Vera Bradley, Inc. (VRA) Balance Sheet
VRA balance sheet, FY2026
February 28, 2026 · U.S. dollars$234.0M assets = $102.4M liabilities + $131.6M equity
Both columns are drawn to the same scale: what VRA owns equals what it owes plus shareholders’ equity. Hover a block for its value.
VRA financial health
Descriptive bands, not a rating. Fiscal FY2026.
VRA balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $373.5MFY2017 | $234.0MFY2026 | −5.1%/yr | |
| Total liabilities | $89.7MFY2017 | $102.4MFY2026 | +1.5%/yr | |
| Shareholders’ equity | $283.8MFY2017 | $131.6MFY2026 | −8.2%/yr | |
| Cash & short-term investments | $116.5MFY2017 | $18.5MFY2026 | −18.5%/yr | |
| Total debt | $135.1MFY2020 | $70.5MFY2026 | −10.3%/yr | |
| Net cash (debt) | −$76.2MFY2020 | −$52.0MFY2026 | +$24.2M | |
| Working capital | $193.1MFY2017 | $69.3MFY2026 | −$123.8M | |
| Book value per share | $7.68FY2017 | $4.58FY2026 | −5.6%/yr | |
| Current ratio | 4.09FY2017 | 2.37FY2026 | −1.72 | |
| Debt / equity | 0.44FY2020 | 0.54FY2026 | +0.09 | |
| Shares outstanding | 37.0MFY2017 | 28.8MFY2026 | −2.8%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
VRA assets
VRA liabilities and equity
VRA debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
VRA balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $18.5M | $28.6M | $77.3M | $46.6M | $88.4M | $65.5M | $58.9M | $132.9M | $122.9M | $116.5M |
| Cash & equivalents | $18.5M | $28.6M | $77.3M | $46.6M | $88.4M | $64.2M | $49.9M | $113.5M | $68.8M | $86.4M |
| Short-term investments | — | — | — | — | $0 | $1.3M | $9.0M | $19.4M | $54.1M | $30.2M |
| Receivables | $17.6M | $14.4M | $17.6M | $23.4M | $30.1M | $34.9M | $25.3M | $16.4M | $20.0M | $26.5M |
| Inventory | $76.0M | $91.4M | $118.3M | $142.3M | $144.9M | $141.4M | $123.6M | $91.6M | $87.8M | $102.3M |
| Other current assets | $7.6M | $30.4M | $12.8M | $14.3M | $15.9M | $17.9M | $11.0M | $11.6M | $11.3M | $10.2M |
| Total current assets | $119.7M | $164.9M | $226.0M | $226.6M | $279.3M | $259.7M | $218.8M | $252.5M | $242.0M | $255.6M |
| Property, plant & equipment (net) | $109.6M | $127.4M | $120.7M | $136.6M | $139.8M | $152.7M | $187.8M | $78.0M | $86.5M | $101.6M |
| Goodwill & intangible assets | $0 | $0 | $7.6M | $15.9M | $88.5M | $91.5M | $100.6M | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $14.9M | $23.7M | $15.5M | $0 |
| Other non-current assets | $4.7M | $14.4M | $26.5M | $25.4M | $9.9M | $9.9M | $13.0M | $8.0M | $6.7M | $16.4M |
| Total assets | $234.0M | $306.7M | $380.8M | $404.5M | $517.5M | $513.8M | $535.1M | $362.1M | $350.7M | $373.5M |
| Liabilities | ||||||||||
| Accounts payable | $16.2M | $17.2M | $14.2M | $20.4M | $30.5M | $27.1M | $20.2M | $14.6M | $13.5M | $32.6M |
| Short-term debt | $18.6M | $19.0M | $18.5M | $19.7M | $18.7M | $22.3M | $21.3M | — | — | — |
| Deferred revenue | $1.6M | −$19.9M | −$15.0M | $21.5M | $3.9M | $4.1M | $27.4M | $1.6M | $5.4M | $13.5M |
| Total current liabilities | $50.5M | $58.0M | $58.3M | $67.7M | $78.1M | $77.4M | $87.4M | $43.6M | $40.3M | $62.5M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $70.5M | $89.6M | $81.0M | $94.4M | $99.6M | $113.9M | $135.1M | — | — | — |
| Other long-term liabilities | $51.9M | $69.7M | $62.6M | $74.8M | $81.1M | $91.6M | $113.8M | $23.9M | $25.1M | $27.2M |
| Total liabilities | $102.4M | $127.7M | $120.9M | $142.4M | $159.1M | $169.1M | $201.2M | $67.4M | $65.4M | $89.7M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | — | — | — | — | — | — | — | — | $91.2M | $88.7M |
| Retained earnings (deficit) | $172.4M | $220.3M | $282.5M | $274.6M | $334.4M | $316.5M | $307.4M | $292.0M | $270.8M | $263.8M |
| Treasury stock | — | — | — | — | — | — | −$104.2M | −$92.8M | −$76.6M | −$68.7M |
| Accumulated other comprehensive income | −$132,000 | −$19,000 | −$72,000 | −$105,000 | −$29,000 | $8,000 | $158,000 | −$24,000 | −$114,000 | −$50,000 |
| Minority interest | — | — | $0 | $10.7M | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $131.6M | $179.0M | $259.9M | $251.4M | $327.4M | $314.9M | $303.8M | $294.7M | $285.3M | $283.8M |
| Key figures | ||||||||||
| Total debt | $70.5M | $85.3M | $81.0M | $94.4M | $99.6M | $113.9M | $135.1M | — | — | — |
| Net cash (debt) | −$52.0M | −$56.7M | −$3.7M | −$47.8M | −$11.1M | −$48.4M | −$76.2M | — | — | — |
| Working capital | $69.3M | $106.9M | $167.7M | $158.9M | $201.2M | $182.3M | $131.4M | $208.9M | $201.7M | $193.1M |
| Tangible book value | $131.6M | $179.0M | $252.4M | $235.5M | $239.0M | $223.4M | $203.2M | $294.7M | $285.3M | $283.8M |
| Book value per share | $4.58 | $6.18 | $8.30 | $7.98 | $9.51 | $9.29 | $8.86 | $8.31 | $7.92 | $7.68 |
| Shares outstanding | 28.8M | 28.9M | 31.3M | 31.5M | 34.4M | 33.9M | 34.3M | 35.5M | 36.0M | 37.0M |
| Current ratio | 2.37 | 2.84 | 3.88 | 3.35 | 3.58 | 3.35 | 2.50 | 5.80 | 6.01 | 4.09 |
| Quick ratio | 0.72 | 0.74 | 1.63 | 1.03 | 1.52 | 1.30 | 0.96 | 3.43 | 3.55 | 2.29 |
| Debt / equity | 0.54 | 0.48 | 0.31 | 0.38 | 0.30 | 0.36 | 0.44 | — | — | — |
| Equity / assets | 56.3% | 58.4% | 68.3% | 62.1% | 63.3% | 61.3% | 56.8% | 81.4% | 81.4% | 76.0% |
| 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 | $34.2M | $12.5M | $18.5M | $10.7M | $15.2M | $11.3M | $28.6M | $13.7M | $44.1M | $55.2M | $77.3M | $52.3M |
| Cash & equivalents | $34.2M | $12.5M | $18.5M | $10.7M | $15.2M | $11.3M | $28.6M | $13.7M | $44.1M | $55.2M | $77.3M | $52.3M |
| Receivables | $13.0M | $17.6M | $17.6M | $19.4M | $17.4M | $14.9M | $14.4M | $28.2M | $31.6M | $21.7M | $17.6M | $27.0M |
| Inventory | $69.3M | $73.0M | $76.0M | $82.9M | $96.7M | $99.2M | $91.4M | $131.3M | $133.0M | $125.2M | $118.3M | $129.1M |
| Other current assets | $9.3M | $8.3M | $7.6M | $9.3M | $11.2M | $10.2M | $30.4M | $11.5M | $14.7M | $16.3M | $12.8M | $13.0M |
| Total current assets | $125.8M | $111.5M | $119.7M | $122.3M | $140.5M | $135.5M | $164.9M | $184.8M | $223.5M | $218.4M | $226.0M | $221.4M |
| Property, plant & equipment (net) | $109.2M | $103.4M | $109.6M | $116.2M | $116.2M | $122.4M | $127.4M | $137.6M | $119.3M | $117.6M | $120.7M | $122.9M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6.2M | $6.2M | $6.8M | $7.6M | $13.7M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $4.3M | $4.3M | $4.7M | $5.1M | $9.5M | $10.0M | $14.4M | $30.4M | $30.2M | $25.8M | $26.5M | $24.8M |
| Total assets | $239.3M | $219.2M | $234.0M | $243.7M | $266.2M | $267.9M | $306.7M | $359.0M | $379.2M | $368.7M | $380.8M | $382.8M |
| Liabilities | ||||||||||||
| Accounts payable | $14.9M | $9.2M | $16.2M | $14.7M | $21.1M | $23.2M | $17.2M | $19.9M | $37.9M | $21.7M | $14.2M | $12.3M |
| Short-term debt | $15.6M | $18.1M | $18.6M | $19.5M | $17.8M | $18.6M | $19.0M | $21.2M | $17.7M | $18.2M | $18.5M | $18.7M |
| Deferred revenue | — | $1.6M | — | — | — | — | −$19.9M | −$21.0M | −$8.3M | $2.2M | $2.6M | $570,000 |
| Total current liabilities | $51.6M | $45.0M | $50.5M | $48.6M | $57.7M | $59.5M | $58.0M | $59.8M | $78.3M | $63.0M | $58.3M | $57.0M |
| Long-term debt | $0 | $0 | $0 | $0 | $10.0M | $10.0M | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | $71.0M | $65.3M | $70.5M | $76.4M | $75.7M | $80.9M | $89.6M | $95.1M | $76.0M | $77.9M | $81.0M |
