Energy Fuels Inc. (UUUU) Balance Sheet
UUUU balance sheet, 2025
December 31, 2025 · U.S. dollars$1.41B assets = $729.3M liabilities + $682.6M equity
Both columns are drawn to the same scale: what UUUU owns equals what it owes plus shareholders’ equity. Hover a block for its value.
UUUU financial health
Descriptive bands, not a rating. Fiscal 2025.
UUUU balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $196.5M2016 | $1.41B2025 | +24.5%/yr | |
| Total liabilities | $58.6M2016 | $729.3M2025 | +32.3%/yr | |
| Shareholders’ equity | $134.1M2016 | $678.4M2025 | +19.7%/yr | |
| Cash & short-term investments | $16.9M2016 | $861.8M2025 | +54.8%/yr | |
| Total debt | $29.6M2016 | $675.7M2025 | +41.6%/yr | |
| Net cash (debt) | −$12.7M2016 | $186.2M2025 | +$198.8M | |
| Working capital | $24.0M2016 | $927.4M2025 | +$903.4M | |
| Book value per share | $2.382016 | $2.922025 | +2.3%/yr | |
| Debt / equity | 0.222016 | 1.002025 | +0.78 | |
| Shares outstanding | 56.4M2016 | 232.7M2025 | +17.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
UUUU assets
UUUU liabilities and equity
UUUU debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
UUUU balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $861.8M | $119.5M | $190.5M | $75.0M | $113.0M | $22.4M | $17.6M | $41.7M | $18.6M | $16.9M |
| Cash & equivalents | $64.7M | $38.6M | $57.4M | $62.8M | $112.5M | $20.2M | $12.8M | $14.6M | $18.6M | $16.9M |
| Short-term investments | $797.1M | $80.9M | $133.0M | $12.2M | $494,000 | $2.2M | $4.8M | $27.1M | $1.0M | — |
| Receivables | $18.0M | $37.8M | $816,000 | $519,000 | $4.0M | $1.2M | $1.3M | $1.2M | $1.3M | $364,000 |
| Inventory | $73.5M | $66.5M | $38.9M | $38.2M | $30.8M | $27.6M | $22.8M | $16.6M | $16.6M | $16.8M |
| Other current assets | $5.3M | $6.5M | $2.5M | $21.9M | $1.6M | $1.3M | $1.5M | $1.4M | $6.8M | $2.1M |
| Total current assets | $958.7M | $230.2M | $232.7M | $135.6M | $149.3M | $52.5M | $43.2M | $60.9M | $43.2M | $36.1M |
| Property, plant & equipment (net) | $69.8M | $55.2M | $146.9M | $97.6M | $105.9M | $107.8M | $110.7M | $113.4M | $116.6M | $130.2M |
| Goodwill & intangible assets | $4.4M | $4.8M | $0 | $0 | $0 | $0 | $0 | $0 | $2.5M | $5.8M |
| Long-term investments | $37.8M | $15.9M | $1.4M | $20.9M | $38.5M | $779,000 | $654,000 | $1.1M | $903,000 | $1.1M |
| Other non-current assets | $341.3M | $305.9M | $21.0M | $19.9M | $21.7M | $22.2M | $21.2M | $21.4M | $22.1M | $23.2M |
| Total assets | $1.41B | $612.0M | $401.9M | $273.9M | $315.4M | $183.2M | $175.7M | $196.8M | $185.3M | $196.5M |
| Liabilities | ||||||||||
| Accounts payable | $5.3M | $7.5M | $1.0M | $3.7M | $3.0M | $483,000 | $2.0M | $1.9M | $762,000 | $1.1M |
| Short-term debt | — | $693,000 | $199,000 | $59,000 | $324,000 | $289,000 | $17.2M | $2.7M | $3.4M | $6.3M |
| Deferred revenue | $3.0M | $813,000 | $332,000 | — | — | $3.0M | — | $2.7M | $2.5M | $2.3M |
