Franklin Wireless Corp. (FKWL) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'26 | Q2'26 | 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 |
|---|
| Total Current Assets | 44.58M | 47.17M | 47.39M | 45.18M | 43.94M | 48.59M | 45.27M | 40.22M | 43.55M | 47.82M | 46.09M | 51.86M | 47.35M | 50.45M | 46.97M | 48.39M | 53.32M | 45.5M | 47.25M | 54.84M |
| Cash & Short-Term Investments | 32.94M | 33.62M | 38.71M | 40.63M | 38.14M | 42.16M | 40.68M | 37.46M | 31.74M | 32.75M | 33.65M | 38.97M | 33.98M | 34.53M | 40.76M | 42.61M | 43.08M | 42.09M | 44.66M | 51.18M |
| Cash Only | 9.31M | 9.36M | 13.38M | 14.74M | 12.8M | 20.26M | 14.62M | 12.27M | 7M | 5.24M | 6.84M | 12.24M | 17.57M | 17.9M | 25.5M | 26.28M | 36.45M | 36.7M | 39.28M | 45.8M |
| Short-Term Investments | 23.63M | 24.26M | 25.33M | 25.89M | 25.34M | 21.9M | 26.06M | 25.19M | 24.73M | 27.51M | 26.8M | 26.73M | 16.41M | 16.63M | 15.26M | 16.34M | 6.63M | 5.39M | 5.39M | 5.39M |
| Accounts Receivable | 3.31M | 11.02M | 7.45M | 1.99M | 4M | 1.91M | 1.8M | 1.16M | 10.35M | 13.54M | 10.03M | 9.06M | 7.34M | 8.23M | 974.18K | 1.36M | 2.09M | 1.25M | 1.59M | 2.59M |
| Days Sales Outstanding | 187.2 | 71.2 | 34.07 | 39.4 | 33.24 | 9.58 | 10.2 | 85.6 | 176 | 122.56 | 90.95 | 43.87 | 59.09 | 47.1 | 13.26 | 12.94 | 22.46 | 71.69 | 57.56 | 65.36 |
| Inventory | 7.97M | 2.11M | 1.11M | 2.36M | 1.45M | 4.17M | 2.56M | 1.43M | 1.19M | 1.27M | 2.35M | 3.8M | 5.97M | 7.39M | 5.05M | 4.37M | 7.65M | 1.92M | 727.94K | 975.52K |
| Days Inventory Outstanding | 156.42 | 14.95 | 16.2 | 30.47 | 37.92 | 21.21 | 16.29 | 21.76 | 19.78 | 20.77 | 34.73 | 30.49 | 61.3 | 71.21 | 66.55 | 51.89 | 80.87 | 83.67 | 27.48 | 12.08 |
| Other Current Assets | 366.53K | 413.24K | 126.48K | 143.67K | 237.76K | 196.4K | 85.72K | 107.98K | 128.5K | 136.53K | 58.81K | 36.69K | 48.96K | 21.61K | 32.23K | 40.94K | 189.08K | 51.93K | 34.44K | 44.98K |
| Total Non-Current Assets | 5.81M | 5.86M | 5.89M | 6.15M | 5.77M | 5.86M | 6.36M | 6.5M | 6.47M | 4.77M | 4.81M | 5.19M | 5.01M | 4.2M | 4M | 3.71M | 3.86M | 3.93M | 3.22M | 2.95M |
| Property, Plant & Equipment | 1.15M | 1.25M | 1.35M | 1.46M | 1.53M | 1.63M | 1.74M | 1.6M | 1.67M | 96.54K | 168.85K | 253.75K | 337.64K | 423.6K | 492.59K | 554.57K | 643.78K | 720.63K | 797.49K | 904.87K |
| Fixed Asset Turnover | 2.87x | 9.17x | 9.09x | 4.64x | 5.07x | 10.59x | 7.98x | 3.74x | 7.00x | 66.68x | 45.70x | 57.51x | 31.14x | 19.61x | 15.49x | 20.27x | 9.80x | 2.40x | 3.93x | 11.40x |
| Goodwill | 273.29K | 273.29K | 273.29K | 273.29K | 273.29K | 273.29K | 273.29K | 273.29K | 273.29K | 273.29K | 273.29K | 273.29K | 273.29K | 273.29K | 273.29K | 273.29K | 273.29K | 273.29K | 273.29K | 273.29K |
| Intangible Assets | 1.02M | 952.97K | 865.65K | 1.01M | 868.81K | 867.56K | 1.08M | 1.31M | 1.59M | 1.76M | 1.96M | 2.18M | 2.37M | 2.04M | 1.67M | 1.35M | 1.35M | 1.48M | 1.19M | 1.25M |
