Centrus Energy Corp. (LEU) Balance Sheet
LEU balance sheet, 2025
December 31, 2025 · U.S. dollars$2.45B assets = $1.68B liabilities + $765.1M equity
Both columns are drawn to the same scale: what LEU owns equals what it owes plus shareholders’ equity. Hover a block for its value.
LEU financial health
Descriptive bands, not a rating. Fiscal 2025.
LEU balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $713.5M2016 | $2.45B2025 | +14.7%/yr | |
| Total liabilities | $949.6M2016 | $1.68B2025 | +6.5%/yr | |
| Shareholders’ equity | −$236.1M2016 | $765.1M2025 | — | |
| Cash & short-term investments | $260.7M2016 | $1.96B2025 | +25.1%/yr | |
| Total debt | $332.3M2016 | $1.22B2025 | +15.5%/yr | |
| Net cash (debt) | −$71.6M2016 | $742.0M2025 | +$813.6M | |
| Working capital | $234.9M2016 | $1.94B2025 | +$1.7B | |
| Book value per share | −$25.952016 | $38.402025 | — | |
| Current ratio | 1.722016 | 5.592025 | +3.87 | |
| Debt / equity | 5.482023 | 1.592025 | −3.89 | |
| Shares outstanding | 9.1M2016 | 19.9M2025 | +9.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
LEU assets
LEU liabilities and equity
LEU debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
LEU balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $1.96B | $701.4M | $201.2M | $179.9M | $193.8M | $152.0M | $130.7M | $123.1M | $208.8M | $260.7M |
| Cash & equivalents | $1.96B | $701.4M | $201.2M | $179.9M | $193.8M | $152.0M | $130.7M | $123.1M | $208.8M | $260.7M |
| Short-term investments | — | — | — | — | — | — | — | — | $0 | $0 |
| Receivables | $30.7M | $80.0M | $49.4M | $38.1M | $29.1M | $29.6M | $21.1M | $60.2M | $60.2M | $19.9M |
| Inventory | $322.9M | $161.6M | $306.4M | $209.2M | $91.1M | $64.8M | $64.5M | $129.7M | $153.1M | $177.4M |
| Other current assets | $52.8M | $8.3M | $128.4M | $159.9M | $151.9M | $159.7M | $153.3M | $171.5M | $144.8M | $102.6M |
| Total current assets | $2.36B | $951.3M | $685.4M | $587.1M | $465.9M | $406.1M | $369.6M | $484.5M | $566.9M | $560.6M |
| Property, plant & equipment (net) | $29.5M | $11.0M | $7.0M | $5.5M | $5.3M | $4.9M | $3.7M | $4.2M | $4.9M | $6.0M |
| Goodwill & intangible assets | $21.2M | $29.6M | $39.4M | $45.7M | $54.7M | $62.8M | $69.5M | $76.0M | $82.7M | $230.5M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $31.6M | $107.1M | $64.4M | $67.2M | $46.5M | $12.5M | $13.1M | $7.0M | $20.8M | $0 |
| Total assets | $2.45B | $1.10B | $796.2M | $705.5M | $572.4M | $486.3M | $455.9M | $571.7M | $675.3M | $713.5M |
| Liabilities | ||||||||||
| Accounts payable | $10.0M | $5.8M | $6.1M | $5.9M | $4.9M | $4.9M | $7.0M | $3.9M | $53.3M | $46.4M |
| Short-term debt | $40.4M | $47.3M | $21.8M | $19.3M | $7.0M | $8.5M | $8.6M | $32.8M | $80.4M | $98.2M |
| Deferred revenue | $131.1M | $216.4M | $282.6M | $273.2M | $303.1M | $283.2M | $266.3M | $204.5M | $191.8M | $123.6M |
| Total current liabilities | $422.8M | $346.8M | $471.1M | $449.2M | $393.3M | $366.1M | $336.8M | $438.7M | $403.4M | $325.7M |
| Long-term debt | $1.17B | $498.7M | $152.7M | $95.7M | $101.8M | $108.0M | $114.1M | $120.2M | $157.5M | $234.1M |
| Lease obligations | $1.5M | $1.4M | $1.4M | $3.3M | $900,000 | $2.4M | $2.5M | $1.6M | — | — |
| Other long-term liabilities | $83.2M | $92.1M | $140.1M | $234.7M | $219.2M | $332.8M | $341.9M | $334.7M | $333.3M | $389.8M |
| Total liabilities | $1.68B | $937.6M | $763.9M | $779.6M | $714.3M | $806.9M | $792.8M | $893.6M | $894.2M | $949.6M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $2.0M | $1.7M | $1.6M | $1.5M | $1.5M | $1.2M | $900,000 | $900,000 | $900,000 | $900,000 |
