Research Solutions, Inc. (RSSS) Balance Sheet
RSSS balance sheet, FY2026
June 30, 2026 · U.S. dollars$45.7M assets = $25.0M liabilities + $20.7M equity
Both columns are drawn to the same scale: what RSSS owns equals what it owes plus shareholders’ equity. Hover a block for its value.
RSSS financial health
Current ratio0.83
Tight · current assets cover current liabilities 0.83×
Equity / assets45.3%
Equity-funded · of assets funded by shareholders
Goodwill & intangibles54.6%
Mostly intangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
RSSS balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $12.6MFY2017 | $45.7MFY2026 | +15.4%/yr | |
| Total liabilities | $8.2MFY2017 | $25.0MFY2026 | +13.1%/yr | |
| Shareholders’ equity | $4.3MFY2017 | $20.7MFY2026 | +18.9%/yr | |
| Cash & short-term investments | $5.8MFY2017 | $12.6MFY2026 | +9.1%/yr | |
| Total debt | $439,187FY2017 | −$8.8MFY2024 | — | |
| Net cash (debt) | $5.3MFY2017 | $14.9MFY2024 | +$9.6M | |
| Working capital | $4.1MFY2017 | −$4.2MFY2026 | −$8.4M | |
| Book value per share | $0.19FY2017 | $0.65FY2026 | +14.9%/yr | |
| Current ratio | 1.52FY2017 | 0.83FY2026 | −0.69 | |
| Debt / equity | 0.10FY2017 | −0.76FY2024 | −0.86 | |
| Shares outstanding | 23.2MFY2017 | 31.8MFY2026 | +3.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
RSSS assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
RSSS liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
RSSS debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
RSSS balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $12.6M | $12.2M | $6.1M | $13.5M | $10.6M | $11.0M | $9.3M | $5.4M | $4.9M | $5.8M |
| Cash & equivalents | $12.6M | $12.2M | $6.1M | $13.5M | $10.6M | $11.0M | $9.3M | $5.4M | $4.9M | $5.8M |
| Receivables | $7.0M | $7.2M | $6.9M | $6.2M | $5.3M | $4.7M | $4.4M | $4.5M | $4.3M | $5.5M |
| Inventory | $0 | $0 | $1.1M | $1.2M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $1.1M | $581,182 | $643,553 | $400,340 | $1.1M | $1.2M | $962,114 | $323,591 | $420,223 | $763,102 |
| Total current assets | $20.7M | $20.0M | $14.7M | $21.3M | $17.0M | $16.9M | $14.7M | $10.2M | $9.6M | $12.0M |
| Property, plant & equipment (net) | $58,671 | $60,769 | $88,011 | $70,193 | $47,985 | $20,755 | $83,607 | $229,073 | $366,367 | $503,654 |
| Goodwill & intangible assets | $24.9M | $26.1M | $27.1M | $462,068 | $0 | $0 | $0 | $0 | $0 | $41,870 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1,030 | $957 | $981 | $1,052 | $893 | $906 | $6,155 | $14,406 | $14,372 | $14,466 |
| Total assets | $45.7M | $46.1M | $41.9M | $21.8M | $17.0M | $16.9M | $14.8M | $10.4M | $10.0M | $12.6M |
| Liabilities | ||||||||||
| Accounts payable | $6.1M | $7.4M | $8.8M | $8.1M | $6.6M | $6.7M | $6.3M | $4.9M | −$119,786 | −$110,888 |
| Short-term debt | — | — | −$8.8M | $8.1M | $6.6M | $6.7M | $79,326 | $129,187 | $119,786 | $110,888 |
| Deferred revenue | $11.5M | $10.7M | $9.0M | $6.4M | $5.5M | $4.8M | $3.5M | $2.3M | $1.7M | $1.3M |
| Total current liabilities | $24.9M | $25.5M | $17.9M | $14.5M | $12.1M | $11.5M | $10.0M | $7.3M | $6.5M | $7.9M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $208,513 | $328,299 |
| Lease obligations | — | — | — | — | — | $0 | $79,326 | $208,513 | $328,299 | $439,187 |
| Other long-term liabilities | $17,245 | $6.7M | $12.3M | $0 | $5.5M | $4.8M | $3.6M | $79,326 | $0 | $0 |
