LSI Industries Inc. (LYTS) Balance Sheet
LYTS balance sheet, FY2026
June 30, 2026 · U.S. dollars$829.9M assets = $469.2M liabilities + $360.7M equity
Both columns are drawn to the same scale: what LYTS owns equals what it owes plus shareholders’ equity. Hover a block for its value.
LYTS financial health
Descriptive bands, not a rating. Fiscal FY2026.
LYTS balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $256.7MFY2017 | $829.9MFY2026 | +13.9%/yr | |
| Total liabilities | $96.6MFY2017 | $469.2MFY2026 | +19.2%/yr | |
| Shareholders’ equity | $160.1MFY2017 | $360.7MFY2026 | +9.4%/yr | |
| Cash & short-term investments | $3.0MFY2017 | $14.2MFY2026 | +18.7%/yr | |
| Total debt | $49.7MFY2017 | $306.7MFY2026 | +22.4%/yr | |
| Net cash (debt) | −$46.7MFY2017 | −$292.5MFY2026 | −$245.8M | |
| Working capital | $61.7MFY2017 | $146.0MFY2026 | +$84.3M | |
| Book value per share | $6.16FY2017 | $10.70FY2026 | +6.3%/yr | |
| Current ratio | 2.36FY2017 | 1.97FY2026 | −0.38 | |
| Debt / equity | 0.31FY2017 | 0.85FY2026 | +0.54 | |
| Shares outstanding | 26.0MFY2017 | 33.7MFY2026 | +2.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
LYTS assets
LYTS liabilities and equity
LYTS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
LYTS balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $14.2M | $3.5M | $4.1M | $1.8M | $2.5M | $2.3M | $3.5M | $966,000 | $3.2M | $3.0M |
| Cash & equivalents | $14.2M | $3.5M | $4.1M | $1.8M | $2.5M | $2.3M | $3.5M | $966,000 | $3.2M | $3.0M |
| Short-term investments | — | — | — | — | — | — | — | — | $0 | $0 |
| Receivables | $157.6M | $104.3M | $81.8M | $80.8M | $78.8M | $59.0M | $40.6M | $55.6M | $52.4M | $49.7M |
| Inventory | $112.3M | $79.8M | $70.9M | $63.7M | $74.4M | $58.9M | $38.8M | $43.5M | $51.0M | $50.0M |
| Other current assets | $11.8M | $6.5M | $5.7M | $3.5M | $3.2M | $4.8M | $3.0M | $10.9M | $3.5M | $4.4M |
| Total current assets | $295.9M | $194.2M | $162.5M | $149.9M | $158.9M | $125.0M | $85.9M | $111.0M | $110.1M | $107.1M |
| Property, plant & equipment (net) | $56.7M | $31.2M | $48.9M | $34.4M | $35.8M | $30.6M | $35.2M | $32.0M | $43.7M | $47.4M |
| Goodwill & intangible assets | $421.3M | $142.8M | $131.3M | $108.2M | $113.0M | $116.6M | $40.3M | $43.0M | $65.9M | $96.7M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $56.0M | $28.2M | $6.1M | $3.7M | $3.3M | $14.7M | $10.9M | $15.1M | $9.8M | $5.5M |
| Total assets | $829.9M | $396.4M | $348.8M | $296.1M | $311.1M | $286.8M | $172.3M | $201.1M | $229.5M | $256.7M |
| Liabilities | ||||||||||
| Accounts payable | $72.0M | $48.5M | $32.2M | $29.2M | $34.8M | $33.0M | $14.2M | $18.7M | $17.9M | $19.4M |
| Short-term debt | $22.3M | $9.6M | $9.5M | $7.4M | $7.6M | $1.7M | $615,000 | — | $45.4M | $49.7M |
| Deferred revenue | — | $4.1M | $8.5M | $5.4M | $6.4M | $11.4M | $1.7M | $1.8M | $1.1M | $1.1M |
| Total current liabilities | $149.9M | $97.3M | $79.2M | $76.6M | $77.1M | $70.9M | $34.6M | $39.9M | $42.2M | $45.4M |
| Long-term debt | $245.9M | $45.0M | $50.7M | $31.6M | $76.0M | $68.2M | $0 | $39.5M | $45.4M | $49.7M |
| Lease obligations | $50.8M | $18.1M | $17.8M | $10.8M | $11.0M | $14.1M | $11.4M | — | — | — |
| Other long-term liabilities | $73.3M | $23.3M | $14.6M | $10.4M | $10.2M | $16.6M | $11.9M | $1.7M | $2.7M | $1.5M |
| Total liabilities | $469.2M | $165.6M | $144.4M | $118.6M | $163.3M | $155.7M | $46.6M | $81.2M | $90.3M | $96.6M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $277.9M | $163.7M | $156.4M | $148.7M | $139.5M | $132.5M | $127.7M | $125.7M | $124.1M | $243.0M |
| Retained earnings (deficit) | $82.3M | $66.2M | $47.8M | $28.5M | $8.2M | −$1.4M | −$1.9M | −$5.8M | $15.1M | $39.8M |
