VivoPower PLC (VIVO) Balance Sheet
VIVO balance sheet, FY2024
June 30, 2024 · U.S. dollars$37.4M assets = $78.0M liabilities + −$40.5M equity
Liabilities exceed assets: shareholders’ equity is negative (−$40.5M).
Both columns are drawn to the same scale: what VIVO owns equals what it owes plus shareholders’ equity. Hover a block for its value.
VIVO financial health
Descriptive bands, not a rating. Fiscal FY2024.
VIVO balance sheet trends, FY2021–FY2024
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $76.5MFY2021 | $37.4MFY2024 | −21.2%/yr | |
| Total liabilities | $36.1MFY2021 | $78.0MFY2024 | +29.3%/yr | |
| Shareholders’ equity | $40.4MFY2021 | −$40.5MFY2024 | — | |
| Cash & short-term investments | $8.6MFY2021 | $199,000FY2024 | −71.5%/yr | |
| Total debt | $21.6MFY2021 | $20.9MFY2024 | −1.0%/yr | |
| Net cash (debt) | −$13.0MFY2021 | −$20.7MFY2024 | −$7.7M | |
| Working capital | $11.1MFY2021 | −$36.5MFY2024 | −$47.5M | |
| Current ratio | 1.82FY2021 | 0.33FY2024 | −1.50 | |
| Debt / equity | 0.53FY2021 | 7.52FY2023 | +6.98 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
VIVO assets
VIVO liabilities and equity
VIVO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
VIVO balance sheet
| FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | $199,000 | $553,000 | $1.3M | $8.6M |
| Cash & equivalents | $199,000 | $553,000 | $1.3M | $8.6M |
| Receivables | $0 | $1.6M | $3.9M | $5.0M |
| Inventory | $1.6M | $2.1M | $1.9M | $2.0M |
| Other current assets | $15.8M | $6.0M | $14.6M | $9.0M |
| Total current assets | $17.7M | $10.4M | $21.7M | $24.5M |
| Property, plant & equipment (net) | $439,000 | $3.7M | $3.7M | $2.6M |
| Goodwill & intangible assets | $15.2M | $42.2M | $39.6M | $46.9M |
| Long-term investments | $0 | $66,000 | $0 | $0 |
| Other non-current assets | $4.1M | $5.1M | $4.7M | $2.5M |
| Total assets | $37.4M | $61.4M | $69.7M | $76.5M |
| Liabilities | ||||
| Accounts payable | $11.0M | $7.7M | $5.7M | $4.3M |
| Total current liabilities | $54.1M | $18.9M | $23.3M | $13.4M |
| Long-term debt | $20.9M | $28.2M | $21.5M | $21.6M |
| Lease obligations | $0 | $2.3M | $2.5M | $1.2M |
| Other long-term liabilities | $2.9M | $10.6M | $3.2M | $1.1M |
| Total liabilities | $78.0M | $57.7M | $48.0M | $36.1M |
| Shareholders' equity | ||||
| Retained earnings (deficit) | −$143.0M | −$96.3M | −$71.9M | −$49.9M |
| Minority interest | — | $0 | $0 | — |
| Total shareholders' equity | −$40.5M | $3.7M | $21.6M | $40.4M |
| Key figures | ||||
| Total debt | $20.9M | $28.2M | $21.5M | $21.6M |
| Net cash (debt) | −$20.7M | −$27.6M | −$20.2M | −$13.0M |
| Working capital | −$36.5M | −$8.6M | −$1.6M | $11.1M |
| Tangible book value | −$55.8M | −$38.4M | −$18.0M | −$6.5M |
| Current ratio | 0.33 | 0.55 | 0.93 | 1.82 |
| Quick ratio | 0.00 | 0.12 | 0.22 | 1.01 |
| Debt / equity | — | 7.52 | 0.99 | 0.53 |
| Equity / assets | −108.3% | 6.1% | 31.0% | 52.8% |
| Dec '24 | |
|---|---|
| Assets | |
| Cash & short-term investments | $26,000 |
| Cash & equivalents | $26,000 |
| Receivables | $10.0M |
| Inventory | $1.5M |
| Other current assets | $210,000 |
| Total current assets | $11.8M |
| Property, plant & equipment (net) | $415,000 |
| Goodwill & intangible assets | $0 |
| Long-term investments | $0 |
| Other non-current assets | $19.6M |
| Total assets | $31.9M |
| Liabilities | |
| Accounts payable | $35.2M |
| Total current liabilities | $40.0M |
| Long-term debt | $26.7M |
| Other long-term liabilities | $3.1M |
| Total liabilities | $69.8M |
| Shareholders' equity | |
| Retained earnings (deficit) | −$147.5M |
| Total shareholders' equity | −$37.9M |
| Key figures | |
| Total debt | $26.7M |
| Net cash (debt) | −$26.7M |
| Working capital | −$28.1M |
| Tangible book value | −$37.9M |
| Book value per share | −$4.96 |
| Shares outstanding | 7.6M |
| Current ratio | 0.30 |
| Quick ratio | 0.25 |
| Equity / assets | −119.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed —); data from EODHD.
VIVO financial position
At the end of fiscal 2024 (June 30, 2024), VivoPower had total assets of $37.4 million (down 39.1% from a year earlier), total liabilities of $78.0 million and shareholders' equity of -$40.5 million. It held $0.2 million in cash and short-term investments against $20.9 million of debt, net debt of $20.7 million. Its current ratio was 0.33. In the latest quarter (ended December 31, 2024) total assets were $31.9 million and equity -$37.9 million.
Related: VIVO income statement, VIVO cash flow statement, VIVO key metrics. See the VIVO stock overview for the latest quote and news.
VIVO balance sheet FAQ
What are VivoPower's total assets?
VivoPower reported total assets of $37.4 million at the end of fiscal 2024 (June 30, 2024), compared with $61.4 million a year earlier.
How much debt does VivoPower have?
VivoPower had $20.9 million of total debt at the end of fiscal 2024, including short-term borrowings. Its debt-to-equity ratio was —.
How much cash does VivoPower have?
VivoPower held $0.2 million in cash and short-term investments at the end of fiscal 2024; with $20.9 million of debt that is net debt of $20.7 million.
What is VivoPower's book value?
VivoPower's shareholders' equity (book value) was -$40.5 million at the end of fiscal 2024.
What is VivoPower's current ratio?
VivoPower had current assets of $17.7 million and current liabilities of $54.1 million, a current ratio of 0.33 (current liabilities exceed current assets).
How much goodwill does VivoPower have?
VivoPower carried $15.2 million of goodwill and intangible assets, 40.7% of total assets, at the end of fiscal 2024.