Global Interactive Technologies, Inc (GITS) Balance Sheet
GITS balance sheet, 2025
December 31, 2025 · U.S. dollars$4.4M assets = $933,389 liabilities + $3.4M equity
Both columns are drawn to the same scale: what GITS owns equals what it owes plus shareholders’ equity. Hover a block for its value.
GITS financial health
Descriptive bands, not a rating. Fiscal 2025.
GITS balance sheet trends, 2020–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $5.1M2020 | $4.4M2025 | −2.9%/yr | |
| Total liabilities | $14.3M2020 | $933,3892025 | −42.1%/yr | |
| Shareholders’ equity | −$9.2M2020 | $3.4M2025 | — | |
| Cash & short-term investments | $25,9352020 | $6,9902025 | −23.1%/yr | |
| Total debt | $14.1M2020 | $122,2762025 | −61.3%/yr | |
| Net cash (debt) | −$14.1M2020 | −$115,2862025 | +$14.0M | |
| Working capital | −$5.9M2020 | −$891,1132025 | +$5.0M | |
| Book value per share | −$3.502020 | $1.072025 | — | |
| Current ratio | 0.222020 | 0.052025 | −0.17 | |
| Debt / equity | 1.612021 | 0.042025 | −1.57 | |
| Shares outstanding | 2.6M2020 | 3.2M2025 | +4.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GITS assets
GITS liabilities and equity
GITS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
GITS balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & short-term investments | $6,990 | $2,352 | $69,688 | $118,262 | $330,448 | $25,935 |
| Cash & equivalents | $6,990 | $2,352 | $69,688 | $118,262 | $330,448 | $25,935 |
| Receivables | $35,286 | $635 | $131,828 | $2.4M | $775,215 | $15,942 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $20.2M | $629,585 | $362,438 | $1.6M |
| Total current assets | $42,276 | $2,987 | $20.4M | $3.1M | $1.5M | $1.6M |
| Property, plant & equipment (net) | $1.3M | $1.5M | $124,030 | $2.5M | $3.3M | $33,095 |
| Goodwill & intangible assets | $3.0M | $4.9M | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $1.7M | $3.4M |
| Other non-current assets | $38,717 | $0 | $0 | $502,478 | $1.8M | $46,232 |
| Total assets | $4.4M | $6.4M | $20.5M | $6.1M | $8.3M | $5.1M |
| Liabilities | ||||||
| Accounts payable | — | — | — | $371,183 | $404,312 | $0 |
| Short-term debt | $122,276 | $370,043 | $5.1M | $982,390 | $480,818 | $7.4M |
| Deferred revenue | — | — | — | — | $253,058 | — |
| Total current liabilities | $933,389 | $668,339 | $7.5M | $3.9M | $1.9M | $7.5M |
| Long-term debt | $0 | $0 | $0 | $3.6M | $3.8M | $6.7M |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 | $64,338 |
| Total liabilities | $933,389 | $668,339 | $7.5M | $7.4M | $5.7M | $14.3M |
| Shareholders' equity | ||||||
| Common stock & paid-in capital | $3,674 | $52,809 | $52,809 | $45,417 | $17.8M | $66,272 |
| Retained earnings (deficit) | −$42.5M | −$37.9M | −$38.9M | −$29.6M | −$23.4M | −$10.7M |
| Accumulated other comprehensive income | −$511,748 | −$666,470 | $493,942 | $879,420 | $646,197 | −$586,630 |
| Minority interest | — | $0 | $0 | −$236,166 | — | — |
| Total shareholders' equity | $3.4M | $5.7M | $13.1M | −$1.1M | $2.7M | −$9.2M |
| Key figures | ||||||
| Total debt | $122,276 | $370,043 | $5.1M | $4.5M | $4.3M | $14.1M |
| Net cash (debt) | −$115,286 | −$367,691 | −$5.0M | −$4.4M | −$3.9M | −$14.1M |
