Taylor Devices, Inc. (TAYD) Balance Sheet
TAYD balance sheet, FY2026
May 31, 2026 · U.S. dollars$77.7M assets = $4.9M liabilities + $72.9M equity
Both columns are drawn to the same scale: what TAYD owns equals what it owes plus shareholders’ equity. Hover a block for its value.
TAYD financial health
Equity / assets93.7%
Equity-funded · of assets funded by shareholders
Goodwill & intangibles0.3%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
TAYD balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $37.2MFY2017 | $77.7MFY2026 | +8.5%/yr | |
| Total liabilities | $4.3MFY2017 | $4.9MFY2026 | +1.4%/yr | |
| Shareholders’ equity | $32.9MFY2017 | $72.9MFY2026 | +9.3%/yr | |
| Cash & short-term investments | $4.3MFY2017 | $41.5MFY2026 | +28.5%/yr | |
| Total debt | $846,941FY2017 | $126,148FY2024 | −23.8%/yr | |
| Net cash (debt) | $3.5MFY2017 | $30.8MFY2024 | +$27.3M | |
| Working capital | $21.4MFY2017 | $57.5MFY2026 | +$36.2M | |
| Book value per share | $9.37FY2017 | $23.15FY2026 | +10.6%/yr | |
| Debt / equity | 0.03FY2017 | 0.00FY2024 | −0.02 | |
| Shares outstanding | 3.5MFY2017 | 3.1MFY2026 | −1.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
TAYD assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
TAYD liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
TAYD debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
TAYD balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $41.5M | $36.0M | $31.0M | $28.1M | $23.6M | $21.7M | $16.2M | $6.1M | $3.9M | $4.3M |
| Cash & equivalents | $904,823 | $1.2M | $2.8M | $3.6M | $22.5M | $20.6M | $15.2M | $5.1M | $2.9M | $3.3M |
| Short-term investments | $40.6M | $34.8M | $28.1M | $24.5M | $1.1M | $1.1M | $1.1M | $1.1M | $1.0M | $1.0M |
| Receivables | $12.0M | $11.0M | $9.6M | $9.7M | $7.8M | $5.6M | $7.6M | $12.9M | $12.6M | $9.4M |
| Inventory | $7.5M | $8.1M | $7.5M | $5.9M | $5.9M | $5.8M | $10.1M | $11.2M | $11.3M | $11.5M |
| Other current assets | $1.5M | $1.2M | $725,506 | $668,554 | $704,436 | $977,525 | $510,360 | $549,177 | $447,162 | $427,478 |
| Total current assets | $62.4M | $56.3M | $48.8M | $44.4M | $38.0M | $34.1M | $34.4M | $30.8M | $28.3M | $25.7M |
| Property, plant & equipment (net) | $12.3M | $12.1M | $11.2M | $11.7M | $9.9M | $9.8M | $9.4M | $9.3M | $9.9M | $10.0M |
| Goodwill & intangible assets | $248,148 | $270,370 | $292,593 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $2.8M | $3.0M | $2.8M | $1.8M | $1.4M | $2.0M | $1.2M | $1.1M | $1.3M | $1.5M |
| Total assets | $77.7M | $71.6M | $63.1M | $57.9M | $49.2M | $45.9M | $45.1M | $41.2M | $39.5M | $37.2M |
| Liabilities | ||||||||||
| Accounts payable | $574,264 | $1.1M | $1.4M | $1.7M | $1.4M | $1.8M | $1.4M | $1.4M | $1.5M | $1.3M |
| Short-term debt | — | — | $126,148 | $535,830 | — | $269,064 | $1.5M | $1.3M | $983,260 | $846,941 |
| Deferred revenue | $1.4M | $4.4M | $5.6M | $2.4M | $2.5M | $2.2M | $736,866 | $633,703 | $2.0M | $1.3M |
| Total current liabilities | $4.9M | $9.6M | $11.8M | $7.8M | $6.0M | $5.1M | $5.5M | $4.9M | $5.9M | $4.3M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Other long-term liabilities | $1.3M | $1.2M | $1.2M | $1.0M | $3.9M | $624,684 | $3.6M | $2.0M | $0 | $0 |
| Total liabilities | $4.9M | $9.6M | $11.8M | $7.8M | $6.0M | $5.1M | $5.5M | $4.9M | $5.9M | $4.3M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $107,316 | $104,835 | $104,056 | $102,127 | $101,342 | $101,305 | $100,943 | $100,735 | $100,428 | $99,763 |
| Retained earnings (deficit) | $69.1M | $60.5M | $51.1M | $42.1M | $35.8M | $33.6M | $32.5M | $29.5M | $27.0M | $26.5M |
| Treasury stock | — | — | — | −$3.1M | — | −$2.9M | −$2.9M | −$2.8M | −$2.8M | −$2.8M |
| Accumulated other comprehensive income | — | — | $0 | $0 | $0 | $0 | $0 | −$13.1M | −$12.1M | −$11.1M |
| Minority interest | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Total shareholders' equity | $72.9M | $62.0M | $51.2M | $50.1M | $43.3M | $40.8M | $39.5M | $36.3M | $33.6M | $32.9M |
| Key figures | ||||||||||
| Total debt | — | — | $126,148 | $535,830 | — | $269,064 | $1.5M | $1.3M | $983,260 | $846,941 |
| Net cash (debt) | — | — | $30.8M | $27.6M | — | $21.4M | $14.8M | $4.8M | $2.9M | $3.5M |
| Working capital | $57.5M | $46.7M | $36.9M | $36.6M | $32.0M | $29.0M | $28.9M | $25.9M | $22.4M | $21.4M |
| Tangible book value | $72.6M | $61.8M | $51.0M | $50.1M | $43.3M | $40.8M | $39.5M | $36.3M | $33.6M | $32.9M |
| Book value per share | $23.15 | $18.92 | $14.69 | $14.10 | $12.36 | $11.68 | $11.33 | $10.41 | $9.63 | $9.37 |
| Shares outstanding | 3.1M | 3.3M | 3.5M | 3.6M | 3.5M | 3.5M | 3.5M | 3.5M | 3.5M | 3.5M |
| Current ratio | 12.76 | 5.88 | 4.12 | 5.70 | 6.37 | 6.64 | 6.22 | 6.31 | 4.79 | 5.97 |
| Quick ratio | 10.92 | 4.90 | 3.43 | 4.85 | 5.27 | 5.32 | 4.30 | 3.89 | 2.80 | 3.20 |
| Debt / equity | — | — | 0.00 | 0.01 | — | 0.01 | 0.04 | 0.04 | 0.03 | 0.03 |
| Equity / assets | 93.7% | 86.6% | 81.2% | 86.5% | 87.9% | 88.8% | 87.7% | 88.2% | 85.1% | 88.4% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $49.1M | $41.5M | $41.7M | $40.7M | $36.3M | $36.0M | $35.4M | $26.6M | $27.1M | $31.0M | $24.6M | $34.9M |
| Cash & equivalents | $3.6M | $904,823 | $2.5M | $2.0M | $2.2M | $1.2M | $2.3M | $2.4M | $2.2M | $2.8M | $3.1M | $3.2M |
| Short-term investments | $45.5M | $40.6M | $39.2M | $38.8M | $34.2M | $34.8M | $33.1M | $24.2M | $25.0M | $28.1M | $21.6M | $31.7M |
| Receivables | $3.4M | $12.0M | $10.5M | $7.6M | $9.2M | $11.0M | $9.9M | $11.3M | $11.1M | $9.6M | $9.4M | $5.8M |
| Inventory | $9.4M | $7.5M | $7.5M | $7.9M | $8.5M | $8.1M | $8.8M | $8.6M | $8.2M | $7.5M | $6.7M | $6.9M |
| Other current assets | $4.3M | $1.5M | $1.4M | $1.7M | $1.6M | $1.2M | $2.2M | $2.1M | $1.6M | $725,506 | $464,745 | $396,947 |
| Total current assets | $66.1M | $62.4M | $61.1M | $57.9M | $55.6M | $56.3M | $56.4M | $48.6M | $48.0M | $48.8M | $41.2M | $48.0M |
| Property, plant & equipment (net) | $12.0M | $12.3M | $12.7M | $12.7M | $11.8M | $12.1M | $11.0M | $11.3M | $11.0M | $11.2M | $11.1M | $11.4M |
| Goodwill & intangible assets | $242,592 | $248,148 | $253,702 | $259,258 | $264,814 | $270,370 | $275,925 | $281,481 | $287,037 | $292,593 | $298,148 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $2.7M | $4.0M | $1.4M | $2.0M | $2.6M | $4.2M | $2.5M | $2.7M | $2.5M | $2.8M | $2.2M | $2.1M |
| Total assets | $81.0M | $79.0M | $75.5M | $72.8M | $70.3M | $72.9M | $70.1M | $62.9M | $61.9M | $63.1M | $54.8M | $61.4M |
| Liabilities | ||||||||||||
| Accounts payable | $1.0M | $574,264 | $1.1M | $1.6M | $1.0M | $1.1M | $1.1M | $857,351 | $1.8M | $1.4M | $955,841 | $1.2M |
| Short-term debt | — | — | — | — | — | — | — | — | −$3.0M | $126,148 | — | $3.4M |
| Deferred revenue | $4.5M | $1.4M | $1.5M | $1.6M | $2.9M | $4.4M | $8.2M | $3.8M | $3.0M | $5.6M | $2.3M | $3.4M |
| Total current liabilities | $7.6M | $4.9M | $5.3M | $5.8M | $6.0M | $9.6M | $12.3M | $7.1M | $8.0M | $11.8M | $7.0M | $7.2M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $1.3M | $0 | $0 | $0 | $1.2M | $0 | $0 | $0 | $1.2M | $0 | $0 |
| Total liabilities | $7.6M | $6.2M | $5.3M | $5.8M | $6.0M | $10.8M | $12.3M | $7.1M | $8.0M | $11.8M | $7.0M | $7.2M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $18.3M | $107,316 | $106,166 | $104,940 | $104,921 | $104,835 | $104,584 | $104,564 | $104,076 | $104,056 | $102,998 | $102,171 |
| Retained earnings (deficit) | $69.6M | $69.1M | $67.2M | $64.7M | $62.7M | $60.5M | $56.9M | $54.8M | $53.8M | $51.1M | $48.7M | $46.0M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | $0 | $0 | $0 | $0 |
| Total shareholders' equity | $73.4M | $72.9M | $70.1M | $67.1M | $64.3M | $62.0M | $57.8M | $55.8M | $53.9M | $51.2M | $47.8M | $54.2M |
| Key figures | ||||||||||||
| Total debt | — | — | — | — | — | — | — | — | −$3.0M | $126,148 | — | $3.4M |
| Net cash (debt) | — | — | — | — | — | — | — | — | $30.1M | $30.8M | — | $31.5M |
| Working capital | $58.4M | $57.5M | $55.8M | $52.1M | $49.6M | $46.7M | $44.0M | $41.5M | $40.1M | $36.9M | $34.2M | $40.8M |
| Tangible book value | $73.1M | $72.6M | $69.9M | $66.8M | $64.0M | $61.8M | $57.5M | $55.5M | $53.6M | $51.0M | $47.5M | $54.2M |
| Book value per share | $23.31 | $23.15 | $22.29 | $21.31 | $20.42 | $17.51 | $18.61 | $17.96 | $17.29 | $15.57 | $15.46 | $17.71 |
| Shares outstanding | 3.1M | 3.1M | 3.1M | 3.1M | 3.1M | 3.5M | 3.1M | 3.1M | 3.1M | 3.3M | 3.1M | 3.1M |
| Current ratio | 8.66 | 12.76 | 11.52 | 10.02 | 9.21 | 5.88 | 4.57 | 6.88 | 6.02 | 4.12 | 5.92 | 6.65 |
| Quick ratio | 6.88 | 10.92 | 9.85 | 8.36 | 7.54 | 4.90 | 3.68 | 5.36 | 4.80 | 3.43 | 4.89 | 5.65 |
| Debt / equity | — | — | — | — | — | — | — | — | −0.06 | 0.00 | — | 0.06 |
| Equity / assets | 90.6% | 92.2% | 93.0% | 92.1% | 91.4% | 85.1% | 82.4% | 88.8% | 87.1% | 81.2% | 87.3% | 88.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed August 18, 2026); data from EODHD.
TAYD financial position
At the end of fiscal 2026 (May 31, 2026), Taylor Devices had total assets of $77.7 million (up 8.6% from a year earlier), total liabilities of $4.9 million and shareholders' equity of $72.9 million. Its current ratio was 12.76. In the latest quarter (ended August 31, 2026) total assets were $81.0 million and equity $73.4 million.
Related: TAYD income statement, TAYD cash flow statement, TAYD key metrics. See the TAYD stock overview for the latest quote and news.
TAYD balance sheet FAQ
What are Taylor Devices's total assets?
Taylor Devices reported total assets of $77.7 million at the end of fiscal 2026 (May 31, 2026), compared with $71.6 million a year earlier.
How much cash does Taylor Devices have?
Taylor Devices held $41.5 million in cash and short-term investments at the end of fiscal 2026.
What is Taylor Devices's book value?
Taylor Devices's shareholders' equity (book value) was $72.9 million at the end of fiscal 2026, or $23.15 per share.
What is Taylor Devices's current ratio?
Taylor Devices had current assets of $62.4 million and current liabilities of $4.9 million, a current ratio of 12.76 (it can cover its short-term obligations).
How much goodwill does Taylor Devices have?
Taylor Devices carried $0.2 million of goodwill and intangible assets, 0.3% of total assets, at the end of fiscal 2026.