Lite Strategy, Inc. (LITS) Balance Sheet
LITS balance sheet, FY2026
June 30, 2026 · U.S. dollars$42.7M assets = $1.1M liabilities + $41.6M equity
Both columns are drawn to the same scale: what LITS owns equals what it owes plus shareholders’ equity. Hover a block for its value.
LITS financial health
Descriptive bands, not a rating. Fiscal FY2026.
LITS balance sheet trends, FY2021–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $174.1MFY2021 | $42.7MFY2026 | −24.5%/yr | |
| Total liabilities | $124.6MFY2021 | $1.1MFY2026 | −61.4%/yr | |
| Shareholders’ equity | $49.5MFY2021 | $41.6MFY2026 | −3.4%/yr | |
| Cash & short-term investments | $153.4MFY2021 | $5.7MFY2026 | −48.2%/yr | |
| Total debt | $8.3MFY2021 | $12.7MFY2023 | +23.8%/yr | |
| Net cash (debt) | $145.1MFY2021 | $88.0MFY2023 | −$57.2M | |
| Working capital | $144.6MFY2021 | $5.1MFY2026 | −$139.5M | |
| Book value per share | $8.38FY2022 | $1.20FY2026 | −38.4%/yr | |
| Current ratio | 8.15FY2021 | 5.74FY2026 | −2.41 | |
| Debt / equity | 0.17FY2021 | 0.52FY2023 | +0.35 | |
| Shares outstanding | 6.3MFY2022 | 34.6MFY2026 | +53.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
LITS assets
LITS liabilities and equity
LITS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
LITS balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & short-term investments | $5.7M | $18.0M | $38.3M | $100.7M | $153.3M | $153.4M |
| Cash & equivalents | $5.7M | $18.0M | $3.7M | $16.9M | $15.7M | $8.5M |
| Short-term investments | — | $0 | $34.6M | $83.8M | $137.5M | $144.9M |
| Receivables | $0 | $0 | $0 | $85,000 | $10.0M | $7.6M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $435,000 | $274,000 | $2.4M | $6.8M | $3.8M | $3.8M |
| Total current assets | $6.1M | $18.3M | $40.8M | $107.5M | $167.1M | $164.8M |
| Property, plant & equipment (net) | $0 | $0 | $606,000 | $13.3M | $10.7M | $9.3M |
| Goodwill & intangible assets | $27.3M | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $9.3M | $0 | $0 | $0 | $0 | $0 |
| Total assets | $42.7M | $18.3M | $41.4M | $120.8M | $177.8M | $174.1M |
| Liabilities | ||||||
| Accounts payable | $261,000 | $176,000 | $3.2M | $6.1M | $7.9M | $6.4M |
| Short-term debt | — | — | — | $1.4M | $871,000 | $928,000 |
| Deferred revenue | — | — | — | $317,000 | $4.8M | $4.5M |
| Total current liabilities | $1.1M | $1.4M | $8.4M | $20.3M | $24.4M | $20.2M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | — | $0 | $12.7M | $9.6M | $8.3M |
| Other long-term liabilities | $0 | $0 | $0 | $75.8M | $101.0M | $104.4M |
| Total liabilities | $1.1M | $1.4M | $8.4M | $96.2M | $125.4M | $124.6M |
| Shareholders' equity | ||||||
| Retained earnings (deficit) | −$475.3M | −$404.2M | −$388.2M | −$406.0M | −$374.2M | −$319.7M |
| Total shareholders' equity | $41.6M | $16.9M | $33.0M | $24.6M | $52.4M | $49.5M |
| Key figures | ||||||
| Total debt | — | — | — | $12.7M | $9.6M | $8.3M |
| Net cash (debt) | — | — | — | $88.0M | $143.6M | $145.1M |
| Working capital | $5.1M | $16.9M | $32.4M | $87.2M | $142.7M | $144.6M |
| Tangible book value | $14.4M | $16.9M | $33.0M | $24.6M | $52.4M | $49.5M |
| Book value per share | $1.20 | $2.54 | $4.96 | $3.70 | $8.38 | — |
| Shares outstanding | 34.6M | 6.7M | 6.7M | 6.7M | 6.3M | — |
| Current ratio | 5.74 | 13.50 | 4.88 | 5.29 | 6.84 | 8.15 |
| Quick ratio | 5.34 | 13.30 | 4.59 | 4.95 | 6.68 | 7.97 |
| Debt / equity | — | — | — | 0.52 | 0.18 | 0.17 |
| Equity / assets | 97.5% | 92.6% | 79.8% | 20.4% | 29.5% | 28.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & short-term investments | $5.7M | $7.5M | $8.8M | $10.1M | $18.0M | $20.5M | $23.7M | $26.9M | $38.3M | $56.6M | $59.5M |
| Cash & equivalents | $5.7M | $7.5M | $8.8M | $10.1M | $18.0M | $20.5M | $23.7M | $7.0M | $3.7M | $2.4M | $5.2M |
| Short-term investments | — | $2.1M | — | — | $0 | $0 | $0 | $20.0M | $34.6M | $54.2M | $54.3M |
| Receivables | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $435,000 | $3.4M | $2.2M | $3.1M | $274,000 | $307,000 | $646,000 | $840,000 | $2.4M | $2.8M | $6.7M |
| Total current assets | $6.1M | $11.0M | $10.9M | $13.2M | $18.3M | $20.8M | $24.4M | $27.7M | $40.8M | $59.4M | $66.2M |
| Property, plant & equipment (net) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5,000 | $606,000 | $11.9M | $12.4M |
| Goodwill & intangible assets | $27.3M | $38.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $38.2M | $64.0M | $99.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $9.3M | $0 | $8.1M | $732,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $42.7M | $57.8M | $82.9M | $113.3M | $18.3M | $20.8M | $24.4M | $27.8M | $41.4M | $71.3M | $78.5M |
| Liabilities | |||||||||||
| Accounts payable | $261,000 | $253,000 | $327,000 | $503,000 | $176,000 | $177,000 | $596,000 | $976,000 | $3.2M | $3.2M | $1.4M |
| Short-term debt | — | — | — | — | — | — | — | — | — | $1.1M | $1.0M |
| Total current liabilities | $1.1M | $952,000 | $1.1M | $1.1M | $1.4M | $1.2M | $2.3M | $2.9M | $8.4M | $9.6M | $8.0M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | — | — | — | — | — | — | — | $0 | $11.7M | — |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10.6M | $11.0M |
| Total liabilities | $1.1M | $952,000 | $1.1M | $1.1M | $1.4M | $1.2M | $2.3M | $2.9M | $8.4M | $20.2M | $19.1M |
| Shareholders' equity | |||||||||||
| Retained earnings (deficit) | −$475.3M | −$462.3M | −$438.6M | −$407.8M | −$404.2M | −$401.5M | −$398.9M | −$396.2M | −$388.2M | −$369.8M | −$360.7M |
| Total shareholders' equity | $41.6M | $56.8M | $81.8M | $112.3M | $16.9M | $19.5M | $22.1M | $24.9M | $33.0M | $51.0M | $59.5M |
| Key figures | |||||||||||
| Total debt | — | — | — | — | — | — | — | — | — | $11.7M | $12.0M |
| Net cash (debt) | — | — | — | — | — | — | — | — | — | $44.9M | $47.5M |
| Working capital | $5.1M | $10.0M | $9.8M | $12.2M | $16.9M | $19.5M | $22.1M | $24.9M | $32.4M | $49.8M | $58.1M |
| Tangible book value | $14.4M | $18.6M | $81.8M | $112.3M | $16.9M | $19.5M | $22.1M | $24.9M | $33.0M | $51.0M | $59.5M |
| Book value per share | $1.20 | $8.53 | $12.28 | $16.85 | $2.54 | $2.93 | $3.32 | $3.73 | $4.96 | $7.66 | $8.93 |
| Shares outstanding | 34.6M | 6.7M | 6.7M | 6.7M | 6.7M | 6.7M | 6.7M | 6.7M | 6.7M | 6.7M | 6.7M |
| Current ratio | 5.74 | 11.53 | 10.04 | 12.39 | 13.50 | 16.78 | 10.66 | 9.66 | 4.88 | 6.17 | 8.23 |
| Quick ratio | 5.34 | 7.92 | 8.06 | 9.47 | 13.30 | 16.54 | 10.38 | 9.37 | 4.59 | 5.88 | 7.40 |
| Debt / equity | — | — | — | — | — | — | — | — | — | 0.23 | 0.20 |
| Equity / assets | 97.5% | 98.4% | 98.7% | 99.1% | 92.6% | 94.0% | 90.6% | 89.7% | 79.8% | 71.6% | 75.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed June 30, 2026); data from EODHD.
LITS financial position
At the end of fiscal 2026 (June 30, 2026), Lite Strategy had total assets of $42.7 million (up 133.5% from a year earlier), total liabilities of $1.1 million and shareholders' equity of $41.6 million. Its current ratio was 5.74.
Related: LITS income statement, LITS cash flow statement, LITS key metrics. See the LITS stock overview for the latest quote and news.
LITS balance sheet FAQ
What are Lite Strategy's total assets?
Lite Strategy reported total assets of $42.7 million at the end of fiscal 2026 (June 30, 2026), compared with $18.3 million a year earlier.
How much cash does Lite Strategy have?
Lite Strategy held $5.7 million in cash and short-term investments at the end of fiscal 2026.
What is Lite Strategy's book value?
Lite Strategy's shareholders' equity (book value) was $41.6 million at the end of fiscal 2026, or $1.20 per share.
What is Lite Strategy's current ratio?
Lite Strategy had current assets of $6.1 million and current liabilities of $1.1 million, a current ratio of 5.74 (it can cover its short-term obligations).
How much goodwill does Lite Strategy have?
Lite Strategy carried $27.3 million of goodwill and intangible assets, 63.9% of total assets, at the end of fiscal 2026.