ENvue Medical Inc. (FEED) Balance Sheet
FEED balance sheet, 2025
December 31, 2025 · U.S. dollars$41.1M assets = $7.6M liabilities + $33.5M equity
Both columns are drawn to the same scale: what FEED owns equals what it owes plus shareholders’ equity. Hover a block for its value.
FEED financial health
Descriptive bands, not a rating. Fiscal 2025.
FEED balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $494,0002016 | $41.1M2025 | +63.4%/yr | |
| Total liabilities | $3.0M2016 | $7.6M2025 | +11.0%/yr | |
| Shareholders’ equity | −$2.5M2016 | $33.5M2025 | — | |
| Cash & short-term investments | $106,0002016 | $4.2M2025 | +50.6%/yr | |
| Total debt | $31,0002020 | $1.2M2025 | +107.7%/yr | |
| Net cash (debt) | $7.5M2020 | $3.0M2025 | −$4.5M | |
| Working capital | −$344,0002016 | $611,0002025 | +$955,000 | |
| Current ratio | 0.392016 | 1.092025 | +0.70 | |
| Debt / equity | 0.012020 | 0.042025 | +0.02 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
FEED assets
FEED liabilities and equity
FEED debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
FEED balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $4.2M | $752,000 | $3.3M | $2.7M | $7.7M | $7.5M | $1.3M | $896,000 | $4.4M | $106,000 |
| Cash & equivalents | $4.2M | $752,000 | $3.3M | $2.7M | $7.7M | $7.5M | $1.3M | $896,000 | $4.4M | $106,000 |
| Receivables | $543,000 | $268,000 | $425,000 | $109,000 | $264,000 | $93,000 | $130,000 | $144,000 | $35,000 | $14,000 |
| Inventory | $2.3M | $2.2M | $2.7M | $2.2M | $175,000 | $145,000 | $121,000 | $144,000 | $76,000 | $67,000 |
| Other current assets | $167,000 | $120,000 | $47,000 | $612,000 | $166,000 | $199,000 | $249,000 | $46,000 | $45,000 | $34,000 |
| Total current assets | $7.3M | $3.3M | $6.5M | $5.6M | $8.3M | $8.0M | $1.8M | $1.2M | $4.5M | $221,000 |
| Property, plant & equipment (net) | $246,000 | $125,000 | $12,000 | $88,000 | $54,000 | $35,000 | $4,000 | $8,000 | $6,000 | $11,000 |
| Goodwill & intangible assets | $33.5M | $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 | $145,000 | $173,000 | $175,000 | $182,000 | $226,000 | $223,999 | $194,000 | $342,000 | $343,000 | $262,000 |
| Total assets | $41.1M | $3.6M | $6.7M | $5.9M | $8.6M | $8.2M | $2.0M | $1.6M | $4.9M | $494,000 |
| Liabilities | ||||||||||
| Accounts payable | $719,000 | $47,000 | $138,000 | $66,000 | $87,000 | $144,000 | $409,000 | $193,000 | $168,000 | $82,000 |
| Short-term debt | $1.2M | $52,000 | $5,000 | $81,000 | $49,000 | $13,000 | — | — | — | — |
| Deferred revenue | $175,000 | $15,000 | $46,000 | $21,000 | $44,000 | — | — | — | — | — |
| Total current liabilities | $6.7M | $2.7M | $2.5M | $2.3M | $1.9M | $2.9M | $409,000 | $640,000 | $797,000 | $565,000 |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $117,000 | $116,000 | $5,000 | $81,000 | $49,000 | — | — | — | — | — |
| Other long-term liabilities | $967,000 | $279,999 | $231,999 | $330,000 | $406,000 | $2.9M | $278,999 | $477,000 | $434,000 | $2.4M |
| Total liabilities | $7.6M | $3.0M | $2.7M | $2.6M | $2.3M | $5.8M | $688,000 | $1.1M | $1.2M | $3.0M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1,000 | $3,000 | $2,000 | $2,000 | $28,000 | $24,000 | $9,000 | $4,000 | $4,000 | $2,000 |
| Retained earnings (deficit) | −$90.5M | −$69.8M | −$66.1M | −$62.4M | −$56.9M | −$42.7M | −$38.3M | −$32.5M | −$28.4M | −$22.6M |
