Nature's Sunshine Products, Inc. (NATR) Balance Sheet
NATR balance sheet, 2025
December 31, 2025 · U.S. dollars$261.1M assets = $99.6M liabilities + $161.6M equity
Both columns are drawn to the same scale: what NATR owns equals what it owes plus shareholders’ equity. Hover a block for its value.
NATR financial health
Descriptive bands, not a rating. Fiscal 2025.
NATR balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $205.6M2016 | $261.1M2025 | +2.7%/yr | |
| Total liabilities | $73.2M2016 | $99.6M2025 | +3.5%/yr | |
| Shareholders’ equity | $131.1M2016 | $161.6M2025 | +2.3%/yr | |
| Cash & short-term investments | $34.1M2016 | $93.9M2025 | +11.9%/yr | |
| Total debt | $9.9M2016 | $18.9M2025 | +7.4%/yr | |
| Net cash (debt) | $24.1M2016 | $75.0M2025 | +$50.9M | |
| Working capital | $37.1M2016 | $100.3M2025 | +$63.2M | |
| Book value per share | $6.882016 | $8.752025 | +2.7%/yr | |
| Current ratio | 1.592016 | 2.282025 | +0.69 | |
| Debt / equity | 0.082016 | 0.122025 | +0.04 | |
| Shares outstanding | 19.1M2016 | 18.5M2025 | −0.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
NATR assets
NATR liabilities and equity
NATR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
NATR balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $93.9M | $84.7M | $82.4M | $60.0M | $86.2M | $92.1M | $53.6M | $50.6M | $42.9M | $34.1M |
| Cash & equivalents | $93.9M | $84.7M | $82.4M | $60.0M | $86.2M | $92.1M | $53.6M | $50.6M | $42.9M | $32.3M |
| Short-term investments | — | — | — | $3.9M | — | $989,000 | — | — | $0 | $1.8M |
| Receivables | $8.6M | $9.5M | $8.8M | $14.1M | $8.9M | $7.4M | $7.3M | $7.8M | $8.9M | $7.7M |
| Inventory | $68.3M | $59.4M | $66.9M | $67.9M | $60.9M | $47.7M | $46.7M | $42.0M | $44.0M | $47.6M |
| Other current assets | $8.0M | $7.0M | $7.7M | $7.4M | $8.8M | $6.9M | $5.1M | $6.4M | $6.7M | $10.7M |
| Total current assets | $178.8M | $160.6M | $165.8M | $149.5M | $164.7M | $154.1M | $112.7M | $106.8M | $102.5M | $100.1M |
| Property, plant & equipment (net) | $50.5M | $52.4M | $58.4M | $62.3M | $69.2M | $74.6M | $83.5M | $64.1M | $69.1M | $73.3M |
| Goodwill & intangible assets | $0 | $0 | $0 | $1.5M | $0 | $0 | $567,000 | $618,000 | $709,000 | $976,000 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.3M | $2.0M | $1.4M |
| Other non-current assets | $31.8M | $27.9M | $25.6M | $16.4M | $25.0M | $20.9M | $16.3M | $20.2M | $20.9M | $29.8M |
| Total assets | $261.1M | $240.9M | $249.8M | $229.8M | $258.9M | $249.5M | $213.1M | $193.0M | $195.2M | $205.6M |
| Liabilities | ||||||||||
| Accounts payable | $8.0M | $8.9M | $7.9M | $6.3M | $9.7M | $6.5M | $4.4M | $5.2M | $4.2M | $5.3M |
| Short-term debt | $3.3M | $3.9M | $4.5M | $5.4M | $5.9M | $7.5M | $6.5M | $1.5M | $506,000 | $9.9M |
| Deferred revenue | $5.8M | $2.8M | $1.8M | $2.3M | $3.7M | $2.1M | $1.3M | $1.2M | $3.3M | $3.7M |
| Total current liabilities | $78.5M | $65.7M | $76.8M | $65.6M | $76.7M | $69.7M | $57.9M | $66.7M | $53.7M | $63.0M |
| Long-term debt | $0 | $0 | $0 | $0 | $1.2M | $2.4M | $0 | $0 | $13.2M | $0 |
| Lease obligations | $18.9M | $14.2M | $14.9M | $18.0M | $20.3M | $21.4M | $25.2M | — | — | — |
| Other long-term liabilities | $21.1M | $14.2M | $13.5M | $17.1M | $19.6M | $20.2M | $25.7M | $5.8M | $8.6M | $10.1M |
| Total liabilities | $99.6M | $79.9M | $90.2M | $82.7M | $97.5M | $92.3M | $83.6M | $72.4M | $75.5M | $73.2M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $102.2M | $114.6M | $119.7M | $121.6M | $133.4M | $139.3M | $135.7M | $133.7M | $131.5M | $129.7M |
| Retained earnings (deficit) | $76.9M | $57.4M | $49.7M | $34.6M | $35.0M | $26.0M | $4.7M | −$2.1M | −$2.1M | $12.7M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$17.6M | −$16.7M | −$15.3M | −$13.3M | −$10.2M | −$10.0M | −$11.2M | −$11.1M | −$10.1M | −$11.3M |
| Minority interest | $0 | $5.7M | $5.5M | $4.1M | $3.2M | $1.8M | $227,000 | $63,000 | $411,000 | $1.3M |
| Total shareholders' equity | $161.6M | $155.3M | $154.1M | $142.9M | $158.2M | $155.4M | $129.2M | $120.5M | $119.3M | $131.1M |
| Key figures | ||||||||||
| Total debt | $18.9M | $14.2M | $14.9M | $19.2M | $23.0M | $26.3M | $26.7M | $1.5M | $13.7M | $9.9M |
| Net cash (debt) | $75.0M | $70.5M | $67.5M | $40.8M | $63.2M | $65.7M | $27.0M | $49.1M | $29.2M | $24.1M |
| Working capital | $100.3M | $94.9M | $89.1M | $83.9M | $88.0M | $84.4M | $54.8M | $40.1M | $48.9M | $37.1M |
| Tangible book value | $161.6M | $155.3M | $154.1M | $141.4M | $158.2M | $155.4M | $128.6M | $119.9M | $118.6M | $130.1M |
| Book value per share | $8.75 | $8.34 | $7.91 | $7.39 | $7.78 | $7.78 | $6.57 | $6.30 | $6.32 | $6.88 |
| Shares outstanding | 18.5M | 18.6M | 19.5M | 19.3M | 20.3M | 20.0M | 19.7M | 19.1M | 18.9M | 19.1M |
| Current ratio | 2.28 | 2.44 | 2.16 | 2.28 | 2.15 | 2.21 | 1.94 | 1.60 | 1.91 | 1.59 |
| Quick ratio | 1.31 | 1.43 | 1.19 | 1.13 | 1.24 | 1.43 | 1.05 | 0.88 | 0.97 | 0.66 |
| Debt / equity | 0.12 | 0.09 | 0.10 | 0.13 | 0.15 | 0.17 | 0.21 | 0.01 | 0.11 | 0.08 |
| Equity / assets | 61.9% | 64.5% | 61.7% | 62.2% | 61.1% | 62.3% | 60.6% | 62.4% | 61.1% | 63.8% |
| 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 | $82.5M | $87.6M | $93.9M | $95.6M | $81.3M | $86.5M | $84.7M | $78.7M | $68.7M | $77.8M | $82.4M | $76.0M |
| Cash & equivalents | $82.5M | $87.6M | $93.9M | $95.6M | $81.3M | $86.5M | $84.7M | $78.7M | $68.7M | $77.8M | $82.4M | $76.0M |
| Receivables | $13.9M | $12.5M | $8.6M | $15.1M | $13.0M | $11.4M | $9.5M | $11.4M | $11.3M | $9.7M | $8.8M | $9.5M |
| Inventory | $71.7M | $67.1M | $68.3M | $67.3M | $69.3M | $64.9M | $59.4M | $62.3M | $62.3M | $62.7M | $66.9M | $66.3M |
| Other current assets | $10.3M | $11.3M | $8.0M | $8.1M | $8.1M | $8.0M | $7.0M | $11.1M | $9.7M | $10.0M | $7.7M | $8.4M |
| Total current assets | $178.4M | $178.6M | $178.8M | $186.1M | $171.8M | $170.8M | $160.6M | $163.5M | $152.0M | $160.2M | $165.8M | $160.2M |
| Property, plant & equipment (net) | $50.2M | $51.8M | $50.5M | $46.9M | $50.1M | $51.2M | $52.4M | $55.8M | $58.6M | $61.2M | $58.4M | $60.4M |
| 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 | $892,000 | $890,000 | $802,000 | $0 | $692,000 |
| Other non-current assets | $31.2M | $31.1M | $31.8M | $31.8M | $32.9M | $30.8M | $27.9M | $25.1M | $24.4M | $25.1M | $25.6M | $18.6M |
| Total assets | $259.8M | $261.5M | $261.1M | $264.8M | $254.9M | $252.7M | $240.9M | $245.3M | $235.8M | $247.3M | $249.8M | $239.9M |
| Liabilities | ||||||||||||
| Accounts payable | $7.7M | $8.3M | $8.0M | $7.1M | $9.9M | $9.9M | $8.9M | $8.9M | $8.4M | $9.0M | $7.9M | $7.2M |
| Short-term debt | $4.4M | $4.4M | $3.3M | $4.6M | $4.6M | $4.3M | $3.9M | $4.0M | $4.0M | $5.1M | $4.5M | $4.7M |
| Deferred revenue | $2.0M | $2.8M | $5.8M | $7.5M | $5.5M | $2.5M | $2.8M | $1.7M | $2.2M | $1.9M | $1.8M | $1.3M |
| Total current liabilities | $68.7M | $71.4M | $78.5M | $83.6M | $75.9M | $70.7M | $65.7M | $67.2M | $63.6M | $68.9M | $76.8M | $73.3M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.1M | $0 | $0 |
| Lease obligations | $21.4M | $22.4M | $18.9M | $14.3M | $15.6M | $14.8M | $14.2M | $15.3M | $15.4M | $17.7M | $14.9M | $15.8M |
| Other long-term liabilities | $21.8M | $23.2M | $21.1M | $14.5M | $15.3M | $14.9M | $14.2M | $15.6M | $15.8M | $16.6M | $13.5M | $14.6M |