| Retained earnings (deficit) | $1.5M | −$76.3M | −$149.5M | −$233.9M | −$284.6M | −$407.7M | −$405.0M | −$388.5M | −$284.5M | −$296.7M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$700,000 | −$500,000 | −$300,000 | $200,000 | $500,000 | $800,000 | $1.1M | −$100,000 | $100,000 | $200,000 |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $765.1M | $161.4M | $32.3M | −$74.1M | −$141.9M | −$320.6M | −$336.9M | −$321.9M | −$218.9M | −$236.1M |
| Key figures | ||||||||||
| Total debt | $1.22B | $547.2M | $177.1M | $169.8M | $134.2M | $116.5M | $122.7M | $153.0M | $237.9M | $332.3M |
| Net cash (debt) | $742.0M | $154.2M | $24.1M | $10.1M | $59.6M | $35.5M | $8.0M | −$29.9M | −$29.1M | −$71.6M |
| Working capital | $1.94B | $604.5M | $214.3M | $137.9M | $72.6M | $40.0M | $32.8M | $45.8M | $163.5M | $234.9M |
| Tangible book value | $743.9M | $131.8M | −$7.1M | −$119.8M | −$196.6M | −$383.4M | −$406.4M | −$397.9M | −$301.6M | −$466.6M |
| Book value per share | $38.40 | $9.86 | $2.08 | −$4.94 | −$10.22 | −$31.67 | −$35.22 | −$35.18 | −$24.11 | −$25.95 |
| Shares outstanding | 19.9M | 16.4M | 15.5M | 15.0M | 13.9M | 10.1M | 9.6M | 9.2M | 9.1M | 9.1M |
| Current ratio | 5.59 | 2.74 | 1.45 | 1.31 | 1.18 | 1.11 | 1.10 | 1.10 | 1.41 | 1.72 |
| Quick ratio | 4.70 | 2.25 | 0.53 | 0.49 | 0.57 | 0.50 | 0.45 | 0.42 | 0.67 | 0.86 |
| Debt / equity | 1.59 | 3.39 | 5.48 | — | — | — | — | — | — | — |
| Equity / assets | 31.3% | 14.7% | 4.1% | −10.5% | −24.8% | −65.9% | −73.9% | −56.3% | −32.4% | −33.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.87B | $1.87B | $1.96B | $1.63B | $833.0M | $653.0M | $701.4M | $194.3M | $227.0M | $209.3M | $201.2M | $183.3M |
| Cash & equivalents | $1.87B | $1.87B | $1.96B | $1.63B | $833.0M | $653.0M | $701.4M | $194.3M | $227.0M | $209.3M | $201.2M | $183.3M |
| Receivables | $25.6M | $41.8M | $30.7M | $60.7M | $31.3M | $38.7M | $80.0M | $19.1M | $34.5M | $19.9M | $49.4M | $9.4M |
| Inventory | $377.1M | $336.0M | $322.9M | $416.3M | $320.5M | $429.6M | $161.6M | $190.7M | $195.3M | $279.2M | $306.4M | $210.8M |
| Other current assets | $45.9M | $49.4M | $52.8M | $55.8M | $65.8M | $101.4M | $8.3M | $112.8M | $135.7M | $148.1M | $128.4M | $128.4M |
| Total current assets | $2.32B | $2.30B | $2.36B | $2.16B | $1.25B | $1.22B | $951.3M | $516.9M | $592.5M | $656.5M | $685.4M | $531.9M |
| Property, plant & equipment (net) | $142.5M | $59.5M | $29.5M | $20.5M | $14.9M | $11.2M | $11.0M | $8.9M | $8.7M | $7.6M | $7.0M | $6.1M |
| Goodwill & intangible assets | $16.9M | $19.4M | $21.2M | $23.7M | $24.8M | $28.5M | $29.6M | $32.2M | $34.6M | $38.3M | $39.4M | $41.5M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $54.5M | $58.9M | $31.6M | $36.1M | $24.5M | $31.5M | $107.1M | $33.0M | $32.4M | $47.6M | $64.4M | $65.2M |
| Total assets | $2.53B | $2.43B | $2.45B | $2.24B | $1.31B | $1.29B | $1.10B | $591.0M | $668.2M | $750.0M | $796.2M | $644.7M |
| Liabilities | ||||||||||||
| Accounts payable | $74.0M | $49.5M | $10.0M | $36.3M | $33.1M | $32.5M | $5.8M | $32.8M | $34.2M | $36.7M | $6.1M | $44.3M |
| Short-term debt | — | $2.5M | $40.4M | $40.3M | $39.8M | $39.8M | $47.3M | $60.7M | $59.1M | $46.3M | $21.8M | $6.1M |
| Deferred revenue | $85.0M | $112.8M | $131.1M | $154.8M | $154.8M | $216.5M | $216.4M | $222.6M | $257.4M | $283.0M | $282.6M | $272.7M |
| Total current liabilities | $429.5M | $401.3M | $422.8M | $626.2M | $482.2M | $577.8M | $346.8M | $316.9M | $389.5M | $455.2M | $471.1M | $337.3M |
| Long-term debt | $1.18B | $1.18B | $1.17B | $1.17B | $390.0M | $417.8M | $498.7M | $110.0M | $112.7M | $124.0M | $152.7M | $164.3M |
| Lease obligations | — | — | $1.5M | — | — | — | $1.4M | — | — | — | $1.4M | — |
| Other long-term liabilities | $78.6M | $80.6M | $83.2M | $82.1M | $83.5M | $84.4M | $92.1M | $87.7M | $89.4M | $137.0M | $140.1M | $167.1M |
| Total liabilities | $1.69B | $1.66B | $1.68B | $1.88B | $955.7M | $1.08B | $937.6M | $514.6M | $591.6M | $716.2M | $763.9M | $668.7M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2.0M | $2.0M | $2.0M | $1.8M | $1.8M | $1.7M | $1.7M | $1.7M | $1.7M | $1.6M | $1.6M | $1.6M |
| Retained earnings (deficit) | $28.3M | $11.5M | $1.5M | −$16.3M | −$20.2M | −$49.1M | −$76.3M | −$130.0M | −$125.0M | −$155.6M | −$149.5M | −$205.8M |
| Accumulated other comprehensive income | −$800,000 | −$700,000 | −$700,000 | −$700,000 | −$600,000 | −$600,000 | −$500,000 | −$500,000 | −$400,000 | −$400,000 | −$300,000 | $0 |
| Total shareholders' equity | $845.4M | $775.2M | $765.1M | $363.1M | $359.1M | $213.9M | $161.4M | $76.4M | $76.6M | $33.8M | $32.3M | −$24.0M |
| Key figures | ||||||||||||
| Total debt | $1.18B | $1.18B | $1.22B | $1.21B | $429.8M | $457.6M | $547.2M | $170.7M | $171.8M | $170.3M | $177.1M | $170.4M |
| Net cash (debt) | $691.0M | $689.6M | $742.0M | $418.0M | $403.2M | $195.4M | $154.2M | $23.6M | $55.2M | $39.0M | $24.1M | $12.9M |
| Working capital | $1.89B | $1.89B | $1.94B | $1.54B | $768.4M | $644.9M | $604.5M | $200.0M | $203.0M | $201.3M | $214.3M | $194.6M |
| Tangible book value | $828.5M | $755.8M | $743.9M | $339.4M | $334.3M | $185.4M | $131.8M | $44.2M | $42.0M | −$4.5M | −$7.1M | −$65.5M |
| Book value per share | $38.62 | $34.54 | $33.96 | $17.56 | $19.82 | $12.55 | $9.62 | $4.65 | $4.72 | $2.12 | $2.05 | −$1.54 |
| Shares outstanding | 21.9M | 22.4M | 22.5M | 20.7M | 18.1M | 17.0M | 16.8M | 16.4M | 16.2M | 15.9M | 15.7M | 15.6M |
| Current ratio | 5.39 | 5.72 | 5.59 | 3.46 | 2.59 | 2.12 | 2.74 | 1.63 | 1.52 | 1.44 | 1.45 | 1.58 |
| Quick ratio | 4.41 | 4.76 | 4.70 | 2.70 | 1.79 | 1.20 | 2.25 | 0.67 | 0.67 | 0.50 | 0.53 | 0.57 |
| Debt / equity | 1.39 | 1.52 | 1.59 | 3.34 | 1.20 | 2.14 | 3.39 | 2.23 | 2.24 | 5.04 | 5.48 | — |
| Equity / assets | 33.4% | 31.9% | 31.3% | 16.2% | 27.3% | 16.5% | 14.7% | 12.9% | 11.5% | 4.5% | 4.1% | −3.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 11, 2026); data from EODHD.
LEU financial position
At the end of fiscal 2025 (December 31, 2025), Centrus Energy had total assets of $2.4 billion (up 122.6% from a year earlier), total liabilities of $1.7 billion and shareholders' equity of $765.1 million. It held $2.0 billion in cash and short-term investments against $1.2 billion of debt, a net cash position of $742.0 million. Its current ratio was 5.59. In the latest quarter (ended June 30, 2026) total assets were $2.5 billion and equity $845.4 million.
Related: LEU income statement, LEU cash flow statement, LEU key metrics. See the LEU stock overview for the latest quote and news.
LEU balance sheet FAQ
What are Centrus Energy's total assets?
Centrus Energy reported total assets of $2.4 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.1 billion a year earlier.
How much debt does Centrus Energy have?
Centrus Energy had $1.2 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.59.
How much cash does Centrus Energy have?
Centrus Energy held $2.0 billion in cash and short-term investments at the end of fiscal 2025; with $1.2 billion of debt that is net cash of $742.0 million.
What is Centrus Energy's book value?
Centrus Energy's shareholders' equity (book value) was $765.1 million at the end of fiscal 2025, or $38.40 per share.
What is Centrus Energy's current ratio?
Centrus Energy had current assets of $2.4 billion and current liabilities of $422.8 million, a current ratio of 5.59 (it can cover its short-term obligations).
How much goodwill does Centrus Energy have?
Centrus Energy carried $21.2 million of goodwill and intangible assets, 0.9% of total assets, at the end of fiscal 2025.