Taitron Components Incorporated (TAIT) Balance Sheet
TAIT balance sheet, 2024
December 31, 2024 · U.S. dollars$17.6M assets = $1.1M liabilities + $16.6M equity
Both columns are drawn to the same scale: what TAIT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
TAIT financial health
Equity / assets93.9%
Equity-funded · of assets funded by shareholders
Goodwill & intangibles0.0%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal 2024.
TAIT balance sheet trends, 2015–2024
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $18.0M2015 | $17.6M2024 | −0.3%/yr | |
| Total liabilities | $2.8M2015 | $1.1M2024 | −10.3%/yr | |
| Shareholders’ equity | $15.1M2015 | $16.6M2024 | +1.0%/yr | |
| Cash & short-term investments | $3.7M2015 | $9.4M2024 | +10.9%/yr | |
| Total debt | $1.5M2015 | $163,0002020 | −35.8%/yr | |
| Net cash (debt) | $2.2M2015 | $6.5M2020 | +$4.3M | |
| Working capital | $11.3M2015 | $11.8M2024 | +$491,000 | |
| Book value per share | $2.732015 | $3.152024 | +1.6%/yr | |
| Debt / equity | 0.102015 | 0.012020 | −0.09 | |
| Shares outstanding | 5.5M2015 | 5.3M2024 | −0.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
TAIT assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
TAIT liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
TAIT debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
TAIT balance sheet
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $9.4M | $9.8M | $7.3M | $7.5M | $6.7M | $5.3M | $4.5M | $3.2M | $4.0M | $3.7M |
| Cash & equivalents | $4.2M | $6.2M | $5.2M | $6.0M | $6.7M | $5.3M | $4.5M | $3.2M | $4.0M | $3.7M |
| Short-term investments | $5.2M | $3.6M | $2.0M | $1.6M | $0 | — | — | $0 | $0 | $0 |
| Receivables | $421,000 | $92,000 | $683,000 | $900,000 | $639,000 | $1.0M | $901,000 | $978,000 | $233,000 | $291,000 |
| Inventory | $2.9M | $2.6M | $3.9M | $5.3M | $3.5M | $3.6M | $4.6M | $5.0M | $5.1M | $9.0M |
| Other current assets | $122,000 | $283,000 | $148,000 | $173,000 | $46,000 | $85,000 | $67,000 | $80,000 | $227,000 | $160,000 |
| Total current assets | $12.9M | $12.8M | $12.0M | $13.9M | $10.9M | $10.0M | $10.1M | $9.3M | $9.5M | $13.2M |
| Property, plant & equipment (net) | $3.0M | $3.0M | $2.9M | $3.1M | $3.2M | $3.4M | $3.7M | $3.9M | $4.0M | $4.2M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $186,000 | $186,000 | $186,000 | $186,000 | $186,000 | $205,000 | $212,000 | $403,000 | $471,000 | $688,000 |
| Other non-current assets | $1.5M | $2.0M | $2.0M | $7,000 | $3,000 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $17.6M | $18.0M | $17.1M | $17.1M | $14.3M | $13.6M | $14.0M | $13.6M | $14.0M | $18.0M |
| Liabilities | ||||||||||
| Accounts payable | $251,000 | $194,000 | $211,000 | $1.8M | $410,000 | $462,000 | $972,000 | $848,000 | $857,000 | $1.0M |
| Short-term debt | — | — | — | — | — | — | — | $500,000 | $0 | $500,000 |
| Total current liabilities | $1.1M | $1.2M | $1.0M | $2.7M | $856,000 | $784,000 | $1.3M | $1.2M | $1.3M | $1.8M |
| Long-term debt | $0 | $0 | $0 | $0 | $163,000 | $0 | $0 | $500,000 | $1.0M | $1.0M |
| Other long-term liabilities | $1 | $137,000 | $1 | $1.8M | $0 | $462,000 | $0 | $0 | $0 | $0 |
| Total liabilities | $1.1M | $1.2M | $1.0M | $2.7M | $1.0M | $784,000 | $1.3M | $1.7M | $2.3M | $2.8M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $10.8M | $10.7M | $6,000 |
| Retained earnings (deficit) | $5.1M | $5.4M | $4.8M | $3.3M | $2.2M | $1.7M | $1.7M | $867,000 | $720,000 | $4.2M |
| Treasury stock | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Accumulated other comprehensive income | −$49,000 | −$61,000 | −$58,000 | −$73,000 | −$66,000 | $38,000 | $128,000 | $144,000 | $156,000 | $159,000 |
| Minority interest | — | $0 | $0 | $0 | — | $100,000 | $96,000 | $100,000 | $104,000 | $104,000 |
| Total shareholders' equity | $16.6M | $16.8M | $16.1M | $14.4M | $13.2M | $12.7M | $12.6M | $11.9M | $11.6M | $15.1M |
| Key figures | ||||||||||
| Total debt | — | — | — | — | $163,000 | — | — | $500,000 | $1.0M | $1.5M |
| Net cash (debt) | — | — | — | — | $6.5M | — | — | $2.8M | $3.0M | $2.2M |
| Working capital | $11.8M | $11.6M | $11.0M | $11.1M | $10.0M | $9.2M | $8.8M | $8.1M | $8.2M | $11.3M |
| Tangible book value | $16.6M | $16.8M | $16.1M | $14.4M | $13.2M | $12.7M | $12.6M | $11.9M | $11.6M | $15.1M |
| Book value per share | $3.15 | $2.79 | $2.67 | $2.43 | $2.26 | $2.18 | $2.21 | $2.10 | $2.09 | $2.73 |
| Shares outstanding | 5.3M | 6.0M | 6.0M | 5.9M | 5.9M | 5.8M | 5.7M | 5.6M | 5.5M | 5.5M |
| Current ratio | 12.00 | 11.01 | 11.97 | 5.07 | 12.68 | 12.77 | 7.84 | 7.71 | 7.07 | 7.14 |
| Quick ratio | 9.14 | 8.54 | 7.93 | 3.08 | 8.52 | 8.08 | 4.20 | 3.51 | 3.15 | 2.16 |
| Debt / equity | — | — | — | — | 0.01 | — | — | 0.04 | 0.09 | 0.10 |
| Equity / assets | 93.9% | 93.5% | 94.2% | 84.0% | 92.9% | 93.5% | 90.1% | 87.4% | 82.5% | 83.7% |
| Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $9.9M | $9.3M | $8.8M | $9.4M | $9.6M | $9.7M | $10.0M | $9.8M | $8.8M | $8.3M | $8.1M | $7.3M |
| Cash & equivalents | $4.0M | $3.8M | $4.0M | $4.2M | $4.7M | $5.0M | $5.5M | $6.2M | $5.2M | $4.7M | $4.9M | $5.2M |
| Short-term investments | $5.9M | $5.5M | $4.8M | $5.2M | $4.9M | $4.7M | $4.5M | $3.6M | $3.6M | $3.6M | $3.2M | $2.0M |
| Receivables | $573,000 | $1.0M | $219,000 | $421,000 | $623,000 | $419,000 | $227,000 | $92,000 | $1.1M | $958,000 | $1.2M | $683,000 |
| Inventory | $2.1M | $2.2M | $2.9M | $2.9M | $3.0M | $2.4M | $2.7M | $2.6M | $2.8M | $3.3M | $3.2M | $3.9M |
| Other current assets | $99,000 | $159,000 | $160,000 | $122,000 | $137,000 | $164,000 | $353,000 | $283,000 | $187,000 | $349,001 | $226,000 | $148,000 |
| Total current assets | $12.7M | $12.7M | $12.1M | $12.9M | $13.4M | $12.7M | $13.3M | $12.8M | $12.9M | $12.9M | $12.7M | $12.0M |
| Property, plant & equipment (net) | $2.9M | $2.9M | $3.0M | $3.0M | $3.1M | $3.1M | $3.0M | $3.0M | $3.0M | $2.8M | $2.9M | $2.9M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $128,000 | $128,000 | $186,000 | $0 | $186,000 | $186,000 | $186,000 | $186,000 | $186,000 | $186,000 | $186,000 |
| Other non-current assets | $1.5M | $1.5M | $1.5M | $1.5M | $2.2M | $2.0M | $2.0M | $2.0M | $2.1M | $2.1M | $2.1M | $2.0M |
| Total assets | $17.1M | $17.3M | $16.7M | $17.6M | $18.7M | $18.1M | $18.5M | $18.0M | $18.1M | $18.0M | $17.8M | $17.1M |
| Liabilities | ||||||||||||
| Accounts payable | $492,000 | $60,000 | $60,000 | $251,000 | $725,000 | $188,000 | $488,000 | $194,000 | $232,000 | $496,000 | $152,000 | $211,000 |
| Total current liabilities | $2.0M | $1.9M | $766,000 | $1.1M | $1.5M | $898,000 | $1.4M | $1.2M | $1.1M | $1.2M | $1.2M | $1.0M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $1 | $0 | $0 | $137,000 | $0 | $0 | $0 | $152,000 | $1 |
| Total liabilities | $2.0M | $1.9M | $766,000 | $1.1M | $1.5M | $898,000 | $1.4M | $1.2M | $1.1M | $1.2M | $1.2M | $1.0M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | — | $6,000 | $6,000 | $6,000 | $6,000 |
| Retained earnings (deficit) | $3.6M | $3.9M | $4.5M | $5.1M | $5.7M | $5.8M | $5.7M | $5.4M | $5.6M | $5.5M | $5.2M | $4.8M |
| Accumulated other comprehensive income | −$68,000 | −$73,000 | −$63,000 | −$49,000 | −$53,000 | −$89,000 | −$53,000 | — | −$55,000 | −$60,000 | −$59,000 | −$58,000 |
| Total shareholders' equity | $15.1M | $15.3M | $16.0M | $16.6M | $17.2M | $17.2M | $17.1M | $16.8M | $17.0M | $16.8M | $16.6M | $16.1M |
| Key figures | ||||||||||||
| Working capital | $10.6M | $10.7M | $11.3M | $11.8M | $11.9M | $11.8M | $11.9M | $11.6M | $11.7M | $11.8M | $11.5M | $11.0M |
| Tangible book value | $15.1M | $15.3M | $16.0M | $16.6M | $17.2M | $17.2M | $17.1M | $16.8M | $17.0M | $16.8M | $16.6M | $16.1M |
| Book value per share | $2.50 | $2.55 | $2.65 | $3.15 | $2.85 | $2.85 | $2.84 | $2.80 | $2.82 | $2.79 | $2.75 | $2.68 |
| Shares outstanding | 6.0M | 6.0M | 6.0M | 5.3M | 6.0M | 6.0M | 6.0M | 6.0M | 6.0M | 6.0M | 6.0M | 6.0M |
| Current ratio | 6.26 | 6.54 | 15.75 | 12.00 | 8.82 | 14.17 | 9.62 | 11.01 | 11.50 | 11.05 | 10.79 | 11.97 |
| Quick ratio | 5.17 | 5.34 | 11.79 | 9.14 | 6.75 | 11.31 | 7.43 | 8.54 | 8.84 | 7.93 | 7.89 | 7.93 |
| Equity / assets | 88.2% | 88.8% | 95.4% | 93.9% | 91.9% | 95.0% | 92.5% | 93.5% | 93.8% | 93.5% | 93.4% | 94.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 18, 2025); data from EODHD.
TAIT financial position
At the end of fiscal 2024 (December 31, 2024), Taitron Components had total assets of $17.6 million (down 2.1% from a year earlier), total liabilities of $1.1 million and shareholders' equity of $16.6 million. Its current ratio was 12.00. In the latest quarter (ended September 30, 2025) total assets were $17.1 million and equity $15.1 million.
Related: TAIT income statement, TAIT cash flow statement, TAIT key metrics. See the TAIT stock overview for the latest quote and news.
TAIT balance sheet FAQ
What are Taitron Components's total assets?
Taitron Components reported total assets of $17.6 million at the end of fiscal 2024 (December 31, 2024), compared with $18.0 million a year earlier.
How much cash does Taitron Components have?
Taitron Components held $9.4 million in cash and short-term investments at the end of fiscal 2024.
What is Taitron Components's book value?
Taitron Components's shareholders' equity (book value) was $16.6 million at the end of fiscal 2024, or $3.15 per share.
What is Taitron Components's current ratio?
Taitron Components had current assets of $12.9 million and current liabilities of $1.1 million, a current ratio of 12.00 (it can cover its short-term obligations).