NeoVolta Inc. (NEOV) Balance Sheet
NEOV balance sheet, FY2026
June 30, 2026 · U.S. dollars$53.6M assets = $14.1M liabilities + $39.6M equity
Both columns are drawn to the same scale: what NEOV owns equals what it owes plus shareholders’ equity. Hover a block for its value.
NEOV financial health
Descriptive bands, not a rating. Fiscal FY2026.
NEOV balance sheet trends, FY2018–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $55,070FY2018 | $53.6MFY2026 | +136.4%/yr | |
| Total liabilities | $125,206FY2018 | $14.1MFY2026 | +80.4%/yr | |
| Shareholders’ equity | −$70,136FY2018 | $39.6MFY2026 | — | |
| Cash & short-term investments | $55,070FY2018 | $22.2MFY2026 | +111.7%/yr | |
| Total debt | $104,698FY2018 | $9.2MFY2026 | +75.0%/yr | |
| Net cash (debt) | −$49,628FY2018 | $13.0MFY2026 | +$13.0M | |
| Working capital | $34,562FY2018 | $26.2MFY2026 | +$26.1M | |
| Book value per share | $0.27FY2020 | $1.01FY2026 | +24.6%/yr | |
| Current ratio | 2.69FY2018 | 4.92FY2026 | +2.23 | |
| Debt / equity | 0.00FY2019 | 0.23FY2026 | +0.23 | |
| Shares outstanding | 12.4MFY2020 | 39.3MFY2026 | +21.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
NEOV assets
NEOV liabilities and equity
NEOV debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
NEOV balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Cash & short-term investments | $22.2M | $794,836 | $986,427 | $2.0M | $330,385 | $425,681 | $1.3M | $3.1M | $55,070 |
| Cash & equivalents | $22.2M | $794,836 | $986,427 | $2.0M | $330,385 | $425,681 | $1.3M | $3.1M | $55,070 |
| Receivables | $2.9M | $3.0M | $1.8M | $1.8M | $1.3M | $1.1M | $391,112 | $0 | $0 |
| Inventory | $2.1M | $2.1M | $1.8M | $2.6M | $2.2M | $1.7M | $1.6M | $993,913 | $0 |
| Other current assets | $5.6M | $748,044 | $76,815 | $96,119 | $239,001 | $45,926 | $150,015 | $71,137 | $0 |
| Total current assets | $32.8M | $6.7M | $4.7M | $6.5M | $4.1M | $3.3M | $3.4M | $4.2M | $55,070 |
| Property, plant & equipment (net) | $8.4M | $140,540 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill & intangible assets | $1.1M | $140,540 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $11.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $53.6M | $6.8M | $4.7M | $6.5M | $4.1M | $3.3M | $3.4M | $4.2M | $55,070 |
| Liabilities | |||||||||
| Accounts payable | $3.8M | $689,216 | $5,316 | $0 | $205,600 | $53,510 | $3,660 | $32,058 | — |
| Short-term debt | $1.8M | $2.7M | — | — | $1.1M | — | — | — | — |
| Total current liabilities | $6.7M | $3.5M | $61,100 | $39,491 | $1.5M | $94,249 | $25,284 | $43,102 | $20,508 |
| Long-term debt | $0 | $383,538 | $0 | $0 | $53,716 | $19,308 | $0 | $0 | $0 |
| Lease obligations | — | $140,540 | $0 | — | — | — | — | — | — |
| Other long-term liabilities | $7.4M | $0 | $0 | $0 | $0 | $0 | $44,037 | $2,506 | $104,698 |
| Total liabilities | $14.1M | $3.9M | $61,100 | $39,491 | $1.5M | $113,557 | $69,321 | $45,608 | $125,206 |
| Shareholders' equity | |||||||||
| Common stock & paid-in capital | $58,308 | $34,125 | $33,236 | $33,155 | $21,978 | $19,641 | $14,422 | $11,522 | $260 |
| Retained earnings (deficit) | −$47.2M | −$25.8M | −$20.7M | −$18.4M | −$15.8M | −$10.0M | −$2.4M | −$937,888 | −$101,791 |
| Accumulated other comprehensive income | — | — | — | — | — | $0 | $0 | — | $0 |
| Total shareholders' equity | $39.6M | $2.9M | $4.6M | $6.5M | $2.6M | $3.1M | $3.3M | $4.2M | −$70,136 |
| Key figures | |||||||||
| Total debt | $9.2M | $3.1M | — | — | $1.1M | $19,308 | $44,037 | $2,506 | $104,698 |
| Net cash (debt) | $13.0M | −$2.3M | — | — | −$791,331 | $406,373 | $1.3M | $3.1M | −$49,628 |
| Working capital | $26.2M | $3.2M | $4.6M | $6.5M | $2.7M | $3.2M | $3.4M | $4.2M | $34,562 |
| Tangible book value | $38.5M | $2.8M | $4.6M | $6.5M | $2.6M | $3.1M | $3.3M | $4.2M | −$70,136 |
| Book value per share | $1.01 | $0.09 | $0.14 | $0.20 | $0.13 | $0.18 | $0.27 | — | — |
| Shares outstanding | 39.3M | 33.6M | 33.2M | 32.0M | 20.6M | 17.9M | 12.4M | — | — |
| Current ratio | 4.92 | 1.90 | 76.21 | 164.74 | 2.84 | 34.61 | 134.62 | 97.51 | 2.69 |
| Quick ratio | 3.77 | 1.08 | 45.70 | 96.96 | 1.13 | 16.49 | 67.25 | 72.80 | 2.69 |
| Debt / equity | 0.23 | 1.07 | — | — | 0.43 | 0.01 | 0.01 | 0.00 | — |
| Equity / assets | 73.8% | 42.8% | 98.7% | 99.4% | 63.4% | 96.5% | 98.0% | 98.9% | −127.4% |
| 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 | $22.2M | $11.5M | $242,434 | $889,819 | $794,836 | $535,966 | $328,746 | $393,396 | $986,427 | $1.0M | $1.5M | $1.8M |
| Cash & equivalents | $22.2M | $11.5M | $242,434 | $889,819 | $794,836 | $535,966 | $328,746 | $393,396 | $986,427 | $1.0M | $1.5M | $1.8M |
| Receivables | $2.9M | $7.5M | $5.3M | $5.2M | $3.0M | $2.4M | $1.7M | $2.0M | $1.8M | $1.9M | $2.2M | $2.1M |
| Inventory | $2.1M | $2.2M | $1.9M | $1.5M | $2.1M | $2.3M | $2.0M | $1.8M | $1.8M | $2.1M | $2.0M | $2.2M |
| Other current assets | $5.6M | $1.0M | $376,584 | $778,415 | $748,044 | $539,532 | $0 | $38,406 | $76,815 | $115,224 | $8,305 | $45,316 |
| Total current assets | $32.8M | $22.2M | $7.8M | $8.4M | $6.7M | $5.7M | $4.0M | $4.2M | $4.7M | $5.2M | $5.7M | $6.2M |
| Property, plant & equipment (net) | $8.4M | $1.1M | $965,981 | $89,575 | $140,540 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill & intangible assets | $1.1M | $1.2M | $1.3M | $89,575 | $140,540 | $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 | $11.3M | $1.2M | $66,635 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $53.6M | $25.7M | $10.1M | $8.4M | $6.8M | $5.7M | $4.0M | $4.2M | $4.7M | $5.2M | $5.7M | $6.2M |
| Liabilities | ||||||||||||
| Accounts payable | $3.8M | $727,886 | $417,263 | $136,363 | $689,216 | $8,976 | $38,465 | $216,333 | $5,316 | $3,167 | — | — |
| Short-term debt | $1.8M | $713,449 | $3.0M | $4.2M | $2.7M | $1.4M | $249,711 | — | — | — | — | — |
| Total current liabilities | $6.7M | $2.7M | $3.7M | $5.7M | $3.5M | $1.5M | $334,292 | $253,775 | $61,100 | $15,051 | $11,769 | $49,377 |
| Long-term debt | $0 | $0 | $633,538 | $633,538 | $383,538 | $383,538 | $383,538 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | $841,968 | $850,740 | $89,575 | $140,540 | — | — | — | $0 | — | — | — |
| Other long-term liabilities | $7.4M | $738,163 | $769,094 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $14.1M | $3.5M | $5.1M | $6.3M | $3.9M | $1.9M | $717,830 | $253,775 | $61,100 | $15,051 | $11,769 | $49,377 |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $58,308 | $42,711 | $36,195 | $34,214 | $34,125 | $34,125 | $33,417 | $33,246 | $33,236 | $33,236 | $33,236 | $33,155 |
| Retained earnings (deficit) | −$47.2M | −$35.6M | −$32.6M | −$27.0M | −$25.8M | −$24.1M | −$22.7M | −$21.7M | −$20.7M | −$20.0M | −$19.4M | −$18.9M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | — | $0 | — | — |
| Total shareholders' equity | $39.6M | $22.2M | $5.0M | $2.1M | $2.9M | $3.8M | $3.3M | $3.9M | $4.6M | $5.1M | $5.7M | $6.1M |
| Key figures | ||||||||||||
| Total debt | $9.2M | $713,449 | $4.4M | $4.9M | $3.1M | $1.8M | $633,249 | — | — | — | — | — |
| Net cash (debt) | $13.0M | $10.8M | −$4.1M | −$4.0M | −$2.3M | −$1.3M | −$304,503 | — | — | — | — | — |
| Working capital | $26.2M | $19.5M | $4.1M | $2.7M | $3.2M | $4.2M | $3.7M | $3.9M | $4.6M | $5.1M | $5.7M | $6.1M |
| Tangible book value | $38.5M | $21.0M | $3.7M | $2.0M | $2.8M | $3.8M | $3.3M | $3.9M | $4.6M | $5.1M | $5.7M | $6.1M |
| Book value per share | $0.83 | $0.55 | $0.14 | $0.06 | $0.09 | $0.11 | $0.10 | $0.12 | $0.14 | $0.15 | $0.17 | $0.18 |
| Shares outstanding | 47.9M | 40.2M | 35.0M | 34.2M | 34.1M | 33.6M | 33.3M | 33.2M | 33.2M | 33.2M | 33.2M | 33.2M |
| Current ratio | 4.92 | 8.10 | 2.10 | 1.47 | 1.90 | 3.80 | 12.02 | 16.35 | 76.21 | 342.35 | 482.22 | 124.99 |
| Quick ratio | 3.77 | 6.93 | 1.50 | 1.07 | 1.08 | 1.93 | 5.94 | 9.24 | 45.70 | 192.71 | 313.12 | 78.97 |
| Debt / equity | 0.23 | 0.03 | 0.87 | 2.28 | 1.07 | 0.47 | 0.19 | — | — | — | — | — |
| Equity / assets | 73.8% | 86.4% | 49.5% | 25.3% | 42.8% | 67.0% | 82.1% | 93.9% | 98.7% | 99.7% | 99.8% | 99.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed September 23, 2026); data from EODHD.
NEOV financial position
At the end of fiscal 2026 (June 30, 2026), NeoVolta had total assets of $53.6 million (up 688.2% from a year earlier), total liabilities of $14.1 million and shareholders' equity of $39.6 million. It held $22.2 million in cash and short-term investments against $9.2 million of debt, a net cash position of $13.0 million. Its current ratio was 4.92.
Related: NEOV income statement, NEOV cash flow statement, NEOV key metrics. See the NEOV stock overview for the latest quote and news.
NEOV balance sheet FAQ
What are NeoVolta's total assets?
NeoVolta reported total assets of $53.6 million at the end of fiscal 2026 (June 30, 2026), compared with $6.8 million a year earlier.
How much debt does NeoVolta have?
NeoVolta had $9.2 million of total debt at the end of fiscal 2026, including short-term borrowings. Its debt-to-equity ratio was 0.23.
How much cash does NeoVolta have?
NeoVolta held $22.2 million in cash and short-term investments at the end of fiscal 2026; with $9.2 million of debt that is net cash of $13.0 million.
What is NeoVolta's book value?
NeoVolta's shareholders' equity (book value) was $39.6 million at the end of fiscal 2026, or $1.01 per share.
What is NeoVolta's current ratio?
NeoVolta had current assets of $32.8 million and current liabilities of $6.7 million, a current ratio of 4.92 (it can cover its short-term obligations).
How much goodwill does NeoVolta have?
NeoVolta carried $1.1 million of goodwill and intangible assets, 2.0% of total assets, at the end of fiscal 2026.