Intelligent Living Application Group Inc. (ILAG) Balance Sheet
ILAG balance sheet, 2025
December 31, 2025 · U.S. dollars$8.5M assets = $3.6M liabilities + $4.9M equity
Both columns are drawn to the same scale: what ILAG owns equals what it owes plus shareholders’ equity. Hover a block for its value.
ILAG financial health
Descriptive bands, not a rating. Fiscal 2025.
ILAG balance sheet trends, 2018–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $8.0M2018 | $8.5M2025 | +0.8%/yr | |
| Total liabilities | $3.4M2018 | $3.6M2025 | +1.0%/yr | |
| Shareholders’ equity | $4.6M2018 | $4.9M2025 | +0.7%/yr | |
| Cash & short-term investments | $1.3M2018 | $645,9392025 | −9.2%/yr | |
| Total debt | $764,8992018 | $2.1M2025 | +15.2%/yr | |
| Net cash (debt) | $502,6692018 | −$1.4M2025 | −$1.9M | |
| Working capital | $2.9M2018 | $3.4M2025 | +$463,342 | |
| Book value per share | $2.562018 | $2.382025 | −1.0%/yr | |
| Current ratio | 1.872018 | 1.972025 | +0.10 | |
| Debt / equity | 0.172018 | 0.422025 | +0.26 | |
| Shares outstanding | 1.8M2018 | 2.0M2025 | +1.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ILAG assets
ILAG liabilities and equity
ILAG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
ILAG balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & short-term investments | $645,939 | $1.3M | $4.5M | $9.2M | $131,129 | $302,440 | $1.1M | $1.3M |
| Cash & equivalents | $645,939 | $1.3M | $4.5M | $9.2M | $131,129 | $302,440 | $1.1M | $1.3M |
| Receivables | $385,259 | $291,984 | $691,099 | $1.9M | $1.6M | $1.2M | $881,639 | $1.1M |
| Inventory | $5.4M | $5.0M | $5.0M | $4.5M | $5.1M | $4.4M | $3.4M | $3.7M |
| Other current assets | $395,291 | $2.2M | $1.9M | $487,703 | $306,725 | $166,576 | $67,896 | $215,842 |
| Total current assets | $6.8M | $8.8M | $12.1M | $16.0M | $7.1M | $6.1M | $5.4M | $6.2M |
| Property, plant & equipment (net) | $1.6M | $5.6M | $6.1M | $5.8M | $2.2M | $2.4M | $3.1M | $1.8M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $19,702 | $72,938 | $72,637 | $1,449 | $3,974 | $3,987 | $3,987 | $3,987 |
| Total assets | $8.5M | $14.4M | $18.3M | $21.8M | $9.3M | $8.5M | $8.5M | $8.0M |
| Liabilities | ||||||||
| Accounts payable | $504,465 | $251,060 | $324,626 | $396,628 | $1.9M | $1.3M | $1.3M | $1.1M |
| Short-term debt | $1.7M | $663,777 | $409,015 | $732,972 | $1.2M | $1.1M | $564,800 | $691,577 |
| Deferred revenue | $32,617 | $11 | $81,170 | $6,364 | $222,633 | $25,469 | $44,356 | $15,526 |
| Total current liabilities | $3.5M | $1.4M | $1.4M | $1.8M | $4.9M | $3.5M | $3.0M | $3.3M |
| Long-term debt | $158,193 | $248,758 | $334,319 | $417,795 | $498,367 | $349,371 | $0 | $0 |
| Lease obligations | $261,115 | $626,340 | $435,476 | $650,282 | $863,982 | $914,537 | $1.6M | $104,321 |
| Other long-term liabilities | $10,524 | $133,289 | $156,183 | $118,532 | $416,700 | $528,146 | $1.1M | $73,322 |
| Total liabilities | $3.6M | $1.8M | $1.9M | $2.4M | $5.8M | $4.4M | $4.1M | $3.4M |
| Shareholders' equity | ||||||||
| Common stock & paid-in capital | $2,077 | $1,806 | $1,806 | $1,806 | $1,300 | $1,300 | $1,300 | $1,300 |
| Retained earnings (deficit) | −$30.2M | −$10.8M | −$7.1M | −$3.6M | −$2.0M | −$599,473 | $415,875 | $1.7M |
| Accumulated other comprehensive income | −$212,792 | −$334,594 | −$260,554 | −$45,638 | $375,303 | $323,014 | −$250,683 | −$111,157 |
