BT Brands, Inc. (BTBD) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | 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 |
|---|
| Total Current Assets | 5.24M | 5.9M | 6.63M | 5.55M | 4.46M | 5M | 5.73M | 5.91M | 6.7M | 7.23M | 7.46M | 7.48M | 7.38M | 8.86M | 8.08M | 9.06M | 11.49M | 12.56M | 2.25M | 1.84M |
| Cash & Short-Term Investments | 3.64M | 4.44M | 4.74M | 3.53M | 3.82M | 4.27M | 5.06M | 5.23M | 6.13M | 6.69M | 6.91M | 6.94M | 6.87M | 8.14M | 7.82M | 8.82M | 11.33M | 12.39M | 2.08M | 1.72M |
| Cash Only | 1.01M | 846.17K | 1.28M | 560.07K | 1.07M | 1.95M | 3.09M | 3.74M | 4.67M | 5.3M | 5.55M | 5.7M | 5.49M | 2.15M | 7.17M | 8.3M | 11.07M | 12.39M | 2.08M | 1.72M |
| Short-Term Investments | 2.63M | 3.6M | 3.46M | 2.97M | 2.75M | 2.32M | 1.97M | 1.5M | 1.46M | 1.39M | 1.37M | 1.23M | 1.38M | 5.99M | 653.4K | 527.75K | 254.1K | 0 | 0 | 0 |
| Accounts Receivable | 105.26K | 54.51K | 795.69K | 725.55K | 35.43K | 69.46K | 49.39K | 28.31K | 13.26K | 28.74K | 55.2K | 35.41K | 14.6K | 76.95K | 57.6K | 36.07K | 15.83K | 72.25K | 31.75K | 31.75K |
| Days Sales Outstanding | 2.58 | 14.75 | 17.96 | 9.16 | 1.44 | 1.74 | 0.81 | 0.46 | 0.6 | 1.27 | 1.03 | 0.57 | 1.37 | 2.03 | 1.06 | 0.67 | 1.98 | 2.51 | 1.27 | 0.69 |
| Inventory | 0 | 230.44K | 563.64K | 539.48K | 238.25K | 272.6K | 289.2K | 300.15K | 226.22K | 201.33K | 192.99K | 191.21K | 173.01K | 158.35K | 150.81K | 146.89K | 97.85K | 79.51K | 69.44K | 70.49K |
| Days Inventory Outstanding | - | 17.23 | 20.35 | 13.49 | 9.4 | 9.71 | 8.22 | 7.68 | 7.3 | 6.95 | 5.91 | 5.49 | 6.11 | 6.27 | 4.61 | 4.47 | 6.2 | 5.12 | 4.1 | 4.11 |
| Other Current Assets | 1.49M | 1.17M | 534.33K | 757.64K | 366.24K | 386.37K | 339.69K | 351.77K | 336.57K | 306K | 296.2K | 258.75K | 258.75K | 446.52K | 0 | 53.46K | 0 | 0 | 66.37K | 20.43K |
| Total Non-Current Assets | 4.74M | 4.85M | 5.31M | 5.66M | 6.55M | 7M | 7.95M | 8.12M | 7.3M | 7.38M | 7.45M | 7.67M | 7.77M | 7.91M | 7.85M | 6.86M | 3.92M | 1.94M | 1.89M | 1.94M |
| Property, Plant & Equipment | 3.58M | 3.72M | 4.17M | 4.11M | 4.71M | 5.07M | 5.49M | 5.63M | 4.96M | 5.04M | 5.33M | 5.17M | 5.21M | 5.75M | 5.1M | 4.37M | 3.29M | 1.59M | 1.55M | 1.59M |
| Fixed Asset Turnover | 0.78x | 0.66x | 0.93x | 0.86x | 0.66x | 0.60x | 0.78x | 0.78x | 0.64x | 0.58x | 0.76x | 0.77x | 0.56x | 0.55x | 0.85x | 0.92x | 0.85x | 1.18x | 1.46x | 1.49x |
| Goodwill | 796.22K | 796.22K | 796.22K | 796.22K | 796.22K | 796.22K | 796.22K | 796.22K | 671.22K | 671.22K | 671.22K | 671.22K | 671.22K | 671.22K | 488.43K | 488.43K | 200K | 0 | 0 | 0 |
| Intangible Assets | 291.2K | 305.27K | 319.34K | 331.71K | 348.17K | 367.8K | 423.2K | 442.83K | 368.97K | 395.11K | 400.77K | 411.71K | 439.26K | 453.98K | 545.5K | 425K | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 403.73K | 170.14K | 304.44K | 851.52K | 873.02K | 928.31K | 1.02M | 1.12M | 1.22M | 1.31M | 1.37M | 1.43M | 1.55M | 304K | 75K | 0 | 0 |
