Kustom Entertainment, Inc. (KUST) Balance Sheet
KUST balance sheet, 2025
December 31, 2025 · U.S. dollars$19.3M assets = $17.0M liabilities + $2.4M equity
Both columns are drawn to the same scale: what KUST owns equals what it owes plus shareholders’ equity. Hover a block for its value.
KUST financial health
Descriptive bands, not a rating. Fiscal 2025.
KUST balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $18.8M2016 | $19.3M2025 | +0.3%/yr | |
| Total liabilities | $11.1M2016 | $17.0M2025 | +4.8%/yr | |
| Shareholders’ equity | $7.8M2016 | $4.3M2025 | −6.5%/yr | |
| Cash & short-term investments | $3.9M2016 | $757,3692025 | −16.6%/yr | |
| Total debt | $4.0M2016 | $2.3M2025 | −6.2%/yr | |
| Net cash (debt) | −$158,1602016 | −$1.5M2025 | −$1.4M | |
| Working capital | $11.7M2016 | −$1.5M2025 | −$13.2M | |
| Book value per share | $17.412016 | $21.992025 | +2.6%/yr | |
| Current ratio | 3.352016 | 0.862025 | −2.49 | |
| Debt / equity | 0.522016 | 0.532025 | +0.01 | |
| Shares outstanding | 446K2016 | 194K2025 | −8.8%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
KUST assets
KUST liabilities and equity
KUST debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
KUST balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $757,369 | $454,314 | $680,549 | $3.5M | $32.0M | $4.4M | $359,685 | $3.6M | $54,712 | $3.9M |
| Cash & equivalents | $757,369 | $454,314 | $680,549 | $3.5M | $32.0M | $4.4M | $359,685 | $3.6M | $54,712 | $3.9M |
| Receivables | $4.0M | $5.4M | $4.7M | $6.1M | $4.7M | $3.2M | $1.6M | $2.3M | $2.3M | $2.9M |
| Inventory | $2.3M | $2.6M | $3.8M | $6.8M | $9.7M | $8.2M | $5.3M | $7.0M | $8.8M | $9.6M |
| Other current assets | $2.0M | $1.9M | $6.4M | $8.5M | $9.7M | $2.0M | $381,090 | $429,403 | $709,163 | $402,158 |
| Total current assets | $9.0M | $10.4M | $15.6M | $25.0M | $56.1M | $17.8M | $7.7M | $13.3M | $11.8M | $16.7M |
| Property, plant & equipment (net) | $1.5M | $1.1M | $8.3M | $8.7M | $7.8M | $1.4M | $319,521 | $247,541 | $638,169 | $873,902 |
| Goodwill & intangible assets | $5.0M | $10.7M | $16.5M | $17.9M | $16.9M | $392,564 | $413,268 | $486,797 | $497,180 | $467,176 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $3.7M | $5.6M | $6.6M | $5.2M | $2.1M | $1.2M | $532,501 | $302,146 | $205,043 | $761,915 |
| Total assets | $19.3M | $27.7M | $47.0M | $56.7M | $83.0M | $20.8M | $8.9M | $14.3M | $13.2M | $18.8M |
| Liabilities | ||||||||||
| Accounts payable | $4.3M | $11.5M | $10.7M | $9.5M | $4.6M | $1.1M | $2.3M | $784,599 | $3.2M | $2.5M |
| Short-term debt | $888,726 | $8.0M | $4.2M | $779,990 | $763,305 | $125,211 | $2.0M | — | $4.3M | $32,792 |
| Deferred revenue | $3.8M | $4.4M | $3.2M | $2.2M | $1.7M | $1.6M | $1.7M | $1.7M | $1.4M | $925,932 |
| Total current liabilities | $10.5M | $29.7M | $22.5M | $13.5M | $23.0M | $3.7M | $6.9M | $4.6M | $10.2M | $5.0M |
| Long-term debt | $137,541 | $141,083 | $4.9M | $442,467 | $727,278 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $1.0M | $718,509 | $1.1M | $850,324 | $1.1M | — | — | — | — | — |
| Other long-term liabilities | $6.3M | $6.9M | $8.2M | $6.4M | $3.4M | $2.7M | $8.3M | $11.1M | $2.2M | $6.1M |
| Total liabilities | $17.0M | $36.8M | $35.6M | $20.3M | $27.1M | $6.4M | $15.2M | $15.8M | $12.3M | $11.1M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $690 | $5,808 | $2,801 | $2,721 | $2,545 | $26,835 | $12,079 | $10,445 | $7,038 | $5,552 |
| Retained earnings (deficit) | −$144.2M | −$137.5M | −$117.7M | −$92.0M | −$68.7M | −$90.0M | −$87.4M | −$77.4M | −$61.9M | −$49.7M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | −$1.8M | — | — |
