Loop Industries, Inc. (LOOP) Balance Sheet
LOOP balance sheet, FY2026
February 28, 2026 · U.S. dollars$8.6M assets = $18.1M liabilities + −$9.6M equity
Liabilities exceed assets: shareholders’ equity is negative (−$9.6M).
Both columns are drawn to the same scale: what LOOP owns equals what it owes plus shareholders’ equity. Hover a block for its value.
LOOP financial health
Descriptive bands, not a rating. Fiscal FY2026.
LOOP balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $3.1MFY2017 | $8.6MFY2026 | +12.1%/yr | |
| Total liabilities | $913,231FY2017 | $18.1MFY2026 | +39.4%/yr | |
| Shareholders’ equity | $2.1MFY2017 | −$9.6MFY2026 | — | |
| Cash & short-term investments | $916,487FY2017 | $2.4MFY2026 | +11.1%/yr | |
| Total debt | $391,695FY2017 | $3.0MFY2026 | +25.5%/yr | |
| Net cash (debt) | $524,792FY2017 | −$679,000FY2026 | −$1.2M | |
| Working capital | $262,553FY2017 | $851,000FY2026 | +$588,447 | |
| Book value per share | $0.07FY2017 | −$0.20FY2026 | — | |
| Current ratio | 1.29FY2017 | 1.31FY2026 | +0.02 | |
| Debt / equity | 0.18FY2017 | 8.41FY2025 | +8.22 | |
| Shares outstanding | 31.1MFY2017 | 48.0MFY2026 | +4.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
LOOP assets
LOOP liabilities and equity
LOOP debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
LOOP balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $2.4M | $13.0M | $7.0M | $29.6M | $44.1M | $35.2M | $33.7M | $5.8M | $8.1M | $916,487 |
| Cash & equivalents | $2.4M | $13.0M | $7.0M | $29.6M | $44.1M | $35.2M | $33.7M | $5.8M | $8.1M | $916,487 |
| Short-term investments | — | — | — | — | — | $1.5M | $850,000 | — | $0 | $0 |
| Receivables | $755,000 | $639,000 | $351,000 | $614,291 | $1.7M | $1.8M | $664,544 | $599,000 | $364,634 | $146,074 |
| Inventory | $0 | $82,000 | $102,000 | $726,933 | $0 | −$1.8M | −$664,544 | −$599,000 | −$364,634 | −$259,297 |
| Other current assets | $495,000 | $158,000 | $577,000 | $5.5M | $6.4M | $2.4M | $805,770 | $825,521 | $876,207 | $372,520 |
| Total current assets | $3.6M | $13.9M | $8.0M | $36.4M | $52.1M | $37.6M | $34.5M | $6.7M | $9.0M | $1.2M |
| Property, plant & equipment (net) | $1.7M | $1.7M | $10.6M | $2.5M | $5.7M | $3.5M | $7.3M | $5.4M | $4.0M | $1.6M |
| Goodwill & intangible assets | $1.8M | $1.7M | $1.5M | $1.2M | $1.0M | $794,894 | $202,863 | $127,672 | $332,740 | $308,000 |
| Long-term investments | $1.5M | $1.3M | $381,000 | $380,922 | $380,922 | $1.5M | $850,000 | $0 | $0 | $0 |
| Other non-current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $8.6M | $18.6M | $20.6M | $40.6M | $59.2M | $43.4M | $42.8M | $12.2M | $13.4M | $3.1M |
| Liabilities | ||||||||||
| Accounts payable | $729,000 | $2.0M | $602,000 | $1.0M | $4.4M | $5.1M | $2.1M | $1.8M | $2.0M | $161,536 |
| Short-term debt | $605,000 | $312,000 | $100,000 | $62,135 | — | $938,116 | $52,126 | $5.7M | $54,649 | $391,695 |
| Deferred revenue | $234,000 | $102,000 | — | $1.0M | — | — | −$2.1M | −$219,531 | −$2.0M | — |
| Total current liabilities | $2.8M | $4.0M | $2.4M | $3.6M | $9.8M | $9.1M | $2.1M | $8.6M | $2.0M | $913,231 |
| Long-term debt | $2.4M | $2.8M | $3.2M | $3.2M | $3.4M | $1.5M | $2.2M | $952,360 | $1.0M | $0 |
| Other long-term liabilities | $13.0M | $11.5M | $770,000 | $0 | $0 | $0 | $0 | $3 | $0 | $553,231 |
| Total liabilities | $18.1M | $18.2M | $6.4M | $6.8M | $13.2M | $10.6M | $4.4M | $9.5M | $3.1M | $913,231 |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $5,000 | $5,000 | $5,000 | $4,748 | $4,740 | $4,242 | $3,992 | $3,381 | $3,376 | $3,146 |
| Retained earnings (deficit) | −$204.3M | −$192.0M | −$177.0M | −$155.9M | −$134.6M | −$89.7M | −$53.3M | −$38.8M | −$21.3M | −$11.9M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$1.2M | −$1.1M | −$1.1M | −$1.1M | −$96,033 | −$6,590 | −$388,449 | −$290,224 | −$169,100 | −$151,211 |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | −$9.6M | $367,000 | $14.1M | $33.7M | $46.0M | $32.8M | $38.5M | $2.6M | $10.3M | $2.1M |
| Key figures | ||||||||||
| Total debt | $3.0M | $3.1M | $3.3M | $3.3M | $3.4M | $2.5M | $2.3M | $6.6M | $1.1M | $391,695 |
| Net cash (debt) | −$679,000 | $9.9M | $3.6M | $26.3M | $40.7M | $32.8M | $31.4M | −$808,300 | $7.1M | $524,792 |
| Working capital | $851,000 | $9.9M | $5.6M | $32.8M | $42.3M | $28.5M | $32.4M | −$1.9M | $7.0M | $262,553 |
| Tangible book value | −$11.4M | −$1.3M | $12.6M | $32.5M | $45.0M | $32.0M | $38.3M | $2.5M | $10.0M | $1.8M |
| Book value per share | −$0.20 | $0.01 | $0.30 | $0.71 | $1.02 | $0.80 | $1.01 | $0.08 | $0.32 | $0.07 |
| Shares outstanding | 48.0M | 47.6M | 47.5M | 47.4M | 45.3M | 41.0M | 37.9M | 33.8M | 32.6M | 31.1M |
| Current ratio | 1.31 | 3.50 | 3.30 | 10.16 | 5.29 | 4.15 | 16.17 | 0.78 | 4.43 | 1.29 |
| Quick ratio | 1.13 | 3.44 | 3.02 | 8.43 | 4.65 | 4.08 | 16.11 | 0.75 | 4.18 | 1.16 |
| Debt / equity | — | 8.41 | 0.23 | 0.10 | 0.07 | 0.07 | 0.06 | 2.53 | 0.11 | 0.18 |
| Equity / assets | −111.9% | 2.0% | 68.8% | 83.2% | 77.7% | 75.6% | 89.8% | 21.6% | 77.1% | 70.1% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $836,000 | $1.1M | $2.4M | $5.2M | $7.3M | $9.7M | $13.0M | $323,000 | $1.4M | $5.3M | $7.0M | $9.4M |
| Cash & equivalents | $836,000 | $1.1M | $2.4M | $5.2M | $7.3M | $9.7M | $13.0M | $323,000 | $1.4M | $5.3M | $7.0M | $9.4M |
| Receivables | $422,000 | $699,000 | $755,000 | $300,000 | $902,000 | $974,000 | $639,000 | $200,000 | $392,000 | $242,000 | $351,000 | $157,000 |
| Inventory | $0 | $0 | $0 | $85,000 | $86,000 | $86,000 | $82,000 | $78,000 | $81,000 | $99,000 | $102,000 | $937,000 |
| Other current assets | $313,000 | $395,000 | $495,000 | $410,000 | $502,000 | $507,000 | $158,000 | $393,000 | $492,000 | $525,000 | $577,000 | $10.2M |
| Total current assets | $1.6M | $2.2M | $3.6M | $6.0M | $8.8M | $11.3M | $13.9M | $994,000 | $2.4M | $6.2M | $8.0M | $20.6M |
| Property, plant & equipment (net) | $1.6M | $1.7M | $1.7M | $1.7M | $1.8M | $1.8M | $1.7M | $1.9M | $10.5M | $10.5M | $10.6M | $2.3M |
| Goodwill & intangible assets | $1.7M | $1.7M | $1.8M | $1.8M | $1.8M | $1.8M | $1.7M | $1.8M | $1.8M | $1.7M | $1.5M | $1.5M |
| Long-term investments | $0 | $1.2M | $1.5M | $1.8M | $936,000 | $979,000 | $1.3M | $13,000 | $381,000 | $381,000 | $381,000 | $381,000 |
| Other non-current assets | $1.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $6.4M | $6.7M | $8.6M | $11.3M | $13.3M | $15.9M | $18.6M | $4.7M | $15.0M | $18.7M | $20.6M | $24.8M |
| Liabilities | ||||||||||||
| Accounts payable | $1.0M | $949,000 | $729,000 | $1.2M | $1.6M | $2.0M | $2.0M | $3.5M | $2.4M | $1.5M | $602,000 | $288,000 |
| Short-term debt | $2.3M | $807,000 | $605,000 | $510,000 | $464,000 | $409,000 | $312,000 | $2.9M | $393,000 | $244,000 | $100,000 | $501,000 |
| Deferred revenue | $386,000 | $323,000 | $234,000 | $102,000 | $102,000 | $102,000 | $102,000 | $102,000 | $101,000 | — | — | $1.0M |
| Total current liabilities | $4.8M | $3.2M | $2.8M | $3.5M | $3.9M | $4.0M | $4.0M | $8.1M | $4.9M | $3.1M | $2.4M | $3.1M |
| Long-term debt | $0 | $2.2M | $2.4M | $2.5M | $2.7M | $2.8M | $2.8M | $2.7M | $4.5M | $5.6M | $3.2M | $2.8M |
| Other long-term liabilities | $2.9M | $13.3M | $13.0M | $12.6M | $12.2M | $11.8M | $11.5M | $816,000 | $800,000 | $784,000 | $770,000 | $0 |
