RenX Enterprises Corp. (RENX) Balance Sheet
RENX balance sheet, 2025
December 31, 2025 · U.S. dollars$35.5M assets = $31.1M liabilities + $4.4M equity
Both columns are drawn to the same scale: what RENX owns equals what it owes plus shareholders’ equity. Hover a block for its value.
RENX financial health
Descriptive bands, not a rating. Fiscal 2025.
RENX balance sheet trends, 2021–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $7.8M2021 | $35.5M2025 | +45.8%/yr | |
| Total liabilities | $6.3M2021 | $31.1M2025 | +49.0%/yr | |
| Shareholders’ equity | $1.5M2021 | $4.4M2025 | +29.9%/yr | |
| Cash & short-term investments | $02021 | $54,0662025 | — | |
| Total debt | $2.0M2021 | $22.2M2025 | +83.3%/yr | |
| Net cash (debt) | −$2.0M2021 | −$22.2M2025 | −$20.2M | |
| Working capital | −$6.3M2021 | −$19.0M2025 | −$12.7M | |
| Current ratio | 0.002021 | 0.122025 | +0.12 | |
| Debt / equity | 1.282021 | 5.062025 | +3.78 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
RENX assets
RENX liabilities and equity
RENX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
RENX balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & short-term investments | $54,066 | $296,202 | $3,236 | $720 | $0 |
| Cash & equivalents | $54,066 | $296,202 | $3,236 | $720 | $0 |
| Receivables | $799,068 | $960,672 | $0 | $0 | $0 |
| Inventory | $1.1M | $0 | $0 | $0 | $0 |
| Other current assets | $638,166 | $547,296 | $231,989 | $25,040 | $0 |
| Total current assets | $2.6M | $1.8M | $235,225 | $25,760 | $0 |
| Property, plant & equipment (net) | $14.5M | $1.8M | $1.2M | $1.2M | $3.6M |
| Goodwill & intangible assets | $17.5M | $1.0M | $22,210 | $55,732 | $670,061 |
| Long-term investments | $828,440 | $3.6M | $3.6M | $3.6M | $3.6M |
| Other non-current assets | $91,289 | $4.5M | $4.5M | $4.4M | $0 |
| Total assets | $35.5M | $12.8M | $9.6M | $9.3M | $7.8M |
| Liabilities | |||||
| Accounts payable | $5.5M | $1.3M | $601,292 | — | — |
| Short-term debt | $12.8M | $8.7M | $6.8M | $2.6M | $2.0M |
| Total current liabilities | $21.6M | $10.4M | $7.7M | $7.1M | $6.3M |
| Long-term debt | $8.2M | $1.5M | $0 | $0 | $0 |
| Lease obligations | $1.5M | $0 | — | — | — |
| Other long-term liabilities | $1.2M | $0 | $0 | $0 | $0 |
| Total liabilities | $31.1M | $11.9M | $7.7M | $7.1M | $6.3M |
| Shareholders' equity | |||||
| Common stock & paid-in capital | $947 | $1,487 | $10,200 | $1 | $1 |
| Retained earnings (deficit) | −$32.2M | −$16.0M | −$7.1M | −$2.9M | −$485,747 |
| Minority interest | $0 | $231,562 | $0 | — | — |
| Total shareholders' equity | $4.4M | $621,616 | $1.9M | $2.2M | $1.5M |
| Key figures | |||||
| Total debt | $22.2M | $10.2M | $6.8M | $2.6M | $2.0M |
| Net cash (debt) | −$22.2M | −$9.9M | −$6.8M | −$2.6M | −$2.0M |
| Working capital | −$19.0M | −$8.6M | −$7.4M | −$7.1M | −$6.3M |
| Tangible book value | −$13.1M | −$416,695 | $1.9M | $2.1M | $873,926 |
| Current ratio | 0.12 | 0.17 | 0.03 | 0.00 | 0.00 |
| Quick ratio | 0.04 | 0.12 | 0.00 | 0.00 | 0.00 |
| Debt / equity | 5.06 | 16.41 | 3.61 | 1.22 | 1.28 |
| Equity / assets | 12.4% | 4.9% | 19.7% | 23.4% | 19.7% |
| 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 | $2.2M | $511,741 | $54,066 | $233,037 | $403,086 | $17,540 | $296,202 | $13,707 | $24,238 | $77,537 | $3,236 | $33,365 |
| Cash & equivalents | $2.2M | $511,741 | $54,066 | $233,037 | $403,086 | $17,540 | $296,202 | $13,707 | $24,238 | $77,537 | $3,236 | $33,365 |
| Receivables | $1.3M | $1.4M | $799,068 | $1.8M | $2.1M | $5.5M | $960,672 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $796,641 | $954,039 | $1.1M | $1.1M | $980,082 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $1.5M | $325,038 | $638,166 | $190,763 | $203,684 | $248,811 | $547,296 | $836,266 | $946,365 | $410,398 | $231,989 | $417,900 |
| Total current assets | $5.8M | $3.2M | $2.6M | $3.3M | $3.6M | $5.7M | $1.8M | $849,973 | $970,603 | $487,935 | $235,225 | $451,265 |
| Property, plant & equipment (net) | $15.0M | $14.3M | $14.5M | $6.6M | $6.8M | $1.1M | $1.8M | $1.7M | $1.2M | $1.2M | $1.2M | $1.2M |
| Goodwill & intangible assets | $17.0M | $17.2M | $17.5M | $23.4M | $23.4M | $1.0M | $1.0M | $2.4M | $2.3M | $2.0M | $22,210 | $22,210 |
| Long-term investments | $849,740 | $849,740 | $828,440 | $619,107 | $617,607 | $795,596 | $3.6M | $3.6M | $0 | $0 | $0 | $0 |
| Other non-current assets | $91,289 | $91,289 | $91,289 | $4.5M | $4.6M | $4.5M | $4.5M | $4.5M | $8.1M | $8.1M | $8.1M | $10.0M |
| Total assets | $38.7M | $35.7M | $35.5M | $38.4M | $39.1M | $13.1M | $12.8M | $13.0M | $12.7M | $11.8M | $9.6M | $11.7M |
| Liabilities | ||||||||||||
| Accounts payable | $5.1M | $6.0M | $5.5M | $6.8M | $5.4M | $1.8M | $1.3M | $1.8M | $930,137 | — | $601,292 | — |
| Short-term debt | $16.8M | $21.9M | $12.8M | $22.2M | $22.4M | $8.7M | $8.7M | $8.2M | $8.4M | $6.8M | $6.8M | $6.6M |
| Deferred revenue | — | — | — | — | — | $1.5M | — | — | — | — | — | — |
| Total current liabilities | $24.0M | $30.0M | $21.6M | $32.6M | $30.4M | $12.0M | $10.4M | $10.4M | $9.7M | $8.3M | $7.7M | $7.1M |
| Long-term debt | $6.6M | $3.3M | $8.2M | $2.5M | $3.0M | $815,569 | $1.5M | $919,417 | $0 | $0 | $0 | $0 |
| Lease obligations | $1.4M | $1.4M | $1.5M | $1.5M | $1.6M | — | $0 | — | — | — | — | — |
| Other long-term liabilities | $1.1M | $1.2M | $1.2M | $1.3M | $1.4M | $0 | $0 | $945,000 | $945,000 | $945,000 | $0 | $0 |
| Total liabilities | $31.7M | $34.5M | $31.1M | $36.4M | $34.7M | $12.8M | $11.9M | $12.2M | $10.6M | $9.3M | $7.7M | $7.1M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2,622 | $2,509 | $947 | $5,042 | $3,132 | $2,255 | $1,487 | $937 | $16,521 | $14,351 | $10,200 | $10,000 |
| Retained earnings (deficit) | −$49.8M | −$41.7M | −$32.2M | −$28.3M | −$23.9M | −$18.2M | −$16.0M | −$14.5M | −$12.2M | −$10.2M | −$7.1M | −$5.5M |
| Minority interest | — | — | $0 | $164,895 | $164,895 | — | — | — | — | — | — | — |
