Nutriband Inc. (NTRB) Balance Sheet

NASDAQ: NTRBAssets, liabilities, debt and equity over 10 years.

NTRB balance sheet, FY2026

January 31, 2026 · U.S. dollars

$7.5M assets = $868,447 liabilities + $6.7M equity

Both columns are drawn to the same scale: what NTRB owns equals what it owes plus shareholders’ equity. Hover a block for its value.

NTRB financial health

Current ratio6.36

Comfortable · current assets cover current liabilities 6.36×

Debt / equity0.04

Low leverage · $0.04 of debt for each $1 of equity

Equity / assets88.5%

Equity-funded · of assets funded by shareholders

Cash / debt1,863.6%

Cash covers debt · cash & short-term investments vs total debt

Goodwill & intangibles25.4%

Acquisition-heavy · of total assets

Descriptive bands, not a rating. Fiscal FY2026.

NTRB balance sheet trends, FY2017–FY2026

Nutriband Inc. balance sheet trends
Metric	Then	Latest	Change
Total assets	$37,727FY2017	$7.5MFY2026	+80.2%/yr
Total liabilities	$14,618FY2017	$868,447FY2026	+57.4%/yr
Shareholders’ equity	$23,109FY2017	$6.7MFY2026	+87.7%/yr
Cash & short-term investments	$27,124FY2017	$4.6MFY2026	+76.8%/yr
Total debt	$10,469FY2017	$245,490FY2026	+42.0%/yr
Net cash (debt)	$16,655FY2017	$4.3MFY2026	+$4.3M
Working capital	$23,109FY2017	$4.2MFY2026	+$4.2M
Book value per share	$0.00FY2017	$0.57FY2026	+74.5%/yr
Current ratio	2.58FY2017	6.36FY2026	+3.78
Debt / equity	0.45FY2017	0.04FY2026	−0.42
Shares outstanding	6.1MFY2017	11.6MFY2026	+7.5%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

NTRB assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

NTRB liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

NTRB debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

NTRB balance sheet

Nutriband Inc. annual balance sheet
	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017
Assets
Cash & short-term investments	$4.6M	$4.3M	$492,942	$2.0M	$4.9M	$151,993	$10,181	$474,653	$0	$27,124
Cash & equivalents	$4.6M	$4.3M	$492,942	$2.0M	$4.9M	$151,993	$10,181	$474,653	$0	$27,124
Short-term investments	—	—	—	—	—	—	—	$0	$0	$0
Receivables	$118,404	$73,847	$148,649	$113,045	$71,380	$109,347	$12,833	$13,088	$263	$229
Inventory	$117,987	$212,041	$168,605	$229,335	$131,648	$52,848	$0	$0	$4,133	$8,048
Other current assets	$177,470	$196,112	$211,667	$365,925	$370,472	$0	$20,167	$102,725	$160,503	$2,326
Total current assets	$5.0M	$4.8M	$1.0M	$2.7M	$5.5M	$314,188	$43,181	$590,466	$164,899	$37,727
Property, plant & equipment (net)	$639,255	$695,063	$806,298	$960,489	$998,340	$1.1M	$120,639	$146,147	$0	$0
Goodwill & intangible assets	$1.9M	$2.0M	$5.7M	$5.8M	$6.3M	$8.5M	$2.0M	$2.1M	$0	$0
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Total assets	$7.5M	$7.5M	$7.5M	$9.5M	$12.7M	$9.9M	$2.2M	$2.8M	$164,899	$37,727
Liabilities
Accounts payable	$502,654	$698,821	$680,132	$534,679	$639,539	$940,612	$771,931	$291,781	$12,341	$4,149
Short-term debt	$161,324	$128,144	$161,458	$51,031	$33,450	$1.5M	$321,617	$40,000	$31,050	$10,469
Deferred revenue	$120,303	$155,880	$157,502	$162,903	$106,267	$86,846	—	$71,225	−$43,391	−$4,149
Total current liabilities	$784,281	$982,845	$999,093	$748,613	$779,256	$2.6M	$2.0M	$403,006	$43,391	$14,618
Long-term debt	$35,861	$58,205	$79,826	$100,497	$101,119	$150,063	$0	$0	$0	$0
Lease obligations	$80,758	$0	$34,276	$65,568	$19,331	$121,544	$10,050	—	—	—
Other long-term liabilities	$48,305	$0	$0	$34,277	$0	$96,804	$1.1M	$0	$0	$0
Total liabilities	$868,447	$1.0M	$1.1M	$883,387	$880,375	$2.8M	$2.0M	$403,006	$43,391	$14,618
Shareholders' equity
Common stock & paid-in capital	$12,156	$11,075	$8,860	$7,833	$9,155	$6,257	$5,441	$21,695	$20,877	$15,572
Retained earnings (deficit)	−$46.7M	−$38.5M	−$28.0M	−$22.5M	−$18.0M	−$11.8M	−$8.9M	−$6.2M	−$2.8M	−$177,464
Treasury stock	—	—	—	—	—	—	—	$0	$0	$0
Accumulated other comprehensive income	−$304	−$304	−$304	−$304	−$304	−$304	−$304	−$52	−$446	$1,709
Minority interest	—	—	—	—	—	—	—	$0	$0	$0
Total shareholders' equity	$6.7M	$6.4M	$6.4M	$8.6M	$11.9M	$7.1M	$175,433	$2.4M	$121,508	$23,109
Key figures
Total debt	$245,490	$186,349	$241,285	$185,805	$134,569	$1.8M	$321,617	$40,000	$31,050	$10,469
Net cash (debt)	$4.3M	$4.1M	$251,657	$1.8M	$4.8M	−$1.6M	−$311,436	$434,653	−$31,050	$16,655
Working capital	$4.2M	$3.8M	$22,770	$1.9M	$4.7M	−$2.3M	−$2.0M	$187,460	$121,508	$23,109
Tangible book value	$4.8M	$4.4M	$749,242	$2.8M	$5.6M	−$1.4M	−$1.9M	$333,607	$121,508	$23,109
Book value per share	$0.57	$0.61	$0.81	$1.01	$1.49	$1.06	$0.03	$0.39	$0.02	$0.00
Shares outstanding	11.6M	10.6M	8.0M	8.5M	7.9M	6.7M	6.3M	6.2M	5.6M	6.1M
Current ratio	6.36	4.88	1.02	3.60	7.01	0.12	0.02	1.47	3.80	2.58
Quick ratio	5.98	4.46	0.64	2.80	6.37	0.10	0.01	1.21	0.01	1.87
Debt / equity	0.04	0.03	0.04	0.02	0.01	0.25	1.83	0.02	0.26	0.45
Equity / assets	88.5%	86.1%	85.6%	90.7%	93.1%	71.6%	8.0%	85.6%	73.7%	61.3%

Nutriband Inc. quarterly balance sheet
	Jul '26	Apr '26	Jan '26	Oct '25	Jul '25	Apr '25	Jan '25	Oct '24	Jul '24	Apr '24	Jan '24	Oct '23
Assets
Cash & short-term investments	$3.4M	$4.0M	$4.6M	$5.3M	$7.0M	$3.0M	$4.3M	$5.7M	$6.8M	$8.3M	$492,942	$1.3M
Cash & equivalents	$3.4M	$4.0M	$4.6M	$5.3M	$7.0M	$3.0M	$4.3M	$5.7M	$6.8M	$8.3M	$492,942	$1.3M
Receivables	$23,592	$2,632	$118,404	$147,562	$160,804	$94,136	$73,847	$109,630	$68,011	$85,144	$148,649	$169,669
Inventory	$170,733	$121,494	$117,987	$135,998	$138,031	$215,324	$212,041	$168,299	$223,860	$168,505	$168,605	$174,641
Other current assets	$203,443	$245,952	$177,470	$219,327	$226,500	$156,540	$196,112	$216,071	$196,129	$128,551	$211,667	$390,104
Total current assets	$3.8M	$4.4M	$5.0M	$5.8M	$7.5M	$3.4M	$4.8M	$6.2M	$7.2M	$8.7M	$1.0M	$2.0M
Property, plant & equipment (net)	$584,085	$611,244	$639,255	$668,968	$705,857	$757,073	$695,063	$747,469	$753,218	$763,834	$806,298	$806,058
Goodwill & intangible assets	$1.9M	$1.9M	$1.9M	$1.9M	$2.0M	$2.0M	$2.0M	$5.6M	$5.6M	$5.7M	$5.7M	$5.7M
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$0	$0	$0	$0	$0	$0	$0	$0	$77	$0	$0	$0
Total assets	$6.3M	$6.9M	$7.5M	$8.4M	$10.2M	$6.2M	$7.5M	$12.5M	$13.6M	$15.2M	$7.5M	$8.5M
Liabilities
Accounts payable	$644,518	$639,192	—	$605,209	$1.4M	$721,671	$698,821	$892,154	$778,827	$994,106	—	$387,862
Short-term debt	$162,409	$162,539	$161,324	$160,341	$159,376	$158,700	$128,144	$136,764	$145,187	$153,407	—	$193,922
Deferred revenue	$100,121	$30,406	$120,303	$6,974	$19,419	$44,680	$155,880	$218,868	$179,576	$269,345	—	$169,495
Total current liabilities	$907,048	$832,137	$784,281	$772,524	$1.6M	$925,051	$982,845	$1.2M	$1.1M	$1.4M	$999,093	$717,774
Long-term debt	$25,099	$29,825	$35,861	$41,603	$47,290	$52,632	$58,205	$63,717	$69,133	$374,509	$79,826	$2.1M
Lease obligations	$66,178	$73,551	$80,758	$87,803	$94,689	$101,421	$0	$8,864	$17,528	$25,988	$34,276	$42,368
Other long-term liabilities	$32,211	$40,350	$48,305	$56,081	$63,682	$71,111	$0	$0	$0	$0	$0	$8,863
Total liabilities	$964,358	$902,312	$868,447	$870,208	$1.7M	$1.0M	$1.0M	$1.3M	$1.2M	$1.8M	$1.1M	$2.8M
Shareholders' equity
Common stock & paid-in capital	$12,156	$12,156	$12,156	$12,156	$12,016	$11,130	$11,075	$11,106	$11,096	$10,960	—	$7,833
Retained earnings (deficit)	−$48.8M	−$47.9M	−$46.7M	−$45.7M	−$41.9M	−$39.9M	−$38.5M	−$32.9M	−$31.6M	−$29.9M	−$28.0M	−$26.1M
Accumulated other comprehensive income	−$304	−$304	−$304	−$304	−$304	−$304	−$304	−$304	−$304	−$304	—	−$304
Total shareholders' equity	$5.3M	$6.0M	$6.7M	$7.5M	$8.5M	$5.1M	$6.4M	$11.2M	$12.5M	$13.4M	$6.4M	$5.7M
Key figures
Total debt	$194,620	$232,714	$245,490	$216,422	$270,348	$282,444	$186,349	$200,481	$214,320	$527,916	$79,826	$2.3M
Net cash (debt)	$3.2M	$3.8M	$4.3M	$5.1M	$6.7M	$2.7M	$4.1M	$5.5M	$6.5M	$7.8M	$413,116	−$1.0M
Working capital	$2.9M	$3.5M	$4.2M	$5.0M	$5.9M	$2.5M	$3.8M	$4.9M	$6.1M	$7.3M	$22,770	$1.3M
Tangible book value	$3.4M	$4.1M	$4.8M	$5.6M	$6.5M	$3.1M	$4.4M	$5.6M	$6.8M	$7.7M	$749,242	−$5,943
Book value per share	$0.44	$0.49	$0.55	$0.63	$0.76	$0.46	$0.61	$1.01	$1.13	$1.46	$0.73	$0.73
Shares outstanding	12.2M	12.2M	12.2M	12.1M	11.2M	11.1M	10.6M	11.1M	11.1M	9.2M	8.9M	7.8M
Current ratio	4.21	5.26	6.36	7.53	4.78	3.71	4.88	4.96	6.57	6.16	1.02	2.79
Quick ratio	3.80	4.82	5.98	7.07	4.55	3.31	4.46	4.65	6.18	5.95	0.64	2.00
Debt / equity	0.04	0.04	0.04	0.03	0.03	0.06	0.03	0.02	0.02	0.04	0.01	0.40
Equity / assets	84.7%	86.9%	88.5%	89.7%	83.5%	82.9%	86.1%	89.5%	91.4%	88.2%	85.6%	67.0%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 29, 2026); data from EODHD.

NTRB financial position

At the end of fiscal 2026 (January 31, 2026), Nutriband had total assets of $7.5 million (up 1.0% from a year earlier), total liabilities of $0.9 million and shareholders' equity of $6.7 million. It held $4.6 million in cash and short-term investments against $0.2 million of debt, a net cash position of $4.3 million. Its current ratio was 6.36. In the latest quarter (ended July 31, 2026) total assets were $6.3 million and equity $5.3 million.

Related: NTRB income statement, NTRB cash flow statement, NTRB key metrics. See the NTRB stock overview for the latest quote and news.

NTRB balance sheet FAQ

What are Nutriband's total assets?

Nutriband reported total assets of $7.5 million at the end of fiscal 2026 (January 31, 2026), compared with $7.5 million a year earlier.

How much debt does Nutriband have?

Nutriband had $0.2 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.04.

How much cash does Nutriband have?

Nutriband held $4.6 million in cash and short-term investments at the end of fiscal 2026; with $0.2 million of debt that is net cash of $4.3 million.

What is Nutriband's book value?

Nutriband's shareholders' equity (book value) was $6.7 million at the end of fiscal 2026, or $0.57 per share.

What is Nutriband's current ratio?

Nutriband had current assets of $5.0 million and current liabilities of $0.8 million, a current ratio of 6.36 (it can cover its short-term obligations).

How much goodwill does Nutriband have?

Nutriband carried $1.9 million of goodwill and intangible assets, 25.4% of total assets, at the end of fiscal 2026.