| Other Non-Current Assets | 74.14K | 21.17K | 21.14K | 19.43K | 521.54K | 461.54K | 37.54K | 43.65K | 48.78K | 49.2K | -209.12K | 50.05K | 141.48K | -395.62K | 280.41K | -24.98K | 37.55K | 273.81K | 348.95K | 349.38K |
| Total Assets | 9.98M | 10.75M | 11.94M | 11.22M | 11M | 12M | 13.68M | 14.03M | 14M | 14.61M | 14.91M | 15.15M | 15.16M | 16.77M | 15.92M | 15.93M | 15.41M | 14.51M | 4.14M | 3.78M |
| Asset Turnover | 0.27x | 0.23x | 0.33x | 0.34x | 0.28x | 0.25x | 0.31x | 0.29x | 0.22x | 0.20x | 0.27x | 0.26x | 0.19x | 0.18x | 0.25x | 0.22x | 0.14x | 0.20x | 0.58x | 0.65x |
| Asset Growth % | -9.32% | -10.43% | -12.73% | -20.06% | -21.41% | -17.88% | -8.26% | -7.39% | -7.62% | -12.88% | -6.36% | -4.91% | -1.68% | 15.61% | 284.53% | 321.46% | 338.7% | 328% | 17.58% | 12.23% |
| Total Current Liabilities | 1.27M | 1.22M | 974.9K | 1.19M | 968.33K | 1.44M | 1.46M | 1.49M | 1.42M | 1.55M | 1.29M | 1.54M | 1.17M | 2.13M | 1.24M | 1.39M | 1.17M | 925.31K | 1.08M | 945.28K |
| Accounts Payable | 327.05K | 245.23K | 185.37K | 434.38K | 280.26K | 612.06K | 588.97K | 612.59K | 629.5K | 555.25K | 431.19K | 639.23K | 400.71K | 448.61K | 354.49K | 498.26K | 403.33K | 291.97K | 419.01K | 398.3K |
| Days Payables Outstanding | 9.65 | 9.34 | 11.43 | 12.39 | 16.42 | 20.76 | 16.76 | 18.13 | 20.22 | 17.38 | 16.46 | 15.67 | 15.67 | 16.28 | 13.19 | 16.47 | 24.32 | 24.45 | 23.96 | 25.2 |
| Short-Term Debt | 548.38K | 191.53K | 203.65K | 191.44K | 156.57K | 185.01K | 186.62K | 427.21K | 171.78K | 299.23K | 164.87K | 164.87K | 166.24K | 958.99K | 169.5K | 171.36K | 171.36K | 169.91K | 178.61K | 174.35K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 28.73K | 32.83K | 38.42K | 22.74K | 0 | 23.82K | 26.84K | 19.7K | 11.41K | 0 | 0 | 26.24K | 29.3K | 23.62K | 10.04K | 0 | 0 |
| Other Current Liabilities | 398.43K | 322.89K | 284.76K | 2.42K | 15.24K | 17.66K | 17.66K | -57.36K | 17.66K | 136.8K | 76.8K | 85.14K | 0 | 0 | 76.8K | 76.8K | 24.66K | 24.66K | 24.66K | 26.66K |
| Current Ratio | 4.11x | 4.84x | 6.80x | 4.67x | 4.60x | 3.46x | 3.94x | 3.96x | 4.74x | 4.66x | 5.79x | 4.85x | 6.31x | 4.15x | 6.51x | 6.53x | 9.84x | 13.58x | 2.08x | 1.95x |
| Quick Ratio | 4.11x | 4.65x | 6.23x | 4.22x | 4.36x | 3.28x | 3.74x | 3.76x | 4.58x | 4.53x | 5.64x | 4.73x | 6.16x | 4.08x | 6.39x | 6.42x | 9.76x | 13.49x | 2.02x | 1.88x |
| Cash Conversion Cycle | - | 22.64 | 26.88 | 10.25 | -5.58 | -9.31 | -7.73 | -9.99 | -12.33 | -9.16 | -9.52 | -9.61 | -8.19 | -7.98 | -7.53 | -11.33 | -16.14 | -16.82 | -18.59 | -20.4 |
| Total Non-Current Liabilities | 3.02M | 3.11M | 3.24M | 3.24M | 3.37M | 3.59M | 3.72M | 3.83M | 3.79M | 3.87M | 3.98M | 4M | 4.19M | 4.48M | 4.1M | 3.82M | 3.47M | 2.95M | 3.18M | 3.19M |
| Long-Term Debt | 1.85M | 1.9M | 3.24M | 1.99M | 2.07M | 2.09M | 2.15M | 2.2M | 2.24M | 2.27M | 2.33M | 2.37M | 2.42M | 2.66M | 2.7M | 2.75M | 2.79M | 2.83M | 3.01M | 3.04M |
