ATA Creativity Global (AACG) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Total Current Assets | 111.44M | 126.54M | 70.18M | 73.24M | 66.64M | 60.27M | 63.69M | 78.76M | 70.44M | 75.47M | 67.11M | 73.09M | 65.26M | 66.28M | 67.02M | 69.4M | 11.83M | 80.34M | 98.05M | 104.41M |
| Cash & Short-Term Investments | 85.29M | 96.81M | 34.67M | 39.41M | 36.52M | 39.39M | 40.11M | 57.59M | 60.17M | 65.51M | 56.85M | 65.64M | 54.98M | 59.86M | 60.52M | 62.41M | 11.19M | 75.23M | 91.36M | 95.57M |
| Cash Only | 85.29M | 96.81M | 34.67M | 39.41M | 36.52M | 39.39M | 40.11M | 57.59M | 60.17M | 65.51M | 56.85M | 65.64M | 54.98M | 59.86M | 60.52M | 62.41M | 11.19M | 75.23M | 91.36M | 95.57M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 298.56K | 298.38K | 298.38K | 2.31M | 17.89M | 1.15M | 1.36M | 1.37M | 4.5M | 296.35K | 612.85K | 429.85K | 5.85M | 332.19K | 405.87K | 352K | 173.06K | 500K | 711.4K | 711.4K |
| Days Sales Outstanding | 0.31 | 0.41 | 2.12 | 16.29 | 8.68 | 1.71 | 2.39 | 5.55 | 2.64 | 0.7 | 1.31 | 6.68 | 3.62 | 0.65 | 1.01 | 0.56 | 0.43 | 1.01 | 1.76 | 3.54 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.68M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | 7.9 | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 25.85M | 0 | 0 | 29 | 2.2M | -110 | -1K | 0 | 410.85K | 9.66M | 0 | 1 | 3.77M | 0 | 0 | 0 | 465.19K | 0 | 0 | 1 |
| Total Non-Current Assets | 297.12M | 335.99M | 374.06M | 384.1M | 390.29M | 399.18M | 400.97M | 389.79M | 378.49M | 390.79M | 399.23M | 402.14M | 409.2M | 406.05M | 415.34M | 424.42M | 67.75M | 443.71M | 449.07M | 450.41M |
| Property, Plant & Equipment | 62.82M | 69.02M | 66.28M | 72.46M | 74.61M | 79.88M | 75.16M | 67.4M | 53.63M | 61.96M | 66.32M | 66.78M | 70.38M | 66.87M | 72.32M | 76.35M | 12.38M | 84.59M | 79.98M | 78.97M |
| Fixed Asset Turnover | 1.35x | 0.99x | 0.81x | 0.76x | 1.31x | 0.87x | 0.73x | 0.80x | 1.45x | 0.93x | 0.54x | 0.62x | 1.14x | 0.75x | 0.46x | 0.95x | 1.50x | 0.67x | 0.46x | 0.47x |
| Goodwill | 162.48M | 196.29M | 196.29M | 196.29M | 196.29M | 196.29M | 196.29M | 196.29M | 196.29M | 196.29M | 196.29M | 196.29M | 196.29M | 194.75M | 194.75M | 194.75M | 30.56M | 194.75M | 194.75M | 194.75M |
| Intangible Assets | 32.5M | 34.49M | 37.37M | 41.8M | 46.24M | 50.67M | 55.1M | 54.58M | 58.89M | 63.19M | 67.5M | 71.81M | 76.12M | 80.43M | 84.86M | 89.22M | 14.65M | 97.66M | 101.97M | 106.28M |
| Long-Term Investments | 0 | 0 | 38M | 38M | 38M | 38M | 38M | 38M | 38M | 38M | 38M | 38M | 38M | 38M | 38M | 38M | 5.96M | 38M | 44M | 44M |
| Other Non-Current Assets | 39.31M | 36.19M | 35.44M | 35.55M | 35.16M | 34.34M | 36.41M | 33.52M | 31.69M | 31.35M | 31.11M | 29.26M | 28.42M | 25.99M | 25.41M | 26.09M | 4.2M | 26.04M | 25.83M | 26.4M |
