Eve Holding, Inc. (EVEX) Balance Sheet
EVEX balance sheet, 2025
December 31, 2025 · U.S. dollars$434.9M assets = $311.1M liabilities + $123.8M equity
Both columns are drawn to the same scale: what EVEX owns equals what it owes plus shareholders’ equity. Hover a block for its value.
EVEX financial health
Descriptive bands, not a rating. Fiscal 2025.
EVEX balance sheet trends, 2019–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $18,7362019 | $434.9M2025 | +434.1%/yr | |
| Total liabilities | $497,9412019 | $311.1M2025 | +192.4%/yr | |
| Shareholders’ equity | −$479,2052019 | $123.8M2025 | — | |
| Cash & short-term investments | $2.0M2020 | $384.1M2025 | +187.0%/yr | |
| Total debt | $3.6M2022 | $179.8M2025 | +269.5%/yr | |
| Net cash (debt) | $224.4M2022 | $204.3M2025 | −$20.1M | |
| Working capital | −$449,7992019 | $286.1M2025 | +$286.6M | |
| Book value per share | −$0.002019 | $0.392025 | — | |
| Current ratio | 0.012019 | 3.292025 | +3.29 | |
| Debt / equity | 0.012022 | 1.452025 | +1.44 | |
| Shares outstanding | 264.3M2019 | 321.3M2025 | +3.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
EVEX assets
EVEX liabilities and equity
EVEX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
EVEX balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & short-term investments | $384.1M | $303.4M | $158.1M | $227.9M | $14.4M | $2.0M | — |
| Cash & equivalents | $103.2M | $56.4M | $46.9M | $49.1M | $14.4M | $2.0M | — |
| Short-term investments | $280.8M | $247.0M | $111.2M | $178.8M | $0 | — | — |
| Receivables | $54,000 | $472,000 | $83.2M | $82.9M | $220,000 | $0 | $0 |
| Inventory | $0 | $72,000 | $0 | $1.4M | $17,063 | $0 | $0 |
| Other current assets | $26.7M | $8.9M | $888,000 | $23,977 | $6.3M | $0 | $2,731 |
| Total current assets | $410.9M | $312.8M | $242.2M | $312.2M | $20.9M | $49,548 | $2,731 |
| Property, plant & equipment (net) | $15.6M | $1.7M | $1.1M | $668,000 | $0 | −$232.3M | $0 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $699,753 | $23,443 | $16,005 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $8.4M | $3.7M | $2.1M | $0 | $0 | $232.3M | $0 |
| Total assets | $434.9M | $318.2M | $245.3M | $312.9M | $21.6M | $72,991 | $18,736 |
| Liabilities | |||||||
| Accounts payable | $3.8M | $1.1M | $4.6M | $2.1M | $877,641 | $846,988 | $319,612 |
| Short-term debt | $3.4M | — | — | $3.6M | — | — | — |
| Deferred revenue | $9.3M | — | — | — | — | — | — |
| Total current liabilities | $124.8M | $59.3M | $52.0M | $24.9M | $10.2M | $1.0M | $452,530 |
| Long-term debt | $176.4M | $132.0M | $25.8M | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $9.9M | $3.0M | $2.5M | $1.0M | $702,921 | $40,578 | $45,411 |
| Total liabilities | $311.1M | $194.3M | $80.3M | $26.0M | $10.9M | $1.1M | $497,941 |
| Shareholders' equity | |||||||
| Common stock & paid-in capital | $348,000 | $298,000 | $269,000 | $269,000 | $220,000 | −$1.1M | −$478,631 |
| Retained earnings (deficit) | −$707.1M | −$482.8M | −$344.7M | −$217.0M | −$43.0M | −$46.2M | — |
| Accumulated other comprehensive income | — | — | $1 | −$1 | −$32,226 | $45,438 | −$574 |
| Total shareholders' equity | $123.8M | $123.9M | $165.1M | $286.9M | $10.7M | −$1.0M | −$479,205 |
