InnSuites Hospitality Trust (IHT) Balance Sheet
IHT balance sheet, FY2026
January 31, 2026 · U.S. dollars$14.0M assets = $15.0M liabilities + −$997,842 equity
Liabilities exceed assets: shareholders’ equity is negative (−$997,842).
Both columns are drawn to the same scale: what IHT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
IHT financial health
Descriptive bands, not a rating. Fiscal FY2026.
IHT balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $22.2MFY2017 | $14.0MFY2026 | −5.0%/yr | |
| Total liabilities | $18.5MFY2017 | $15.0MFY2026 | −2.3%/yr | |
| Shareholders’ equity | $4.4MFY2017 | $3.0MFY2026 | −4.4%/yr | |
| Cash & short-term investments | $568,396FY2017 | $350,200FY2026 | −5.2%/yr | |
| Total debt | $16.4MFY2017 | $14.1MFY2026 | −1.6%/yr | |
| Net cash (debt) | −$15.8MFY2017 | −$13.8MFY2026 | +$2.0M | |
| Working capital | −$2.9MFY2017 | −$848,596FY2026 | +$2.1M | |
| Book value per share | $0.33FY2017 | $0.34FY2026 | +0.2%/yr | |
| Current ratio | 0.33FY2017 | 0.68FY2026 | +0.35 | |
| Debt / equity | 3.70FY2017 | 4.76FY2026 | +1.07 | |
| Shares outstanding | 13.4MFY2017 | 8.8MFY2026 | −4.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
IHT assets
IHT liabilities and equity
IHT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
IHT balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $350,200 | $92,752 | $1.3M | $2.1M | $1.2M | $1.2M | $1.2M | $2.6M | $5.8M | $568,396 |
| Cash & equivalents | $350,200 | $92,752 | $1.3M | $2.1M | $1.2M | $1.2M | $1.2M | $749,075 | $4.8M | $568,396 |
| Short-term investments | — | — | −$1.0M | $7,000 | $7,000 | $5,000 | $600,000 | $1.9M | $1.0M | $0 |
| Receivables | $96,924 | $1.5M | $111,946 | $2.0M | $128,270 | $2.0M | $2.0M | $236,942 | $80,176 | $626,174 |
| Inventory | $0 | $0 | $1 | −$1.9M | −$414,303 | −$1.4M | $0 | $1 | $0 | $1 |
| Other current assets | $1.4M | $141,481 | $1.5M | $2.0M | $882,962 | $1.4M | $20,052 | $2.3M | $2.2M | $270,396 |
| Total current assets | $1.8M | $1.7M | $3.0M | $4.2M | $1.8M | $3.2M | $3.2M | $5.1M | $8.1M | $1.5M |
| Property, plant & equipment (net) | $8.8M | $2.1M | $9.1M | $2.2M | $2.2M | $2.4M | $2.4M | $106,511 | $15.0M | $19.8M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $933,000 |
| Long-term investments | $1.4M | $1.7M | $633,750 | $588,750 | $273,750 | $60,000 | $600,000 | $2.5M | $0 | $0 |
| Other non-current assets | $1.9M | $8.7M | $2.9M | $10.1M | $10.5M | $11.3M | $10.7M | $9.4M | $0 | $0 |
| Total assets | $14.0M | $14.2M | $15.7M | $17.0M | $14.7M | $17.0M | $17.0M | $17.2M | $23.1M | $22.2M |
| Liabilities | ||||||||||
| Accounts payable | $439,740 | $196,261 | $225,384 | $85,198 | $203,165 | $421,281 | $421,281 | $166,339 | $1.8M | $1.0M |
| Short-term debt | $1.8M | $738,521 | $707,189 | $848,018 | $261,833 | $1.3M | $1.1M | $1.7M | $1.6M | $2.1M |
| Deferred revenue | — | — | −$353,739 | — | $250 | $59,194 | — | $31,239 | $107,467 | $144,978 |
| Total current liabilities | $2.7M | $1.4M | $1.8M | $1.8M | $1.2M | $2.7M | $2.7M | $3.3M | $4.1M | $4.4M |
| Long-term debt | $10.1M | $10.0M | $9.0M | $9.3M | $7.1M | $8.4M | $6.1M | $5.0M | $10.4M | $14.1M |
| Lease obligations | $2.2M | $2.2M | $2.3M | $2.3M | $2.4M | $2.4M | $2.5M | — | — | — |
| Other long-term liabilities | $2.2M | $2.2M | $2.2M | $2.3M | $2.3M | $0 | $2.3M | $166,677 | $494,258 | $0 |
| Total liabilities | $15.0M | $13.5M | $13.0M | $13.3M | $10.6M | $11.1M | $11.1M | $8.5M | $15.0M | $18.5M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $3.0M | $5.5M | $7.0M | $7.0M | $6.6M | $21.8M | $21.8M | $23.7M | $22.3M | $16.8M |
