Fly-E Group, Inc. (FLYE) Balance Sheet
FLYE balance sheet, FY2026
March 31, 2026 · U.S. dollars$29.5M assets = $12.1M liabilities + $17.4M equity
Both columns are drawn to the same scale: what FLYE owns equals what it owes plus shareholders’ equity. Hover a block for its value.
FLYE financial health
Descriptive bands, not a rating. Fiscal FY2026.
FLYE balance sheet trends, FY2022–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $14.7MFY2022 | $29.5MFY2026 | +19.1%/yr | |
| Total liabilities | $13.5MFY2022 | $12.1MFY2026 | −2.9%/yr | |
| Shareholders’ equity | $1.1MFY2022 | $17.4MFY2026 | +98.6%/yr | |
| Cash & short-term investments | $395,034FY2022 | $265,236FY2026 | −9.5%/yr | |
| Total debt | $8.4MFY2022 | $10.8MFY2026 | +6.4%/yr | |
| Net cash (debt) | −$8.0MFY2022 | −$10.5MFY2026 | −$2.5M | |
| Working capital | −$1.2MFY2022 | $10.0MFY2026 | +$11.2M | |
| Current ratio | 0.81FY2022 | 2.47FY2026 | +1.66 | |
| Debt / equity | 7.51FY2022 | 0.62FY2026 | −6.90 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
FLYE assets
FLYE liabilities and equity
FLYE debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
FLYE balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & short-term investments | $265,236 | $840,102 | $1.4M | $358,894 | $395,034 |
| Cash & equivalents | $265,236 | $840,102 | $1.4M | $358,894 | $395,034 |
| Receivables | $7.0M | $1.3M | $779,974 | $525,642 | $143,651 |
| Inventory | $2.3M | $6.4M | $5.4M | $3.8M | $4.6M |
| Other current assets | $7.2M | $5.5M | $588,660 | $782,819 | $55,863 |
| Total current assets | $16.8M | $14.0M | $8.1M | $5.5M | $5.2M |
| Property, plant & equipment (net) | $10.1M | $18.2M | $18.2M | $11.0M | $8.5M |
| Goodwill & intangible assets | $431,193 | $662,445 | $1.3M | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $2.2M | $823,433 | $1.3M | $711,861 | $954,162 |
| Total assets | $29.5M | $33.7M | $29.0M | $17.3M | $14.7M |
| Liabilities | |||||
| Accounts payable | $433,188 | $1.3M | $1.2M | $1.0M | $1.1M |
| Short-term debt | $5.5M | $7.9M | $4.1M | $2.2M | $1.3M |
| Deferred revenue | — | $28,144 | $25,099 | $36,396 | $21,626 |
| Total current liabilities | $6.8M | $12.7M | $7.8M | $4.9M | $6.4M |
| Long-term debt | $1.9M | $2.1M | $412,817 | $873,228 | $0 |
| Lease obligations | $4.8M | $11.7M | $16.8M | $10.8M | $8.4M |
| Other long-term liabilities | $3.3M | $9.1M | $14.0M | $9.0M | $7.1M |
| Total liabilities | $12.1M | $23.9M | $22.2M | $14.8M | $13.5M |
| Shareholders' equity | |||||
| Common stock & paid-in capital | $16,324 | $49,175 | $44,000 | $220,000 | $220,000 |
| Retained earnings (deficit) | −$10.2M | −$895,510 | $4.4M | $2.5M | $1.1M |
| Accumulated other comprehensive income | −$27,247 | −$41,059 | −$13,829 | −$219,998 | — |
| Total shareholders' equity | $17.4M | $9.8M | $6.8M | $2.5M | $1.1M |
| Key figures | |||||
| Total debt | $10.8M | $19.1M | $18.5M | $12.1M | $8.4M |
| Net cash (debt) | −$10.5M | −$18.2M | −$17.1M | −$11.7M | −$8.0M |
| Working capital | $10.0M | $1.3M | $341,392 | $594,148 | −$1.2M |