| Total liabilities | $25.0M | $32.2M | $30.2M | $14.5M | $12.1M | $11.5M | $10.0M | $7.4M | $6.7M | $8.2M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $33,513 | $32,480 | $32,295 | $29,487 | $27,076 | $26,498 | $26,032 | $24,376 | $24,017 | $23,883 |
| Retained earnings (deficit) | −$22.2M | −$25.0M | −$26.3M | −$22.5M | −$23.1M | −$21.5M | −$21.2M | −$20.5M | −$19.6M | −$17.9M |
| Accumulated other comprehensive income | −$103,398 | −$120,187 | −$118,819 | −$118,224 | −$121,941 | −$119,577 | −$125,037 | −$109,585 | −$94,707 | −$70,729 |
| Total shareholders' equity | $20.7M | $13.9M | $11.7M | $7.3M | $4.9M | $5.4M | $4.9M | $3.0M | $3.3M | $4.3M |
| Key figures | ||||||||||
| Total debt | — | — | −$8.8M | $8.1M | $6.6M | $6.7M | $79,326 | $208,513 | $328,299 | $439,187 |
| Net cash (debt) | — | — | $14.9M | $5.5M | $4.0M | $4.3M | $9.2M | $5.1M | $4.6M | $5.3M |
| Working capital | −$4.2M | −$5.5M | −$3.2M | $6.8M | $4.8M | $5.4M | $4.8M | $2.9M | $3.1M | $4.1M |
| Tangible book value | −$4.2M | −$12.1M | −$15.4M | $6.9M | $4.9M | $5.4M | $4.9M | $3.0M | $3.3M | $4.3M |
| Book value per share | $0.65 | $0.45 | $0.41 | $0.25 | $0.18 | $0.21 | $0.20 | $0.13 | $0.14 | $0.19 |
| Shares outstanding | 31.8M | 30.7M | 28.9M | 29.1M | 26.4M | 26.0M | 24.8M | 23.8M | 23.5M | 23.2M |
| Current ratio | 0.83 | 0.78 | 0.82 | 1.47 | 1.40 | 1.47 | 1.48 | 1.39 | 1.48 | 1.52 |
| Quick ratio | 0.79 | 0.76 | 0.73 | 1.36 | 1.31 | 1.37 | 1.38 | 1.35 | 1.42 | 1.42 |
| Debt / equity | — | — | −0.76 | 1.10 | 1.35 | 1.23 | 0.02 | 0.07 | 0.10 | 0.10 |
| Equity / assets | 45.3% | 30.2% | 27.9% | 33.6% | 28.7% | 32.1% | 32.8% | 29.1% | 32.9% | 34.6% |
| 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 | $12.6M | $12.1M | $12.3M | $12.0M | $12.2M | $9.9M | $7.7M | $6.9M | $6.1M | $4.2M | $2.7M | $9.9M |
| Cash & equivalents | $12.6M | $12.1M | $12.3M | $12.0M | $12.2M | $9.9M | $7.7M | $6.9M | $6.1M | $4.2M | $2.7M | $9.9M |
| Short-term investments | — | — | — | — | — | — | — | $6.92B | — | — | — | — |
| Receivables | $7.0M | $7.6M | $5.7M | $6.9M | $7.2M | $7.6M | $7.1M | $6.3M | $6.9M | $7.3M | $7.3M | $6.5M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.1M | $0 | $1.1M | $1.2M |
| Other current assets | $1.1M | $1.0M | $750,230 | $800,699 | $581,182 | $1.4M | $1.3M | $1.2M | $643,553 | $1.6M | $547,786 | $314,052 |
| Total current assets | $20.7M | $20.7M | $18.7M | $19.7M | $20.0M | $18.8M | $16.1M | $14.4M | $14.7M | $13.2M | $11.6M | $17.8M |
| Property, plant & equipment (net) | $58,671 | $57,859 | $65,236 | $68,695 | $60,769 | $60,051 | $63,355 | $71,659 | $88,011 | $94,078 | $103,195 | $91,326 |
| Goodwill & intangible assets | $24.9M | $25.2M | $25.5M | $25.8M | $26.1M | $26.3M | $26.6M | $26.8M | $27.1M | $27.5M | $27.7M | $5.8M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1,030 | $998 | $1,000 | $982 | $957 | $881 | $867 | $915 | $981 | $1,086 | $1,060 | $1,033 |
| Total assets | $45.7M | $45.9M | $44.2M | $45.5M | $46.1M | $45.2M | $42.8M | $41.4M | $41.9M | $40.8M | $39.5M | $23.7M |
| Liabilities | ||||||||||||
| Accounts payable | $6.1M | $6.7M | $6.4M | $7.6M | $7.4M | $8.5M | $8.1M | $8.3M | $8.8M | $9.0M | $8.9M | $8.5M |
| Short-term debt | — | — | — | — | — | — | — | — | −$8.8M | $9.0M | $8.9M | $8.5M |
| Deferred revenue | $11.5M | $11.1M | $9.9M | $10.0M | $10.7M | $10.4M | $8.9M | $8.0M | $9.0M | $8.9M | $7.8M | $6.4M |
