GreenPower Motor Company Inc. (GP) Balance Sheet
GP balance sheet, FY2026
March 31, 2026 · U.S. dollars$30.7M assets = $29.1M liabilities + $1.5M equity
Both columns are drawn to the same scale: what GP owns equals what it owes plus shareholders’ equity. Hover a block for its value.
GP financial health
Descriptive bands, not a rating. Fiscal FY2026.
GP balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $4.5MFY2017 | $30.7MFY2026 | +23.7%/yr | |
| Total liabilities | $2.3MFY2017 | $29.1MFY2026 | +32.3%/yr | |
| Shareholders’ equity | $2.2MFY2017 | $1.5MFY2026 | −3.7%/yr | |
| Cash & short-term investments | $56,995FY2017 | $328,086FY2026 | +21.5%/yr | |
| Total debt | $1.1MFY2017 | $20.1MFY2026 | +38.5%/yr | |
| Net cash (debt) | −$1.0MFY2017 | −$19.8MFY2026 | −$18.8M | |
| Working capital | −$111FY2017 | $8.8MFY2026 | +$8.8M | |
| Current ratio | 1.00FY2017 | 1.53FY2026 | +0.53 | |
| Debt / equity | 0.49FY2017 | 13.01FY2026 | +12.51 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GP assets
GP liabilities and equity
GP debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
GP balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $328,086 | $344,244 | $1.2M | $600,802 | $884,784 | $15.1M | $299,696 | $198,920 | $1.0M | $56,995 |
| Cash & equivalents | $328,086 | $344,244 | $1.2M | $600,802 | $884,784 | $15.1M | $299,696 | $198,920 | $1.0M | $56,995 |
| Short-term investments | — | — | $1,187 | — | — | — | — | — | — | — |
| Receivables | $389,804 | $587,266 | $2.9M | $11.6M | $3.5M | $4.8M | $1.1M | $1.5M | $261,903 | $20,490 |
| Inventory | $23.8M | $25.6M | $32.0M | $41.6M | $32.3M | $12.5M | $6.6M | $5.2M | $3.2M | $1.2M |
| Other current assets | $769,790 | $1.2M | $748,362 | $328,804 | $6.5M | $626,649 | $173,992 | $59,503 | $68,462 | $32,435 |
| Total current assets | $25.3M | $27.8M | $36.9M | $54.2M | $43.1M | $32.9M | $8.1M | $6.9M | $4.6M | $1.3M |
| Property, plant & equipment (net) | $5.3M | $6.8M | $6.9M | $7.5M | $3.6M | $2.5M | $2.4M | $2.4M | $2.3M | $3.2M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | −$1.2M | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $87,267 | $506,520 | $1.5M | $1.9M | $3.0M | $4.2M | $3.9M | $2.6M | $578,144 | $47,042 |
| Total assets | $30.7M | $35.1M | $45.2M | $63.6M | $49.6M | $39.6M | $13.2M | $11.9M | $7.5M | $4.5M |
| Liabilities | ||||||||||
| Accounts payable | $2.9M | $2.8M | $2.9M | $7.3M | $1.5M | $1.2M | $950,041 | $692,455 | $394,138 | $580,849 |
| Short-term debt | $9.2M | $11.5M | $10.4M | $10.6M | $5.9M | $612,208 | $5.8M | $5.4M | $1.4M | $227,000 |
| Deferred revenue | $2.6M | $3.3M | $7.1M | $8.1M | $3.6M | $125,005 | $426,157 | $589,727 | $582,197 | $224,177 |
| Total current liabilities | $16.5M | $19.7M | $21.3M | $26.5M | $11.5M | $2.1M | $7.4M | $7.1M | $2.4M | $1.3M |
| Long-term debt | $6.2M | $2.8M | $2.4M | $608,751 | $0 | $365,278 | $6.0M | $4.1M | $2.8M | $1.0M |
| Lease obligations | $5.6M | $6.2M | $4.6M | $5.2M | $120,609 | $386,651 | $659,118 | $718,288 | — | — |
| Other long-term liabilities | $6.4M | $14.2M | $9.9M | $8.8M | $3.7M | $969,066 | $959,853 | $775,323 | $516,915 | $0 |
| Total liabilities | $29.1M | $36.7M | $33.6M | $35.9M | $15.2M | $3.5M | $14.4M | $12.0M | $5.7M | $2.3M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $86.5M | $80.5M | $76.4M | $75.6M | $70.8M | $61.2M | $16.9M | $13.0M | $12.7M | $12.1M |
| Retained earnings (deficit) | −$103.0M | −$97.4M | −$79.0M | −$60.8M | −$46.4M | −$31.6M | −$23.9M | −$18.7M | −$14.1M | −$11.3M |
