Espey Mfg. & Electronics Corp. (ESP) Balance Sheet
ESP balance sheet, FY2026
June 30, 2026 · U.S. dollars$97.2M assets = $36.6M liabilities + $60.6M equity
Both columns are drawn to the same scale: what ESP owns equals what it owes plus shareholders’ equity. Hover a block for its value.
ESP financial health
Current ratio2.50
Comfortable · current assets cover current liabilities 2.50×
Equity / assets62.3%
Equity-funded · of assets funded by shareholders
Goodwill & intangibles0.0%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
ESP balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $35.5MFY2017 | $97.2MFY2026 | +11.8%/yr | |
| Total liabilities | $3.6MFY2017 | $36.6MFY2026 | +29.4%/yr | |
| Shareholders’ equity | $31.9MFY2017 | $60.6MFY2026 | +7.4%/yr | |
| Cash & short-term investments | $19.5MFY2017 | $45.4MFY2026 | +9.9%/yr | |
| Total debt | $0FY2017 | $0FY2025 | — | |
| Net cash (debt) | $19.5MFY2017 | $43.6MFY2025 | +$24.1M | |
| Working capital | $29.9MFY2017 | $54.7MFY2026 | +$24.9M | |
| Book value per share | $13.72FY2017 | $21.10FY2026 | +4.9%/yr | |
| Current ratio | 9.84FY2017 | 2.50FY2026 | −7.35 | |
| Debt / equity | 0.00FY2017 | 0.00FY2025 | 0.00 | |
| Shares outstanding | 2.3MFY2017 | 2.9MFY2026 | +2.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ESP assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
ESP liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
ESP debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
ESP balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $45.4M | $43.6M | $23.2M | $14.7M | $11.8M | $9.9M | $10.5M | $7.1M | $15.8M | $19.5M |
| Cash & equivalents | $19.4M | $18.9M | $4.4M | $2.7M | $8.1M | $6.8M | $5.4M | $1.5M | $4.3M | $10.1M |
| Short-term investments | $26.0M | $24.7M | $18.9M | $12.0M | $3.7M | $3.1M | $5.1M | $5.7M | $11.5M | $9.4M |
| Receivables | $9.0M | $7.6M | $6.6M | $5.8M | $5.7M | $5.6M | $9.0M | $11.0M | $4.5M | $3.5M |
| Inventory | $26.0M | $17.8M | $19.2M | $19.9M | $18.6M | $18.8M | $14.8M | $13.2M | $11.3M | $9.7M |
| Other current assets | $10.9M | $6.1M | $4.1M | $4.3M | $992,774 | $700,297 | $396,886 | $494,182 | $1.3M | $544,865 |
| Total current assets | $91.3M | $75.2M | $53.2M | $44.7M | $37.1M | $35.0M | $34.7M | $31.9M | $33.0M | $33.2M |
| Property, plant & equipment (net) | $4.5M | $4.0M | $3.3M | $2.8M | $2.8M | $3.0M | $3.5M | $3.8M | $3.8M | $2.3M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $97.2M | $79.1M | $56.5M | $47.5M | $39.9M | $38.0M | $38.2M | $35.7M | $36.7M | $35.5M |
| Liabilities | ||||||||||
| Accounts payable | $3.4M | $2.6M | $3.8M | $1.2M | $2.1M | $2.7M | $2.9M | $2.2M | $1.8M | $2.3M |
| Short-term debt | — | $0 | −$9.0M | $8.1M | $0 | $1.6M | $1.4M | $1.2M | $0 | $0 |
| Deferred revenue | $31.0M | $22.9M | $9.0M | $8.1M | $3.4M | $3.1M | $2.2M | $6,054 | — | — |
| Total current liabilities | $36.6M | $28.3M | $15.3M | $11.5M | $7.6M | $7.5M | $6.7M | $3.5M | $3.2M | $3.4M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $62,731 | $0 | $0 | $137,827 | $177,829 | $168,557 | $232,953 | $277,075 | $17,693 | $220,571 |
| Total liabilities | $36.6M | $28.3M | $15.3M | $11.6M | $7.8M | $7.6M | $7.0M | $3.8M | $3.2M | $3.6M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M |