| Accumulated other comprehensive income | −$80,000 | −$80,000 | −$67,000 | −$18,000 | $60,000 | $66,000 | — | — | — | — |
| Total shareholders' equity | $33.5M | $627,000 | $4.0M | $3.2M | $6.3M | $2.4M | $1.3M | $463,000 | $3.6M | −$2.5M |
| Key figures | ||||||||||
| Total debt | $1.2M | $116,000 | $5,000 | $81,000 | $49,000 | $31,000 | — | — | — | — |
| Net cash (debt) | $3.0M | $636,000 | $3.3M | $2.6M | $7.7M | $7.5M | — | — | — | — |
| Working capital | $611,000 | $609,000 | $4.0M | $3.3M | $6.4M | $5.1M | $1.4M | $590,000 | $3.7M | −$344,000 |
| Tangible book value | $35,000 | $627,000 | $4.0M | $3.2M | $6.3M | $2.4M | $1.3M | $463,000 | $3.6M | −$2.5M |
| Current ratio | 1.09 | 1.22 | 2.64 | 2.42 | 4.38 | 2.75 | 4.49 | 1.92 | 5.67 | 0.39 |
| Quick ratio | 0.72 | 0.37 | 1.51 | 1.22 | 4.20 | 2.63 | 3.59 | 1.62 | 5.51 | 0.21 |
| Debt / equity | 0.04 | 0.19 | 0.00 | 0.03 | 0.01 | 0.01 | — | — | — | — |
| Equity / assets | 81.5% | 17.3% | 59.8% | 55.0% | 73.2% | 29.1% | 66.2% | 29.3% | 74.7% | −505.9% |
| 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 | $1.1M | $2.3M | $4.2M | $7.0M | $4.1M | $601,000 | $752,000 | $1.3M | $2.2M | $2.7M | $3.3M | $3.8M |
| Cash & equivalents | $1.1M | $2.3M | $4.2M | $7.0M | $4.1M | $601,000 | $752,000 | $1.3M | $2.2M | $2.7M | $3.3M | $3.8M |
| Receivables | $498,000 | $725,000 | $543,000 | $252,000 | $115,000 | $358,000 | $268,000 | $580,000 | $489,000 | $360,000 | $425,000 | $32,000 |
| Inventory | $2.6M | $2.3M | $2.3M | $2.2M | $2.2M | $2.0M | $2.2M | $2.2M | $2.4M | $2.6M | $2.7M | $3.2M |
| Other current assets | $598,000 | $941,000 | $167,000 | $570,000 | $511,001 | $881,000 | $120,000 | $242,000 | $296,000 | $297,000 | $47,000 | $170,000 |
| Total current assets | $4.8M | $6.2M | $7.3M | $10.0M | $6.9M | $3.9M | $3.3M | $4.4M | $5.4M | $5.9M | $6.5M | $7.2M |
| Property, plant & equipment (net) | $388,000 | $275,000 | $246,000 | $249,000 | $257,000 | $286,000 | $125,000 | $135,000 | $142,000 | $118,000 | $12,000 | $26,000 |
| Goodwill & intangible assets | $62.1M | $62.3M | $33.5M | $43.9M | $44.1M | $39.8M | $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 | $0 | $0 | $145,000 | $213,000 | $186,000 | $171,000 | $173,000 | $170,000 | $168,000 | $172,000 | $175,000 | $167,000 |
| Total assets | $38.4M | $39.9M | $41.1M | $54.4M | $51.5M | $44.1M | $3.6M | $4.7M | $5.7M | $6.2M | $6.7M | $7.4M |
| Liabilities | ||||||||||||
| Accounts payable | $839,000 | $706,000 | $719,000 | $492,000 | $270,000 | $149,000 | $47,000 | $25,000 | $92,000 | $37,000 | $138,000 | $62,000 |
| Short-term debt | $1.2M | $1.2M | $1.2M | $3.2M | $2.1M | $3.9M | $52,000 | $49,000 | $44,000 | $24,000 | $5,000 | $19,000 |
| Deferred revenue | — | — | $175,000 | — | — | $4,000 | $15,000 | $27,000 | $37,000 | $46,000 | $46,000 | — |
| Total current liabilities | $7.3M | $6.9M | $6.7M | $11.6M | $6.5M | $8.2M | $2.7M | $2.5M | $2.6M | $2.4M | $2.5M | $2.4M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $230,000 | $130,000 | $117,000 | $127,000 | $150,000 | $165,000 | $116,000 | $126,000 | — | — | — | — |
| Other long-term liabilities | $342,000 | $990,999 | $967,000 | $275,000 | $4.5M | $230,000 | $280,000 | $289,000 | $298,999 | $303,999 | $231,999 | $278,999 |
| Total liabilities | $7.6M | $7.9M | $7.6M | $11.9M | $11.0M | $8.4M | $3.0M | $2.8M | $2.9M | $2.7M | $2.7M | $2.7M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $8,000 | $4,000 | $1,000 | $1,000 | $8,000 | $1,000 | $3,000 | $3,000 | $2,000 | $2,000 | $2,000 | $2,000 |
| Retained earnings (deficit) | −$124.4M | −$112.1M | −$90.5M | −$76.9M | −$76.0M | −$72.3M | −$69.8M | −$68.4M | −$67.4M | −$66.7M | −$66.1M | −$65.3M |
| Accumulated other comprehensive income | −$80,000 | −$80,000 | −$80,000 | −$87,000 | −$85,000 | −$81,000 | −$80,000 | −$75,000 | −$73,000 | −$70,000 | −$67,000 | −$54,000 |
| Total shareholders' equity | $30.8M | $32.0M | $33.5M | $42.5M | $40.5M | $35.7M | $627,000 | $1.9M | $2.8M | $3.5M | $4.0M | $4.7M |
| Key figures | ||||||||||||
| Total debt | $1.3M | $1.2M | $1.2M | $3.2M | $2.1M | $3.9M | $116,000 | $126,000 | $133,000 | $110,000 | $5,000 | $19,000 |
| Net cash (debt) | −$169,000 | $1.1M | $3.0M | $3.8M | $1.9M | −$3.3M | $636,000 | $1.2M | $2.0M | $2.6M | $3.3M | $3.8M |
| Working capital | −$2.5M | −$668,000 | $611,000 | −$1.6M | $349,000 | −$4.3M | $609,000 | $1.9M | $2.8M | $3.5M | $4.0M | $4.8M |
| Tangible book value | −$31.4M | −$30.3M | $35,000 | −$1.4M | −$3.7M | −$4.1M | $627,000 | $1.9M | $2.8M | $3.5M | $4.0M | $4.7M |
| Book value per share | $59.94 | — | — | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 513K | — | — | — | — | — | — | — | — | — | — | — |
| Current ratio | 0.66 | 0.90 | 1.09 | 0.86 | 1.05 | 0.47 | 1.22 | 1.74 | 2.11 | 2.45 | 2.64 | 3.00 |
| Quick ratio | 0.22 | 0.44 | 0.72 | 0.62 | 0.64 | 0.12 | 0.37 | 0.75 | 1.04 | 1.26 | 1.51 | 1.60 |
| Debt / equity | 0.04 | 0.04 | 0.04 | 0.07 | 0.05 | 0.11 | 0.19 | 0.07 | 0.05 | 0.03 | 0.00 | 0.00 |
| Equity / assets | 80.1% | 80.3% | 81.5% | 78.1% | 78.6% | 80.9% | 17.3% | 40.0% | 49.9% | 56.2% | 59.8% | 63.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 31, 2025); data from EODHD.
FEED financial position
At the end of fiscal 2025 (December 31, 2025), ENvue Medical had total assets of $41.1 million (up 1,033.2% from a year earlier), total liabilities of $7.6 million and shareholders' equity of $33.5 million. It held $4.2 million in cash and short-term investments against $1.2 million of debt, a net cash position of $3.0 million. Its current ratio was 1.09. In the latest quarter (ended June 30, 2026) total assets were $38.4 million and equity $30.8 million.
Related: FEED income statement, FEED cash flow statement, FEED key metrics. See the FEED stock overview for the latest quote and news.
FEED balance sheet FAQ
What are ENvue Medical's total assets?
ENvue Medical reported total assets of $41.1 million at the end of fiscal 2025 (December 31, 2025), compared with $3.6 million a year earlier.
How much debt does ENvue Medical have?
ENvue Medical had $1.2 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.04.
How much cash does ENvue Medical have?
ENvue Medical held $4.2 million in cash and short-term investments at the end of fiscal 2025; with $1.2 million of debt that is net cash of $3.0 million.
What is ENvue Medical's book value?
ENvue Medical's shareholders' equity (book value) was $33.5 million at the end of fiscal 2025.
What is ENvue Medical's current ratio?
ENvue Medical had current assets of $7.3 million and current liabilities of $6.7 million, a current ratio of 1.09 (it can cover its short-term obligations).
How much goodwill does ENvue Medical have?
ENvue Medical carried $33.5 million of goodwill and intangible assets, 81.4% of total assets, at the end of fiscal 2025.