Edap Tms S.a. (EDAP) 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 | 50.36M | 57.16M | 44.35M | 51.48M | 58.47M | 69.88M | 63.94M | 67.33M | 74.09M | 78.48M | 80.27M | 83.42M | 89.17M | 90.52M | 94.03M | 70.85M | 66.56M | 67.38M | 64.67M | 65.37M |
| Cash & Short-Term Investments | 15.01M | 17.41M | 10.57M | 16.27M | 22.82M | 29.84M | 25.48M | 30.21M | 38.44M | 43.47M | 47.72M | 51.33M | 58.31M | 63.14M | 68.33M | 46.33M | 46.5M | 47.18M | 45.41M | 44.96M |
| Cash Only | 15.01M | 17.41M | 10.57M | 16.27M | 22.82M | 29.84M | 25.48M | 30.21M | 38.44M | 43.47M | 47.72M | 51.33M | 58.31M | 63.14M | 68.33M | 46.33M | 46.5M | 47.18M | 45.41M | 44.96M |
| 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 | 20.33M | 22.58M | 19.02M | 18.53M | 16.2M | 20.29M | 16.18M | 18.21M | 17.01M | 16.96M | 16.3M | 18.02M | 17.3M | 14.94M | 15.13M | 15.89M | 11.95M | 12.12M | 10.15M | 11.18M |
| Days Sales Outstanding | 108.02 | 87.54 | 106.5 | 98.49 | 121.11 | 82.56 | 120.76 | 101.49 | 103.69 | 78.02 | 134.53 | 112.54 | 98.06 | 88.01 | 116.55 | 89.52 | 83.34 | 73.32 | 103.97 | 94.28 |
| Inventory | 13.33M | 10.92M | 13.8M | 15.53M | 18.02M | 18.5M | 21M | 17.96M | 17.45M | 15.11M | 15.34M | 13.31M | 12.45M | 11.78M | 9.56M | 7.91M | 7.34M | 7.5M | 8.52M | 8.61M |
| Days Inventory Outstanding | 112.49 | 90.57 | 145.99 | 165.57 | 209 | 161.92 | 225.63 | 163.22 | 173.84 | 126.75 | 173.99 | 135.92 | 124.41 | 115.51 | 111.19 | 87.28 | 92.23 | 94.95 | 135.53 | 125.79 |
| Other Current Assets | 1.69M | 5.15M | 961K | 0 | 0 | -3K | 1.28M | 938K | 1.19M | 2.28M | 0 | 0 | -1K | 0 | -999 | 0 | 1K | -1K | 0 | 0 |
| Total Non-Current Assets | 21.7M | 21.83M | 17.11M | 16.86M | 16.51M | 16.19M | 15.1M | 14.84M | 14.99M | 13.07M | 12.99M | 11.91M | 11.6M | 10.61M | 10.77M | 10.44M | 9.88M | 9.84M | 9.01M | 9.25M |
| Property, Plant & Equipment | 13.01M | 11.49M | 10.02M | 10.2M | 9.99M | 10.34M | 10.18M | 9.98M | 10.11M | 8.19M | 8.06M | 7.21M | 6.97M | 5.99M | 6.13M | 5.82M | 5.25M | 5.17M | 4.93M | 5.13M |
| Fixed Asset Turnover | 1.46x | 2.03x | 1.60x | 1.59x | 1.33x | 1.98x | 1.30x | 1.57x | 1.63x | 2.41x | 1.54x | 2.01x | 2.28x | 2.59x | 2.05x | 2.56x | 2.49x | 2.77x | 1.88x | 1.93x |
| Goodwill | 2.77M | 2.83M | 2.41M | 2.41M | 2.41M | 2.41M | 2.41M | 2.41M | 2.41M | 2.41M | 2.41M | 2.41M | 2.41M | 2.41M | 2.41M | 2.41M | 2.41M | 2.41M | 2.41M | 2.41M |
| Intangible Assets | 0 | 1.8M | 0 | 0 | 0 | 1.09M | 0 | 0 | 0 | 1.08M | 0 | 0 | 0 | 724K | 0 | 0 | 0 | 728K | 0 | 0 |
| Long-Term Investments | 0 | 464.7K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 5.92M | 5.24M | 4.68M | 4.25M | 4.11M | 1.52M | 2.51M | 2.45M | 2.47M | 1.38M | 2.52M | 2.28M | 2.21M | 656K | 2.23M | 2.21M | 2.22M | 634K | 1.68M | 1.7M |
