Power Solutions International, Inc. (PSIX) Balance Sheet
PSIX balance sheet, 2025
December 31, 2025 · U.S. dollars$444.4M assets = $265.8M liabilities + $178.6M equity
Both columns are drawn to the same scale: what PSIX owns equals what it owes plus shareholders’ equity. Hover a block for its value.
PSIX financial health
Descriptive bands, not a rating. Fiscal 2025.
PSIX balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $264.6M2016 | $444.4M2025 | +5.9%/yr | |
| Total liabilities | $224.0M2016 | $265.8M2025 | +1.9%/yr | |
| Shareholders’ equity | $40.7M2016 | $178.6M2025 | +17.9%/yr | |
| Cash & short-term investments | $2.3M2016 | $44.9M2025 | +39.2%/yr | |
| Total debt | $123.9M2016 | $153.1M2025 | +2.4%/yr | |
| Net cash (debt) | −$121.6M2016 | −$108.2M2025 | +$13.5M | |
| Working capital | $84.3M2016 | $198.6M2025 | +$114.3M | |
| Book value per share | $3.722016 | $7.742025 | +8.5%/yr | |
| Current ratio | 1.852016 | 3.152025 | +1.31 | |
| Debt / equity | 3.052016 | 0.862025 | −2.19 | |
| Shares outstanding | 10.9M2016 | 23.1M2025 | +8.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PSIX assets
PSIX liabilities and equity
PSIX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
PSIX balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $44.9M | $55.3M | $22.8M | $24.3M | $6.3M | $24.3M | $54,000 | $1 | $0 | $2.3M |
| Cash & equivalents | $44.9M | $55.3M | $22.8M | $24.3M | $6.3M | $24.3M | $54,000 | $54,000 | $0 | $2.3M |
| Receivables | $112.9M | $91.4M | $83.1M | $94.1M | $69.4M | $64.4M | $106.4M | $69.7M | $69.7M | $67.5M |
| Inventory | $127.4M | $93.9M | $84.9M | $120.6M | $142.2M | $108.2M | $105.6M | $86.7M | $86.7M | $100.5M |
| Other current assets | $5.8M | $13.8M | $14.6M | $16.3M | $12.4M | $5.8M | $4.0M | $14.4M | $14.4M | $13.6M |
| Total current assets | $290.9M | $254.3M | $205.4M | $255.3M | $230.2M | $202.7M | $216.0M | $170.8M | $170.8M | $183.9M |
| Property, plant & equipment (net) | $75.9M | $38.7M | $42.1M | $27.1M | $30.9M | $37.3M | $24.3M | $19.0M | $0 | $20.1M |
| Goodwill & intangible assets | $31.1M | $32.3M | $33.7M | $35.5M | $37.6M | $40.2M | $46.8M | $51.3M | $51.3M | $55.9M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $46.5M | $2.9M | $3.1M | $2.0M | $1.8M | $3.9M | $2.7M | $6.0M | $24.9M | $4.7M |
| Total assets | $444.4M | $328.2M | $284.3M | $319.9M | $300.5M | $284.0M | $289.9M | $247.0M | $247.0M | $264.6M |
| Liabilities | ||||||||||
| Accounts payable | $48.2M | $58.2M | $67.4M | $76.4M | $93.3M | $31.5M | $85.2M | $51.2M | $89.6M | $53.6M |
| Short-term debt | $7.5M | $125.3M | $148.9M | $208.7M | $159.2M | $134.1M | $54.6M | $37.1M | $37.1M | $13.5M |
| Deferred revenue | $3.5M | $10.2M | $2.7M | $1.3M | $1.8M | $48.0M | $4.9M | $2.8M | — | $1.8M |
| Total current liabilities | $92.3M | $227.6M | $248.3M | $319.3M | $283.3M | $239.5M | $220.6M | $126.7M | $126.7M | $99.6M |
| Long-term debt | $95.0M | $38,000 | $90,000 | $5.0M | $25.6M | $781,000 | $55.7M | $54.7M | $54.4M | $110.4M |
| Lease obligations | $57.3M | $25.3M | $29.2M | $14.1M | $4.0M | $3.8M | $4.9M | — | — | — |
| Other long-term liabilities | $78.5M | $35.3M | $39.8M | $26.0M | $33.6M | $37.6M | $32.2M | $33.5M | $33.8M | $13.9M |
| Total liabilities | $265.8M | $262.9M | $288.2M | $350.3M | $342.6M | $277.9M | $308.5M | $214.8M | $214.8M | $224.0M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $19,000 | $19,000 | $19,000 | $12,000 |
| Retained earnings (deficit) | $22.5M | −$91.5M | −$160.8M | −$187.1M | −$198.4M | −$149.9M | −$135.2M | −$82.1M | −$82.1M | −$34.5M |
| Treasury stock | — | — | — | −$972,000 | — | −$1.3M | −$10.1M | −$9.8M | −$9.5M | — |
