7M |
| Tangible book value | −$15.3M | −$18.6M | −$10.3M | $4.2M |
| Current ratio | 0.04 | 0.10 | 0.27 | 2.15 |
| Quick ratio | 0.02 | 0.01 | 0.09 | 1.26 |
| Debt / equity | — | — | — | 0.27 |
| Equity / assets | −1,584.4% | −675.4% | −56.6% | 53.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & short-term investments | $242,702 | $381,195 | $281,435 | $265,667 | $17,213 | $0 |
| Cash & equivalents | $242,702 | $381,195 | $281,435 | $265,667 | $17,213 | $0 |
| Receivables | $14,316 | $20,333 | $15,748 | $139,504 | $140,626 | $172,819 |
| Inventory | $54,922 | $54,922 | $33,538 | $855,326 | $855,326 | $861,053 |
| Other current assets | $588,467 | $252,398 | $301,272 | $710,576 | $592,113 | $661,084 |
| Total current assets | $900,407 | $708,848 | $631,993 | $2.0M | $1.6M | $1.7M |
| Property, plant & equipment (net) | $0 | $43,511 | $60,967 | $219,302 | $332,689 | $446,463 |
| Goodwill & intangible assets | $0 | $0 | $0 | $20.0M | $20.0M | $0 |
| Long-term investments | $175,925 | $0 | $250,000 | $250,000 | $250,000 | $250,000 |
| Other non-current assets | $0 | $17,594 | $22,734 | $48,922 | $48,922 | $117,422 |
| Total assets | $1.1M | $769,953 | $965,694 | $22.5M | $22.2M | $2.5M |
| Liabilities | ||||||
| Accounts payable | $4.1M | $4.6M | $4.8M | $6.7M | $7.0M | $6.3M |
| Total current liabilities | $16.8M | $17.0M | $16.3M | $15.6M | $13.4M | $20.4M |
| Long-term debt | $0 | $857 | $3,418 | $58,130 | $52,534 | $2.1M |
| Lease obligations | $0 | $37,052 | $53,696 | $132,627 | $210,254 | $286,508 |
| Other long-term liabilities | $0 | $0 | $2,976 | $11,685 | $20,030 | $37,052 |
| Total liabilities | $16.8M | $17.0M | $16.3M | $15.7M | $13.5M | $22.5M |
| Shareholders' equity | ||||||
| Retained earnings (deficit) | −$186.8M | −$184.4M | −$181.9M | −$178.3M | −$168.0M | −$159.5M |
| Total shareholders' equity | −$15.7M | −$16.2M | −$15.3M | $6.8M | $8.7M | −$20.0M |
| Key figures | ||||||
| Total debt | — | $857 | $3,418 | $58,130 | $52,534 | $2.1M |
| Net cash (debt) | — | $380,338 | $278,017 | $207,537 | −$35,321 | −$2.1M |
| Working capital | −$15.9M | −$16.3M | −$15.6M | −$13.7M | −$11.8M | −$18.7M |
| Tangible book value | −$15.7M | −$16.2M | −$15.3M | −$13.2M | −$11.3M | −$20.0M |
| Book value per share | −$3.90 | — | — | — | — | — |
| Shares outstanding | 4.0M | — | — | — | — | — |
| Current ratio | 0.05 | 0.04 | 0.04 | 0.13 | 0.12 | 0.08 |
| Quick ratio | 0.02 | 0.02 | 0.02 | 0.03 | 0.01 | 0.01 |
| Debt / equity | — | — | — | 0.01 | 0.01 | — |
| Equity / assets | −1,463.2% | −2,104.5% | −1,584.4% | 30.1% | 39.2% | −798.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed —); data from EODHD.
EDVA financial position
At the end of fiscal 2025 (December 31, 2025), Splash Beverage had total assets of $1.0 million (down 65.0% from a year earlier), total liabilities of $16.3 million and shareholders' equity of -$15.3 million. It held $0.3 million in cash and short-term investments against $0.0 million of debt, a net cash position of $0.3 million. Its current ratio was 0.04. In the latest quarter (ended June 30, 2026) total assets were $1.1 million and equity -$15.7 million.
Related: EDVA income statement, EDVA cash flow statement, EDVA key metrics. See the EDVA stock overview for the latest quote and news.
EDVA balance sheet FAQ
What are Splash Beverage's total assets?
Splash Beverage reported total assets of $1.0 million at the end of fiscal 2025 (December 31, 2025), compared with $2.8 million a year earlier.
How much debt does Splash Beverage have?
Splash Beverage had $0.0 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.
How much cash does Splash Beverage have?
Splash Beverage held $0.3 million in cash and short-term investments at the end of fiscal 2025; with $0.0 million of debt that is net cash of $0.3 million.
What is Splash Beverage's book value?
Splash Beverage's shareholders' equity (book value) was -$15.3 million at the end of fiscal 2025.
What is Splash Beverage's current ratio?
Splash Beverage had current assets of $0.6 million and current liabilities of $16.3 million, a current ratio of 0.04 (current liabilities exceed current assets).