Kewaunee Scientific Corporation (KEQU) Balance Sheet
KEQU balance sheet, FY2026
April 30, 2026 · U.S. dollars$178.3M assets = $101.5M liabilities + $76.8M equity
Both columns are drawn to the same scale: what KEQU owns equals what it owes plus shareholders’ equity. Hover a block for its value.
KEQU financial health
Descriptive bands, not a rating. Fiscal FY2026.
KEQU balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $80.4MFY2017 | $178.3MFY2026 | +9.3%/yr | |
| Total liabilities | $36.3MFY2017 | $101.5MFY2026 | +12.1%/yr | |
| Shareholders’ equity | $44.1MFY2017 | $74.7MFY2026 | +6.0%/yr | |
| Cash & short-term investments | $12.5MFY2017 | $11.6MFY2026 | −0.8%/yr | |
| Total debt | $6.9MFY2017 | $30.2MFY2026 | +17.7%/yr | |
| Net cash (debt) | $5.6MFY2017 | −$18.6MFY2026 | −$24.1M | |
| Working capital | $32.9MFY2017 | $57.0MFY2026 | +$24.2M | |
| Book value per share | $16.19FY2017 | $25.05FY2026 | +5.0%/yr | |
| Current ratio | 2.22FY2017 | 2.18FY2026 | −0.04 | |
| Debt / equity | 0.16FY2017 | 0.40FY2026 | +0.25 | |
| Shares outstanding | 2.7MFY2017 | 3.0MFY2026 | +1.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
KEQU assets
KEQU liabilities and equity
KEQU debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
KEQU balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $11.6M | $14.9M | $23.3M | $8.1M | $4.4M | $5.2M | $4.4M | $10.6M | $9.7M | $12.5M |
| Cash & equivalents | $11.6M | $14.9M | $23.3M | $8.1M | $4.4M | $5.2M | $4.4M | $10.6M | $9.7M | $12.5M |
| Short-term investments | — | — | — | — | — | — | — | — | $1.2M | $1.4M |
| Receivables | $58.7M | $62.4M | $45.1M | $46.1M | $54.7M | $32.9M | $28.1M | $33.3M | $32.7M | $29.9M |
| Inventory | $30.5M | $32.8M | $20.7M | $21.9M | $23.8M | $16.5M | $15.3M | $17.2M | $17.7M | $14.9M |
| Other current assets | $4.5M | $8.2M | $7.8M | $11.9M | $8.6M | $5.9M | $6.5M | $4.2M | $3.5M | $2.5M |
| Total current assets | $105.4M | $118.4M | $96.8M | $87.9M | $91.6M | $60.5M | $54.2M | $65.4M | $63.5M | $59.8M |
| Property, plant & equipment (net) | $33.2M | $36.1M | $25.1M | $25.6M | $22.7M | $25.3M | $25.6M | $16.5M | $14.7M | $14.0M |
| Goodwill & intangible assets | $28.8M | $30.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $11.0M | $9.8M | $12.8M | $5.4M | $4.5M | $3.7M | $4.1M | $5.4M | $6.2M | $6.6M |
| Total assets | $178.3M | $194.7M | $134.8M | $118.9M | $118.8M | $89.4M | $83.9M | $87.2M | $84.4M | $80.4M |
| Liabilities | ||||||||||
| Accounts payable | $22.5M | $27.0M | $23.3M | $23.6M | $27.3M | $16.8M | $13.1M | $15.2M | $14.8M | $12.0M |
| Short-term debt | $8.8M | $7.3M | $5.3M | $5.6M | $3.6M | $8.2M | $6.0M | $10.7M | $5.1M | $4.5M |
| Deferred revenue | — | $6.1M | $4.4M | $4.1M | $3.5M | $3.1M | $2.5M | $1.6M | $1.9M | $5.8M |