| Tangible book value | $17.0M | $9.2M | $5.5M | $2.5M | $1.1M |
| Book value per share | $15.79 | — | — | — | — |
| Shares outstanding | 1.1M | — | — | — | — |
| Current ratio | 2.47 | 1.10 | 1.04 | 1.12 | 0.81 |
| Quick ratio | 1.08 | 0.17 | 0.28 | 0.18 | 0.08 |
| Debt / equity | 0.62 | 1.94 | 2.72 | 4.84 | 7.51 |
| Equity / assets | 59.1% | 29.2% | 23.4% | 14.5% | 7.7% |
| 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 | $60,281 | $295,674 | $295,674 | $2.5M | $2.3M | $840,102 | $1.4M | $1.3M | $4.5M | $1.4M | $1.2M | $1.1M |
| Cash & equivalents | $60,281 | $295,674 | $295,674 | $2.5M | $2.3M | $840,102 | $1.4M | $1.3M | $4.5M | $1.4M | $1.2M | $1.1M |
| Receivables | $8.6M | $1.6M | $1.6M | $3.2M | $2.3M | $503,652 | $565,099 | $846,531 | $659,820 | $779,974 | $1.4M | $1.3M |
| Inventory | $2.0M | $5.1M | $5.1M | $6.5M | $5.9M | $6.4M | $8.6M | $8.6M | $6.1M | $5.4M | $5.4M | $5.4M |
| Other current assets | $5.4M | $13.7M | $13.7M | $4.5M | $6.2M | $6.3M | $2.3M | $2.5M | $2.7M | $588,660 | $1.1M | $777,596 |
| Total current assets | $16.1M | $20.7M | $20.7M | $16.8M | $16.8M | $14.0M | $12.8M | $13.2M | $13.9M | $8.1M | $9.1M | $8.5M |
| Property, plant & equipment (net) | $9.3M | $6.0M | $12.4M | $13.7M | $15.7M | $18.2M | $21.6M | $22.1M | $18.3M | $18.2M | $13.2M | $12.7M |
| Goodwill & intangible assets | $403,491 | $458,236 | $458,236 | $486,581 | $498,550 | $662,445 | $1.1M | $1.6M | $2.1M | $1.3M | $108,750 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $329,872 | $6.8M | $403,016 | $671,120 | $791,202 | $823,433 | $1.7M | $1.3M | $899,733 | $1.3M | $1.0M | $700,452 |
| Total assets | $26.2M | $33.9M | $34.0M | $31.6M | $33.8M | $33.7M | $37.2M | $38.2M | $35.2M | $29.0M | $23.4M | $22.0M |
| Liabilities | ||||||||||||
| Accounts payable | $1.1M | $337,481 | $337,481 | $550,249 | $419,128 | $1.3M | $1.3M | $365,129 | $406,449 | $1.2M | $979,331 | $505,415 |
| Short-term debt | $5.4M | $5.4M | — | $7.6M | $8.7M | — | $8.2M | $10.0M | $4.2M | $4.1M | $3.6M | $3.2M |
| Deferred revenue | $412,023 | — | — | $33,230 | $32,069 | — | $26,445 | $32,687 | $32,011 | $25,099 | $30,705 | $20,023 |
| Total current liabilities | $8.0M | $7.3M | $7.3M | $8.6M | $10.7M | $12.7M | $9.9M | $10.9M | $6.2M | $7.8M | $6.4M | $5.5M |
| Long-term debt | $1.9M | $1.9M | $2.0M | $2.0M | $2.1M | $2.1M | $2.1M | $191,128 | $381,890 | $412,817 | $442,336 | $270,817 |
| Lease obligations | $4.2M | $4.8M | $5.1M | $7.5M | $9.3M | $11.7M | $15.3M | $16.4M | $16.8M | $16.8M | $12.7M | $12.2M |
| Other long-term liabilities | $2.8M | $3.7M | $3.7M | $5.7M | $7.2M | $9.1M | $12.2M | $13.3M | $13.7M | $14.0M | $10.4M | $10.0M |
| Total liabilities | $12.7M | $13.0M | $13.0M | $16.3M | $20.1M | $23.9M | $24.1M | $24.3M | $20.2M | $22.2M | $17.3M | $15.9M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $16,324 | $16,324 | — | $16,324 | $106,366 | — | $245,875 | $245,875 | $245,875 | $44,000 | $220,000 | $2 |
| Retained earnings (deficit) | −$14.1M | −$6.6M | −$6.6M | −$4.7M | −$2.9M | −$895,510 | $2.4M | $3.1M | $4.2M | $4.4M | $3.7M | $3.7M |