| Total Assets | 72.06M | 79M | 61.46M | 68.34M | 74.98M | 86.06M | 79.04M | 82.17M | 89.08M | 91.55M | 93.27M | 95.33M | 100.77M | 101.12M | 104.8M | 81.29M | 76.45M | 77.23M | 73.69M | 74.62M |
| Asset Turnover | 0.24x | 0.31x | 0.25x | 0.22x | 0.17x | 0.25x | 0.16x | 0.18x | 0.17x | 0.21x | 0.12x | 0.15x | 0.15x | 0.15x | 0.13x | 0.18x | 0.17x | 0.19x | 0.13x | 0.16x |
| Asset Growth % | -3.89% | -8.21% | -22.24% | -16.82% | -15.83% | -5.99% | -15.25% | -13.81% | -11.6% | -9.47% | -11.01% | 17.26% | 31.81% | 30.94% | 42.23% | 8.94% | 43.43% | 39.92% | 42.69% | - |
| Total Current Liabilities | 37.51M | 37.14M | 31.4M | 34.12M | 33.55M | 37.81M | 29.38M | 27.45M | 28.29M | 27.6M | 25.95M | 25.2M | 26.25M | 21.71M | 21.52M | 19.8M | 16.22M | 17.95M | 14.91M | 15.35M |
| Accounts Payable | 21.85M | 17.6M | 16.84M | 18.55M | 17.34M | 12.56M | 0 | 0 | 0 | 11.24M | 16.92M | 16.76M | 18.13M | 6.64M | 13.37M | 11.35M | 9.88M | 5.51M | 8.59M | 9.3M |
| Days Payables Outstanding | 182.99 | 126.21 | 176.17 | 177.09 | 171.1 | 102.95 | - | - | - | 117.21 | 204.58 | 184.13 | 127.21 | 108.28 | 157.33 | 121.51 | 95.66 | 83.54 | 141.46 | 138.5 |
| Short-Term Debt | 0 | 8.11M | 5.05M | 6.28M | 5.69M | 8.65M | 2.48M | 1.78M | 2.72M | 4.02M | 4.37M | 4.24M | 4.04M | 3.45M | 3.92M | 4.5M | 2.83M | 2.74M | 1.36M | 1.45M |
| Deferred Revenue (Current) | 7.82M | 6.04M | 0 | 5.9M | 7.12M | 6.64M | 5.4M | 4.83M | 4.12M | 83.75K | 0 | 0 | 0 | 4.05M | 0 | 0 | 0 | 3.41M | 0 | 0 |
| Other Current Liabilities | 7.84M | 4.15M | 9.51M | 3.39M | 3.4M | 3.23M | 21.5M | 20.84M | 21.45M | 5.07M | 4.66M | 4.19M | 4.08M | 2.35M | 4.23M | 3.96M | 3.5M | 2.02M | 4.97M | 4.6M |
| Current Ratio | 1.34x | 1.54x | 1.41x | 1.51x | 1.74x | 1.85x | 2.18x | 2.45x | 2.62x | 2.84x | 3.09x | 3.31x | 3.40x | 4.17x | 4.37x | 3.58x | 4.10x | 3.75x | 4.34x | 4.26x |
| Quick Ratio | 0.99x | 1.25x | 0.97x | 1.05x | 1.21x | 1.36x | 1.46x | 1.80x | 2.00x | 2.30x | 2.50x | 2.78x | 2.92x | 3.63x | 3.92x | 3.18x | 3.65x | 3.34x | 3.77x | 3.70x |
| Cash Conversion Cycle | 37.52 | 51.89 | 76.32 | 86.97 | 159.01 | 141.52 | - | - | - | 87.56 | 103.94 | 64.33 | 95.26 | 95.23 | 70.41 | 55.29 | 79.92 | 84.73 | 98.03 | 81.58 |
| Total Non-Current Liabilities | 24.45M | 22.44M | 6.74M | 6.41M | 6.96M | 7.36M | 7.02M | 7.09M | 7.8M | 7.03M | 7.23M | 6.92M | 7.56M | 7.79M | 9.04M | 9.23M | 9.47M | 9.22M | 10.73M | 11.08M |
| Long-Term Debt | 2.35M | 15.9M | 1.01M | 1.02M | 1.62M | 2.16M | 1.31M | 1.26M | 1.62M | 2M | 2.4M | 2.77M | 3.18M | 3.59M | 4.02M | 4.39M | 4.95M | 4.93M | 5.27M | 5.21M |
