Recon Technology, Ltd. (RCON) Balance Sheet
RCON balance sheet, FY2026
June 30, 2026 · U.S. dollars$639.7M assets = $87.0M liabilities + $552.6M equity
Both columns are drawn to the same scale: what RCON owns equals what it owes plus shareholders’ equity. Hover a block for its value.
RCON financial health
Descriptive bands, not a rating. Fiscal FY2026.
RCON balance sheet trends, FY2025–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $525.6MFY2025 | $639.7MFY2026 | +21.7%/yr | |
| Total liabilities | $71.7MFY2025 | $87.0MFY2026 | +21.5%/yr | |
| Shareholders’ equity | $467.4MFY2025 | $566.5MFY2026 | +21.2%/yr | |
| Cash & short-term investments | $102.5MFY2025 | $38.8MFY2026 | −62.2%/yr | |
| Total debt | $34.4MFY2025 | $37.6MFY2026 | +9.1%/yr | |
| Net cash (debt) | $68.0MFY2025 | $1.2MFY2026 | −$66.8M | |
| Working capital | $295.6MFY2025 | $145.0MFY2026 | −$150.6M | |
| Book value per share | $1,027.89FY2025 | $5,346.06FY2026 | +420.1%/yr | |
| Current ratio | 5.88FY2025 | 2.73FY2026 | −3.15 | |
| Debt / equity | 0.07FY2025 | 0.07FY2026 | −0.01 | |
| Shares outstanding | 455KFY2025 | 106KFY2026 | −76.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
RCON assets
RCON liabilities and equity
RCON debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
RCON balance sheet
| FY2026 | FY2025 | |
|---|---|---|
| Assets | ||
| Cash & short-term investments | $38.8M | $102.5M |
| Cash & equivalents | $29.8M | $98.9M |
| Short-term investments | $9.0M | $3.6M |
| Receivables | $128.1M | $89.4M |
| Inventory | $1.3M | $16.0M |
| Other current assets | $60.5M | $148.3M |
| Total current assets | $228.7M | $356.2M |
| Property, plant & equipment (net) | $125.0M | $51.0M |
| Goodwill & intangible assets | $0 | $0 |
| Long-term investments | $0 | $0 |
| Other non-current assets | $285.9M | $118.5M |
| Total assets | $639.7M | $525.6M |
| Liabilities | ||
| Accounts payable | $36.9M | $19.4M |
| Short-term debt | $34.3M | $23.4M |
| Deferred revenue | $2.1M | — |
| Total current liabilities | $83.8M | $60.6M |
| Long-term debt | $0 | $0 |
| Other long-term liabilities | $3.3M | $11.1M |
| Total liabilities | $87.0M | $71.7M |
| Shareholders' equity | ||
| Common stock & paid-in capital | $156,737 | $115,586 |
| Retained earnings (deficit) | −$292.7M | −$258.8M |
| Accumulated other comprehensive income | $31.3M | $33.5M |
| Total shareholders' equity | $566.5M | $467.4M |
| Key figures | ||
| Total debt | $37.6M | $34.4M |
| Net cash (debt) | $1.2M | $68.0M |
| Working capital | $145.0M | $295.6M |
| Tangible book value | $566.5M | $467.4M |
| Book value per share | $5,346.06 | $1,027.89 |
| Shares outstanding | 106K | 455K |
| Current ratio | 2.73 | 5.88 |
| Quick ratio | 1.99 | 3.17 |
| Debt / equity | 0.07 | 0.07 |
| Equity / assets | 88.6% | 88.9% |
| Jun '26 | Mar '26 | Sep '25 | Mar '25 | Sep '24 | Mar '24 | Sep '23 | |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & short-term investments | $38.8M | $38.8M | $75.1M | $102.5M | $145.3M | $198.1M | $255.8M |
| Cash & equivalents | $29.8M | $29.7M | $75.1M | $98.9M | $145.3M | $110.0M | $121.8M |
| Short-term investments | $9.0M | $9.0M | $3.6M | $3.6M | $88.1M | $88.1M | $134.0M |
| Receivables | $128.1M | $46.3M | $104.3M | $89.4M | $85.2M | $88.3M | $80.7M |
| Inventory | $1.3M | $59.1M | $14.1M | $16.0M | $11.0M | $6.3M | $3.9M |
| Other current assets | $60.5M | $84.8M | $152.1M | $148.3M | $237.7M | $213.8M | $84.7M |
| Total current assets | $228.7M | $229.0M | $345.6M | $356.2M | $479.2M | $506.5M | $425.1M |