| Key figures | |||||||
| Total debt | $179.8M | $132.0M | $25.8M | $3.6M | — | — | — |
| Net cash (debt) | $204.3M | $171.4M | $132.3M | $224.4M | — | — | — |
| Working capital | $286.1M | $253.5M | $190.2M | $287.3M | $10.7M | −$996,718 | −$449,799 |
| Tangible book value | $123.8M | $123.9M | $165.1M | $286.9M | $10.0M | −$1.0M | −$495,210 |
| Book value per share | $0.39 | $0.43 | $0.60 | $1.13 | $0.04 | −$0.00 | −$0.00 |
| Shares outstanding | 321.3M | 288.5M | 275.8M | 254.1M | 264.3M | 220.0M | 264.3M |
| Current ratio | 3.29 | 5.27 | 4.66 | 12.52 | 2.05 | 0.05 | 0.01 |
| Quick ratio | 3.08 | 5.12 | 4.64 | 12.46 | 1.44 | 1.88 | 0.00 |
| Debt / equity | 1.45 | 1.07 | 0.16 | 0.01 | — | — | — |
| Equity / assets | 28.5% | 38.9% | 67.3% | 91.7% | 49.6% | −1,389.0% | −2,557.7% |
| 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 | $394.7M | $432.6M | $384.1M | $411.7M | $242.7M | $287.6M | $303.4M | $279.8M | $121.0M | $138.3M | $158.1M | $174.5M |
| Cash & equivalents | $52.2M | $120.9M | $103.2M | $63.3M | $41.5M | $59.5M | $56.4M | $24.6M | $23.8M | $18.1M | $46.9M | $10.1M |
| Short-term investments | $342.5M | $311.6M | $280.8M | $348.4M | $201.2M | $228.1M | $247.0M | $255.3M | $97.2M | $120.2M | $111.2M | $164.4M |
| Receivables | $61,000 | $11,000 | $54,000 | $8,000 | $4,000 | $3,000 | $472,000 | $19,000 | $85.5M | $84.4M | $83.2M | $83.4M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$19,000 | $0 | $0 | $0 | $1.5M |
| Other current assets | $26.4M | $24.2M | $26.7M | $13.1M | $7.4M | $10.0M | $9.0M | $5.7M | $3.9M | $1.6M | $888,000 | $49,434 |
| Total current assets | $421.2M | $456.7M | $410.9M | $424.7M | $250.1M | $297.6M | $312.8M | $285.5M | $210.4M | $224.3M | $242.2M | $259.6M |
| Property, plant & equipment (net) | $13.9M | $12.0M | $15.6M | $8.9M | $5.7M | $1.9M | $1.7M | $1.8M | $2.3M | $1.5M | $1.1M | $1.0M |
| Goodwill & intangible assets | $7.4M | $6.0M | $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 | $15.2M | $9.6M | $8.4M | $6.0M | $5.2M | $4.6M | $3.7M | $2.2M | $1.9M | $2.5M | $2.1M | $976,467 |
| Total assets | $457.7M | $484.3M | $434.9M | $439.7M | $261.0M | $304.2M | $318.2M | $289.5M | $214.6M | $228.3M | $245.3M | $261.6M |
| Liabilities | ||||||||||||
| Accounts payable | $1.9M | $5.0M | $3.8M | $2.3M | $2.2M | $663,000 | $1.1M | $3.9M | $2.8M | $1.6M | $4.6M | $1.8M |
| Short-term debt | $5.7M | $3.4M | $3.4M | $794,000 | $543,000 | $129,000 | — | — | — | — | — | — |
| Deferred revenue | $2.8M | $9.4M | $9.3M | $1.7M | — | — | — | — | — | — | — | — |
| Total current liabilities | $121.2M | $120.3M | $124.8M | $81.5M | $90.2M | $82.7M | $59.3M | $54.8M | $54.3M | $45.2M | $52.0M | $46.2M |
| Long-term debt | $303.1M | $295.8M | $176.4M | $167.3M | $154.0M | $142.2M | $132.0M | $68.3M | $52.6M | $40.0M | $25.8M | $11.3M |
| Other long-term liabilities | $10.6M | $12.1M | $9.9M | $6.8M | $3.4M | $3.2M | $3.0M | $2.8M | $2.5M | $2.2M | $2.5M | $2.0M |
| Total liabilities | $434.9M | $428.2M | $311.1M | $255.6M | $247.6M | $228.0M | $194.3M | $125.9M | $109.5M | $87.4M | $80.3M | $59.5M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $348,000 | $348,000 | $348,000 | $348,000 | $298,000 | $298,000 | $298,000 | $298,000 | $270,000 | $269,000 | $269,000 | $269,209 |
