PriceSmart, Inc. (PSMT) Balance Sheet
PSMT balance sheet, FY2025
August 31, 2025 · U.S. dollars$2.27B assets = $1.02B liabilities + $1.25B equity
Both columns are drawn to the same scale: what PSMT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
PSMT financial health
Current ratio1.34
Adequate · current assets cover current liabilities 1.34×
Debt / equity0.26
Low leverage · $0.26 of debt for each $1 of equity
Equity / assets55.0%
Equity-funded · of assets funded by shareholders
Cash / debt98.8%
Partial cover · cash & short-term investments vs total debt
Goodwill & intangibles1.9%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2025.
PSMT balance sheet trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.10BFY2016 | $2.27BFY2025 | +8.4%/yr | |
| Total liabilities | $458.7MFY2016 | $1.02BFY2025 | +9.3%/yr | |
| Shareholders’ equity | $638.1MFY2016 | $1.25BFY2025 | +7.7%/yr | |
| Cash & short-term investments | $199.5MFY2016 | $325.3MFY2025 | +5.6%/yr | |
| Total debt | $104.6MFY2016 | $329.1MFY2025 | +13.6%/yr | |
| Net cash (debt) | $94.9MFY2016 | −$3.8MFY2025 | −$98.7M | |
| Working capital | $144.7MFY2016 | $248.2MFY2025 | +$103.5M | |
| Book value per share | $21.32FY2016 | $41.49FY2025 | +7.7%/yr | |
| Current ratio | 1.39FY2016 | 1.34FY2025 | −0.05 | |
| Debt / equity | 0.16FY2016 | 0.26FY2025 | +0.10 | |
| Shares outstanding | 29.9MFY2016 | 30.1MFY2025 | +0.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PSMT assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
PSMT liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
PSMT debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
PSMT balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $325.3M | $225.5M | $331.1M | $248.9M | $252.3M | $346.0M | $119.7M | $125.8M | $162.4M | $199.5M |
| Cash & equivalents | $252.1M | $125.4M | $240.0M | $237.7M | $202.1M | $299.5M | $102.7M | $93.5M | $162.4M | $199.5M |
| Short-term investments | $73.2M | $100.2M | $91.1M | $11.2M | $50.2M | $46.5M | $17.0M | $32.3M | $460,000 | $518,000 |
| Receivables | $50.0M | $18.8M | $17.9M | $13.4M | $12.4M | $13.2M | $9.9M | $8.9M | $6.5M | $7.5M |
| Inventory | $560.7M | $528.7M | $471.4M | $464.4M | $389.7M | $309.5M | $331.3M | $321.0M | $310.9M | $282.9M |
| Other current assets | $38.5M | $59.3M | $56.7M | $46.9M | $42.8M | $30.4M | $31.1M | $32.2M | $30.5M | $22.7M |
| Total current assets | $974.5M | $832.3M | $877.1M | $773.6M | $697.2M | $699.0M | $491.9M | $487.9M | $510.4M | $512.6M |
| Property, plant & equipment (net) | $1.11B | $1.03B | $964.5M | $869.1M | $853.9M | $811.8M | $671.2M | $594.4M | $557.8M | $473.0M |
| Goodwill & intangible assets | $43.2M | $43.2M | $43.1M | $44.1M | $52.9M | $55.4M | $58.7M | $61.3M | $71.3M | $71.3M |
| Long-term investments | $6.9M | $6.9M | $10.5M | $10.5M | $10.5M | $10.6M | $10.7M | $10.8M | $10.8M | $10.8M |
| Other non-current assets | $134.8M | $107.7M | $110.4M | $111.2M | $91.3M | $80.0M | $64.0M | $62.1M | $27.3M | $29.1M |
