Red Cat Balance Sheet
NASDAQ: RCATTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Red Cat financial position
At the end of fiscal 2025, Red Cat reported total assets of $273.7 million, up 463.8% from a year earlier against total liabilities of $27.8 million. Shareholders' equity stood at $245.8 million, or 89.8% of assets. The company held $167.9 million in cash and equivalents against $350,000 of debt, a net cash position of $167.5 million.
The current ratio (current assets divided by current liabilities) was 15.29, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.00.
Summary generated from market data by MetaCap's automated system. Methodology
Red Cat balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-04-30 | FY 20232023-04-30 | FY 20222022-07-31 | FY 20222022-04-30 | FY 20212021-04-30 | FY 20202020-04-30 | FY 20192019-04-30 | FY 20182018-12-31 | FY 20172017-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 167.87M | 6.07M | 3.17M | 6.25M | 4.08M | 277.35K | 236.67K | 503.44K | 5.79K | 559.24K |
| Short-Term Investments | — | — | 12.81M | — | — | — | — | — | — | — |
| Receivables | 26.16M | 4.36M | 719.86K | 929.87K | 495.51K | 321.69K | — | — | 938 | 38 |
| Inventory | 23.45M | 8.01M | 8.92M | 4.58M | 3.90M | 362.07K | 78.65K | — | — | — |
| Total Current Assets | 226.94M | 22.40M | 32.18M | 51.18M | 55.65M | 1.64M | 318.34K | 603.44K | 211.05K | 690.52K |
| Property, Plant & Equipment | 7.80M | 2.34M | 2.65M | 1.03M | 511.69K | — | — | — | 0 | 26.13K |
| Goodwill | 17.67M | 9.09M | 17.01M | 25.14M | 25.14M | 8.02M | 2.47M | — | 0 | — |
| Intangible Assets | 6.92M | 3.79M | 6.89M | 2.64M | 2.70M | 2.03M | 20.00K | — | — | — |
| Total Assets | 273.68M | 48.54M | 60.74M | 80.97M | 85.08M | 11.69M | 2.81M | 603.44K | 211.05K | 750.15K |
| Accounts Payable | 3.62M | 1.58M | 1.39M | 937.36K | 1.02M | 541.90K | 249.05K | 20.89K | 0 | 144.66K |
| Short-Term Debt | 350.00K | 751.57K | 922.14K | 882.10K | 956.90K | 269.05K | — | — | — | 57.40K |
| Total Current Liabilities | 14.85M | 3.65M | 4.05M | 4.55M | 5.44M | 4.67M | 829.27K | 790.71K | 68.63K | 2.41M |
| Long-Term Debt | — | — | 401.57K | 835.72K | 973.71K | — | — | — | — | — |
| Total Liabilities | 27.84M | 4.97M | 5.98M | 6.06M | 5.99M | 6.43M | 1.28M | 790.71K | 68.63K | 2.61M |
| Shareholders' Equity | 245.83M | 43.56M | 54.77M | 74.91M | 79.09M | 5.27M | 1.53M | -187.27K | 142.43K | -4.42K |
| Retained Earnings | -196.82M | -81.13M | -57.08M | -31.31M | -27.50M | -15.81M | -2.57M | -971.82K | -642.13K | -2.74M |
| Total Debt | 350.00K | 751.57K | 1.32M | 1.72M | 1.93M | 269.05K | — | — | — | 57.40K |
| Net Cash (Debt) | 167.51M | 5.32M | 14.66M | 4.53M | 2.15M | 8.30K | 236.67K | 503.44K | 5.79K | 501.84K |
| Shares Outstanding | 120.07M | 74.29M | 54.57M | 53.82M | 53.75M | 29.43M | 20.01M | 179.29K | 215.15M | 47.27M |
This table shows 10 annual periods of Red Cat's balance sheet, from FY 2025 back to FY 2017, across 19 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow RCAT's reporting calendar. What is a balance sheet?