PowerBank Corporation (PBK) Balance Sheet

NASDAQ: PBKAssets, liabilities, debt and equity over 5 years.

PBK balance sheet, FY2025

June 30, 2025 · Canadian dollars

C$138.5M assets = C$118.8M liabilities + C$19.8M equity

What it ownsC$138.5MCash & ST investments: C$8.0M (5.7%)Receivables: C$8.8M (6.3%)Receivables C$8.8MOther current: C$24.6M (17.7%)Other currentC$24.6M · 18%PP&E: C$70.4M (50.8%)PP&EC$70.4M · 51%Goodwill & intangibles: C$22.0M (15.9%)Goodwill & intangiblesC$22.0M · 16%Other non-current: C$4.8M (3.4%)=How it is financedC$138.5MCurrent liabilities: C$43.1M (31.1%)Current liabilitiesC$43.1M · 31%Other LT liabilities: C$75.6M (54.6%)Other LT liabilitiesC$75.6M · 55%Shareholders’ equity: C$19.8M (14.3%)Shareholders’ equityC$19.8M · 14%

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

PBK financial health

Current ratio0.96
Tight · current assets cover current liabilities 0.96×
Debt / equity5.38
High leverage · C$5.38 of debt for each $1 of equity
Equity / assets10.2%
Thin equity · of assets funded by shareholders
Cash / debt10.5%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles15.9%
Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal FY2025.

PBK balance sheet trends, FY2021–FY2025

MetricTrendThenLatestChange
Total assetsC$10.3MFY2021C$138.5MFY2025+91.6%/yr
Total liabilitiesC$5.9MFY2021C$118.8MFY2025+112.1%/yr
Shareholders’ equityC$4.4MFY2021C$14.1MFY2025+33.5%/yr
Cash & short-term investmentsC$1.4MFY2021C$8.0MFY2025+53.2%/yr
Total debtC$2.5MFY2021C$76.0MFY2025+133.7%/yr
Net cash (debt)−C$1.1MFY2021−C$68.1MFY2025−C$67.0M
Working capitalC$5.5MFY2021−C$1.8MFY2025−C$7.4M
Current ratio2.17FY20210.96FY2025−1.21
Debt / equity0.57FY20215.38FY2025+4.81
Shares outstanding25.5MFY202132.2MFY2025+6.0%/yr

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

PBK assets

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

PBK liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

PBK debt vs cash

Total debtCash & ST investmentsNet cash (debt)

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

PBK balance sheet in Canadian dollars

FY2025FY2024FY2023FY2022FY2021
Assets
Cash & short-term investmentsC$8.0MC$6.2MC$7.3MC$931,977C$1.4M
Cash & equivalentsC$7.1MC$5.3MC$749,427C$931,977C$1.4M
Short-term investmentsC$812,356C$920,000C$6.5MC$0—
ReceivablesC$8.8MC$1.8MC$11.2MC$2.2MC$6.2M
InventoryC$0C$6.5MC$448,721C$195,920C$593,036
Other current assetsC$24.6MC$3.1MC$3.1MC$5.7MC$2.0M
Total current assetsC$41.3MC$17.6MC$22.0MC$9.0MC$10.2M
Property, plant & equipment (net)C$70.4MC$13.4MC$1.1MC$211,428C$28,483
Goodwill & intangible assetsC$22.0MC$2.4MC$1.1MC$0C$0
Long-term investmentsC$0C$5.2MC$722,515C$0C$0
Other non-current assetsC$4.8MC$554,000C$0C$0C$2
Total assetsC$138.5MC$39.2MC$25.0MC$9.2MC$10.3M
Liabilities
Accounts payableC$11.1MC$1.0MC$1.5MC$2.0MC$2.8M
Short-term debtC$16.0MC$1.9MC$196,072C$727,539C$1.5M
Deferred revenue—C$4.6MC$1.2MC$16,281C$36,067
Total current liabilitiesC$43.1MC$13.4MC$7.1MC$3.4MC$4.7M
Long-term debtC$0C$4.4MC$759,259C$1.2MC$0
Lease obligationsC$7.8MC$1.1MC$173,311C$202,704—
Other long-term liabilitiesC$75.6MC$2.7MC$495,206C$157,370C$1.1M
Total liabilitiesC$118.8MC$20.5MC$8.3MC$4.8MC$5.9M
Shareholders' equity
Common stock & paid-in capitalC$33.3MC$9.0MC$6.9MC$1,000C$999
Retained earnings (deficit)−C$20.4MC$3.2MC$6.7MC$4.4MC$4.6M
Accumulated other comprehensive income−C$177,748C$100,000−C$116,759C$73,767−C$145,754
Minority interest—C$2.4MC$238,405−C$44,717—
Total shareholders' equityC$14.1MC$16.4MC$16.4MC$4.5MC$4.4M
Key figures
Total debtC$76.0MC$7.3MC$1.1MC$2.1MC$2.5M
Net cash (debt)−C$68.1M−C$1.1MC$6.2M−C$1.2M−C$1.1M
Working capital−C$1.8MC$4.2MC$15.0MC$5.6MC$5.5M
Tangible book value−C$7.9MC$13.9MC$15.3MC$4.5MC$4.4M
Shares outstanding32.2M27.0M37.2M26.6M25.5M
Current ratio0.961.323.112.672.17
Quick ratio0.390.602.620.931.61
Debt / equity5.380.440.070.470.57
Equity / assets10.2%41.7%65.7%48.8%43.3%

Quarterly columns are labeled by the month the quarter ended. Figures in Canadian dollars as reported (latest annual report filed June 30, 2025); data from EODHD.

PBK financial position

At the end of fiscal 2025 (June 30, 2025), PowerBank had total assets of C$138.5 million (up 253.1% from a year earlier), total liabilities of C$118.8 million and shareholders' equity of C$14.1 million. It held C$8.0 million in cash and short-term investments against C$76.0 million of debt, net debt of C$68.1 million. Its current ratio was 0.96. In the latest quarter (ended March 31, 2026) total assets were C$134.7 million and equity C$28.7 million.

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

PBK balance sheet FAQ

What are PowerBank's total assets?

PowerBank reported total assets of C$138.5 million at the end of fiscal 2025 (June 30, 2025), compared with C$39.2 million a year earlier.

How much debt does PowerBank have?

PowerBank had C$76.0 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 5.38.

How much cash does PowerBank have?

PowerBank held C$8.0 million in cash and short-term investments at the end of fiscal 2025; with C$76.0 million of debt that is net debt of C$68.1 million.

What is PowerBank's book value?

PowerBank's shareholders' equity (book value) was C$14.1 million at the end of fiscal 2025.

What is PowerBank's current ratio?

PowerBank had current assets of C$41.3 million and current liabilities of C$43.1 million, a current ratio of 0.96 (current liabilities exceed current assets).

How much goodwill does PowerBank have?

PowerBank carried C$22.0 million of goodwill and intangible assets, 15.9% of total assets, at the end of fiscal 2025.

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