Nexentis Technologies Inc. (NXTS) Balance Sheet
NXTS balance sheet, 2025
December 31, 2025 · U.S. dollars$20.4M assets = $4.7M liabilities + $15.7M equity
Both columns are drawn to the same scale: what NXTS owns equals what it owes plus shareholders’ equity. Hover a block for its value.
NXTS financial health
Descriptive bands, not a rating. Fiscal 2025.
NXTS balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $438,9842016 | $20.4M2025 | +53.2%/yr | |
| Total liabilities | $1.3M2016 | $4.7M2025 | +15.5%/yr | |
| Shareholders’ equity | −$562,4422016 | $16.0M2025 | — | |
| Cash & short-term investments | $4,5122016 | $4.1M2025 | +113.0%/yr | |
| Total debt | $496,5012016 | $992,0002025 | +8.0%/yr | |
| Net cash (debt) | −$491,9892016 | $3.1M2025 | +$3.6M | |
| Working capital | −$600,7132016 | $4.6M2025 | +$5.2M | |
| Current ratio | 0.242016 | 4.192025 | +3.95 | |
| Debt / equity | 0.282018 | 0.062025 | −0.22 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
NXTS assets
NXTS liabilities and equity
NXTS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
NXTS balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $4.1M | $2.5M | $4.5M | $5.8M | $6.8M | $265,295 | $329,009 | $439,806 | $28,318 | $4,512 |
| Cash & equivalents | $3.8M | $2.2M | $4.5M | $5.8M | $6.8M | $265,295 | $329,009 | $439,806 | $28,318 | $4,512 |
| Short-term investments | $239,000 | $307,000 | $0 | — | — | — | — | — | — | — |
| Receivables | $533,000 | $378,000 | $108,318 | $192,597 | $172,630 | $150,645 | $64,003 | $153,912 | $145,898 | $151,530 |
| Inventory | $0 | $21,000 | $121,513 | $81,706 | $22,603 | $16,355 | $16,302 | $38,085 | $14,968 | $0 |
| Other current assets | $1.4M | $489,000 | $757,616 | $247,370 | $226,252 | $62,876 | $15,300 | $44,877 | $62,505 | $34,017 |
| Total current assets | $6.0M | $3.4M | $5.5M | $6.3M | $7.2M | $495,171 | $424,614 | $676,680 | $251,689 | $190,059 |
| Property, plant & equipment (net) | $42,000 | $56,000 | $123,149 | $219,769 | $230,557 | $69,894 | $130,101 | $85,143 | $162,185 | $111,169 |
| Goodwill & intangible assets | $11.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $260,104 | $0 |
| Long-term investments | $2.7M | $1.4M | $1.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $161,000 | $594,000 | $461 | $0 | $137,625 | $122,584 | $109,955 | $97,388 | $0 | $137,756 |
| Total assets | $20.4M | $5.5M | $7.2M | $6.5M | $7.6M | $687,649 | $664,670 | $859,211 | $535,431 | $438,984 |
| Liabilities | ||||||||||
| Accounts payable | $6,000 | $48,000 | $43,539 | $419,814 | $539,360 | $203,323 | $235,864 | $196,551 | $190,255 | $223,086 |
| Short-term debt | $747,000 | $7,000 | $40,515 | $66,311 | $51,137 | $79,248 | $59,323 | $23,145 | $398,920 | $184,782 |
| Total current liabilities | $1.4M | $892,000 | $778,472 | $714,849 | $931,304 | $785,233 | $623,826 | $483,698 | $1.1M | $790,772 |
| Long-term debt | $237,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $15,000 | $7,000 | $48,000 | $106,334 | $130,034 | — | — | — | — | — |
| Other long-term liabilities | $3.0M | $0 | $7,180 | $40,023 | $253,364 | $367,869 | $442,963 | $163,998 | $191,251 | $485,671 |
| Total liabilities | $4.7M | $892,000 | $785,653 | $754,872 | $1.2M | $1.2M | $1.1M | $647,696 | $1.3M | $1.3M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | — | $1,000 | $296 | $462 | $281 | $161 | $1,021 | $13,842 | $7,179 | $90,752 |
| Retained earnings (deficit) | −$38.6M | −$34.6M | −$29.4M | −$22.8M | −$17.1M | −$12.3M | −$10.7M | −$8.7M | −$8.4M | −$7.9M |
| Accumulated other comprehensive income | −$38,000 | −$26,000 | −$26,275 | −$26,275 | −$26,275 | −$26,275 | −$26,275 | $78,724 | −$26,275 | — |