| Working capital | −$891,113 | −$665,352 | $12.9M | −$757,981 | −$454,483 | −$5.9M |
| Tangible book value | $413,644 | $796,084 | $13.1M | −$1.1M | $2.7M | −$9.2M |
| Book value per share | $1.07 | $2.17 | $5.18 | −$0.42 | $1.01 | −$3.50 |
| Shares outstanding | 3.2M | 2.6M | 2.5M | 2.6M | 2.6M | 2.6M |
| Current ratio | 0.05 | 0.00 | 2.73 | 0.80 | 0.76 | 0.22 |
| Quick ratio | 0.05 | 0.00 | 0.03 | 0.64 | 0.58 | 0.01 |
| Debt / equity | 0.04 | 0.06 | 0.39 | — | 1.61 | — |
| Equity / assets | 78.7% | 89.6% | 63.6% | −18.2% | 32.1% | −181.8% |
| 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 | $1.2M | $360 | $6,990 | $36,915 | $10,883 | $253 | $2,352 | $6,975 | $946 | $9,996 | $69,688 | $11.7M |
| Cash & equivalents | $1.2M | $360 | $6,990 | $36,915 | $10,883 | $253 | $2,352 | $6,975 | $946 | $9,996 | $69,688 | $11.7M |
| Receivables | $7,933 | $33,639 | $35,286 | $83,156 | $14,913 | $724 | $635 | $9.3M | $9.1M | $9.3M | $132,576 | $926,279 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $24,804 | $0 | $0 | $0 | $0 | $0 | $0 | $7.9M | $7.3M | $7.6M | $20.2M | $4.6M |
| Total current assets | $1.2M | $33,999 | $42,276 | $120,071 | $25,796 | $977 | $2,987 | $17.2M | $16.4M | $16.9M | $20.4M | $17.2M |
| Property, plant & equipment (net) | $1.1M | $1.2M | $1.3M | $1.4M | $1.5M | $1.4M | $1.5M | $2.0M | $2.0M | $2.2M | $124,030 | $2.8M |
| Goodwill & intangible assets | $2.7M | $2.8M | $3.0M | $4.4M | $4.8M | $4.7M | $4.9M | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $25,163 | $31,392 | $38,717 | $0 | $0 | $0 | $0 | $240,907 | $336,813 | $363,551 | $0 | $475,269 |
| Total assets | $4.9M | $4.1M | $4.4M | $5.9M | $6.3M | $6.1M | $6.4M | $19.4M | $18.8M | $19.5M | $20.5M | $20.4M |
| Liabilities | ||||||||||||
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | $570,643 |
| Short-term debt | $153,450 | $168,901 | $122,276 | $115,455 | $109,218 | $281,017 | $370,043 | $5.6M | $5.1M | $5.3M | $5.1M | $4.3M |
| Total current liabilities | $1.2M | $1.2M | $933,389 | $631,216 | $515,682 | $720,552 | $668,339 | $8.8M | $8.2M | $8.0M | $7.5M | $6.6M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $743,604 |
| Lease obligations | — | — | — | — | — | — | — | — | — | — | — | $60,345 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $31,820 |
| Total liabilities | $1.2M | $1.2M | $933,389 | $631,216 | $515,682 | $720,552 | $668,339 | $8.8M | $8.2M | $8.0M | $7.5M | $7.4M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $3,674 | $3,674 | $3,674 | $73,485 | $70,977 | $58,808 | $52,809 | $52,809 | $52,809 | $52,809 | $52,809 | $52,809 |
| Retained earnings (deficit) | −$43.9M | −$43.0M | −$42.5M | −$39.7M | −$39.1M | −$38.5M | −$37.9M | −$41.0M | −$40.5M | −$39.9M | −$38.9M | −$38.7M |
| Accumulated other comprehensive income | −$581,815 | −$506,044 | −$511,748 | −$385,825 | −$206,302 | −$652,865 | −$666,470 | $141,930 | −$398,914 | −$48,763 | $493,942 | $395,924 |
| Total shareholders' equity | $3.8M | $3.0M | $3.4M | $5.2M | $5.8M | $5.4M | $5.7M | $10.6M | $10.6M | $11.5M | $13.1M | $13.4M |
| Key figures | ||||||||||||