| Accumulated other comprehensive income | — | — | $0 | $0 | $0 | $0 | −$21.8M | −$16.8M | — | −$12.6M |
| Total shareholders' equity | $178.6M | $65.2M | −$3.9M | −$30.4M | −$42.0M | $6.1M | −$18.6M | $32.2M | $32.2M | $40.7M |
| Key figures | ||||||||||
| Total debt | $153.1M | $146.0M | $174.2M | $224.9M | $195.2M | $149.0M | $110.3M | $91.8M | $91.5M | $123.9M |
| Net cash (debt) | −$108.2M | −$90.8M | −$151.4M | −$200.6M | −$188.9M | −$124.8M | −$110.2M | −$91.8M | −$91.5M | −$121.6M |
| Working capital | $198.6M | $26.8M | −$42.9M | −$64.0M | −$53.1M | −$36.8M | −$4.6M | $44.1M | $44.1M | $84.3M |
| Tangible book value | $147.5M | $33.0M | −$37.7M | −$65.9M | −$79.6M | −$34.1M | −$65.4M | −$19.2M | −$19.2M | −$15.2M |
| Book value per share | $7.74 | $2.83 | −$0.17 | −$1.32 | −$1.83 | $0.27 | −$1.00 | $2.33 | $1.75 | $3.72 |
| Shares outstanding | 23.1M | 23.0M | 23.0M | 22.9M | 22.9M | 22.9M | 18.6M | 13.8M | 18.4M | 10.9M |
| Current ratio | 3.15 | 1.12 | 0.83 | 0.80 | 0.81 | 0.85 | 0.98 | 1.35 | 1.35 | 1.85 |
| Quick ratio | 1.71 | 0.64 | 0.43 | 0.37 | 0.27 | 0.37 | 0.48 | 0.55 | 0.55 | 0.70 |
| Debt / equity | 0.86 | 2.24 | — | — | — | 24.44 | — | 2.85 | 2.84 | 3.05 |
| Equity / assets | 40.2% | 19.9% | −1.4% | −9.5% | −14.0% | 2.1% | −6.4% | 13.0% | 13.0% | 15.4% |
| 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 | $70.1M | $49.5M | $44.9M | $49.0M | $49.5M | $50.0M | $55.3M | $40.5M | $28.8M | $33.1M | $22.8M | $31.8M |
| Cash & equivalents | $70.1M | $49.5M | $44.9M | $49.0M | $49.5M | $50.0M | $55.3M | $40.5M | $28.8M | $33.1M | $22.8M | $31.8M |
| Receivables | $95.6M | $90.6M | $112.9M | $107.6M | $103.3M | $99.0M | $91.4M | $98.2M | $64.6M | $49.7M | $83.1M | $87.6M |
| Inventory | $127.6M | $129.2M | $127.4M | $152.2M | $149.0M | $116.8M | $93.9M | $104.9M | $93.4M | $88.8M | $84.9M | $94.4M |
| Other current assets | $9.3M | $5.4M | $5.8M | $10.0M | $8.6M | $12.4M | $13.8M | $21.7M | $44.8M | $37.5M | $14.6M | $12.5M |
| Total current assets | $302.5M | $274.8M | $290.9M | $318.9M | $310.3M | $278.2M | $254.3M | $265.2M | $231.6M | $209.1M | $205.4M | $226.3M |
| Property, plant & equipment (net) | $91.2M | $93.4M | $75.9M | $75.6M | $67.6M | $59.6M | $38.7M | $38.4M | $40.0M | $41.3M | $42.1M | $41.8M |
| Goodwill & intangible assets | $36.2M | $36.5M | $31.1M | $31.4M | $31.7M | $32.0M | $32.3M | $32.7M | $33.0M | $33.4M | $33.7M | $34.2M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $23.4M | $25.9M | $46.5M | $33.1M | $28.1M | $2.9M | $2.9M | $2.9M | $3.0M | $3.1M | $3.1M | $3.2M |
| Total assets | $453.3M | $430.7M | $444.4M | $458.9M | $437.7M | $372.7M | $328.2M | $339.1M | $307.6M | $286.8M | $284.3M | $305.5M |
| Liabilities | ||||||||||||
| Accounts payable | $49.5M | $42.5M | $48.2M | $83.6M | $89.6M | $66.2M | $58.2M | $76.6M | $66.9M | $72.8M | $67.4M | $75.5M |
| Short-term debt | $10.0M | $10.3M | $7.5M | $7.0M | $101.7M | $115.9M | $125.3M | $140.2M | $139.2M | $144.1M | $148.9M | $163.7M |
| Deferred revenue | $14.3M | $2.6M | $3.5M | $12.5M | $21.5M | $18.8M | $10.2M | $11.6M | $9.5M | $2.8M | $2.7M | $2.5M |
| Total current liabilities | $117.6M | $80.4M | $92.3M | $139.6M | $246.9M | $239.5M | $227.6M | $259.2M | $243.8M | $245.8M | $248.3M | $276.3M |
| Long-term debt | $69.8M | $100.0M | $95.0M | $95.0M | $19,000 | $24,000 | $38,000 | $51,000 | $64,000 | $77,000 | $90,000 | $126,000 |
| Lease obligations | $62.9M | $64.6M | $57.3M | $58.6M | $50.5M | $43.0M | $25.3M | $26.3M | $27.4M | $28.4M | $29.2M | $29.8M |
| Other long-term liabilities | $62.8M | $64.5M | $78.5M | $61.9M | $55.1M | $48.9M | $35.3M | $37.8M | $38.9M | $37.8M | $39.8M | $41.4M |
