Hitek Global Inc. (HKIT) Balance Sheet
HKIT balance sheet, 2025
December 31, 2025 · U.S. dollars$42.6M assets = $6.6M liabilities + $36.0M equity
Both columns are drawn to the same scale: what HKIT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
HKIT financial health
Descriptive bands, not a rating. Fiscal 2025.
HKIT balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $4.6M2016 | $42.6M2025 | +28.1%/yr | |
| Total liabilities | $2.2M2016 | $6.6M2025 | +12.7%/yr | |
| Shareholders’ equity | $2.3M2016 | $36.0M2025 | +35.4%/yr | |
| Cash & short-term investments | $1.9M2016 | $21.7M2025 | +30.7%/yr | |
| Total debt | $655,1762016 | $2.6M2025 | +16.8%/yr | |
| Net cash (debt) | $1.3M2016 | $19.0M2025 | +$17.7M | |
| Working capital | $2.1M2016 | $35.8M2025 | +$33.8M | |
| Current ratio | 1.932016 | 8.232025 | +6.30 | |
| Debt / equity | 0.282016 | 0.072025 | −0.21 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
HKIT assets
HKIT liabilities and equity
HKIT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
HKIT balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $21.7M | $30.2M | $18.1M | $5.5M | $7.3M | $4.7M | $2.7M | $2.8M | $2.6M | $1.9M |
| Cash & equivalents | $3.6M | $7.2M | $9.3M | $1.2M | $2.1M | $1.9M | $776,220 | $739,615 | $867,570 | $215,064 |
| Short-term investments | $18.0M | $22.9M | $8.8M | $4.3M | $5.2M | $2.8M | $2.0M | $2.1M | $1.8M | $1.7M |
| Receivables | $18.8M | $2.8M | $6.1M | $4.8M | $3.1M | $3.9M | $4.0M | $1.9M | $2.0M | $1.2M |
| Inventory | $79,411 | $154,471 | $557,671 | $430,670 | $409,021 | $119,809 | $513,051 | $72,501 | $277,569 | $539,932 |
| Other current assets | $290,680 | $1.0M | $24,770 | $486,111 | $2.2M | $2.1M | $798,666 | $944,558 | $2.0M | $619,456 |
| Total current assets | $40.8M | $34.2M | $24.8M | $11.2M | $13.0M | $10.8M | $8.0M | $5.7M | $6.9M | $4.3M |
| Property, plant & equipment (net) | $475,189 | $744,941 | $406,639 | $129,608 | $156,761 | $504,203 | $847,949 | $1.2M | $252,907 | $262,788 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $1.0M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1.3M | $6.6M | $9.2M | $9.9M | $4.0M | $3.1M | $2.6M | $2.2M | $0 | $0 |
| Total assets | $42.6M | $41.5M | $35.4M | $21.2M | $17.1M | $14.4M | $11.5M | $9.2M | $7.1M | $4.6M |
| Liabilities | ||||||||||
| Accounts payable | $292,065 | $255,950 | $532,130 | $696,734 | $518,739 | $379,413 | $185,223 | $222,941 | $383,521 | $569,901 |
| Short-term debt | $2.6M | $479,498 | $496,468 | $509,820 | — | — | — | — | — | $655,176 |
| Deferred revenue | $73,059 | $66,754 | $171,376 | $977,054 | $784,530 | $752,286 | $763,191 | $795,344 | $877,607 | $785,879 |
| Total current liabilities | $5.0M | $2.6M | $3.4M | $4.2M | $2.8M | $2.4M | $2.0M | $1.9M | $2.0M | $2.2M |
| Long-term debt | $0 | $2.1M | $2.1M | $2.2M | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | $0 | $3,309 | $6,641 | $0 | — | — | — | — | — |
| Other long-term liabilities | $1.6M | $1.6M | $1.6M | $1.3M | $1.2M | $857,364 | $563,657 | $262,637 | $1.3M | $0 |
| Total liabilities | $6.6M | $6.3M | $7.1M | $7.7M | $4.0M | $3.2M | $2.5M | $2.2M | $2.0M | $2.2M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $2,930 | $2,930 | $1,439 | $1,099 | $1,099 | $1,099 | $1,099 | $1,099 | $1,099 | $1,099 |