| Capital Lease Obligations | 0 | 2.43M | 1.5M | 1.66M | 1.77M | 1.94M | 2.13M | 2.25M | 2.5M | 1.31M | 1.37M | 783K | 1.07M | 1.22M | 1.58M | 1.43M | 1.16M | 1.32M | 1.29M | 1.42M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 22.11M | 3.14M | 4.24M | 3.01M | 2.95M | 2.9M | 3.15M | 3.04M | 3.08M | 3.07M | 3.46M | 3.37M | 3.3M | 2.71M | 3.43M | 3.41M | 3.36M | 2.53M | 4.18M | 4.45M |
| Total Liabilities | 61.96M | 59.58M | 38.14M | 40.52M | 40.52M | 45.17M | 36.4M | 34.53M | 36.09M | 34.63M | 33.18M | 32.11M | 33.81M | 29.49M | 30.56M | 29.03M | 25.69M | 27.17M | 25.65M | 26.43M |
| Total Debt | 2.35M | 27.68M | 7.55M | 8.96M | 9.08M | 13.92M | 5.93M | 5.28M | 6.84M | 8.42M | 8.13M | 7.8M | 8.3M | 9.38M | 9.53M | 10.31M | 8.95M | 10.01M | 7.92M | 8.08M |
| Net Debt | -12.67M | 10.28M | -3.02M | -7.31M | -13.75M | -15.92M | -19.55M | -24.93M | -31.6M | -35.05M | -39.58M | -43.53M | -50.01M | -53.75M | -58.8M | -36.02M | -37.55M | -37.18M | -37.49M | -36.88M |
| Debt / Equity | 0.23x | 1.43x | 0.32x | 0.32x | 0.26x | 0.34x | 0.14x | 0.11x | 0.13x | 0.15x | 0.14x | 0.12x | 0.12x | 0.13x | 0.13x | 0.20x | 0.18x | 0.20x | 0.16x | 0.17x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 194.58x | 24.24x | 10.63x | - | 81.38x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -679.64x | -101.77x | -39.51x | - | -371.63x |
| Interest Coverage | -4.30x | -2.00x | -100.53x | -101.19x | - | - | - | -6403.13x | -5647.13x | - | -550.04x | - | - | - | -533.66x | -14.76x | -3.83x | 2.81x | -85.68x | -21.35x |
| Total Equity | 10.1M | 19.41M | 23.32M | 27.82M | 34.46M | 40.9M | 42.64M | 47.64M | 52.99M | 56.92M | 60.09M | 63.21M | 66.95M | 71.63M | 74.24M | 52.27M | 50.76M | 50.05M | 48.04M | 48.19M |
| Equity Growth % | -70.69% | -52.53% | -45.31% | -41.59% | -34.97% | -28.16% | -29.03% | -24.64% | -20.86% | -20.53% | -19.07% | 20.95% | 31.9% | 43.1% | 54.54% | 8.45% | 89.01% | 90.7% | 91.04% | 86.3% |
| Book Value per Share | 0.27 | 0.52 | 0.62 | 0.74 | 0.92 | 1.10 | 1.15 | 1.28 | 1.43 | 1.54 | 1.62 | 1.71 | 1.81 | 1.94 | 2.14 | 1.53 | 1.49 | 1.45 | 1.44 | 1.50 |
| Total Shareholders' Equity | 10.1M | 19.41M | 23.32M | 27.82M | 34.46M | 40.9M | 42.64M | 47.64M | 52.99M | 56.92M | 60.09M | 63.21M | 66.95M | 71.63M | 74.24M | 52.27M | 50.76M | 50.05M | 48.04M | 48.19M |
| Common Stock | 0 | 6.07M | 23.32M | 27.82M | 34.46M | 4.89M | 0 | 0 | 0 | 4.85M | 60.09M | 63.21M | 66.95M | 4.78M | 74.24M | 52.27M | 50.76M | 4.39M | 48.04M | 48.19M |
| Retained Earnings | 0 | -128.62M | 0 | 0 | 0 | -82.57M | 0 | 0 | 0 | -63.55M | 0 | 0 | 0 | -42.37M | 0 | 0 | 0 | -39.44M | 0 | 0 |
| Treasury Stock | 0 | -1.02M | 0 | 0 | 0 | -800K | 0 | 0 | 0 | -800K | 0 | 0 | 0 | -897K | 0 | 0 | 0 | -928K | 0 | 0 |
| Accumulated OCI | 0 | -8.34M | 0 | 0 | 0 | -4.89M | 0 | 0 | 0 | -4.49M | 0 | 0 | 0 | -3.83M | 0 | 0 | 0 | -3.59M | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |