EZCORP, Inc. (EZPW) Balance Sheet
EZPW balance sheet, FY2025
September 30, 2025 · U.S. dollars$1.95B assets = $925.7M liabilities + $1.03B equity
Both columns are drawn to the same scale: what EZPW owns equals what it owes plus shareholders’ equity. Hover a block for its value.
EZPW financial health
Current ratio5.61
Comfortable · current assets cover current liabilities 5.61×
Debt / equity0.75
Moderate leverage · $0.75 of debt for each $1 of equity
Equity / assets52.6%
Equity-funded · of assets funded by shareholders
Cash / debt61.5%
Partial cover · cash & short-term investments vs total debt
Goodwill & intangibles19.7%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2025.
EZPW balance sheet trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $983.2MFY2016 | $1.95BFY2025 | +7.9%/yr | |
| Total liabilities | $389.0MFY2016 | $925.7MFY2025 | +10.1%/yr | |
| Shareholders’ equity | $594.2MFY2016 | $1.03BFY2025 | +6.3%/yr | |
| Cash & short-term investments | $65.7MFY2016 | $469.5MFY2025 | +24.4%/yr | |
| Total debt | $343.1MFY2016 | $764.0MFY2025 | +9.3%/yr | |
| Net cash (debt) | −$277.4MFY2016 | −$294.5MFY2025 | −$17.2M | |
| Working capital | $387.2MFY2016 | $925.4MFY2025 | +$538.2M | |
| Book value per share | $10.92FY2016 | $12.30FY2025 | +1.3%/yr | |
| Current ratio | 5.08FY2016 | 5.61FY2025 | +0.54 | |
| Debt / equity | 0.58FY2016 | 0.75FY2025 | +0.17 | |
| Shares outstanding | 54.4MFY2016 | 83.4MFY2025 | +4.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
EZPW assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
EZPW liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
EZPW debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
EZPW balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $469.5M | $170.5M | $220.6M | $206.0M | $253.7M | $304.5M | $157.6M | $285.3M | $164.4M | $65.7M |
| Cash & equivalents | $469.5M | $170.5M | $220.6M | $206.0M | $253.7M | $304.5M | $157.6M | $285.3M | $164.4M | $65.7M |
| Short-term investments | — | — | — | — | — | — | — | $267,000 | $0 | $3.0M |
| Receivables | $398.0M | $353.9M | $320.2M | $269.8M | $230.9M | $174.2M | $259.2M | $284.9M | $233.4M | $242.9M |
| Inventory | $248.5M | $191.9M | $166.5M | $151.6M | $111.0M | $95.9M | $179.4M | $167.0M | $154.4M | $140.2M |
| Other current assets | $10.0M | $12.6M | $12.5M | $16.7M | $15.3M | $18.6M | $9.7M | $12.2M | $28.8M | $33.3M |
| Total current assets | $1.13B | $729.0M | $719.7M | $644.2M | $610.9M | $593.2M | $605.8M | $749.4M | $581.0M | $482.1M |
| Property, plant & equipment (net) | $311.8M | $292.6M | $302.5M | $278.1M | $254.8M | $240.8M | $67.4M | $73.6M | $58.0M | $58.5M |
| Goodwill & intangible assets | $383.7M | $364.9M | $360.6M | $343.6M | $347.9M | $316.2M | $368.6M | $354.2M | $287.2M | $284.7M |
| Long-term investments | $70.0M | $65.2M | $47.2M | $62.0M | $38.9M | $33.6M | $35.6M | $52.7M | $71.7M | $78.2M |
| Other non-current assets | $59.7M | $41.5M | $37.7M | $20.0M | $14.5M | $13.2M | $6.4M | $11.8M | $26.6M | $79.7M |
| Total assets | $1.95B | $1.49B | $1.47B | $1.35B | $1.27B | $1.20B | $1.08B | $1.24B | $1.02B | $983.2M |
