HomesToLife Ltd (HTLM) Balance Sheet

NASDAQ: HTLMAssets, liabilities, debt and equity over 3 years.

HTLM balance sheet, 2025

December 31, 2025 · U.S. dollars

$108.2M assets = $86.6M liabilities + $21.6M equity

Both columns are drawn to the same scale: what HTLM owns equals what it owes plus shareholders’ equity. Hover a block for its value.

HTLM financial health

Current ratio1.19

Adequate · current assets cover current liabilities 1.19×

Debt / equity0.64

Moderate leverage · $0.64 of debt for each $1 of equity

Equity / assets20.0%

Balanced · of assets funded by shareholders

Cash / debt152.5%

Cash covers debt · cash & short-term investments vs total debt

Goodwill & intangibles0.0%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

HTLM balance sheet trends, 2023–2025

HomesToLife Ltd balance sheet trends
Metric	Then	Latest	Change
Total assets	$7.1M2023	$108.2M2025	+290.0%/yr
Total liabilities	$5.5M2023	$86.6M2025	+296.1%/yr
Shareholders’ equity	$1.6M2023	$21.6M2025	+268.0%/yr
Cash & short-term investments	$1.4M2023	$21.2M2025	+294.0%/yr
Total debt	$3.4M2023	$13.9M2025	+103.3%/yr
Net cash (debt)	−$2.0M2023	$7.3M2025	+$9.3M
Working capital	$486,3442023	$15.9M2025	+$15.4M
Current ratio	1.152023	1.192025	+0.05
Debt / equity	2.112023	0.642025	−1.46

Change is the average annual growth (CAGR) or the difference between the first and latest year.

HTLM assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

HTLM liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

HTLM debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

HTLM balance sheet

HomesToLife Ltd annual balance sheet
	2025	2024	2023
Assets
Cash & short-term investments	$21.2M	$3.4M	$1.4M
Cash & equivalents	$21.2M	$3.4M	$1.4M
Receivables	$64.6M	$1.1M	$1.7M
Inventory	$7.5M	$601,900	$674,529
Other current assets	$4.6M	$100	$0
Total current assets	$97.8M	$5.1M	$3.8M
Property, plant & equipment (net)	$9.1M	$3.5M	$3.3M
Goodwill & intangible assets	$0	$0	$0
Long-term investments	$0	$0	$0
Other non-current assets	$1.3M	$0	$0
Total assets	$108.2M	$8.6M	$7.1M
Liabilities
Accounts payable	$61.7M	$267,792	$993,547
Short-term debt	$9.6M	$1.4M	$1.2M
Deferred revenue	—	$696,538	$846,937
Total current liabilities	$81.9M	$2.9M	$3.3M
Long-term debt	$0	$0	$0
Lease obligations	$7.5M	$3.6M	$4.4M
Other long-term liabilities	$4.7M	$2.3M	$2.2M
Total liabilities	$86.6M	$5.2M	$5.5M
Shareholders' equity
Common stock & paid-in capital	$6,974	$1,469	$1,325
Retained earnings (deficit)	$2.1M	−$25.4M	−$23.7M
Accumulated other comprehensive income	−$9.4M	−$3.4M	−$3.4M
Total shareholders' equity	$21.6M	$3.4M	$1.6M
Key figures
Total debt	$13.9M	$3.6M	$3.4M
Net cash (debt)	$7.3M	−$171,000	−$2.0M
Working capital	$15.9M	$2.2M	$486,344
Tangible book value	$21.6M	$3.4M	$1.6M
Book value per share	$0.24	—	—
Shares outstanding	89.7M	—	—
Current ratio	1.19	1.78	1.15
Quick ratio	1.05	1.57	0.94
Debt / equity	0.64	1.05	2.11
Equity / assets	20.0%	40.0%	22.5%