| Capital Lease Obligations | 1.17M | 1.21M | 1.31M | 1.25M | 1.3M | 1.5M | 1.57M | 1.63M | 1.55M | 1.6M | 1.65M | 1.63M | 1.77M | 1.83M | 1.35M | 1.02M | 582.12K | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 51.51K | 94K | 119K | 176K | 146K |
| Other Non-Current Liabilities | 0 | 0 | -1.31M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 51.51K | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 4.3M | 4.33M | 4.21M | 4.43M | 4.34M | 5.03M | 5.18M | 5.32M | 5.2M | 5.42M | 5.27M | 5.55M | 5.36M | 6.62M | 5.34M | 5.2M | 4.63M | 3.88M | 4.26M | 4.14M |
| Total Debt | 3.57M | 3.66M | 5.05M | 3.62M | 3.71M | 4.05M | 4.17M | 4.52M | 4.17M | 4.38M | 4.36M | 4.45M | 4.55M | 5.64M | 4.44M | 4.07M | 3.58M | 3M | 3.18M | 3.22M |
| Net Debt | 2.55M | 2.81M | 3.78M | 3.06M | 2.64M | 2.1M | 1.08M | 785.77K | -493.42K | -915.5K | -1.18M | -1.25M | -946.31K | 3.49M | -2.73M | -4.22M | -7.5M | -9.38M | 1.1M | 1.5M |
| Debt / Equity | 0.63x | 0.57x | 0.65x | 0.53x | 0.56x | 0.58x | 0.49x | 0.52x | 0.47x | 0.48x | 0.45x | 0.46x | 0.46x | 0.56x | 0.42x | 0.38x | 0.33x | 0.28x | - | - |
| Debt / EBITDA | - | - | 7.85x | 52.02x | - | - | 43.11x | - | - | - | 17.08x | 39.43x | - | - | 24.47x | 38.72x | 22.60x | 41.98x | 7.60x | 7.24x |
| Net Debt / EBITDA | - | - | 5.86x | 43.97x | - | - | 11.21x | - | - | - | -4.64x | -11.07x | - | - | -15.03x | -40.18x | -47.34x | -131.18x | 2.64x | 3.37x |
| Interest Coverage | -10.86x | -54.03x | 56.84x | 3.81x | -14.30x | -43.89x | -9.35x | -2.66x | -19.49x | -23.06x | 0.85x | -10.72x | -5.73x | -18.23x | - | -3.40x | 3.15x | 0.96x | 10.90x | 4.32x |
| Total Equity | 5.68M | 6.42M | 7.72M | 6.78M | 6.67M | 6.97M | 8.5M | 8.71M | 8.8M | 9.19M | 9.64M | 9.6M | 9.8M | 10.15M | 10.58M | 10.73M | 10.78M | 10.63M | -119.06K | -354.88K |
| Equity Growth % | -14.74% | -7.85% | -9.17% | -22.08% | -24.22% | -24.2% | -11.79% | -9.34% | -10.2% | -9.49% | -8.88% | -10.47% | -9.12% | -4.48% | 8987.4% | 3122.68% | 1999.79% | 1613.35% | 79.51% | 57.51% |
| Book Value per Share | 0.92 | 1.04 | 1.25 | 1.10 | 1.08 | 1.13 | 1.38 | 1.40 | 1.41 | 1.47 | 1.54 | 1.54 | 1.56 | 1.57 | 1.64 | 1.66 | 1.67 | 2.63 | -0.03 | -0.09 |
| Total Shareholders' Equity | 5.68M | 6.42M | 7.72M | 6.78M | 6.67M | 6.97M | 8.5M | 8.71M | 8.8M | 9.19M | 9.64M | 9.6M | 9.8M | 10.15M | 10.58M | 10.73M | 10.78M | 10.63M | -119.06K | -354.88K |
| Common Stock | 12.31K | 12.31K | 12.31K | 12.31K | 12.31K | 12.31K | 12.34K | 12.39K | 12.49K | 12.49K | 12.49K | 12.49K | 12.49K | 12.79K | 12.92K | 12.92K | 12.92K | 12.89K | 8.1K | 8.1K |
| Retained Earnings | -5.8M | -5.05M | -3.72M | -4.64M | -4.69M | -4.36M | -2.79M | -2.57M | -2.5M | -2.05M | -1.54M | -1.54M | -1.3M | -1.16M | -824.77K | -649.86K | -557.59K | -600.24K | -624.82K | -860.65K |
| Treasury Stock | -499.72K | -499.72K | -499.72K | -499.72K | -499.72K | -499.72K | -470.84K | -433K | -357.11K | -357.11K | -356.81K | -356.81K | -356.81K | -106.88K | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |