Gencor Industries, Inc. (GENC) Balance Sheet
GENC balance sheet, FY2025
September 30, 2025 · U.S. dollars$222.6M assets = $10.8M liabilities + $211.8M equity
Both columns are drawn to the same scale: what GENC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
GENC financial health
Descriptive bands, not a rating. Fiscal FY2025.
GENC balance sheet trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $128.7MFY2016 | $222.6MFY2025 | +6.3%/yr | |
| Total liabilities | $8.5MFY2016 | $10.8MFY2025 | +2.7%/yr | |
| Shareholders’ equity | $120.2MFY2016 | $211.8MFY2025 | +6.5%/yr | |
| Cash & short-term investments | $104.2MFY2016 | $136.3MFY2025 | +3.0%/yr | |
| Total debt | $942,000FY2020 | $339,000FY2025 | −18.5%/yr | |
| Net cash (debt) | $124.1MFY2020 | $136.0MFY2025 | +$11.8M | |
| Working capital | $115.2MFY2016 | $197.7MFY2025 | +$82.5M | |
| Book value per share | $8.28FY2016 | $14.45FY2025 | +6.4%/yr | |
| Debt / equity | 0.01FY2020 | 0.00FY2025 | 0.00 | |
| Shares outstanding | 14.5MFY2016 | 14.7MFY2025 | +0.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GENC assets
GENC liabilities and equity
GENC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
GENC balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $136.3M | $115.4M | $101.3M | $98.9M | $118.2M | $125.1M | $115.6M | $112.1M | $110.8M | $104.2M |
| Cash & equivalents | $26.6M | $25.5M | $17.0M | $9.6M | $23.2M | $35.6M | $10.3M | $8.0M | $22.9M | $18.2M |
| Short-term investments | $109.7M | $89.9M | $84.3M | $89.3M | $95.0M | $89.5M | $105.3M | $104.1M | $87.9M | $85.9M |
| Receivables | $15.3M | $2.0M | $4.0M | $5.1M | $4.5M | $8.4M | $15.4M | $12.9M | $8.0M | $6.0M |
| Inventory | $53.5M | $63.8M | $71.5M | $55.8M | $41.9M | $27.1M | $25.4M | $18.2M | $16.7M | $11.6M |
| Other current assets | $1.4M | $11.7M | $2.2M | $2.7M | $2.2M | $1.2M | $499,000 | $1.9M | $1.7M | $1.6M |
| Total current assets | $206.5M | $192.8M | $179.0M | $162.5M | $166.8M | $161.8M | $156.9M | $145.1M | $137.1M | $123.4M |
| Property, plant & equipment (net) | $11.1M | $11.5M | $13.2M | $13.5M | $11.8M | $8.3M | $8.4M | $7.9M | $5.7M | $5.2M |
| Goodwill & intangible assets | $0 | $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 | $5.0M | $3.8M | $3.5M | $3.3M | $838,000 | $995,000 | $53,000 | $53,000 | $53,000 | $53,000 |
| Total assets | $222.6M | $208.1M | $195.7M | $179.3M | $179.5M | $171.1M | $165.4M | $153.0M | $142.9M | $128.7M |
| Liabilities | ||||||||||
| Accounts payable | $1.8M | $2.0M | $3.3M | $4.3M | $3.1M | $1.7M | $1.9M | $1.8M | $1.3M | $1.4M |
| Short-term debt | $339,000 | — | $328,000 | $390,000 | $393,000 | $328,000 | — | — | — | — |
| Deferred revenue | $3.9M | — | $6.8M | $5.9M | $5.2M | $3.9M | $1.9M | $4.6M | $8.6M | $4.5M |
| Total current liabilities | $8.8M | $10.6M | $14.2M | $12.4M | $11.4M | $8.5M | $6.5M | $8.5M | $12.4M | $8.2M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $339,000 | $330,000 | $328,000 | $396,000 | $785,000 | $942,000 | — | — | — | — |
| Other long-term liabilities | $2.0M | $1.4M | $176,000 | $6,000 | $786,000 | $1.4M | $3.4M | $2.6M | $1.6M | $316,000 |
| Total liabilities | $10.8M | $12.0M | $14.3M | $12.4M | $12.2M | $9.9M | $9.9M | $11.1M | $14.0M | $8.5M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.5M | — | $1.5M | $1.5M | $1.5M | $1.5M | $1.5M | $1.5M | $1.4M | $1.4M |
| Retained earnings (deficit) | $197.7M | $182.1M | $167.5M | $152.9M | $153.2M | $147.4M | $141.9M | $131.7M | $116.3M | $107.9M |