| 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 | 123.44K | 128.22K | 130.36K | 133.54K | 126.23K | 126.02K | 136.26K | 131.25K | 134.24K | 138.61K | 124.15K | 126.55K | 125.26K | 128.12K | 116.19K | 126.09K | 35.6K | 135.17K | 135.22K | 140.54K |
| Total Assets | 50.38M | 53.03M | 53.28M | 51.33M | 49.71M | 54.45M | 51.63M | 46.72M | 50.02M | 52.59M | 50.9M | 57.05M | 52.36M | 54.65M | 50.97M | 52.1M | 57.18M | 49.43M | 50.47M | 57.79M |
| Asset Turnover | 0.07x | 0.22x | 0.24x | 0.14x | 0.15x | 0.34x | 0.27x | 0.13x | 0.12x | 0.17x | 0.18x | 0.31x | 0.22x | 0.17x | 0.16x | 0.22x | 0.13x | 0.04x | 0.06x | 0.16x |
| Asset Growth % | 1.35% | -2.61% | 3.2% | 9.87% | -0.61% | 3.53% | 1.43% | -18.11% | -4.47% | -3.76% | -0.13% | 9.51% | -8.44% | 10.56% | 0.99% | -9.85% | -26.67% | -54.95% | -39.3% | -11.63% |
| Total Current Liabilities | 13.2M | 13.92M | 14M | 12.42M | 10.26M | 16.28M | 13.1M | 9.09M | 10.45M | 12.96M | 10.85M | 16.51M | 10.45M | 12.99M | 9.85M | 9.28M | 13.68M | 5.15M | 4.99M | 11.16M |
| Accounts Payable | 9.36M | 10.22M | 9.62M | 8.12M | 6.23M | 13.76M | 10.82M | 7.26M | 6.28M | 9.08M | 7.15M | 12.95M | 9.31M | 11.89M | 8.68M | 8.14M | 12.25M | 3.53M | 3.56M | 9.72M |
| Days Payables Outstanding | 303.99 | 92.23 | 82.97 | 114.97 | 135.03 | 77.48 | 73.87 | 112.53 | 123.36 | 93.1 | 113.56 | 69.51 | 97.27 | 117.73 | 118.79 | 88.01 | 133.3 | 223.8 | 214.28 | 188.77 |
| Short-Term Debt | 331.12K | 351.83K | 371.55K | 0 | 0 | 0 | 0 | 0 | 233.5K | 0 | 79.95K | 159.1K | 237.47K | 0 | 0 | 308.83K | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 114.29K | 121.35K | 115.92K | 125.3K | 121.66K | 164.01K | 170.35K | 158.77K | 195.6K | 259.27K | 227.45K | 146.49K | 168.66K | 272.18K | 301.74K | 371.62K | 361.53K | 390.55K | 125.7K | 0 |
| Other Current Liabilities | 142.88K | 3.22M | 877.26K | 0 | 155.46K | 131.96K | 180.01K | 0 | 2.79M | 2.8M | 2.68M | 2.68M | 281.91K | 284.16K | 62.56K | 328.92K | 61.02K | 45.83K | 67.48K | 73.9K |
| Current Ratio | 3.38x | 3.39x | 3.38x | 3.64x | 4.28x | 2.98x | 3.45x | 4.43x | 4.17x | 3.69x | 4.25x | 3.14x | 4.53x | 3.88x | 4.77x | 5.21x | 3.90x | 8.83x | 9.47x | 4.92x |
| Quick Ratio | 2.77x | 3.24x | 3.31x | 3.45x | 4.14x | 2.73x | 3.26x | 4.27x | 4.05x | 3.59x | 4.03x | 2.91x | 3.96x | 3.32x | 4.26x | 4.74x | 3.34x | 8.46x | 9.32x | 4.83x |
| Cash Conversion Cycle | 39.63 | -6.08 | -32.7 | -45.11 | -63.87 | -46.69 | -47.38 | -5.18 | 72.42 | 50.23 | 12.12 | 4.85 | 23.12 | 0.59 | -38.98 | -23.18 | -29.96 | -68.44 | -129.24 | -111.33 |
| Total Non-Current Liabilities | 786.61K | 843.68K | 922.96K | 1.02M | 1.12M | 1.19M | 1.29M | 1.26M | 1.33M | 0 | 0 | 122.23K | 0 | 1.33M | 79.95K | 213.33K | 237.47K | 315.06K | 391.88K | 467.94K |