| Retained earnings (deficit) | $37.9M | $31.6M | $26.0M | $21.9M | $18.7M | $17.4M | $18.8M | $20.0M | $22.4M | $21.7M |
| Treasury stock | — | — | — | — | — | −$6.0M | −$7.7M | −$7.6M | −$7.7M | −$7.8M |
| Accumulated other comprehensive income | $13,320 | $11,596 | $6,544 | −$2,429 | −$1,932 | −$2,361 | −$3,107 | −$1,299 | −$6,349 | −$3,599 |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $60.6M | $50.8M | $41.3M | $35.9M | $32.1M | $30.3M | $31.2M | $31.9M | $33.5M | $31.9M |
| Key figures | ||||||||||
| Total debt | — | $0 | −$9.0M | $8.1M | $0 | $1.6M | $1.4M | $1.2M | $0 | $0 |
| Net cash (debt) | — | $43.6M | $32.3M | $6.6M | $11.8M | $8.3M | $9.1M | $5.9M | $15.8M | $19.5M |
| Working capital | $54.7M | $46.9M | $38.0M | $33.2M | $29.5M | $27.5M | $28.0M | $28.4M | $29.7M | $29.9M |
| Tangible book value | $60.6M | $50.8M | $41.3M | $35.9M | $32.1M | $30.3M | $31.2M | $31.9M | $33.5M | $31.9M |
| Book value per share | $21.10 | $18.86 | $16.27 | $14.52 | $13.20 | $12.61 | $13.03 | $13.36 | $14.26 | $13.72 |
| Shares outstanding | 2.9M | 2.7M | 2.5M | 2.5M | 2.4M | 2.4M | 2.4M | 2.4M | 2.3M | 2.3M |
| Current ratio | 2.50 | 2.66 | 3.49 | 3.89 | 4.87 | 4.68 | 5.15 | 9.14 | 10.24 | 9.84 |
| Quick ratio | 1.49 | 1.81 | 1.96 | 1.79 | 2.30 | 2.07 | 2.90 | 5.21 | 6.33 | 6.82 |
| Debt / equity | — | 0.00 | −0.22 | 0.23 | 0.00 | 0.05 | 0.04 | 0.04 | 0.00 | 0.00 |
| Equity / assets | 62.3% | 64.3% | 73.0% | 75.5% | 80.5% | 79.9% | 81.7% | 89.5% | 91.2% | 89.9% |
| 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 | $45.4M | $46.7M | $43.2M | $46.9M | $43.6M | $38.5M | $28.3M | $23.5M | $23.2M | $21.1M | $17.5M | $16.1M |
| Cash & equivalents | $19.4M | $21.2M | $17.8M | $22.2M | $18.9M | $13.9M | $8.0M | $4.8M | $4.4M | $5.6M | $3.6M | $3.1M |
| Short-term investments | $26.0M | $25.5M | $25.4M | $24.7M | $24.7M | $24.6M | $20.3M | $18.7M | $18.9M | $15.6M | $13.9M | $13.1M |
| Receivables | $9.0M | $6.3M | $8.2M | $6.4M | $7.6M | $6.4M | $7.0M | $7.0M | $6.6M | $5.3M | $6.0M | $5.9M |
| Inventory | $26.0M | $26.6M | $22.9M | $21.1M | $17.8M | $16.6M | $17.6M | $19.4M | $19.2M | $19.6M | $17.9M | $19.3M |
| Other current assets | $10.9M | $10.6M | $6.5M | $6.4M | $6.1M | $5.9M | $2.7M | $3.8M | $4.1M | $4.3M | $4.0M | $4.1M |
| Total current assets | $91.3M | $90.1M | $80.9M | $80.7M | $75.2M | $67.4M | $55.6M | $53.8M | $53.2M | $50.4M | $45.3M | $45.4M |
| Property, plant & equipment (net) | $4.5M | $4.3M | $4.3M | $4.1M | $4.0M | $5.5M | $4.6M | $3.9M | $3.3M | $2.8M | $5.1M | $4.0M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1.3M | $1.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $97.2M | $96.0M | $85.2M | $84.8M | $79.1M | $72.8M | $60.2M | $57.6M | $56.5M | $53.1M | $50.4M | $49.4M |
| Liabilities | ||||||||||||
| Accounts payable | $3.4M | $3.1M | $3.6M | $3.4M | $2.6M | $2.1M | $2.7M | $3.9M | $3.8M | $2.8M | $2.1M | $1.9M |
| Short-term debt | — | — | $0 | $0 | $0 | $0 | $0 | $0 | — | $719,217 | $7.6M | $7.6M |
| Deferred revenue | $31.0M | $33.5M | $26.3M | $28.0M | $22.9M | $21.0M | $9.9M | $8.7M | $9.0M | $7.7M | $7.6M | $7.6M |
