Mama's Creations, Inc. (MAMA) Balance Sheet
MAMA balance sheet, FY2026
January 31, 2026 · U.S. dollars$85.7M assets = $33.1M liabilities + $52.6M equity
Both columns are drawn to the same scale: what MAMA owns equals what it owes plus shareholders’ equity. Hover a block for its value.
MAMA financial health
Descriptive bands, not a rating. Fiscal FY2026.
MAMA balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $5.1MFY2017 | $85.7MFY2026 | +36.9%/yr | |
| Total liabilities | $7.7MFY2017 | $33.1MFY2026 | +17.5%/yr | |
| Shareholders’ equity | −$2.7MFY2017 | $52.6MFY2026 | — | |
| Cash & short-term investments | $670,807FY2017 | $20.0MFY2026 | +45.8%/yr | |
| Total debt | $5.6MFY2017 | $14.5MFY2026 | +11.1%/yr | |
| Net cash (debt) | −$4.9MFY2017 | $5.5MFY2026 | +$10.4M | |
| Working capital | −$1.6MFY2017 | $24.3MFY2026 | +$25.9M | |
| Book value per share | −$0.10FY2017 | $1.27FY2026 | — | |
| Current ratio | 0.69FY2017 | 2.17FY2026 | +1.48 | |
| Debt / equity | 14.88FY2020 | 0.27FY2026 | −14.60 | |
| Shares outstanding | 27.1MFY2017 | 41.4MFY2026 | +4.8%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
MAMA assets
MAMA liabilities and equity
MAMA debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
MAMA balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $20.0M | $7.2M | $11.0M | $4.4M | $850,598 | $3.2M | $393,683 | $609,409 | $581,322 | $670,807 |
| Cash & equivalents | $20.0M | $7.2M | $11.0M | $4.4M | $850,598 | $3.2M | $393,683 | $609,409 | $581,322 | $670,807 |
| Receivables | $13.1M | $8.1M | $7.9M | $6.8M | $7.6M | $4.0M | $3.7M | $2.7M | $3.1M | $1.8M |
| Inventory | $9.6M | $4.8M | $3.3M | $3.6M | $2.9M | $1.2M | $1.2M | $1.3M | $824,276 | $806,623 |
| Other current assets | $2.4M | $1.8M | $1.4M | $828,000 | $269,209 | $519,887 | $252,268 | $155,178 | $261,980 | $180,260 |
| Total current assets | $45.1M | $21.9M | $23.6M | $15.7M | $11.6M | $8.9M | $5.6M | $4.8M | $4.8M | $3.5M |
| Property, plant & equipment (net) | $28.0M | $12.8M | $7.3M | $6.7M | $7.3M | $4.3M | $4.3M | $2.9M | $2.5M | $1.6M |
| Goodwill & intangible assets | $12.5M | $12.1M | $13.6M | $10.1M | $10.6M | $8.7M | $87,639 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $1.3M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $95,000 | $353,000 | $598,000 | $771,514 | $500,750 | $0 | $0 | $20,177 | $20,177 | $20,177 |
| Total assets | $85.7M | $47.1M | $45.1M | $34.6M | $30.0M | $14.0M | $9.9M | $7.7M | $7.3M | $5.1M |
| Liabilities | ||||||||||
| Accounts payable | $11.0M | $9.1M | $8.2M | $9.1M | $6.5M | $3.7M | $3.6M | $3.1M | $3.5M | $2.1M |
| Short-term debt | $3.0M | $5.0M | $4.3M | $2.8M | $2.5M | $338,238 | $655,441 | $553,730 | $4.2M | $2.9M |
| Deferred revenue | — | — | −$801,000 | −$9.1M | −$6.5M | −$3.7M | −$231,642 | −$53,730 | — | — |
| Total current liabilities | $20.8M | $17.0M | $16.7M | $11.9M | $9.0M | $4.0M | $4.2M | $3.6M | $7.7M | $5.0M |
| Long-term debt | $4.4M | $1.3M | $5.3M | $7.0M | $9.2M | $0 | $3.6M | $0 | $0 | $0 |
| Lease obligations | $9.1M | $5.0M | $4.4M | $3.7M | $4.2M | $2.0M | $1.9M | — | — | — |
| Other long-term liabilities | $7.9M | $3.8M | $3.6M | $3.1M | $3.7M | $1.7M | $1.7M | $5.3M | $1.6M | $2.7M |
| Total liabilities | $33.1M | $22.2M | $25.5M | $22.1M | $21.9M | $5.7M | $9.5M | $8.9M | $9.2M | $7.7M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | — | — | — | $364 | $359 | $357 | $321 | $320 | $319 | $278 |
| Retained earnings (deficit) | $5.5M | $164,000 | −$3.5M | −$10.1M | −$12.3M | −$12.1M | −$16.1M | −$17.7M | −$18.1M | −$18.4M |