| Total debt | $153,450 | $168,901 | $122,276 | $115,455 | $109,218 | $281,017 | $370,043 | $5.6M | $5.1M | $5.3M | $5.1M | $5.0M |
| Net cash (debt) | $1.0M | −$168,541 | −$115,286 | −$78,540 | −$98,335 | −$280,764 | −$367,691 | −$5.6M | −$5.1M | −$5.3M | −$5.0M | $6.7M |
| Working capital | $32,014 | −$1.1M | −$891,113 | −$511,145 | −$489,886 | −$719,575 | −$665,352 | $8.4M | $8.2M | $8.9M | $12.9M | $10.6M |
| Tangible book value | $1.1M | $111,670 | $413,644 | $843,553 | $971,685 | $688,808 | $796,084 | $10.6M | $10.6M | $11.5M | $13.1M | $13.4M |
| Book value per share | $1.02 | $0.80 | $0.94 | $1.63 | $1.91 | $1.94 | $2.17 | $4.02 | $4.00 | $4.35 | $5.06 | $5.07 |
| Shares outstanding | 3.7M | 3.7M | 3.7M | 3.2M | 3.0M | 2.8M | 2.6M | 2.6M | 2.6M | 2.6M | 2.6M | 2.6M |
| Current ratio | 1.03 | 0.03 | 0.05 | 0.19 | 0.05 | 0.00 | 0.00 | 1.95 | 2.00 | 2.11 | 2.73 | 2.61 |
| Quick ratio | 1.01 | 0.03 | 0.05 | 0.19 | 0.05 | 0.00 | 0.00 | 1.05 | 1.11 | 1.16 | 0.03 | 1.92 |
| Debt / equity | 0.04 | 0.06 | 0.04 | 0.02 | 0.02 | 0.05 | 0.06 | 0.53 | 0.49 | 0.46 | 0.39 | 0.38 |
| Equity / assets | 76.5% | 71.7% | 78.7% | 89.3% | 91.8% | 88.2% | 89.6% | 54.7% | 56.3% | 58.9% | 63.6% | 65.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed May 26, 2026); data from EODHD.
GITS financial position
At the end of fiscal 2025 (December 31, 2025), Global Interactive Technologies had total assets of $4.4 million (down 31.7% from a year earlier), total liabilities of $0.9 million and shareholders' equity of $3.4 million. It held $0.0 million in cash and short-term investments against $0.1 million of debt, net debt of $0.1 million. Its current ratio was 0.05. In the latest quarter (ended June 30, 2026) total assets were $4.9 million and equity $3.8 million.
Related: GITS income statement, GITS cash flow statement, GITS key metrics. See the GITS stock overview for the latest quote and news.
GITS balance sheet FAQ
What are Global Interactive Technologies's total assets?
Global Interactive Technologies reported total assets of $4.4 million at the end of fiscal 2025 (December 31, 2025), compared with $6.4 million a year earlier.
How much debt does Global Interactive Technologies have?
Global Interactive Technologies had $0.1 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.04.
How much cash does Global Interactive Technologies have?
Global Interactive Technologies held $0.0 million in cash and short-term investments at the end of fiscal 2025; with $0.1 million of debt that is net debt of $0.1 million.
What is Global Interactive Technologies's book value?
Global Interactive Technologies's shareholders' equity (book value) was $3.4 million at the end of fiscal 2025, or $1.07 per share.
What is Global Interactive Technologies's current ratio?
Global Interactive Technologies had current assets of $0.0 million and current liabilities of $0.9 million, a current ratio of 0.05 (current liabilities exceed current assets).
How much goodwill does Global Interactive Technologies have?
Global Interactive Technologies carried $3.0 million of goodwill and intangible assets, 69.2% of total assets, at the end of fiscal 2025.