| Total shareholders' equity | $4.9M | $12.6M | $16.4M | $19.5M | $3.5M | $4.1M | $4.4M | $4.6M |
| Key figures | ||||||||
| Total debt | $2.1M | $1.0M | $899,517 | $1.3M | $2.1M | $2.0M | $1.7M | $764,899 |
| Net cash (debt) | −$1.4M | $235,087 | $3.6M | $7.9M | −$2.0M | −$1.7M | −$637,586 | $502,669 |
| Working capital | $3.4M | $7.4M | $10.7M | $14.2M | $2.2M | $2.6M | $2.5M | $2.9M |
| Tangible book value | $4.9M | $12.6M | $16.4M | $19.5M | $3.5M | $4.1M | $4.4M | $4.6M |
| Book value per share | $2.38 | $7.00 | $9.08 | $10.77 | $1.93 | $2.27 | $2.43 | $2.56 |
| Shares outstanding | 2.0M | 1.8M | 1.8M | 1.8M | 1.8M | 1.8M | 1.8M | 1.8M |
| Current ratio | 1.97 | 6.21 | 8.70 | 8.83 | 1.45 | 1.74 | 1.83 | 1.87 |
| Quick ratio | 0.30 | 1.11 | 3.72 | 6.09 | 0.36 | 0.44 | 0.65 | 0.70 |
| Debt / equity | 0.42 | 0.08 | 0.05 | 0.07 | 0.61 | 0.48 | 0.39 | 0.17 |
| Equity / assets | 57.3% | 87.5% | 89.7% | 89.2% | 37.4% | 48.5% | 51.5% | 57.7% |
| Mar '26 | Dec '25 | Jun '25 | Mar '25 | Dec '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $645,939 | $645,939 | $793,969 | $1.3M | $1.3M | $2.3M | $4.5M | $4.5M | $4.5M | $7.5M | $9.2M | $9.2M |
| Cash & equivalents | $645,939 | $645,939 | $793,969 | $1.3M | $1.3M | $2.3M | $4.5M | $4.5M | $4.5M | $7.5M | $9.2M | $9.2M |
| Receivables | $385,259 | $235,142 | $290,540 | $291,984 | $139,214 | $304,320 | $691,099 | $445,500 | $691,099 | $725,925 | $1.9M | $1.9M |
| Inventory | $5.4M | $5.4M | $5.1M | $5.0M | $5.0M | $4.7M | $5.0M | $5.0M | $5.0M | $5.1M | $4.5M | $4.5M |
| Other current assets | $395,291 | $545,408 | $2.0M | $2.2M | $2.4M | $2.7M | $1.9M | $2.1M | $1.9M | $510,926 | $487,703 | $487,703 |
| Total current assets | $6.8M | $6.8M | $8.2M | $8.8M | $8.8M | $10.0M | $12.1M | $12.1M | $12.1M | $13.8M | $16.0M | $16.0M |
| Property, plant & equipment (net) | $1.6M | $1.6M | $5.0M | $5.6M | $5.6M | $6.2M | $6.1M | $6.1M | $6.1M | $6.1M | $5.8M | $5.8M |
| 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 | $19,702 | $19,702 | $72,174 | $72,938 | $72,938 | $72,532 | $72,637 | $72,637 | $72,637 | $72,431 | $1,449 | $1,449 |
| Total assets | $8.5M | $8.5M | $13.3M | $14.4M | $14.4M | $16.3M | $18.3M | $18.3M | $18.3M | $20.0M | $21.8M | $21.8M |
| Liabilities | ||||||||||||
| Accounts payable | $504,465 | $504,466 | $41,557 | $251,060 | $251,060 | $327,380 | $324,626 | $324,626 | $324,626 | $333,782 | $396,628 | $396,628 |
| Short-term debt | $1.7M | — | $1.8M | $663,777 | — | $637,856 | $409,015 | — | $409,015 | $1.3M | $732,972 | $732,972 |
| Deferred revenue | $32,617 | — | $28,079 | $11 | — | $6,895 | $81,170 | — | $81,170 | — | $6,364 | $6,364 |
| Total current liabilities | $3.5M | $3.5M | $1.9M | $1.4M | $1.4M | $1.5M | $1.4M | $1.4M | $1.4M | $2.2M | $1.8M | $1.8M |
| Long-term debt | $0 | $158,193 | $201,943 | $0 | $248,758 | $291,830 | $0 | $334,319 | $0 | $376,659 | $0 | $417,795 |
| Lease obligations | — | $261,115 | $464,126 | — | $626,340 | $918,305 | — | $435,476 | — | $719,424 | — | $650,282 |
| Other long-term liabilities | $168,717 | $10,524 | $82,321 | $382,047 | $133,289 | $365,081 | $490,502 | $156,183 | $490,502 | $202,003 | $536,327 | $118,532 |
| Total liabilities | $3.6M | $3.6M | $2.2M | $1.8M | $1.8M | $2.1M | $1.9M | $1.9M | $1.9M | $2.7M | $2.4M | $2.4M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2,077 | — | $2,077 | $1,806 | — | $1,806 | $1,806 | — | $1,806 | $1,806 | $1,806 | $1,806 |
| Retained earnings (deficit) | −$30.2M | −$30.2M | −$16.2M | −$10.8M | −$10.8M | −$9.4M | −$7.1M | −$7.1M | −$7.1M | −$6.5M | −$3.6M | −$3.6M |
| Accumulated other comprehensive income | −$212,792 | — | −$318,029 | −$334,594 | — | −$262,437 | −$260,554 | — | −$260,554 | −$420,301 | −$45,638 | −$45,638 |
| Total shareholders' equity | $4.9M | $4.9M | $11.1M | $12.6M | $12.6M | $14.2M | $16.4M | $16.4M | $16.4M | $17.2M | $19.5M | $19.5M |
| Key figures | ||||||||||||
| Total debt | $2.1M | $158,193 | $1.7M | $1.0M | $248,758 | $1.3M | $899,517 | $334,319 | $899,517 | $1.9M | $1.3M | $1.3M |
| Net cash (debt) | −$1.4M | $487,746 | −$940,609 | $235,087 | $1.0M | $1.0M | $3.6M | $4.1M | $3.6M | $5.6M | $7.9M | $7.9M |
| Working capital | $3.4M | $3.4M | $6.3M | $7.4M | $7.4M | $8.5M | $10.7M | $10.7M | $10.7M | $11.6M | $14.2M | $14.2M |
| Tangible book value | $4.9M | $4.9M | $11.1M | $12.6M | $12.6M | $14.2M | $16.4M | $16.4M | $16.4M | $17.2M | $19.5M | $19.5M |
| Book value per share | $2.34 | $2.34 | $5.55 | $7.00 | $7.00 | $7.84 | $9.08 | — | — | $9.55 | — | $10.77 |
| Shares outstanding | 2.1M | 2.1M | 2.0M | 1.8M | 1.8M | 1.8M | 1.8M | — | — | 1.8M | — | 1.8M |
| Current ratio | 1.97 | 1.97 | 4.27 | 6.21 | 6.21 | 6.74 | 8.70 | 8.70 | 8.70 | 6.39 | 8.83 | 8.83 |
| Quick ratio | 0.30 | 0.25 | 0.57 | 1.11 | 1.00 | 1.76 | 3.72 | 3.54 | 3.72 | 3.81 | 6.09 | 6.09 |
| Debt / equity | 0.42 | 0.03 | 0.16 | 0.08 | 0.02 | 0.09 | 0.05 | 0.02 | 0.05 | 0.11 | 0.07 | 0.07 |
| Equity / assets | 57.3% | 57.3% | 83.4% | 87.5% | 87.5% | 86.8% | 89.7% | 89.7% | 89.7% | 86.3% | 89.2% | 89.2% |
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.
ILAG financial position
At the end of fiscal 2025 (December 31, 2025), Intelligent Living Application had total assets of $8.5 million (down 41.3% from a year earlier), total liabilities of $3.6 million and shareholders' equity of $4.9 million. It held $0.6 million in cash and short-term investments against $2.1 million of debt, net debt of $1.4 million. Its current ratio was 1.97. In the latest quarter (ended March 31, 2026) total assets were $8.5 million and equity $4.9 million.
Related: ILAG income statement, ILAG cash flow statement, ILAG key metrics. See the ILAG stock overview for the latest quote and news.
ILAG balance sheet FAQ
What are Intelligent Living Application's total assets?
Intelligent Living Application reported total assets of $8.5 million at the end of fiscal 2025 (December 31, 2025), compared with $14.4 million a year earlier.
How much debt does Intelligent Living Application have?
Intelligent Living Application had $2.1 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.42.
How much cash does Intelligent Living Application have?
Intelligent Living Application held $0.6 million in cash and short-term investments at the end of fiscal 2025; with $2.1 million of debt that is net debt of $1.4 million.
What is Intelligent Living Application's book value?
Intelligent Living Application's shareholders' equity (book value) was $4.9 million at the end of fiscal 2025, or $2.38 per share.
What is Intelligent Living Application's current ratio?
Intelligent Living Application had current assets of $6.8 million and current liabilities of $3.5 million, a current ratio of 1.97 (it can cover its short-term obligations).