| Accumulated other comprehensive income | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 |
| Total shareholders' equity | $52.6M | $24.9M | $19.6M | $12.5M | $8.1M | $8.3M | $402,063 | −$1.3M | −$1.9M | −$2.7M |
| Key figures | ||||||||||
| Total debt | $14.5M | $10.1M | $13.1M | $13.0M | $15.4M | $2.0M | $6.0M | $5.9M | $5.8M | $5.6M |
| Net cash (debt) | $5.5M | −$3.0M | −$2.1M | −$8.6M | −$14.6M | $1.2M | −$5.6M | −$5.3M | −$5.2M | −$4.9M |
| Working capital | $24.3M | $4.9M | $6.9M | $3.8M | $2.7M | $4.8M | $1.4M | $1.1M | −$2.9M | −$1.6M |
| Tangible book value | $40.1M | $12.8M | $6.0M | $2.4M | −$2.5M | −$411,227 | $314,424 | −$1.3M | −$1.9M | −$2.7M |
| Book value per share | $1.27 | $0.63 | $0.51 | $0.34 | $0.23 | $0.24 | $0.01 | −$0.04 | −$0.06 | −$0.10 |
| Shares outstanding | 41.4M | 39.4M | 38.4M | 37.3M | 35.7M | 34.0M | 34.3M | 32.5M | 32.2M | 27.1M |
| Current ratio | 2.17 | 1.28 | 1.41 | 1.32 | 1.30 | 2.19 | 1.34 | 1.32 | 0.62 | 0.69 |
| Quick ratio | 1.59 | 0.90 | 1.13 | 0.94 | 0.94 | 1.77 | 0.98 | 0.90 | 0.48 | 0.49 |
| Debt / equity | 0.27 | 0.41 | 0.67 | 1.04 | 1.90 | 0.24 | 14.88 | — | — | — |
| Equity / assets | 61.4% | 52.9% | 43.4% | 36.2% | 27.0% | 59.2% | 4.0% | −16.7% | −26.6% | −53.0% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $138.6M | $24.4M | $20.0M | $18.1M | $9.4M | $12.0M | $7.2M | $9.3M | $7.4M | $13.0M | $11.0M | $5.6M |
| Cash & equivalents | $138.6M | $24.4M | $20.0M | $18.1M | $9.4M | $12.0M | $7.2M | $9.3M | $7.4M | $13.0M | $11.0M | $5.6M |
| Receivables | $12.9M | $13.2M | $13.1M | $11.0M | $6.7M | $5.8M | $8.1M | $8.6M | $8.1M | $8.1M | $7.9M | $11.1M |
| Inventory | $10.7M | $9.0M | $9.6M | $10.4M | $6.4M | $5.3M | $4.8M | $3.2M | $2.8M | $3.0M | $3.3M | $2.6M |
| Other current assets | $1.7M | $2.1M | $2.4M | $1.5M | $881,000 | $1.1M | $1.8M | $929,000 | $1.4M | $1.2M | $1.4M | $1.0M |
| Total current assets | $163.8M | $48.8M | $45.1M | $41.0M | $23.4M | $24.2M | $21.9M | $22.0M | $19.7M | $25.4M | $23.6M | $20.3M |
| Property, plant & equipment (net) | $25.8M | $26.6M | $28.0M | $29.4M | $15.9M | $16.2M | $12.8M | $12.9M | $9.9M | $8.2M | $7.3M | $7.6M |
| Goodwill & intangible assets | $11.7M | $12.1M | $12.5M | $13.0M | $11.3M | $11.7M | $12.1M | $12.5M | $12.8M | $13.2M | $13.6M | $14.0M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $95,000 | $95,000 | $95,000 | $720,000 | $611,000 | $564,000 | $353,000 | $508,000 | $485,000 | $426,000 | $598,000 | $514,000 |
| Total assets | $201.4M | $87.5M | $85.7M | $84.0M | $51.2M | $52.7M | $47.1M | $47.9M | $43.0M | $47.2M | $45.1M | $42.5M |
| Liabilities | ||||||||||||
| Accounts payable | $15.2M | $11.0M | $11.0M | $11.7M | $8.1M | $9.2M | $9.1M | — | $9.8M | $14.3M | $8.2M | $10.1M |
| Short-term debt | $3.1M | $3.0M | $3.0M | $3.7M | $3.7M | $5.2M | $5.0M | $5.0M | $4.6M | $4.3M | $4.3M | $4.3M |
| Deferred revenue | — | — | — | — | — | — | — | — | −$9.8M | −$796,000 | −$801,000 | −$10.1M |
| Total current liabilities | $23.6M | $21.0M | $20.8M | $22.1M | $14.8M | $18.7M | $17.0M | $18.8M | $14.4M | $18.5M | $16.7M | $14.3M |
| Long-term debt | $3.8M | $4.1M | $4.4M | $4.7M | $451,000 | $839,000 | $1.3M | $2.5M | $3.0M | $4.9M | $5.3M | $6.4M |
| Lease obligations | $8.1M | $8.6M | $9.1M | $9.6M | $7.8M | $8.1M | $5.0M | $4.8M | $4.1M | $4.3M | $4.4M | $4.6M |
| Other long-term liabilities | $6.6M | $7.1M | $7.9M | $7.6M | $6.4M | $6.7M | $3.8M | $3.6M | $3.3M | $3.5M | $3.6M | $3.8M |