HomesToLife Ltd quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Dec '23
Assets
Cash & short-term investments	$14.0M	$20.6M	$21.2M	$21.8M	$20.1M	$3.9M	$24.9M	$738,496	$544,895	$1.8M
Cash & equivalents	$14.0M	$20.6M	$21.2M	$21.8M	$20.1M	$3.9M	$24.9M	$738,496	$544,895	$1.8M
Short-term investments	—	—	—	$7.0M	$7.2M	—	—	—	—	—
Receivables	$57.8M	$53.0M	$64.6M	$77.6M	$83.8M	$4.4M	$66.9M	$1.6M	$175,663	$2.3M
Inventory	$7.8M	$8.4M	$7.5M	$12.2M	$10.6M	$544,689	$8.0M	$1.1M	$817,820	$892,586
Other current assets	$5.2M	$7.3M	$4.6M	$0	$0	$0	$8.0M	$1.0M	$1.8M	$2
Total current assets	$84.9M	$89.3M	$97.8M	$111.5M	$114.5M	$8.9M	$107.8M	$4.5M	$3.3M	$5.0M
Property, plant & equipment (net)	$10.4M	$8.8M	$9.1M	$10.3M	$11.8M	$3.2M	$10.4M	$5.7M	$4.2M	$4.4M
Goodwill & intangible assets	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Long-term investments	$0	$1.0M	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$1.4M	$304,920	$1.3M	$681,779	$786,384	$0	$636,581	$1,358	$0	$0
Total assets	$96.6M	$99.4M	$108.2M	$122.5M	$127.1M	$12.1M	$118.8M	$10.2M	$7.5M	$9.4M
Liabilities
Accounts payable	$52.8M	$53.8M	$61.7M	$66.8M	$58.1M	$4.0M	$75.4M	$471,056	$347,567	$1.3M
Short-term debt	$7.4M	$4.5M	$9.6M	$12.1M	$26.0M	$2.4M	—	$1.8M	—	$1.6M
Deferred revenue	—	—	—	$1.3M	$1.2M	$733,145	—	$1.2M	—	$1.1M
Total current liabilities	$70.7M	$71.3M	$81.9M	$92.8M	$99.3M	$6.5M	$102.9M	$4.6M	$3.4M	$4.4M
Long-term debt	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Lease obligations	—	$7.3M	$7.5M	$6.4M	$7.6M	$3.3M	$7.0M	—	$4.2M	$3.4M
Other long-term liabilities	$4.5M	$4.3M	$4.7M	$4.8M	$5.6M	$2.0M	$5.1M	$4.1M	$3.0M	$2.9M
Total liabilities	$75.2M	$75.6M	$86.6M	$97.6M	$105.0M	$8.5M	$108.1M	$8.7M	$6.4M	$7.3M
Shareholders' equity
Common stock & paid-in capital	$6,934	$6,951	$6,974	$8,969	$8,969	$1,469	—	$1,744	—	$1,753
Retained earnings (deficit)	$2.3M	$4.7M	$2.1M	−$631,498	−$3.8M	−$25.2M	−$13.8M	−$32.6M	−$24.1M	−$31.4M
Accumulated other comprehensive income	−$9.7M	−$9.6M	−$9.4M	−$11.7M	−$11.3M	−$3.4M	—	−$4.7M	—	−$4.5M
Total shareholders' equity	$21.4M	$23.9M	$21.6M	$24.9M	$22.1M	$3.6M	$10.7M	$1.5M	$1.1M	$2.1M
Key figures
Total debt	$11.6M	$8.5M	$13.9M	$16.5M	$31.3M	$4.3M	—	$5.8M	—	$4.5M
Net cash (debt)	$2.4M	$12.1M	$7.3M	$5.2M	−$11.2M	−$405,252	—	−$5.0M	—	−$2.6M
Working capital	$14.2M	$18.0M	$15.9M	$18.7M	$15.2M	$2.4M	$4.9M	−$168,710	−$124,284	$643,567
Tangible book value	$21.4M	$23.9M	$21.6M	$24.9M	$22.1M	$3.6M	$10.7M	$1.5M	$1.1M	$2.1M
Book value per share	$0.24	$0.27	$0.24	—	—	—	—	—	—	—
Shares outstanding	89.7M	89.7M	89.7M	—	—	—	—	—	—	—
Current ratio	1.20	1.25	1.19	1.20	1.15	1.37	1.05	0.96	0.96	1.15
Quick ratio	1.02	1.03	1.05	1.07	1.05	1.28	0.89	0.50	0.21	0.94
Debt / equity	0.54	0.36	0.64	0.66	1.42	1.21	—	3.88	—	2.11
Equity / assets	22.1%	24.0%	20.0%	20.3%	17.4%	29.6%	9.0%	14.6%	14.6%	22.5%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 23, 2026); data from EODHD.

HTLM financial position

At the end of fiscal 2025 (December 31, 2025), HomesToLife had total assets of $108.2 million (up 1,155.9% from a year earlier), total liabilities of $86.6 million and shareholders' equity of $21.6 million. It held $21.2 million in cash and short-term investments against $13.9 million of debt, a net cash position of $7.3 million. Its current ratio was 1.19. In the latest quarter (ended June 30, 2026) total assets were $96.6 million and equity $21.4 million.

Related: HTLM income statement, HTLM cash flow statement, HTLM key metrics. See the HTLM stock overview for the latest quote and news.

HTLM balance sheet FAQ

What are HomesToLife's total assets?

HomesToLife reported total assets of $108.2 million at the end of fiscal 2025 (December 31, 2025), compared with $8.6 million a year earlier.

How much debt does HomesToLife have?

HomesToLife had $13.9 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.64.

How much cash does HomesToLife have?

HomesToLife held $21.2 million in cash and short-term investments at the end of fiscal 2025; with $13.9 million of debt that is net cash of $7.3 million.

What is HomesToLife's book value?

HomesToLife's shareholders' equity (book value) was $21.6 million at the end of fiscal 2025, or $0.24 per share.

What is HomesToLife's current ratio?

HomesToLife had current assets of $97.8 million and current liabilities of $81.9 million, a current ratio of 1.19 (it can cover its short-term obligations).