Franklin Covey Co. (FC) Balance Sheet
FC balance sheet, FY2025
August 31, 2025 · U.S. dollars$242.9M assets = $176.0M liabilities + $66.9M equity
Both columns are drawn to the same scale: what FC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
FC financial health
Descriptive bands, not a rating. Fiscal FY2025.
FC balance sheet trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $190.9MFY2016 | $242.9MFY2025 | +2.7%/yr | |
| Total liabilities | $97.2MFY2016 | $176.0MFY2025 | +6.8%/yr | |
| Shareholders’ equity | $93.7MFY2016 | $66.9MFY2025 | −3.7%/yr | |
| Cash & short-term investments | $10.5MFY2016 | $31.7MFY2025 | +13.1%/yr | |
| Total debt | $38.7MFY2016 | $7.8MFY2025 | −16.3%/yr | |
| Net cash (debt) | −$28.2MFY2016 | $23.9MFY2025 | +$52.1M | |
| Working capital | $35.7MFY2016 | −$27.8MFY2025 | −$63.5M | |
| Book value per share | $6.22FY2016 | $5.13FY2025 | −2.1%/yr | |
| Current ratio | 1.66FY2016 | 0.82FY2025 | −0.84 | |
| Debt / equity | 0.41FY2016 | 0.12FY2025 | −0.30 | |
| Shares outstanding | 15.1MFY2016 | 13.1MFY2025 | −1.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
FC assets
FC liabilities and equity
FC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
FC balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $31.7M | $48.7M | $38.2M | $60.5M | $47.4M | $27.1M | $27.7M | $10.2M | $8.9M | $10.5M |
| Cash & equivalents | $31.7M | $48.7M | $38.2M | $60.5M | $47.4M | $27.1M | $27.7M | $10.2M | $8.9M | $10.5M |
| Short-term investments | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Receivables | $68.4M | $86.0M | $81.9M | $72.6M | $70.7M | $56.4M | $73.2M | $72.1M | $66.6M | $67.9M |
| Inventory | $5.2M | $4.0M | $4.2M | $3.5M | $2.5M | $3.0M | $3.5M | $3.2M | $3.4M | $5.0M |
| Other current assets | $24.2M | $21.6M | $20.6M | $19.3M | $16.1M | $15.1M | $14.9M | $14.8M | $13.0M | $6.3M |
| Total current assets | $129.5M | $160.3M | $145.0M | $155.9M | $136.7M | $101.7M | $119.3M | $100.2M | $91.8M | $89.7M |
| Property, plant & equipment (net) | $14.3M | $8.7M | $10.0M | $9.8M | $11.5M | $15.7M | $18.6M | $21.4M | $19.7M | $16.1M |
| Goodwill & intangible assets | $65.8M | $69.0M | $71.7M | $76.1M | $81.3M | $71.3M | $71.9M | $76.2M | $81.5M | $70.1M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $727,000 | $1.2M |
| Other non-current assets | $33.3M | $23.6M | $19.1M | $17.4M | $20.1M | $16.7M | $15.1M | $16.2M | $16.9M | $13.7M |
| Total assets | $242.9M | $261.5M | $245.9M | $259.2M | $249.7M | $205.4M | $224.9M | $213.9M | $210.7M | $190.9M |
| Liabilities | ||||||||||
| Accounts payable | $8.8M | $7.9M | $6.5M | $10.9M | $6.9M | $5.6M | $9.7M | $9.8M | $9.1M | $10.4M |
| Short-term debt | $1.5M | $3.9M | $9.4M | $9.0M | $8.7M | $7.6M | $7.3M | $12.4M | $8.1M | $5.4M |
| Deferred revenue | $106.5M | $118.2M | $107.5M | $99.7M | $85.9M | $66.7M | $62.2M | $51.9M | $40.8M | $20.8M |
| Total current liabilities | $157.3M | $162.5M | $151.6M | $153.8M | $136.5M | $102.5M | $103.5M | $94.8M | $80.6M | $54.1M |
| Long-term debt | $0 | $2.1M | $6.0M | $15.2M | $13.0M | $29.0M | $31.6M | $32.8M | $38.3M | $33.3M |
| Lease obligations | $0 | $4.4M | $8.0M | $11.2M | $14.0M | $16.6M | $19.0M | $21.1M | $22.9M | $24.6M |
| Other long-term liabilities | $18.7M | $13.9M | $9.7M | $7.3M | $20.3M | $14.4M | $7.7M | $5.7M | $6.8M | $9.8M |
| Total liabilities | $176.0M | $178.4M | $167.3M | $176.3M | $169.8M | $146.0M | $142.9M | $133.4M | $125.7M | $97.2M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M |
| Retained earnings (deficit) | $126.3M | $123.2M | $99.8M | $82.0M | $63.6M | $50.0M | $59.4M | $63.6M | $69.5M | $76.6M |
| Treasury stock | — | — | — | −$220.3M | −$200.7M | −$204.4M | −$195.0M | −$196.0M | −$198.9M | −$196.7M |