| Other long-term liabilities | $55.4M | $47.2M | $51.9M | $67.0M | $58.0M | $52.4M | $69.7M | $74.0M | $58.4M | $59.8M | $62.6M | $64.0M |
| Total liabilities | $106.9M | $92.2M | $102.4M | $115.6M | $125.7M | $121.9M | $127.7M | $133.8M | $136.7M | $122.8M | $120.9M | $121.0M |
| Shareholders' equity | ||||||||||||
| Retained earnings (deficit) | $172.1M | $167.6M | $172.4M | $169.8M | $182.1M | $186.8M | $220.3M | $267.3M | $280.1M | $274.3M | $282.5M | $284.3M |
| Accumulated other comprehensive income | −$149,000 | −$144,000 | −$132,000 | −$110,000 | −$127,000 | −$63,000 | −$19,000 | $14,000 | −$72,000 | −$64,000 | −$72,000 | −$74,000 |
| Total shareholders' equity | $132.3M | $127.0M | $131.6M | $128.1M | $140.5M | $146.0M | $179.0M | $225.2M | $242.5M | $245.9M | $259.9M | $261.9M |
| Key figures | ||||||||||||
| Total debt | $71.0M | $65.3M | $70.5M | $86.4M | $85.7M | $80.9M | $85.3M | $95.1M | $76.0M | $77.9M | $81.0M | $82.6M |
| Net cash (debt) | −$36.7M | −$52.8M | −$52.0M | −$75.7M | −$70.5M | −$69.6M | −$56.7M | −$81.4M | −$31.8M | −$22.7M | −$3.7M | −$30.3M |
| Working capital | $74.3M | $66.5M | $69.3M | $73.7M | $82.7M | $76.0M | $106.9M | $125.0M | $145.1M | $155.4M | $167.7M | $164.4M |
| Tangible book value | $132.3M | $127.0M | $131.6M | $128.1M | $140.5M | $146.0M | $179.0M | $219.0M | $236.3M | $239.1M | $252.4M | $248.2M |
| Book value per share | $4.41 | $4.52 | $4.58 | $4.58 | $5.03 | $5.26 | $6.46 | $8.02 | $8.13 | $8.02 | $8.43 | $8.36 |
| Shares outstanding | 30.0M | 28.1M | 28.8M | 27.9M | 27.9M | 27.8M | 27.7M | 28.1M | 29.8M | 30.7M | 30.8M | 31.3M |
| Current ratio | 2.44 | 2.48 | 2.37 | 2.52 | 2.43 | 2.28 | 2.84 | 3.09 | 2.85 | 3.47 | 3.88 | 3.89 |
| Quick ratio | 0.92 | 0.67 | 0.72 | 0.62 | 0.56 | 0.44 | 0.74 | 0.70 | 0.97 | 1.22 | 1.63 | 1.39 |
| Debt / equity | 0.54 | 0.51 | 0.54 | 0.67 | 0.61 | 0.55 | 0.48 | 0.42 | 0.31 | 0.32 | 0.31 | 0.32 |
| Equity / assets | 55.3% | 57.9% | 56.3% | 52.6% | 52.8% | 54.5% | 58.4% | 62.7% | 64.0% | 66.7% | 68.3% | 68.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 27, 2026); data from EODHD.
VRA financial position
At the end of fiscal 2026 (February 28, 2026), Vera Bradley had total assets of $234.0 million (down 23.7% from a year earlier), total liabilities of $102.4 million and shareholders' equity of $131.6 million. It held $18.5 million in cash and short-term investments against $70.5 million of debt, net debt of $52.0 million. Its current ratio was 2.37. In the latest quarter (ended August 31, 2026) total assets were $239.3 million and equity $132.3 million.
Related: VRA income statement, VRA cash flow statement, VRA key metrics. See the VRA stock overview for the latest quote and news.
VRA balance sheet FAQ
What are Vera Bradley's total assets?
Vera Bradley reported total assets of $234.0 million at the end of fiscal 2026 (February 28, 2026), compared with $306.7 million a year earlier.
How much debt does Vera Bradley have?
Vera Bradley had $70.5 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.54.
How much cash does Vera Bradley have?
Vera Bradley held $18.5 million in cash and short-term investments at the end of fiscal 2026; with $70.5 million of debt that is net debt of $52.0 million.
What is Vera Bradley's book value?
Vera Bradley's shareholders' equity (book value) was $131.6 million at the end of fiscal 2026, or $4.58 per share.
What is Vera Bradley's current ratio?
Vera Bradley had current assets of $119.7 million and current liabilities of $50.5 million, a current ratio of 2.37 (it can cover its short-term obligations).