Polyrizon Ltd. (PLRZ) Balance Sheet
PLRZ balance sheet, 2025
December 31, 2025 · U.S. dollars$21.4M assets = $443,000 liabilities + $21.0M equity
Both columns are drawn to the same scale: what PLRZ owns equals what it owes plus shareholders’ equity. Hover a block for its value.
PLRZ financial health
Descriptive bands, not a rating. Fiscal 2025.
PLRZ balance sheet trends, 2020–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $24,0002020 | $21.4M2025 | +289.2%/yr | |
| Total liabilities | $8,0002020 | $443,0002025 | +123.2%/yr | |
| Shareholders’ equity | $16,0002020 | $21.0M2025 | +320.3%/yr | |
| Cash & short-term investments | $10,0002020 | $12.3M2025 | +314.8%/yr | |
| Total debt | $622,0002022 | $200,0002023 | −67.8%/yr | |
| Net cash (debt) | −$586,0002022 | −$159,0002023 | +$427,000 | |
| Working capital | $11,0002020 | $12.4M2025 | +$12.4M | |
| Book value per share | $0.002020 | $13.052025 | +409.2%/yr | |
| Shares outstanding | 4.2M2020 | 1.6M2025 | −17.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PLRZ assets
PLRZ liabilities and equity
PLRZ debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
PLRZ balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & short-term investments | $12.3M | $2.6M | $41,000 | $36,000 | $523,000 | $10,000 |
| Cash & equivalents | $1.3M | $2.6M | $4,000 | $36,000 | $523,000 | $10,000 |
| Short-term investments | $11.0M | $0 | $37,000 | $0 | — | — |
| Receivables | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $587,000 | $99,000 | $13,000 | $15,000 | $21,000 | $9,000 |
| Total current assets | $12.9M | $2.7M | $54,000 | $51,000 | $544,000 | $19,000 |
| Property, plant & equipment (net) | $12,000 | $10,000 | $12,000 | $16,000 | $18,000 | $5,000 |
| Goodwill & intangible assets | $2.5M | $2.9M | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $6.0M | $0 | $493,000 | $479,000 | $125,000 | $0 |
| Total assets | $21.4M | $5.5M | $559,000 | $546,000 | $687,000 | $24,000 |
| Liabilities | ||||||
| Short-term debt | — | — | $200,000 | $622,000 | — | — |
| Total current liabilities | $443,000 | $261,000 | $502,000 | $1.2M | $690,000 | $8,000 |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $248,000 | $248,000 | $0 | $0 |
| Total liabilities | $443,000 | $261,000 | $750,000 | $1.2M | $690,000 | $8,000 |
| Shareholders' equity | ||||||
| Common stock & paid-in capital | — | — | — | — | $326,000 | $49,000 |
| Retained earnings (deficit) | −$8.4M | −$5.1M | −$3.5M | −$2.9M | −$2.1M | −$1.4M |
| Accumulated other comprehensive income | — | — | −$196,000 | — | — | — |
| Total shareholders' equity | $21.0M | $5.3M | $57,000 | −$652,000 | −$3,000 | $16,000 |
| Key figures | ||||||
| Total debt | — | — | $200,000 | $622,000 | — | — |
| Net cash (debt) | — | — | −$159,000 | −$586,000 | — | — |
| Working capital | $12.4M | $2.4M | −$448,000 | −$1.1M | −$146,000 | $11,000 |
| Tangible book value | $18.4M | $2.4M | $57,000 | −$652,000 | −$3,000 | $16,000 |
| Book value per share | $13.05 | — | — | −$0.50 | −$0.00 | $0.00 |
| Shares outstanding | 1.6M | — | — | 1.3M | 4.2M | 4.2M |
| Current ratio | 29.03 | 10.16 | 0.11 | 0.04 | 0.79 | 2.38 |
| Quick ratio | 27.70 | 9.79 | 0.08 | 0.03 | 0.76 | 1.25 |
| Debt / equity | — | — | 3.51 | — | — | — |
| Equity / assets | 97.9% | 95.3% | 10.2% | −119.4% | −0.4% | 66.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & short-term investments | $15.0M | $16.1M | $12.3M | $12.3M | $15.8M | $15.8M | $2.6M | $2.6M | $23,000 | $23,000 | $41,000 |
| Cash & equivalents | $8.4M | $8.4M | $1.3M | $1.3M | $15.8M | $15.8M | $2.6M | $2.6M | $23,000 | $23,000 | $4,000 |
| Short-term investments | $6.6M | $4.1M | $11.0M | $10.2M | — | — | $0 | — | $0 | — | $37,000 |
| Receivables | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $1.2M | $222,000 | $587,000 | $587,000 | $204,000 | $204,000 | $99,000 | $99,000 | $20,000 | $20,000 | $13,000 |