| Retained earnings (deficit) | $10.7M | $10.5M | $11.4M | $10.3M | $9.0M | $7.4M | $5.7M | $3.8M | $1.9M | −$70,693 |
| Accumulated other comprehensive income | $416,122 | −$139,128 | $226,848 | $556,964 | $1.5M | $1.2M | $588,622 | $571,472 | $700,234 | $238,718 |
| Total shareholders' equity | $36.0M | $35.3M | $28.3M | $13.5M | $13.1M | $11.2M | $9.0M | $7.0M | $5.2M | $2.3M |
| Key figures | ||||||||||
| Total debt | $2.6M | $2.5M | $2.6M | $2.7M | — | — | — | — | $155,376 | $655,176 |
| Net cash (debt) | $19.0M | $27.6M | $15.5M | $2.8M | — | — | — | — | $2.5M | $1.3M |
| Working capital | $35.8M | $31.6M | $21.4M | $7.0M | $10.2M | $8.4M | $6.1M | $3.8M | $4.9M | $2.1M |
| Tangible book value | $36.0M | $35.3M | $28.3M | $13.5M | $13.1M | $11.2M | $9.0M | $7.0M | $5.2M | $2.3M |
| Current ratio | 8.23 | 13.08 | 7.35 | 2.66 | 4.65 | 4.53 | 4.08 | 2.99 | 3.52 | 1.93 |
| Quick ratio | 8.16 | 12.63 | 7.18 | 2.44 | 3.72 | 3.60 | 3.41 | 2.46 | 2.36 | 1.41 |
| Debt / equity | 0.07 | 0.07 | 0.09 | 0.20 | — | — | — | — | 0.03 | 0.28 |
| Equity / assets | 84.6% | 84.9% | 80.0% | 63.8% | 76.6% | 77.5% | 78.0% | 76.3% | 72.6% | 51.1% |
| Mar '26 | Dec '25 | Sep '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & short-term investments | $21.7M | $21.7M | $29.8M | $30.2M | $30.2M | $30.2M | $25.4M | $25.4M | $18.1M | $18.1M | $12.2M |
| Cash & equivalents | $3.6M | $3.6M | $8.2M | $7.2M | $7.2M | $7.2M | $7.2M | $7.2M | $9.3M | $9.3M | $5.5M |
| Short-term investments | $18.0M | $18.0M | $21.6M | $22.9M | $22.9M | $22.9M | $18.1M | $13.2M | $8.8M | $3.0M | $6.7M |
| Receivables | $18.8M | $5.4M | $2.1M | $2.8M | $2.8M | $1.4M | $10.7M | $1.9M | $6.1M | $2.1M | $9.1M |
| Inventory | $79,411 | $79,411 | $2.4M | $154,471 | $154,471 | $154,471 | $192,683 | $192,683 | $557,671 | $219,505 | $456,516 |
| Other current assets | $290,680 | $13.6M | $0 | $1.0M | $1.0M | $2.5M | $1.0M | $9.8M | $24,770 | $4.3M | $617,669 |
| Total current assets | $40.8M | $40.8M | $34.3M | $34.2M | $34.2M | $34.2M | $37.3M | $37.3M | $24.8M | $24.8M | $22.4M |
| Property, plant & equipment (net) | $475,189 | $475,189 | $611,466 | $744,941 | $744,941 | $744,941 | $946,354 | $946,354 | $406,639 | $406,639 | $240,195 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $1.0M | $0 | $1.0M | $0 | $5.0M |
| Other non-current assets | $1.3M | $1.3M | $7.3M | $6.6M | $6.6M | $6.6M | $4.3M | $5.3M | $9.2M | $10.2M | $5.6M |
| Total assets | $42.6M | $42.6M | $42.3M | $41.5M | $41.5M | $41.5M | $43.5M | $43.5M | $35.4M | $35.4M | $33.2M |
| Liabilities | |||||||||||
| Accounts payable | $292,065 | $292,065 | $209,181 | $255,950 | $255,950 | $255,950 | $599,806 | $599,806 | $532,130 | $532,130 | $559,573 |
| Short-term debt | $2.6M | — | $16,751 | $479,498 | $479,498 | $479,498 | $2.5M | $2.5M | $496,468 | $496,468 | $2.6M |
| Deferred revenue | $73,059 | — | $343,123 | $66,754 | $66,754 | $66,637 | $66,637 | $171,376 | $171,376 | $574,295 | $574,295 |
| Total current liabilities | $5.0M | $5.0M | $2.4M | $2.6M | $2.6M | $2.6M | $5.4M | $5.4M | $3.4M | $3.4M | $5.7M |
| Long-term debt | $0 | $0 | $0 | $0 | $2.1M | $0 | $0 | $0 | $2.1M | $0 | $0 |
| Lease obligations | — | — | — | — | $0 | — | $0 | — | $3,309 | — | $4,800 |
