MetaVia Inc. (MTVA) Balance Sheet
MTVA balance sheet, 2025
December 31, 2025 · U.S. dollars$69.1M assets = $63.8M liabilities + $5.3M equity
Both columns are drawn to the same scale: what MTVA owns equals what it owes plus shareholders’ equity. Hover a block for its value.
MTVA financial health
Descriptive bands, not a rating. Fiscal 2025.
MTVA balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $24.8M2016 | $69.1M2025 | +12.1%/yr | |
| Total liabilities | $4.1M2016 | $63.8M2025 | +35.6%/yr | |
| Shareholders’ equity | $20.6M2016 | $5.3M2025 | −14.0%/yr | |
| Cash & short-term investments | $24.0M2016 | $10.3M2025 | −9.0%/yr | |
| Total debt | $10.0M2017 | $210,0002025 | −38.3%/yr | |
| Net cash (debt) | $8.4M2017 | $10.1M2025 | +$1.6M | |
| Working capital | $20.6M2016 | $5.2M2025 | −$15.4M | |
| Current ratio | 6.002016 | 1.932025 | −4.08 | |
| Debt / equity | 2.552017 | 0.042025 | −2.51 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
MTVA assets
MTVA liabilities and equity
MTVA debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
MTVA balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $10.3M | $16.0M | $22.4M | $33.4M | $16.4M | $10.1M | $13.9M | $2.8M | $18.5M | $24.0M |
| Cash & equivalents | $10.3M | $16.0M | $22.4M | $33.4M | $16.4M | $10.1M | $13.9M | $2.8M | $18.5M | $24.0M |
| Receivables | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $597,000 | $55,000 | $77,000 | $168,000 | $197,000 | $594,000 | $210,000 | $963,000 | $536,000 | $713,000 |
| Total current assets | $10.9M | $16.1M | $22.5M | $33.5M | $16.6M | $10.7M | $14.1M | $3.8M | $19.0M | $24.7M |
| Property, plant & equipment (net) | $227,000 | $167,000 | $248,000 | $2,000 | $215,000 | $285,000 | $350,000 | $12,000 | $0 | $0 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $58.0M | $21,000 | $21,000 | $0 | $0 | $0 | $0 | $0 | $8,000 | $8,000 |
| Total assets | $69.1M | $16.3M | $22.8M | $33.5M | $16.8M | $11.0M | $14.5M | $3.8M | $19.0M | $24.8M |
| Liabilities | ||||||||||
| Accounts payable | $1.1M | $3.9M | $821,000 | $708,000 | $830,000 | $2.6M | $638,000 | $170,000 | $4.0M | $2.0M |
| Short-term debt | $68,000 | $78,000 | $67,000 | — | $26,000 | $24,000 | $22,000 | $9.4M | $1.4M | — |
| Total current liabilities | $5.6M | $8.3M | $6.0M | $11.8M | $2.2M | $3.7M | $2.1M | $219,000 | $6.4M | $4.1M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $210,000 | $136,000 | $203,000 | $0 | $71,000 | $94,000 | — | — | — | — |
| Other long-term liabilities | $58.1M | $58,000 | $136,000 | $0 | $45,000 | $70,000 | $94,000 | $16.9M | $8.7M | $1,000 |
| Total liabilities | $63.8M | $8.3M | $6.1M | $11.8M | $2.2M | $3.8M | $2.2M | $17.1M | $15.1M | $4.1M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $2,000 | $9,000 | $5,000 | $25,000 | $1,000 | $20,000 | $16,000 | — | $18,000 | $17,000 |
| Retained earnings (deficit) | −$148.8M | −$135.9M | −$108.3M | −$95.8M | −$81.8M | −$66.5M | −$36.9M | −$15.6M | −$60.5M | −$27.1M |
| Accumulated other comprehensive income | — | — | — | — | $4,000 | $14,000 | $12,000 | $2,000 | — | — |
| Total shareholders' equity | $5.3M | $7.9M | $16.7M | $21.8M | $14.6M | $7.2M | $12.3M | −$13.3M | $3.9M | $20.6M |
| Key figures | ||||||||||
| Total debt | $210,000 | $136,000 | $203,000 | — | $71,000 | $94,000 | $116,000 | $9.6M | $10.0M | — |
| Net cash (debt) | $10.1M | $15.9M | $22.2M | — | $16.3M | $10.0M | $13.8M | −$6.7M | $8.4M | — |
| Working capital | $5.2M | $7.8M | $16.6M | $21.7M | $14.4M | $7.0M | $12.0M | $3.6M | $12.6M | $20.6M |
| Tangible book value | $5.3M | $7.9M | $16.7M | $21.8M | $14.6M | $7.2M | $12.3M | −$13.3M | $3.9M | $20.6M |
| Book value per share | $3.02 | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 1.8M | — | — | — | — | — | — | — | — | — |
| Current ratio | 1.93 | 1.94 | 3.78 | 2.85 | 7.69 | 2.89 | 6.78 | 17.39 | 2.97 | 6.00 |
| Quick ratio | 1.82 | 1.94 | 3.76 | 2.83 | 7.60 | 2.73 | 6.68 | 12.99 | 2.89 | 5.83 |
| Debt / equity | 0.04 | 0.02 | 0.01 | — | 0.00 | 0.01 | 0.01 | — | 2.55 | — |
| Equity / assets | 7.7% | 48.8% | 73.2% | 64.9% | 86.9% | 65.7% | 85.0% | −347.8% | 20.7% | 83.3% |
| 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 | $12.6M | $13.7M | $10.3M | $14.3M | $17.6M | $11.2M | $16.0M | $21.7M | $27.9M | $16.0M | $22.4M | $25.8M |
| Cash & equivalents | $12.6M | $13.7M | $10.3M | $14.3M | $17.6M | $11.2M | $16.0M | $21.7M | $27.9M | $16.0M | $22.4M | $25.8M |
| Short-term investments | — | — | — | — | $2,000 | — | — | — | — | — | — | — |
| Receivables | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $73,000 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $433,000 | $431,000 | $597,000 | $369,000 | $724,000 | $771,000 | $55,000 | $266,000 | $583,000 | $703,000 | $77,000 | $308,000 |
| Total current assets | $13.1M | $14.2M | $10.9M | $14.6M | $18.3M | $12.0M | $16.1M | $21.9M | $28.5M | $16.8M | $22.5M | $26.1M |
| Property, plant & equipment (net) | $183,000 | $205,000 | $227,000 | $98,000 | $123,000 | $145,000 | $167,000 | $190,000 | $213,000 | $233,000 | $248,000 | $259,000 |
| 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 | $21,000 | $21,000 | $58.0M | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 |
| Total assets | $13.3M | $14.4M | $69.1M | $14.8M | $18.5M | $12.1M | $16.3M | $22.1M | $28.8M | $17.0M | $22.8M | $26.4M |
| Liabilities | ||||||||||||
| Accounts payable | $921,000 | $1.0M | $1.1M | $2.6M | $2.9M | $3.1M | $3.9M | $1.0M | $2.6M | $2.1M | $821,000 | $2.0M |
| Short-term debt | $74,000 | $71,000 | $68,000 | $79,000 | $83,000 | $81,000 | $78,000 | $75,000 | $72,000 | $70,000 | $67,000 | $65,000 |
| Total current liabilities | $6.3M | $5.2M | $5.6M | $8.4M | $8.8M | $7.7M | $8.3M | $9.1M | $9.7M | $6.8M | $6.0M | $4.7M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $177,000 | $194,000 | $210,000 | $79,000 | $98,000 | $118,000 | $136,000 | $154,000 | $170,000 | $187,000 | $203,000 | $218,000 |
| Other long-term liabilities | $103,000 | $123,000 | $58.1M | $0 | $15,000 | $37,000 | $58,000 | $79,000 | $98,000 | $117,000 | $136,000 | $153,000 |