| Total current assets | $16.3M | $16.3M | $12.9M | $12.9M | $16.0M | $16.0M | $2.7M | $2.7M | $43,000 | $43,000 | $54,000 |
| Property, plant & equipment (net) | $12,000 | $12,000 | $12,000 | $12,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 |
| Goodwill & intangible assets | $2.4M | $2.4M | $2.5M | $2.5M | $2.7M | $2.7M | $2.9M | $2.9M | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $6.2M | $6.2M | $6.0M | $6.0M | $0 | $0 | $0 | $0 | $532,000 | $532,000 | $493,000 |
| Total assets | $24.9M | $24.9M | $21.4M | $21.4M | $18.7M | $18.7M | $5.5M | $5.5M | $586,000 | $586,000 | $559,000 |
| Liabilities | |||||||||||
| Short-term debt | — | — | — | — | — | — | — | — | $151,000 | $151,000 | $200,000 |
| Total current liabilities | $448,000 | $448,000 | $443,000 | $443,000 | $364,000 | $364,000 | $261,000 | $261,000 | $364,000 | $364,000 | $502,000 |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $248,000 | $0 | $248,000 |
| Total liabilities | $448,000 | $448,000 | $443,000 | $443,000 | $364,000 | $364,000 | $261,000 | $261,000 | $612,000 | $364,000 | $750,000 |
| Shareholders' equity | |||||||||||
| Retained earnings (deficit) | −$9.8M | −$9.8M | −$8.4M | −$8.4M | −$5.2M | −$5.2M | −$5.1M | −$5.1M | −$4.1M | −$4.1M | −$3.5M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | −$19,000 | — | −$196,000 |
| Total shareholders' equity | $24.4M | $24.4M | $21.0M | $21.0M | $18.4M | $18.4M | $5.3M | $5.3M | $222,000 | $222,000 | $57,000 |
| Key figures | |||||||||||
| Total debt | — | — | — | — | — | — | — | — | $151,000 | $151,000 | $200,000 |
| Net cash (debt) | — | — | — | — | — | — | — | — | −$128,000 | −$128,000 | −$159,000 |
| Working capital | $15.8M | $15.8M | $12.4M | $12.4M | $15.7M | $15.7M | $2.4M | $2.4M | −$321,000 | −$321,000 | −$448,000 |
| Tangible book value | $22.0M | $22.0M | $18.4M | $18.4M | $15.7M | $15.7M | $2.4M | $2.4M | $222,000 | $222,000 | $57,000 |
| Book value per share | $13.49 | $13.49 | $13.05 | $18.74 | $12.73 | $12.73 | — | — | — | — | $0.01 |
| Shares outstanding | 1.8M | 1.8M | 1.6M | 1.1M | 1.4M | 1.4M | — | — | — | — | 4.2M |
| Current ratio | 36.37 | 36.37 | 29.03 | 29.03 | 44.04 | 44.04 | 10.16 | 10.16 | 0.12 | 0.12 | 0.11 |
| Quick ratio | 33.58 | 35.88 | 27.70 | 27.70 | 43.48 | 43.48 | 9.79 | 9.79 | 0.06 | 0.06 | 0.08 |
| Debt / equity | — | — | — | — | — | — | — | — | 0.68 | 0.68 | 3.51 |
| Equity / assets | 98.2% | 98.2% | 97.9% | 97.9% | 98.1% | 98.1% | 95.3% | 95.3% | 37.9% | 37.9% | 10.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 25, 2026); data from EODHD.
PLRZ financial position
At the end of fiscal 2025 (December 31, 2025), Polyrizon had total assets of $21.4 million (up 286.5% from a year earlier), total liabilities of $0.4 million and shareholders' equity of $21.0 million. Its current ratio was 29.03. In the latest quarter (ended June 30, 2026) total assets were $24.9 million and equity $24.4 million.
Related: PLRZ income statement, PLRZ cash flow statement, PLRZ key metrics. See the PLRZ stock overview for the latest quote and news.
PLRZ balance sheet FAQ
What are Polyrizon's total assets?
Polyrizon reported total assets of $21.4 million at the end of fiscal 2025 (December 31, 2025), compared with $5.5 million a year earlier.
How much cash does Polyrizon have?
Polyrizon held $12.3 million in cash and short-term investments at the end of fiscal 2025.
What is Polyrizon's book value?
Polyrizon's shareholders' equity (book value) was $21.0 million at the end of fiscal 2025, or $13.05 per share.
What is Polyrizon's current ratio?
Polyrizon had current assets of $12.9 million and current liabilities of $0.4 million, a current ratio of 29.03 (it can cover its short-term obligations).
How much goodwill does Polyrizon have?
Polyrizon carried $2.5 million of goodwill and intangible assets, 11.9% of total assets, at the end of fiscal 2025.