| Treasury stock | — | — | — | — | — | — | — | −$1.5M | −$2.1M | −$2.4M |
| Accumulated other comprehensive income | $11.7M | $829,000 | $202,000 | $339,000 | $45,000 | $49,000 | −$93,000 | $16,000 | −$77.2M | −$77.1M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $360.7M | $230.7M | $204.4M | $177.6M | $147.8M | $131.2M | $125.7M | $119.9M | $139.3M | $160.1M |
| Key figures | ||||||||||
| Total debt | $306.7M | $66.6M | $72.0M | $46.0M | $90.6M | $69.9M | $11.4M | $39.5M | $45.4M | $49.7M |
| Net cash (debt) | −$292.5M | −$63.2M | −$67.9M | −$44.1M | −$88.2M | −$67.6M | −$7.9M | −$38.6M | −$42.2M | −$46.7M |
| Working capital | $146.0M | $96.8M | $83.3M | $73.3M | $81.8M | $54.1M | $51.2M | $71.1M | $67.9M | $61.7M |
| Tangible book value | −$60.6M | $87.9M | $73.0M | $69.3M | $34.8M | $14.6M | $85.4M | $76.9M | $73.3M | $63.4M |
| Book value per share | $10.70 | $7.48 | $6.80 | $6.06 | $5.28 | $4.78 | $4.75 | $4.59 | $5.38 | $6.16 |
| Shares outstanding | 33.7M | 30.8M | 30.1M | 29.3M | 28.0M | 27.4M | 26.5M | 26.1M | 25.9M | 26.0M |
| Current ratio | 1.97 | 1.99 | 2.05 | 1.96 | 2.06 | 1.76 | 2.48 | 2.78 | 2.61 | 2.36 |
| Quick ratio | 1.15 | 1.11 | 1.08 | 1.08 | 1.05 | 0.86 | 1.27 | 1.42 | 1.32 | 1.16 |
| Debt / equity | 0.85 | 0.29 | 0.35 | 0.26 | 0.61 | 0.53 | 0.09 | 0.33 | 0.33 | 0.31 |
| Equity / assets | 43.5% | 58.2% | 58.6% | 60.0% | 47.5% | 45.7% | 73.0% | 59.6% | 60.7% | 62.4% |
| 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 | $14.2M | $10.3M | $10.3M | $7.1M | $3.5M | $4.3M | $4.7M | $7.0M | $4.1M | $7.2M | $2.7M | $3.5M |
| Cash & equivalents | $14.2M | $10.3M | $10.3M | $7.1M | $3.5M | $4.3M | $4.7M | $7.0M | $4.1M | $7.2M | $2.7M | $3.5M |
| Receivables | $157.6M | $135.8M | $138.4M | $114.8M | $104.3M | $100.9M | $83.9M | $83.1M | $81.8M | $71.4M | $74.2M | $83.6M |
| Inventory | $112.3M | $116.6M | $116.6M | $78.9M | $79.8M | $74.5M | $69.4M | $71.3M | $70.9M | $60.3M | $60.2M | $63.1M |
| Other current assets | $11.8M | $16.5M | $13.9M | $6.9M | $6.5M | $5.8M | $5.3M | $5.5M | $5.7M | $4.6M | $4.4M | $4.0M |
| Total current assets | $295.9M | $279.2M | $279.2M | $207.7M | $194.2M | $185.5M | $163.4M | $166.9M | $162.5M | $143.5M | $141.4M | $154.2M |
| Property, plant & equipment (net) | $56.7M | $57.8M | $109.4M | $47.1M | $31.2M | $48.9M | $47.1M | $47.2M | $48.9M | $35.2M | $36.2M | $36.3M |
| Goodwill & intangible assets | $421.3M | $408.7M | $408.7M | $140.6M | $142.8M | $142.8M | $128.6M | $130.0M | $131.3M | $104.7M | $105.9M | $107.0M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $56.0M | $54.9M | $3.3M | $9.5M | $28.2M | $7.3M | $5.5M | $5.5M | $6.1M | $4.7M | $4.1M | $4.3M |
| Total assets | $829.9M | $800.5M | $800.5M | $404.9M | $396.4M | $384.6M | $344.5M | $349.5M | $348.8M | $288.0M | $287.5M | $301.8M |
| Liabilities | ||||||||||||
| Accounts payable | $72.0M | $68.8M | $68.8M | $47.3M | $48.5M | $43.8M | $32.3M | $33.8M | $32.2M | $26.1M | $23.1M | $33.6M |
| Short-term debt | $22.3M | $58.0M | $70.2M | $9.3M | $9.6M | $9.2M | $9.5M | $9.1M | $9.5M | $7.4M | $7.6M | $7.7M |
| Deferred revenue | — | — | $7.4M | $4.9M | $4.1M | $6.6M | $8.7M | $10.3M | $8.5M | $4.6M | $6.2M | $6.9M |
| Total current liabilities | $149.9M | $188.3M | $188.3M | $95.0M | $97.3M | $89.2M | $78.5M | $80.1M | $79.2M | $66.3M | $65.6M | $78.0M |
| Long-term debt | $245.9M | $203.0M | $27.9M | $47.1M | $45.0M | $51.8M | $34.6M | $44.1M | $50.7M | $12.8M | $17.9M | $25.1M |
| Lease obligations | $50.8M | $53.2M | $30.9M | $17.4M | $18.1M | $19.2M | $17.1M | $16.8M | $17.8M | $10.8M | $11.7M | $12.6M |
| Other long-term liabilities | $73.3M | $56.5M | $231.5M | $21.5M | $23.3M | $21.9M | $14.3M | $14.1M | $14.6M | $10.5M | $11.1M | $12.2M |
