Top Wealth Group Holding Limited (TWG) Balance Sheet
TWG balance sheet, FY2026
June 30, 2026 · U.S. dollars$3.8M assets = $214,684 liabilities + $3.6M equity
Both columns are drawn to the same scale: what TWG owns equals what it owes plus shareholders’ equity. Hover a block for its value.
TWG financial health
Descriptive bands, not a rating. Fiscal FY2026.
TWG balance sheet trends, FY2022–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $339,748FY2022 | $3.8MFY2026 | +82.7%/yr | |
| Total liabilities | $386,680FY2022 | $214,684FY2026 | −13.7%/yr | |
| Shareholders’ equity | −$46,932FY2022 | $3.6MFY2026 | — | |
| Cash & short-term investments | $1,385FY2022 | $306,694FY2026 | +285.8%/yr | |
| Total debt | $349,719FY2022 | $29,947FY2026 | −45.9%/yr | |
| Net cash (debt) | −$348,334FY2022 | $276,747FY2026 | +$625,081 | |
| Working capital | −$133,645FY2022 | $2.0MFY2026 | +$2.2M | |
| Debt / equity | 0.03FY2023 | 0.01FY2026 | −0.02 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
TWG assets
TWG liabilities and equity
TWG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
TWG balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & short-term investments | $306,694 | $42,380 | $134,350 | $217,384 | $1,385 |
| Cash & equivalents | $306,694 | $42,380 | $134,350 | $217,384 | $1,385 |
| Short-term investments | — | — | $117,145 | — | — |
| Receivables | $1.3M | $1.6M | $6.0M | $40,248 | $561 |
| Inventory | $455,560 | $0 | $153,209 | $2.1M | $249,327 |
| Other current assets | $228,367 | $2.2M | $869,480 | $649,831 | $0 |
| Total current assets | $2.2M | $3.8M | $7.1M | $3.0M | $251,273 |
| Property, plant & equipment (net) | $20,373 | $72,658 | $174,959 | $439,273 | $10,592 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1.5M | $15.9M | $44,248 | $13,725 | $77,883 |
| Total assets | $3.8M | $19.8M | $7.3M | $3.4M | $339,748 |
| Liabilities | |||||
| Accounts payable | $60,673 | $0 | $0 | $200,608 | $0 |
| Short-term debt | $25,421 | $140,564 | $818,314 | $53,313 | $347,957 |
| Deferred revenue | — | — | −$992,270 | $47,460 | — |
| Total current liabilities | $210,158 | $1.2M | $2.4M | $902,554 | $384,918 |
| Long-term debt | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $85,919 | $0 | $40,421 | $71,076 | $22,343 |
| Other long-term liabilities | $4,526 | $0 | $0 | $17,763 | $1,762 |
| Total liabilities | $214,684 | $1.2M | $2.4M | $920,317 | $386,680 |
| Shareholders' equity | |||||
| Common stock & paid-in capital | $1,843 | $5,600 | $2,700 | $2,700 | $2,700 |
| Retained earnings (deficit) | $703,970 | $2.3M | $4.3M | $1.9M | −$46,945 |
| Accumulated other comprehensive income | — | — | — | $0 | — |
| Total shareholders' equity | $3.6M | $18.6M | $5.0M | $2.5M | −$46,932 |
| Key figures | |||||
| Total debt | $29,947 | $140,564 | $818,314 | $71,076 | $349,719 |
| Net cash (debt) | $276,747 | −$98,184 | −$683,964 | $146,308 | −$348,334 |
| Working capital | $2.0M | $2.6M | $4.7M | $2.1M | −$133,645 |
| Tangible book value | $3.6M | $18.6M | $5.0M | $2.5M | −$46,932 |
| Current ratio | 10.66 | 3.25 | 2.98 | 3.30 | 0.65 |
| Quick ratio | 7.41 | 1.38 | 2.55 | 0.29 | 0.01 |
| Debt / equity | 0.01 | 0.01 | 0.17 | 0.03 | — |
| Equity / assets | 94.3% | 94.1% | 67.4% | 73.2% | −13.8% |
| Jun '26 | Mar '26 | Dec '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $37,650 | $306,694 | $2.4M | $1,735 | $42,380 | $42,380 | $42,380 | $4,984 | $134,350 | $134,350 | $134,350 | $180,573 |
| Cash & equivalents | $37,650 | $306,694 | $2.4M | $13,621 | $42,380 | $42,380 | $42,380 | $4,984 | $134,350 | $134,350 | $134,350 | $180,573 |
| Receivables | $1.9M | $1.3M | $9.2M | $688,140 | $1.6M | $1.6M | $1.6M | $2.7M | $6.0M | $6.0M | $6.0M | $805,037 |
| Inventory | $1.1M | $455,560 | $3.5M | $0 | $0 | $0 | $0 | $1.7M | $153,209 | $153,209 | $153,209 | $4.0M |
| Other current assets | $1.2M | $228,367 | $2.3M | $197,000 | $2.2M | $2.2M | $2.2M | $8.8M | $869,480 | $869,480 | $869,480 | $586,096 |
| Total current assets | $4.3M | $2.2M | $17.4M | $886,875 | $3.8M | $3.8M | $3.8M | $13.2M | $7.1M | $7.1M | $7.1M | $5.6M |
| Property, plant & equipment (net) | $13,510 | $20,373 | $158,577 | $72,658 | $72,658 | $72,658 | $72,658 | $80,317 | $174,959 | $174,959 | $174,959 | $333,216 |
| Goodwill & intangible assets | $6.3M | $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 | $1.5M | $1.5M | $11.8M | $1.9M | $15.9M | $15.9M | $15.9M | $136,819 | $44,248 | $44,248 | $44,248 | $26,230 |
| Total assets | $12.1M | $3.8M | $29.4M | $2.8M | $19.8M | $19.8M | $19.8M | $13.4M | $7.3M | $7.3M | $7.3M | $5.9M |
| Liabilities | ||||||||||||
| Accounts payable | $123,634 | $60,673 | $472,255 | — | — | $0 | — | — | — | $0 | — | $195,352 |
| Short-term debt | $20,364 | $25,421 | — | $314,259 | $140,564 | — | $140,564 | $377,128 | $818,314 | $818,314 | $978,403 | $668,884 |
| Total current liabilities | $246,970 | $210,158 | $1.6M | $145,769 | $1.2M | $1.2M | $1.2M | $1.8M | $2.4M | $2.4M | $2.4M | $2.0M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $47,283 | — | $85,919 | — | — | $0 | — | $7,659 | — | $40,421 | — | $81,849 |
| Other long-term liabilities | $4,492 | $4,526 | $35,231 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7,648 |
| Total liabilities | $251,462 | $214,684 | $1.7M | $145,769 | $1.2M | $1.2M | $1.2M | $1.8M | $2.4M | $2.4M | $2.4M | $2.0M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $26,252 | $1,843 | — | $5,600 | $5,600 | — | $5,600 | $2,900 | $2,700 | $2,700 | $2,700 | $2,700 |
| Retained earnings (deficit) | $1.1M | $703,970 | $5.5M | $4.7M | $2.3M | $2.3M | $2.3M | $3.8M | $4.3M | $4.3M | $4.3M | $3.3M |
| Total shareholders' equity | $11.9M | $3.6M | $27.8M | $21.0M | $18.6M | $18.6M | $18.6M | $11.7M | $5.0M | $5.0M | $5.0M | $4.0M |
| Key figures | ||||||||||||
| Total debt | $24,856 | $29,947 | — | $314,259 | $140,564 | — | $140,564 | $377,128 | $818,314 | $818,314 | $978,403 | $676,532 |
| Net cash (debt) | $12,794 | $276,747 | — | −$312,524 | −$98,184 | — | −$98,184 | −$372,144 | −$683,964 | −$683,964 | −$844,053 | −$495,959 |
| Working capital | $4.1M | $2.0M | $15.8M | $741,106 | $2.6M | $2.6M | $2.6M | $11.5M | $4.7M | $4.7M | $4.7M | $3.6M |
| Tangible book value | $5.6M | $3.6M | $27.8M | $21.0M | $18.6M | $18.6M | $18.6M | $11.7M | $5.0M | $5.0M | $5.0M | $4.0M |
| Book value per share | $0.52 | — | — | — | — | — | $0.46 | — | — | $0.18 | $0.18 | — |
| Shares outstanding | 22.7M | — | — | — | — | — | 40.7M | — | — | 27.0M | 27.0M | — |
| Current ratio | 17.44 | 10.66 | 10.66 | 6.08 | 3.25 | 3.25 | 3.25 | 7.54 | 2.98 | 2.98 | 2.98 | 2.84 |
| Quick ratio | 7.79 | 7.41 | 7.11 | 4.73 | 1.38 | 1.38 | 1.38 | 1.57 | 2.55 | 2.55 | 2.55 | 0.50 |
| Debt / equity | 0.00 | 0.01 | — | 0.01 | 0.01 | — | 0.01 | 0.03 | 0.17 | 0.17 | 0.20 | 0.17 |
| Equity / assets | 97.9% | 94.3% | 94.3% | 744.5% | 94.1% | 94.1% | 94.1% | 87.0% | 67.4% | 67.4% | 67.4% | 66.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed May 15, 2026); data from EODHD.
TWG financial position
At the end of fiscal 2026 (June 30, 2026), Top Wealth had total assets of $3.8 million (down 80.9% from a year earlier), total liabilities of $0.2 million and shareholders' equity of $3.6 million. It held $0.3 million in cash and short-term investments against $0.0 million of debt, a net cash position of $0.3 million. Its current ratio was 10.66.
Related: TWG income statement, TWG cash flow statement, TWG key metrics. See the TWG stock overview for the latest quote and news.
TWG balance sheet FAQ
What are Top Wealth's total assets?
Top Wealth reported total assets of $3.8 million at the end of fiscal 2026 (June 30, 2026), compared with $19.8 million a year earlier.
How much debt does Top Wealth have?
Top Wealth had $0.0 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.01.
How much cash does Top Wealth have?
Top Wealth held $0.3 million in cash and short-term investments at the end of fiscal 2026; with $0.0 million of debt that is net cash of $0.3 million.
What is Top Wealth's book value?
Top Wealth's shareholders' equity (book value) was $3.6 million at the end of fiscal 2026.
What is Top Wealth's current ratio?
Top Wealth had current assets of $2.2 million and current liabilities of $0.2 million, a current ratio of 10.66 (it can cover its short-term obligations).