| Treasury stock | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Accumulated other comprehensive income | — | — | — | — | $0 | −$24.8M | −$23.2M | −$21.8M | −$20.5M | −$19.6M |
| Minority interest | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Total shareholders' equity | $211.8M | $196.1M | $181.6M | $166.9M | $167.3M | $161.2M | $155.5M | $145.0M | $128.9M | $120.2M |
| Key figures | ||||||||||
| Total debt | $339,000 | — | $328,000 | $396,000 | $785,000 | $942,000 | — | — | — | — |
| Net cash (debt) | $136.0M | — | $101.0M | $98.5M | $117.4M | $124.1M | — | — | — | — |
| Working capital | $197.7M | $182.2M | $164.8M | $150.1M | $155.4M | $153.2M | $150.4M | $136.6M | $124.7M | $115.2M |
| Tangible book value | $211.8M | $196.1M | $181.6M | $166.9M | $167.3M | $161.2M | $155.5M | $145.0M | $128.9M | $120.2M |
| Book value per share | $14.45 | $13.38 | $12.39 | $11.39 | $11.36 | $10.95 | $10.57 | $9.85 | $8.78 | $8.28 |
| Shares outstanding | 14.7M | 14.7M | 14.7M | 14.7M | 14.7M | 14.7M | 14.7M | 14.7M | 14.7M | 14.5M |
| Current ratio | 23.44 | 18.19 | 12.63 | 13.11 | 14.65 | 19.00 | 24.20 | 17.10 | 11.08 | 15.07 |
| Quick ratio | 17.21 | 11.07 | 7.43 | 8.39 | 10.78 | 15.68 | 20.21 | 14.73 | 9.60 | 13.45 |
| Debt / equity | 0.00 | — | 0.00 | 0.00 | 0.00 | 0.01 | — | — | — | — |
| Equity / assets | 95.2% | 94.2% | 92.8% | 93.1% | 93.2% | 94.2% | 94.0% | 94.8% | 90.2% | 93.4% |
| 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 | $164.2M | $155.1M | $147.7M | $136.3M | $136.0M | $115.4M | $130.1M | $115.4M | $116.6M | $117.1M | $104.8M | $101.3M |
| Cash & equivalents | $26.3M | $43.5M | $36.7M | $26.6M | $27.9M | $25.5M | $40.0M | $25.5M | $28.8M | $30.2M | $18.6M | $17.0M |
| Short-term investments | $137.9M | $111.7M | $111.0M | $109.7M | $108.1M | $89.9M | $90.1M | $89.9M | $87.8M | $86.9M | $86.2M | $84.3M |
| Receivables | $2.8M | $11.5M | $8.6M | $15.3M | $15.4M | $11.3M | $3.6M | $2.0M | $5.6M | $8.2M | $10.2M | $4.0M |
| Inventory | $47.0M | $51.1M | $53.2M | $53.5M | $52.9M | $63.8M | $59.7M | $63.8M | $63.2M | $63.7M | $72.2M | $71.5M |
| Other current assets | $9.0M | $5.3M | $2.9M | $1.4M | $1.1M | $2.4M | $9.7M | $11.7M | $531,000 | $1.2M | $2.4M | $2.2M |
| Total current assets | $222.9M | $223.0M | $212.5M | $206.5M | $205.3M | $192.8M | $203.1M | $192.8M | $186.0M | $190.3M | $189.6M | $179.0M |
| Property, plant & equipment (net) | $11.2M | $11.2M | $11.5M | $11.1M | $10.6M | $11.5M | $11.2M | $11.5M | $12.5M | $12.3M | $12.9M | $13.2M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $4.9M | $5.1M | $4.9M | $5.0M | $4.2M | $3.8M | $3.9M | $3.8M | $3.3M | $3.5M | $3.1M | $3.5M |
| Total assets | $239.0M | $239.2M | $228.9M | $222.6M | $220.2M | $208.1M | $218.2M | $208.1M | $201.8M | $206.0M | $205.7M | $195.7M |
| Liabilities | ||||||||||||
| Accounts payable | $3.6M | $4.8M | $2.0M | $1.8M | $2.5M | $2.0M | $3.7M | $2.0M | $2.3M | $2.9M | $3.7M | $3.3M |
| Short-term debt | $63,000 | $156,000 | $248,000 | $339,000 | $369,000 | $330,000 | — | — | $359,000 | $357,000 | $235,000 | $328,000 |
| Deferred revenue | $5.9M | $8.3M | $6.0M | $3.9M | $2.4M | $5.0M | — | — | $2.6M | $7.9M | $12.7M | $6.8M |
| Total current liabilities | $11.6M | $15.6M | $11.5M | $8.8M | $8.3M | $10.6M | $16.7M | $10.6M | $7.0M | $13.8M | $19.7M | $14.2M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $63,000 | $156,000 | $248,000 | $339,000 | $432,000 | $522,000 | $241,000 | $330,000 | $420,000 | $509,000 | $235,000 | $328,000 |
| Other long-term liabilities | $2.6M | $2.4M | $2.1M | $2.0M | $2.0M | $1.4M | $1.5M | $1.4M | $61,000 | $152,000 | $0 | $176,000 |
