Innovation Beverage Group Limited (IBG) Balance Sheet
IBG balance sheet, 2025
December 31, 2025 · U.S. dollars$1.3M assets = $2.8M liabilities + −$1.5M equity
Liabilities exceed assets: shareholders’ equity is negative (−$1.5M).
Both columns are drawn to the same scale: what IBG owns equals what it owes plus shareholders’ equity. Hover a block for its value.
IBG financial health
Descriptive bands, not a rating. Fiscal 2025.
IBG balance sheet trends, 2020–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $3.5M2020 | $1.3M2025 | −17.9%/yr | |
| Total liabilities | $2.0M2020 | $2.8M2025 | +6.7%/yr | |
| Shareholders’ equity | $1.5M2020 | −$1.5M2025 | — | |
| Cash & short-term investments | $403,4862020 | $127,7562025 | −20.5%/yr | |
| Total debt | $758,9812020 | $605,9502024 | −5.5%/yr | |
| Net cash (debt) | −$355,4952020 | $13,9942024 | +$369,489 | |
| Working capital | −$709,6602020 | −$2.0M2025 | −$1.3M | |
| Current ratio | 0.552020 | 0.272025 | −0.28 | |
| Debt / equity | 0.522020 | 0.232024 | −0.29 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
IBG assets
IBG liabilities and equity
IBG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
IBG balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & short-term investments | $127,756 | $619,944 | $14,140 | $91,986 | $1.6M | $403,486 |
| Cash & equivalents | $127,756 | $619,944 | $14,140 | $91,986 | $1.6M | $403,486 |
| Receivables | $49,112 | $14,676 | $455,043 | $1.6M | $995,666 | $15,036 |
| Inventory | $383,709 | $1.1M | $989,592 | $1.4M | $1.1M | $428,449 |
| Other current assets | $161,417 | $837,182 | $610,172 | $260,733 | $180,133 | $11,564 |
| Total current assets | $721,994 | $2.6M | $2.1M | $3.4M | $3.8M | $858,535 |
| Property, plant & equipment (net) | $173,885 | $322,439 | $203,692 | $371,575 | $549,652 | $637,893 |
| Goodwill & intangible assets | $356,475 | $339,032 | $371,634 | $392,488 | $1.4M | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $35,056 | $1.7M | $2.3M | $423,604 | $784,784 | $2.0M |
| Total assets | $1.3M | $5.0M | $4.9M | $4.6M | $6.5M | $3.5M |
| Liabilities | ||||||
| Accounts payable | $1.4M | $1.9M | $3.9M | $3.7M | $2.2M | $1.4M |
| Short-term debt | — | $565,841 | $1.7M | $1.7M | $874,709 | $348,533 |
| Deferred revenue | — | — | $161,038 | $159,508 | $170,832 | — |
| Total current liabilities | $2.7M | $2.3M | $4.3M | $4.1M | $2.6M | $1.6M |
| Long-term debt | $0 | $0 | $0 | $47,258 | $0 | $0 |
| Lease obligations | $66,801 | $184,354 | $63,581 | $222,986 | $415,425 | $561,204 |
| Other long-term liabilities | $41,099 | $57,798 | $45,850 | $88,189 | $267,016 | $422,449 |
| Total liabilities | $2.8M | $2.3M | $4.3M | $4.3M | $2.8M | $2.0M |
| Shareholders' equity | ||||||
| Common stock & paid-in capital | — | $11.6M | $7.0M | $4.6M | $3.9M | $420 |
| Retained earnings (deficit) | −$17.3M | −$8.8M | −$6.2M | −$4.2M | −$203,035 | $1.4M |
| Accumulated other comprehensive income | — | −$204,718 | −$158,650 | −$112,934 | −$44,441 | $103,073 |
| Total shareholders' equity | −$1.5M | $2.6M | $608,470 | $295,700 | $3.7M | $1.5M |
| Key figures | ||||||
| Total debt | — | $605,950 | $1.7M | $1.8M | $1.1M | $758,981 |
| Net cash (debt) | — | $13,994 | −$1.6M | −$1.7M | $435,684 | −$355,495 |
| Working capital | −$2.0M | $309,836 | −$2.2M | −$756,520 | $1.3M | −$709,660 |
| Tangible book value | −$1.8M | $2.3M | $236,836 | −$96,788 | $2.3M | $1.5M |
| Current ratio | 0.27 | 1.14 | 0.48 | 0.82 | 1.49 | 0.55 |
| Quick ratio | 0.07 | 0.28 | 0.11 | 0.41 | 1.00 | 0.27 |
| Debt / equity | — | 0.23 | 2.73 | 6.03 | 0.30 | 0.52 |
| Equity / assets | −114.2% | 52.9% | 12.3% | 6.5% | 56.7% | 42.4% |
| Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | Sep '22 | Jun '22 | Mar '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $127,756 | $127,756 | $188,393 | $188,393 | $14,140 | $14,140 | $36,223 | $36,223 | $91,986 | $91,986 | $70,244 | $70,244 |
| Cash & equivalents | $127,756 | $127,756 | $188,393 | $188,393 | $14,140 | $14,140 | $36,223 | $36,223 | $91,986 | $91,986 | $70,244 | $70,244 |
| Receivables | $49,112 | $49,112 | $10,615 | $10,615 | $455,043 | $293,681 | $1.1M | $1.1M | $1.6M | $950,895 | $1.0M | $1.0M |
| Inventory | $461,642 | $461,642 | $1.1M | $1.1M | $989,592 | $989,592 | $1.3M | $1.3M | $1.4M | $1.4M | $1.4M | $1.4M |
| Other current assets | $83,484 | $83,484 | $431,066 | $431,066 | $610,172 | $771,534 | $937,249 | $937,249 | $260,733 | $920,547 | $243,048 | $243,048 |
| Total current assets | $721,994 | $721,994 | $1.7M | $1.7M | $2.1M | $2.1M | $3.4M | $3.4M | $3.4M | $3.4M | $2.8M | $2.8M |
| Property, plant & equipment (net) | $173,885 | $173,885 | $239,044 | $239,044 | $203,692 | $203,692 | $267,989 | $267,989 | $371,575 | $371,575 | $459,642 | $459,642 |
| Goodwill & intangible assets | $356,475 | $356,475 | $621,755 | $621,755 | $371,634 | $371,634 | $378,706 | $378,706 | $392,488 | $392,488 | $1.4M | $1.4M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $2.3M | $35,056 | $1.9M | $1.9M | $2.3M | $2.3M | $414,622 | $414,622 | $423,604 | $423,604 | $836,550 | $836,550 |
| Total assets | $3.6M | $1.3M | $4.5M | $4.5M | $4.9M | $4.9M | $4.4M | $4.4M | $4.6M | $4.6M | $5.4M | $5.4M |
| Liabilities | ||||||||||||
| Accounts payable | $1.9M | $1.4M | $1.7M | $1.1M | $3.9M | $2.3M | $3.7M | $2.3M | $3.7M | $2.1M | $2.6M | $2.0M |
| Short-term debt | $819,206 | $819,206 | $123,156 | $719,058 | $1.7M | $1.7M | $1.6M | $1.6M | $1.7M | $1.7M | $791,916 | $791,916 |
| Deferred revenue | — | — | — | — | $161,038 | — | $156,094 | — | $159,508 | — | $162,192 | — |
| Total current liabilities | $2.7M | $2.7M | $1.8M | $1.8M | $4.3M | $4.3M | $4.2M | $4.2M | $4.1M | $4.1M | $2.9M | $2.9M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $30,471 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $66,801 | — | $123,156 | — | $63,581 | — | $143,332 | — | — | — | — | — |
| Other long-term liabilities | $2.3M | $41,099 | $13,756 | $13,756 | $45,850 | $45,850 | $27,076 | $57,547 | $135,447 | $135,447 | $171,898 | $171,898 |
| Total liabilities | $5.1M | $2.8M | $1.9M | $1.9M | $4.3M | $4.3M | $4.2M | $4.2M | $4.3M | $4.3M | $3.1M | $3.1M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $16.2M | $16.2M | $12.8M | $12.8M | $7.0M | $7.0M | $5.0M | $5.0M | $4.6M | $4.6M | $4.7M | $4.7M |