| Total Assets | 408.56M | 462.53M | 444.24M | 457.34M | 456.93M | 459.45M | 464.66M | 468.55M | 448.94M | 466.26M | 466.34M | 475.23M | 474.46M | 472.33M | 482.36M | 493.81M | 79.58M | 524.05M | 547.12M | 554.81M |
| Asset Turnover | 0.20x | 0.15x | 0.12x | 0.12x | 0.22x | 0.15x | 0.11x | 0.10x | 0.18x | 0.13x | 0.08x | 0.09x | 0.17x | 0.11x | 0.07x | 0.15x | 0.24x | 0.10x | 0.07x | 0.07x |
| Asset Growth % | -10.59% | 0.67% | -4.39% | -2.39% | 1.78% | -1.46% | -0.36% | -1.41% | -5.38% | -1.29% | -3.32% | -3.76% | 496.23% | -9.87% | -11.84% | -10.99% | -86.18% | -15.43% | -9.25% | -16.49% |
| Total Current Liabilities | 344.8M | 386.13M | 374.19M | 371.71M | 354.5M | 370.99M | 359.78M | 345.06M | 314.4M | 337.81M | 327.72M | 316.82M | 292.54M | 298.68M | 290.95M | 274.27M | 42.05M | 281.81M | 281.44M | 277.8M |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 16.31M | 32.06M | 16.03M | 13.03M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.72M | 0 | 0 | 6.01M |
| Deferred Revenue (Current) | 271.95M | 0 | 294.62M | 289.32M | 280.04M | 300.27M | 290.4M | 278.49M | 252.15M | 272.87M | 0 | 0 | 219.72M | 237.73M | 227.06M | 208.69M | 31.77M | 223.14M | 224.38M | 0 |
| Other Current Liabilities | 56.53M | 292.41M | 0 | 0 | 33.95M | 0 | 0 | 0 | 28.14M | 0 | 261.5M | 244.39M | 29.44M | 0 | 0 | 0 | 4.47M | 0 | 0 | 207.84M |
| Current Ratio | 0.32x | 0.33x | 0.19x | 0.20x | 0.19x | 0.16x | 0.18x | 0.23x | 0.22x | 0.22x | 0.20x | 0.23x | 0.22x | 0.22x | 0.23x | 0.25x | 0.28x | 0.29x | 0.35x | 0.38x |
| Quick Ratio | 0.32x | 0.33x | 0.19x | 0.20x | 0.19x | 0.16x | 0.18x | 0.23x | 0.22x | 0.22x | 0.20x | 0.23x | 0.22x | 0.22x | 0.23x | 0.25x | 0.28x | 0.29x | 0.35x | 0.38x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 31.76M | 17.58M | 14.23M | 19.24M | 22.79M | 22.24M | 24.67M | 27.35M | 21.56M | 24.93M | 28.42M | 32.13M | 38.41M | 31.15M | 38.09M | 44.87M | 7.58M | 48.11M | 45.42M | 49.12M |
| Long-Term Debt | 15.04M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 14.63M | 17.58M | 14.23M | 16.96M | 17.12M | 19.99M | 19.69M | 18.67M | 9.5M | 13.69M | 16.84M | 16.63M | 19.53M | 16.16M | 19.39M | 22.11M | 3.67M | 26.93M | 22.81M | 22.87M |
| Deferred Tax Liabilities | 2.09M | 0 | 0 | 2.28M | 5.67M | 2.24M | 4.98M | 0 | 12.07M | 11.24M | 0 | 0 | 18.88M | 15M | 18.7M | 22.77M | 3.91M | 21.17M | 22.62M | 0 |
| Other Non-Current Liabilities | 7 | 0 | 0 | 0 | 0 | 0 | 0 | 8.68M | 12.07M | 0 | 11.58M | 15.49M | 18.88M | 0 | 0 | 0 | 0 | 0 | 0 | 26.26M |
| Total Liabilities | 376.55M | 403.71M | 388.43M | 390.95M | 377.28M | 393.23M | 384.45M | 372.42M | 335.97M | 362.74M | 356.15M | 348.94M | 330.95M | 329.83M | 329.03M | 319.15M | 49.62M | 329.92M | 326.86M | 326.92M |