| Total liabilities | $14.2M | $18.0M | $13.7M | $10.8M | $10.3M | $12.0M | $18.2M | $12.0M | $7.1M | $13.9M | $19.7M | $14.2M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.5M | $1.5M | $1.5M | $1.5M | $1.5M | $1.5M | — | — | $1.5M | $1.5M | $1.5M | $1.5M |
| Retained earnings (deficit) | $210.7M | $207.2M | $201.2M | $197.7M | $195.8M | $182.1M | $185.9M | $182.1M | $180.6M | $178.1M | $171.9M | $167.5M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | $0 | — | $0 | — |
| Total shareholders' equity | $224.8M | $221.2M | $215.2M | $211.8M | $209.9M | $196.1M | $200.0M | $196.1M | $194.7M | $192.1M | $185.9M | $181.6M |
| Key figures | ||||||||||||
| Total debt | $63,000 | $156,000 | $248,000 | $339,000 | $432,000 | $330,000 | — | — | $420,000 | $509,000 | $235,000 | $328,000 |
| Net cash (debt) | $164.1M | $155.0M | $147.5M | $136.0M | $135.5M | $115.1M | — | — | $116.2M | $116.6M | $104.6M | $101.0M |
| Working capital | $211.3M | $207.4M | $200.9M | $197.7M | $197.1M | $182.2M | $186.5M | $182.2M | $179.0M | $176.5M | $169.8M | $164.8M |
| Tangible book value | $224.8M | $221.2M | $215.2M | $211.8M | $209.9M | $196.1M | $200.0M | $196.1M | $194.7M | $192.1M | $185.9M | $181.6M |
| Book value per share | $15.33 | $15.09 | $14.68 | $14.45 | $14.32 | $13.38 | $13.64 | $13.38 | $13.28 | $13.11 | $12.68 | $12.39 |
| Shares outstanding | 14.7M | 14.7M | 14.7M | 14.7M | 14.7M | 14.7M | 14.7M | 14.7M | 14.7M | 14.7M | 14.7M | 14.7M |
| Current ratio | 19.16 | 14.29 | 18.40 | 23.44 | 24.80 | 18.19 | 12.19 | 18.19 | 26.55 | 13.83 | 9.60 | 12.63 |
| Quick ratio | 14.35 | 10.67 | 13.54 | 17.21 | 18.28 | 11.95 | 8.02 | 11.07 | 17.45 | 9.11 | 5.82 | 7.43 |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity / assets | 94.1% | 92.5% | 94.0% | 95.2% | 95.3% | 94.2% | 91.7% | 94.2% | 96.5% | 93.2% | 90.4% | 92.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 9, 2025); data from EODHD.
GENC financial position
At the end of fiscal 2025 (September 30, 2025), Gencor Industries had total assets of $222.6 million (up 7.0% from a year earlier), total liabilities of $10.8 million and shareholders' equity of $211.8 million. It held $136.3 million in cash and short-term investments against $0.3 million of debt, a net cash position of $136.0 million. Its current ratio was 23.44. In the latest quarter (ended June 30, 2026) total assets were $239.0 million and equity $224.8 million.
Related: GENC income statement, GENC cash flow statement, GENC key metrics. See the GENC stock overview for the latest quote and news.
GENC balance sheet FAQ
What are Gencor Industries's total assets?
Gencor Industries reported total assets of $222.6 million at the end of fiscal 2025 (September 30, 2025), compared with $208.1 million a year earlier.
How much debt does Gencor Industries have?
Gencor Industries had $0.3 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.00.
How much cash does Gencor Industries have?
Gencor Industries held $136.3 million in cash and short-term investments at the end of fiscal 2025; with $0.3 million of debt that is net cash of $136.0 million.
What is Gencor Industries's book value?
Gencor Industries's shareholders' equity (book value) was $211.8 million at the end of fiscal 2025, or $14.45 per share.
What is Gencor Industries's current ratio?
Gencor Industries had current assets of $206.5 million and current liabilities of $8.8 million, a current ratio of 23.44 (it can cover its short-term obligations).