| Retained earnings (deficit) | — | — | $6.2M | $6.6M | $0 | $6.1M | — | $10.2M | $9.7M | $4.4M |
| Treasury stock | — | — | — | — | — | −$13.9M | −$13.7M | −$13.5M | −$12.7M | −$12.4M |
| Accumulated other comprehensive income | — | — | $0 | $0 | $0 | $0 | — | $8.7M | $0 | $3.6M |
| Minority interest | −$4.0M | −$3.9M | −$3.5M | −$2.9M | — | — | −$2.2M | −$1.5M | −$1.6M | −$805,931 |
| Total shareholders' equity | $3.0M | $4.6M | $6.2M | $6.6M | $6.5M | $5.9M | $5.9M | $10.2M | $9.7M | $4.4M |
| Key figures | ||||||||||
| Total debt | $14.1M | $12.9M | $12.0M | $12.3M | $9.7M | $9.8M | $7.2M | $6.8M | $12.7M | $16.4M |
| Net cash (debt) | −$13.8M | −$12.8M | −$10.7M | −$10.2M | −$8.4M | −$8.6M | −$6.0M | −$4.2M | −$6.9M | −$15.8M |
| Working capital | −$848,596 | $329,310 | $1.2M | $2.4M | $658,107 | $518,654 | $518,654 | $1.8M | $4.0M | −$2.9M |
| Tangible book value | $3.0M | $4.6M | $6.2M | $6.6M | $6.5M | $5.9M | $5.9M | $10.2M | $9.7M | $3.5M |
| Book value per share | $0.34 | $0.52 | $0.67 | $0.72 | $0.71 | $0.63 | $0.64 | $1.10 | $0.74 | $0.33 |
| Shares outstanding | 8.8M | 8.8M | 9.2M | 9.2M | 9.1M | 9.3M | 9.3M | 9.3M | 13.1M | 13.4M |
| Current ratio | 0.68 | 1.24 | 1.70 | 2.30 | 1.57 | 1.19 | 1.19 | 1.55 | 1.99 | 0.33 |
| Quick ratio | 0.17 | 1.14 | 0.82 | 2.24 | 1.16 | 1.18 | 1.18 | 0.87 | 1.45 | 0.27 |
| Debt / equity | 4.76 | 2.83 | 1.94 | 1.88 | 1.49 | 1.65 | 1.22 | 0.67 | 1.31 | 3.70 |
| Equity / assets | 21.2% | 32.1% | 39.3% | 38.6% | 44.0% | 34.8% | 34.8% | 59.4% | 41.9% | 20.0% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $246,555 | $41,286 | $350,200 | $14,016 | $206,941 | $13,004 | $92,750 | $451,905 | $418,033 | $437,343 | $1.3M | $1.9M |
| Cash & equivalents | $246,555 | $41,286 | $350,200 | $14,016 | $206,941 | $13,004 | $92,752 | $451,905 | $418,033 | $437,343 | $1.3M | $1.9M |
| Receivables | $158,946 | $1.4M | $96,924 | $1.3M | $1.3M | $1.4M | $194,940 | $1.3M | $1.3M | $1.4M | $1.5M | $934,775 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$767,356 | $0 | $1 | $0 |
| Other current assets | $1.4M | $148,143 | $1.4M | $103,946 | $170,984 | $180,993 | $1.4M | $709,772 | $1.5M | $773,108 | $148,600 | $431,817 |
| Total current assets | $1.8M | $1.6M | $1.8M | $1.4M | $1.7M | $1.5M | $1.7M | $2.4M | $2.5M | $2.6M | $3.0M | $3.3M |
| Property, plant & equipment (net) | $8.6M | $8.7M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $1.4M | $1.4M | $1.4M | $1.7M | $1.7M | $1.7M | $1.7M | $1.7M | $1.7M | $668,750 | $633,750 | $618,750 |
| Other non-current assets | $1.9M | $1.9M | $8.7M | $8.7M | $8.8M | $8.7M | $8.7M | $8.8M | $8.9M | $9.9M | $10.0M | $10.0M |
| Total assets | $13.7M | $13.6M | $14.0M | $13.9M | $14.2M | $14.0M | $14.2M | $15.0M | $15.1M | $15.3M | $15.7M | $16.0M |
| Liabilities | ||||||||||||
| Accounts payable | — | $439,740 | $439,740 | — | $616,604 | $196,261 | $196,261 | — | $918,183 | — | $225,384 | $680,483 |
| Short-term debt | $764,655 | $761,809 | — | $748,367 | $824,674 | $748,215 | $0 | $731,452 | $1.1M | $726,768 | $713,457 | $725,835 |
| Deferred revenue | — | — | — | — | — | — | — | — | −$918,183 | — | — | −$680,483 |
| Total current liabilities | $764,655 | $761,809 | $1.6M | $1.3M | $1.4M | $1.4M | $1.4M | $1.5M | $2.0M | $1.5M | $1.8M | $1.4M |
| Long-term debt | $11.4M | $11.0M | $11.2M | $10.6M | $10.4M | $9.8M | $10.0M | $9.6M | $8.9M | $9.0M | $9.0M | $9.1M |
| Lease obligations | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.3M | $2.3M |
| Other long-term liabilities | $2.8M | $2.8M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M |
| Total liabilities | $15.0M | $14.5M | $15.0M | $14.0M | $14.0M | $13.4M | $9.6M | $13.3M | $13.1M | $12.7M | $13.0M | $12.7M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2.7M | $3.0M | — | $4.5M | $4.9M | $5.3M | $5.5M | $6.1M | $6.4M | $6.9M | $7.0M | $7.2M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | $0 | — | $0 | $0 |
| Minority interest | −$3.9M | −$3.9M | −$4.0M | −$3.8M | −$3.8M | — | — | — | — | — | — | — |
| Total shareholders' equity | $2.7M | $2.9M | $3.0M | $3.6M | $4.0M | $4.4M | $4.6M | $5.2M | $5.5M | $6.0M | $6.2M | $6.4M |
| Key figures | ||||||||||||
| Total debt | $14.3M | $13.9M | $11.2M | $13.5M | $13.4M | $12.7M | $10.0M | $12.5M | $12.2M | $11.9M | $12.0M | $12.0M |
| Net cash (debt) | −$14.1M | −$13.9M | −$10.8M | −$13.5M | −$13.2M | −$12.7M | −$9.9M | −$12.1M | −$11.8M | −$11.5M | −$10.7M | −$10.1M |
| Working capital | $1.0M | $819,050 | $211,123 | $123,213 | $249,716 | $180,218 | $329,310 | $938,657 | $438,555 | $1.0M | $1.2M | $1.9M |
| Tangible book value | $2.7M | $2.9M | $3.0M | $3.6M | $4.0M | $4.4M | $4.6M | $5.2M | $5.5M | $6.0M | $6.2M | $6.4M |
| Book value per share | $0.29 | $0.32 | $0.32 | $0.41 | $0.45 | $0.51 | $0.52 | $0.59 | $0.60 | $0.69 | $0.70 | $0.70 |
| Shares outstanding | 9.3M | 9.3M | 9.3M | 8.8M | 8.8M | 8.7M | 8.8M | 8.8M | 9.2M | 8.7M | 8.8M | 9.2M |
| Current ratio | 2.35 | 2.08 | 1.13 | 1.09 | 1.17 | 1.13 | 1.24 | 1.62 | 1.22 | 1.67 | 1.70 | 2.35 |
| Quick ratio | 0.53 | 1.88 | 0.28 | 1.01 | 1.05 | 1.00 | 0.21 | 1.15 | 0.84 | 1.17 | 1.61 | 2.04 |
| Debt / equity | 5.31 | 4.73 | 3.77 | 3.73 | 3.37 | 2.87 | 2.19 | 2.40 | 2.22 | 1.99 | 1.94 | 1.88 |
| Equity / assets | 19.7% | 21.7% | 21.2% | 26.0% | 27.9% | 31.6% | 32.1% | 34.9% | 36.5% | 39.2% | 39.3% | 40.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed May 19, 2026); data from EODHD.
IHT financial position
At the end of fiscal 2026 (January 31, 2026), InnSuites Hospitality had total assets of $14.0 million (down 1.5% from a year earlier), total liabilities of $15.0 million and shareholders' equity of $3.0 million. It held $0.4 million in cash and short-term investments against $14.1 million of debt, net debt of $13.8 million. Its current ratio was 0.68. In the latest quarter (ended July 31, 2026) total assets were $13.7 million and equity $2.7 million.
Related: IHT income statement, IHT cash flow statement, IHT key metrics. See the IHT stock overview for the latest quote and news.
IHT balance sheet FAQ
What are InnSuites Hospitality's total assets?
InnSuites Hospitality reported total assets of $14.0 million at the end of fiscal 2026 (January 31, 2026), compared with $14.2 million a year earlier.
How much debt does InnSuites Hospitality have?
InnSuites Hospitality had $14.1 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 4.76.
How much cash does InnSuites Hospitality have?
InnSuites Hospitality held $0.4 million in cash and short-term investments at the end of fiscal 2026; with $14.1 million of debt that is net debt of $13.8 million.
What is InnSuites Hospitality's book value?
InnSuites Hospitality's shareholders' equity (book value) was $3.0 million at the end of fiscal 2026, or $0.34 per share.
What is InnSuites Hospitality's current ratio?
InnSuites Hospitality had current assets of $1.8 million and current liabilities of $2.7 million, a current ratio of 0.68 (current liabilities exceed current assets).