| Property, plant & equipment (net) | $125.0M | $125.0M | $76.4M | $51.0M | $44.0M | $45.9M | $39.7M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $285.9M | $285.5M | $121.0M | $118.5M | $18.5M | $0 | $18.5M |
| Total assets | $639.7M | $639.4M | $543.0M | $525.6M | $541.7M | $552.4M | $483.3M |
| Liabilities | |||||||
| Accounts payable | $36.9M | $36.9M | $37.4M | $19.4M | $14.1M | $10.2M | $12.1M |
| Short-term debt | $34.3M | $34.3M | $27.4M | $23.4M | $25.5M | $26.2M | $33.4M |
| Deferred revenue | $2.1M | — | — | — | $1.8M | $13.4M | $2.7M |
| Total current liabilities | $83.8M | $83.7M | $81.6M | $60.6M | $52.1M | $47.5M | $66.9M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $3.3M | $3.3M | $10.4M | $11.1M | $12.8M | $14.0M | $1.0M |
| Total liabilities | $87.0M | $87.0M | $91.9M | $71.7M | $64.9M | $61.5M | $67.9M |
| Shareholders' equity | |||||||
| Common stock & paid-in capital | $156,737 | $156,684 | $115,586 | $115,586 | $113,672 | $104,327 | $32,484 |
| Retained earnings (deficit) | −$292.7M | −$288.4M | −$264.6M | −$258.8M | −$236.8M | −$216.2M | −$188.8M |
| Accumulated other comprehensive income | $31.3M | $27.1M | $29.9M | $33.5M | $38.3M | $37.1M | $30.5M |
| Total shareholders' equity | $566.5M | $566.3M | $464.4M | $467.4M | $488.5M | $502.6M | $426.0M |
| Key figures | |||||||
| Total debt | $37.6M | $37.6M | $37.7M | $34.4M | $38.3M | $40.1M | $33.4M |
| Net cash (debt) | $1.2M | $1.2M | $37.4M | $68.0M | $107.0M | $157.9M | $222.4M |
| Working capital | $145.0M | $145.2M | $264.1M | $295.6M | $427.1M | $459.0M | $358.2M |
| Tangible book value | $566.5M | $566.3M | $464.4M | $467.4M | $488.5M | $502.6M | $426.0M |
| Book value per share | $3,233.70 | $3,232.55 | $980.18 | $1,014.88 | $1,088.26 | $1,363.81 | $3,122.95 |
| Shares outstanding | 175K | 175K | 474K | 461K | 449K | 368K | 136K |
| Current ratio | 2.73 | 2.73 | 4.24 | 5.88 | 9.19 | 10.67 | 6.36 |
| Quick ratio | 1.99 | 1.02 | 2.20 | 3.17 | 4.42 | 6.03 | 5.03 |
| Debt / equity | 0.07 | 0.07 | 0.08 | 0.07 | 0.08 | 0.08 | 0.08 |
| Equity / assets | 88.6% | 88.6% | 85.5% | 88.9% | 90.2% | 91.0% | 88.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed September 30, 2026); data from EODHD.
RCON financial position
At the end of fiscal 2026 (June 30, 2026), Recon Technology had total assets of $639.7 million (up 21.7% from a year earlier), total liabilities of $87.0 million and shareholders' equity of $566.5 million. It held $38.8 million in cash and short-term investments against $37.6 million of debt, a net cash position of $1.2 million. Its current ratio was 2.73.
Related: RCON income statement, RCON key metrics. See the RCON stock overview for the latest quote and news.
RCON balance sheet FAQ
What are Recon Technology's total assets?
Recon Technology reported total assets of $639.7 million at the end of fiscal 2026 (June 30, 2026), compared with $525.6 million a year earlier.
How much debt does Recon Technology have?
Recon Technology had $37.6 million of total debt at the end of fiscal 2026, including short-term borrowings. Its debt-to-equity ratio was 0.07.
How much cash does Recon Technology have?
Recon Technology held $38.8 million in cash and short-term investments at the end of fiscal 2026; with $37.6 million of debt that is net cash of $1.2 million.
What is Recon Technology's book value?
Recon Technology's shareholders' equity (book value) was $566.5 million at the end of fiscal 2026, or $5,346.06 per share.
What is Recon Technology's current ratio?
Recon Technology had current assets of $228.7 million and current liabilities of $83.8 million, a current ratio of 2.73 (it can cover its short-term obligations).