| Minority interest | −$280,000 | −$176,000 | −$22,000 | −$109,038 | — | — | — | — | — | — |
| Total shareholders' equity | $16.0M | $4.7M | $6.5M | $5.8M | $6.5M | −$436,176 | −$381,066 | $218,227 | −$438,719 | −$562,442 |
| Key figures | ||||||||||
| Total debt | $992,000 | $7,000 | $54,877 | $146,357 | $225,711 | $234,292 | $360,195 | $61,071 | $460,299 | $496,501 |
| Net cash (debt) | $3.1M | $2.5M | $4.4M | $5.6M | $6.6M | $31,003 | −$31,186 | $378,735 | −$431,981 | −$491,989 |
| Working capital | $4.6M | $2.5M | $4.7M | $5.6M | $6.3M | −$290,062 | −$199,212 | $192,982 | −$824,777 | −$600,713 |
| Tangible book value | $4.6M | $4.7M | $6.5M | $5.8M | $6.5M | −$436,176 | −$381,066 | $218,227 | −$698,823 | −$562,442 |
| Current ratio | 4.19 | 3.82 | 7.02 | 8.77 | 7.76 | 0.63 | 0.68 | 1.40 | 0.23 | 0.24 |
| Quick ratio | 3.21 | 3.24 | 5.89 | 8.31 | 7.50 | 0.53 | 0.63 | 1.23 | 0.16 | 0.20 |
| Debt / equity | 0.06 | 0.00 | 0.01 | 0.03 | 0.03 | — | — | 0.28 | — | — |
| Equity / assets | 78.5% | 86.9% | 89.5% | 90.1% | 85.3% | −63.4% | −57.3% | 25.4% | −81.9% | −128.1% |
| 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 | $8.9M | $6.2M | $4.1M | $6.3M | $3.4M | $3.0M | $2.5M | $2.8M | $4.5M | $3.5M | $4.5M | $2.0M |
| Cash & equivalents | $7.6M | $4.3M | $3.8M | $6.1M | $3.2M | $2.7M | $2.2M | $2.8M | $4.5M | $3.5M | $4.5M | $2.0M |
| Short-term investments | $1.3M | $1.9M | $239,000 | $240,000 | $271,000 | $230,000 | $307,000 | — | — | — | — | — |
| Receivables | $509,000 | $566,000 | $533,000 | $1.4M | $899,000 | $672,000 | $378,000 | $154,185 | $157,963 | $146,079 | $108,318 | $45,766 |
| Inventory | $0 | $0 | $0 | $16,000 | $16,000 | $15,000 | $21,000 | $50,914 | $106,342 | $103,989 | $121,513 | $90,764 |
| Other current assets | $1.0M | $1.4M | $1.4M | $931,000 | $667,000 | $671,000 | $489,000 | $393,057 | $709,156 | $658,869 | $757,616 | $727,696 |
| Total current assets | $10.4M | $8.2M | $6.0M | $8.7M | $5.0M | $4.3M | $3.4M | $3.4M | $5.5M | $4.4M | $5.5M | $2.8M |
| Property, plant & equipment (net) | $98,000 | $103,000 | $42,000 | $60,000 | $67,000 | $74,000 | $56,000 | $68,640 | $84,858 | $104,198 | $123,149 | $124,770 |
| Goodwill & intangible assets | $4.2M | $4.3M | $11.4M | $465,000 | $457,000 | $380,000 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $2.9M | $2.8M | $2.7M | $1.6M | $1.6M | $2.0M | $1.4M | $1.8M | $0 | $0 | $0 | $0 |
| Other non-current assets | $1.1M | $966,000 | $161,000 | $286,000 | $578,000 | $542,000 | $594,000 | $591,854 | $1.9M | $1.7M | $1.7M | $2.3M |
| Total assets | $18.7M | $16.4M | $20.4M | $11.0M | $7.8M | $7.4M | $5.5M | $5.8M | $7.5M | $6.3M | $7.2M | $5.3M |
| Liabilities | ||||||||||||
| Accounts payable | $33,000 | $23,000 | $6,000 | $34,000 | $31,000 | $30,000 | $48,000 | $32,842 | $24,973 | $161,438 | $43,539 | $415,830 |
| Short-term debt | $215,000 | $364,000 | $747,000 | $1.1M | — | — | $7,000 | — | $1.2M | — | $40,515 | — |
| Total current liabilities | $2.8M | $1.7M | $1.4M | $2.1M | $1.1M | $976,000 | $892,000 | $517,433 | $1.6M | $560,585 | $778,472 | $633,473 |
| Long-term debt | $207,000 | $103,000 | $237,000 | $10,000 | $699,000 | $764,000 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $4,000 | $6,000 | $15,000 | $11,000 | $13,000 | $15,000 | $7,000 | $1,330 | — | — | — | — |
| Other long-term liabilities | $13.9M | $1.7M | $3.0M | $282,000 | $442,000 | $1.9M | $0 | $1,330 | $3,304 | $5,255 | $7,180 | $0 |
| Total liabilities | $16.9M | $3.5M | $4.7M | $2.4M | $2.2M | $3.7M | $892,000 | $518,764 | $1.6M | $565,840 | $785,653 | $633,473 |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | — | — | — | — | $3,000 | $2,000 | $1,000 | $958 | $416 | $299 | $296 | $146 |
| Retained earnings (deficit) | −$56.3M | −$45.1M | −$38.6M | −$39.8M | −$40.3M | −$35.7M | −$34.6M | −$33.2M | −$30.9M | −$30.1M | −$29.4M | −$27.6M |
| Accumulated other comprehensive income | −$33,000 | −$35,000 | −$38,000 | −$38,000 | −$36,000 | −$30,000 | −$26,000 | −$26,275 | −$26,275 | −$26,275 | −$26,275 | −$26,275 |
| Minority interest | −$123,000 | −$111,000 | −$280,000 | −$254,000 | −$214,000 | — | — | — | — | — | — | — |
| Total shareholders' equity | $1.9M | $13.0M | $16.0M | $8.9M | $5.8M | $3.9M | $4.7M | $5.4M | $6.0M | $5.8M | $6.5M | $4.6M |
| Key figures | ||||||||||||
| Total debt | $426,000 | $473,000 | $992,000 | $1.1M | $725,000 | $794,000 | $7,000 | $2,660 | $1.2M | $10,510 | $54,877 | — |
| Net cash (debt) | $8.5M | $5.8M | $3.1M | $5.2M | $2.7M | $2.2M | $2.5M | $2.8M | $3.3M | $3.5M | $4.4M | — |
| Working capital | $7.6M | $6.5M | $4.6M | $6.6M | $4.0M | $3.4M | $2.5M | $2.9M | $3.9M | $3.9M | $4.7M | $2.2M |
| Tangible book value | −$2.3M | $8.6M | $4.6M | $8.5M | $5.3M | $3.6M | $4.7M | $5.4M | $6.0M | $5.8M | $6.5M | $4.6M |
| Book value per share | $2.33 | $21.17 | $40.59 | — | $8.11 | $8.53 | $13.78 | — | — | — | — | — |
| Shares outstanding | 816K | 613K | 394K | — | 711K | 462K | 345K | — | — | — | — | — |
| Current ratio | 3.72 | 4.73 | 4.19 | 4.21 | 4.73 | 4.44 | 3.82 | 6.52 | 3.43 | 7.89 | 7.02 | 4.49 |
| Quick ratio | 3.36 | 3.91 | 3.21 | 3.75 | 4.09 | 3.74 | 3.24 | 5.66 | 2.92 | 6.53 | 5.89 | 3.20 |
| Debt / equity | 0.22 | 0.04 | 0.06 | 0.13 | 0.13 | 0.20 | 0.00 | 0.00 | 0.20 | 0.00 | 0.01 | — |
| Equity / assets | 10.2% | 79.1% | 78.5% | 81.0% | 74.4% | 53.5% | 86.9% | 93.4% | 79.9% | 92.2% | 89.5% | 87.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 31, 2025); data from EODHD.
NXTS financial position
At the end of fiscal 2025 (December 31, 2025), Nexentis Technologies had total assets of $20.4 million (up 273.4% from a year earlier), total liabilities of $4.7 million and shareholders' equity of $16.0 million. It held $4.1 million in cash and short-term investments against $1.0 million of debt, a net cash position of $3.1 million. Its current ratio was 4.19. In the latest quarter (ended June 30, 2026) total assets were $18.7 million and equity $1.9 million.
Related: NXTS income statement, NXTS cash flow statement, NXTS key metrics. See the NXTS stock overview for the latest quote and news.
NXTS balance sheet FAQ
What are Nexentis Technologies's total assets?
Nexentis Technologies reported total assets of $20.4 million at the end of fiscal 2025 (December 31, 2025), compared with $5.5 million a year earlier.
How much debt does Nexentis Technologies have?
Nexentis Technologies had $1.0 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.06.
How much cash does Nexentis Technologies have?
Nexentis Technologies held $4.1 million in cash and short-term investments at the end of fiscal 2025; with $1.0 million of debt that is net cash of $3.1 million.
What is Nexentis Technologies's book value?
Nexentis Technologies's shareholders' equity (book value) was $16.0 million at the end of fiscal 2025.
What is Nexentis Technologies's current ratio?
Nexentis Technologies had current assets of $6.0 million and current liabilities of $1.4 million, a current ratio of 4.19 (it can cover its short-term obligations).
How much goodwill does Nexentis Technologies have?
Nexentis Technologies carried $11.4 million of goodwill and intangible assets, 56.1% of total assets, at the end of fiscal 2025.