Skillsoft Corp. (SKIL) Balance Sheet
SKIL balance sheet, FY2026
January 31, 2026 · U.S. dollars$992.9M assets = $1.02B liabilities + −$30.2M equity
Liabilities exceed assets: shareholders’ equity is negative (−$30.2M).
Both columns are drawn to the same scale: what SKIL owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SKIL financial health
Descriptive bands, not a rating. Fiscal FY2026.
SKIL balance sheet trends, FY2020–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $697.8MFY2020 | $992.9MFY2026 | +6.1%/yr | |
| Total liabilities | $78.0MFY2020 | $1.02BFY2026 | +53.6%/yr | |
| Shareholders’ equity | $619.8MFY2020 | −$30.2MFY2026 | — | |
| Cash & short-term investments | $2.2MFY2020 | $100.8MFY2026 | +88.6%/yr | |
| Total debt | $3.1MFY2021 | $586.3MFY2026 | +185.2%/yr | |
| Net cash (debt) | $769,506FY2021 | −$485.4MFY2026 | −$486.2M | |
| Working capital | $2.3MFY2020 | −$62.4MFY2026 | −$64.7M | |
| Book value per share | $29.94FY2020 | −$3.52FY2026 | — | |
| Current ratio | 9.87FY2020 | 0.83FY2026 | −9.04 | |
| Debt / equity | 0.01FY2021 | 6.28FY2025 | +6.27 | |
| Shares outstanding | 20.7MFY2020 | 8.6MFY2026 | −13.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SKIL assets
SKIL liabilities and equity
SKIL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SKIL balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & short-term investments | $100.8M | $100.8M | $136.3M | $170.4M | $152.2M | $3.9M | $2.2M |
| Cash & equivalents | $100.8M | $100.8M | $136.3M | $170.4M | $152.2M | $3.9M | $2.2M |
| Short-term investments | — | — | — | — | — | $697.0M | $695.3M |
| Receivables | $176.0M | $179.8M | $187.9M | $189.2M | $178.3M | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $33.8M | $52.3M | $61.1M | $46.2M | $89.9M | $94,299 | $302,665 |
| Total current assets | $310.6M | $332.9M | $385.3M | $405.7M | $420.3M | $4.0M | $2.5M |
| Property, plant & equipment (net) | $8.4M | $4.9M | $14.7M | $24.8M | $29.5M | $0 | $0 |
| Goodwill & intangible assets | $604.3M | $744.3M | $856.4M | $1.20B | $1.59B | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $695.3M |
| Other non-current assets | $69.6M | $24.0M | $17.3M | $16.4M | $199.5M | $697.0M | $0 |
| Total assets | $992.9M | $1.11B | $1.27B | $1.64B | $2.24B | $700.9M | $697.8M |
| Liabilities | |||||||
| Accounts payable | $21.3M | $13.5M | $14.5M | $18.3M | $24.2M | $635,483 | $257,466 |
| Short-term debt | $10.7M | $9.2M | $54.4M | $50.3M | $85.8M | $3.1M | — |
| Deferred revenue | $274.9M | $282.3M | $282.6M | $280.7M | $259.7M | — | — |
| Total current liabilities | $373.0M | $377.0M | $413.2M | $425.1M | $545.7M | $3.8M | $257,466 |
| Long-term debt | $570.8M | $573.3M | $577.5M | $581.8M | $0 | $0 | $0 |
| Lease obligations | $8.1M | $8.2M | $12.3M | $16.1M | — | — | — |
| Other long-term liabilities | $79.3M | $62.0M | $77.3M | $104.0M | $633.4M | $149.7M | $77.7M |
| Total liabilities | $1.02B | $1.01B | $1.07B | $1.11B | $1.18B | $153.5M | $78.0M |
| Shareholders' equity | |||||||
| Common stock & paid-in capital | $1,000 | $1,000 | $1,000 | $1,000 | $11,000 | $542.4M | $614.8M |
| Retained earnings (deficit) | −$1.58B | −$1.44B | −$1.32B | −$972.2M | −$247.2M | −$87.1M | −$14.7M |
| Accumulated other comprehensive income | −$12.9M | −$16.9M | −$13.1M | −$14.8M | $970,000 | $0 | — |