| Total current liabilities | $31.2M | $59.3M | $10.4M | $18.6M | $6.1M | $12.3M | $22.6M | $8.9M | $9.9M | $12.1M |
| Long-term debt | $675.7M | $0 | $0 | $0 | $0 | $0 | $0 | $15.9M | $24.1M | $23.2M |
| Lease obligations | — | $2.2M | $1.3M | $1.4M | $469,000 | $758,000 | $1.0M | — | — | $0 |
| Other long-term liabilities | $22.4M | $21.0M | $12.4M | $10.9M | $13.8M | $13.4M | $22.5M | $27.2M | $24.1M | $23.3M |
| Total liabilities | $729.3M | $80.3M | $22.7M | $29.5M | $19.9M | $25.7M | $45.1M | $51.9M | $58.1M | $58.6M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.17B | $937.9M | $733.5M | $698.5M | $685.9M | $549.3M | $494.0M | $469.3M | $430.4M | $412.3M |
| Retained earnings (deficit) | −$489.7M | −$404.0M | −$356.3M | −$456.1M | −$396.3M | −$397.8M | −$370.0M | −$332.1M | −$309.3M | −$281.5M |
| Accumulated other comprehensive income | −$2.9M | −$6.1M | −$1.9M | −$1.9M | $1.9M | $2.3M | $3.0M | $3.8M | $2.3M | $3.3M |
| Minority interest | $4.2M | $3.9M | $4.0M | $4.0M | $4.0M | $3.7M | $3.7M | $3.8M | $3.9M | $3.7M |
| Total shareholders' equity | $678.4M | $527.8M | $375.2M | $240.4M | $291.6M | $153.8M | $126.9M | $144.9M | $123.4M | $134.1M |
| Key figures | ||||||||||
| Total debt | $675.7M | $2.2M | $1.3M | $1.4M | $469,000 | $758,000 | $17.9M | $18.6M | $27.5M | $29.6M |
| Net cash (debt) | $186.2M | $117.3M | $189.2M | $73.6M | $112.5M | $21.7M | −$264,000 | $23.1M | −$8.9M | −$12.7M |
| Working capital | $927.4M | $170.9M | $222.3M | $117.0M | $143.2M | $40.2M | $20.5M | $52.0M | $33.3M | $24.0M |
| Tangible book value | $674.0M | $523.0M | $375.2M | $240.4M | $291.6M | $153.8M | $126.9M | $144.9M | $120.9M | $128.3M |
| Book value per share | $2.92 | $3.07 | $2.34 | $1.53 | $1.95 | $1.27 | $1.33 | $1.74 | $1.74 | $2.38 |
| Shares outstanding | 232.7M | 172.0M | 160.2M | 157.3M | 149.7M | 121.2M | 95.7M | 83.5M | 70.9M | 56.4M |
| Current ratio | 30.69 | 3.88 | 22.46 | 7.28 | 24.42 | 4.26 | 1.91 | 6.87 | 4.36 | 2.98 |
| Quick ratio | 28.17 | 2.65 | 18.47 | 4.06 | 19.13 | 1.92 | 0.83 | 4.84 | 2.00 | 1.43 |
| Debt / equity | 1.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.14 | 0.13 | 0.22 | 0.22 |
| Equity / assets | 48.1% | 86.2% | 93.4% | 87.8% | 92.4% | 83.9% | 72.2% | 73.6% | 66.6% | 68.3% |
| 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 | $936.8M | $910.7M | $861.8M | $235.3M | $197.9M | $162.6M | $119.5M | $148.6M | $171.2M | $195.6M | $190.5M | $125.2M |
| Cash & equivalents | $58.4M | $108.4M | $64.7M | $94.0M | $71.5M | $73.0M | $38.6M | $47.5M | $24.6M | $54.8M | $57.4M | $54.5M |
| Short-term investments | $878.3M | $802.2M | $797.1M | $141.3M | $126.4M | $89.6M | $80.9M | $101.2M | $146.7M | $140.8M | $133.0M | $70.6M |
| Receivables | $15.1M | $7.6M | $18.0M | $12.1M | $7.8M | $20.4M | $37.8M | $4.9M | $9.5M | $854,000 | $816,000 | $11.5M |