| Liabilities | ||||||||||
| Accounts payable | $22.9M | $20.9M | $23.0M | $24.1M | $22.5M | $19.1M | $25.9M | $10.5M | $61.5M | $84.3M |
| Short-term debt | $61.2M | $162.1M | $91.4M | $52.3M | $52.3M | $50.0M | $214,000 | $190.2M | $39.7M | $59.5M |
| Deferred revenue | $33.9M | $21.6M | $18.9M | $16.0M | $12.6M | $11.0M | $15.8M | $14.6M | $11.0M | $10.7M |
| Total current liabilities | $200.6M | $269.4M | $192.0M | $152.9M | $155.1M | $132.5M | $91.1M | $260.0M | $72.6M | $95.0M |
| Long-term debt | $518.1M | $224.3M | $325.8M | $312.9M | $264.2M | $251.0M | $238.4M | $226.7M | $284.8M | $283.6M |
| Lease obligations | $246.0M | $239.6M | $250.4M | $233.1M | $213.6M | $202.8M | — | — | — | — |
| Other long-term liabilities | $207.1M | $195.0M | $204.1M | $189.9M | $175.4M | $164.4M | $9.3M | $15.7M | $7.1M | $10.4M |
| Total liabilities | $925.7M | $688.7M | $721.9M | $655.6M | $594.7M | $547.9M | $338.8M | $502.4M | $364.4M | $389.0M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $609,000 | $546,000 | $549,000 | $564,000 | $560,000 | $551,000 | $556,000 | $398.5M | $349.1M | $541,000 |
| Retained earnings (deficit) | $612.7M | $507.2M | $431.1M | $402.0M | $326.8M | $318.2M | $389.2M | $386.6M | $351.7M | $319.8M |
| Treasury stock | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Accumulated other comprehensive income | −$38.7M | −$51.5M | −$32.1M | −$55.7M | −$58.4M | −$68.1M | −$52.4M | −$42.4M | −$38.4M | −$44.1M |
| Minority interest | — | — | — | — | — | — | — | −$3.3M | −$2.4M | −$778,000 |
| Total shareholders' equity | $1.03B | $804.6M | $745.8M | $692.2M | $672.2M | $649.1M | $744.9M | $742.7M | $659.9M | $594.2M |
| Key figures | ||||||||||
| Total debt | $764.0M | $566.9M | $610.5M | $546.0M | $477.8M | $454.0M | $238.6M | $416.9M | $324.5M | $343.1M |
| Net cash (debt) | −$294.5M | −$396.4M | −$389.9M | −$340.0M | −$224.1M | −$149.5M | −$81.0M | −$131.6M | −$160.1M | −$277.4M |
| Working capital | $925.4M | $459.6M | $527.7M | $491.3M | $455.8M | $460.8M | $514.7M | $489.4M | $508.4M | $387.2M |
| Tangible book value | $641.8M | $439.6M | $385.2M | $348.6M | $324.4M | $332.9M | $376.4M | $388.6M | $372.7M | $309.5M |
| Book value per share | $12.30 | $9.53 | $9.22 | $8.40 | $12.02 | $11.74 | $13.31 | $12.83 | $12.14 | $10.92 |
| Shares outstanding | 83.4M | 84.4M | 80.9M | 82.4M | 55.9M | 55.3M | 56.0M | 57.9M | 54.4M | 54.4M |
| Current ratio | 5.61 | 2.71 | 3.75 | 4.21 | 3.94 | 4.48 | 6.65 | 2.88 | 8.00 | 5.08 |
| Quick ratio | 4.33 | 1.95 | 2.82 | 3.11 | 3.12 | 3.61 | 4.58 | 2.19 | 5.48 | 3.25 |
| Debt / equity | 0.75 | 0.70 | 0.82 | 0.79 | 0.71 | 0.70 | 0.32 | 0.56 | 0.49 | 0.58 |
| Equity / assets | 52.6% | 53.9% | 50.8% | 51.4% | 53.1% | 54.2% | 68.7% | 59.8% | 64.4% | 60.4% |
| 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 | $311.0M | $354.2M | $465.9M | $469.5M | $472.1M | $505.2M | $174.5M | $170.5M | $218.0M | $229.1M | $218.5M | $220.6M |
| Cash & equivalents | $311.0M | $354.2M | $465.9M | $469.5M | $472.1M | $505.2M | $174.5M | $170.5M | $218.0M | $229.1M | $218.5M | $220.6M |
