J-Long Group Limited (JL) Balance Sheet

NASDAQ: JLAssets, liabilities, debt and equity over 6 years.

JL balance sheet, FY2026

March 31, 2026 · U.S. dollars

$3.6M assets = $1.4M liabilities + $2.1M equity

What it owns$3.6MCash & ST investments: $1.9M (52.7%)Cash & ST investments$1.9M · 53%Receivables: $453,445 (12.7%)Receivables $453,445Inventory: $545,742 (15.3%)Inventory $545,742Other current: $45,123 (1.3%)PP&E: $604,117 (16.9%)PP&E $604,117Other non-current: $40,579 (1.1%)=How it is financed$3.6MCurrent liabilities: $1.0M (28.8%)Current liabilities$1.0M · 29%Long-term debt: $2.4M (67.5%)Long-term debt$2.4M · 67%Shareholders’ equity: $2.1M (59.8%)Shareholders’ equity$2.1M · 60%

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

JL financial health

Current ratio2.84
Comfortable · current assets cover current liabilities 2.84×
Debt / equity0.28
Low leverage · $0.28 of debt for each $1 of equity
Equity / assets58.3%
Equity-funded · of assets funded by shareholders
Cash / debt318.1%
Cash covers debt · cash & short-term investments vs total debt
Goodwill & intangibles0.0%
Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal FY2026.

JL balance sheet trends, FY2021–FY2026

MetricTrendThenLatestChange
Total assets$2.0MFY2021$3.6MFY2026+12.2%/yr
Total liabilities$10.1MFY2021$1.4MFY2026−32.3%/yr
Shareholders’ equity−$8.1MFY2021$2.1MFY2026—
Cash & short-term investments$569,006FY2021$1.9MFY2026+27.0%/yr
Total debt$485,112FY2021$590,578FY2026+4.0%/yr
Net cash (debt)$83,894FY2021$1.3MFY2026+$1.2M
Working capital$588,001FY2021$1.9MFY2026+$1.3M
Book value per share−$2.57FY2021$0.57FY2026—
Current ratio1.61FY20212.84FY2026+1.23
Debt / equity0.61FY20220.28FY2026−0.33
Shares outstanding3.1MFY20213.7MFY2026+3.2%/yr

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

JL assets

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

JL liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

JL debt vs cash

Total debtCash & ST investmentsNet cash (debt)

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

JL balance sheet

FY2026FY2025FY2024FY2023FY2022FY2021
Assets
Cash & short-term investments$1.9M$10.7M$4.2M$790,222$996,525$569,006
Cash & equivalents$1.9M$10.7M$4.2M$6.0M$7.4M$509,222
Short-term investments$0$2,220$2,275$243,284$441,440$59,784
Receivables$453,445$3.5M$4.1M$2.1M$3.1M$3.1M
Inventory$545,742$3.1M$4.4M$5.8M$2.5M$270,748
Other current assets$45,123$1.7M$1.6M$8.0M$9.2M$0
Total current assets$2.9M$19.0M$14.3M$16.7M$15.8M$1.5M
Property, plant & equipment (net)$604,117$4.2M$2.5M$2.8M$3.5M$456,451
Goodwill & intangible assets$0$0$0$0$0$0
Long-term investments$0$0$0$0$0$0
Other non-current assets$40,579$270,812$103,223$1.1M$75,723$5,140
Total assets$3.6M$23.5M$16.9M$20.6M$19.3M$2.0M
Liabilities
Accounts payable$598,431$2.0M$1.4M$2.9M$3.5M$3.1M
Short-term debt$184,460$1.1M$743,631$993,466$1.4M$1.2M
Deferred revenue$109,098$427,110$360,475$29,487$269,263$449,772
Total current liabilities$1.0M$7.1M$5.3M$7.2M$9.3M$959,322
Long-term debt$2.4M$706,811$1.4M$2.0M$3.0M$2.6M
Lease obligations$1.2M$1.0M$88,139$454,948$28,322$7,406
Other long-term liabilities$0$615,366$0$88,139$7,150$0
Total liabilities$1.4M$8.4M$6.7M$9.3M$12.2M$10.1M
Shareholders' equity
Common stock & paid-in capital$180$1,410$1,178$143$144$1,125
Retained earnings (deficit)$1.4M$8.5M$5.9M$11.1M$6.9M$684,637
Accumulated other comprehensive income$1,499−$23,364—−$53−$6,633−$4,173
Minority interest$434,651$405,122$0———
Total shareholders' equity$2.1M$14.6M$10.2M$11.3M$7.1M−$8.1M
Key figures
Total debt$590,578$2.4M$2.1M$394,394$4.3M$485,112
Net cash (debt)$1.3M$8.3M$2.0M$395,828−$3.3M$83,894
Working capital$1.9M$11.9M$8.9M$9.6M$6.5M$588,001
Tangible book value$2.1M$14.6M$10.2M$11.3M$7.1M−$8.1M
Book value per share$0.57$4.66—$3.61$2.25−$2.57
Shares outstanding3.7M3.1M—3.1M3.1M3.1M
Current ratio2.842.682.672.341.701.61
Quick ratio2.272.001.540.400.443.82
Debt / equity0.280.160.210.030.61—
Equity / assets58.3%62.4%60.2%55.1%36.6%−401.3%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed July 28, 2026); data from EODHD.

JL financial position

At the end of fiscal 2026 (March 31, 2026), J-Long had total assets of $3.6 million (down 84.8% from a year earlier), total liabilities of $1.4 million and shareholders' equity of $2.1 million. It held $1.9 million in cash and short-term investments against $0.6 million of debt, a net cash position of $1.3 million. Its current ratio was 2.84. In the latest quarter (ended June 30, 2026) total assets were $3.6 million and equity $2.1 million.

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

JL balance sheet FAQ

What are J-Long's total assets?

J-Long reported total assets of $3.6 million at the end of fiscal 2026 (March 31, 2026), compared with $23.5 million a year earlier.

How much debt does J-Long have?

J-Long had $0.6 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.28.

How much cash does J-Long have?

J-Long held $1.9 million in cash and short-term investments at the end of fiscal 2026; with $0.6 million of debt that is net cash of $1.3 million.

What is J-Long's book value?

J-Long's shareholders' equity (book value) was $2.1 million at the end of fiscal 2026, or $0.57 per share.

What is J-Long's current ratio?

J-Long had current assets of $2.9 million and current liabilities of $1.0 million, a current ratio of 2.84 (it can cover its short-term obligations).

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