| Retained earnings (deficit) | −$17.3M | −$17.3M | −$10.0M | −$10.0M | −$6.2M | −$6.2M | −$4.9M | −$4.9M | −$4.2M | −$4.2M | −$2.2M | −$2.2M |
| Accumulated other comprehensive income | −$346,689 | −$346,688 | −$112,448 | −$112,447 | −$158,650 | −$158,650 | $100,906 | $100,906 | −$112,934 | −$112,934 | −$153,885 | −$153,885 |
| Total shareholders' equity | −$1.5M | −$1.5M | $2.7M | $2.7M | $608,470 | $608,470 | $219,952 | $219,952 | $295,700 | $295,700 | $2.3M | $2.3M |
| Key figures | ||||||||||||
| Total debt | $843,854 | $843,854 | $123,156 | $719,058 | $1.7M | $1.7M | $1.6M | $1.6M | $1.8M | $1.8M | $942,127 | $942,127 |
| Net cash (debt) | −$716,098 | −$716,098 | $65,237 | −$530,665 | −$1.6M | −$1.6M | −$1.6M | −$1.6M | −$1.7M | −$1.7M | −$871,883 | −$871,883 |
| Working capital | −$2.0M | −$2.0M | −$98,287 | −$98,287 | −$2.2M | −$2.2M | −$783,818 | −$783,818 | −$756,520 | −$756,520 | −$150,950 | −$150,950 |
| Tangible book value | −$1.8M | −$1.8M | $2.1M | $2.1M | $236,836 | $236,836 | −$158,754 | −$158,754 | −$96,788 | −$96,788 | $973,344 | $973,344 |
| Book value per share | — | — | — | $1.49 | — | — | — | — | — | — | — | — |
| Shares outstanding | — | — | — | 1.8M | — | — | — | — | — | — | — | — |
| Current ratio | 0.27 | 0.27 | 0.95 | 0.95 | 0.48 | 0.48 | 0.81 | 0.81 | 0.82 | 0.82 | 0.95 | 0.95 |
| Quick ratio | 0.07 | 0.07 | 0.11 | 0.11 | 0.11 | 0.07 | 0.27 | 0.27 | 0.41 | 0.25 | 0.37 | 0.37 |
| Debt / equity | — | — | 0.05 | 0.27 | 2.73 | 2.73 | 7.33 | 7.33 | 6.03 | 6.03 | 0.40 | 0.40 |
| Equity / assets | −41.1% | −114.2% | 59.0% | 59.0% | 12.3% | 12.3% | 5.0% | 5.0% | 6.5% | 6.5% | 43.0% | 43.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed —); data from EODHD.
IBG financial position
At the end of fiscal 2025 (December 31, 2025), Innovation Beverage had total assets of $1.3 million (down 74.0% from a year earlier), total liabilities of $2.8 million and shareholders' equity of -$1.5 million. Its current ratio was 0.27.
Related: IBG income statement, IBG cash flow statement, IBG key metrics. See the IBG stock overview for the latest quote and news.
IBG balance sheet FAQ
What are Innovation Beverage's total assets?
Innovation Beverage reported total assets of $1.3 million at the end of fiscal 2025 (December 31, 2025), compared with $5.0 million a year earlier.
How much cash does Innovation Beverage have?
Innovation Beverage held $0.1 million in cash and short-term investments at the end of fiscal 2025.
What is Innovation Beverage's book value?
Innovation Beverage's shareholders' equity (book value) was -$1.5 million at the end of fiscal 2025.
What is Innovation Beverage's current ratio?
Innovation Beverage had current assets of $0.7 million and current liabilities of $2.7 million, a current ratio of 0.27 (current liabilities exceed current assets).
How much goodwill does Innovation Beverage have?
Innovation Beverage carried $0.4 million of goodwill and intangible assets, 27.7% of total assets, at the end of fiscal 2025.