| Total liabilities | $250.2M | $244.9M | $265.8M | $296.5M | $302.0M | $288.4M | $262.9M | $297.0M | $282.8M | $283.6M | $288.2M | $317.8M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 |
| Retained earnings (deficit) | $46.6M | $29.8M | $22.5M | $6.4M | −$21.2M | −$72.4M | −$91.5M | −$114.8M | −$132.1M | −$153.7M | −$160.8M | −$169.2M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | $0 | $0 | $0 | $0 |
| Total shareholders' equity | $203.1M | $185.8M | $178.6M | $162.5M | $135.7M | $84.3M | $65.2M | $42.1M | $24.8M | $3.2M | −$3.9M | −$12.3M |
| Key figures | ||||||||||||
| Total debt | $134.7M | $167.2M | $153.1M | $154.4M | $146.3M | $153.7M | $146.0M | $162.1M | $162.4M | $168.4M | $174.2M | $189.8M |
| Net cash (debt) | −$64.7M | −$117.6M | −$108.2M | −$105.4M | −$96.8M | −$103.7M | −$90.8M | −$121.7M | −$133.6M | −$135.3M | −$151.4M | −$158.1M |
| Working capital | $184.9M | $194.5M | $198.6M | $179.3M | $63.4M | $38.7M | $26.8M | $5.9M | −$12.2M | −$36.7M | −$42.9M | −$49.9M |
| Tangible book value | $166.8M | $149.2M | $147.5M | $131.1M | $104.0M | $52.4M | $33.0M | $9.5M | −$8.3M | −$30.2M | −$37.7M | −$46.5M |
| Book value per share | $8.80 | $8.06 | $7.74 | $7.04 | $5.88 | $3.66 | $2.83 | $1.82 | $1.08 | $0.14 | −$0.17 | −$0.54 |
| Shares outstanding | 23.1M | 23.1M | 23.1M | 23.1M | 23.1M | 23.1M | 23.0M | 23.1M | 23.0M | 23.0M | 23.0M | 23.0M |
| Current ratio | 2.57 | 3.42 | 3.15 | 2.28 | 1.26 | 1.16 | 1.12 | 1.02 | 0.95 | 0.85 | 0.83 | 0.82 |
| Quick ratio | 1.41 | 1.74 | 1.71 | 1.12 | 0.62 | 0.62 | 0.64 | 0.53 | 0.38 | 0.34 | 0.43 | 0.43 |
| Debt / equity | 0.66 | 0.90 | 0.86 | 0.95 | 1.08 | 1.82 | 2.24 | 3.85 | 6.56 | 52.23 | — | — |
| Equity / assets | 44.8% | 43.1% | 40.2% | 35.4% | 31.0% | 22.6% | 19.9% | 12.4% | 8.1% | 1.1% | −1.4% | −4.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 2, 2026); data from EODHD.
PSIX financial position
At the end of fiscal 2025 (December 31, 2025), Power Solutions International had total assets of $444.4 million (up 35.4% from a year earlier), total liabilities of $265.8 million and shareholders' equity of $178.6 million. It held $44.9 million in cash and short-term investments against $153.1 million of debt, net debt of $108.2 million. Its current ratio was 3.15. In the latest quarter (ended June 30, 2026) total assets were $453.3 million and equity $203.1 million.
Related: PSIX income statement, PSIX cash flow statement, PSIX key metrics. See the PSIX stock overview for the latest quote and news.
PSIX balance sheet FAQ
What are Power Solutions International's total assets?
Power Solutions International reported total assets of $444.4 million at the end of fiscal 2025 (December 31, 2025), compared with $328.2 million a year earlier.
How much debt does Power Solutions International have?
Power Solutions International had $153.1 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.86.
How much cash does Power Solutions International have?
Power Solutions International held $44.9 million in cash and short-term investments at the end of fiscal 2025; with $153.1 million of debt that is net debt of $108.2 million.
What is Power Solutions International's book value?
Power Solutions International's shareholders' equity (book value) was $178.6 million at the end of fiscal 2025, or $7.74 per share.
What is Power Solutions International's current ratio?
Power Solutions International had current assets of $290.9 million and current liabilities of $92.3 million, a current ratio of 3.15 (it can cover its short-term obligations).
How much goodwill does Power Solutions International have?
Power Solutions International carried $31.1 million of goodwill and intangible assets, 7.0% of total assets, at the end of fiscal 2025.