SOLAI Limited (SLAIY) Balance Sheet
SLAIY balance sheet, 2024
December 31, 2024 · U.S. dollars$86.3M assets = $19.6M liabilities + $66.8M equity
Both columns are drawn to the same scale: what SLAIY owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SLAIY financial health
Descriptive bands, not a rating. Fiscal 2024.
SLAIY balance sheet trends, 2021–2024
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $294.2M2021 | $86.3M2024 | −33.5%/yr | |
| Total liabilities | $89.0M2021 | $19.6M2024 | −39.6%/yr | |
| Shareholders’ equity | $179.9M2021 | $56.9M2024 | −31.9%/yr | |
| Cash & short-term investments | $17.7M2021 | $1.8M2024 | −53.2%/yr | |
| Working capital | $8.9M2021 | $7.9M2024 | −$948,000 | |
| Current ratio | 1.102021 | 1.702024 | +0.60 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SLAIY assets
SLAIY liabilities and equity
SLAIY debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SLAIY balance sheet
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | $1.8M | $3.2M | $7.7M | $17.7M |
| Cash & equivalents | $1.8M | $3.2M | $5.4M | $17.7M |
| Short-term investments | — | $0 | $2.4M | $0 |
| Receivables | $1.8M | $2.9M | $3.6M | $737,000 |
| Inventory | $0 | $0 | $0 | $0 |
| Other current assets | $15.5M | $27.7M | $24.0M | $74.8M |
| Total current assets | $19.1M | $33.9M | $35.3M | $93.3M |
| Property, plant & equipment (net) | $22.5M | $27.1M | $31.3M | $76.4M |
| Goodwill & intangible assets | $11.1M | $2.0M | $3.3M | $98.5M |
| Long-term investments | $3.6M | $4.2M | $8.0M | $10.1M |
| Other non-current assets | $30.0M | $5.4M | $8.8M | $16.1M |
| Total assets | $86.3M | $72.6M | $86.8M | $294.2M |
| Liabilities | ||||
| Accounts payable | $25,000 | $821,000 | $3.6M | $54.4M |
| Total current liabilities | $11.2M | $44.9M | $30.8M | $84.4M |
| Long-term debt | $0 | $0 | $0 | $0 |
| Lease obligations | $2.5M | $4.2M | $4.2M | $6.8M |
| Other long-term liabilities | $8.3M | $2.5M | $2.8M | $4.6M |
| Total liabilities | $19.6M | $47.5M | $33.7M | $89.0M |
| Shareholders' equity | ||||
| Retained earnings (deficit) | −$557.9M | −$570.9M | −$542.2M | −$386.8M |
| Minority interest | $9.9M | $0 | $0 | $25.4M |
| Total shareholders' equity | $56.9M | $25.1M | $53.1M | $179.9M |
| Key figures | ||||
| Working capital | $7.9M | −$11.1M | $4.5M | $8.9M |
| Tangible book value | $45.8M | $23.1M | $49.8M | $81.4M |
| Current ratio | 1.70 | 0.75 | 1.15 | 1.10 |
| Quick ratio | 0.33 | 0.14 | 0.37 | 0.22 |
| Equity / assets | 65.9% | 34.6% | 61.2% | 61.1% |
| Mar '26 | Sep '25 | Jun '25 | Dec '24 | |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | $2.0M | $3.8M | $1.2M | $1.8M |
| Cash & equivalents | $2.0M | $3.8M | $1.2M | $1.8M |
| Receivables | $2.1M | $2.7M | $1.4M | $1.8M |
| Inventory | $0 | $0 | $0 | $0 |
| Other current assets | $8.9M | $15.8M | $8.6M | $15.5M |
| Total current assets | $12.9M | $22.3M | $11.2M | $19.1M |
| Property, plant & equipment (net) | $12.0M | $25.2M | $19.4M | $22.5M |
| Goodwill & intangible assets | $5.2M | $0 | $8.2M | $11.1M |
| Long-term investments | $3.4M | $3.4M | $3.4M | $3.6M |
| Other non-current assets | $4.5M | $25.7M | $26.9M | $30.0M |
| Total assets | $38.1M | $76.6M | $69.1M | $86.3M |
| Liabilities | ||||
| Accounts payable | $824,000 | $25,000 | $25,000 | $25,000 |
| Total current liabilities | $8.3M | $13.1M | $11.3M | $11.2M |
| Long-term debt | $0 | $0 | $0 | $0 |
| Lease obligations | $1.6M | $1.4M | $1.8M | $2.5M |
| Other long-term liabilities | $810,000 | $1.8M | $3.9M | $8.3M |
| Total liabilities | $9.1M | $14.8M | $15.3M | $19.6M |
| Shareholders' equity | ||||
| Retained earnings (deficit) | −$598.5M | −$574.3M | −$571.8M | −$557.9M |
| Minority interest | $483,000 | $9.7M | — | $9.9M |
| Total shareholders' equity | $28.6M | $52.0M | $43.8M | $56.9M |
| Key figures | ||||
| Working capital | $4.6M | $9.2M | −$110,000 | $7.9M |
| Tangible book value | $23.3M | $52.0M | $35.7M | $45.8M |
| Current ratio | 1.56 | 1.71 | 0.99 | 1.70 |
| Quick ratio | 0.49 | 0.50 | 0.24 | 0.33 |
| Equity / assets | 74.9% | 68.0% | 63.4% | 65.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed —); data from EODHD.
SLAIY financial position
At the end of fiscal 2024 (December 31, 2024), SOLAI had total assets of $86.3 million (up 18.9% from a year earlier), total liabilities of $19.6 million and shareholders' equity of $56.9 million. Its current ratio was 1.70. In the latest quarter (ended March 31, 2026) total assets were $38.1 million and equity $28.6 million.
Related: SLAIY income statement, SLAIY cash flow statement, SLAIY key metrics. See the SLAIY stock overview for the latest quote and news.
SLAIY balance sheet FAQ
What are SOLAI's total assets?
SOLAI reported total assets of $86.3 million at the end of fiscal 2024 (December 31, 2024), compared with $72.6 million a year earlier.
How much cash does SOLAI have?
SOLAI held $1.8 million in cash and short-term investments at the end of fiscal 2024.
What is SOLAI's book value?
SOLAI's shareholders' equity (book value) was $56.9 million at the end of fiscal 2024.
What is SOLAI's current ratio?
SOLAI had current assets of $19.1 million and current liabilities of $11.2 million, a current ratio of 1.70 (it can cover its short-term obligations).
How much goodwill does SOLAI have?
SOLAI carried $11.1 million of goodwill and intangible assets, 12.8% of total assets, at the end of fiscal 2024.