CPI Aerostructures, Inc. (CVU) 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 | 45.97M | 43.41M | 41.79M | 39.32M | 41.12M | 43.59M | 43.37M | 44.08M | 43.87M | 46.91M | 45.13M | 45.19M | 46.79M | 43.2M | 44.55M | 42.6M | 41.17M | 43.28M | 42.94M | 42.64M |
| Cash & Short-Term Investments | 1M | 899.2K | 546.59K | 674.48K | 1.87M | 5.49M | 1.71M | 1.94M | 3.02M | 5.09M | 2.61M | 3.08M | 4M | 3.85M | 4.63M | 2.63M | 2.93M | 6.31M | 3.11M | 2.6M |
| Cash Only | 1M | 899.2K | 546.59K | 674.48K | 1.87M | 5.49M | 1.71M | 1.94M | 3.02M | 5.09M | 2.61M | 3.08M | 4M | 3.85M | 4.63M | 2.63M | 2.93M | 6.31M | 3.11M | 2.6M |
| 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 | 41.19M | 5.76M | 40.1M | 37.08M | 37.65M | 36.55M | 40.23M | 40.45M | 39.04M | 39.7M | 40.19M | 39.62M | 39.49M | 35.88M | 36.2M | 35.88M | 34.12M | 32.32M | 34.2M | 33.96M |
| Days Sales Outstanding | 121.71 | 108.67 | 184.24 | 224 | 216.79 | 162.26 | 191.12 | 173.8 | 187.77 | 156.38 | 179.99 | 175.18 | 154.05 | 137.71 | 164.17 | 168.3 | 148.49 | 116.11 | 131.18 | 146.45 |
| Inventory | 725.91K | 800.82K | 593.61K | 1.03M | 897.52K | 918.29K | 1.05M | 1.13M | 1.28M | 1.44M | 1.65M | 1.92M | 2.33M | 2.49M | 3.11M | 3.59M | 3.7M | 4.03M | 4.98M | 5.28M |
| Days Inventory Outstanding | 5.33 | 4.14 | 4.98 | 6.03 | 5.94 | 5.2 | 6.61 | 7 | 7.96 | 7.32 | 9.84 | 12.14 | 12.52 | 12.76 | 20.72 | 21.71 | 20.82 | 17.62 | 23.31 | 26.22 |
| Other Current Assets | 3.06M | 35.94M | 552.59K | 541.08K | 705.68K | 634.53K | 377.86K | 563.15K | 532.46K | -40K | 670.3K | 565.71K | 969.12K | 975.83K | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 31.33M | 31.84M | 32.27M | 32.93M | 24.24M | 24.39M | 25.51M | 26.13M | 26.88M | 30.01M | 14.13M | 14.89M | 15.51M | 16.25M | 10.08M | 10.5M | 11.08M | 11.73M | 6.72M | 7.43M |
| Property, Plant & Equipment | 9.58M | 9.93M | 10.44M | 10.86M | 3.1M | 3.62M | 4.15M | 4.6M | 5.02M | 5.53M | 6.06M | 6.6M | 7.12M | 7.65M | 7.99M | 8.33M | 8.89M | 9.44M | 4.63M | 5.29M |
| Fixed Asset Turnover | 1.78x | 1.91x | 1.81x | 2.17x | 4.58x | 5.60x | 4.44x | 4.33x | 3.62x | 4.05x | 3.22x | 3.00x | 2.98x | 3.08x | 2.48x | 2.20x | 2.20x | 3.75x | 4.82x | 3.97x |
| Goodwill | 1.78M | 1.78M | 1.78M | 1.78M | 1.78M | 1.78M | 1.78M | 1.78M | 1.78M | 1.78M | 1.78M | 1.78M | 1.78M | 1.78M | 1.78M | 1.78M | 1.78M | 1.78M | 1.78M | 1.78M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31.25K | 62.5K | 93.75K | 125K | 156.25K | 187.5K |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 346.83K | 229.69K | 127.62K | 132.95K | 138.28K | 143.62K | 151.08K | 162.8K | 174.53K | 189.77K | 212.05K | 234.33K | 227.24K | 238.74K | 282.3K | 325.85K | 306.57K | 372.74K | 150.44K | 166.33K |