| Total liabilities | $6.4M | $5.3M | $63.8M | $8.4M | $8.8M | $7.7M | $8.3M | $9.2M | $9.8M | $6.9M | $6.1M | $4.9M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $7,000 | $5,000 | $2,000 | $24,000 | $24,000 | $9,000 | $9,000 | $9,000 | $8,000 | $5,000 | $5,000 | $38,000 |
| Retained earnings (deficit) | −$158.0M | −$152.7M | −$148.8M | −$146.9M | −$143.5M | −$139.5M | −$135.9M | −$130.7M | −$125.0M | −$115.0M | −$108.3M | −$103.0M |
| Total shareholders' equity | $6.8M | $9.1M | $5.3M | $6.3M | $9.6M | $4.4M | $7.9M | $13.0M | $18.9M | $10.1M | $16.7M | $21.6M |
| Key figures | ||||||||||||
| Total debt | $177,000 | $194,000 | $210,000 | $79,000 | $98,000 | $118,000 | $136,000 | $154,000 | $170,000 | $187,000 | $203,000 | $218,000 |
| Net cash (debt) | $12.5M | $13.5M | $10.1M | $14.2M | $17.5M | $11.1M | $15.9M | $21.5M | $27.8M | $15.8M | $22.2M | $25.6M |
| Working capital | $6.7M | $9.0M | $5.2M | $6.2M | $9.5M | $4.3M | $7.8M | $12.8M | $18.8M | $9.9M | $16.6M | $21.4M |
| Tangible book value | $6.8M | $9.1M | $5.3M | $6.3M | $9.6M | $4.4M | $7.9M | $13.0M | $18.9M | $10.1M | $16.7M | $21.6M |
| Book value per share | $1.15 | $1.87 | $2.31 | $2.85 | $6.92 | — | — | — | — | — | — | — |
| Shares outstanding | 5.9M | 4.9M | 2.3M | 2.2M | 1.4M | — | — | — | — | — | — | — |
| Current ratio | 2.06 | 2.73 | 1.93 | 1.74 | 2.08 | 1.55 | 1.94 | 2.41 | 2.94 | 2.46 | 3.78 | 5.54 |
| Quick ratio | 1.99 | 2.64 | 1.82 | 1.69 | 1.99 | 1.45 | 1.94 | 2.38 | 2.88 | 2.35 | 3.76 | 5.47 |
| Debt / equity | 0.03 | 0.02 | 0.04 | 0.01 | 0.01 | 0.03 | 0.02 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 |
| Equity / assets | 51.4% | 63.1% | 7.7% | 42.9% | 52.1% | 36.1% | 48.8% | 58.5% | 65.9% | 59.2% | 73.2% | 81.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 26, 2026); data from EODHD.
MTVA financial position
At the end of fiscal 2025 (December 31, 2025), MetaVia had total assets of $69.1 million (up 325.1% from a year earlier), total liabilities of $63.8 million and shareholders' equity of $5.3 million. It held $10.3 million in cash and short-term investments against $0.2 million of debt, a net cash position of $10.1 million. Its current ratio was 1.93. In the latest quarter (ended June 30, 2026) total assets were $13.3 million and equity $6.8 million.
Related: MTVA income statement, MTVA cash flow statement, MTVA key metrics. See the MTVA stock overview for the latest quote and news.
MTVA balance sheet FAQ
What are MetaVia's total assets?
MetaVia reported total assets of $69.1 million at the end of fiscal 2025 (December 31, 2025), compared with $16.3 million a year earlier.
How much debt does MetaVia have?
MetaVia had $0.2 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.04.
How much cash does MetaVia have?
MetaVia held $10.3 million in cash and short-term investments at the end of fiscal 2025; with $0.2 million of debt that is net cash of $10.1 million.
What is MetaVia's book value?
MetaVia's shareholders' equity (book value) was $5.3 million at the end of fiscal 2025, or $3.02 per share.
What is MetaVia's current ratio?
MetaVia had current assets of $10.9 million and current liabilities of $5.6 million, a current ratio of 1.93 (it can cover its short-term obligations).