| Total liabilities | $469.2M | $447.7M | $447.7M | $163.5M | $165.6M | $162.9M | $127.4M | $138.3M | $144.4M | $89.5M | $94.6M | $115.2M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $277.9M | — | $274.9M | $168.8M | $163.7M | $161.9M | $159.9M | $158.1M | $156.4M | $154.5M | $152.9M | $151.1M |
| Retained earnings (deficit) | $82.3M | $77.3M | $77.3M | $71.9M | $66.2M | $59.5M | $57.1M | $53.0M | $47.8M | $43.6M | $39.7M | $35.2M |
| Accumulated other comprehensive income | $11.7M | — | $637,000 | $632,000 | $829,000 | $307,000 | $45,000 | $93,000 | $202,000 | $385,000 | $354,000 | $283,000 |
| Total shareholders' equity | $360.7M | $352.8M | $352.8M | $241.3M | $230.7M | $221.7M | $217.1M | $211.2M | $204.4M | $198.4M | $192.9M | $186.5M |
| Key figures | ||||||||||||
| Total debt | $306.7M | $261.0M | $314.2M | $68.1M | $66.6M | $74.6M | $55.3M | $64.5M | $72.0M | $27.2M | $33.2M | $41.3M |
| Net cash (debt) | −$292.5M | −$250.7M | −$303.8M | −$60.9M | −$63.2M | −$70.3M | −$50.6M | −$57.6M | −$67.9M | −$20.0M | −$30.6M | −$37.7M |
| Working capital | $146.0M | $90.9M | $90.9M | $112.8M | $96.8M | $96.3M | $84.9M | $86.8M | $83.3M | $77.2M | $75.8M | $76.2M |
| Tangible book value | −$60.6M | −$55.8M | −$55.8M | $100.7M | $87.9M | $78.9M | $88.6M | $81.2M | $73.0M | $93.8M | $87.1M | $79.5M |
| Book value per share | $10.70 | $10.89 | $10.89 | $7.69 | $7.45 | $7.16 | $7.03 | $6.92 | $6.76 | $6.59 | $6.42 | $6.23 |
| Shares outstanding | 33.7M | 32.4M | 32.4M | 31.4M | 31.0M | 31.0M | 30.9M | 30.5M | 30.2M | 30.1M | 30.0M | 30.0M |
| Current ratio | 1.97 | 1.48 | 1.48 | 2.19 | 1.99 | 2.08 | 2.08 | 2.08 | 2.05 | 2.17 | 2.16 | 1.98 |
| Quick ratio | 1.15 | 0.78 | 0.79 | 1.28 | 1.11 | 1.18 | 1.13 | 1.13 | 1.08 | 1.19 | 1.17 | 1.12 |
| Debt / equity | 0.85 | 0.74 | 0.89 | 0.28 | 0.29 | 0.34 | 0.25 | 0.31 | 0.35 | 0.14 | 0.17 | 0.22 |
| Equity / assets | 43.5% | 44.1% | 44.1% | 59.6% | 58.2% | 57.7% | 63.0% | 60.4% | 58.6% | 68.9% | 67.1% | 61.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed September 3, 2026); data from EODHD.
LYTS financial position
At the end of fiscal 2026 (June 30, 2026), LSI Industries had total assets of $829.9 million (up 109.4% from a year earlier), total liabilities of $469.2 million and shareholders' equity of $360.7 million. It held $14.2 million in cash and short-term investments against $306.7 million of debt, net debt of $292.5 million. Its current ratio was 1.97.
Related: LYTS income statement, LYTS cash flow statement, LYTS key metrics. See the LYTS stock overview for the latest quote and news.
LYTS balance sheet FAQ
What are LSI Industries's total assets?
LSI Industries reported total assets of $829.9 million at the end of fiscal 2026 (June 30, 2026), compared with $396.4 million a year earlier.
How much debt does LSI Industries have?
LSI Industries had $306.7 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.85.
How much cash does LSI Industries have?
LSI Industries held $14.2 million in cash and short-term investments at the end of fiscal 2026; with $306.7 million of debt that is net debt of $292.5 million.
What is LSI Industries's book value?
LSI Industries's shareholders' equity (book value) was $360.7 million at the end of fiscal 2026, or $10.70 per share.
What is LSI Industries's current ratio?
LSI Industries had current assets of $295.9 million and current liabilities of $149.9 million, a current ratio of 1.97 (it can cover its short-term obligations).
How much goodwill does LSI Industries have?
LSI Industries carried $421.3 million of goodwill and intangible assets, 50.8% of total assets, at the end of fiscal 2026.