| Total assets | $2.27B | $2.02B | $2.01B | $1.81B | $1.71B | $1.66B | $1.30B | $1.22B | $1.18B | $1.10B |
| Liabilities | ||||||||||
| Accounts payable | $506.9M | $486.0M | $453.2M | $408.4M | $388.8M | $371.0M | $286.2M | $255.7M | $272.2M | $267.2M |
| Short-term debt | $58.9M | $51.3M | $36.5M | $59.3M | $27.9M | $93.2M | $33.4M | $14.9M | $18.4M | $31.1M |
| Deferred revenue | $43.1M | $38.1M | $32.6M | $29.2M | $26.9M | $23.5M | $25.3M | $23.0M | $22.1M | $20.9M |
| Total current liabilities | $726.3M | $680.1M | $634.5M | $579.5M | $533.6M | $568.3M | $407.5M | $349.4M | $363.4M | $367.9M |
| Long-term debt | $147.9M | $94.4M | $119.5M | $103.6M | $110.1M | $112.6M | $63.7M | $87.7M | $87.9M | $73.5M |
| Lease obligations | $130.2M | $111.3M | $129.8M | $126.0M | $137.8M | $132.8M | — | — | — | — |
| Other long-term liabilities | $147.6M | $125.1M | $144.6M | $134.3M | $145.9M | $143.2M | $27.0M | $20.7M | $17.4M | $17.2M |
| Total liabilities | $1.02B | $899.7M | $898.6M | $817.3M | $789.6M | $824.1M | $498.1M | $457.8M | $468.7M | $458.7M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $432.9M | $3,000 | $3,000 |
| Retained earnings (deficit) | $999.4M | $890.3M | $817.6M | $736.9M | $658.9M | $582.5M | $525.8M | $474.0M | $420.5M | $351.1M |
| Treasury stock | — | — | — | — | −$26.1M | −$28.4M | −$38.7M | −$39.1M | −$35.9M | −$32.7M |
| Accumulated other comprehensive income | −$161.4M | −$164.6M | −$164.0M | −$195.6M | −$182.5M | −$176.8M | −$144.3M | −$121.2M | −$110.1M | −$104.0M |
| Minority interest | — | — | — | — | $869,000 | $1.0M | $928,000 | $636,000 | $0 | $0 |
| Total shareholders' equity | $1.25B | $1.12B | $1.11B | $991.1M | $915.3M | $831.7M | $797.4M | $758.0M | $708.8M | $638.1M |
| Key figures | ||||||||||
| Total debt | $329.1M | $249.6M | $278.2M | $281.4M | $267.3M | $330.0M | $97.1M | $102.6M | $106.3M | $104.6M |
| Net cash (debt) | −$3.8M | −$24.1M | $52.9M | −$32.5M | −$15.0M | $16.0M | $22.6M | $23.2M | $56.1M | $94.9M |
| Working capital | $248.2M | $152.2M | $242.6M | $194.1M | $163.7M | $130.7M | $84.4M | $138.5M | $147.0M | $144.7M |
| Tangible book value | $1.20B | $1.08B | $1.06B | $947.0M | $862.5M | $776.3M | $738.7M | $696.7M | $637.5M | $566.8M |
| Book value per share | $41.49 | $37.39 | $35.96 | $32.39 | $30.11 | $27.49 | $26.41 | $25.17 | $23.61 | $21.32 |
| Shares outstanding | 30.1M | 30.0M | 30.8M | 30.6M | 30.4M | 30.3M | 30.2M | 30.1M | 30.0M | 29.9M |
| Current ratio | 1.34 | 1.22 | 1.38 | 1.34 | 1.31 | 1.23 | 1.21 | 1.40 | 1.40 | 1.39 |
| Quick ratio | 0.52 | 0.36 | 0.55 | 0.45 | 0.50 | 0.63 | 0.32 | 0.39 | 0.46 | 0.56 |
| Debt / equity | 0.26 | 0.22 | 0.25 | 0.28 | 0.29 | 0.40 | 0.12 | 0.14 | 0.15 | 0.16 |
| Equity / assets | 55.0% | 55.5% | 55.2% | 54.8% | 53.7% | 50.2% | 61.5% | 62.3% | 60.2% | 58.2% |
| May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | Aug '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $322.2M | $314.5M | $329.8M | $325.3M | $265.9M | $247.3M | $225.5M | $225.5M | $231.0M | $267.0M | $262.5M | $331.1M |
| Cash & equivalents | $208.4M | $164.8M | $215.6M | $252.1M | $171.4M | $130.4M | $124.3M | $125.4M | $131.1M | $173.4M | $174.5M | $240.0M |
| Short-term investments | $113.7M | $149.7M | $114.2M | $73.2M | $94.4M | $116.9M | $101.3M | $100.2M | $99.9M | $93.6M | $88.0M | $91.1M |
| Receivables | $19.8M | $63.6M | $58.5M | $50.0M | $47.3M | $20.4M | $44.5M | $18.8M | $17.8M | $19.8M | $17.6M | $17.9M |
| Inventory | $623.1M | $623.1M | $618.8M | $560.7M | $553.1M | $549.7M | $585.9M | $528.7M | $516.5M | $502.3M | $529.9M | $471.4M |
| Other current assets | $98.6M | $40.7M | $45.5M | $38.5M | $34.5M | $57.8M | $36.6M | $59.3M | $57.5M | $58.5M | $70.8M | $56.7M |
| Total current assets | $1.06B | $1.04B | $1.05B | $974.5M | $900.8M | $875.1M | $892.5M | $832.3M | $822.8M | $847.7M | $880.8M | $877.1M |
| Property, plant & equipment (net) | $1.24B | $1.20B | $1.16B | $1.11B | $1.08B | $1.05B | $1.03B | $1.03B | $1.04B | $1.03B | $985.8M | $964.5M |
| Goodwill & intangible assets | $43.3M | $43.3M | $43.2M | $43.2M | $43.2M | $43.2M | $43.2M | $43.2M | $43.2M | $43.1M | $43.1M | $43.1M |
| Long-term investments | $0 | $0 | $0 | $6.9M | $6.9M | $6.9M | $6.9M | $6.9M | $10.6M | $10.6M | $10.5M | $10.5M |
| Other non-current assets | $259.4M | $154.2M | $142.2M | $134.8M | $114.4M | $114.5M | $110.8M | $107.7M | $105.4M | $110.2M | $108.9M | $110.4M |
| Total assets | $2.60B | $2.44B | $2.39B | $2.27B | $2.14B | $2.09B | $2.09B | $2.02B | $2.02B | $2.04B | $2.03B | $2.01B |
| Liabilities | ||||||||||||
| Accounts payable | $556.7M | $556.3M | $571.6M | $506.9M | $499.1M | $497.7M | $537.1M | $486.0M | $491.2M | $507.1M | $522.6M | $453.2M |
| Short-term debt | $76.7M | $46.1M | $52.2M | $58.9M | $43.0M | $40.9M | $37.3M | $51.3M | $53.9M | $50.9M | $52.0M | $36.5M |
| Deferred revenue | $50.5M | $49.9M | $44.9M | $43.1M | $43.4M | $43.4M | $39.0M | $38.1M | $37.8M | $38.3M | $33.9M | $32.6M |
| Total current liabilities | $879.0M | $805.2M | $788.9M | $726.3M | $701.8M | $701.8M | $707.6M | $680.1M | $694.4M | $708.7M | $705.2M | $634.5M |
| Long-term debt | $114.4M | $129.1M | $143.7M | $147.9M | $86.2M | $88.8M | $93.6M | $94.4M | $98.4M | $102.3M | $99.7M | $119.5M |
| Lease obligations | $142.3M | $143.0M | $137.1M | $130.2M | $126.3M | $113.7M | $115.1M | $111.3M | $115.4M | $115.0M | $128.2M | $129.8M |
| Other long-term liabilities | $219.0M | $169.3M | $156.5M | $147.6M | $142.3M | $129.4M | $128.0M | $125.1M | $132.5M | $131.8M | $142.1M | $144.6M |
| Total liabilities | $1.21B | $1.10B | $1.09B | $1.02B | $930.2M | $920.1M | $929.1M | $899.7M | $925.3M | $942.9M | $947.0M | $898.6M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 |
| Retained earnings (deficit) | $1.09B | $1.05B | $1.04B | $999.4M | $967.8M | $932.7M | $927.7M | $890.3M | $861.2M | $859.3M | $855.6M | $817.6M |
| Accumulated other comprehensive income | −$109.3M | −$123.5M | −$144.8M | −$161.4M | −$158.9M | −$160.6M | −$167.6M | −$164.6M | −$160.1M | −$155.3M | −$160.4M | −$164.0M |
| Total shareholders' equity | $1.39B | $1.33B | $1.30B | $1.25B | $1.21B | $1.17B | $1.16B | $1.12B | $1.10B | $1.09B | $1.08B | $1.11B |
| Key figures | ||||||||||||
| Total debt | $325.5M | $310.1M | $325.2M | $329.1M | $248.1M | $236.2M | $238.5M | $249.6M | $260.6M | $261.1M | $272.4M | $278.2M |
| Net cash (debt) | −$3.3M | $4.4M | $4.6M | −$3.8M | $17.8M | $11.1M | −$13.0M | −$24.1M | −$29.6M | $5.9M | −$9.9M | $52.9M |
| Working capital | $184.7M | $236.7M | $263.7M | $248.2M | $199.0M | $173.3M | $185.0M | $152.2M | $128.4M | $138.9M | $175.6M | $242.6M |
| Tangible book value | $1.35B | $1.29B | $1.26B | $1.20B | $1.17B | $1.13B | $1.12B | $1.08B | $1.05B | $1.05B | $1.04B | $1.06B |
| Book value per share | $46.00 | $44.07 | $43.23 | $41.46 | $40.37 | $39.00 | $38.59 | $37.47 | $36.55 | $36.56 | $35.75 | $35.91 |
| Shares outstanding | 30.3M | 30.2M | 30.2M | 30.1M | 30.1M | 30.1M | 30.0M | 30.0M | 30.0M | 29.9M | 30.3M | 30.8M |
| Current ratio | 1.21 | 1.29 | 1.33 | 1.34 | 1.28 | 1.25 | 1.26 | 1.22 | 1.18 | 1.20 | 1.25 | 1.38 |
| Quick ratio | 0.39 | 0.47 | 0.49 | 0.52 | 0.45 | 0.38 | 0.38 | 0.36 | 0.36 | 0.40 | 0.40 | 0.55 |
| Debt / equity | 0.23 | 0.23 | 0.25 | 0.26 | 0.20 | 0.20 | 0.21 | 0.22 | 0.24 | 0.24 | 0.25 | 0.25 |
| Equity / assets | 53.5% | 54.7% | 54.5% | 55.0% | 56.6% | 56.0% | 55.5% | 55.5% | 54.2% | 53.7% | 53.3% | 55.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed October 30, 2025); data from EODHD.
PSMT financial position
At the end of fiscal 2025 (August 31, 2025), PriceSmart had total assets of $2.3 billion (up 12.2% from a year earlier), total liabilities of $1.0 billion and shareholders' equity of $1.2 billion. It held $325.3 million in cash and short-term investments against $329.1 million of debt, net debt of $3.8 million. Its current ratio was 1.34. In the latest quarter (ended May 31, 2026) total assets were $2.6 billion and equity $1.4 billion.
Related: PSMT income statement, PSMT cash flow statement, PSMT key metrics. See the PSMT stock overview for the latest quote and news.
PSMT balance sheet FAQ
What are PriceSmart's total assets?
PriceSmart reported total assets of $2.3 billion at the end of fiscal 2025 (August 31, 2025), compared with $2.0 billion a year earlier.
How much debt does PriceSmart have?
PriceSmart had $329.1 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.26.
How much cash does PriceSmart have?
PriceSmart held $325.3 million in cash and short-term investments at the end of fiscal 2025; with $329.1 million of debt that is net debt of $3.8 million.
What is PriceSmart's book value?
PriceSmart's shareholders' equity (book value) was $1.2 billion at the end of fiscal 2025, or $41.49 per share.
What is PriceSmart's current ratio?
PriceSmart had current assets of $974.5 million and current liabilities of $726.3 million, a current ratio of 1.34 (it can cover its short-term obligations).
How much goodwill does PriceSmart have?
PriceSmart carried $43.2 million of goodwill and intangible assets, 1.9% of total assets, at the end of fiscal 2025.