| Total current liabilities | $24.9M | $25.1M | $23.6M | $24.9M | $25.5M | $24.9M | $20.9M | $16.3M | $17.9M | $17.9M | $16.7M | $14.9M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $17,245 | $1.8M | $3.4M | $5.0M | $6.7M | $9.1M | $10.7M | $12.3M | $12.3M | $8.8M | $8.8M | $1.9M |
| Total liabilities | $25.0M | $26.9M | $27.0M | $29.9M | $32.2M | $34.0M | $31.7M | $28.6M | $30.2M | $26.7M | $25.5M | $16.8M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $33,513 | $33,154 | $32,875 | $32,824 | $32,480 | $32,405 | $32,640 | $32,513 | $32,295 | $32,280 | $32,620 | $29,624 |
| Retained earnings (deficit) | −$22.2M | −$22.9M | −$23.7M | −$24.3M | −$25.0M | −$27.4M | −$27.6M | −$25.6M | −$26.3M | −$23.5M | −$23.6M | −$23.5M |
| Accumulated other comprehensive income | −$103,398 | −$109,803 | −$113,361 | −$119,220 | −$120,187 | −$125,674 | −$122,350 | −$124,987 | −$118,819 | −$111,963 | −$112,821 | −$119,170 |
| Total shareholders' equity | $20.7M | $19.1M | $17.2M | $15.6M | $13.9M | $11.2M | $11.1M | $12.8M | $11.7M | $14.1M | $14.0M | $6.9M |
| Key figures | ||||||||||||
| Total debt | — | — | — | — | — | — | — | — | −$8.8M | $9.0M | $8.9M | $8.5M |
| Net cash (debt) | — | — | — | — | — | — | — | — | $14.9M | −$4.8M | −$6.2M | $1.3M |
| Working capital | −$4.2M | −$4.4M | −$4.9M | −$5.2M | −$5.5M | −$6.1M | −$4.8M | −$1.9M | −$3.2M | −$4.7M | −$5.1M | $2.9M |
| Tangible book value | −$4.2M | −$6.1M | −$8.3M | −$10.2M | −$12.1M | −$15.1M | −$15.4M | −$14.1M | −$15.4M | −$13.4M | −$13.8M | $1.1M |
| Book value per share | $0.65 | $0.60 | $0.55 | $0.50 | $0.43 | $0.36 | $0.37 | $0.38 | $0.36 | $0.42 | $0.50 | $0.25 |
| Shares outstanding | 31.7M | 31.6M | 31.4M | 31.2M | 32.5M | 31.0M | 30.4M | 33.2M | 32.3M | 33.5M | 28.1M | 27.1M |
| Current ratio | 0.83 | 0.82 | 0.79 | 0.79 | 0.78 | 0.76 | 0.77 | 0.89 | 0.82 | 0.74 | 0.70 | 1.19 |
| Quick ratio | 0.79 | 0.78 | 0.76 | 0.76 | 0.76 | 0.70 | 0.71 | 0.81 | 0.73 | 0.65 | 0.60 | 1.09 |
| Debt / equity | — | — | — | — | — | — | — | — | −0.76 | 0.64 | 0.63 | 1.24 |
| Equity / assets | 45.3% | 41.5% | 38.9% | 34.3% | 30.2% | 24.8% | 26.0% | 30.8% | 27.9% | 34.6% | 35.4% | 29.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed September 11, 2026); data from EODHD.
RSSS financial position
At the end of fiscal 2026 (June 30, 2026), Research Solutions had total assets of $45.7 million (down 1.0% from a year earlier), total liabilities of $25.0 million and shareholders' equity of $20.7 million. Its current ratio was 0.83.
Related: RSSS income statement, RSSS cash flow statement, RSSS key metrics. See the RSSS stock overview for the latest quote and news.
RSSS balance sheet FAQ
What are Research Solutions's total assets?
Research Solutions reported total assets of $45.7 million at the end of fiscal 2026 (June 30, 2026), compared with $46.1 million a year earlier.
How much cash does Research Solutions have?
Research Solutions held $12.6 million in cash and short-term investments at the end of fiscal 2026.
What is Research Solutions's book value?
Research Solutions's shareholders' equity (book value) was $20.7 million at the end of fiscal 2026, or $0.65 per share.
What is Research Solutions's current ratio?
Research Solutions had current assets of $20.7 million and current liabilities of $24.9 million, a current ratio of 0.83 (current liabilities exceed current assets).
How much goodwill does Research Solutions have?
Research Solutions carried $24.9 million of goodwill and intangible assets, 54.6% of total assets, at the end of fiscal 2026.