| Accumulated other comprehensive income | −$27,247 | −$27,247 | — | −$48,083 | −$18,705 | — | −$33,371 | −$10,855 | −$15,153 | −$13,829 | $3,101 | — |
| Total shareholders' equity | $13.5M | $21.0M | $21.0M | $15.3M | $13.7M | $9.8M | $13.1M | $13.8M | $15.0M | $6.8M | $6.1M | $6.1M |
| Key figures | ||||||||||||
| Total debt | $10.1M | $11.1M | $2.0M | $15.3M | $18.0M | $2.1M | $22.4M | $23.4M | $18.3M | $18.5M | $14.4M | $13.5M |
| Net cash (debt) | −$10.1M | −$10.8M | −$1.7M | −$12.8M | −$15.7M | −$1.2M | −$21.0M | −$22.2M | −$13.8M | −$17.1M | −$13.2M | −$12.4M |
| Working capital | $8.1M | $13.4M | $13.4M | $8.1M | $6.0M | $1.3M | $3.0M | $2.3M | $7.7M | $341,392 | $2.6M | $3.0M |
| Tangible book value | $13.1M | $20.5M | $20.5M | $14.8M | $13.2M | $9.2M | $12.0M | $12.2M | $12.9M | $5.5M | $6.0M | $6.1M |
| Book value per share | $8.27 | $12.86 | $12.86 | $18.80 | $40.93 | $2.00 | — | — | — | — | — | — |
| Shares outstanding | 1.6M | 1.6M | 1.6M | 814K | 335K | 4.9M | — | — | — | — | — | — |
| Current ratio | 2.02 | 2.84 | 2.83 | 1.95 | 1.56 | 1.10 | 1.30 | 1.21 | 2.25 | 1.04 | 1.41 | 1.54 |
| Quick ratio | 1.09 | 0.26 | 0.26 | 0.66 | 0.43 | 0.11 | 0.20 | 0.20 | 0.83 | 0.28 | 0.40 | 0.43 |
| Debt / equity | 0.75 | 0.53 | 0.09 | 1.00 | 1.31 | 0.21 | 1.71 | 1.69 | 1.22 | 2.72 | 2.36 | 2.21 |
| Equity / assets | 51.6% | 61.8% | 61.8% | 48.4% | 40.6% | 29.2% | 35.2% | 36.2% | 42.5% | 23.4% | 26.2% | 27.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed July 23, 2026); data from EODHD.
FLYE financial position
At the end of fiscal 2026 (March 31, 2026), Fly-E had total assets of $29.5 million (down 12.5% from a year earlier), total liabilities of $12.1 million and shareholders' equity of $17.4 million. It held $0.3 million in cash and short-term investments against $10.8 million of debt, net debt of $10.5 million. Its current ratio was 2.47. In the latest quarter (ended June 30, 2026) total assets were $26.2 million and equity $13.5 million.
Related: FLYE income statement, FLYE cash flow statement, FLYE key metrics. See the FLYE stock overview for the latest quote and news.
FLYE balance sheet FAQ
What are Fly-E's total assets?
Fly-E reported total assets of $29.5 million at the end of fiscal 2026 (March 31, 2026), compared with $33.7 million a year earlier.
How much debt does Fly-E have?
Fly-E had $10.8 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.62.
How much cash does Fly-E have?
Fly-E held $0.3 million in cash and short-term investments at the end of fiscal 2026; with $10.8 million of debt that is net debt of $10.5 million.
What is Fly-E's book value?
Fly-E's shareholders' equity (book value) was $17.4 million at the end of fiscal 2026, or $15.79 per share.
What is Fly-E's current ratio?
Fly-E had current assets of $16.8 million and current liabilities of $6.8 million, a current ratio of 2.47 (it can cover its short-term obligations).
How much goodwill does Fly-E have?
Fly-E carried $0.4 million of goodwill and intangible assets, 1.5% of total assets, at the end of fiscal 2026.