iPower Inc. (IPW) 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 | 13.9M | 14.69M | 11.83M | 19.37M | 24.81M | 28.28M | 26.33M | 35.01M | 33.06M | 30.52M | 32.83M | 41.26M | 40.28M | 42.66M | 57.44M | 55.18M | 51.97M | 43.36M | 35.14M | 32.31M |
| Cash & Short-Term Investments | 713.68K | 4.22M | 903.98K | 2.01M | 2.19M | 2.88M | 2.58M | 7.38M | 2.71M | 1.49M | 2.73M | 3.74M | 1.42M | 4M | 4.84M | 1.82M | 2.64M | 1.09M | 1.22M | 6.65M |
| Cash Only | 713.68K | 4.22M | 903.98K | 2.01M | 2.19M | 2.88M | 2.58M | 7.38M | 2.71M | 1.49M | 2.73M | 3.74M | 1.42M | 4M | 4.84M | 1.82M | 2.64M | 1.09M | 1.22M | 6.65M |
| 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 | 7.06M | 5.17M | 5.41M | 6.12M | 10.68M | 13.93M | 13.12M | 15.49M | 16.84M | 11.77M | 13.24M | 14.07M | 15.7M | 11.65M | 19.12M | 17.43M | 19.08M | 15.55M | 13.08M | 7.9M |
| Days Sales Outstanding | 157.33 | 68.21 | 44.15 | 66.52 | 66.82 | 65.23 | 69.22 | 75.62 | 55.85 | 68.46 | 47.39 | 57.9 | 60.85 | 73.51 | 64.62 | 75.12 | 68.34 | 76.92 | 55.57 | 52.96 |
| Inventory | 2.54M | 4.54M | 4.33M | 8.13M | 9.77M | 9.18M | 8.67M | 10.55M | 11.87M | 15.78M | 15.06M | 20.59M | 19.65M | 23.26M | 30.31M | 30.43M | 22.41M | 19.91M | 14.59M | 13.07M |
| Days Inventory Outstanding | 116.18 | 102.23 | 79.51 | 124.31 | 90.82 | 76.87 | 84.01 | 99.74 | 97.23 | 149.61 | 111.18 | 127.6 | 155.28 | 218.37 | 174.25 | 184.97 | 140.04 | 165.88 | 126.56 | 128.32 |
| Other Current Assets | 1.61M | 758.43K | 0 | 1.83M | 0 | 443.68K | 0 | 855.51K | 538.48K | 690.25K | 733.5K | 1.14M | 1.99M | 2.57M | 2.14M | 4.42M | 1.26M | 1.11M | 1.17M | 723.38K |
| Total Non-Current Assets | 12.84M | 20.07M | 17.57M | 16.27M | 15.7M | 15.59M | 16.06M | 16.29M | 17.35M | 18.55M | 18.76M | 18.84M | 19.14M | 19.4M | 19.45M | 23.4M | 21.82M | 3.05M | 3.33M | 3.33M |
| Property, Plant & Equipment | 166.44K | 3.47M | 3.95M | 4.31M | 4.55M | 5.06M | 5.56M | 6.5M | 7.04M | 7.6M | 8.26M | 8.37M | 9.08M | 9.77M | 10.38M | 11M | 9.26M | 1.58M | 1.75M | 1.88M |
| Fixed Asset Turnover | 1.92x | 1.92x | 2.91x | 2.59x | 3.45x | 3.59x | 3.15x | 2.88x | 3.19x | 2.12x | 3.19x | 2.68x | 2.15x | 1.91x | 2.44x | 2.18x | 4.21x | 10.30x | 9.58x | 7.51x |
| Goodwill | 0 | 3.03M | 3.03M | 3.03M | 3.03M | 3.03M | 3.03M | 3.03M | 3.03M | 3.03M | 3.03M | 3.03M | 3.03M | 3.03M | 3.03M | 6.09M | 6.09M | 0 | 0 | 0 |
| Intangible Assets | 2.49M | 4.87M | 2.82M | 2.98M | 3.14M | 3.31M | 3.47M | 3.63M | 3.79M | 3.96M | 4.12M | 4.28M | 4.44M | 4.6M | 4.77M | 4.93M | 5.09M | 0 | 0 | 0 |
| Long-Term Investments | 13.26K | 678.71K | 678.71K | 385.18K | 0 | 0 | 0 | 27.61K | 30.5K | 31.29K | 32.09K | 33.11K | 34.76K | 36.06K | 39.99K | 43.38K | 37.71K | 0 | 0 | 0 |
| Other Non-Current Assets | 5.18M | 2.49M | 2.36M | 5.56M | 2.01M | 1.19M | 905.67K | 652.05K | -401.33K | 809.9K | 878.67K | 958.71K | 997.16K | 1.11M | 102.67K | 861.5K | 1.33M | 1.47M | 1.58M | 1.46M |
| Total Assets | 31.31M | 34.76M | 29.4M | 35.64M | 40.51M | 43.87M | 42.4M | 51.3M | 50.42M | 49.07M | 51.59M | 60.09M | 59.42M | 62.06M | 76.89M | 78.58M | 73.79M | 46.41M | 38.47M | 35.64M |
| Asset Turnover | 0.11x | 0.22x | 0.37x | 0.30x | 0.39x | 0.44x | 0.41x | 0.38x | 0.47x | 0.33x | 0.47x | 0.39x | 0.33x | 0.28x | 0.33x | 0.29x | 0.38x | 0.40x | 0.47x | 0.50x |
| Asset Growth % | -22.71% | -20.77% | -30.64% | -30.52% | -19.66% | -10.6% | -17.82% | -14.64% | -15.15% | -20.93% | -32.9% | -23.53% | -19.47% | 33.73% | 99.87% | 120.49% | 211.27% | 129.5% | 104.26% | 160.64% |
| Total Current Liabilities | 6.6M | 8.02M | 8.12M | 14.45M | 12.95M | 14.51M | 14.18M | 23.77M | 26.5M | 25.81M | 21.07M | 23.33M | 21.47M | 19.69M | 24.68M | 22.88M | 18.3M | 11.39M | 11.07M | 9.02M |
| Accounts Payable | 3.02M | 3.06M | 3.6M | 7.44M | 8.03M | 8.85M | 8.35M | 11.23M | 14.2M | 13.93M | 12.03M | 13.24M | 13.41M | 12.11M | 14.82M | 9.53M | 6.34M | 4.55M | 6.19M | 3.94M |
| Days Payables Outstanding | 99.64 | 76.7 | 70.46 | 107.47 | 80.91 | 74.09 | 85.61 | 113.13 | 98.9 | 125.96 | 78.83 | 84.51 | 92.35 | 109.76 | 69.85 | 55.57 | 36.03 | 51.6 | 46.34 | 60.74 |
| Short-Term Debt | 0 | 4.22M | 1.95M | 3.74M | 0 | 350K | 350K | 6.34M | 6.01M | 5.05M | 2.16M | 2.02M | 2M | 1.98M | 2.81M | 1.88M | 1.86M | 29.24K | 29.24K | 192.01K |
| Deferred Revenue (Current) | 1.16M | 0 | 197.51K | 0 | 315.78K | 321.88K | 326.36K | 313.36K | 339.97K | 340.88K | 362.83K | 350.6K | 482.86K | 368.72K | 348.95K | 273.46K | 204.49K | 228.16K | 248.38K | 297.41K |
| Other Current Liabilities | 0 | 717.02K | 0 | 722.24K | 0 | 1.69M | 0 | 1.27M | 0 | 0 | 1.17M | -1.48M | 3.22M | 2.67M | 2.27M | -1.21M | 8.1M | 5.45M | 3.48M | 3.07M |
| Current Ratio | 2.10x | 1.83x | 1.46x | 1.34x | 1.92x | 1.95x | 1.86x | 1.47x | 1.25x | 1.18x | 1.56x | 1.77x | 1.88x | 2.17x | 2.33x | 2.41x | 2.84x | 3.81x | 3.18x | 3.58x |
| Quick Ratio | 1.72x | 1.26x | 0.92x | 0.78x | 1.16x | 1.32x | 1.25x | 1.03x | 0.80x | 0.57x | 0.84x | 0.89x | 0.96x | 0.99x | 1.10x | 1.08x | 1.62x | 2.06x | 1.86x | 2.13x |
| Cash Conversion Cycle | 173.87 | 93.74 | 53.19 | 83.37 | 76.73 | 68.01 | 67.63 | 62.23 | 54.17 | 92.11 | 79.74 | 100.99 | 123.79 | 182.12 | 169.02 | 204.52 | 172.35 | 191.2 | 135.79 | 120.54 |
| Total Non-Current Liabilities | 7.55M | 8.75M | 3.37M | 2.91M | 6.84M | 7.66M | 7.08M | 4.51M | 4.95M | 5.5M | 10.83M | 15.9M | 14.22M | 17.24M | 23.97M | 23.3M | 21.81M | 8.18M | 1.43M | 1.63M |
| Long-Term Debt | 4.47M | 6.58M | 0 | 0 | 3.57M | 4.04M | 3.13M | 0 | 0 | 0 | 4.81M | 9.79M | 7.65M | 10.22M | 16.09M | 14.1M | 13.4M | 7.41M | 448.82K | 458.57K |
| Capital Lease Obligations | 1.82M | 2.19M | 2.56M | 2.91M | 3.27M | 3.61M | 3.95M | 4.51M | 4.95M | 5.5M | 6.02M | 6.11M | 6.57M | 7.02M | 7.62M | 8.27M | 7.57M | 777.29K | 976.83K | 1.17M |
| Deferred Tax Liabilities | 0 | 760.27K | 812.49K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 939.12K | 836.33K | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.26M | -780.75K | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 271.04K | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 14.16M | 16.77M | 11.49M | 17.37M | 19.79M | 22.17M | 21.26M | 28.28M | 31.45M | 31.31M | 31.9M | 39.23M | 35.69M | 36.93M | 48.65M | 46.18M | 40.11M | 19.58M | 12.49M | 10.65M |
| Total Debt | 7.74M | 12.99M | 5.9M | 8.01M | 8.23M | 9.55M | 9.11M | 12.89M | 13.07M | 12.61M | 15.16M | 20.07M | 18.59M | 21.78M | 29.1M | 26.82M | 24.62M | 8.98M | 2.2M | 2.55M |
| Net Debt | 7.02M | 8.76M | 4.99M | 6M | 6.04M | 6.67M | 6.54M | 5.51M | 10.35M | 11.13M | 12.43M | 16.34M | 17.17M | 17.78M | 24.26M | 25M | 21.98M | 7.89M | 984.45K | -4.1M |
| Debt / Equity | 0.45x | 0.72x | 0.33x | 0.44x | 0.40x | 0.44x | 0.43x | 0.56x | 0.69x | 0.71x | 0.77x | 0.96x | 0.78x | 0.87x | 1.03x | 0.83x | 0.73x | 0.33x | 0.08x | 0.10x |
| Debt / EBITDA | - | - | - | - | 20.55x | 7.40x | - | 4.07x | 5.66x | - | - | - | - | - | - | - | 16.82x | 7.87x | 1.70x | 10.37x |
| Net Debt / EBITDA | - | - | - | - | 15.08x | 5.17x | - | 1.74x | 4.49x | - | - | - | - | - | - | - | 15.02x | 6.92x | 0.76x | -16.66x |
| Interest Coverage | -11.98x | -11.04x | -15.16x | -47.69x | -2.86x | 3.39x | -18.07x | 6.04x | 8.67x | -13.28x | -5.85x | -12.45x | -7.90x | -12.82x | -17.68x | -5.51x | 6.46x | 15.92x | 21.86x | -19.19x |
| Total Equity | 17.15M | 17.98M | 17.92M | 18.28M | 20.72M | 21.7M | 21.13M | 23.02M | 18.97M | 17.76M | 19.69M | 20.86M | 23.73M | 25.12M | 28.24M | 32.4M | 33.68M | 26.83M | 25.98M | 24.99M |
| Equity Growth % | -17.22% | -17.14% | -15.22% | -20.59% | 9.23% | 22.24% | 7.32% | 10.31% | -20.05% | -29.33% | -30.26% | -35.6% | -29.56% | -6.35% | 8.71% | 29.66% | 726.49% | 479.83% | 603.49% | 752.61% |
| Book Value per Share | 124.51 | 130.56 | 136.57 | 139.48 | 158.08 | 165.69 | 161.45 | 184.48 | 152.65 | 143.04 | 158.79 | 168.33 | 191.52 | 202.73 | 228.45 | 262.12 | 288.23 | 243.06 | 235.30 | 251.29 |
| Total Shareholders' Equity | 17.2M | 18.03M | 17.96M | 18.32M | 20.76M | 21.75M | 21.18M | 23.05M | 19M | 17.79M | 19.72M | 20.89M | 23.75M | 25.14M | 28.25M | 32.41M | 33.68M | 26.83M | 25.98M | 24.99M |
| Common Stock | 1.77K | 1.08K | 1.05K | 31.36K | 31.36K | 31.36K | 31.36K | 31.36K | 29.82K | 29.71K | 29.71K | 29.71K | 29.57K | 29.57K | 29.57K | 29.57K | 29.57K | 26.49K | 26.45K | 26.45K |
| Retained Earnings | -20.38M | -16.93M | -15.73M | -15.2M | -12.38M | -12.04M | -12.26M | -10.23M | -10.89M | -11.9M | -9.99M | -8.7M | -5.74M | -4.21M | -919.43K | 3.26M | 4.61M | 3.43M | 2.63M | 1.75M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 48.93K | 64.67K | 65.05K | 40.11K | -206.89K | -109.33K | -265.46K | -210.41K | -153.97K | -223.1K | -62.84K | -62.13K | -41.04K | -58.65K | -105.8K | 5.68K | -3.23K | 0 | 0 | 0 |
| Minority Interest | -47.46K | -47.46K | -47.46K | -47.46K | -46.97K | -44.2K | -41.04K | -38.2K | -34.52K | -30.91K | -27.75K | -24.91K | -22.11K | -18.87K | -16.04K | -13.23K | -4.07K | 0 | 0 | 0 |