| Total current liabilities | $48.4M | $53.7M | $40.8M | $40.1M | $42.3M | $34.2M | $27.1M | $32.7M | $27.6M | $26.9M |
| Long-term debt | $14.8M | $33.9M | $0 | $0 | $0 | $0 | $0 | $229,000 | $1.3M | $2.4M |
| Lease obligations | $10.4M | $12.3M | $7.9M | $9.3M | $7.9M | $9.3M | $9.2M | $149,000 | — | — |
| Other long-term liabilities | $38.3M | $40.7M | $37.8M | $40.4M | $40.3M | $13.7M | $18.2M | $6.6M | $8.0M | $6.9M |
| Total liabilities | $101.5M | $128.4M | $78.6M | $80.4M | $82.6M | $47.9M | $45.2M | $39.5M | $36.8M | $36.3M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $7.4M | $7.4M | $7.3M | $7.1M | $7.0M | $6.9M | $6.9M | $6.9M | $6.8M | $6.8M |
| Retained earnings (deficit) | $68.5M | $58.9M | $47.5M | $28.8M | $28.0M | $34.1M | $37.8M | $43.6M | $43.2M | $39.8M |
| Treasury stock | — | — | — | — | — | −$53,000 | −$53,000 | −$53,000 | −$53,000 | −$53,000 |
| Accumulated other comprehensive income | −$4.6M | −$3.8M | −$3.4M | −$3.4M | −$3.7M | −$3.6M | −$9.6M | −$6.4M | −$5.9M | −$6.3M |
| Minority interest | $2.1M | $1.8M | $1.4M | $1.1M | — | $246,000 | $288,000 | $603,000 | $462,000 | $374,000 |
| Total shareholders' equity | $74.7M | $64.5M | $54.8M | $37.4M | $35.7M | $41.2M | $38.4M | $47.7M | $47.5M | $44.1M |
| Key figures | ||||||||||
| Total debt | $30.2M | $50.2M | $11.0M | $12.9M | $67.6M | $16.1M | $13.8M | $10.9M | $6.3M | $6.9M |
| Net cash (debt) | −$18.6M | −$35.2M | $12.3M | −$4.8M | −$63.1M | −$10.9M | −$9.4M | −$279,000 | $3.4M | $5.6M |
| Working capital | $57.0M | $64.7M | $56.0M | $47.9M | $49.3M | $26.3M | $27.2M | $32.6M | $35.9M | $32.9M |
| Tangible book value | $45.9M | $34.1M | $54.8M | $37.4M | $35.7M | $41.2M | $38.4M | $47.7M | $47.5M | $44.1M |
| Book value per share | $25.05 | $21.64 | $18.64 | $12.89 | $12.81 | $14.94 | $13.97 | $17.07 | $17.11 | $16.19 |
| Shares outstanding | 3.0M | 3.0M | 2.9M | 2.9M | 2.8M | 2.8M | 2.8M | 2.8M | 2.8M | 2.7M |
| Current ratio | 2.18 | 2.20 | 2.37 | 2.20 | 2.17 | 1.77 | 2.00 | 2.00 | 2.30 | 2.22 |
| Quick ratio | 1.46 | 1.44 | 1.68 | 1.35 | 1.40 | 1.11 | 1.20 | 1.34 | 1.54 | 1.57 |
| Debt / equity | 0.40 | 0.78 | 0.20 | 0.35 | 1.89 | 0.39 | 0.36 | 0.23 | 0.13 | 0.16 |
| Equity / assets | 41.9% | 33.1% | 40.6% | 31.5% | 30.1% | 46.1% | 45.8% | 54.7% | 56.3% | 54.9% |
| 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 | $8.2M | $11.6M | $10.3M | $13.7M | $19.5M | $14.9M | $9.5M | $26.0M | $24.2M | $25.9M | $27.1M | $13.7M |
| Cash & equivalents | $8.2M | $11.6M | $10.3M | $13.7M | $19.5M | $14.9M | $9.5M | $26.0M | $24.2M | $25.9M | $27.1M | $13.7M |
| Receivables | $58.2M | $58.7M | $54.1M | $59.0M | $56.9M | $62.4M | $57.4M | $41.9M | $43.5M | −$5.1M | $41.1M | $42.6M |
| Inventory | $29.8M | $30.5M | $32.9M | $35.5M | $34.9M | $32.8M | $31.6M | $18.7M | $19.3M | $20.7M | $21.8M | $21.7M |