| Total shareholders' equity | −$30.2M | $93.8M | $205.6M | $531.8M | $1.06B | $547.4M | $619.8M |
| Key figures | |||||||
| Total debt | $586.3M | $588.9M | $641.2M | $644.1M | $559.8M | $3.1M | — |
| Net cash (debt) | −$485.4M | −$488.1M | −$504.9M | −$473.7M | −$407.6M | $769,506 | — |
| Working capital | −$62.4M | −$44.1M | −$27.9M | −$19.4M | −$125.4M | $133,020 | $2.3M |
| Tangible book value | −$634.6M | −$650.4M | −$650.8M | −$664.1M | −$529.8M | $547.4M | $619.8M |
| Book value per share | −$3.52 | $11.44 | $25.53 | $66.94 | $159.22 | $126.91 | $29.94 |
| Shares outstanding | 8.6M | 8.2M | 8.1M | 7.9M | 6.7M | 4.3M | 20.7M |
| Current ratio | 0.83 | 0.88 | 0.93 | 0.95 | 0.77 | 1.03 | 9.87 |
| Quick ratio | 0.74 | 0.74 | 0.78 | 0.85 | 0.61 | 1.01 | 8.69 |
| Debt / equity | — | 6.28 | 3.12 | 1.21 | 0.53 | 0.01 | — |
| Equity / assets | −3.0% | 8.5% | 16.1% | 32.4% | 47.3% | 78.1% | 88.8% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $90.3M | $115.6M | $100.8M | $74.6M | $100.5M | $127.8M | $100.8M | $97.9M | $122.7M | $142.0M | $146.5M | $136.8M |
| Cash & equivalents | $90.3M | $115.6M | $100.8M | $74.6M | $100.5M | $127.8M | $100.8M | $97.9M | $122.7M | $142.0M | $146.5M | $136.8M |
| Receivables | $67.4M | $77.3M | $176.0M | $103.9M | $96.8M | $96.0M | $179.8M | $102.5M | $110.0M | $110.6M | $187.9M | $110.8M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $0 | $1 |
| Other current assets | $56.2M | $94.1M | $56.2M | $52.2M | $55.5M | $54.0M | $52.3M | $59.7M | $68.4M | $65.9M | $27.7M | $52.5M |
| Total current assets | $213.9M | $287.0M | $333.0M | $230.7M | $252.8M | $277.8M | $332.9M | $260.1M | $301.1M | $318.5M | $362.1M | $300.1M |
| Property, plant & equipment (net) | $0 | $0 | $8.4M | $0 | $0 | $0 | $8.1M | $8.6M | $9.7M | $12.5M | $14.7M | $16.4M |
| Goodwill & intangible assets | $527.9M | $546.3M | $604.3M | $643.0M | $691.7M | $719.0M | $744.3M | $773.8M | $801.4M | $828.5M | $856.4M | $1.09B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $24.7M | $19.7M | $17.4M | $23.9M | $24.9M | $25.6M | $20.8M | $11.0M | $14.3M | $21.4M | $74.4M | $20.3M |
| Total assets | $766.5M | $853.0M | $963.1M | $897.6M | $969.4M | $1.02B | $1.11B | $1.05B | $1.13B | $1.18B | $1.31B | $1.42B |
| Liabilities | ||||||||||||
| Accounts payable | $8.5M | $9.1M | $21.3M | $20.9M | $26.8M | $20.8M | $13.5M | $21.2M | $14.1M | $13.4M | $14.5M | $15.0M |
| Short-term debt | $6.4M | $7.4M | $9.0M | $7.4M | $7.4M | $7.4M | $9.2M | $18.5M | $49.4M | $52.1M | $54.4M | $50.5M |
| Deferred revenue | $190.6M | $221.3M | $274.9M | $196.4M | $215.3M | $243.8M | $282.3M | $203.6M | $226.6M | $243.7M | $282.6M | $203.6M |
| Total current liabilities | $245.2M | $313.9M | $373.0M | $273.0M | $296.9M | $324.9M | $377.0M | $294.0M | $342.4M | $350.8M | $413.2M | $320.6M |
| Long-term debt | $567.2M | $568.2M | $570.8M | $570.2M | $571.2M | $572.2M | $573.3M | $574.3M | $575.4M | $576.4M | $576.4M | $578.6M |
| Lease obligations | — | — | $8.1M | — | — | — | $8.2M | $8.9M | $9.8M | $10.6M | $12.3M | $13.1M |
| Other long-term liabilities | $47.4M | $43.8M | $49.6M | $50.4M | $58.9M | $62.7M | $62.0M | $64.7M | $67.2M | $71.5M | $112.4M | $85.9M |
| Total liabilities | $859.8M | $925.8M | $993.3M | $893.6M | $927.0M | $959.8M | $1.01B | $933.1M | $985.0M | $998.7M | $1.10B | $985.0M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 |
| Retained earnings (deficit) | −$1.67B | −$1.63B | −$1.58B | −$1.55B | −$1.51B | −$1.48B | −$1.44B | −$1.41B | −$1.39B | −$1.35B | −$1.32B | −$1.08B |
| Accumulated other comprehensive income | $5.2M | −$14.6M | −$12.9M | −$13.9M | −$14.0M | −$13.9M | −$16.9M | −$15.9M | −$15.9M | −$15.9M | −$13.1M | −$16.1M |
| Total shareholders' equity | −$93.3M | −$72.8M | −$30.2M | $4.0M | $42.5M | $62.6M | $93.8M | $120.5M | $141.4M | $182.1M | $205.6M | $439.9M |
| Key figures | ||||||||||||
| Total debt | $573.6M | $574.6M | $586.3M | $577.6M | $578.6M | $579.6M | $588.9M | $599.7M | $631.9M | $635.8M | $641.2M | $638.5M |
| Net cash (debt) | −$483.3M | −$459.0M | −$485.4M | −$503.0M | −$478.1M | −$451.8M | −$488.1M | −$501.7M | −$509.3M | −$493.8M | −$494.6M | −$501.8M |
| Working capital | −$31.3M | −$26.9M | −$40.0M | −$42.3M | −$44.1M | −$47.1M | −$44.1M | −$33.9M | −$41.3M | −$32.3M | −$51.1M | −$20.5M |
| Tangible book value | −$621.2M | −$619.1M | −$634.6M | −$639.1M | −$649.3M | −$656.4M | −$650.4M | −$653.3M | −$659.9M | −$646.3M | −$650.8M | −$648.2M |
| Book value per share | −$10.38 | −$8.26 | −$3.45 | $0.46 | $4.95 | $7.53 | $11.32 | $14.62 | $17.29 | $22.52 | — | — |
| Shares outstanding | 9.0M | 8.8M | 8.8M | 8.7M | 8.6M | 8.3M | 8.3M | 8.2M | 8.2M | 8.1M | — | — |
| Current ratio | 0.87 | 0.91 | 0.89 | 0.84 | 0.85 | 0.86 | 0.88 | 0.88 | 0.88 | 0.91 | 0.88 | 0.94 |
| Quick ratio | 0.64 | 0.61 | 0.74 | 0.65 | 0.66 | 0.69 | 0.74 | 0.68 | 0.68 | 0.72 | 0.81 | 0.77 |
| Debt / equity | — | — | — | 144.83 | 13.63 | 9.25 | 6.28 | 4.98 | 4.47 | 3.49 | 3.12 | 1.45 |
| Equity / assets | −12.2% | −8.5% | −3.1% | 0.4% | 4.4% | 6.1% | 8.5% | 11.4% | 12.6% | 15.4% | 15.7% | 30.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 7, 2026); data from EODHD.
SKIL financial position
At the end of fiscal 2026 (January 31, 2026), Skillsoft had total assets of $992.9 million (down 10.2% from a year earlier), total liabilities of $1.0 billion and shareholders' equity of -$30.2 million. It held $100.8 million in cash and short-term investments against $586.3 million of debt, net debt of $485.4 million. Its current ratio was 0.83. In the latest quarter (ended July 31, 2026) total assets were $766.5 million and equity -$93.3 million.
Related: SKIL income statement, SKIL cash flow statement, SKIL key metrics. See the SKIL stock overview for the latest quote and news.
SKIL balance sheet FAQ
What are Skillsoft's total assets?
Skillsoft reported total assets of $992.9 million at the end of fiscal 2026 (January 31, 2026), compared with $1.1 billion a year earlier.
How much debt does Skillsoft have?
Skillsoft had $586.3 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.
How much cash does Skillsoft have?
Skillsoft held $100.8 million in cash and short-term investments at the end of fiscal 2026; with $586.3 million of debt that is net debt of $485.4 million.
What is Skillsoft's book value?
Skillsoft's shareholders' equity (book value) was -$30.2 million at the end of fiscal 2026, or −$3.52 per share.
What is Skillsoft's current ratio?
Skillsoft had current assets of $310.6 million and current liabilities of $373.0 million, a current ratio of 0.83 (current liabilities exceed current assets).
How much goodwill does Skillsoft have?
Skillsoft carried $604.3 million of goodwill and intangible assets, 60.9% of total assets, at the end of fiscal 2026.