| Accumulated other comprehensive income | −$1.0M | −$768,000 | −$987,000 | −$542,000 | $709,000 | $641,000 | $269,000 | $341,000 | $667,000 | $1.2M |
| Minority interest | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Total shareholders' equity | $66.9M | $83.1M | $78.7M | $82.8M | $79.9M | $59.5M | $82.0M | $80.5M | $85.1M | $93.7M |
| Key figures | ||||||||||
| Total debt | $7.8M | $6.0M | $15.3M | $24.3M | $32.9M | $36.6M | $39.0M | $45.2M | $46.4M | $38.7M |
| Net cash (debt) | $23.9M | $42.6M | $22.9M | $36.3M | $14.6M | −$9.5M | −$11.3M | −$35.1M | −$37.5M | −$28.2M |
| Working capital | −$27.8M | −$2.2M | −$6.6M | $2.1M | $169,000 | −$864,000 | $15.8M | $5.3M | $11.2M | $35.7M |
| Tangible book value | $1.1M | $14.1M | $6.9M | $6.8M | −$1.5M | −$11.9M | $10.1M | $4.3M | $3.6M | $23.6M |
| Book value per share | $5.13 | $6.17 | $5.50 | $5.69 | $5.65 | $4.28 | $5.88 | $5.81 | $6.16 | $6.22 |
| Shares outstanding | 13.1M | 13.5M | 14.3M | 14.6M | 14.1M | 13.9M | 13.9M | 13.8M | 13.8M | 15.1M |
| Current ratio | 0.82 | 0.99 | 0.96 | 1.01 | 1.00 | 0.99 | 1.15 | 1.06 | 1.14 | 1.66 |
| Quick ratio | 0.64 | 0.83 | 0.79 | 0.87 | 0.86 | 0.81 | 0.97 | 0.87 | 0.94 | 1.45 |
| Debt / equity | 0.12 | 0.07 | 0.19 | 0.29 | 0.41 | 0.62 | 0.48 | 0.56 | 0.55 | 0.41 |
| Equity / assets | 27.5% | 31.8% | 32.0% | 32.0% | 32.0% | 28.9% | 36.5% | 37.6% | 40.4% | 49.1% |
| May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | Aug '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $12.0M | $13.7M | $17.5M | $31.7M | $33.7M | $40.4M | $53.3M | $48.7M | $36.6M | $40.9M | $34.0M | $38.2M |
| Cash & equivalents | $12.0M | $13.7M | $17.5M | $31.7M | $33.7M | $40.4M | $53.3M | $48.7M | $36.6M | $40.9M | $34.0M | $38.2M |
| Receivables | $50.3M | $50.2M | $59.1M | $68.4M | $49.8M | $53.3M | $61.4M | $86.0M | $60.4M | $57.2M | $59.9M | $81.9M |
| Inventory | $5.8M | $5.3M | $5.3M | $5.2M | $4.1M | $4.1M | $3.8M | $4.0M | $4.6M | $4.2M | $4.1M | $4.2M |
| Other current assets | $23.7M | $26.2M | $27.1M | $24.2M | $23.4M | $23.3M | $20.2M | $21.6M | $18.4M | $20.2M | $19.3M | $20.6M |
| Total current assets | $91.8M | $95.4M | $109.0M | $129.5M | $111.0M | $121.0M | $138.8M | $160.3M | $120.0M | $122.4M | $117.2M | $145.0M |
| Property, plant & equipment (net) | $12.6M | $13.2M | $13.5M | $14.3M | $9.9M | $9.6M | $8.7M | $8.7M | $8.6M | $8.7M | $9.5M | $10.0M |
| Goodwill & intangible assets | $63.1M | $63.7M | $65.1M | $65.8M | $66.9M | $67.3M | $68.4M | $69.0M | $70.0M | $69.6M | $70.7M | $71.7M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $30.6M | $34.2M | $33.6M | $33.3M | $30.5M | $23.5M | $24.0M | $23.6M | $22.3M | $21.2M | $21.4M | $19.1M |
| Total assets | $198.0M | $206.5M | $221.3M | $242.9M | $218.3M | $221.3M | $239.9M | $261.5M | $221.0M | $221.9M | $218.8M | $245.9M |
| Liabilities | ||||||||||||
| Accounts payable | $6.4M | $6.6M | $5.5M | $8.8M | $6.2M | $6.8M | $6.0M | $7.9M | $6.2M | $7.7M | $5.7M | $6.5M |
| Short-term debt | — | $835,000 | $831,000 | $1.5M | $1.0M | $2.0M | $3.0M | $3.9M | $5.9M | $7.1M | $8.2M | $9.4M |
| Deferred revenue | $93.0M | $97.9M | $96.0M | $106.5M | $103.5M | $88.4M | $88.9M | $118.2M | $102.3M | $104.4M | $99.5M | $107.5M |
| Total current liabilities | $140.1M | $152.2M | $148.7M | $157.3M | $132.3M | $134.1M | $143.5M | $162.5M | $136.6M | $138.5M | $134.7M | $151.6M |
| Long-term debt | $0 | $0 | $0 | $0 | $1.3M | $2.1M | $2.1M | $775,000 | $761,000 | $1.6M | $1.6M | $6.0M |
| Lease obligations | — | — | — | $0 | $1.5M | $2.5M | $3.5M | $4.4M | $5.3M | $6.2M | $7.1M | $8.0M |
| Other long-term liabilities | $14.9M | $16.2M | $18.5M | $18.7M | $19.1M | $12.6M | $13.6M | $15.2M | $11.5M | $11.1M | $12.1M | $9.7M |
| Total liabilities | $155.1M | $168.4M | $167.3M | $176.0M | $152.7M | $148.8M | $159.3M | $178.4M | $148.8M | $151.1M | $148.3M | $167.3M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M |
| Retained earnings (deficit) | $124.1M | $121.0M | $123.0M | $126.3M | $121.9M | $123.3M | $124.4M | $123.2M | $111.2M | $105.5M | $104.7M | $99.8M |
| Accumulated other comprehensive income | −$1.2M | −$1.2M | −$1.2M | −$1.0M | −$863,000 | −$1.0M | −$970,000 | −$768,000 | −$1.2M | −$1.1M | −$936,000 | −$987,000 |
| Total shareholders' equity | $42.9M | $38.0M | $54.0M | $66.9M | $65.6M | $72.5M | $80.6M | $83.1M | $72.2M | $70.8M | $70.5M | $78.7M |
| Key figures | ||||||||||||
| Total debt | — | $835,000 | $831,000 | $7.8M | $2.3M | $4.2M | $5.1M | $6.0M | $8.2M | $11.1M | $13.2M | $15.3M |
| Net cash (debt) | — | $12.9M | $16.7M | $23.9M | $31.4M | $36.2M | $48.2M | $42.6M | $28.4M | $29.8M | $20.7M | $22.9M |
| Working capital | −$48.3M | −$56.8M | −$39.7M | −$27.8M | −$21.3M | −$13.0M | −$4.8M | −$2.2M | −$16.6M | −$16.0M | −$17.4M | −$6.6M |
| Tangible book value | −$20.1M | −$25.6M | −$11.1M | $1.1M | −$1.3M | $5.2M | $12.3M | $14.1M | $2.1M | $1.2M | −$162,000 | $6.9M |
| Book value per share | $3.75 | $3.33 | $4.42 | $5.24 | $5.09 | $5.54 | $6.08 | $6.21 | $5.39 | $5.25 | $5.17 | $5.66 |
| Shares outstanding | 11.5M | 11.4M | 12.2M | 12.8M | 12.9M | 13.1M | 13.3M | 13.4M | 13.4M | 13.5M | 13.6M | 13.9M |
| Current ratio | 0.66 | 0.63 | 0.73 | 0.82 | 0.84 | 0.90 | 0.97 | 0.99 | 0.88 | 0.88 | 0.87 | 0.96 |
| Quick ratio | 0.44 | 0.42 | 0.52 | 0.64 | 0.63 | 0.70 | 0.80 | 0.83 | 0.71 | 0.71 | 0.70 | 0.79 |
| Debt / equity | — | 0.02 | 0.02 | 0.12 | 0.04 | 0.06 | 0.06 | 0.07 | 0.11 | 0.16 | 0.19 | 0.19 |
| Equity / assets | 21.7% | 18.4% | 24.4% | 27.5% | 30.0% | 32.8% | 33.6% | 31.8% | 32.7% | 31.9% | 32.2% | 32.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed November 12, 2025); data from EODHD.
FC financial position
At the end of fiscal 2025 (August 31, 2025), Franklin Covey had total assets of $242.9 million (down 7.1% from a year earlier), total liabilities of $176.0 million and shareholders' equity of $66.9 million. It held $31.7 million in cash and short-term investments against $7.8 million of debt, a net cash position of $23.9 million. Its current ratio was 0.82. In the latest quarter (ended May 31, 2026) total assets were $198.0 million and equity $42.9 million.
Related: FC income statement, FC cash flow statement, FC key metrics. See the FC stock overview for the latest quote and news.
FC balance sheet FAQ
What are Franklin Covey's total assets?
Franklin Covey reported total assets of $242.9 million at the end of fiscal 2025 (August 31, 2025), compared with $261.5 million a year earlier.
How much debt does Franklin Covey have?
Franklin Covey had $7.8 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.12.
How much cash does Franklin Covey have?
Franklin Covey held $31.7 million in cash and short-term investments at the end of fiscal 2025; with $7.8 million of debt that is net cash of $23.9 million.
What is Franklin Covey's book value?
Franklin Covey's shareholders' equity (book value) was $66.9 million at the end of fiscal 2025, or $5.13 per share.
What is Franklin Covey's current ratio?
Franklin Covey had current assets of $129.5 million and current liabilities of $157.3 million, a current ratio of 0.82 (current liabilities exceed current assets).
How much goodwill does Franklin Covey have?
Franklin Covey carried $65.8 million of goodwill and intangible assets, 27.1% of total assets, at the end of fiscal 2025.