| Other long-term liabilities | $1.6M | $1.6M | $5.3M | $3.7M | $1.6M | $3.7M | $9.9M | $9.9M | $1.6M | $3.7M | $1.5M |
| Total liabilities | $6.6M | $6.6M | $7.7M | $6.3M | $6.3M | $6.3M | $15.4M | $15.4M | $7.1M | $7.1M | $7.2M |
| Shareholders' equity | |||||||||||
| Common stock & paid-in capital | $2,930 | — | $2,930 | $2,930 | $2,930 | $2,930 | $1,439 | $1,439 | $1,439 | $1,439 | $1,439 |
| Retained earnings (deficit) | $10.7M | $10.7M | $9.6M | $10.5M | $10.5M | $11.3M | $11.5M | $12.3M | $11.4M | $12.2M | $9.2M |
| Accumulated other comprehensive income | $416,122 | — | $97,291 | −$139,128 | −$139,128 | −$975,342 | −$87,861 | −$924,076 | $226,848 | −$609,367 | $59,619 |
| Total shareholders' equity | $36.0M | $36.0M | $34.6M | $35.3M | $35.3M | $35.3M | $28.1M | $28.1M | $28.3M | $28.3M | $26.0M |
| Key figures | |||||||||||
| Total debt | $2.6M | — | $2.6M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.6M | $2.6M | $2.6M |
| Net cash (debt) | $19.0M | — | $27.2M | $27.6M | $27.6M | $27.6M | $22.8M | $22.8M | $15.5M | $15.5M | $9.7M |
| Working capital | $35.8M | $35.8M | $31.9M | $31.6M | $31.6M | $31.6M | $31.9M | $31.9M | $21.4M | $21.4M | $16.7M |
| Tangible book value | $36.0M | $36.0M | $34.6M | $35.3M | $35.3M | $35.3M | $28.1M | $28.1M | $28.3M | $28.3M | $26.0M |
| Current ratio | 8.23 | 8.23 | 14.27 | 13.08 | 13.08 | 13.08 | 6.88 | 6.88 | 7.35 | 7.35 | 3.92 |
| Quick ratio | 8.16 | 5.46 | 13.26 | 12.63 | 12.63 | 12.07 | 6.65 | 5.03 | 7.18 | 6.01 | 3.73 |
| Debt / equity | 0.07 | — | 0.08 | 0.07 | 0.07 | 0.07 | 0.09 | 0.09 | 0.09 | 0.09 | 0.10 |
| Equity / assets | 84.6% | 84.6% | 81.8% | 84.9% | 84.9% | 84.9% | 64.7% | 64.7% | 80.0% | 80.0% | 78.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 24, 2026); data from EODHD.
HKIT financial position
At the end of fiscal 2025 (December 31, 2025), Hitek Global had total assets of $42.6 million (up 2.5% from a year earlier), total liabilities of $6.6 million and shareholders' equity of $36.0 million. It held $21.7 million in cash and short-term investments against $2.6 million of debt, a net cash position of $19.0 million. Its current ratio was 8.23. In the latest quarter (ended March 31, 2026) total assets were $42.6 million and equity $36.0 million.
Related: HKIT income statement, HKIT cash flow statement, HKIT key metrics. See the HKIT stock overview for the latest quote and news.
HKIT balance sheet FAQ
What are Hitek Global's total assets?
Hitek Global reported total assets of $42.6 million at the end of fiscal 2025 (December 31, 2025), compared with $41.5 million a year earlier.
How much debt does Hitek Global have?
Hitek Global had $2.6 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.07.
How much cash does Hitek Global have?
Hitek Global held $21.7 million in cash and short-term investments at the end of fiscal 2025; with $2.6 million of debt that is net cash of $19.0 million.
What is Hitek Global's book value?
Hitek Global's shareholders' equity (book value) was $36.0 million at the end of fiscal 2025.
What is Hitek Global's current ratio?
Hitek Global had current assets of $40.8 million and current liabilities of $5.0 million, a current ratio of 8.23 (it can cover its short-term obligations).