Nano Nuclear Energy Inc (NNE) Balance Sheet
NNE balance sheet, FY2025
September 30, 2025 · U.S. dollars$228.7M assets = $6.1M liabilities + $222.6M equity
Both columns are drawn to the same scale: what NNE owns equals what it owes plus shareholders’ equity. Hover a block for its value.
NNE financial health
Descriptive bands, not a rating. Fiscal FY2025.
NNE balance sheet trends, FY2022–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.2MFY2022 | $228.7MFY2025 | +366.8%/yr | |
| Total liabilities | $137,771FY2022 | $6.1MFY2025 | +253.5%/yr | |
| Shareholders’ equity | $2.1MFY2022 | $222.6MFY2025 | +372.5%/yr | |
| Cash & short-term investments | $2.1MFY2022 | $203.3MFY2025 | +357.0%/yr | |
| Total debt | $1.9MFY2024 | $2.8MFY2025 | +44.7%/yr | |
| Net cash (debt) | $26.6MFY2024 | $200.5MFY2025 | +$173.9M | |
| Working capital | $2.1MFY2022 | $200.8MFY2025 | +$198.7M | |
| Book value per share | $0.07FY2022 | $5.87FY2025 | +330.0%/yr | |
| Debt / equity | 0.06FY2024 | 0.01FY2025 | −0.05 | |
| Shares outstanding | 28.6MFY2022 | 37.9MFY2025 | +9.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
NNE assets
NNE liabilities and equity
NNE debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
NNE balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | $203.3M | $28.5M | $7.0M | $2.1M |
| Cash & equivalents | $203.3M | $28.5M | $7.0M | $2.1M |
| Receivables | $250,000 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 |
| Other current assets | $1.2M | $833,947 | $205,857 | $117,448 |
| Total current assets | $204.7M | $29.3M | $7.2M | $2.2M |
| Property, plant & equipment (net) | $12.3M | $3.5M | $0 | $0 |
| Goodwill & intangible assets | $9.1M | $0 | $0 | $0 |
| Long-term investments | $2.0M | $2.0M | $0 | $0 |
| Other non-current assets | $569,235 | $235,235 | $75,000 | $0 |
| Total assets | $228.7M | $35.1M | $7.2M | $2.2M |
| Liabilities | ||||
| Accounts payable | $1.3M | $761,479 | $190,005 | $102,771 |
| Short-term debt | $534,128 | $281,352 | — | — |
| Total current liabilities | $3.8M | $1.8M | $225,005 | $137,771 |
| Long-term debt | $0 | $0 | $0 | $0 |
| Lease obligations | $2.8M | $1.9M | $0 | — |
| Other long-term liabilities | $2.3M | $1.7M | $5.0M | $0 |
| Total liabilities | $6.1M | $3.5M | $225,005 | $137,771 |
| Shareholders' equity | ||||
| Common stock & paid-in capital | $4,173 | $3,072 | $5.0M | $2,050 |
| Retained earnings (deficit) | −$57.5M | −$17.4M | −$7.3M | −$1.0M |
| Accumulated other comprehensive income | — | — | — | $0 |
| Total shareholders' equity | $222.6M | $31.6M | $7.0M | $2.1M |
| Key figures | ||||
| Total debt | $2.8M | $1.9M | — | — |
| Net cash (debt) | $200.5M | $26.6M | — | — |
| Working capital | $200.8M | $27.5M | $6.9M | $2.1M |
| Tangible book value | $213.5M | $31.6M | $7.0M | $2.1M |
| Book value per share | $5.87 | $1.21 | $0.25 | $0.07 |
| Shares outstanding | 37.9M | 26.2M | 28.6M | 28.6M |
| Current ratio | 53.48 | 15.96 | 31.82 | 16.31 |
| Quick ratio | 53.18 | 15.51 | 30.90 | 15.46 |
| Debt / equity | 0.01 | 0.06 | — | — |
| Equity / assets | 97.3% | 90.1% | 96.9% | 93.9% |
| 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 | $580.0M | $568.7M | $577.8M | $203.3M | $210.2M | $118.6M | $123.3M | $28.5M | $13.8M | $6.0M | $7.9M | $7.0M |
| Cash & equivalents | $298.5M | $197.7M | $577.5M | $203.3M | $210.2M | $118.6M | $123.3M | $28.5M | $13.8M | $6.0M | $7.9M | $7.0M |
| Short-term investments | $281.5M | $371.0M | $279,677 | — | — | — | — | — | — | — | — | — |
| Receivables | $291,451 | $0 | $86,381 | $250,000 | $250,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $5.0M | $3.0M | $2.9M | $1.2M | $1.8M | $922,222 | $5.2M | $833,947 | $530,188 | $634,977 | $216,946 | $205,857 |
| Total current assets | $585.3M | $571.7M | $580.8M | $204.7M | $212.2M | $119.5M | $128.5M | $29.3M | $14.3M | $6.6M | $8.1M | $7.2M |
| Property, plant & equipment (net) | $21.6M | $20.5M | $13.5M | $12.3M | $8.0M | $8.0M | $3.5M | $3.5M | $1.9M | $1.9M | $0 | $0 |
| Goodwill & intangible assets | $9.8M | $9.1M | $9.1M | $9.1M | $9.1M | $9.1M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $0 | $0 | $0 | $0 |
| Other non-current assets | $9.3M | $659,501 | $709,501 | $569,235 | $269,235 | $269,235 | $235,235 | $235,235 | $235,235 | $365,235 | $130,000 | $75,000 |
| Total assets | $628.0M | $603.9M | $606.1M | $228.7M | $231.5M | $138.8M | $134.1M | $35.1M | $16.4M | $8.9M | $8.2M | $7.2M |
| Liabilities | ||||||||||||
| Accounts payable | $4.7M | $4.4M | $2.5M | $1.3M | $597,453 | $2.5M | $899,253 | $761,479 | $231,611 | $299,508 | $398,306 | $190,005 |
| Short-term debt | $636,871 | $547,394 | $540,801 | $534,128 | $493,169 | $454,295 | $322,870 | $281,352 | $352,281 | $280,951 | — | — |
| Deferred revenue | — | — | — | — | — | — | — | — | −$231,611 | −$299,508 | — | — |
| Total current liabilities | $7.4M | $6.0M | $4.3M | $3.8M | $2.9M | $4.4M | $2.5M | $1.8M | $1.8M | $605,459 | $443,306 | $225,005 |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $2.8M | $2.6M | $2.7M | $2.8M | $2.8M | $2.9M | $1.9M | $1.9M | $2.0M | $1.9M | — | $0 |
| Other long-term liabilities | $4.6M | $2.1M | $2.1M | $2.3M | $2.3M | $2.4M | $1.6M | $1.7M | $1.6M | $1.6M | $5.0M | $5.0M |
| Total liabilities | $12.0M | $8.0M | $6.5M | $6.1M | $5.2M | $6.8M | $4.1M | $3.5M | $3.4M | $2.2M | $443,306 | $225,005 |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $5,370 | $5,208 | $5,056 | $4,173 | $4,154 | $3,727 | $3,675 | $3,072 | $2,900 | $2,601 | $5.0M | $5.0M |
| Retained earnings (deficit) | −$83.3M | −$73.2M | −$64.0M | −$57.5M | −$49.5M | −$41.9M | −$20.5M | −$17.4M | −$14.9M | −$10.3M | −$8.6M | −$7.3M |
| Accumulated other comprehensive income | $5,543 | −$4,790 | −$10,720 | — | — | — | — | — | — | — | $2.1M | — |
| Total shareholders' equity | $616.0M | $595.9M | $599.6M | $222.6M | $226.3M | $132.0M | $130.1M | $31.6M | $13.0M | $6.6M | $7.8M | $7.0M |
| Key figures | ||||||||||||
| Total debt | $2.8M | $2.6M | $2.7M | $2.8M | $2.8M | $2.9M | $1.9M | $1.9M | $2.0M | $1.9M | — | — |
| Net cash (debt) | $577.2M | $566.1M | $575.1M | $200.5M | $207.4M | $115.7M | $121.4M | $26.6M | $11.8M | $4.0M | — | — |
| Working capital | $577.9M | $565.7M | $576.4M | $200.8M | $209.3M | $115.1M | $125.9M | $27.5M | $12.5M | $6.0M | $7.7M | $6.9M |
| Tangible book value | $606.2M | $586.8M | $590.5M | $213.5M | $217.2M | $123.0M | $130.1M | $31.6M | $13.0M | $6.6M | $7.8M | $7.0M |
| Book value per share | $11.77 | $11.54 | $12.04 | $5.33 | $5.81 | $3.56 | $3.83 | $1.14 | $0.47 | $0.28 | $0.34 | $0.25 |
| Shares outstanding | 52.3M | 51.6M | 49.8M | 41.7M | 39.0M | 37.1M | 34.0M | 27.7M | 27.7M | 23.9M | 23.2M | 28.6M |
| Current ratio | 79.18 | 95.72 | 134.06 | 53.48 | 73.00 | 27.20 | 51.04 | 15.96 | 7.93 | 10.88 | 18.30 | 31.82 |
| Quick ratio | 78.50 | 95.22 | 133.40 | 53.18 | 72.39 | 26.99 | 48.98 | 15.51 | 7.64 | 9.84 | 17.82 | 30.90 |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.02 | 0.01 | 0.06 | 0.15 | 0.29 | — | — |
| Equity / assets | 98.1% | 98.7% | 98.9% | 97.3% | 97.7% | 95.1% | 97.0% | 90.1% | 79.2% | 74.8% | 94.6% | 96.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 18, 2025); data from EODHD.
NNE financial position
At the end of fiscal 2025 (September 30, 2025), Nano Nuclear Energy had total assets of $228.7 million (up 551.5% from a year earlier), total liabilities of $6.1 million and shareholders' equity of $222.6 million. It held $203.3 million in cash and short-term investments against $2.8 million of debt, a net cash position of $200.5 million. Its current ratio was 53.48. In the latest quarter (ended June 30, 2026) total assets were $628.0 million and equity $616.0 million.
Related: NNE income statement, NNE cash flow statement, NNE key metrics. See the NNE stock overview for the latest quote and news.
NNE balance sheet FAQ
What are Nano Nuclear Energy's total assets?
Nano Nuclear Energy reported total assets of $228.7 million at the end of fiscal 2025 (September 30, 2025), compared with $35.1 million a year earlier.
How much debt does Nano Nuclear Energy have?
Nano Nuclear Energy had $2.8 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.01.
How much cash does Nano Nuclear Energy have?
Nano Nuclear Energy held $203.3 million in cash and short-term investments at the end of fiscal 2025; with $2.8 million of debt that is net cash of $200.5 million.
What is Nano Nuclear Energy's book value?
Nano Nuclear Energy's shareholders' equity (book value) was $222.6 million at the end of fiscal 2025, or $5.87 per share.
What is Nano Nuclear Energy's current ratio?
Nano Nuclear Energy had current assets of $204.7 million and current liabilities of $3.8 million, a current ratio of 53.48 (it can cover its short-term obligations).
How much goodwill does Nano Nuclear Energy have?
Nano Nuclear Energy carried $9.1 million of goodwill and intangible assets, 4.0% of total assets, at the end of fiscal 2025.