| Total liabilities | $7.7M | $18.7M | $18.1M | $18.6M | $18.8M | $18.6M | $18.2M | $11.6M | $10.2M | $9.5M | $6.4M | $5.9M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 |
| Retained earnings (deficit) | −$210.7M | −$207.7M | −$204.3M | −$201.6M | −$198.7M | −$195.5M | −$192.0M | −$198.9M | −$187.0M | −$182.2M | −$177.0M | −$171.9M |
| Accumulated other comprehensive income | −$1.2M | −$1.2M | −$1.2M | −$1.2M | −$1.2M | −$1.2M | −$1.1M | −$1.2M | −$1.1M | −$1.1M | −$1.1M | −$1.1M |
| Total shareholders' equity | −$1.3M | −$12.0M | −$9.6M | −$7.3M | −$5.5M | −$2.7M | $367,000 | −$6.9M | $4.8M | $9.3M | $14.1M | $18.9M |
| Key figures | ||||||||||||
| Total debt | $4.3M | $3.0M | $15.1M | $14.7M | $14.5M | $3.2M | $3.1M | $5.6M | $4.9M | $5.8M | $3.3M | $3.3M |
| Net cash (debt) | −$3.5M | −$1.9M | −$12.7M | −$9.5M | −$7.1M | $6.6M | $9.9M | −$5.2M | −$3.5M | −$508,000 | $3.6M | $6.1M |
| Working capital | −$3.2M | −$1.0M | $851,000 | $2.5M | $4.9M | $7.3M | $9.9M | −$7.1M | −$2.5M | $3.0M | $5.6M | $17.6M |
| Tangible book value | −$3.0M | −$13.7M | −$11.4M | −$9.1M | −$7.3M | −$4.6M | −$1.3M | −$8.7M | $3.0M | $7.6M | $12.6M | $17.4M |
| Book value per share | −$0.03 | −$0.25 | −$0.20 | −$0.15 | −$0.11 | −$0.06 | $0.01 | −$0.14 | $0.10 | $0.19 | $0.30 | $0.40 |
| Shares outstanding | 48.4M | 48.4M | 48.0M | 48.1M | 47.8M | 47.7M | 47.6M | 47.6M | 47.6M | 47.5M | 47.5M | 47.5M |
| Current ratio | 0.33 | 0.68 | 1.31 | 1.69 | 2.26 | 2.81 | 3.50 | 0.12 | 0.48 | 1.96 | 3.30 | 6.74 |
| Quick ratio | 0.26 | 0.56 | 1.13 | 1.55 | 2.11 | 2.66 | 3.44 | 0.06 | 0.37 | 1.76 | 3.02 | 3.11 |
| Debt / equity | — | — | — | — | — | — | 8.41 | — | 1.01 | 0.63 | 0.23 | 0.18 |
| Equity / assets | −20.9% | −179.3% | −111.9% | −64.9% | −41.1% | −17.1% | 2.0% | −147.1% | 32.2% | 49.5% | 68.8% | 76.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed May 27, 2026); data from EODHD.
LOOP financial position
At the end of fiscal 2026 (February 28, 2026), Loop Industries had total assets of $8.6 million (down 53.9% from a year earlier), total liabilities of $18.1 million and shareholders' equity of -$9.6 million. It held $2.4 million in cash and short-term investments against $3.0 million of debt, net debt of $0.7 million. Its current ratio was 1.31. In the latest quarter (ended August 31, 2026) total assets were $6.4 million and equity -$1.3 million.
Related: LOOP income statement, LOOP cash flow statement, LOOP key metrics. See the LOOP stock overview for the latest quote and news.
LOOP balance sheet FAQ
What are Loop Industries's total assets?
Loop Industries reported total assets of $8.6 million at the end of fiscal 2026 (February 28, 2026), compared with $18.6 million a year earlier.
How much debt does Loop Industries have?
Loop Industries had $3.0 million of total debt at the end of fiscal 2026, including short-term borrowings. Its debt-to-equity ratio was —.
How much cash does Loop Industries have?
Loop Industries held $2.4 million in cash and short-term investments at the end of fiscal 2026; with $3.0 million of debt that is net debt of $0.7 million.
What is Loop Industries's book value?
Loop Industries's shareholders' equity (book value) was -$9.6 million at the end of fiscal 2026, or −$0.20 per share.
What is Loop Industries's current ratio?
Loop Industries had current assets of $3.6 million and current liabilities of $2.8 million, a current ratio of 1.31 (it can cover its short-term obligations).
How much goodwill does Loop Industries have?
Loop Industries carried $1.8 million of goodwill and intangible assets, 20.8% of total assets, at the end of fiscal 2026.