| Total Assets | 77.31M | 75.24M | 74.06M | 72.26M | 65.36M | 67.98M | 68.89M | 70.22M | 70.76M | 76.93M | 59.26M | 60.08M | 62.3M | 59.45M | 54.64M | 53.11M | 52.25M | 55.01M | 49.66M | 50.07M |
| Asset Turnover | 0.23x | 0.26x | 0.26x | 0.22x | 0.23x | 0.32x | 0.28x | 0.30x | 0.26x | 0.35x | 0.34x | 0.34x | 0.36x | 0.42x | 0.37x | 0.36x | 0.38x | 0.50x | 0.48x | 0.43x |
| Asset Growth % | 18.27% | 10.68% | 7.5% | 2.9% | -7.62% | -11.63% | 16.25% | 16.87% | 13.58% | 29.4% | 8.46% | 13.14% | 19.24% | 8.07% | 10.01% | 6.06% | -1.15% | 18.27% | 4.15% | 5.63% |
| Total Current Liabilities | 23.24M | 23.02M | 25.95M | 26.26M | 26.17M | 26.47M | 27.06M | 27.85M | 28.7M | 31.51M | 29.95M | 30.7M | 33.05M | 30.3M | 30.93M | 30.92M | 29.65M | 31.1M | 29.82M | 34.68M |
| Accounts Payable | 16.53M | 14.72M | 16.49M | 15.18M | 14.5M | 11.1M | 14.99M | 14.53M | 11.86M | 10.49M | 13.06M | 11.73M | 10.81M | 8.03M | 12.77M | 11.29M | 11.81M | 10.43M | 13M | 13.55M |
| Days Payables Outstanding | 109.2 | 92.77 | 97.36 | 93.02 | 83.76 | 68.91 | 89.35 | 76.52 | 65.5 | 55.8 | 68.32 | 64.35 | 48.86 | 47.37 | 74.44 | 68.85 | 59.91 | 45.84 | 60.32 | 69.54 |
| Short-Term Debt | 1.72M | 187.5K | 1.5M | 3M | 2.75M | 2.75M | 2.76M | 2.64M | 2.16M | 2.4M | 2.4M | 2.86M | 3.02M | 2.92M | 2.59M | 3.33M | 3.35M | 3.37M | 3.37M | 8.17M |
| Deferred Revenue (Current) | 0 | 0 | 1.99M | 1.9M | 1.96M | 2.43M | 611.67K | 2.48M | 4.5M | 5.94M | 6.67M | 8.61M | 7.49M | 6M | 5.04M | 5.03M | 3.37M | 5.12M | 2.54M | 1.53M |
| Other Current Liabilities | 4.79M | 6.53M | 4.54M | 4.8M | 98.53K | 22.83K | 803.34K | 59.92K | 133.21K | 9.47M | 371.63K | 250.52K | 4.06M | 4.18M | 4.24M | 4.52M | 4.69M | 4.5M | 4.5M | 5.04M |
| Current Ratio | 1.98x | 1.89x | 1.61x | 1.50x | 1.57x | 1.65x | 1.60x | 1.58x | 1.53x | 1.49x | 1.51x | 1.47x | 1.42x | 1.43x | 1.44x | 1.38x | 1.39x | 1.39x | 1.44x | 1.23x |
| Quick Ratio | 1.95x | 1.85x | 1.59x | 1.46x | 1.54x | 1.61x | 1.56x | 1.54x | 1.48x | 1.44x | 1.45x | 1.41x | 1.34x | 1.34x | 1.34x | 1.26x | 1.26x | 1.26x | 1.27x | 1.08x |
| Cash Conversion Cycle | 17.84 | 20.04 | 91.86 | 137 | 138.98 | 98.56 | 108.39 | 104.28 | 130.24 | 107.89 | 121.5 | 122.97 | 117.71 | 103.09 | 110.44 | 121.16 | 109.39 | 87.89 | 94.17 | 103.13 |
| Total Non-Current Liabilities | 26.78M | 26.42M | 23.11M | 22.23M | 14.26M | 15.58M | 16.89M | 18.26M | 19.52M | 23.33M | 22.01M | 22.52M | 23.73M | 24.95M | 26.45M | 26.87M | 27.93M | 29.24M | 24.83M | 25.95M |
| Long-Term Debt | 18.81M | 18.06M | 14.39M | 13.14M | 13.89M | 14.64M | 15.39M | 16.2M | 16.91M | 17.64M | 18.36M | 18.4M | 19.13M | 19.87M | 21.1M | 21.26M | 21.9M | 22.79M | 23.69M | 24.35M |
