GrowGeneration Corp. (GRWG) 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 | 99.69M | 103.75M | 111.8M | 108.99M | 109.16M | 113.21M | 122.57M | 134.59M | 141.72M | 147.45M | 163.81M | 162.92M | 163.89M | 170.68M | 183.37M | 189.45M | 194.49M | 216.89M | 251.68M | 255.65M |
| Cash & Short-Term Investments | 41.12M | 46.06M | 48.31M | 48.71M | 52.58M | 56.45M | 55.22M | 55.98M | 61.33M | 64.97M | 66.62M | 70.57M | 71.86M | 71.91M | 71.06M | 65.59M | 66.31M | 81.17M | 93M | 124.51M |
| Cash Only | 21.68M | 30.41M | 27.36M | 23.31M | 32.74M | 27.47M | 27.44M | 27.58M | 31.05M | 29.76M | 31.41M | 29.59M | 62.74M | 40.05M | 71.06M | 55.59M | 47.27M | 41.37M | 63.03M | 67.16M |
| Short-Term Investments | 19.44M | 15.66M | 20.95M | 25.4M | 19.84M | 28.98M | 27.79M | 28.41M | 30.28M | 35.21M | 35.2M | 40.99M | 9.13M | 31.85M | 0 | 10M | 19.04M | 39.79M | 29.96M | 57.36M |
| Accounts Receivable | 14.49M | 11.18M | 13.81M | 11.33M | 7.99M | 8.42M | 11.43M | 10.5M | 8.05M | 9.09M | 8.35M | 7.32M | 7.57M | 9.55M | 17.73M | 8.31M | 7.39M | 8.18M | 6.95M | 8.91M |
| Days Sales Outstanding | 30.09 | 30.39 | 24.48 | 21.47 | 20.68 | 24.39 | 20.17 | 15.76 | 16.28 | 16.22 | 12.95 | 10.6 | 13.56 | 23.05 | 16.91 | 10.05 | 8.57 | 7.69 | 6.29 | 6.18 |
| Inventory | 36.95M | 38.78M | 40.18M | 41.74M | 42.13M | 40.3M | 48.02M | 60.64M | 66.03M | 64.91M | 75.99M | 76.69M | 75.58M | 77.09M | 89.08M | 99.09M | 105.94M | 105.57M | 113.28M | 95.94M |
| Days Inventory Outstanding | 112.61 | 116.88 | 101.72 | 119.04 | 125.39 | 129.76 | 127.53 | 147.34 | 167.7 | 171.42 | 177.84 | 148.08 | 169.48 | 170.26 | 164.82 | 183.4 | 159.63 | 149.16 | 117.45 | 87.7 |
| Other Current Assets | 7.12M | 7.73M | 9.49M | 7.21M | 6.29M | 7.9M | 7.89M | 7.28M | 6.1M | 7.97M | 12.38M | 7.86M | 8.25M | 6.46M | 5.5M | 7.24M | 7.82M | 16.12M | 10.28M | 0 |
| Total Non-Current Assets | 39.89M | 43.29M | 47.81M | 51.62M | 55.07M | 61.14M | 77.07M | 84.59M | 88.67M | 91.64M | 113.42M | 117.77M | 118.75M | 122.76M | 123.7M | 128.22M | 254.86M | 242.45M | 227.51M | 197.2M |
| Property, Plant & Equipment | 34.23M | 36.84M | 40.34M | 42.62M | 45.45M | 49.95M | 57.57M | 63.39M | 65.74M | 66.98M | 71.26M | 73.37M | 73.86M | 75.1M | 74.36M | 76.7M | 72.77M | 67.85M | 52.91M | 42.12M |
| Fixed Asset Turnover | 1.08x | 0.98x | 1.14x | 0.93x | 0.75x | 0.70x | 0.83x | 0.83x | 0.72x | 0.72x | 0.77x | 0.87x | 0.76x | 0.73x | 0.94x | 0.95x | 1.16x | 1.50x | 2.44x | 3.88x |
| Goodwill | 2.08M | 2.08M | 2.05M | 1.6M | 1.6M | 1.6M | 7.53M | 7.53M | 7.53M | 7.53M | 16.81M | 16.81M | 15.98M | 15.98M | 15.84M | 15.84M | 132.5M | 125.4M | 123.88M | 108.74M |
| Intangible Assets | 2.57M | 3.33M | 4.65M | 6.63M | 7.24M | 8.78M | 11.15M | 12.83M | 14.5M | 16.18M | 24.47M | 26.71M | 28.48M | 30.88M | 32.61M | 34.8M | 48.79M | 48.4M | 49.4M | 44.28M |
| 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 | 1.02M | 1.04M | 766K | 770K | 780K | 814K | 823K | 844K | 901K | 949K | 880K | 881K | 442K | 803K | 886K | 875K | 807K | 800K | 1.33M | 2.06M |
| Total Assets | 139.58M | 147.04M | 159.6M | 160.61M | 164.23M | 174.35M | 199.64M | 219.18M | 230.39M | 239.09M | 277.23M | 280.69M | 282.64M | 293.44M | 307.06M | 317.67M | 449.35M | 459.34M | 479.19M | 452.85M |
| Asset Turnover | 0.27x | 0.25x | 0.30x | 0.25x | 0.21x | 0.20x | 0.24x | 0.24x | 0.20x | 0.19x | 0.20x | 0.23x | 0.20x | 0.18x | 0.23x | 0.19x | 0.18x | 0.19x | 0.25x | 0.29x |
| Asset Growth % | -15.01% | -15.66% | -20.05% | -26.72% | -28.72% | -27.08% | -27.99% | -21.92% | -18.49% | -18.52% | -9.72% | -11.64% | -37.1% | -36.12% | -35.92% | -29.85% | 10.27% | 29.49% | 243.01% | 415.33% |
| Total Current Liabilities | 24.61M | 25.98M | 29.33M | 27.27M | 24.91M | 24.27M | 24.54M | 29.21M | 29.34M | 30.93M | 40.46M | 36.7M | 33.18M | 35.79M | 37.56M | 39.46M | 36.62M | 47.08M | 72.48M | 59.76M |
| Accounts Payable | 9.58M | 8.78M | 11.59M | 11.61M | 9.96M | 8.15M | 8.18M | 12.7M | 12.39M | 11.67M | 20.22M | 17.91M | 15.41M | 15.73M | 16.13M | 17.37M | 14.22M | 17.03M | 39.63M | 36.48M |
| Days Payables Outstanding | 27.3 | 30.14 | 28.8 | 30.61 | 27.54 | 23.99 | 24.51 | 29.19 | 30.81 | 38.79 | 44.41 | 32.4 | 34.57 | 32.65 | 29.35 | 28.26 | 23.59 | 38.62 | 42.73 | 31.01 |
| Short-Term Debt | 5.83M | 6.46M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17K | 34K | 50K | 8.06M | 96K | 94K | 92K | 111K | 83K |
| Deferred Revenue (Current) | 2.64M | 4.01M | 4.2M | 2.45M | 2.35M | 2.4M | 2.63M | 3.01M | 3.88M | 5.36M | 4.93M | 3.75M | 3.92M | 4.34M | 0 | 0 | 0 | 11.69M | 0 | 6.79M |
| Other Current Liabilities | 6.55M | 6.73M | 4.46M | 4.08M | 0 | 0 | 1.31M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.97M | 6.29M | 7.19M | 0 | 13.74M | 0 |
| Current Ratio | 4.05x | 3.99x | 3.81x | 4.00x | 4.38x | 4.66x | 5.00x | 4.61x | 4.83x | 4.77x | 4.05x | 4.44x | 4.94x | 4.77x | 4.88x | 4.80x | 5.31x | 4.61x | 3.47x | 4.28x |
| Quick Ratio | 2.55x | 2.50x | 2.44x | 2.47x | 2.69x | 3.00x | 3.04x | 2.53x | 2.58x | 2.67x | 2.17x | 2.35x | 2.66x | 2.61x | 2.51x | 2.29x | 2.42x | 2.36x | 1.91x | 2.67x |
| Cash Conversion Cycle | 115.4 | 117.13 | 97.4 | 109.89 | 118.53 | 130.16 | 123.19 | 133.92 | 153.17 | 148.85 | 146.38 | 126.27 | 148.46 | 160.67 | 152.38 | 165.18 | 144.61 | 118.23 | 81.02 | 62.87 |
| Total Non-Current Liabilities | 22.14M | 23.57M | 25.57M | 26.62M | 28.16M | 29.98M | 31.94M | 34.18M | 35.75M | 34.77M | 36.7M | 37.51M | 38.76M | 41.25M | 38.89M | 41.48M | 40.64M | 40.97M | 33.8M | 29.23M |
| Long-Term Debt | 21.63M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17K | 41K | 66K | 92K | 106K |