| Accumulated other comprehensive income | $16.9M | $15.3M | $14.2M | $12.9M | $9.9M | $6.6M | $5.4M | $5.3M | $3.2M | $1.3M |
| Total shareholders' equity | $1.5M | −$1.6M | $11.6M | $27.7M | $34.4M | $36.2M | −$1.2M | −$85,636 | $1.8M | $2.2M |
| Key figures | ||||||||||
| Total debt | $20.1M | $19.9M | $16.8M | $15.1M | $5.9M | $1.1M | $12.2M | $10.1M | $4.2M | $1.1M |
| Net cash (debt) | −$19.8M | −$19.6M | −$15.6M | −$14.5M | −$5.0M | $14.0M | −$11.9M | −$9.9M | −$3.2M | −$1.0M |
| Working capital | $8.8M | $8.1M | $15.6M | $27.7M | $31.6M | $30.8M | $743,131 | −$155,176 | $2.2M | −$111 |
| Tangible book value | $1.5M | −$1.6M | $11.6M | $27.7M | $34.4M | $36.2M | $0 | −$85,636 | $1.8M | $2.2M |
| Book value per share | $0.44 | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 3.5M | — | — | — | — | — | — | — | — | — |
| Current ratio | 1.53 | 1.41 | 1.73 | 2.04 | 3.74 | 15.45 | 1.10 | 0.98 | 1.91 | 1.00 |
| Quick ratio | 0.04 | 0.05 | 0.19 | 0.46 | 0.38 | 9.31 | 0.18 | 0.24 | 0.53 | 0.06 |
| Debt / equity | 13.01 | — | 1.45 | 0.55 | 0.17 | 0.03 | — | — | 2.35 | 0.49 |
| Equity / assets | 5.0% | −4.6% | 25.6% | 43.5% | 69.3% | 91.2% | −8.9% | −0.7% | 23.7% | 48.2% |
| 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 | $17,556 | $328,086 | $675,950 | $510,595 | $248,184 | $344,244 | $621,086 | $116,908 | $528,281 | $4.0M | $3.9M | $2.0M |
| Cash & equivalents | $17,556 | $328,086 | $675,950 | $510,595 | $248,184 | $344,244 | $621,086 | $116,908 | $528,281 | $4.0M | $3.9M | $2.0M |
| Short-term investments | — | — | — | — | — | — | — | — | $78 | — | — | — |
| Receivables | $1.5M | $389,804 | $134,552 | $806,483 | $218,769 | $541,793 | $1.8M | $988,847 | $1.9M | $4.1M | $4.0M | $8.2M |
| Inventory | $24.2M | $23.8M | $23.6M | $23.7M | $25.0M | $25.6M | $28.2M | $31.7M | $33.7M | $32.9M | $32.7M | $35.3M |
| Other current assets | $444,799 | $769,790 | $228,406 | $511,026 | $1.1M | $1.3M | $1.0M | $383,869 | $558,884 | $1.0M | $1.0M | $1.4M |
| Total current assets | $26.1M | $25.3M | $24.7M | $25.6M | $26.5M | $27.8M | $31.6M | $33.2M | $36.7M | $41.9M | $41.7M | $46.9M |
| Property, plant & equipment (net) | $4.9M | $5.3M | $5.6M | $6.0M | $6.3M | $6.8M | $5.2M | $5.6M | $6.2M | $6.7M | $6.7M | $6.8M |
| 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 | $90,619 | $87,267 | $446,257 | $450,511 | $464,086 | $506,520 | $535,523 | $540,530 | $546,827 | $1.5M | $1.5M | $1.8M |
| Total assets | $31.2M | $30.7M | $30.8M | $32.0M | $33.3M | $35.1M | $37.4M | $39.4M | $43.5M | $50.2M | $49.9M | $55.4M |
| Liabilities | ||||||||||||
| Accounts payable | $4.0M | $2.9M | $3.9M | $3.6M | $4.0M | — | $2.7M | $2.2M | $3.2M | $2.2M | $2.2M | $3.7M |
| Short-term debt | $9.6M | $9.2M | $8.7M | $8.7M | $11.6M | — | $11.0M | $12.2M | $11.2M | $11.2M | $11.2M | $10.1M |
| Deferred revenue | $2.8M | $2.6M | $5.2M | $5.8M | $3.6M | — | $4.0M | $7.5M | $7.4M | $8.2M | $8.2M | $7.9M |
| Total current liabilities | $17.5M | $16.5M | $18.9M | $19.2M | $20.6M | $19.7M | $18.8M | $23.1M | $22.8M | $22.5M | $22.4M | $22.6M |
| Long-term debt | $4.3M | $6.2M | $8.3M | $7.3M | $4.0M | $2.8M | $2.7M | $2.5M | $2.4M | $2.4M | $607,623 | $607,936 |
| Lease obligations | $5.3M | $5.6M | $5.7M | $5.9M | $6.1M | $6.2M | $4.0M | $4.1M | $4.5M | $4.6M | $4.8M | $4.9M |
| Other long-term liabilities | $7.0M | $6.4M | $6.7M | $13.8M | $13.9M | $14.2M | $13.8M | $9.6M | $9.6M | $7.2M | $8.3M | $9.8M |
| Total liabilities | $28.9M | $29.1M | $33.9M | $40.3M | $38.5M | $36.7M | $35.2M | $35.2M | $34.9M | $32.1M | $31.3M | $33.0M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $90.9M | $86.5M | $82.0M | $80.9M | $80.7M | — | $80.5M | $78.1M | $78.1M | $76.3M | $75.9M | $76.2M |
| Retained earnings (deficit) | −$105.5M | −$103.0M | −$100.9M | −$105.0M | −$101.6M | −$97.4M | −$93.6M | −$89.0M | −$84.3M | −$72.5M | −$72.1M | −$67.8M |
| Accumulated other comprehensive income | $16.9M | $16.9M | $15.8M | $15.8M | $15.7M | — | $15.2M | $15.0M | $14.8M | $14.2M | $14.1M | $13.9M |
| Total shareholders' equity | $2.3M | $1.5M | −$3.2M | −$8.3M | −$5.2M | −$1.6M | $2.1M | $4.2M | $8.6M | $18.1M | $18.0M | $22.3M |
| Key figures | ||||||||||||
| Total debt | $19.3M | $20.1M | $26.9M | $21.2M | $21.0M | $2.8M | $17.4M | $18.5M | $17.6M | $15.9M | $15.9M | $14.9M |
| Net cash (debt) | −$19.3M | −$19.8M | −$26.2M | −$20.7M | −$20.7M | −$2.5M | −$16.8M | −$18.4M | −$17.1M | −$12.0M | −$11.9M | −$12.9M |
| Working capital | $8.6M | $8.8M | $5.8M | $6.3M | $6.0M | $8.1M | $12.8M | $10.1M | $13.9M | $19.4M | $19.3M | $24.2M |
| Tangible book value | $2.3M | $1.5M | −$3.2M | −$8.3M | −$5.2M | −$1.6M | $2.1M | $4.2M | $8.6M | $18.1M | $18.0M | $22.3M |
| Book value per share | $0.41 | $0.32 | — | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 5.7M | 4.8M | — | — | — | — | — | — | — | — | — | — |
| Current ratio | 1.49 | 1.53 | 1.30 | 1.33 | 1.29 | 1.41 | 1.68 | 1.44 | 1.61 | 1.86 | 1.86 | 2.07 |
| Quick ratio | 0.08 | 0.04 | 0.04 | 0.07 | 0.02 | 0.05 | 0.13 | 0.05 | 0.11 | 0.36 | 0.36 | 0.45 |
| Debt / equity | 8.34 | 13.01 | — | — | — | — | 8.14 | 4.46 | 2.04 | 0.88 | 0.88 | 0.67 |
| Equity / assets | 7.4% | 5.0% | −10.3% | −26.0% | −15.5% | −4.6% | 5.7% | 10.5% | 19.8% | 36.0% | 36.0% | 40.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed August 18, 2026); data from EODHD.
GP financial position
At the end of fiscal 2026 (March 31, 2026), GreenPower Motor had total assets of $30.7 million (down 12.5% from a year earlier), total liabilities of $29.1 million and shareholders' equity of $1.5 million. It held $0.3 million in cash and short-term investments against $20.1 million of debt, net debt of $19.8 million. Its current ratio was 1.53. In the latest quarter (ended June 30, 2026) total assets were $31.2 million and equity $2.3 million.
Related: GP income statement, GP cash flow statement, GP key metrics. See the GP stock overview for the latest quote and news.
GP balance sheet FAQ
What are GreenPower Motor's total assets?
GreenPower Motor reported total assets of $30.7 million at the end of fiscal 2026 (March 31, 2026), compared with $35.1 million a year earlier.
How much debt does GreenPower Motor have?
GreenPower Motor had $20.1 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 13.01.
How much cash does GreenPower Motor have?
GreenPower Motor held $0.3 million in cash and short-term investments at the end of fiscal 2026; with $20.1 million of debt that is net debt of $19.8 million.
What is GreenPower Motor's book value?
GreenPower Motor's shareholders' equity (book value) was $1.5 million at the end of fiscal 2026, or $0.44 per share.
What is GreenPower Motor's current ratio?
GreenPower Motor had current assets of $25.3 million and current liabilities of $16.5 million, a current ratio of 1.53 (it can cover its short-term obligations).