| Capital Lease Obligations | 7.97M | 8.35M | 8.72M | 9.09M | 374.57K | 938.42K | 1.5M | 2.06M | 2.58M | 3.13M | 3.65M | 4.16M | 4.65M | 5.08M | 5.45M | 5.73M | 6.2M | 6.45M | 1.14M | 1.61M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.57M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26.48K | 0 | 0 | -41.48K | -48.75K | 0 | -100.38K | -129.32K | -159.25K | 0 | 0 | 0 |
| Total Liabilities | 50.03M | 49.44M | 49.07M | 48.48M | 40.43M | 42.05M | 43.95M | 46.1M | 48.22M | 54.85M | 51.96M | 53.23M | 56.78M | 55.25M | 57.38M | 57.79M | 57.59M | 60.34M | 54.64M | 60.63M |
| Total Debt | 28.5M | 28.04M | 26.02M | 26.61M | 19.24M | 20.52M | 21.77M | 23M | 23.75M | 25.21M | 26.43M | 27.31M | 28.62M | 29.69M | 30.77M | 31.84M | 32.88M | 34.18M | 30.06M | 35.97M |
| Net Debt | 27.5M | 27.14M | 25.47M | 25.93M | 17.37M | 15.03M | 20.06M | 21.07M | 20.73M | 20.12M | 23.83M | 24.22M | 24.62M | 25.84M | 26.14M | 29.21M | 29.95M | 27.87M | 26.95M | 33.37M |
| Debt / Equity | 1.04x | 1.09x | 1.04x | 1.12x | 0.77x | 0.79x | 0.87x | 0.95x | 1.05x | 1.14x | 3.62x | 3.98x | 5.18x | 7.07x | - | - | - | - | - | - |
| Debt / EBITDA | 12.76x | 124.80x | 11.92x | - | - | 9.33x | 10.60x | 6.82x | 25.28x | 15.14x | 20.51x | 14.27x | 14.98x | 24.26x | 11.17x | 28.07x | 70.14x | 432.58x | 26.09x | 30.36x |
| Net Debt / EBITDA | 12.31x | 120.80x | 11.67x | - | - | 6.83x | 9.76x | 6.24x | 22.07x | 12.08x | 18.48x | 12.66x | 12.89x | 21.11x | 9.49x | 25.76x | 63.89x | 352.74x | 23.39x | 28.16x |
| Interest Coverage | 6.27x | 3.06x | 4.52x | -6.90x | -2.43x | 4.19x | 2.58x | 3.98x | 1.33x | 2.42x | 1.76x | 3.32x | 2.94x | 1.34x | 3.58x | 2.19x | 0.90x | -0.51x | 3.51x | 3.13x |
| Total Equity | 27.28M | 25.81M | 24.99M | 23.77M | 24.93M | 25.93M | 24.94M | 24.12M | 22.53M | 22.08M | 7.3M | 6.86M | 5.52M | 4.2M | -2.74M | -4.69M | -5.34M | -5.34M | -4.98M | -10.56M |
| Equity Growth % | 9.43% | -0.48% | 0.2% | -1.43% | 10.64% | 17.44% | 241.7% | 251.74% | 308.23% | 426.13% | 366.06% | 246.29% | 203.32% | 178.67% | 44.91% | 55.61% | 53.17% | 58.91% | 48.44% | 0.51% |
| Book Value per Share | 2.09 | 2.01 | 1.95 | 1.86 | 1.96 | 2.00 | 1.96 | 1.92 | 1.78 | 1.73 | 0.57 | 0.54 | 0.44 | 0.34 | -0.22 | -0.37 | -0.43 | -0.43 | -0.40 | -0.86 |
| Total Shareholders' Equity | 27.28M | 25.81M | 24.99M | 23.77M | 24.93M | 25.93M | 24.94M | 24.12M | 22.53M | 22.08M | 7.3M | 6.86M | 5.52M | 4.2M | -2.74M | -4.69M | -5.34M | -5.34M | -4.98M | -10.56M |
| Common Stock | 13.19K | 13.15K | 12.99K | 12.98K | 13.01K | 12.98K | 12.93K | 12.96K | 12.78K | 12.77K | 12.76K | 12.73K | 12.53K | 12.51K | 12.32K | 12.45K | 12.38K | 12.34K | 12.3K | 12.27K |
| Retained Earnings | -48.11M | -49.35M | -50.04M | -51.15M | -49.83M | -48.5M | -49.48M | -50.23M | -51.64M | -51.8M | -66.56M | -66.86M | -68.02M | -69M | -75.84M | -77.7M | -78.21M | -78.18M | -77.72M | -83.15M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |