The LGL Group, Inc. (LGL) Balance Sheet
LGL balance sheet, 2025
December 31, 2025 · U.S. dollars$46.8M assets = $1.2M liabilities + $45.6M equity
Both columns are drawn to the same scale: what LGL owns equals what it owes plus shareholders’ equity. Hover a block for its value.
LGL financial health
Descriptive bands, not a rating. Fiscal 2025.
LGL balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $16.6M2016 | $46.8M2025 | +12.2%/yr | |
| Total liabilities | $2.8M2016 | $1.2M2025 | −8.7%/yr | |
| Shareholders’ equity | $13.9M2016 | $43.5M2025 | +13.5%/yr | |
| Cash & short-term investments | $5.5M2016 | $41.5M2025 | +25.1%/yr | |
| Total debt | $02016 | $02025 | — | |
| Net cash (debt) | $5.5M2016 | $41.5M2025 | +$36.0M | |
| Working capital | $10.1M2016 | $45.4M2025 | +$35.3M | |
| Book value per share | $5.212016 | $6.792025 | +3.0%/yr | |
| Debt / equity | 0.002016 | 0.002025 | 0.00 | |
| Shares outstanding | 2.7M2016 | 6.4M2025 | +10.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
LGL assets
LGL liabilities and equity
LGL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
LGL balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $41.5M | $41.6M | $40.7M | $38.1M | $42.5M | $24.1M | $18.1M | $19.3M | $17.1M | $5.5M |
| Cash & equivalents | $41.5M | $41.6M | $40.7M | $21.5M | $26.4M | $18.3M | $12.5M | $3.0M | $13.2M | $2.8M |
| Short-term investments | $36,000 | $17,000 | $22,000 | $16.6M | $16.2M | $5.8M | $5.6M | $16.3M | $3.8M | $2.8M |
| Receivables | $572,000 | $493,000 | $356,000 | $543,000 | $672,000 | $4.1M | $4.4M | $3.4M | $3.4M | $3.5M |
| Inventory | $297,000 | $267,000 | $204,000 | $265,000 | $271,000 | $5.3M | $6.0M | $4.5M | $3.9M | $3.6M |
| Other current assets | $3.9M | $280,000 | $273,000 | $440,000 | $12.4M | $257,000 | $365,000 | $242,000 | $229,000 | $200,000 |
| Total current assets | $46.3M | $42.6M | $41.6M | $39.3M | $55.8M | $33.8M | $28.9M | $27.4M | $24.6M | $12.9M |
| Property, plant & equipment (net) | $247,000 | $308,000 | $75,000 | $133,000 | $179,000 | $3.2M | $3.2M | $2.1M | $2.2M | $2.7M |
| Goodwill & intangible assets | $15,000 | $36,000 | $57,000 | $78,000 | $140,000 | $367,000 | $402,000 | $477,000 | $552,000 | $628,000 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $3.1M | $3.3M | $0 | $0 | $0 |
| Other non-current assets | $190,000 | $159,000 | $171,000 | $265,000 | $4.7M | $3.0M | $3.5M | $127,000 | $274,000 | $417,000 |
| Total assets | $46.8M | $43.1M | $41.9M | $39.8M | $60.9M | $43.5M | $39.3M | $30.1M | $27.6M | $16.6M |
| Liabilities | ||||||||||
| Accounts payable | $366,000 | $333,000 | $93,000 | $310,000 | $60,000 | $1.3M | $1.9M | $1.4M | $1.5M | $1.5M |
| Short-term debt | $0 | $73,000 | $61,000 | $62,000 | $62,000 | $422,000 | $331,000 | $0 | $0 | $0 |
| Deferred revenue | — | — | $41,000 | $234,000 | −$62,000 | −$422,000 | −$331,000 | — | — | — |
| Total current liabilities | $915,000 | $904,000 | $474,000 | $587,000 | $4.4M | $3.4M | $4.3M | $2.8M | $2.6M | $2.8M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $293,000 | $0 | $0 | $0 | $0 |
| Lease obligations | — | — | — | — | — | $293,000 | $240,000 | — | — | — |
| Other long-term liabilities | $296,000 | $1.0M | $713,000 | $739,000 | $1.7M | $0 | $118,000 | $1.4M | $1.5M | $1.5M |
| Total liabilities | $1.2M | $1.9M | $1.2M | $1.3M | $6.1M | $3.7M | $4.4M | $2.8M | $2.6M | $2.8M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $61,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $50,000 | $49,000 | $47,000 | $27,000 |
| Retained earnings (deficit) | −$5.9M | −$6.6M | −$7.1M | −$7.3M | $9.5M | −$5.2M | −$6.2M | −$13.2M | −$14.6M | −$14.7M |
| Treasury stock | — | — | — | — | −$580,000 | −$580,000 | −$580,000 | −$580,000 | −$580,000 | −$580,000 |
| Accumulated other comprehensive income | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $35,000 | −$3,000 |
| Minority interest | $2.1M | $2.0M | $1.9M | $0 | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $43.5M | $39.2M | $38.8M | $38.5M | $54.7M | $39.8M | $34.9M | $27.3M | $24.9M | $13.9M |
| Key figures | ||||||||||
| Total debt | $0 | $308,000 | $75,000 | $132,000 | $178,000 | $715,000 | $331,000 | $0 | $0 | $0 |
| Net cash (debt) | $41.5M | $41.3M | $40.7M | $38.0M | $42.4M | $23.4M | $17.8M | $19.3M | $17.1M | $5.5M |
| Working capital | $45.4M | $41.7M | $41.1M | $38.8M | $51.4M | $30.4M | $24.6M | $24.6M | $21.9M | $10.1M |
| Tangible book value | $43.5M | $39.2M | $38.7M | $38.4M | $54.6M | $39.4M | $34.5M | $26.8M | $24.4M | $13.3M |
| Book value per share | $6.79 | $7.06 | $7.24 | $7.21 | $10.26 | $7.62 | $7.01 | $5.60 | $8.21 | $5.21 |
| Shares outstanding | 6.4M | 5.6M | 5.4M | 5.3M | 5.3M | 5.2M | 5.0M | 4.9M | 3.0M | 2.7M |
| Current ratio | 50.63 | 47.17 | 87.69 | 67.02 | 12.62 | 9.94 | 6.69 | 9.95 | 9.35 | 4.68 |
| Quick ratio | 46.03 | 46.57 | 86.69 | 65.82 | 9.76 | 8.31 | 5.21 | 8.24 | 7.78 | 3.29 |
| Debt / equity | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 |
| Equity / assets | 93.0% | 90.9% | 92.6% | 96.7% | 90.0% | 91.5% | 88.7% | 90.8% | 90.5% | 83.4% |
| 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 | $45.5M | $46.7M | $41.5M | $41.6M | $41.8M | $41.9M | $41.6M | $41.6M | $41.1M | $40.9M | $40.7M | $40.8M |
| Cash & equivalents | $45.4M | $46.6M | $41.5M | $41.6M | $41.7M | $41.9M | $41.6M | $41.6M | $41.1M | $40.9M | $40.7M | $40.8M |
| Short-term investments | $41,000 | $50,000 | $36,000 | $30,000 | $26,000 | $20,000 | $17,000 | $16,000 | $18,000 | $19,000 | $22,000 | $22,000 |
| Receivables | $538,000 | $284,000 | $572,000 | $460,000 | $263,000 | $306,000 | $493,000 | $133,000 | $339,000 | $269,000 | $356,000 | $273,000 |
| Inventory | $628,000 | $278,000 | $297,000 | $268,000 | $254,000 | $241,000 | $267,000 | $338,000 | $336,000 | $213,000 | $204,000 | $191,000 |
| Other current assets | $364,000 | $258,000 | $3.9M | $517,000 | $237,000 | $328,000 | $280,000 | $185,000 | $236,000 | $315,000 | $273,000 | $239,000 |
| Total current assets | $47.0M | $47.5M | $46.3M | $42.8M | $42.5M | $42.8M | $42.6M | $42.3M | $42.0M | $41.7M | $41.6M | $41.5M |
| Property, plant & equipment (net) | $237,000 | $231,000 | $247,000 | $257,000 | $276,000 | $293,000 | $308,000 | $21,000 | $41,000 | $61,000 | $75,000 | $71,000 |
| Goodwill & intangible assets | $4,000 | $9,000 | $15,000 | $20,000 | $25,000 | $30,000 | $36,000 | $41,000 | $46,000 | $52,000 | $57,000 | $63,000 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $2.4M | $367,000 | $190,000 | $161,000 | $214,000 | $159,000 | $159,000 | $149,000 | $157,000 | $151,000 | $152,000 | $186,000 |
| Total assets | $49.7M | $48.1M | $46.8M | $43.3M | $43.0M | $43.3M | $43.1M | $42.5M | $42.2M | $42.0M | $41.9M | $41.8M |
| Liabilities | ||||||||||||
| Accounts payable | $1.0M | $690,000 | $366,000 | $527,000 | $277,000 | $485,000 | $333,000 | $264,000 | $223,000 | $235,000 | $93,000 | $215,000 |
| Short-term debt | — | — | $0 | $0 | $0 | $0 | $73,000 | $0 | — | $61,000 | — | — |
| Deferred revenue | — | — | — | — | — | — | — | — | — | $41,000 | — | — |
| Total current liabilities | $1.8M | $1.2M | $915,000 | $1.1M | $881,000 | $1.0M | $904,000 | $739,000 | $621,000 | $516,000 | $474,000 | $611,000 |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $286,000 | $283,000 | $296,000 | $296,999 | $1.0M | $1.0M | $1.0M | $743,000 | $722,000 | $701,000 | $694,000 | $692,000 |
| Total liabilities | $2.1M | $1.5M | $1.2M | $1.4M | $1.9M | $2.0M | $1.9M | $1.5M | $1.3M | $1.2M | $1.2M | $1.3M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $65,000 | $64,000 | $61,000 | $54,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | — | $53,000 |
| Retained earnings (deficit) | −$6.9M | −$6.6M | −$5.9M | −$5.9M | −$6.7M | −$6.6M | −$6.6M | −$6.8M | −$6.9M | −$7.0M | −$7.1M | −$7.2M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | — | $0 | — | $0 |
| Minority interest | $3.2M | $2.1M | $2.1M | $2.1M | $2.0M | — | — | — | — | — | — | — |
| Total shareholders' equity | $44.3M | $44.5M | $43.5M | $39.8M | $39.1M | $39.2M | $39.2M | $39.0M | $38.9M | $38.8M | $38.8M | $38.6M |
| Key figures | ||||||||||||
| Total debt | — | — | $0 | $0 | $0 | $0 | $308,000 | $0 | — | $75,000 | — | — |
| Net cash (debt) | — | — | $41.5M | $41.6M | $41.8M | $41.9M | $41.3M | $41.6M | — | $40.8M | — | — |
| Working capital | $45.2M | $46.3M | $45.4M | $41.8M | $41.6M | $41.8M | $41.7M | $41.5M | $41.4M | $41.2M | $41.1M | $40.9M |
| Tangible book value | $44.3M | $44.5M | $43.5M | $39.8M | $39.1M | $39.2M | $39.2M | $39.0M | $38.9M | $38.7M | $38.7M | $38.6M |
| Book value per share | $6.92 | $6.95 | $6.79 | $7.02 | $7.30 | $7.33 | $7.06 | $7.05 | $7.10 | $6.92 | $7.21 | $7.21 |
| Shares outstanding | 6.4M | 6.4M | 6.4M | 5.7M | 5.4M | 5.4M | 5.6M | 5.5M | 5.5M | 5.6M | 5.4M | 5.4M |
| Current ratio | 25.96 | 39.24 | 50.63 | 39.64 | 48.26 | 42.27 | 47.17 | 57.20 | 67.64 | 80.79 | 87.69 | 67.92 |
| Quick ratio | 25.41 | 38.79 | 46.03 | 38.91 | 47.70 | 41.71 | 46.57 | 56.50 | 66.72 | 79.77 | 86.69 | 67.22 |
| Debt / equity | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | — | 0.00 | — | — |
| Equity / assets | 89.2% | 92.5% | 93.0% | 92.1% | 90.9% | 90.6% | 90.9% | 91.8% | 92.2% | 92.5% | 92.6% | 92.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 30, 2026); data from EODHD.
LGL financial position
At the end of fiscal 2025 (December 31, 2025), LGL had total assets of $46.8 million (up 8.4% from a year earlier), total liabilities of $1.2 million and shareholders' equity of $43.5 million. It held $41.5 million in cash and short-term investments against $0 of debt, a net cash position of $41.5 million. Its current ratio was 50.63. In the latest quarter (ended June 30, 2026) total assets were $49.7 million and equity $44.3 million.
Related: LGL income statement, LGL cash flow statement, LGL key metrics. See the LGL stock overview for the latest quote and news.
LGL balance sheet FAQ
What are LGL's total assets?
LGL reported total assets of $46.8 million at the end of fiscal 2025 (December 31, 2025), compared with $43.1 million a year earlier.
How much debt does LGL have?
LGL had $0 of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.00.
How much cash does LGL have?
LGL held $41.5 million in cash and short-term investments at the end of fiscal 2025; with $0 of debt that is net cash of $41.5 million.
What is LGL's book value?
LGL's shareholders' equity (book value) was $43.5 million at the end of fiscal 2025, or $6.79 per share.
What is LGL's current ratio?
LGL had current assets of $46.3 million and current liabilities of $0.9 million, a current ratio of 50.63 (it can cover its short-term obligations).
How much goodwill does LGL have?
LGL carried $0.0 million of goodwill and intangible assets, 0.0% of total assets, at the end of fiscal 2025.