| Minority interest | −$1.9M | −$1.2M | $673,292 | $448,694 | — | — | — | — | — | — |
| Total shareholders' equity | $4.3M | −$7.8M | $10.8M | $35.9M | $55.8M | $14.4M | −$6.3M | −$1.4M | $863,748 | $7.8M |
| Key figures | ||||||||||
| Total debt | $2.3M | $8.7M | $9.9M | $1.8M | $2.2M | $996,756 | $8.5M | $9.1M | $4.3M | $4.0M |
| Net cash (debt) | −$1.5M | −$8.2M | −$9.2M | $1.8M | $29.8M | $3.4M | −$8.2M | −$5.5M | −$4.2M | −$158,160 |
| Working capital | −$1.5M | −$19.4M | −$7.0M | $11.4M | $33.1M | $14.1M | $764,934 | $8.7M | $1.7M | $11.7M |
| Tangible book value | −$775,875 | −$18.5M | −$5.7M | $18.0M | $38.9M | $14.0M | −$6.7M | −$1.9M | $366,568 | $7.3M |
| Book value per share | $21.99 | −$13.19 | $23.21 | $84.50 | — | $7.97 | −$6.60 | −$2.10 | $1.49 | $17.41 |
| Shares outstanding | 194K | 593K | 464K | 425K | — | 1.8M | 957K | 673K | 581K | 446K |
| Current ratio | 0.86 | 0.35 | 0.69 | 1.85 | 2.44 | 4.79 | 1.11 | 2.88 | 1.17 | 3.35 |
| Quick ratio | 0.45 | 0.20 | 0.24 | 0.71 | 1.60 | 2.04 | 0.29 | 1.27 | 0.23 | 1.35 |
| Debt / equity | 0.53 | — | 0.92 | 0.05 | 0.04 | 0.07 | — | — | 4.95 | 0.52 |
| Equity / assets | 22.0% | −28.2% | 22.9% | 63.3% | 67.2% | 69.0% | −70.8% | −9.8% | 6.6% | 41.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $830,193 | $1.2M | $757,369 | $793,360 | $622,820 | $3.8M | $219,311 | $415,131 | $517,113 | $927,861 | $2.2M | $2.9M |
| Cash & equivalents | $830,193 | $1.2M | $757,369 | $793,360 | $622,820 | $3.8M | $219,311 | $415,131 | $517,113 | $927,861 | $2.2M | $2.9M |
| Receivables | $1.4M | $4.0M | $479,559 | $4.8M | $4.6M | $4.9M | $751,743 | $5.3M | $4.9M | $4.4M | $4.6M | $4.6M |
| Inventory | $280,137 | $2.1M | $2.3M | $2.6M | $2.5M | $2.5M | $2.6M | $2.3M | $2.2M | $3.1M | $5.2M | $5.8M |
| Other current assets | $5.8M | $2.0M | $5.5M | $1.5M | $2.0M | $2.9M | $6.8M | $6.3M | $6.6M | $6.6M | $7.3M | $7.0M |
| Total current assets | $8.3M | $9.4M | $9.0M | $9.7M | $9.7M | $14.0M | $10.4M | $14.3M | $14.2M | $15.1M | $19.4M | $20.3M |
| Property, plant & equipment (net) | $1.3M | $1.6M | $1.5M | $2.1M | $2.2M | $1.0M | $615,501 | $960,141 | $6.9M | $7.1M | $8.5M | $8.7M |
| Goodwill & intangible assets | $5.4M | $5.0M | $5.0M | $9.6M | $10.0M | $10.3M | $8.8M | $11.2M | $16.3M | $16.6M | $16.9M | $17.2M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $2.5M | $3.1M | $3.7M | $3.7M | $4.1M | $4.8M | $7.9M | $5.8M | $5.9M | $6.3M | $6.6M | $7.3M |
| Total assets | $17.5M | $19.1M | $19.3M | $25.1M | $26.0M | $30.3M | $27.7M | $32.3M | $43.3M | $45.2M | $51.4M | $53.5M |
| Liabilities | ||||||||||||
| Accounts payable | $4.4M | $4.3M | $4.3M | $4.0M | $4.7M | $4.8M | $11.2M | $12.2M | $11.5M | $11.2M | $12.6M | $12.5M |
| Short-term debt | $698,680 | $767,416 | — | $1.5M | $1.0M | $1.1M | — | $6.3M | $5.9M | $5.3M | $4.6M | $1.8M |
| Deferred revenue | $540,780 | $3.9M | — | $3.8M | $3.3M | $4.2M | — | $4.3M | $3.2M | $3.3M | $2.8M | $2.9M |
| Total current liabilities | $10.4M | $9.5M | $10.5M | $9.8M | $9.6M | $10.7M | $29.7M | $27.5M | $27.7M | $24.7M | $24.1M | $23.4M |
| Long-term debt | $560,350 | $136,635 | $137,541 | $1.3M | $1.4M | $1.8M | $141,083 | $141,949 | $0 | $0 | $0 | $0 |
| Lease obligations | $866,774 | $1.0M | $1.0M | $1.5M | $1.5M | $680,628 | $276,940 | $515,537 | — | — | — | — |
| Other long-term liabilities | $4.3M | $5.2M | $6.3M | $6.5M | $6.9M | $6.2M | $6.9M | $7.1M | $12.6M | $12.9M | $8.3M | $7.6M |