| Total shareholders' equity | $7.0M | $1.2M | $4.4M | $1.8M | $4.2M | $136,233 | $621,616 | $627,914 | $2.0M | $2.5M | $1.9M | $4.5M |
| Key figures | ||||||||||||
| Total debt | $24.5M | $26.4M | $22.2M | $26.0M | $26.7M | $9.5M | $10.2M | $9.1M | $8.4M | $6.8M | $6.8M | $6.6M |
| Net cash (debt) | −$22.3M | −$25.9M | −$22.2M | −$25.7M | −$26.3M | −$9.5M | −$9.9M | −$9.1M | −$8.4M | −$6.7M | −$6.8M | −$6.5M |
| Working capital | −$18.2M | −$26.8M | −$19.0M | −$29.2M | −$26.7M | −$6.3M | −$8.6M | −$9.5M | −$8.7M | −$7.8M | −$7.4M | −$6.7M |
| Tangible book value | −$10.0M | −$16.0M | −$13.1M | −$21.6M | −$19.2M | −$885,964 | −$416,696 | −$1.7M | −$331,393 | $585,716 | $1.9M | $4.5M |
| Book value per share | $2.71 | — | — | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 2.6M | — | — | — | — | — | — | — | — | — | — | — |
| Current ratio | 0.24 | 0.11 | 0.12 | 0.10 | 0.12 | 0.48 | 0.17 | 0.08 | 0.10 | 0.06 | 0.03 | 0.06 |
| Quick ratio | 0.15 | 0.06 | 0.04 | 0.06 | 0.08 | 0.46 | 0.12 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Debt / equity | 3.48 | 21.40 | 5.06 | 14.28 | 6.34 | 69.77 | 16.41 | 14.52 | 4.18 | 2.65 | 3.61 | 1.46 |
| Equity / assets | 18.2% | 3.5% | 12.4% | 4.7% | 10.8% | 1.0% | 4.9% | 4.8% | 15.9% | 21.6% | 19.7% | 38.7% |
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.
RENX financial position
At the end of fiscal 2025 (December 31, 2025), RenX Enterprises had total assets of $35.5 million (up 178.2% from a year earlier), total liabilities of $31.1 million and shareholders' equity of $4.4 million. It held $0.1 million in cash and short-term investments against $22.2 million of debt, net debt of $22.2 million. Its current ratio was 0.12. In the latest quarter (ended June 30, 2026) total assets were $38.7 million and equity $7.0 million.
Related: RENX income statement, RENX cash flow statement, RENX key metrics. See the RENX stock overview for the latest quote and news.
RENX balance sheet FAQ
What are RenX Enterprises's total assets?
RenX Enterprises reported total assets of $35.5 million at the end of fiscal 2025 (December 31, 2025), compared with $12.8 million a year earlier.
How much debt does RenX Enterprises have?
RenX Enterprises had $22.2 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 5.06.
How much cash does RenX Enterprises have?
RenX Enterprises held $0.1 million in cash and short-term investments at the end of fiscal 2025; with $22.2 million of debt that is net debt of $22.2 million.
What is RenX Enterprises's book value?
RenX Enterprises's shareholders' equity (book value) was $4.4 million at the end of fiscal 2025.
What is RenX Enterprises's current ratio?
RenX Enterprises had current assets of $2.6 million and current liabilities of $21.6 million, a current ratio of 0.12 (current liabilities exceed current assets).
How much goodwill does RenX Enterprises have?
RenX Enterprises carried $17.5 million of goodwill and intangible assets, 49.3% of total assets, at the end of fiscal 2025.