Manhattan Bridge Capital, Inc. (LOAN) Balance Sheet
LOAN balance sheet, 2025
December 31, 2025 · U.S. dollars$62.4M assets = $19.3M liabilities + $43.1M equity
Both columns are drawn to the same scale: what LOAN owns equals what it owes plus shareholders’ equity. Hover a block for its value.
LOAN financial health
Descriptive bands, not a rating. Fiscal 2025.
LOAN balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $35.3M2016 | $62.4M2025 | +6.5%/yr | |
| Total liabilities | $13.0M2016 | $19.3M2025 | +4.4%/yr | |
| Shareholders’ equity | $22.3M2016 | $43.1M2025 | +7.6%/yr | |
| Cash & short-term investments | $96,2992016 | $204.9M2025 | +134.3%/yr | |
| Total debt | $11.8M2016 | $17.8M2025 | +4.7%/yr | |
| Net cash (debt) | −$11.7M2016 | $187.1M2025 | +$198.8M | |
| Working capital | $20.3M2016 | $1.8M2025 | −$18.4M | |
| Book value per share | $2.932016 | $3.772025 | +2.8%/yr | |
| Debt / equity | 0.532016 | 0.412025 | −0.12 | |
| Shares outstanding | 7.6M2016 | 11.4M2025 | +4.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
LOAN assets
LOAN liabilities and equity
LOAN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
LOAN balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $204.9M | $178,012 | $1.7M | $103,540 | $142,546 | $131,654 | $118,407 | $203,682 | $136,441 | $96,299 |
| Cash & equivalents | $204.9M | $178,012 | $104,222 | $103,540 | $142,546 | $131,654 | $118,407 | $203,682 | $136,441 | $96,299 |
| Short-term investments | — | $177.8M | $1.6M | — | — | — | — | $0 | $0 | $35,000 |
| Receivables | $60.22B | $66.0M | $1.4M | $1.4M | $65.7M | $827,236 | $675,996 | $596,777 | $535,045 | $27.8M |
| Inventory | $0 | $0 | $0 | $0 | $1 | $1.3M | $0 | $0 | $1 | $27.5M |
| Other current assets | $0 | $1.5M | $3.0M | $0 | $955,443 | $0 | $0 | $55.0M | $45.1M | $0 |
| Total current assets | $1.9M | $67.7M | $6.1M | $1.5M | $66.8M | $958,890 | $794,403 | $55.8M | $45.8M | $28.0M |
| Property, plant & equipment (net) | $101.2M | $154,039 | $207,364 | $262,222 | $317,080 | $369,699 | $87,754 | $0 | $0 | $7,980 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15,000 | $7.3M |
| Other non-current assets | $0 | $78,251 | $70.2M | $74.6M | $75,284 | $58.5M | $53.6M | $115,171 | $86,210 | $98,009 |
| Total assets | $62.4M | $67.9M | $76.4M | $76.3M | $67.2M | $59.8M | $54.4M | $55.9M | $45.9M | $35.3M |
| Liabilities | ||||||||||
| Accounts payable | $173,247 | $232,236 | $295,292 | $289,868 | $154,169 | $168,940 | $151,823 | $183,716 | $167,559 | $105,541 |
| Short-term debt | $60,926 | $60,926 | $61,526 | $30.7M | $21.3M | $20.3M | $20.8M | $16.6M | $16.9M | $6.5M |
| Deferred revenue | — | — | $719,019 | $669,128 | $580,461 | $367,638 | $322,119 | $404,676 | $298,471 | $315,411 |
| Total current liabilities | $60,926 | $2.2M | $1.6M | $31.0M | $2.2M | $20.8M | $21.2M | $23.8M | $18.3M | $7.7M |
| Long-term debt | $50,000 | $6.0M | $5.8M | $5.8M | $5.7M | $5.6M | $5.5M | $5.5M | $5.4M | $5.3M |
| Lease obligations | $112,076 | $167,119 | $220,527 | $273,485 | $324,248 | $372,907 | $91,025 | — | — | — |
| Other long-term liabilities | $19.1M | $16.5M | $25.3M | $25.3M | $16.0M | $372,907 | $0 | $0 | $0 | $1 |
| Total liabilities | $19.3M | $24.7M | $33.5M | $33.4M | $23.8M | $27.9M | $22.5M | $23.8M | $23.7M | $13.0M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $11,757 | $11,757 | $11,757 | $11,757 | $11,757 | $9,882 | $9,882 | $9,874 | $8,319 | $8,312 |
| Retained earnings (deficit) | −$1.4M | −$1.2M | −$1.6M | −$1.9M | −$1.3M | −$403,849 | −$590,808 | −$448,801 | −$387,666 | −$459,100 |