| Other current assets | $7.7M | $4.5M | $6.2M | $5.4M | $5.8M | $8.2M | $10.2M | $9.9M | $5.7M | $55.3M | $6.1M | $12.9M |
| Total current assets | $104.0M | $105.4M | $103.6M | $113.6M | $117.1M | $118.4M | $108.6M | $96.4M | $92.7M | $96.8M | $96.2M | $90.9M |
| Property, plant & equipment (net) | $32.2M | $33.2M | $33.1M | $34.6M | $34.8M | $36.1M | $37.8M | $23.9M | $24.1M | $25.1M | $25.3M | $26.2M |
| Goodwill & intangible assets | $28.4M | $28.8M | $29.2M | $29.6M | $29.9M | $30.3M | $32.4M | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $11.2M | $11.0M | $10.2M | $11.3M | $11.6M | $9.8M | $10.3M | $14.1M | $15.3M | $12.8M | $4.8M | $4.6M |
| Total assets | $175.8M | $178.3M | $176.0M | $189.1M | $193.5M | $194.7M | $189.1M | $134.5M | $132.0M | $134.8M | $126.3M | $121.7M |
| Liabilities | ||||||||||||
| Accounts payable | $21.6M | $22.5M | $23.6M | $22.7M | $26.3M | $27.0M | $24.5M | $21.5M | $20.6M | $23.3M | $19.1M | $19.2M |
| Short-term debt | $10.6M | $8.8M | $9.7M | $7.5M | $3.7M | $7.3M | $11.1M | $3.0M | $5.8M | $5.3M | $6.0M | $8.8M |
| Deferred revenue | — | — | $4.1M | $4.3M | $5.0M | $6.1M | $7.8M | $6.2M | $4.9M | $4.4M | $10.2M | $4.9M |
| Total current liabilities | $47.2M | $48.4M | $48.8M | $45.8M | $50.5M | $53.7M | $50.2M | $36.5M | $36.7M | $40.8M | $42.1M | $38.7M |
| Long-term debt | $13.6M | $14.8M | $16.0M | $31.6M | $33.7M | $33.9M | $35.0M | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $10.0M | $10.4M | $10.0M | $11.0M | $11.4M | $12.3M | $13.2M | $7.4M | $7.5M | $7.9M | $8.2M | $8.7M |
| Other long-term liabilities | $37.8M | $38.3M | $38.6M | $39.9M | $40.4M | $40.7M | $41.9M | $37.4M | $37.8M | $37.8M | $38.8M | $39.6M |
| Total liabilities | $98.6M | $101.5M | $103.4M | $117.4M | $124.6M | $128.4M | $127.0M | $73.8M | $74.5M | $78.6M | $81.0M | $78.3M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $7.5M | $7.4M | $7.4M | $7.4M | $7.4M | $7.4M | $7.4M | $7.4M | $7.4M | $7.3M | $7.3M | $7.3M |
| Retained earnings (deficit) | $70.2M | $68.5M | $65.1M | $64.5M | $62.0M | $58.9M | $54.1M | $52.7M | $49.7M | $47.5M | $36.5M | $34.0M |
| Accumulated other comprehensive income | −$4.6M | −$4.6M | −$4.8M | −$4.4M | −$4.2M | −$3.8M | −$3.8M | −$3.6M | −$3.5M | −$3.4M | −$3.9M | −$3.8M |
| Minority interest | $2.2M | $2.1M | $1.9M | $1.9M | $1.8M | — | — | — | — | — | — | — |
| Total shareholders' equity | $75.0M | $74.7M | $70.7M | $69.9M | $67.1M | $64.5M | $60.8M | $59.3M | $56.0M | $54.8M | $44.1M | $42.1M |
| Key figures | ||||||||||||
| Total debt | $55.5M | $30.2M | $32.5M | $46.7M | $18.3M | $50.2M | $55.8M | $8.2M | $11.1M | $39.1M | $39.6M | $14.6M |
| Net cash (debt) | −$47.2M | −$18.6M | −$22.2M | −$33.0M | $1.2M | −$35.2M | −$46.3M | $17.7M | $13.1M | −$13.2M | −$12.5M | −$834,000 |
| Working capital | $56.7M | $57.0M | $54.8M | $67.8M | $66.7M | $64.7M | $58.4M | $60.0M | $56.0M | $56.0M | $54.0M | $52.1M |
| Tangible book value | $46.6M | $45.9M | $41.5M | $40.3M | $37.1M | $34.1M | $28.4M | $59.3M | $56.0M | $54.8M | $44.1M | $42.1M |
| Book value per share | $25.68 | $24.95 | $23.69 | $23.46 | $22.64 | $21.62 | $20.30 | $19.95 | $18.88 | $18.43 | $14.87 | $14.37 |
| Shares outstanding | 2.9M | 3.0M | 3.0M | 3.0M | 3.0M | 3.0M | 3.0M | 3.0M | 3.0M | 3.0M | 3.0M | 2.9M |
| Current ratio | 2.20 | 2.18 | 2.12 | 2.48 | 2.32 | 2.20 | 2.16 | 2.64 | 2.53 | 2.37 | 2.28 | 2.35 |
| Quick ratio | 1.41 | 1.46 | 1.32 | 1.59 | 1.51 | 1.44 | 1.33 | 1.86 | 1.85 | 0.51 | 1.62 | 1.45 |
| Debt / equity | 0.74 | 0.40 | 0.46 | 0.67 | 0.27 | 0.78 | 0.92 | 0.14 | 0.20 | 0.71 | 0.90 | 0.35 |
| Equity / assets | 42.7% | 41.9% | 40.2% | 36.9% | 34.7% | 33.1% | 32.1% | 44.1% | 42.4% | 40.6% | 34.9% | 34.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed June 26, 2026); data from EODHD.
KEQU financial position
At the end of fiscal 2026 (April 30, 2026), Kewaunee Scientific had total assets of $178.3 million (down 8.4% from a year earlier), total liabilities of $101.5 million and shareholders' equity of $74.7 million. It held $11.6 million in cash and short-term investments against $30.2 million of debt, net debt of $18.6 million. Its current ratio was 2.18. In the latest quarter (ended July 31, 2026) total assets were $175.8 million and equity $75.0 million.
Related: KEQU income statement, KEQU cash flow statement, KEQU key metrics. See the KEQU stock overview for the latest quote and news.
KEQU balance sheet FAQ
What are Kewaunee Scientific's total assets?
Kewaunee Scientific reported total assets of $178.3 million at the end of fiscal 2026 (April 30, 2026), compared with $194.7 million a year earlier.
How much debt does Kewaunee Scientific have?
Kewaunee Scientific had $30.2 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.40.
How much cash does Kewaunee Scientific have?
Kewaunee Scientific held $11.6 million in cash and short-term investments at the end of fiscal 2026; with $30.2 million of debt that is net debt of $18.6 million.
What is Kewaunee Scientific's book value?
Kewaunee Scientific's shareholders' equity (book value) was $74.7 million at the end of fiscal 2026, or $25.05 per share.
What is Kewaunee Scientific's current ratio?
Kewaunee Scientific had current assets of $105.4 million and current liabilities of $48.4 million, a current ratio of 2.18 (it can cover its short-term obligations).
How much goodwill does Kewaunee Scientific have?
Kewaunee Scientific carried $28.8 million of goodwill and intangible assets, 16.1% of total assets, at the end of fiscal 2026.