| Long-Term Debt | 0 | 843.68K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 786.61K | 843.68K | 922.96K | 1.02M | 1.12M | 1.19M | 1.29M | 1.26M | 1.33M | 0 | 0 | 0 | 0 | 0 | 79.95K | 159.1K | 237.47K | 315.06K | 391.88K | 467.94K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 122.24K | 0 | 1.33M | 0 | 54.23K | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | -843.68K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 13.99M | 14.76M | 14.93M | 13.44M | 11.38M | 17.47M | 14.39M | 10.34M | 11.77M | 12.96M | 10.85M | 16.63M | 10.45M | 12.99M | 9.93M | 9.49M | 13.91M | 5.47M | 5.38M | 11.62M |
| Total Debt | 1.12M | 2.04M | 1.29M | 1.39M | 1.48M | 1.55M | 1.64M | 1.5M | 1.56M | 0 | 79.95K | 159.1K | 237.47K | 315.06K | 391.88K | 467.94K | 543.24K | 617.79K | 691.6K | 785.46K |
| Net Debt | -8.19M | -7.32M | -12.09M | -13.35M | -11.32M | -18.72M | -12.98M | -10.77M | -5.44M | -5.24M | -6.76M | -12.08M | -17.33M | -17.59M | -25.11M | -25.81M | -35.91M | -36.08M | -38.59M | -45.01M |
| Debt / Equity | 0.03x | 0.05x | 0.03x | 0.04x | 0.04x | 0.04x | 0.04x | 0.04x | 0.04x | - | 0.00x | 0.00x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.02x | 0.02x |
| Debt / EBITDA | - | 8.84x | 1.62x | - | - | 1.45x | - | - | - | - | - | 0.37x | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | -31.73x | -15.17x | - | - | -17.58x | - | - | - | - | - | -27.88x | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 36.4M | 38.26M | 38.36M | 37.89M | 38.33M | 36.98M | 37.24M | 36.38M | 38.25M | 39.63M | 40.06M | 40.41M | 41.91M | 41.66M | 41.04M | 42.6M | 43.27M | 43.96M | 45.09M | 46.17M |
| Equity Growth % | -5.05% | 3.49% | 3% | 4.17% | 0.23% | -6.7% | -7.03% | -9.99% | -8.74% | -4.87% | -2.4% | -5.13% | -3.14% | -5.23% | -8.98% | -7.72% | -6.16% | 5.13% | 30.76% | 118.42% |
| Book Value per Share | 3.09 | 3.24 | 3.25 | 3.22 | 3.25 | 3.12 | 3.15 | 3.09 | 3.25 | 3.36 | 3.40 | 3.43 | 3.56 | 3.56 | 3.51 | 3.65 | 3.73 | 3.79 | 3.89 | 3.99 |
| Total Shareholders' Equity | 33.5M | 35.13M | 35.13M | 34.54M | 35.32M | 35.97M | 35.83M | 35.15M | 36.86M | 38.11M | 38.65M | 38.93M | 40.38M | 40.1M | 39.77M | 41.03M | 41.73M | 42.41M | 43.57M | 44.69M |
| Common Stock | 14.26K | 14.26K | 14.26K | 14.26K | 14.26K | 14.26K | 14.26K | 14.26K | 14.26K | 14.26K | 14.26K | 14.26K | 14.26K | 14.26K | 14.16K | 14.16K | 14.07K | 14.07K | 14.07K | 14.07K |
| Retained Earnings | 24.04M | 25.6M | 25.53M | 24.89M | 25.24M | 25.88M | 25.65M | 25.14M | 26.9M | 28.08M | 28.84M | 29.1M | 30.71M | 30.46M | 30.84M | 31.96M | 32.67M | 33.44M | 34.62M | 35.73M |
| Treasury Stock | -3.55M | -3.55M | -3.55M | -3.55M | -3.55M | -3.55M | -3.55M | -3.55M | -3.55M | -3.55M | -3.55M | -3.55M | -3.55M | -3.55M | -3.55M | -3.55M | -3.55M | -3.55M | -3.55M | -3.55M |
| Accumulated OCI | -1.34M | -1.26M | -1.2M | -1.15M | -1.28M | -1.27M | -1.1M | -1.18M | -1.15M | -1.01M | -1.15M | -1.07M | -1.05M | -910.11K | -1.3M | -984.15K | -759.16K | -673.19K | -600.11K | -472.5K |
| Minority Interest | 2.9M | 3.13M | 3.23M | 3.35M | 3.01M | 1M | 1.41M | 1.23M | 1.39M | 1.52M | 1.41M | 1.49M | 1.53M | 1.56M | 1.27M | 1.57M | 1.53M | 1.55M | 1.52M | 1.48M |