| Treasury stock | — | — | — | −$798,939 | — | −$798,939 | −$619,688 | −$590,234 | −$541,491 | −$369,335 |
| Accumulated other comprehensive income | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $22.2M | $0 |
| Minority interest | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Total shareholders' equity | $43.1M | $43.3M | $42.9M | $42.9M | $43.4M | $32.0M | $31.9M | $32.1M | $22.2M | $22.3M |
| Key figures | ||||||||||
| Total debt | $17.8M | $22.5M | $31.2M | $36.5M | $21.6M | $26.3M | $26.3M | $22.1M | $22.3M | $11.8M |
| Net cash (debt) | $187.1M | −$22.4M | −$29.5M | −$36.4M | −$21.5M | −$26.2M | −$26.2M | −$21.9M | −$22.2M | −$11.7M |
| Working capital | $1.8M | $65.5M | $4.5M | −$29.6M | $64.6M | −$19.9M | −$20.4M | $32.0M | $27.5M | $20.3M |
| Tangible book value | $43.1M | $43.3M | $42.9M | $42.9M | $43.4M | $32.0M | $31.9M | $32.1M | $22.2M | $22.3M |
| Book value per share | $3.77 | $3.78 | $3.74 | $3.73 | $4.12 | $3.32 | $3.31 | $3.65 | $2.74 | $2.93 |
| Shares outstanding | 11.4M | 11.4M | 11.5M | 11.5M | 10.5M | 9.6M | 9.7M | 8.8M | 8.1M | 7.6M |
| Current ratio | 30.71 | 31.09 | 3.84 | 0.05 | 30.77 | 0.05 | 0.04 | 2.34 | 2.51 | 3.62 |
| Quick ratio | 991,756.06 | 30.38 | 1.95 | 0.05 | 30.33 | 0.05 | 0.04 | 0.03 | 0.04 | 3.62 |
| Debt / equity | 0.41 | 0.52 | 0.73 | 0.85 | 0.50 | 0.82 | 0.82 | 0.69 | 1.00 | 0.53 |
| Equity / assets | 69.1% | 63.7% | 56.2% | 56.2% | 64.6% | 53.4% | 58.7% | 57.4% | 48.5% | 63.2% |
| 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 | $229,547 | $183,952 | $204.9M | $186,435 | $208,767 | $201,363 | $178,012 | $167,863 | $105,929 | $87,097 | $104,222 | $133,147 |
| Cash & equivalents | $229,547 | $183,952 | $204.9M | $186,435 | $208,767 | $201,363 | $178,012 | $167,863 | $105,929 | $87,097 | $104,222 | $133,147 |
| Receivables | $63.4M | $1.8M | $60.22B | $58.0M | $65.2M | $63.7M | $66.0M | $68.7M | $66.9M | $72.6M | $73.0M | $70.8M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $1 | $0 | $1 |
| Other current assets | $27,000 | $60.1M | $0 | $0 | $1.9M | $1.6M | $1.5M | $1.5M | $1.5M | $1.8M | $3.0M | $1.3M |
| Total current assets | $63.7M | $62.1M | $1.9M | $58.1M | $67.3M | $65.5M | $67.7M | $70.4M | $68.5M | $74.5M | $76.1M | $72.3M |
| Property, plant & equipment (net) | $74,819 | $88,023 | $101.2M | $114,429 | $127,633 | $140,836 | $154,039 | $167,243 | $180,446 | $193,650 | $207,364 | $221,079 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $251,508 | $2.0M | $0 | $1.7M | $162,352 | $132,348 | $78,251 | $118,816 | $157,422 | $122,134 | $91,219 | $130,795 |
| Total assets | $64.0M | $64.3M | $62.4M | $60.0M | $67.6M | $65.8M | $67.9M | $70.7M | $68.8M | $74.8M | $76.4M | $72.6M |
| Liabilities | ||||||||||||
| Accounts payable | $190,000 | $192,895 | $173,247 | $171,558 | $198,622 | $194,801 | $232,236 | $211,786 | $242,248 | $263,692 | $295,292 | $236,186 |
| Short-term debt | $19.3M | $19.4M | $60,926 | $9.0M | $16.5M | $14.8M | $60,926 | $19.2M | $17.3M | $23.5M | $123,052 | $21.4M |
| Deferred revenue | — | — | — | — | — | — | — | — | −$17.3M | $655,023 | $719,019 | $670,295 |
| Total current liabilities | $20.8M | $20.9M | $60,926 | $10.5M | $1.5M | $1.5M | $2.2M | $2.1M | $2.2M | $2.2M | $2.3M | $2.2M |
| Long-term debt | $0 | $164,598 | $50,000 | $6.0M | $6.0M | $6.0M | $6.0M | $5.9M | $5.9M | $5.8M | $5.8M | $5.8M |
| Lease obligations | — | $97,956 | $112,076 | $126,051 | $139,882 | $153,571 | $167,119 | $180,529 | $193,800 | $206,934 | $220,527 | $233,978 |
| Other long-term liabilities | $83,689 | $97,956 | $19.1M | $126,051 | $16.7M | $15.0M | $16.5M | $19.4M | $17.5M | $23.7M | $25.4M | $21.7M |