| Short-term investments | — | — | — | — | — | −$51.9M | — | — | — | — | — | — |
| Receivables | $476.1M | $445.3M | $408.8M | $398.0M | $377.6M | $340.7M | $352.4M | $353.9M | $338.0M | $312.3M | $320.4M | $320.2M |
| Inventory | $316.3M | $276.0M | $253.4M | $248.5M | $225.5M | $207.8M | $199.5M | $191.9M | $171.9M | $163.4M | $164.9M | $166.5M |
| Other current assets | $13.1M | $16.7M | $17.2M | $10.0M | $12.4M | $13.2M | $13.6M | $12.6M | $14.0M | $17.4M | $15.3M | $12.5M |
| Total current assets | $1.12B | $1.09B | $1.15B | $1.13B | $1.09B | $1.07B | $740.0M | $729.0M | $741.9M | $722.3M | $719.2M | $719.7M |
| Property, plant & equipment (net) | $370.2M | $356.6M | $312.5M | $311.8M | $303.5M | $294.0M | $291.0M | $292.6M | $295.0M | $307.1M | $300.1M | $302.5M |
| Goodwill & intangible assets | $600.1M | $598.2M | $390.7M | $383.7M | $379.9M | $362.3M | $361.8M | $364.9M | $369.0M | $372.4M | $360.8M | $360.6M |
| Long-term investments | $33.4M | $33.0M | $77.6M | $70.0M | $65.7M | $65.9M | $65.5M | $65.2M | $63.5M | $64.4M | $61.3M | $47.2M |
| Other non-current assets | $46.0M | $46.9M | $61.3M | $59.7M | $46.4M | $40.5M | $40.9M | $41.5M | $40.8M | $42.0M | $39.8M | $37.7M |
| Total assets | $2.17B | $2.13B | $1.99B | $1.95B | $1.88B | $1.83B | $1.50B | $1.49B | $1.51B | $1.51B | $1.48B | $1.47B |
| Liabilities | ||||||||||||
| Accounts payable | $26.4M | $24.8M | $16.9M | $22.9M | $22.3M | $14.9M | $14.8M | $20.9M | $14.9M | $11.4M | $18.2M | $23.0M |
| Short-term debt | $69.8M | $68.0M | $61.5M | $61.2M | $60.2M | $162.2M | $161.1M | $162.1M | $196.2M | $90.0M | $92.3M | $91.4M |
| Deferred revenue | $42.5M | $39.5M | $33.1M | $33.9M | $33.3M | $31.0M | $24.2M | $21.6M | $20.1M | $20.4M | $18.3M | $18.9M |
| Total current liabilities | $232.1M | $231.7M | $190.0M | $200.6M | $172.3M | $264.0M | $254.0M | $269.4M | $286.0M | $173.2M | $180.0M | $192.0M |
| Long-term debt | $519.5M | $519.0M | $518.6M | $518.1M | $517.6M | $517.2M | $224.5M | $224.3M | $224.0M | $326.6M | $326.2M | $325.8M |
| Lease obligations | $291.3M | $280.0M | $247.0M | $246.0M | $244.5M | $241.7M | $240.1M | $239.6M | $247.9M | $252.9M | $246.5M | $250.4M |
| Other long-term liabilities | $246.9M | $234.1M | $208.2M | $207.1M | $203.1M | $196.8M | $196.7M | $195.0M | $198.7M | $208.0M | $200.1M | $204.1M |
| Total liabilities | $998.5M | $984.8M | $916.8M | $925.7M | $893.0M | $978.1M | $675.2M | $688.7M | $708.7M | $707.7M | $706.3M | $721.9M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $615,000 | $616,000 | $617,000 | $609,000 | $610,000 | $550,000 | $550,000 | $546,000 | $548,000 | $551,000 | $553,000 | $549,000 |
| Retained earnings (deficit) | $739.4M | $703.7M | $657.0M | $612.7M | $586.5M | $561.2M | $536.4M | $507.2M | $493.8M | $477.7M | $457.9M | $431.1M |
| Accumulated other comprehensive income | −$29.0M | −$35.8M | −$34.8M | −$38.7M | −$45.2M | −$58.0M | −$58.9M | −$51.5M | −$40.0M | −$23.0M | −$27.5M | −$32.1M |
| Minority interest | $3.1M | $21.9M | — | — | — | — | — | — | — | — | — | — |
