ReTo Eco-Solutions, Inc. (RETO) Balance Sheet
RETO balance sheet, 2025
December 31, 2025 · U.S. dollars$31.8M assets = $7.1M liabilities + $24.7M equity
Both columns are drawn to the same scale: what RETO owns equals what it owes plus shareholders’ equity. Hover a block for its value.
RETO financial health
Descriptive bands, not a rating. Fiscal 2025.
RETO balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $62.7M2016 | $31.8M2025 | −7.2%/yr | |
| Total liabilities | $34.4M2016 | $7.1M2025 | −16.1%/yr | |
| Shareholders’ equity | $23.3M2016 | $21.2M2025 | −1.1%/yr | |
| Cash & short-term investments | $1.8M2016 | $250,0082025 | −19.8%/yr | |
| Total debt | $18.3M2016 | $2.4M2025 | −20.1%/yr | |
| Net cash (debt) | −$16.5M2016 | −$2.2M2025 | +$14.3M | |
| Working capital | −$7.0M2016 | −$5.1M2025 | +$1.9M | |
| Book value per share | $16.582019 | $8.862025 | −9.9%/yr | |
| Current ratio | 0.752016 | 0.212025 | −0.55 | |
| Debt / equity | 0.792016 | 0.122025 | −0.67 | |
| Shares outstanding | 2.3M2019 | 2.4M2025 | +0.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
RETO assets
RETO liabilities and equity
RETO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
RETO balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $250,008 | $671,355 | $152,487 | $113,895 | $457,495 | $1.1M | $897,281 | $1.5M | $10.9M | $1.8M |
| Cash & equivalents | $250,008 | $671,355 | $152,487 | $113,895 | $457,495 | $1.1M | $897,281 | $1.5M | $10.9M | $1.8M |
| Short-term investments | — | — | — | — | — | — | — | — | — | $230,000 |
| Receivables | $352,540 | $169,901 | $358,659 | $2.8M | $8.0M | $3.9M | $11.9M | $15.1M | $19.2M | $15.2M |
| Inventory | $77,912 | $0 | $136,191 | $337,798 | $4.6M | $5.4M | $888,203 | $4.0M | $3.5M | $3.2M |
| Other current assets | $639,118 | $527,392 | $9.8M | $4.2M | $0 | $2.9M | $11.8M | $8.8M | $80,554 | $921,498 |
| Total current assets | $1.3M | $1.4M | $10.5M | $7.5M | $13.0M | $13.3M | $25.5M | $29.5M | $33.6M | $21.1M |
| Property, plant & equipment (net) | $14.7M | $6.7M | $74,903 | $9.1M | $10.0M | $11.7M | $38.0M | $43.7M | $39.8M | $34.2M |
| Goodwill & intangible assets | $7.3M | $7.7M | $132 | $4.9M | $5.2M | $1.5M | $6.1M | $6.4M | $7.4M | $7.1M |
| Long-term investments | $0 | $0 | $2.3M | $2.5M | $2.8M | $2.8M | $28,720 | $0 | $0 | $0 |
| Other non-current assets | $8.6M | $18.5M | $12.4M | $0 | $0 | $28.6M | $1.2M | $2.4M | $296,535 | $263,844 |
| Total assets | $31.8M | $34.3M | $25.2M | $24.1M | $31.0M | $58.0M | $70.8M | $82.0M | $81.1M | $62.7M |
| Liabilities | ||||||||||
| Accounts payable | $137,050 | $37,866 | $38,291 | $2.6M | $2.1M | $655,387 | $2.6M | $1.4M | $2.5M | $4.4M |
| Short-term debt | $2.2M | $109,600 | $6.8M | $6.6M | $5.7M | $8.0M | $9.9M | $9.3M | $12.4M | $12.0M |
| Deferred revenue | $350,563 | $1.2M | $1,286 | $2.6M | $2.1M | $3.3M | $3.6M | $4.0M | $7.6M | $8.4M |
| Total current liabilities | $6.4M | $3.9M | $17.3M | $17.7M | $16.8M | $23.0M | $25.2M | $20.7M | $26.6M | $28.1M |
| Long-term debt | $189,758 | $0 | $3.0M | $1.2M | $0 | $6.3M | $7.3M | $8.1M | $3.0M | $6.2M |
| Lease obligations | $207,771 | $0 | $193,330 | $435,686 | $276,415 | $367,491 | $478,915 | — | — | — |
| Other long-term liabilities | $481,847 | $383,598 | $103,830 | $158,650 | $120,557 | $241,606 | $301,012 | $0 | $0 | $0 |
| Total liabilities | $7.1M | $4.3M | $20.4M | $19.0M | $16.9M | $29.5M | $32.8M | $28.8M | $29.5M | $34.4M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $10,000 | $10,000 | $120,519 | $43,400 | $28,966 | $24,135 | $23,160 | $22,760 | $22,760 | $18,640 |
| Retained earnings (deficit) | −$84.2M | −$71.8M | −$63.5M | −$47.8M | −$33.3M | −$17.2M | −$5.7M | $9.1M | $5.2M | $224,512 |
| Accumulated other comprehensive income | $853,555 | $987,752 | −$1.2M | −$1.3M | $95,000 | $787,299 | −$894,641 | −$472,388 | $1.8M | −$694,572 |
| Minority interest | $3.6M | $0 | $496,347 | $835,578 | — | — | — | — | — | — |
| Total shareholders' equity | $21.2M | $29.9M | $4.4M | $4.2M | $13.6M | $27.3M | $38.0M | $50.9M | $49.3M | $23.3M |
| Key figures | ||||||||||
| Total debt | $2.4M | $109,600 | $7.0M | $7.9M | $5.9M | $8.2M | $17.5M | $17.4M | $15.3M | $18.3M |
| Net cash (debt) | −$2.2M | $561,755 | −$6.8M | −$7.8M | −$5.4M | −$7.2M | −$16.7M | −$15.9M | −$4.5M | −$16.5M |
| Working capital | −$5.1M | −$2.6M | −$6.8M | −$10.1M | −$3.7M | −$9.7M | $248,478 | $8.8M | $7.0M | −$7.0M |
| Tangible book value | $13.9M | $22.3M | $4.4M | −$630,703 | $8.4M | $25.7M | $31.8M | $44.5M | $41.9M | $16.2M |
| Book value per share | $8.86 | $36.49 | — | — | — | — | $16.58 | — | — | — |
| Shares outstanding | 2.4M | 820K | — | — | — | — | 2.3M | — | — | — |
| Current ratio | 0.21 | 0.35 | 0.60 | 0.43 | 0.78 | 0.58 | 1.01 | 1.43 | 1.27 | 0.75 |
| Quick ratio | 0.09 | 0.21 | 0.03 | 0.17 | 0.50 | 0.21 | 0.51 | 0.80 | 1.13 | 0.61 |
| Debt / equity | 0.12 | 0.00 | 1.60 | 1.87 | 0.43 | 0.30 | 0.46 | 0.34 | 0.31 | 0.79 |
| Equity / assets | 66.4% | 87.4% | 17.3% | 17.6% | 43.8% | 47.0% | 53.6% | 62.1% | 60.8% | 37.2% |
| Mar '26 | Dec '25 | Sep '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Jun '23 | Mar '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & short-term investments | $250,008 | $250,008 | $2.5M | $671,355 | $671,355 | $1.6M | $1.6M | $1.4M | $152,487 | $233,839 | $113,895 |
| Cash & equivalents | $250,008 | $250,008 | $2.5M | $671,355 | $671,355 | $1.6M | $1.6M | $1.4M | $152,487 | $233,839 | $113,895 |
| Receivables | $352,540 | $352,540 | $308,435 | $169,901 | $145,853 | $1.3M | $636,733 | $1.8M | $0 | $1.7M | $2.8M |
| Inventory | $77,912 | $77,912 | $983,899 | $0 | $0 | $12.7M | $281,653 | $7.2M | $136,191 | $3.1M | $4.6M |
| Other current assets | $639,118 | $639,118 | $60,114 | $527,392 | $551,440 | $4.1M | $17.1M | $0 | $10.2M | $114,285 | $0 |
| Total current assets | $1.3M | $1.3M | $3.8M | $1.4M | $1.4M | $19.6M | $19.6M | $10.5M | $10.5M | $5.2M | $7.5M |
| Property, plant & equipment (net) | $14.7M | $14.7M | $583,627 | $6.7M | $6.7M | $7.7M | $7.7M | $8.0M | $74,903 | $8.3M | $9.1M |
| Goodwill & intangible assets | $7.3M | $7.3M | $15.7M | $7.7M | $7.7M | $4.2M | $0 | $4.4M | $132 | $4.5M | $4.9M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $2.2M | $0 | $2.3M | $2.3M | $0 |
| Other non-current assets | $8.6M | $8.6M | $21.3M | $18.5M | $18.5M | $2.2M | $4.2M | $2.3M | $12.4M | $5.9M | $2.5M |
| Total assets | $31.8M | $31.8M | $41.4M | $34.3M | $34.3M | $33.7M | $33.7M | $25.2M | $25.2M | $26.2M | $24.1M |
| Liabilities | |||||||||||
| Accounts payable | $137,050 | $137,050 | $71,555 | $37,866 | $37,866 | $3.0M | $3.0M | $3.0M | $35,211 | $2.9M | $2.6M |
| Short-term debt | $2.2M | $2.2M | $1.3M | $109,600 | — | $8.5M | — | $6.8M | — | $9.8M | $6.6M |
| Deferred revenue | $350,563 | $350,563 | $1.8M | $1.2M | — | $2.4M | — | $1.7M | — | $2.2M | $2.6M |
| Total current liabilities | $6.4M | $6.4M | $6.5M | $3.9M | $3.9M | $19.3M | $19.3M | $17.3M | $17.3M | $20.0M | $17.7M |
| Long-term debt | $0 | $189,758 | $0 | $0 | $0 | $0 | $475,546 | $0 | $112,678 | $1.0M | $0 |
| Lease obligations | — | $207,771 | — | — | $0 | — | $258,847 | — | $193,330 | $233,827 | — |
| Other long-term liabilities | $671,605 | $481,847 | $692,518 | $383,598 | $383,598 | $607,554 | $132,009 | $3.1M | $3.0M | $83,407 | $1.3M |
| Total liabilities | $7.1M | $7.1M | $7.2M | $4.3M | $4.3M | $19.9M | $19.9M | $20.4M | $20.4M | $21.2M | $19.0M |
| Shareholders' equity | |||||||||||
| Common stock & paid-in capital | $10,000 | $10,000 | $10,000 | $10,000 | — | $382,887 | — | $120,518 | — | $77,259 | $43,400 |
| Retained earnings (deficit) | −$84.2M | −$84.2M | −$73.2M | −$71.8M | −$71.8M | −$64.2M | −$64.2M | −$63.5M | −$63.5M | −$59.0M | −$47.8M |
| Accumulated other comprehensive income | $853,555 | $853,555 | $588,797 | $987,752 | — | −$1.6M | — | −$1.2M | — | −$1.2M | −$1.3M |
| Minority interest | — | $3.6M | — | — | $0 | — | — | — | — | — | — |
| Total shareholders' equity | $21.2M | $21.2M | $30.4M | $29.9M | $29.9M | $13.3M | $13.3M | $4.4M | $4.4M | $4.6M | $4.2M |
| Key figures | |||||||||||
| Total debt | $2.4M | $2.4M | $1.6M | $109,600 | — | $8.6M | $475,546 | $6.9M | $112,678 | $9.9M | $6.8M |
| Net cash (debt) | −$2.2M | −$2.2M | $869,291 | $561,755 | — | −$7.1M | $1.1M | −$5.4M | $39,809 | −$9.6M | −$6.7M |
| Working capital | −$5.1M | −$5.1M | −$2.7M | −$2.6M | −$2.6M | $317,805 | $317,805 | −$6.8M | −$6.8M | −$14.8M | −$10.1M |
| Tangible book value | $13.9M | $13.9M | $14.7M | $22.3M | $22.3M | $9.2M | $13.3M | −$95,162 | $4.4M | $11,728 | −$630,703 |
| Book value per share | $2.24 | $11.21 | $15.49 | $36.49 | — | — | — | — | — | — | — |
| Shares outstanding | 9.4M | 1.9M | 2.0M | 820K | — | — | — | — | — | — | — |
| Current ratio | 0.21 | 0.21 | 0.59 | 0.35 | 0.35 | 1.02 | 1.02 | 0.60 | 0.60 | 0.26 | 0.43 |
| Quick ratio | 0.09 | 0.09 | 0.43 | 0.21 | 0.21 | 0.15 | 0.11 | 0.19 | 0.01 | 0.10 | 0.17 |
| Debt / equity | 0.12 | 0.12 | 0.05 | 0.00 | — | 0.65 | 0.04 | 1.57 | 0.03 | 2.16 | 1.60 |
| Equity / assets | 66.4% | 66.4% | 73.3% | 87.4% | 87.4% | 39.6% | 39.6% | 17.3% | 17.3% | 17.4% | 17.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed May 1, 2026); data from EODHD.
RETO financial position
At the end of fiscal 2025 (December 31, 2025), ReTo Eco-Solutions had total assets of $31.8 million (down 7.1% from a year earlier), total liabilities of $7.1 million and shareholders' equity of $21.2 million. It held $0.3 million in cash and short-term investments against $2.4 million of debt, net debt of $2.2 million. Its current ratio was 0.21. In the latest quarter (ended March 31, 2026) total assets were $31.8 million and equity $21.2 million.
Related: RETO income statement, RETO cash flow statement, RETO key metrics. See the RETO stock overview for the latest quote and news.
RETO balance sheet FAQ
What are ReTo Eco-Solutions's total assets?
ReTo Eco-Solutions reported total assets of $31.8 million at the end of fiscal 2025 (December 31, 2025), compared with $34.3 million a year earlier.
How much debt does ReTo Eco-Solutions have?
ReTo Eco-Solutions had $2.4 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.12.
How much cash does ReTo Eco-Solutions have?
ReTo Eco-Solutions held $0.3 million in cash and short-term investments at the end of fiscal 2025; with $2.4 million of debt that is net debt of $2.2 million.
What is ReTo Eco-Solutions's book value?
ReTo Eco-Solutions's shareholders' equity (book value) was $21.2 million at the end of fiscal 2025, or $8.86 per share.
What is ReTo Eco-Solutions's current ratio?
ReTo Eco-Solutions had current assets of $1.3 million and current liabilities of $6.4 million, a current ratio of 0.21 (current liabilities exceed current assets).
How much goodwill does ReTo Eco-Solutions have?
ReTo Eco-Solutions carried $7.3 million of goodwill and intangible assets, 22.9% of total assets, at the end of fiscal 2025.