| Retained earnings (deficit) | −$810.1M | −$775.9M | −$707.1M | −$643.2M | −$596.3M | −$531.6M | −$482.8M | −$442.1M | −$406.4M | −$370.0M | −$344.7M | −$305.4M |
| Accumulated other comprehensive income | — | $1,000 | — | — | — | — | — | — | — | $1,000 | $1 | — |
| Total shareholders' equity | $22.8M | $56.1M | $123.8M | $184.1M | $13.4M | $76.1M | $123.9M | $163.7M | $105.1M | $140.9M | $165.1M | $202.0M |
| Key figures | ||||||||||||
| Total debt | $308.9M | $299.2M | $179.8M | $168.1M | $154.6M | $142.3M | $132.0M | $68.3M | $52.6M | $40.0M | $25.8M | $11.3M |
| Net cash (debt) | $85.8M | $133.3M | $204.3M | $243.6M | $88.2M | $145.3M | $171.4M | $211.5M | $68.4M | $98.3M | $132.3M | $163.2M |
| Working capital | $300.0M | $336.4M | $286.1M | $343.3M | $160.0M | $215.0M | $253.5M | $230.8M | $156.0M | $179.1M | $190.2M | $213.4M |
| Tangible book value | $15.4M | $50.1M | $123.8M | $184.1M | $13.4M | $76.1M | $123.9M | $163.7M | $105.1M | $140.9M | $165.1M | $202.0M |
| Book value per share | $0.06 | $0.16 | $0.36 | $0.56 | $0.04 | $0.25 | $0.42 | $0.55 | $0.38 | $0.51 | $0.60 | $0.73 |
| Shares outstanding | 351.9M | 348.3M | 348.3M | 326.2M | 303.7M | 303.6M | 297.6M | 297.8M | 276.4M | 276.3M | 276.0M | 275.9M |
| Current ratio | 3.48 | 3.80 | 3.29 | 5.21 | 2.77 | 3.60 | 5.27 | 5.21 | 3.87 | 4.96 | 4.66 | 5.62 |
| Quick ratio | 3.26 | 3.60 | 3.08 | 5.05 | 2.69 | 3.48 | 5.12 | 5.11 | 3.80 | 4.92 | 4.64 | 5.59 |
| Debt / equity | 13.53 | 5.34 | 1.45 | 0.91 | 11.50 | 1.87 | 1.07 | 0.42 | 0.50 | 0.28 | 0.16 | 0.06 |
| Equity / assets | 5.0% | 11.6% | 28.5% | 41.9% | 5.1% | 25.0% | 38.9% | 56.5% | 49.0% | 61.7% | 67.3% | 77.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 16, 2026); data from EODHD.
EVEX financial position
At the end of fiscal 2025 (December 31, 2025), Eve had total assets of $434.9 million (up 36.6% from a year earlier), total liabilities of $311.1 million and shareholders' equity of $123.8 million. It held $384.1 million in cash and short-term investments against $179.8 million of debt, a net cash position of $204.3 million. Its current ratio was 3.29. In the latest quarter (ended June 30, 2026) total assets were $457.7 million and equity $22.8 million.
Related: EVEX income statement, EVEX cash flow statement, EVEX key metrics. See the EVEX stock overview for the latest quote and news.
EVEX balance sheet FAQ
What are Eve's total assets?
Eve reported total assets of $434.9 million at the end of fiscal 2025 (December 31, 2025), compared with $318.2 million a year earlier.
How much debt does Eve have?
Eve had $179.8 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 1.45.
How much cash does Eve have?
Eve held $384.1 million in cash and short-term investments at the end of fiscal 2025; with $179.8 million of debt that is net cash of $204.3 million.
What is Eve's book value?
Eve's shareholders' equity (book value) was $123.8 million at the end of fiscal 2025, or $0.39 per share.
What is Eve's current ratio?
Eve had current assets of $410.9 million and current liabilities of $124.8 million, a current ratio of 3.29 (it can cover its short-term obligations).