Valor Energy Inc. (VAI) Balance Sheet
VAI balance sheet, FY2026
March 31, 2026 · U.S. dollars$5.3M assets = $7.8M liabilities + −$2.6M equity
Liabilities exceed assets: shareholders’ equity is negative (−$2.6M).
Both columns are drawn to the same scale: what VAI owns equals what it owes plus shareholders’ equity. Hover a block for its value.
VAI financial health
Descriptive bands, not a rating. Fiscal FY2026.
VAI balance sheet trends, FY2023–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $14.2MFY2023 | $5.3MFY2026 | −28.3%/yr | |
| Total liabilities | $6.0MFY2023 | $7.8MFY2026 | +9.2%/yr | |
| Shareholders’ equity | $4.4MFY2023 | −$5.8MFY2026 | — | |
| Cash & short-term investments | $1.6MFY2023 | $3.6MFY2026 | +30.3%/yr | |
| Working capital | −$330,037FY2023 | −$3.7MFY2026 | −$3.4M | |
| Current ratio | 0.94FY2023 | 0.53FY2026 | −0.41 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
VAI assets
VAI liabilities and equity
VAI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
VAI balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | $3.6M | $701,302 | $737,719 | $1.6M |
| Cash & equivalents | $3.6M | $701,302 | $737,719 | $1.6M |
| Receivables | $0 | $8,963 | $22,516 | $210,236 |
| Inventory | $0 | $0 | $0 | $6,678 |
| Other current assets | $529,952 | $1.5M | $1.9M | $3.0M |
| Total current assets | $4.1M | $2.2M | $2.7M | $4.9M |
| Property, plant & equipment (net) | $860,454 | $1.7M | $3.1M | $4.2M |
| Goodwill & intangible assets | $300,000 | $375,000 | $450,029 | $774,324 |
| Long-term investments | $0 | $0 | $0 | $0 |
| Other non-current assets | $5,052 | $1.5M | $3.6M | $4.4M |
| Total assets | $5.3M | $5.8M | $9.9M | $14.2M |
| Liabilities | ||||
| Accounts payable | $103,563 | $124,470 | $106,172 | $215,364 |
| Total current liabilities | $7.8M | $5.2M | $5.3M | $5.2M |
| Long-term debt | $0 | $0 | $71,228 | $0 |
| Lease obligations | $58,023 | $10,365 | $492,583 | $982,188 |
| Other long-term liabilities | $42,943 | $234,364 | $393,042 | $826,112 |
| Total liabilities | $7.8M | $5.5M | $5.8M | $6.0M |
| Shareholders' equity | ||||
| Retained earnings (deficit) | −$50.4M | −$45.1M | −$41.4M | −$37.7M |
| Minority interest | $3.3M | $3.2M | $3.2M | $3.8M |
| Total shareholders' equity | −$5.8M | −$2.9M | $894,901 | $4.4M |
| Key figures | ||||
| Total debt | — | — | $71,228 | — |
| Net cash (debt) | — | — | $666,491 | — |
| Working capital | −$3.7M | −$3.0M | −$2.7M | −$330,037 |
| Tangible book value | −$6.1M | −$3.2M | $444,872 | $3.6M |
| Book value per share | −$1.28 | — | — | — |
| Shares outstanding | 4.6M | — | — | — |
| Current ratio | 0.53 | 0.43 | 0.50 | 0.94 |
| Quick ratio | 0.46 | 0.14 | 0.14 | 0.35 |
| Debt / equity | — | — | 0.08 | — |
| Equity / assets | −111.0% | −49.2% | 9.1% | 30.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & short-term investments | $12.9M | $3.6M | $3.5M | $676,980 | $867,767 | $701,302 |
| Cash & equivalents | $12.9M | $3.6M | $3.5M | $676,980 | $867,767 | $701,302 |
| Receivables | $0 | $0 | $1,213 | $34,351 | $42,942 | $8,963 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $839,563 | $529,952 | $822,198 | $1.4M | $1.4M | $1.5M |
| Total current assets | $13.7M | $4.1M | $4.3M | $2.1M | $2.3M | $2.2M |
| Property, plant & equipment (net) | $762,567 | $860,454 | $1.1M | $1.3M | $1.5M | $1.7M |
| Goodwill & intangible assets | $281,250 | $300,000 | $318,750 | $337,500 | $356,250 | $375,000 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $2,935 | $5,052 | $7,176 | $937,286 | $1.1M | $1.5M |
| Total assets | $14.8M | $5.3M | $5.7M | $4.7M | $5.3M | $5.8M |
| Liabilities | ||||||
| Accounts payable | $102,429 | $103,563 | $102,190 | $153,458 | $173,567 | $124,470 |
| Total current liabilities | $50.1M | $7.8M | $1.9M | $4.8M | $4.8M | $5.2M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $61,515 | $58,023 | $56,506 | $98,998 | $97,364 | $10,365 |
| Other long-term liabilities | $42,943 | $42,943 | $53,154 | $63,617 | $73,539 | $234,364 |
| Total liabilities | $50.1M | $7.8M | $2.0M | $4.8M | $4.9M | $5.5M |
| Shareholders' equity | ||||||
| Retained earnings (deficit) | −$83.1M | −$50.4M | −$47.0M | −$45.9M | −$45.3M | −$45.1M |
| Minority interest | $3.2M | $3.3M | $3.4M | $3.0M | $3.1M | — |
| Total shareholders' equity | −$38.6M | −$5.8M | $397,256 | −$3.1M | −$2.6M | −$2.9M |
| Key figures | ||||||
| Working capital | −$36.3M | −$3.7M | $2.4M | −$2.6M | −$2.5M | −$3.0M |
| Tangible book value | −$38.9M | −$6.1M | $78,506 | −$3.5M | −$3.0M | −$3.2M |
| Book value per share | −$2.65 | −$1.28 | $0.09 | — | — | — |
| Shares outstanding | 14.6M | 4.6M | 4.6M | — | — | — |
| Current ratio | 0.27 | 0.53 | 2.24 | 0.44 | 0.48 | 0.43 |
| Quick ratio | 0.26 | 0.46 | 1.81 | 0.15 | 0.19 | 0.14 |
| Equity / assets | −261.4% | −111.0% | 6.9% | −67.2% | −49.8% | −49.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed —); data from EODHD.
VAI financial position
At the end of fiscal 2026 (March 31, 2026), Valor Energy had total assets of $5.3 million (down 9.4% from a year earlier), total liabilities of $7.8 million and shareholders' equity of -$5.8 million. Its current ratio was 0.53. In the latest quarter (ended June 30, 2026) total assets were $14.8 million and equity -$38.6 million.
Related: VAI income statement, VAI cash flow statement, VAI key metrics. See the VAI stock overview for the latest quote and news.
VAI balance sheet FAQ
What are Valor Energy's total assets?
Valor Energy reported total assets of $5.3 million at the end of fiscal 2026 (March 31, 2026), compared with $5.8 million a year earlier.
How much cash does Valor Energy have?
Valor Energy held $3.6 million in cash and short-term investments at the end of fiscal 2026.
What is Valor Energy's book value?
Valor Energy's shareholders' equity (book value) was -$5.8 million at the end of fiscal 2026, or −$1.28 per share.
What is Valor Energy's current ratio?
Valor Energy had current assets of $4.1 million and current liabilities of $7.8 million, a current ratio of 0.53 (current liabilities exceed current assets).
How much goodwill does Valor Energy have?
Valor Energy carried $0.3 million of goodwill and intangible assets, 5.7% of total assets, at the end of fiscal 2026.