| Total liabilities | $34.0M | $32.2M | $33.1M | $34.4M | $21.6M | $26.3M | $22.2M | $24.9M | $20.7M | $26.9M | $25.5M | $24.5M |
| Shareholders' equity | ||||||||||||
| Retained earnings (deficit) | $10.1M | $7.5M | $5.5M | $3.2M | $2.7M | $1.4M | $164,000 | −$1.4M | −$1.8M | −$3.0M | −$3.5M | −$5.0M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | $0 | $0 | $0 | $0 |
| Total shareholders' equity | $167.4M | $55.4M | $52.6M | $49.6M | $29.6M | $26.4M | $24.9M | $23.0M | $22.3M | $20.3M | $19.6M | $18.0M |
| Key figures | ||||||||||||
| Total debt | $12.9M | $13.7M | $14.5M | $22.6M | $10.5M | $12.8M | $10.1M | $11.1M | $10.9M | $12.6M | $13.1M | $14.5M |
| Net cash (debt) | $125.7M | $10.7M | $5.5M | −$4.5M | −$1.1M | −$750,000 | −$3.0M | −$1.7M | −$3.5M | $407,000 | −$2.1M | −$8.8M |
| Working capital | $140.2M | $27.8M | $24.3M | $18.8M | $8.6M | $5.5M | $4.9M | $3.2M | $5.4M | $6.8M | $6.9M | $6.0M |
| Tangible book value | $155.7M | $43.3M | $40.1M | $36.6M | $18.3M | $14.7M | $12.8M | $10.5M | $9.5M | $7.1M | $6.0M | $4.0M |
| Book value per share | $3.69 | $1.28 | $1.27 | $1.18 | $0.74 | $0.67 | $0.63 | $0.58 | $0.56 | $0.52 | $0.53 | $0.48 |
| Shares outstanding | 45.3M | 43.3M | 41.4M | 41.9M | 39.7M | 39.4M | 39.6M | 39.4M | 39.6M | 39.3M | 37.0M | 37.6M |
| Current ratio | 6.93 | 2.32 | 2.17 | 1.85 | 1.58 | 1.29 | 1.28 | 1.17 | 1.37 | 1.37 | 1.41 | 1.42 |
| Quick ratio | 6.41 | 1.79 | 1.59 | 1.32 | 1.09 | 0.95 | 0.90 | 0.95 | 1.08 | 1.14 | 1.13 | 1.17 |
| Debt / equity | 0.08 | 0.25 | 0.27 | 0.46 | 0.36 | 0.48 | 0.41 | 0.48 | 0.49 | 0.62 | 0.67 | 0.81 |
| Equity / assets | 83.1% | 63.2% | 61.4% | 59.0% | 57.7% | 50.1% | 52.9% | 48.0% | 51.9% | 43.1% | 43.4% | 42.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 14, 2026); data from EODHD.
MAMA financial position
At the end of fiscal 2026 (January 31, 2026), Mama's Creations had total assets of $85.7 million (up 82.1% from a year earlier), total liabilities of $33.1 million and shareholders' equity of $52.6 million. It held $20.0 million in cash and short-term investments against $14.5 million of debt, a net cash position of $5.5 million. Its current ratio was 2.17. In the latest quarter (ended July 31, 2026) total assets were $201.4 million and equity $167.4 million.
Related: MAMA income statement, MAMA cash flow statement, MAMA key metrics. See the MAMA stock overview for the latest quote and news.
MAMA balance sheet FAQ
What are Mama's Creations's total assets?
Mama's Creations reported total assets of $85.7 million at the end of fiscal 2026 (January 31, 2026), compared with $47.1 million a year earlier.
How much debt does Mama's Creations have?
Mama's Creations had $14.5 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.27.
How much cash does Mama's Creations have?
Mama's Creations held $20.0 million in cash and short-term investments at the end of fiscal 2026; with $14.5 million of debt that is net cash of $5.5 million.
What is Mama's Creations's book value?
Mama's Creations's shareholders' equity (book value) was $52.6 million at the end of fiscal 2026, or $1.27 per share.
What is Mama's Creations's current ratio?
Mama's Creations had current assets of $45.1 million and current liabilities of $20.8 million, a current ratio of 2.17 (it can cover its short-term obligations).
How much goodwill does Mama's Creations have?
Mama's Creations carried $12.5 million of goodwill and intangible assets, 14.6% of total assets, at the end of fiscal 2026.