Galaxy Payroll Group Limited (GLXG) Balance Sheet
GLXG balance sheet, FY2025
June 30, 2025 · U.S. dollars$5.0M assets = $1.5M liabilities + $3.5M equity
Both columns are drawn to the same scale: what GLXG owns equals what it owes plus shareholders’ equity. Hover a block for its value.
GLXG financial health
Descriptive bands, not a rating. Fiscal FY2025.
GLXG balance sheet trends, FY2020–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $28.6MFY2020 | $5.0MFY2025 | −44.2%/yr | |
| Total liabilities | $23.4MFY2020 | $1.5MFY2025 | −59.7%/yr | |
| Shareholders’ equity | $5.2MFY2020 | $3.5MFY2025 | −12.8%/yr | |
| Cash & short-term investments | $19.2MFY2020 | $4.1MFY2025 | −40.2%/yr | |
| Total debt | $6.5MFY2020 | $157,560FY2025 | −71.0%/yr | |
| Net cash (debt) | $12.7MFY2020 | $3.9MFY2025 | −$8.8M | |
| Working capital | $5.7MFY2020 | $3.3MFY2025 | −$2.4M | |
| Book value per share | $3.25FY2020 | $1.91FY2025 | −16.2%/yr | |
| Current ratio | 1.28FY2020 | 3.21FY2025 | +1.93 | |
| Debt / equity | 1.24FY2020 | 0.05FY2025 | −1.20 | |
| Shares outstanding | 1.6MFY2020 | 1.8MFY2025 | +4.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GLXG assets
GLXG liabilities and equity
GLXG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
GLXG balance sheet
| FY2025 | FY2023 | FY2022 | FY2020 | |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | $4.1M | $16.4M | $13.0M | $19.2M |
| Cash & equivalents | $4.1M | $16.4M | $13.0M | $19.2M |
| Receivables | $511,292 | $3.7M | $10.8M | $4.4M |
| Inventory | $0 | $0 | $0 | $0 |
| Other current assets | $196,502 | $4.0M | $2.9M | $2.4M |
| Total current assets | $4.8M | $24.2M | $26.6M | $26.0M |
| Property, plant & equipment (net) | $177,074 | $1.2M | $2.5M | $2.1M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $4.9M | $3.7M | $502,808 |
| Total assets | $5.0M | $30.3M | $32.8M | $28.6M |
| Liabilities | ||||
| Accounts payable | $6,193 | $66,076 | $105,091 | $132,020 |
| Short-term debt | $120,472 | $3.0M | $4.0M | $3.3M |
| Deferred revenue | $3,591 | $4.9M | $4.4M | — |
| Total current liabilities | $1.5M | $19.9M | $16.6M | $20.2M |
| Long-term debt | $0 | $0 | $0 | $0 |
| Lease obligations | — | $960,101 | $2.1M | — |
| Other long-term liabilities | $37,080 | $0 | $990,964 | $3.2M |
| Total liabilities | $1.5M | $19.9M | $17.6M | $23.4M |
| Shareholders' equity | ||||
| Common stock & paid-in capital | $13,398 | $77,630 | $77,630 | $77,630 |
| Retained earnings (deficit) | −$2.7M | $10.3M | $15.1M | $5.2M |
| Accumulated other comprehensive income | −$12,049 | $41,148 | $86,731 | −$162,068 |
| Total shareholders' equity | $3.5M | $10.3M | $15.2M | $5.2M |
| Key figures | ||||
| Total debt | $157,560 | $3.0M | $5.0M | $6.5M |
| Net cash (debt) | $3.9M | $13.5M | $7.9M | $12.7M |
| Working capital | $3.3M | $4.2M | $10.1M | $5.7M |
| Tangible book value | $3.5M | $10.3M | $15.2M | $5.2M |
| Book value per share | $1.91 | $5.83 | $8.56 | $3.25 |
| Shares outstanding | 1.8M | 1.8M | 1.8M | 1.6M |
| Current ratio | 3.21 | 1.21 | 1.61 | 1.28 |
| Quick ratio | 3.08 | 1.01 | 1.43 | 1.17 |
| Debt / equity | 0.05 | 0.29 | 0.33 | 1.24 |
| Equity / assets | 69.2% | 34.2% | 46.4% | 18.2% |
| Mar '26 | Sep '25 | Mar '25 | Sep '24 | Mar '24 | Sep '23 | Mar '23 | |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & short-term investments | $4.3M | $33.2M | $32.2M | $32.6M | $10.9M | $7.4M | $16.4M |
| Cash & equivalents | $4.3M | $33.2M | $32.2M | $32.6M | $10.9M | $7.4M | $16.4M |
| Receivables | $589,597 | $3.5M | $3.6M | $2.8M | $2.6M | $3.0M | $2.3M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $670,577 | $6.3M | $2.0M | $20.4M | $2.8M | $4.7M | $5.5M |
