Fort Technology Inc. (FRTT) Balance Sheet
FRTT balance sheet, 2025
December 31, 2025 · U.S. dollars$7.5M assets = $4.7M liabilities + $2.8M equity
Both columns are drawn to the same scale: what FRTT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
FRTT financial health
Descriptive bands, not a rating. Fiscal 2025.
FRTT balance sheet trends, 2020–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $113.0M2020 | $7.5M2025 | −49.3%/yr | |
| Total liabilities | $15.1M2020 | $4.7M2025 | −25.3%/yr | |
| Shareholders’ equity | $98.0M2020 | $2.8M2025 | −58.9%/yr | |
| Cash & short-term investments | $27.8M2020 | $605,0002025 | −61.6%/yr | |
| Total debt | $782,0002020 | $3.6M2025 | +46.5%/yr | |
| Net cash (debt) | $27.0M2020 | −$3.0M2025 | −$30.0M | |
| Working capital | $41.9M2020 | $3.4M2025 | −$38.5M | |
| Current ratio | 4.782020 | 3.372025 | −1.41 | |
| Debt / equity | 0.012020 | 1.292025 | +1.28 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
FRTT assets
FRTT liabilities and equity
FRTT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
FRTT balance sheet
| 2025 | 2024 | 2023 | 2022 | 2020 | |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & short-term investments | $605,000 | $546,000 | $210,000 | $727,000 | $27.8M |
| Cash & equivalents | $605,000 | $546,000 | $210,000 | $727,000 | $27.8M |
| Receivables | $305,000 | $167,000 | $815,000 | $660,000 | $145,000 |
| Inventory | $3.9M | $3.1M | $924,000 | $377,000 | $23.1M |
| Other current assets | $0 | $0 | $0 | $0 | $2.0M |
| Total current assets | $4.8M | $3.8M | $1.9M | $1.8M | $52.9M |
| Property, plant & equipment (net) | $301,000 | $385,000 | $37,000 | $25,000 | $57.2M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $2.4M | $0 | $0 | $0 | $2.9M |
| Total assets | $7.5M | $4.2M | $2.0M | $1.8M | $113.0M |
| Liabilities | |||||
| Accounts payable | $543,000 | $505,000 | $499,000 | $168,000 | $1.7M |
| Short-term debt | $313,000 | $48,000 | $36,000 | — | $665,000 |
| Total current liabilities | $1.4M | $2.6M | $942,000 | $427,000 | $11.1M |
| Long-term debt | $3.1M | $0 | $0 | $0 | $0 |
| Lease obligations | $213,000 | $247,000 | $36,000 | $0 | — |
| Other long-term liabilities | $158,000 | $232,000 | $0 | $4,000 | $4.0M |
| Total liabilities | $4.7M | $2.8M | $942,000 | $431,000 | $15.1M |
| Shareholders' equity | |||||
| Common stock & paid-in capital | $6.9M | — | — | — | $212,000 |
| Retained earnings (deficit) | −$4.4M | $1.4M | $1.0M | $1.4M | −$1.9M |
| Total shareholders' equity | $2.8M | $1.4M | $1.0M | $1.4M | $98.0M |
| Key figures | |||||
| Total debt | $3.6M | $247,000 | $36,000 | — | $782,000 |
| Net cash (debt) | −$3.0M | $299,000 | $174,000 | — | $27.0M |
| Working capital | $3.4M | $1.3M | $1.0M | $1.3M | $41.9M |
| Tangible book value | $2.8M | $1.4M | $1.0M | $1.4M | $98.0M |
| Book value per share | $0.67 | — | — | — | — |
| Shares outstanding | 4.2M | — | — | — | — |
| Current ratio | 3.37 | 1.48 | 2.07 | 4.13 | 4.78 |
| Quick ratio | 0.64 | 0.28 | 1.09 | 3.25 | 2.52 |
| Debt / equity | 1.29 | 0.18 | 0.03 | — | 0.01 |
| Equity / assets | 37.3% | 33.3% | 52.6% | 75.9% | 86.7% |
| Jun '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Dec '20 | |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & short-term investments | $781,000 | $605,000 | $711,000 | $601,110 | $270,000 | $546,000 | $27.8M |
| Cash & equivalents | $781,000 | $605,000 | $359,000 | $601,110 | $270,000 | $546,000 | $27.8M |
| Short-term investments | — | — | $352,000 | — | — | — | — |
| Receivables | $224,000 | $305,000 | $770,000 | $51,316 | $364,000 | $167,000 | $145,000 |
| Inventory | $3.7M | $3.9M | $3.5M | $0 | $3.5M | $3.1M | $23.1M |
| Other current assets | $302,000 | $0 | $0 | $1 | $0 | $0 | $2.0M |