| Total current liabilities | $36.6M | $39.6M | $32.0M | $33.9M | $28.3M | $26.5M | $15.4M | $15.1M | $15.3M | $13.8M | $12.1M | $12.7M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $62,731 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $36.6M | $39.6M | $32.0M | $33.9M | $28.3M | $26.5M | $15.4M | $15.1M | $15.3M | $13.8M | $12.1M | $12.7M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M |
| Retained earnings (deficit) | $37.9M | $35.3M | $33.1M | $31.0M | $31.6M | $29.3M | $28.2M | $27.0M | $26.0M | $24.6M | $24.0M | $22.6M |
| Accumulated other comprehensive income | $13,320 | $11,365 | $15,821 | $15,153 | $11,596 | $6,731 | $5,004 | $14,236 | $6,544 | $5,139 | $2,988 | −$634 |
| Total shareholders' equity | $60.6M | $56.4M | $53.2M | $51.0M | $50.8M | $46.3M | $44.8M | $42.5M | $41.3M | $39.3M | $38.2M | $36.7M |
| Key figures | ||||||||||||
| Total debt | — | — | $0 | $0 | $0 | $0 | $0 | $0 | — | $719,217 | $7.6M | $7.6M |
| Net cash (debt) | — | — | $43.2M | $46.9M | $43.6M | $38.5M | $28.3M | $23.5M | — | $20.4M | $9.9M | $8.5M |
| Working capital | $54.7M | $50.5M | $48.9M | $46.9M | $46.9M | $40.8M | $40.2M | $38.6M | $38.0M | $36.6M | $33.1M | $32.8M |
| Tangible book value | $60.6M | $56.4M | $53.2M | $51.0M | $50.8M | $46.3M | $44.8M | $42.5M | $41.3M | $39.3M | $38.2M | $36.7M |
| Book value per share | $21.34 | $19.55 | $18.70 | $17.92 | $18.21 | $17.16 | $16.55 | $16.34 | $15.91 | $15.30 | $15.29 | $14.77 |
| Shares outstanding | 2.8M | 2.9M | 2.8M | 2.8M | 2.8M | 2.7M | 2.7M | 2.6M | 2.6M | 2.6M | 2.5M | 2.5M |
| Current ratio | 2.50 | 2.28 | 2.53 | 2.38 | 2.66 | 2.54 | 3.61 | 3.55 | 3.49 | 3.65 | 3.73 | 3.59 |
| Quick ratio | 1.49 | 1.34 | 1.61 | 1.57 | 1.81 | 1.69 | 2.30 | 2.01 | 1.96 | 1.92 | 1.93 | 1.74 |
| Debt / equity | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | 0.02 | 0.20 | 0.21 |
| Equity / assets | 62.3% | 58.8% | 62.5% | 60.1% | 64.3% | 63.6% | 74.5% | 73.7% | 73.0% | 74.0% | 75.9% | 74.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed September 23, 2026); data from EODHD.
ESP financial position
At the end of fiscal 2026 (June 30, 2026), Espey Mfg. & Electronics had total assets of $97.2 million (up 22.8% from a year earlier), total liabilities of $36.6 million and shareholders' equity of $60.6 million. Its current ratio was 2.50.
Related: ESP income statement, ESP cash flow statement, ESP key metrics. See the ESP stock overview for the latest quote and news.
ESP balance sheet FAQ
What are Espey Mfg. & Electronics's total assets?
Espey Mfg. & Electronics reported total assets of $97.2 million at the end of fiscal 2026 (June 30, 2026), compared with $79.1 million a year earlier.
How much cash does Espey Mfg. & Electronics have?
Espey Mfg. & Electronics held $45.4 million in cash and short-term investments at the end of fiscal 2026.
What is Espey Mfg. & Electronics's book value?
Espey Mfg. & Electronics's shareholders' equity (book value) was $60.6 million at the end of fiscal 2026, or $21.10 per share.
What is Espey Mfg. & Electronics's current ratio?
Espey Mfg. & Electronics had current assets of $91.3 million and current liabilities of $36.6 million, a current ratio of 2.50 (it can cover its short-term obligations).