Mingteng International Corporation Inc. (MTEN) Balance Sheet
MTEN balance sheet, 2025
December 31, 2025 · U.S. dollars$31.3M assets = $9.2M liabilities + $22.1M equity
Both columns are drawn to the same scale: what MTEN owns equals what it owes plus shareholders’ equity. Hover a block for its value.
MTEN financial health
Descriptive bands, not a rating. Fiscal 2025.
MTEN balance sheet trends, 2020–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $851,9472020 | $31.3M2025 | +105.5%/yr | |
| Total liabilities | $552,6402020 | $9.2M2025 | +75.5%/yr | |
| Shareholders’ equity | $299,3072020 | $22.1M2025 | +136.3%/yr | |
| Cash & short-term investments | $67,4002020 | $1.6M2025 | +89.1%/yr | |
| Total debt | $114,2972020 | $2.9M2025 | +90.5%/yr | |
| Net cash (debt) | −$46,8972020 | −$1.2M2025 | −$1.2M | |
| Working capital | $108,0962020 | $1.6M2025 | +$1.4M | |
| Current ratio | 1.212020 | 1.192025 | −0.02 | |
| Debt / equity | 0.382020 | 0.132025 | −0.25 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
MTEN assets
MTEN liabilities and equity
MTEN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
MTEN balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & short-term investments | $1.6M | $2.1M | $1.1M | $257,968 | $48,174 | $67,400 |
| Cash & equivalents | $1.5M | $2.1M | $1.1M | $257,968 | $48,174 | $67,400 |
| Short-term investments | $177,982 | $0 | $907,307 | — | — | — |
| Receivables | $6.6M | $5.2M | $3.5M | $463,240 | $2.2M | $375,987 |
| Inventory | $1.6M | $178,926 | $1.2M | $187,270 | $218,202 | $191,113 |
| Other current assets | $98,114 | $1.2M | $871,620 | $1 | $0 | $0 |
| Total current assets | $9.9M | $8.6M | $6.7M | $908,479 | $749,171 | $634,500 |
| Property, plant & equipment (net) | $6.0M | $3.9M | $3.3M | $459,865 | $358,089 | $176,659 |
| Goodwill & intangible assets | $44,067 | $67,710 | $0 | $0 | $1 | $0 |
| Long-term investments | $0 | $1.4M | $0 | $0 | $0 | $0 |
| Other non-current assets | $15.3M | $672 | $715,771 | $80,055 | $140,377 | $40,788 |
| Total assets | $31.3M | $14.0M | $10.7M | $1.4M | $1.2M | $851,947 |
| Liabilities | ||||||
| Accounts payable | $3.6M | $1.3M | $1.1M | $175,627 | $547,794 | $2.2M |
| Short-term debt | $2.1M | $1.4M | $314,907 | $311,248 | $381,895 | $747,483 |
| Deferred revenue | $108,356 | $515,650 | $401,935 | $8,808 | $16,221 | $28,180 |
| Total current liabilities | $8.3M | $5.3M | $3.0M | $564,742 | $501,004 | $526,404 |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $1.1M | $33,414 | $0 | $100,565 | $241,335 | $57,817 |
| Other long-term liabilities | $900,423 | $241,959 | $246,893 | $9,931 | $20,592 | $26,235 |
| Total liabilities | $9.2M | $5.5M | $3.3M | $574,672 | $521,596 | $552,640 |
| Shareholders' equity | ||||||
| Common stock & paid-in capital | $223 | $68 | $50 | $7 | $8 | $8 |
| Retained earnings (deficit) | −$999,866 | $1.3M | $6.5M | $713,435 | $513,402 | $143,451 |
| Accumulated other comprehensive income | $221,342 | −$419,559 | $83,200 | $31,206 | $94,646 | $40,865 |
| Total shareholders' equity | $22.1M | $8.5M | $7.4M | $873,727 | $726,042 | $299,307 |
| Key figures | ||||||
| Total debt | $2.9M | $1.4M | $314,907 | $210,683 | $148,609 | $114,297 |
| Net cash (debt) | −$1.2M | $656,000 | $741,329 | $47,285 | −$100,435 | −$46,897 |
| Working capital | $1.6M | $3.4M | $3.6M | $343,737 | $248,167 | $108,096 |
| Tangible book value | $22.0M | $8.4M | $7.4M | $873,727 | $726,041 | $299,307 |
| Current ratio | 1.19 | 1.64 | 2.21 | 1.61 | 1.50 | 1.21 |
| Quick ratio | 0.99 | 1.37 | 1.51 | 1.28 | 4.42 | 0.84 |
| Debt / equity | 0.13 | 0.17 | 0.04 | 0.24 | 0.20 | 0.38 |
| Equity / assets | 70.6% | 60.6% | 69.5% | 60.3% | 58.2% | 35.1% |
| Mar '26 | Dec '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.6M | $1.6M | $1.8M | $2.1M | $2.1M | $2.1M | $1.4M | $1.4M | $1.1M | $1.1M | $1.6M | $1.6M |
| Cash & equivalents | $1.5M | $1.5M | $1.8M | $2.1M | $2.1M | $2.1M | $1.4M | $1.4M | $1.1M | $1.1M | $1.6M | $1.6M |
| Short-term investments | $177,982 | $177,982 | — | — | $0 | — | — | — | — | — | — | — |
| Receivables | $6.6M | $5.0M | $5.7M | $5.2M | $5.2M | $4.2M | $3.8M | $3.8M | $3.5M | $3.5M | $2.7M | $2.7M |
| Inventory | $1.6M | $1.6M | $1.5M | $1.2M | $1.2M | $1.3M | $1.6M | $1.6M | $1.2M | $1.6M | $1.3M | $1.6M |
| Other current assets | $98,114 | $1.7M | $120,717 | $218,457 | $218,457 | $1.1M | $929,000 | $928,956 | $871,620 | $483,510 | $1.1M | $820,379 |
| Total current assets | $9.9M | $9.9M | $9.0M | $8.6M | $8.6M | $8.6M | $7.7M | $7.7M | $6.7M | $6.7M | $6.7M | $6.7M |
| Property, plant & equipment (net) | $6.0M | $6.0M | $3.7M | $3.9M | $3.9M | $3.9M | $3.7M | $3.7M | $3.3M | $3.3M | $2.8M | $2.8M |
| Goodwill & intangible assets | $44,067 | $0 | $55,630 | $67,710 | $67,710 | $67,710 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $1.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $15.3M | $15.4M | $0 | $1.4M | $672 | $1.4M | $2.5M | $2.5M | $715,771 | $715,771 | $651,967 | $651,967 |
| Total assets | $31.3M | $31.3M | $12.8M | $14.0M | $14.0M | $14.0M | $13.9M | $13.9M | $10.7M | $10.7M | $10.2M | $10.2M |
| Liabilities | ||||||||||||
| Accounts payable | $3.6M | $3.6M | $1.2M | $1.3M | $1.3M | $1.5M | $1.3M | $1.5M | $1.3M | $1.3M | $1.0M | $1.0M |
| Short-term debt | $2.1M | — | $1.6M | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M | $314,907 | $314,907 | $1.5M | $1.5M |
| Deferred revenue | $108,356 | — | $302,507 | $515,650 | $515,650 | $39,813 | $39,813 | $401,935 | $401,935 | — | $87,748 | — |
| Total current liabilities | $8.3M | $8.3M | $5.4M | $5.3M | $5.3M | $5.3M | $4.2M | $4.2M | $3.0M | $3.0M | $3.7M | $3.7M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | $1.1M | $27,081 | — | $33,414 | — | — | — | $0 | — | $43,025 | — |
| Other long-term liabilities | $900,423 | $900,423 | $242,773 | $241,959 | $241,959 | $241,959 | $224,583 | $224,583 | $246,893 | $0 | $168,780 | $0 |
| Total liabilities | $9.2M | $9.2M | $5.7M | $5.5M | $5.5M | $5.5M | $4.4M | $4.4M | $3.3M | $3.0M | $3.8M | $3.7M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $223 | — | $68 | $68 | $68 | $68 | $62 | $62 | $50 | $50 | $50 | $50 |
| Retained earnings (deficit) | −$999,866 | −$999,866 | −$569,562 | $787,211 | $787,211 | $1.3M | $6.2M | $6.7M | $6.5M | $6.9M | $5.5M | $6.0M |
| Accumulated other comprehensive income | $221,342 | — | $76,317 | $46,013 | $46,013 | −$420,000 | $70,800 | −$394,771 | $83,200 | −$382,372 | −$27,247 | −$492,818 |
| Total shareholders' equity | $22.1M | $22.1M | $7.1M | $8.5M | $8.5M | $8.5M | $9.5M | $9.5M | $7.4M | $7.4M | $6.4M | $6.4M |
| Key figures | ||||||||||||
| Total debt | $2.9M | — | $1.6M | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M | $314,907 | $314,907 | $1.5M | $1.5M |
| Net cash (debt) | −$1.2M | — | $141,110 | $656,000 | $656,000 | $656,000 | −$57,000 | −$56,601 | $741,329 | $741,329 | $96,424 | $139,449 |
| Working capital | $1.6M | $1.6M | $3.6M | $3.4M | $3.4M | $3.4M | $3.5M | $3.5M | $3.6M | $3.6M | $3.1M | $3.1M |
| Tangible book value | $22.0M | $22.1M | $7.1M | $8.4M | $8.4M | $8.4M | $9.5M | $9.5M | $7.4M | $7.4M | $6.4M | $6.4M |
| Book value per share | — | — | — | $1.34 | — | $1.34 | — | $1.74 | — | $1.49 | — | $1.28 |
| Shares outstanding | — | — | — | 6.3M | — | 6.3M | — | 5.4M | — | 5.0M | — | 5.0M |
| Current ratio | 1.19 | 1.19 | 1.66 | 1.64 | 1.64 | 1.64 | 1.84 | 1.84 | 2.21 | 2.21 | 1.83 | 1.83 |
| Quick ratio | 0.99 | 0.79 | 1.36 | 1.37 | 1.37 | 1.19 | 1.24 | 1.24 | 1.51 | 1.51 | 1.18 | 1.18 |
| Debt / equity | 0.13 | — | 0.23 | 0.17 | 0.17 | 0.17 | 0.15 | 0.15 | 0.04 | 0.04 | 0.23 | 0.23 |
| Equity / assets | 70.6% | 70.6% | 55.6% | 60.6% | 60.6% | 60.6% | 68.4% | 68.4% | 69.5% | 69.5% | 62.5% | 62.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 30, 2026); data from EODHD.
MTEN financial position
At the end of fiscal 2025 (December 31, 2025), Mingteng International had total assets of $31.3 million (up 123.9% from a year earlier), total liabilities of $9.2 million and shareholders' equity of $22.1 million. It held $1.6 million in cash and short-term investments against $2.9 million of debt, net debt of $1.2 million. Its current ratio was 1.19. In the latest quarter (ended March 31, 2026) total assets were $31.3 million and equity $22.1 million.
Related: MTEN income statement, MTEN cash flow statement, MTEN key metrics. See the MTEN stock overview for the latest quote and news.
MTEN balance sheet FAQ
What are Mingteng International's total assets?
Mingteng International reported total assets of $31.3 million at the end of fiscal 2025 (December 31, 2025), compared with $14.0 million a year earlier.
How much debt does Mingteng International have?
Mingteng International had $2.9 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.13.
How much cash does Mingteng International have?
Mingteng International held $1.6 million in cash and short-term investments at the end of fiscal 2025; with $2.9 million of debt that is net debt of $1.2 million.
What is Mingteng International's book value?
Mingteng International's shareholders' equity (book value) was $22.1 million at the end of fiscal 2025.
What is Mingteng International's current ratio?
Mingteng International had current assets of $9.9 million and current liabilities of $8.3 million, a current ratio of 1.19 (it can cover its short-term obligations).
How much goodwill does Mingteng International have?
Mingteng International carried $0.0 million of goodwill and intangible assets, 0.1% of total assets, at the end of fiscal 2025.