| Capital Lease Obligations | 0 | 23.02M | 25.14M | 26.19M | 27.81M | 29.63M | 31.62M | 33.87M | 35.43M | 34.45M | 36.39M | 37.19M | 38.13M | 40.66M | 38.59M | 41.03M | 39.88M | 38.55M | 31.36M | 27.43M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 193K | 0 | 0 | 2.36M | 0 | 1.7M |
| Other Non-Current Liabilities | 508K | 544K | 435K | 435K | 352K | 352K | 317K | 317K | 317K | 317K | 317K | 316K | 627K | 593K | 111K | 440K | 723K | 0 | 2.35M | 0 |
| Total Liabilities | 46.75M | 49.54M | 54.9M | 53.89M | 53.07M | 54.26M | 56.47M | 63.4M | 65.08M | 65.69M | 77.17M | 74.2M | 71.94M | 77.05M | 76.45M | 80.94M | 77.26M | 88.05M | 106.28M | 88.99M |
| Total Debt | 27.46M | 29.48M | 31.92M | 33.19M | 34.83M | 37.03M | 39.14M | 41.5M | 43.02M | 42.47M | 44.76M | 45.36M | 46.17M | 48.84M | 46.65M | 49.45M | 47.75M | 45.56M | 37.76M | 33.08M |
| Net Debt | 5.78M | -929K | 4.56M | 9.88M | 2.09M | 9.56M | 11.71M | 13.92M | 11.97M | 12.71M | 13.35M | 15.77M | -16.57M | 8.79M | -24.41M | -6.14M | 481K | 4.19M | -25.27M | -34.08M |
| Debt / Equity | 0.30x | 0.30x | 0.30x | 0.31x | 0.31x | 0.31x | 0.27x | 0.27x | 0.26x | 0.24x | 0.22x | 0.22x | 0.22x | 0.23x | 0.20x | 0.21x | 0.13x | 0.12x | 0.10x | 0.09x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.60x | 2.64x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -3.08x | -2.72x |
| Interest Coverage | - | - | - | - | - | - | - | -413.36x | -156.84x | -299.82x | -7348.00x | -1867.67x | -3066.00x | -3046.40x | -2639.00x | -13665.20x | -2270.00x | -601.25x | 205.92x | 2409.25x |
| Total Equity | 92.83M | 97.5M | 104.7M | 106.72M | 111.16M | 120.09M | 143.16M | 155.78M | 165.31M | 173.4M | 200.06M | 206.49M | 210.7M | 216.4M | 230.61M | 236.73M | 372.09M | 371.29M | 372.91M | 363.85M |
| Equity Growth % | -16.49% | -18.81% | -26.86% | -31.49% | -32.76% | -30.74% | -28.44% | -24.56% | -21.54% | -19.87% | -13.25% | -12.77% | -43.37% | -41.72% | -38.16% | -34.94% | 6.39% | 17.13% | 232.17% | 477.42% |
| Book Value per Share | 1.54 | 1.63 | 1.75 | 1.79 | 1.87 | 2.03 | 2.42 | 2.57 | 2.69 | 2.82 | 3.27 | 3.38 | 3.45 | 3.54 | 3.79 | 3.90 | 6.19 | 6.35 | 6.27 | 6.04 |
| Total Shareholders' Equity | 92.83M | 97.5M | 104.7M | 106.72M | 111.16M | 120.09M | 143.16M | 155.78M | 165.31M | 173.4M | 200.06M | 206.49M | 210.7M | 216.4M | 230.61M | 236.73M | 372.09M | 371.29M | 372.91M | 363.85M |
| Common Stock | 60K | 60K | 60K | 60K | 59K | 59K | 59K | 61K | 62K | 61K | 61K | 61K | 61K | 61K | 61K | 61K | 61K | 60K | 60K | 60K |
| Retained Earnings | -284.61M | -279.69M | -272.27M | -269.83M | -265.02M | -255.64M | -232.3M | -216.71M | -208.94M | -200.1M | -172.78M | -165.44M | -159.74M | -153.6M | -138.61M | -131.41M | 4.97M | 10.14M | 14.24M | 10.22M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.32M | 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 |