| Total current assets | $5.5M | $43.0M | $37.7M | $55.8M | $16.2M | $15.1M | $24.2M |
| Property, plant & equipment (net) | $127,582 | $993,150 | $1.4M | $2.0M | $2.5M | $665,290 | $1.2M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $8 | $0 | $0 | $502,808 | $7.8M | $5.9M | $4.9M |
| Total assets | $5.7M | $44.0M | $39.1M | $58.3M | $26.6M | $21.6M | $30.3M |
| Liabilities | |||||||
| Accounts payable | $9,420 | $73,325 | $48,622 | $56,835 | $41,823 | $55,972 | $66,076 |
| Short-term debt | $746,610 | $661,615 | $945,801 | $1.1M | $1.1M | $421,315 | $3.0M |
| Deferred revenue | $7.6M | $3,591 | — | $4.4M | — | — | — |
| Total current liabilities | $2.3M | $18.0M | $11.7M | $10.7M | $18.9M | $18.5M | $19.9M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $24,507 | $190,765 | $291,151 | $691,509 | $1.2M | $0 | $0 |
| Total liabilities | $2.3M | $18.2M | $12.0M | $11.4M | $20.1M | $18.5M | $19.9M |
| Shareholders' equity | |||||||
| Common stock & paid-in capital | $13,519 | $105,244 | $105,244 | $87,682 | $77,630 | $77,630 | $77,630 |
| Retained earnings (deficit) | −$2.9M | −$22.3M | −$21.2M | −$1.5M | $6.4M | $3.0M | $10.3M |
| Accumulated other comprehensive income | −$36,972 | −$304,294 | −$112,167 | −$76,220 | −$23,277 | −$29,240 | −$36,481 |
| Total shareholders' equity | $3.3M | $25.8M | $27.1M | $46.8M | $6.5M | $3.1M | $10.3M |
| Key figures | |||||||
| Total debt | $109,502 | $852,380 | $1.2M | $1.8M | $2.3M | $421,315 | $3.0M |
| Net cash (debt) | $4.2M | $32.3M | $31.0M | $30.8M | $8.5M | $7.0M | $13.5M |
| Working capital | $3.2M | $25.0M | $26.0M | $45.1M | −$2.7M | −$3.4M | $4.2M |
| Tangible book value | $3.3M | $25.8M | $27.1M | $46.8M | $6.5M | $3.1M | $10.3M |
| Book value per share | $1.63 | $12.71 | $14.29 | $27.31 | $4.05 | $1.93 | $6.46 |
| Shares outstanding | 2.0M | 2.0M | 1.9M | 1.7M | 1.6M | 1.6M | 1.6M |
| Current ratio | 2.39 | 2.39 | 3.21 | 5.20 | 0.86 | 0.82 | 1.21 |
| Quick ratio | 2.10 | 2.04 | 3.05 | 3.30 | 0.71 | 0.56 | 0.94 |
| Debt / equity | 0.03 | 0.03 | 0.05 | 0.04 | 0.36 | 0.14 | 0.29 |
| Equity / assets | 58.7% | 58.7% | 69.2% | 80.4% | 24.4% | 14.3% | 34.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed October 24, 2025); data from EODHD.
GLXG financial position
At the end of fiscal 2025 (June 30, 2025), Galaxy Payroll had total assets of $5.0 million (down 83.5% from a year earlier), total liabilities of $1.5 million and shareholders' equity of $3.5 million. It held $4.1 million in cash and short-term investments against $0.2 million of debt, a net cash position of $3.9 million. Its current ratio was 3.21. In the latest quarter (ended March 31, 2026) total assets were $5.7 million and equity $3.3 million.
Related: GLXG income statement, GLXG cash flow statement, GLXG key metrics. See the GLXG stock overview for the latest quote and news.
GLXG balance sheet FAQ
What are Galaxy Payroll's total assets?
Galaxy Payroll reported total assets of $5.0 million at the end of fiscal 2025 (June 30, 2025), compared with $30.3 million a year earlier.
How much debt does Galaxy Payroll have?
Galaxy Payroll had $0.2 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.05.
How much cash does Galaxy Payroll have?
Galaxy Payroll held $4.1 million in cash and short-term investments at the end of fiscal 2025; with $0.2 million of debt that is net cash of $3.9 million.
What is Galaxy Payroll's book value?
Galaxy Payroll's shareholders' equity (book value) was $3.5 million at the end of fiscal 2025, or $1.91 per share.
What is Galaxy Payroll's current ratio?
Galaxy Payroll had current assets of $4.8 million and current liabilities of $1.5 million, a current ratio of 3.21 (it can cover its short-term obligations).