| Total Debt | 45.98M | 65.88M | 45.55M | 46.91M | 35.21M | 39.65M | 38.9M | 35.01M | 22.61M | 29.78M | 33.37M | 33.4M | 36.45M | 31.83M | 36.68M | 39.56M | 6.39M | 45.1M | 39.87M | 45.39M |
| Net Debt | -39.31M | -30.93M | 10.87M | 7.5M | -1.32M | 254.71K | -1.21M | -22.58M | -37.56M | -35.72M | -23.48M | -32.23M | -18.53M | -28.03M | -23.84M | -22.86M | -4.8M | -30.14M | -51.49M | -50.18M |
| Debt / Equity | 1.44x | 1.12x | 0.82x | 0.71x | 0.44x | 0.60x | 0.49x | 0.36x | 0.20x | 0.29x | 0.30x | 0.26x | 0.25x | 0.22x | 0.24x | 0.23x | 0.21x | 0.23x | 0.18x | 0.20x |
| Debt / EBITDA | 1.84x | - | - | - | 1.53x | - | - | - | 1.60x | - | - | - | 3.46x | - | - | - | 0.74x | - | - | - |
| Net Debt / EBITDA | -1.57x | - | - | - | -0.06x | - | - | - | -2.65x | - | - | - | -1.76x | - | - | - | -0.56x | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 32M | 58.82M | 55.81M | 66.39M | 79.65M | 66.22M | 80.2M | 96.13M | 112.97M | 103.52M | 110.19M | 126.29M | 143.51M | 142.5M | 153.33M | 174.67M | 29.95M | 194.13M | 220.25M | 227.89M |
| Equity Growth % | -59.82% | -11.18% | -30.41% | -30.93% | -29.5% | -36.03% | -27.21% | -23.88% | -21.28% | -27.36% | -28.13% | -27.7% | 379.13% | -26.6% | -30.39% | -23.36% | -87.91% | -36.83% | -25.07% | -30.8% |
| Book Value per Share | 2.03 | 3.97 | 3.52 | 4.18 | 5.06 | 4.20 | 5.09 | 6.21 | 7.34 | 6.85 | 6.91 | 7.97 | 8.54 | 9.04 | 9.73 | 11.02 | 1.88 | 12.45 | 13.08 | 15.80 |
| Total Shareholders' Equity | 32.07M | 58.89M | 55.88M | 66.46M | 79.71M | 66.29M | 80.27M | 96.19M | 113.04M | 103.88M | 109.77M | 125.85M | 143.1M | 139.82M | 150.9M | 172.11M | 29.46M | 190.15M | 216.08M | 178.28M |
| Common Stock | 4.78M | 4.76M | 4.76M | 4.76M | 4.76M | 4.73M | 4.73M | 4.73M | 4.73M | 4.72M | 4.72M | 4.72M | 4.72M | 4.72M | 4.72M | 4.72M | 740.61K | 4.72M | 4.72M | 4.72M |
| Retained Earnings | -476.16M | -449.55M | -451.92M | -441.15M | -427.81M | -441.05M | -426.39M | -409.64M | -391.71M | -400.26M | -393.01M | -375.8M | -358.05M | -360.07M | -348.08M | -326.01M | -48.66M | -307.61M | -281.41M | -318.94M |
| Treasury Stock | -8.21M | -8.2M | -8.2M | -8.2M | -8.2M | -8.2M | -8.2M | -8.2M | -8.2M | -8.2M | -8.2M | -8.51M | -8.63M | -8.78M | -9.27M | -9.58M | -1.54M | -10.04M | -10.28M | -10.76M |
| Accumulated OCI | -37.47M | -36.84M | -36.95M | -36.94M | -36.95M | -37.07M | -36.97M | -36.99M | -37M | -36.93M | -36.91M | -37.05M | -37M | -36.9M | -37.24M | -37.59M | -5.89M | -37.43M | -37.47M | -37.33M |
| Minority Interest | -64.33K | -64.28K | -64.28K | -64.28K | -64.26K | -64.23K | -64.21K | -64.19K | -64.16K | -362.49K | 416.95K | 434.16K | 414.86K | 2.68M | 2.43M | 2.55M | 491.18K | 3.98M | 4.18M | 49.62M |