Solaris Resources Inc. (SLSR) Balance Sheet
SLSR balance sheet, 2025
December 31, 2025 · U.S. dollars$58.0M assets = $107.0M liabilities + −$49.0M equity
Liabilities exceed assets: shareholders’ equity is negative (−$49.0M).
Both columns are drawn to the same scale: what SLSR owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SLSR financial health
Descriptive bands, not a rating. Fiscal 2025.
SLSR balance sheet trends, 2020–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $94.9M2020 | $58.0M2025 | −9.4%/yr | |
| Total liabilities | $8.4M2020 | $107.0M2025 | +66.5%/yr | |
| Shareholders’ equity | $86.6M2020 | −$56.8M2025 | — | |
| Cash & short-term investments | $73.6M2020 | $25.2M2025 | −19.3%/yr | |
| Total debt | $29.4M2023 | $49.2M2024 | +67.6%/yr | |
| Net cash (debt) | $9.5M2023 | −$17.5M2024 | −$27.0M | |
| Working capital | $66.5M2020 | $17.6M2025 | −$48.9M | |
| Book value per share | $0.822020 | −$0.342025 | — | |
| Current ratio | 10.052020 | 3.092025 | −6.96 | |
| Shares outstanding | 105.1M2020 | 166.9M2025 | +9.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SLSR assets
SLSR liabilities and equity
SLSR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SLSR balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & short-term investments | $25.2M | $31.7M | $38.9M | $14.8M | $33.9M | $73.6M |
| Cash & equivalents | $25.2M | $31.7M | $38.9M | $14.8M | $33.9M | $73.6M |
| Receivables | $36,000 | $38,000 | $55,000 | $15,000 | $5,000 | $5,000 |
| Inventory | $156,000 | $143,000 | $95,000 | $102,000 | $86,000 | $83,000 |
| Other current assets | $559,000 | $661,000 | $373,000 | $373,000 | $866,000 | $156,000 |
| Total current assets | $26.0M | $32.6M | $39.4M | $15.3M | $34.9M | $73.8M |
| Property, plant & equipment (net) | $31.2M | $24.0M | $21.9M | $23.0M | $22.7M | $21.0M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $821,000 | $571,000 | $571,000 | $313,000 | $74,000 | $70,000 |
| Total assets | $58.0M | $57.2M | $61.8M | $38.5M | $57.6M | $94.9M |
| Liabilities | ||||||
| Accounts payable | $2.2M | $5.6M | $5.3M | $8.3M | $10.8M | $3.2M |
| Total current liabilities | $8.4M | $13.1M | $5.4M | $8.8M | $12.7M | $7.3M |
| Long-term debt | $0 | $49.2M | $29.4M | $0 | $0 | $0 |
| Lease obligations | $477,000 | $433,000 | $91,000 | $235,000 | $324,000 | $135,000 |
| Other long-term liabilities | $98.6M | $4.2M | $1.7M | $1.5M | $1.9M | $1.0M |
| Total liabilities | $107.0M | $66.5M | $36.4M | $10.3M | $14.5M | $8.4M |
| Shareholders' equity | ||||||
| Retained earnings (deficit) | −$324.8M | −$282.6M | −$205.6M | −$164.6M | −$105.9M | −$49.1M |
| Minority interest | $7.9M | $7.9M | $7.9M | $7.9M | — | — |
| Total shareholders' equity | −$56.8M | −$9.3M | $17.5M | $20.3M | $35.2M | $86.6M |
| Key figures | ||||||
| Total debt | — | $49.2M | $29.4M | — | — | — |
| Net cash (debt) | — | −$17.5M | $9.5M | — | — | — |
| Working capital | $17.6M | $19.5M | $34.0M | $6.4M | $22.2M | $66.5M |
| Tangible book value | −$56.8M | −$9.3M | $17.5M | $20.3M | $35.2M | $86.6M |
| Book value per share | −$0.34 | −$0.06 | $0.12 | $0.17 | $0.32 | $0.82 |
| Shares outstanding | 166.9M | 163.2M | 150.8M | 122.7M | 108.8M | 105.1M |
| Current ratio | 3.09 | 2.50 | 7.35 | 1.73 | 2.75 | 10.05 |
| Quick ratio | 3.01 | 2.43 | 7.26 | 1.67 | 2.68 | 10.02 |
| Debt / equity | — | — | 1.68 | — | — | — |
| Equity / assets | −97.9% | −16.2% | 28.3% | 52.7% | 61.1% | 91.2% |
| 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 | $54.0M | $12.9M | $25.2M | $35.1M | $47.0M | $14.2M | $31.7M | $52.5M | $54.1M | $28.8M | $38.9M | $6.7M |
| Cash & equivalents | $54.0M | $12.9M | $25.2M | $35.1M | $47.0M | $14.2M | $31.7M | $52.5M | $54.1M | $28.8M | $38.9M | $6.7M |
| Receivables | $132,000 | $56,000 | $36,000 | $43,000 | $55,000 | $43,000 | $38,000 | $41,000 | $32,000 | $21,000 | $55,000 | $34,000 |
| Inventory | $168,000 | $176,000 | $156,000 | $119,000 | $120,000 | $117,000 | $143,000 | $115,000 | $138,000 | $160,000 | $95,000 | $66,000 |
| Other current assets | $822,000 | $681,000 | $559,000 | $758,000 | $609,000 | $618,000 | $661,000 | $1.1M | $1.3M | $1.3M | $373,000 | $624,000 |
| Total current assets | $55.1M | $13.8M | $26.0M | $36.1M | $47.8M | $15.0M | $32.6M | $53.8M | $55.6M | $30.3M | $39.4M | $7.5M |
| Property, plant & equipment (net) | $47.2M | $37.5M | $31.2M | $25.3M | $25.0M | $24.7M | $24.0M | $23.2M | $22.4M | $22.0M | $21.9M | $22.3M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $571,000 | $571,000 | $821,000 | $571,000 | $571,000 | $571,000 | $571,000 | $571,000 | $571,000 | $571,000 | $571,000 | $571,000 |
| Total assets | $102.9M | $51.9M | $58.0M | $61.9M | $73.4M | $40.3M | $57.2M | $77.6M | $78.5M | $52.8M | $61.8M | $30.3M |
| Liabilities | ||||||||||||
| Accounts payable | $1.3M | $1.4M | $2.2M | — | — | — | $5.6M | — | — | — | $5.3M | — |
| Total current liabilities | $6.6M | $4.2M | $8.4M | $6.0M | $6.9M | $8.8M | $13.1M | $11.6M | $10.4M | $7.0M | $5.4M | $4.1M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $50.7M | $49.2M | $47.6M | $31.4M | $30.4M | $29.4M | $0 |
| Lease obligations | $388,000 | $429,000 | $477,000 | $534,000 | $493,000 | $513,000 | $433,000 | $487,000 | $240,000 | $133,000 | $91,000 | $130,000 |
| Other long-term liabilities | $146.7M | $98.0M | $98.6M | $96.1M | $95.1M | $4.5M | $4.2M | $3.7M | $2.8M | $2.0M | $1.7M | $1.6M |
| Total liabilities | $153.2M | $102.2M | $107.0M | $102.0M | $102.1M | $64.0M | $66.5M | $63.0M | $44.5M | $39.4M | $36.4M | $5.7M |
| Shareholders' equity | ||||||||||||
| Retained earnings (deficit) | −$333.3M | −$329.8M | −$324.8M | −$315.5M | −$302.5M | −$298.6M | −$282.6M | −$256.7M | −$235.9M | −$218.3M | −$205.6M | −$195.5M |
| Minority interest | $7.8M | $7.8M | $7.9M | $7.9M | $7.9M | — | — | — | — | — | — | — |
| Total shareholders' equity | −$58.1M | −$58.1M | −$56.8M | −$48.0M | −$36.6M | −$31.6M | −$17.2M | $6.8M | $26.1M | $5.5M | $17.5M | $16.7M |
| Key figures | ||||||||||||
| Total debt | — | — | — | — | — | $50.7M | $49.2M | $47.6M | $31.4M | $30.4M | $29.4M | — |
| Net cash (debt) | — | — | — | — | — | −$36.5M | −$17.5M | $4.9M | $22.7M | −$1.6M | $9.5M | — |
| Working capital | $48.6M | $9.6M | $17.6M | $30.1M | $40.9M | $6.2M | $19.5M | $42.1M | $45.2M | $23.2M | $34.0M | $3.3M |
| Tangible book value | −$58.1M | −$58.1M | −$56.8M | −$48.0M | −$36.6M | −$31.6M | −$17.2M | $6.8M | $26.1M | $5.5M | $17.5M | $16.7M |
| Book value per share | −$0.35 | −$0.35 | −$0.34 | −$0.29 | −$0.22 | −$0.19 | −$0.11 | $0.04 | $0.16 | $0.04 | $0.12 | $0.11 |
| Shares outstanding | 167.1M | 167.0M | 166.9M | 165.8M | 165.8M | 163.5M | 163.2M | 162.5M | 162.1M | 150.8M | 150.8M | 148.1M |
| Current ratio | 8.42 | 3.28 | 3.09 | 6.06 | 6.89 | 1.71 | 2.50 | 4.62 | 5.37 | 4.31 | 7.35 | 1.81 |
| Quick ratio | 8.26 | 3.08 | 3.01 | 5.91 | 6.78 | 1.62 | 2.43 | 4.51 | 5.23 | 4.10 | 7.26 | 1.64 |
| Debt / equity | — | — | — | — | — | — | — | 7.05 | 1.20 | 5.55 | 1.68 | — |
| Equity / assets | −56.5% | −112.0% | −97.9% | −77.5% | −49.9% | −78.5% | −30.1% | 8.7% | 33.3% | 10.4% | 28.3% | 55.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed —); data from EODHD.
SLSR financial position
At the end of fiscal 2025 (December 31, 2025), Solaris Resources had total assets of $58.0 million (up 1.5% from a year earlier), total liabilities of $107.0 million and shareholders' equity of -$56.8 million. Its current ratio was 3.09. In the latest quarter (ended June 30, 2026) total assets were $102.9 million and equity -$58.1 million.
Related: SLSR income statement, SLSR cash flow statement, SLSR key metrics. See the SLSR stock overview for the latest quote and news.
SLSR balance sheet FAQ
What are Solaris Resources's total assets?
Solaris Resources reported total assets of $58.0 million at the end of fiscal 2025 (December 31, 2025), compared with $57.2 million a year earlier.
How much cash does Solaris Resources have?
Solaris Resources held $25.2 million in cash and short-term investments at the end of fiscal 2025.
What is Solaris Resources's book value?
Solaris Resources's shareholders' equity (book value) was -$56.8 million at the end of fiscal 2025, or −$0.34 per share.
What is Solaris Resources's current ratio?
Solaris Resources had current assets of $26.0 million and current liabilities of $8.4 million, a current ratio of 3.09 (it can cover its short-term obligations).