| Inventory | $75.0M | $69.0M | $73.5M | $74.4M | $76.5M | $67.7M | $66.5M | $35.9M | $23.5M | $28.2M | $38.9M | $27.7M |
| Other current assets | $6.2M | $5.4M | $5.3M | $5.2M | $6.7M | $6.2M | $6.5M | $4.5M | $4.0M | $3.2M | $2.5M | $4.5M |
| Total current assets | $1.03B | $992.7M | $958.7M | $326.9M | $288.9M | $256.9M | $230.2M | $193.9M | $208.3M | $227.8M | $232.7M | $168.8M |
| Property, plant & equipment (net) | $402.8M | $70.4M | $69.8M | $62.1M | $351.1M | $340.4M | $333.5M | $44.6M | $165.3M | $153.2M | $146.9M | $138.6M |
| Goodwill & intangible assets | $4.2M | $4.3M | $4.4M | $4.5M | $4.5M | $4.6M | $4.8M | $4.8M | $0 | $0 | $0 | $0 |
| Long-term investments | $60.3M | $41.3M | $37.8M | $32.4M | $30.0M | $21.0M | $15.9M | $12.1M | $3.5M | $1.3M | $1.4M | $26.1M |
| Other non-current assets | $32.8M | $349.9M | $341.3M | $332.4M | $27.9M | $27.9M | $27.6M | $144.9M | $26.3M | $23.0M | $21.0M | $67.8M |
| Total assets | $1.53B | $1.46B | $1.41B | $758.3M | $702.5M | $650.8M | $612.0M | $400.4M | $403.3M | $405.4M | $401.9M | $401.2M |
| Liabilities | ||||||||||||
| Accounts payable | $29.2M | $10.0M | $5.3M | $5.0M | $4.9M | $6.8M | $7.5M | $3.7M | $2.2M | $1.4M | $1.0M | $1.4M |
| Short-term debt | $3.6M | — | — | — | — | — | $693,000 | $228,000 | $218,000 | $209,000 | $199,000 | $190,000 |
| Deferred revenue | — | $3.0M | $3.0M | — | — | — | $813,000 | $600,000 | $600,000 | $332,000 | $332,000 | $332,000 |
| Total current liabilities | $37.0M | $36.1M | $31.2M | $28.4M | $35.7M | $42.3M | $59.3M | $10.8M | $7.4M | $5.5M | $10.4M | $6.3M |
| Long-term debt | $677.7M | $676.7M | $675.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | — | — | — | — | — | $2.2M | $1.2M | $1.2M | $1.3M | $1.3M | $1.4M |
| Other long-term liabilities | $21.7M | $18.6M | $22.4M | $22.3M | $22.0M | $23.1M | $21.0M | $12.9M | $13.3M | $12.6M | $12.4M | $11.6M |
| Total liabilities | $736.4M | $731.3M | $729.3M | $50.8M | $57.7M | $65.4M | $80.3M | $23.7M | $20.7M | $18.1M | $22.7M | $17.9M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.33B | $1.22B | $1.17B | $1.17B | $1.10B | $1.02B | $937.9M | $745.8M | $739.7M | $737.5M | $733.5M | $717.6M |
| Retained earnings (deficit) | −$533.9M | −$500.5M | −$489.7M | −$468.9M | −$452.1M | −$430.3M | −$404.0M | −$371.1M | −$359.0M | −$352.3M | −$356.3M | −$336.2M |
| Accumulated other comprehensive income | $170,000 | −$527,000 | −$2.9M | −$2.4M | −$3.0M | −$6.7M | −$6.1M | −$1.9M | −$1.9M | −$1.9M | −$1.9M | −$1.9M |
| Minority interest | $4.2M | $4.0M | $4.2M | $4.3M | $4.6M | — | — | — | — | — | — | — |
| Total shareholders' equity | $792.6M | $723.3M | $678.4M | $703.2M | $640.2M | $580.8M | $527.8M | $372.7M | $378.7M | $383.3M | $375.2M | $379.5M |
| Key figures | ||||||||||||
| Total debt | $681.9M | $677.5M | $675.7M | — | — | — | $2.2M | $1.2M | $1.2M | $1.3M | $1.3M | $1.4M |
| Net cash (debt) | $254.8M | $233.2M | $186.2M | — | — | — | $117.3M | $147.4M | $170.0M | $194.3M | $189.2M | $123.8M |
| Working capital | $996.0M | $956.6M | $927.4M | $298.5M | $253.2M | $214.6M | $170.9M | $183.2M | $200.9M | $222.3M | $222.3M | $162.5M |
| Tangible book value | $788.3M | $718.9M | $674.0M | $698.8M | $635.6M | $576.2M | $523.0M | $367.9M | $378.7M | $383.3M | $375.2M | $379.5M |
| Book value per share | $3.41 | $3.11 | $2.92 | $3.02 | $2.91 | $2.80 | $3.00 | $2.27 | $2.31 | $2.33 | $2.31 | $2.37 |
| Shares outstanding | 232.7M | 232.7M | 232.7M | 232.7M | 219.8M | 207.7M | 176.0M | 163.9M | 163.7M | 164.6M | 162.7M | 159.8M |
| Current ratio | 27.90 | 27.51 | 30.69 | 11.50 | 8.10 | 6.08 | 3.88 | 18.01 | 28.28 | 41.27 | 22.46 | 26.90 |
| Quick ratio | 25.70 | 25.44 | 28.17 | 8.70 | 5.77 | 4.33 | 2.65 | 14.26 | 24.55 | 35.58 | 18.47 | 21.78 |
| Debt / equity | 0.86 | 0.94 | 1.00 | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity / assets | 51.7% | 49.6% | 48.1% | 92.7% | 91.1% | 89.2% | 86.2% | 93.1% | 93.9% | 94.6% | 93.4% | 94.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 26, 2026); data from EODHD.
UUUU financial position
At the end of fiscal 2025 (December 31, 2025), Energy Fuels had total assets of $1.4 billion (up 130.7% from a year earlier), total liabilities of $729.3 million and shareholders' equity of $678.4 million. It held $861.8 million in cash and short-term investments against $675.7 million of debt, a net cash position of $186.2 million. Its current ratio was 30.69. In the latest quarter (ended June 30, 2026) total assets were $1.5 billion and equity $792.6 million.
Related: UUUU income statement, UUUU cash flow statement, UUUU key metrics. See the UUUU stock overview for the latest quote and news.
UUUU balance sheet FAQ
What are Energy Fuels's total assets?
Energy Fuels reported total assets of $1.4 billion at the end of fiscal 2025 (December 31, 2025), compared with $612.0 million a year earlier.
How much debt does Energy Fuels have?
Energy Fuels had $675.7 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 1.00.
How much cash does Energy Fuels have?
Energy Fuels held $861.8 million in cash and short-term investments at the end of fiscal 2025; with $675.7 million of debt that is net cash of $186.2 million.
What is Energy Fuels's book value?
Energy Fuels's shareholders' equity (book value) was $678.4 million at the end of fiscal 2025, or $2.92 per share.
What is Energy Fuels's current ratio?
Energy Fuels had current assets of $958.7 million and current liabilities of $31.2 million, a current ratio of 30.69 (it can cover its short-term obligations).
How much goodwill does Energy Fuels have?
Energy Fuels carried $4.4 million of goodwill and intangible assets, 0.3% of total assets, at the end of fiscal 2025.