| Total liabilities | $90.5M | $94.5M | $99.6M | $98.1M | $91.2M | $85.6M | $79.9M | $82.7M | $79.4M | $87.6M | $90.2M | $87.9M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $100.8M | $102.3M | $102.2M | $103.6M | $104.7M | $115.1M | $114.6M | $113.9M | $114.0M | $119.1M | $119.7M | $123.0M |
| Retained earnings (deficit) | $85.6M | $82.0M | $76.9M | $72.8M | $67.5M | $62.2M | $57.4M | $57.7M | $53.4M | $52.0M | $49.7M | $40.7M |
| Accumulated other comprehensive income | −$17.1M | −$17.4M | −$17.6M | −$15.9M | −$14.5M | −$16.0M | −$16.7M | −$15.1M | −$16.8M | −$17.0M | −$15.3M | −$16.8M |
| Minority interest | — | — | $0 | $6.2M | $6.0M | — | — | — | — | — | — | — |
| Total shareholders' equity | $169.3M | $166.9M | $161.6M | $160.5M | $157.7M | $161.3M | $155.3M | $156.5M | $150.6M | $154.1M | $154.1M | $146.9M |
| Key figures | ||||||||||||
| Total debt | $21.4M | $22.4M | $18.9M | $14.3M | $15.6M | $14.8M | $14.2M | $15.3M | $15.4M | $19.8M | $14.9M | $16.0M |
| Net cash (debt) | $61.1M | $65.1M | $75.0M | $81.3M | $65.7M | $71.6M | $70.5M | $63.4M | $53.3M | $58.0M | $67.5M | $60.0M |
| Working capital | $109.7M | $107.2M | $100.3M | $102.4M | $96.0M | $100.0M | $94.9M | $96.4M | $88.4M | $91.3M | $89.1M | $86.9M |
| Tangible book value | $169.3M | $166.9M | $161.6M | $160.5M | $157.7M | $161.3M | $155.3M | $156.5M | $150.6M | $154.1M | $154.1M | $146.9M |
| Book value per share | $9.23 | $9.31 | $9.01 | $8.90 | $8.31 | $8.56 | $8.40 | $8.29 | $7.88 | $8.01 | $7.94 | $7.54 |
| Shares outstanding | 18.3M | 17.9M | 17.9M | 18.0M | 19.0M | 18.8M | 18.5M | 18.9M | 19.1M | 19.2M | 19.4M | 19.5M |
| Current ratio | 2.60 | 2.50 | 2.28 | 2.22 | 2.27 | 2.41 | 2.44 | 2.44 | 2.39 | 2.33 | 2.16 | 2.19 |
| Quick ratio | 1.40 | 1.40 | 1.31 | 1.32 | 1.24 | 1.38 | 1.43 | 1.34 | 1.26 | 1.27 | 1.19 | 1.17 |
| Debt / equity | 0.13 | 0.13 | 0.12 | 0.09 | 0.10 | 0.09 | 0.09 | 0.10 | 0.10 | 0.13 | 0.10 | 0.11 |
| Equity / assets | 65.2% | 63.8% | 61.9% | 60.6% | 61.9% | 63.8% | 64.5% | 63.8% | 63.9% | 62.3% | 61.7% | 61.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 10, 2026); data from EODHD.
NATR financial position
At the end of fiscal 2025 (December 31, 2025), Nature's Sunshine Products had total assets of $261.1 million (up 8.4% from a year earlier), total liabilities of $99.6 million and shareholders' equity of $161.6 million. It held $93.9 million in cash and short-term investments against $18.9 million of debt, a net cash position of $75.0 million. Its current ratio was 2.28. In the latest quarter (ended June 30, 2026) total assets were $259.8 million and equity $169.3 million.
Related: NATR income statement, NATR cash flow statement, NATR key metrics. See the NATR stock overview for the latest quote and news.
NATR balance sheet FAQ
What are Nature's Sunshine Products's total assets?
Nature's Sunshine Products reported total assets of $261.1 million at the end of fiscal 2025 (December 31, 2025), compared with $240.9 million a year earlier.
How much debt does Nature's Sunshine Products have?
Nature's Sunshine Products had $18.9 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.12.
How much cash does Nature's Sunshine Products have?
Nature's Sunshine Products held $93.9 million in cash and short-term investments at the end of fiscal 2025; with $18.9 million of debt that is net cash of $75.0 million.
What is Nature's Sunshine Products's book value?
Nature's Sunshine Products's shareholders' equity (book value) was $161.6 million at the end of fiscal 2025, or $8.75 per share.
What is Nature's Sunshine Products's current ratio?
Nature's Sunshine Products had current assets of $178.8 million and current liabilities of $78.5 million, a current ratio of 2.28 (it can cover its short-term obligations).