Immatics N.V. (IMTX) 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 | 485.34M | 503.79M | 538.18M | 503.94M | 573.56M | 629.55M | 512.78M | 559.45M | 588.94M | 449.37M | 385.01M | 364.63M | 345.06M | 377.15M | 322.31M | 336.02M | 259.92M | 152.21M | 180.14M | 198.34M |
| Cash & Short-Term Investments | 454.04M | 469.14M | 506.23M | 478.19M | 543.76M | 604.45M | 490.52M | 531.42M | 564.47M | 425.89M | 366.02M | 347.63M | 329.81M | 362.2M | 309.33M | 324.38M | 252.74M | 145.12M | 173.21M | 192.81M |
| Cash Only | 301.65M | 345.77M | 393.53M | 256.63M | 242.84M | 236.75M | 189.2M | 158.14M | 122.21M | 218.47M | 83.45M | 130.41M | 117.92M | 148.52M | 178.05M | 265.13M | 247.32M | 132.99M | 161.29M | 160.09M |
| Short-Term Investments | 152.4M | 123.37M | 112.7M | 221.55M | 300.91M | 367.7M | 301.32M | 373.18M | 442.27M | 207.42M | 282.57M | 217.22M | 211.89M | 213.69M | 131.29M | 59.25M | 5.43M | 12.12M | 11.92M | 32.71M |
| Accounts Receivable | 4.82M | 6.88M | 5.06M | 2.91M | 6.58M | 6.75M | 8.38M | 3.61M | 3.42M | 5.74M | 1.39M | 1.94M | 1.19M | 1.11M | 1.99M | 2.74M | 2.6M | 1.44M | 3.15M | 2.68M |
| Days Sales Outstanding | 69.16 | 27.78 | 70.67 | 91.13 | 32.26 | 12.37 | 10.91 | 17.07 | 13.69 | 20.59 | 25.8 | 6.35 | 10.55 | 3.79 | 14.45 | 14.1 | 1.77 | 13.44 | 41.66 | 42.6 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.48K | 0 | 0 | 10.82M | 9.55M | 10.01M | 0 | 8.93M | 6.57M | 3.5M | 3.78M | 2.67M | 1.83M |
| Days Inventory Outstanding | - | - | - | - | - | - | - | 15.81 | - | - | 30.72 | 32.57 | 32.66 | - | 24.95 | 18.18 | 13.04 | 12.92 | 9.74 | 9.28 |
| Other Current Assets | 17.61M | 14.86M | 10.79M | 11.47M | 11.27M | 6.31M | 553K | 12.03M | 10.44M | 7.12M | 6.78M | 5.52M | 4.05M | 13.84M | 2.06M | 2.34M | 1.07M | 950K | 1.1M | 1.03M |
| Total Non-Current Assets | 58.49M | 58.3M | 71.13M | 63.37M | 68.13M | 66.59M | 64.46M | 67.89M | 64.79M | 60.59M | 52.44M | 45.56M | 33.43M | 30.67M | 31.98M | 32.27M | 22.26M | 22.44M | 18.77M | 18.17M |
| Property, Plant & Equipment | 53.49M | 54.87M | 68.33M | 60.77M | 65.4M | 63.71M | 61.75M | 64.94M | 61.91M | 57.05M | 49.15M | 41.94M | 29.6M | 26.49M | 26.43M | 26.29M | 20.1M | 20.49M | 16.78M | 16.06M |
| Fixed Asset Turnover | 0.14x | 0.32x | 0.08x | 0.08x | 0.29x | 0.90x | 0.80x | 0.30x | 0.51x | 0.30x | 0.13x | 0.62x | 0.35x | 1.42x | 0.57x | 0.74x | 5.07x | 0.84x | 0.39x | 0.34x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 1.58M | 1.58M | 1.83M | 1.6M | 1.6M | 1.63M | 1.61M | 1.61M | 1.5M | 1.52M | 1.63M | 1.66M | 1.56M | 1.63M | 1.54M | 1.31M | 1.29M | 1.31M | 1.28M | 1.26M |
| 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 | 3.41M | 1.85M | 963.5K | 1M | 1.13M | 1.25M | 1.1M | 1.34M | 1.38M | 2.02M | 1.66M | 1.97M | 2.27M | 2.54M | 4.01M | 4.68M | 879K | 636K | 719K | 845K |
| Total Assets | 543.83M | 562.1M | 609.3M | 567.3M | 641.69M | 696.15M | 577.23M | 626.97M | 653.73M | 509.96M | 437.45M | 410.19M | 378.49M | 407.82M | 354.29M | 368.3M | 282.18M | 174.65M | 198.91M | 216.5M |
| Asset Turnover | 0.01x | 0.03x | 0.01x | 0.01x | 0.03x | 0.09x | 0.08x | 0.03x | 0.05x | 0.03x | 0.01x | 0.06x | 0.02x | 0.10x | 0.04x | 0.05x | 0.45x | 0.08x | 0.03x | 0.02x |
| Asset Growth % | -15.25% | -19.26% | 5.56% | -9.52% | -1.84% | 36.51% | 31.95% | 52.85% | 72.72% | 25.05% | 23.47% | 11.37% | 34.13% | 133.51% | 78.12% | 70.11% | 18.68% | -31.42% | -29.72% | 100.59% |
| Total Current Liabilities | 55.31M | 42.99M | 73.15M | 57.25M | 55.77M | 67.99M | 128.91M | 149.63M | 149.24M | 156.55M | 121.15M | 124.31M | 100.58M | 106.45M | 124.12M | 113.99M | 91.85M | 95.15M | 107.12M | 73.13M |
| Accounts Payable | 8.06M | 339.86K | 3.29M | 4.2M | 5.86M | 10.11M | 8.91M | 3.8M | 6.08M | 7.67M | 6.16M | 5.47M | 4.71M | 4.03M | 12.83M | 13.28M | 13.3M | 3.01M | 11.84M | 9.41M |
| Days Payables Outstanding | - | - | - | - | - | - | - | 4.74K | 19.48 | 19.11 | 17.54 | 16.96 | 14.25 | 27.84 | 42.04 | 47.98 | 29.2 | 29.75 | 46.05 | 44.09 |
| Short-Term Debt | 2.61M | 2.76M | 3.38M | 0 | 0 | 0 | 0 | 0 | 138.19K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1K | 0 | 0 | 0 |
| Deferred Revenue (Current) | 13.24M | 15.81M | 30.04M | 24.39M | 25.3M | 35.91M | 68.93M | 95.52M | 96.61M | 100.4M | 62.05M | 68M | 64.77M | 64.96M | 80.15M | 78.39M | 61.44M | 50.4M | 61.88M | 58M |
| Other Current Liabilities | 29.35M | 22.35M | 34.31M | 8.64M | 6.54M | 4.77M | 23.79M | 24.05M | 20.52M | 20.48M | 29.12M | 26.13M | 11.68M | 17.88M | 24.56M | 17.15M | 12.89M | 28.04M | 29.54M | 2.08M |
| Current Ratio | 8.78x | 11.72x | 7.36x | 8.80x | 10.28x | 9.26x | 3.98x | 3.74x | 3.95x | 2.87x | 3.18x | 2.93x | 3.43x | 3.54x | 2.60x | 2.95x | 2.83x | 1.60x | 1.68x | 2.71x |
| Quick Ratio | 8.78x | 11.72x | 7.36x | 8.80x | 10.28x | 9.26x | 3.98x | 3.74x | 3.95x | 2.87x | 3.09x | 2.86x | 3.33x | 3.54x | 2.52x | 2.89x | 2.79x | 1.56x | 1.66x | 2.69x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | -4.71K | - | - | 38.98 | 21.96 | 28.96 | - | -2.64 | -15.69 | -14.39 | -3.4 | 5.35 | 7.78 |
| Total Non-Current Liabilities | 32.25M | 35.21M | 46.55M | 45.48M | 49.32M | 53.32M | 65.8M | 89.53M | 103.33M | 128.33M | 68.55M | 67.67M | 77.83M | 88.2M | 117.13M | 129.36M | 74.34M | 55.44M | 56.63M | 66.94M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 12.49M | 12.87M | 15.86M | 14.11M | 15.34M | 13.35M | 13.2M | 14.23M | 11.88M | 12.8M | 13.67M | 14.09M | 12.51M | 12.4M | 13.86M | 13.98M | 6.49M | 7.14M | 4.4M | 4.74M |
| Deferred Tax Liabilities | 3.86M | 3.81M | 4.32M | 3.81M | 4.81M | 5.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 115.53M | 20K | 26K | 33K | 42K | 55K | 59K | 62K | 68K | 0 | 0 |
| Total Liabilities | 87.55M | 78.2M | 119.71M | 102.73M | 105.09M | 121.3M | 194.71M | 239.08M | 252.57M | 284.88M | 189.7M | 191.98M | 178.4M | 194.66M | 241.25M | 243.36M | 166.19M | 150.58M | 163.75M | 140.06M |
| Total Debt | 15.1M | 15.63M | 19.25M | 17.12M | 18.39M | 16.2M | 16.02M | 17.41M | 32.62M | 15.4M | 16.46M | 16.82M | 14.97M | 14.56M | 16.28M | 16.41M | 9.26M | 9.85M | 7M | 7.06M |
| Net Debt | -286.55M | -330.14M | -374.29M | -239.52M | -224.46M | -220.54M | -173.18M | -140.73M | -89.59M | -203.07M | -66.99M | -113.58M | -102.95M | -133.96M | -161.77M | -248.71M | -238.06M | -123.14M | -154.3M | -153.04M |
| Debt / Equity | 0.03x | 0.03x | 0.04x | 0.04x | 0.03x | 0.03x | 0.04x | 0.04x | 0.08x | 0.07x | 0.07x | 0.08x | 0.07x | 0.07x | 0.14x | 0.13x | 0.08x | 0.41x | 0.20x | 0.09x |
| Debt / EBITDA | - | - | - | - | - | 4.07x | 4.52x | - | - | - | - | - | - | 1.39x | - | - | 0.13x | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | -55.43x | -48.82x | - | - | - | - | - | - | -12.80x | - | - | -3.39x | - | - | - |
| Interest Coverage | -273.09x | -159.20x | -218.36x | -291.41x | -163.05x | 187.51x | -9.01x | -77.99x | -7.88x | -122.92x | -120.51x | -118.47x | -100.27x | -1.34x | -96.03x | -33.14x | 529.78x | -101.36x | -172.27x | -188.53x |
| Total Equity | 456.28M | 483.89M | 489.6M | 464.57M | 536.61M | 574.84M | 382.53M | 387.89M | 401.16M | 225.08M | 247.75M | 218.21M | 200.08M | 213.16M | 113.04M | 124.94M | 115.99M | 24.06M | 35.16M | 76.44M |
| Equity Growth % | -14.97% | -15.82% | 27.99% | 19.77% | 33.76% | 155.39% | 54.4% | 77.76% | 100.49% | 5.59% | 119.16% | 74.65% | 72.51% | 785.86% | 221.5% | 63.45% | 23.8% | -76.92% | -71.1% | 212.43% |
| Book Value per Share | 3.39 | 3.84 | 4.03 | 3.82 | 4.41 | 5.38 | 3.47 | 3.66 | 4.06 | 2.66 | 2.97 | 2.82 | 2.61 | 3.13 | 1.72 | 1.92 | 1.83 | 0.38 | 0.56 | 1.22 |
| Total Shareholders' Equity | 456.28M | 483.89M | 489.6M | 464.57M | 536.61M | 574.84M | 382.53M | 387.89M | 401.16M | 225.08M | 247.75M | 218.21M | 200.08M | 213.16M | 113.04M | 124.94M | 115.99M | 24.06M | 35.16M | 76.44M |
| Common Stock | 1.37M | 1.34M | 1.43M | 1.22M | 1.22M | 1.22M | 1.03M | 1.03M | 1.03M | 847K | 847K | 804K | 767K | 767K | 657K | 653K | 629K | 629K | 629K | 629K |
| Retained Earnings | -844.68M | -785.65M | -881.59M | -699.75M | -629.4M | -589.54M | -626.94M | -618.37M | -600.9M | -597.29M | -571.14M | -544.66M | -520.05M | -500.3M | -487.07M | -466.13M | -452.15M | -537.81M | -521.03M | -507.66M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -6.72M | -8.59M | -9.53M | -7.51M | -1.68M | 1.03M | -2.21M | -838K | -1.3M | -1.64M | -712K | -1.14M | -917K | -1.48M | -2.82M | -2.61M | -3.38M | -3.94M | -4.88M | -6.13M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |