PowerCompute, Inc. (PWCM) Balance Sheet
PWCM balance sheet, 2025
December 31, 2025 · U.S. dollars$51.3M assets = $22.4M liabilities + $28.9M equity
Both columns are drawn to the same scale: what PWCM owns equals what it owes plus shareholders’ equity. Hover a block for its value.
PWCM financial health
Descriptive bands, not a rating. Fiscal 2025.
PWCM balance sheet trends, 2021–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $62.1M2021 | $51.3M2025 | −4.7%/yr | |
| Total liabilities | $1.1M2021 | $22.4M2025 | +112.8%/yr | |
| Shareholders’ equity | $60.8M2021 | $30.6M2025 | −15.7%/yr | |
| Cash & short-term investments | $37.2M2021 | $1.5M2025 | −55.5%/yr | |
| Total debt | $182,6902021 | $20.6M2025 | +226.0%/yr | |
| Net cash (debt) | $37.0M2021 | −$19.2M2025 | −$56.2M | |
| Working capital | $37.1M2021 | $3.6M2025 | −$33.5M | |
| Current ratio | 203.952021 | 1.182025 | −202.77 | |
| Debt / equity | 0.002021 | 0.672025 | +0.67 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PWCM assets
PWCM liabilities and equity
PWCM debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
PWCM balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & short-term investments | $1.5M | $12.4M | $5.8M | $5.1M | $37.2M |
| Cash & equivalents | $1.4M | $3.4M | $2.4M | $4.2M | $32.6M |
| Short-term investments | $37,380 | $9.0M | $3.4M | $892,316 | $4.7M |
| Receivables | $12.7M | $252,238 | $1.7M | $4.1M | $28,193 |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $9.3M | $0 | $0 | $0 | $0 |
| Total current assets | $23.5M | $12.7M | $7.5M | $9.3M | $37.3M |
| Property, plant & equipment (net) | $10.6M | $19.8M | $24.7M | $29.7M | $77,883 |
| Goodwill & intangible assets | $6.3M | $5.5M | $0 | $0 | $0 |
| Long-term investments | $25,073 | $205,045 | $1.3M | $12.4M | $0 |
| Other non-current assets | $10.8M | $5.9M | $4.2M | $1.8M | $24.8M |
| Total assets | $51.3M | $44.0M | $37.7M | $53.2M | $62.1M |
| Liabilities | |||||
| Accounts payable | $1.7M | $989,563 | $2.1M | $1.6M | — |
| Short-term debt | $18.1M | $557,279 | $677,970 | $566,598 | $182,690 |
| Total current liabilities | $19.9M | $557,279 | $677,970 | $566,598 | $182,690 |
| Long-term debt | $1.9M | $6.4M | $0 | $0 | $0 |
| Lease obligations | $784,986 | $947,502 | $196,159 | $270,220 | — |
| Other long-term liabilities | $590,368 | $1.8M | $2.2M | $1.8M | $911,044 |
| Total liabilities | $22.4M | $8.7M | $2.9M | $2.4M | $1.1M |
| Shareholders' equity | |||||
| Common stock & paid-in capital | $13,592 | $4,602 | $2,493 | $2,233 | $13,018 |
| Retained earnings (deficit) | −$92.6M | −$65.7M | −$59.0M | −$43.0M | −$13.8M |
| Minority interest | −$1.7M | −$1.7M | −$1.3M | $1.6M | — |
| Total shareholders' equity | $30.6M | $37.0M | $36.2M | $49.2M | $60.8M |
| Key figures | |||||
| Total debt | $20.6M | $7.7M | $763,745 | $745,995 | $182,690 |
| Net cash (debt) | −$19.2M | $4.7M | $5.1M | $4.4M | $37.0M |
| Working capital | $3.6M | $12.1M | $6.8M | $8.7M | $37.1M |
| Tangible book value | $24.3M | $31.5M | $36.2M | $49.2M | $60.8M |
| Current ratio | 1.18 | 22.75 | 11.10 | 16.34 | 203.95 |
| Quick ratio | 0.71 | 22.75 | 11.10 | 16.34 | 203.95 |
| Debt / equity | 0.67 | 0.21 | 0.02 | 0.02 | 0.00 |
| Equity / assets | 59.7% | 84.1% | 96.0% | 92.5% | 97.8% |
| 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 | $1.6M | $836,201 | $1.5M | $11.7M | $837,172 | $2.0M | $12.4M | $9.9M | $10.2M | $12.5M | $5.8M | $2.9M |
| Cash & equivalents | $853,788 | $801,201 | $1.4M | $291,571 | $837,172 | $2.0M | $3.4M | $5.9M | $145,648 | $827,366 | $2.4M | $469,007 |
| Short-term investments | $794,657 | $35,000 | $37,380 | $11.4M | — | — | $9.0M | $4.0M | $10.1M | $11.7M | $3.4M | $2.5M |
| Receivables | $10.2M | $11.9M | $12.7M | $59,335 | $31,187 | $31,187 | $252,238 | $3.2M | $2.4M | $258,646 | $1.7M | $2.6M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $10.1M | $9.3M | $0 | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $11.8M | $22.8M | $23.5M | $11.8M | — | — | $12.7M | $13.2M | $12.6M | $12.8M | $7.5M | $5.5M |
| Property, plant & equipment (net) | $9.2M | $10.0M | $10.6M | $16.9M | $15.4M | $17.3M | $19.2M | $17.3M | $19.7M | $21.1M | $24.6M | $26.1M |
| Goodwill & intangible assets | $6.2M | $6.3M | $6.3M | $6.7M | $10.4M | $10.4M | $5.5M | $0 | $0 | $0 | $0 | $2.0M |
| Long-term investments | $37,986 | $39,097 | $25,073 | $64,593 | $61,401 | $197,401 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $9.9M | $2.6M | $10.8M | $24.6M | $13.2M | $11.2M | $6.7M | $6.0M | $1.8M | $6.3M | $5.6M | $4.8M |
| Total assets | $37.1M | $41.8M | $51.3M | $60.2M | $39.0M | $39.1M | $44.0M | $36.5M | $34.1M | $40.2M | $37.7M | $38.4M |
| Liabilities | ||||||||||||
| Accounts payable | $1.5M | $2.0M | $1.7M | $3.1M | $1.5M | $1.4M | $989,563 | — | — | — | $2.1M | — |
| Short-term debt | $17.6M | $17.9M | $18.1M | $6.8M | $1.8M | $550,310 | $557,279 | $1.6M | $1.7M | $439,817 | $677,970 | $169,897 |
| Total current liabilities | $17.6M | $20.1M | $19.9M | $6.8M | — | — | $557,279 | $1.6M | $1.7M | $439,817 | $677,970 | $169,897 |
| Long-term debt | $2.0M | $1.9M | $1.9M | $1.2M | $4.9M | $6.4M | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $619,444 | $773,647 | $784,986 | $796,055 | $806,581 | $936,817 | — | — | — | — | — | — |
| Other long-term liabilities | $2.0M | $575,123 | $590,368 | $3.7M | — | — | $8.1M | $6.3M | $1.4M | $2.2M | $2.2M | $2.4M |
| Total liabilities | $21.6M | $22.7M | $22.4M | $11.7M | $8.9M | $9.1M | $8.7M | $7.9M | $3.1M | $2.6M | $2.9M | $2.6M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $935 | $15,626 | $13,592 | $14,987 | $4,602 | $4,602 | $4,602 | $2,822 | $2,493 | $2,493 | $2,493 | $14,652 |
| Retained earnings (deficit) | −$107.3M | −$102.7M | −$92.6M | −$74.7M | −$71.0M | −$71.1M | −$65.7M | −$67.6M | −$62.9M | −$56.9M | −$59.0M | −$57.4M |
| Minority interest | −$1.7M | −$1.7M | −$1.7M | −$1.7M | −$1.7M | — | — | — | — | — | — | — |
| Total shareholders' equity | $17.3M | $20.8M | $30.6M | $50.1M | $31.9M | $31.7M | $37.0M | $30.2M | $32.5M | $38.5M | $36.2M | $37.4M |
| Key figures | ||||||||||||
| Total debt | $20.0M | $20.4M | $20.6M | $8.6M | $7.4M | $7.7M | $7.7M | $6.5M | $1.7M | $495,965 | $763,745 | $284,752 |
| Net cash (debt) | −$18.3M | −$19.6M | −$19.2M | $3.1M | −$6.5M | −$5.7M | $4.7M | $3.4M | $8.5M | $12.0M | $5.1M | $2.6M |
| Working capital | −$5.8M | $2.7M | $3.6M | $5.0M | — | — | $12.1M | $11.5M | $10.9M | $12.3M | $6.8M | $5.3M |
| Tangible book value | $11.1M | $14.6M | $24.3M | $43.4M | $21.5M | $21.3M | $31.5M | $30.2M | $32.5M | $38.5M | $36.2M | $35.4M |
| Book value per share | $19.73 | $24.27 | $50.76 | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 875K | 858K | 603K | — | — | — | — | — | — | — | — | — |
| Current ratio | 0.67 | 1.13 | 1.18 | 1.74 | — | — | 22.75 | 8.07 | 7.39 | 29.00 | 11.10 | 32.33 |
| Quick ratio | 0.67 | 0.63 | 0.71 | 1.74 | — | — | 22.75 | 8.07 | 7.39 | 29.00 | 11.10 | 32.33 |
| Debt / equity | 1.16 | 0.98 | 0.67 | 0.17 | 0.23 | 0.24 | 0.21 | 0.21 | 0.05 | 0.01 | 0.02 | 0.01 |
| Equity / assets | 46.5% | 49.9% | 59.7% | 83.3% | 81.6% | 81.1% | 84.1% | 82.7% | 95.2% | 95.8% | 96.0% | 97.2% |
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.
PWCM financial position
At the end of fiscal 2025 (December 31, 2025), PowerCompute had total assets of $51.3 million (up 16.5% from a year earlier), total liabilities of $22.4 million and shareholders' equity of $30.6 million. It held $1.5 million in cash and short-term investments against $20.6 million of debt, net debt of $19.2 million. Its current ratio was 1.18. In the latest quarter (ended June 30, 2026) total assets were $37.1 million and equity $17.3 million.
Related: PWCM income statement, PWCM cash flow statement, PWCM key metrics. See the PWCM stock overview for the latest quote and news.
PWCM balance sheet FAQ
What are PowerCompute's total assets?
PowerCompute reported total assets of $51.3 million at the end of fiscal 2025 (December 31, 2025), compared with $44.0 million a year earlier.
How much debt does PowerCompute have?
PowerCompute had $20.6 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.67.
How much cash does PowerCompute have?
PowerCompute held $1.5 million in cash and short-term investments at the end of fiscal 2025; with $20.6 million of debt that is net debt of $19.2 million.
What is PowerCompute's book value?
PowerCompute's shareholders' equity (book value) was $30.6 million at the end of fiscal 2025.
What is PowerCompute's current ratio?
PowerCompute had current assets of $23.5 million and current liabilities of $19.9 million, a current ratio of 1.18 (it can cover its short-term obligations).
How much goodwill does PowerCompute have?
PowerCompute carried $6.3 million of goodwill and intangible assets, 12.3% of total assets, at the end of fiscal 2025.