| Total liabilities | $21.0M | $21.1M | $19.3M | $16.7M | $24.2M | $22.5M | $24.7M | $27.4M | $25.6M | $31.7M | $33.5M | $29.7M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $11,757 | $11,757 | $11,757 | $11,757 | $11,757 | $11,757 | $11,757 | $11,757 | $11,757 | $11,757 | $11,757 | $11,757 |
| Retained earnings (deficit) | −$1.5M | −$1.4M | −$1.4M | −$1.2M | −$1.1M | −$1.2M | −$1.2M | −$1.2M | −$1.3M | −$1.4M | −$1.6M | −$1.6M |
| Accumulated other comprehensive income | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total shareholders' equity | $43.0M | $43.1M | $43.1M | $43.3M | $43.4M | $43.3M | $43.3M | $43.3M | $43.2M | $43.1M | $42.9M | $42.9M |
| Key figures | ||||||||||||
| Total debt | $19.4M | $19.7M | $17.8M | $15.2M | $22.7M | $21.0M | $22.5M | $25.3M | $23.4M | $29.5M | $31.2M | $27.5M |
| Net cash (debt) | −$19.2M | −$19.5M | $187.1M | −$15.0M | −$22.4M | −$20.7M | −$22.4M | −$25.1M | −$23.3M | −$29.4M | −$31.1M | −$27.3M |
| Working capital | $42.9M | $41.2M | $1.8M | $47.6M | $65.8M | $64.0M | $65.5M | $68.3M | $66.3M | $72.3M | $73.8M | $70.1M |
| Tangible book value | $43.0M | $43.1M | $43.1M | $43.3M | $43.4M | $43.3M | $43.3M | $43.3M | $43.2M | $43.1M | $42.9M | $42.9M |
| Book value per share | $3.76 | $3.77 | $3.77 | $3.79 | $3.80 | $3.79 | $3.78 | $3.78 | $3.78 | $3.77 | $3.75 | $3.75 |
| Shares outstanding | 11.4M | 11.4M | 11.4M | 11.4M | 11.4M | 11.4M | 11.4M | 11.4M | 11.4M | 11.4M | 11.4M | 11.5M |
| Current ratio | 3.07 | 2.97 | 30.71 | 5.52 | 44.45 | 43.38 | 31.09 | 32.81 | 31.06 | 33.35 | 33.08 | 32.92 |
| Quick ratio | 3.07 | 0.09 | 991,756.06 | 5.52 | 43.21 | 42.29 | 30.38 | 32.10 | 30.39 | 32.53 | 31.79 | 32.30 |
| Debt / equity | 0.45 | 0.46 | 0.41 | 0.35 | 0.52 | 0.48 | 0.52 | 0.58 | 0.54 | 0.68 | 0.73 | 0.64 |
| Equity / assets | 67.2% | 67.1% | 69.1% | 72.2% | 64.2% | 65.9% | 63.7% | 61.2% | 62.8% | 57.6% | 56.2% | 59.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 27, 2026); data from EODHD.
LOAN financial position
At the end of fiscal 2025 (December 31, 2025), Manhattan Bridge Capital had total assets of $62.4 million (down 8.2% from a year earlier), total liabilities of $19.3 million and shareholders' equity of $43.1 million. It held $204.9 million in cash and short-term investments against $17.8 million of debt, a net cash position of $187.1 million. Its current ratio was 30.71. In the latest quarter (ended June 30, 2026) total assets were $64.0 million and equity $43.0 million.
Related: LOAN income statement, LOAN cash flow statement, LOAN key metrics. See the LOAN stock overview for the latest quote and news.
LOAN balance sheet FAQ
What are Manhattan Bridge Capital's total assets?
Manhattan Bridge Capital reported total assets of $62.4 million at the end of fiscal 2025 (December 31, 2025), compared with $67.9 million a year earlier.
How much debt does Manhattan Bridge Capital have?
Manhattan Bridge Capital had $17.8 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.41.
How much cash does Manhattan Bridge Capital have?
Manhattan Bridge Capital held $204.9 million in cash and short-term investments at the end of fiscal 2025; with $17.8 million of debt that is net cash of $187.1 million.
What is Manhattan Bridge Capital's book value?
Manhattan Bridge Capital's shareholders' equity (book value) was $43.1 million at the end of fiscal 2025, or $3.77 per share.
What is Manhattan Bridge Capital's current ratio?
Manhattan Bridge Capital had current assets of $1.9 million and current liabilities of $0.1 million, a current ratio of 30.71 (it can cover its short-term obligations).