| Total current assets | $5.0M | $4.8M | $4.9M | $652,427 | $4.1M | $3.8M | $52.9M |
| Property, plant & equipment (net) | $454,000 | $301,000 | $321,000 | $0 | $366,000 | $385,000 | $0 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $2.5M | $2.4M | $3.0M | $0 | $0 | $0 | $60.1M |
| Total assets | $7.9M | $7.5M | $8.2M | $652,427 | $4.5M | $4.2M | $113.0M |
| Liabilities | |||||||
| Accounts payable | $674,000 | $543,000 | $597,000 | $18,525 | $372,000 | $505,000 | $1.7M |
| Short-term debt | $100,000 | $313,000 | $312,000 | — | $50,000 | $48,000 | $398,000 |
| Deferred revenue | — | — | — | — | — | — | $1.0M |
| Total current liabilities | $2.1M | $1.4M | $3.6M | $25,030 | $2.8M | $2.6M | $11.1M |
| Long-term debt | $559,000 | $3.1M | $3.1M | $0 | $0 | $0 | $0 |
| Lease obligations | $351,000 | $213,000 | $227,000 | — | $243,000 | — | — |
| Other long-term liabilities | $251,000 | $158,000 | $203,000 | $0 | $227,000 | $232,000 | $4.0M |
| Total liabilities | $2.9M | $4.7M | $6.8M | $25,030 | $3.0M | $2.8M | $15.1M |
| Shareholders' equity | |||||||
| Common stock & paid-in capital | $9.0M | $6.9M | $4.4M | $935,235 | — | — | $212,000 |
| Retained earnings (deficit) | −$5.8M | −$4.4M | −$3.2M | −$355,889 | $1.5M | $1.4M | — |
| Accumulated other comprehensive income | $1.8M | — | — | — | — | — | — |
| Total shareholders' equity | $5.0M | $2.8M | $1.4M | $627,397 | $1.5M | $1.4M | $98.0M |
| Key figures | |||||||
| Total debt | $910,000 | $3.6M | $3.5M | — | $243,000 | $247,000 | $398,000 |
| Net cash (debt) | −$129,000 | −$3.0M | −$2.8M | — | $27,000 | $299,000 | $27.4M |
| Working capital | $2.9M | $3.4M | $1.4M | $627,397 | $1.3M | $1.3M | $41.9M |
| Tangible book value | $5.0M | $2.8M | $1.4M | $627,397 | $1.5M | $1.4M | $98.0M |
| Book value per share | $0.41 | $0.25 | $0.14 | — | — | — | — |
| Shares outstanding | 12.2M | 11.4M | 9.7M | — | — | — | — |
| Current ratio | 2.41 | 3.37 | 1.38 | 26.07 | 1.48 | 1.48 | 4.78 |
| Quick ratio | 0.49 | 0.64 | 0.42 | 26.07 | 0.23 | 0.28 | 2.52 |
| Debt / equity | 0.18 | 1.29 | 2.55 | — | 0.16 | 0.18 | 0.00 |
| Equity / assets | 63.7% | 37.3% | 17.0% | 96.2% | 32.8% | 33.3% | 86.7% |
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.
FRTT financial position
At the end of fiscal 2025 (December 31, 2025), Fort Technology had total assets of $7.5 million (up 77.7% from a year earlier), total liabilities of $4.7 million and shareholders' equity of $2.8 million. It held $0.6 million in cash and short-term investments against $3.6 million of debt, net debt of $3.0 million. Its current ratio was 3.37. In the latest quarter (ended June 30, 2026) total assets were $7.9 million and equity $5.0 million.
Related: FRTT income statement, FRTT cash flow statement, FRTT key metrics. See the FRTT stock overview for the latest quote and news.
FRTT balance sheet FAQ
What are Fort Technology's total assets?
Fort Technology reported total assets of $7.5 million at the end of fiscal 2025 (December 31, 2025), compared with $4.2 million a year earlier.
How much debt does Fort Technology have?
Fort Technology had $3.6 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.29.
How much cash does Fort Technology have?
Fort Technology held $0.6 million in cash and short-term investments at the end of fiscal 2025; with $3.6 million of debt that is net debt of $3.0 million.
What is Fort Technology's book value?
Fort Technology's shareholders' equity (book value) was $2.8 million at the end of fiscal 2025, or $0.67 per share.
What is Fort Technology's current ratio?
Fort Technology had current assets of $4.8 million and current liabilities of $1.4 million, a current ratio of 3.37 (it can cover its short-term obligations).