| Total shareholders' equity | $1.16B | $1.12B | $1.07B | $1.03B | $990.1M | $851.6M | $823.9M | $804.6M | $801.5M | $800.4M | $774.9M | $745.8M |
| Key figures | ||||||||||||
| Total debt | $810.7M | $799.0M | $765.5M | $764.0M | $762.1M | $862.2M | $567.8M | $566.9M | $609.2M | $613.9M | $607.0M | $610.5M |
| Net cash (debt) | −$499.7M | −$444.8M | −$299.6M | −$294.5M | −$290.0M | −$357.0M | −$393.3M | −$396.4M | −$391.2M | −$384.8M | −$388.5M | −$389.9M |
| Working capital | $884.4M | $860.3M | $955.3M | $925.4M | $915.4M | $802.9M | $486.0M | $459.6M | $455.9M | $549.1M | $539.2M | $527.7M |
| Tangible book value | $564.5M | $521.8M | $680.0M | $641.8M | $610.2M | $489.3M | $462.1M | $439.6M | $432.4M | $428.0M | $414.1M | $385.2M |
| Book value per share | $13.97 | $13.43 | $12.86 | $12.32 | $11.94 | $10.24 | $9.89 | $9.63 | $9.66 | $9.64 | $8.93 | $8.56 |
| Shares outstanding | 83.4M | 83.4M | 83.3M | 83.2M | 82.9M | 83.1M | 83.3M | 83.6M | 83.0M | 83.0M | 86.8M | 87.2M |
| Current ratio | 4.81 | 4.71 | 6.03 | 5.61 | 6.31 | 4.04 | 2.91 | 2.71 | 2.59 | 4.17 | 4.00 | 3.75 |
| Quick ratio | 3.39 | 3.45 | 4.60 | 4.33 | 4.93 | 3.20 | 2.07 | 1.95 | 1.94 | 3.13 | 2.99 | 2.82 |
| Debt / equity | 0.70 | 0.71 | 0.71 | 0.75 | 0.77 | 1.01 | 0.69 | 0.70 | 0.76 | 0.77 | 0.78 | 0.82 |
| Equity / assets | 53.8% | 52.7% | 53.9% | 52.6% | 52.6% | 46.5% | 55.0% | 53.9% | 53.1% | 53.1% | 52.3% | 50.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed November 13, 2025); data from EODHD.
EZPW financial position
At the end of fiscal 2025 (September 30, 2025), EZCORP had total assets of $2.0 billion (up 30.7% from a year earlier), total liabilities of $925.7 million and shareholders' equity of $1.0 billion. It held $469.5 million in cash and short-term investments against $764.0 million of debt, net debt of $294.5 million. Its current ratio was 5.61. In the latest quarter (ended June 30, 2026) total assets were $2.2 billion and equity $1.2 billion.
Related: EZPW income statement, EZPW cash flow statement, EZPW key metrics. See the EZPW stock overview for the latest quote and news.
EZPW balance sheet FAQ
What are EZCORP's total assets?
EZCORP reported total assets of $2.0 billion at the end of fiscal 2025 (September 30, 2025), compared with $1.5 billion a year earlier.
How much debt does EZCORP have?
EZCORP had $764.0 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.75.
How much cash does EZCORP have?
EZCORP held $469.5 million in cash and short-term investments at the end of fiscal 2025; with $764.0 million of debt that is net debt of $294.5 million.
What is EZCORP's book value?
EZCORP's shareholders' equity (book value) was $1.0 billion at the end of fiscal 2025, or $12.30 per share.
What is EZCORP's current ratio?
EZCORP had current assets of $1.1 billion and current liabilities of $200.6 million, a current ratio of 5.61 (it can cover its short-term obligations).
How much goodwill does EZCORP have?
EZCORP carried $383.7 million of goodwill and intangible assets, 19.7% of total assets, at the end of fiscal 2025.