| Total liabilities | $15.3M | $14.8M | $17.0M | $17.6M | $17.8M | $18.7M | $36.8M | $34.7M | $40.3M | $37.6M | $32.5M | $31.0M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2,857 | $527 | — | $1,727 | $1,727 | $5,780 | — | $4,025 | $3,502 | $2,880 | $2,801 | $2,801 |
| Retained earnings (deficit) | −$152.2M | −$147.6M | −$144.2M | −$138.8M | −$137.8M | −$133.2M | −$137.5M | −$130.2M | −$126.7M | −$121.6M | −$110.2M | −$106.5M |
| Minority interest | $0 | $0 | −$1.9M | −$1.1M | −$1.1M | — | — | — | — | — | — | — |
| Total shareholders' equity | $2.3M | $4.3M | $4.3M | $8.6M | $9.3M | $12.8M | −$7.8M | −$1.2M | $2.3M | $6.9M | $18.2M | $21.8M |
| Key figures | ||||||||||||
| Total debt | $1.9M | $1.7M | $137,541 | $4.0M | $3.8M | $3.5M | $141,083 | $6.9M | $11.5M | $11.0M | $5.8M | $2.8M |
| Net cash (debt) | −$1.1M | −$451,717 | $619,828 | −$3.2M | −$3.2M | $297,724 | $78,228 | −$6.5M | −$11.0M | −$10.0M | −$3.6M | $103,923 |
| Working capital | −$2.1M | −$63,091 | −$1.5M | −$115,393 | $119,506 | $3.4M | −$19.4M | −$13.2M | −$13.4M | −$9.6M | −$4.8M | −$3.1M |
| Tangible book value | −$3.1M | −$734,529 | −$775,875 | −$1.0M | −$682,089 | $2.4M | −$16.6M | −$12.3M | −$14.0M | −$9.7M | $1.3M | $4.6M |
| Book value per share | — | — | $30.84 | $29.86 | $3.94 | — | — | — | — | — | — | — |
| Shares outstanding | — | — | 138K | 288K | 2.4M | — | — | — | — | — | — | — |
| Current ratio | 0.80 | 0.99 | 0.86 | 0.99 | 1.01 | 1.32 | 0.35 | 0.52 | 0.51 | 0.61 | 0.80 | 0.87 |
| Quick ratio | 0.22 | 0.56 | 0.12 | 0.57 | 0.55 | 0.81 | 0.03 | 0.21 | 0.20 | 0.22 | 0.28 | 0.32 |
| Debt / equity | 0.85 | 0.39 | 0.03 | 0.47 | 0.41 | 0.27 | — | — | 4.96 | 1.59 | 0.32 | 0.13 |
| Equity / assets | 13.0% | 22.4% | 22.0% | 34.3% | 35.8% | 42.2% | −28.2% | −3.7% | 5.3% | 15.2% | 35.4% | 40.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 13, 2026); data from EODHD.
KUST financial position
At the end of fiscal 2025 (December 31, 2025), Kustom Entertainment had total assets of $19.3 million (down 30.3% from a year earlier), total liabilities of $17.0 million and shareholders' equity of $4.3 million. It held $0.8 million in cash and short-term investments against $2.3 million of debt, net debt of $1.5 million. Its current ratio was 0.86. In the latest quarter (ended June 30, 2026) total assets were $17.5 million and equity $2.3 million.
Related: KUST income statement, KUST cash flow statement, KUST key metrics. See the KUST stock overview for the latest quote and news.
KUST balance sheet FAQ
What are Kustom Entertainment's total assets?
Kustom Entertainment reported total assets of $19.3 million at the end of fiscal 2025 (December 31, 2025), compared with $27.7 million a year earlier.
How much debt does Kustom Entertainment have?
Kustom Entertainment had $2.3 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.53.
How much cash does Kustom Entertainment have?
Kustom Entertainment held $0.8 million in cash and short-term investments at the end of fiscal 2025; with $2.3 million of debt that is net debt of $1.5 million.
What is Kustom Entertainment's book value?
Kustom Entertainment's shareholders' equity (book value) was $4.3 million at the end of fiscal 2025, or $21.99 per share.
What is Kustom Entertainment's current ratio?
Kustom Entertainment had current assets of $9.0 million and current liabilities of $10.5 million, a current ratio of 0.86 (current liabilities exceed current assets).
How much goodwill does Kustom Entertainment have?
Kustom Entertainment carried $5.0 million of goodwill and intangible assets, 26.0% of total assets, at the end of fiscal 2025.