Kaival Brands Innovations Group, Inc. (KAVL) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | 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 | Q3'21 |
|---|
| Total Current Assets | 423.76K | 931.43K | 669.26K | 1.41M | 1.94M | 2.82M | 4.51M | 5.8M | 1.9M | 4.04M | 6.91M | 6.61M | 7.94M | 10.4M | 9.07M | 12.87M | 17.25M | 23.76M | 30.13M | 23.84M |
| Cash & Short-Term Investments | 277.95K | 797.5K | 534.41K | 1.27M | 1.81M | 2.43M | 3.9M | 4.52M | 488.08K | 591.29K | 533.66K | 1M | 1.12M | 3.77M | 3.69M | 3.36M | 4.66M | 5.59M | 7.76M | 938.43K |
| Cash Only | 277.95K | 797.5K | 534.41K | 1.27M | 1.81M | 2.43M | 3.9M | 4.52M | 488.08K | 591.29K | 533.66K | 1M | 1.12M | 3.77M | 3.69M | 3.36M | 4.66M | 5.59M | 7.76M | 938.43K |
| 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 | 130K | 120K | 120K | 120K | 70K | 206.86K | 263.57K | 522.18K | 651.12K | 743.96K | 1.87M | 1.85M | 2.98M | 2.54M | 3.72M | 3.2M | 2.93M | 3.05M | 1.99M | 7.72M |
| Days Sales Outstanding | 296.43 | 118.79 | 119.24 | 61.37 | 3.02K | 106.81 | 49.18 | 75.61 | 28.2 | 37.42 | 43.2 | 61.99 | 81.44 | 114.11 | 105.73 | 73.31 | 86.95 | 81.5 | -2.52K | 345.52 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200.36K | 598.16K | 2.33M | 4.07M | 3.59M | 3.65M | 3.76M | 1.24M | 5.85M | 9.21M | 11.84M | 15.33M | 14.95M |
| Days Inventory Outstanding | - | - | - | - | - | - | - | 106.47 | 68.55 | 146.32 | 113.79 | 172.8 | 121.87 | 115.84 | 170.73 | 203.5 | 350.67 | 353.73 | -1.25K | 570.49 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 65.54K | 65.54K | 4.74M | 0 |
| Total Non-Current Assets | 0 | 0 | 0 | 10.09M | 10.29M | 11.25M | 11.49M | 11.74M | 11.99M | 12.23M | 12.48M | 14.57M | 2.88M | 2.64M | 3.36M | 1.25M | 48.3K | 51.95K | 55.6K | 59.25K |
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 | 761.08K | 812.18K | 862.74K | 912.75K | 962.26K | 1.01M | 1.06M | 1.11M | 1.16M | 1.2M | 1.25M | 48.3K | 51.95K | 55.6K | 59.25K |
| Fixed Asset Turnover | - | - | - | - | - | 0.26x | 0.88x | 0.80x | 2.37x | 3.26x | 3.82x | 3.31x | 2.67x | 2.15x | 2.46x | 5.95x | 61.04x | 52.85x | -3.08x | 56.38x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 10.09M | 10.29M | 10.49M | 10.68M | 10.88M | 11.08M | 11.27M | 11.47M | 11.66M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.84M | 1.77M | 1.48M | 2.16M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12.72M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 423.76K | 931.43K | 669.26K | 11.5M | 12.23M | 14.07M | 16M | 17.54M | 13.89M | 16.27M | 19.39M | 21.18M | 10.81M | 13.03M | 12.44M | 14.12M | 17.29M | 23.81M | 30.19M | 23.9M |
| Asset Turnover | 0.06x | 0.12x | 0.02x | 0.01x | 0.00x | 0.01x | 0.04x | 0.05x | 0.15x | 0.18x | 0.20x | 0.22x | 0.25x | 0.20x | 0.23x | 0.24x | 0.15x | 0.11x | -0.01x | 0.09x |
| Asset Growth % | -96.54% | -93.38% | -95.82% | -34.42% | -11.95% | -13.51% | -17.44% | -17.18% | 28.43% | 24.81% | 55.87% | 50.02% | -37.47% | -45.26% | -58.8% | -40.92% | -64.82% | 61.77% | 238.64% | 145.56% |
| Total Current Liabilities | 444.42K | 434.36K | 569.29K | 864.59K | 1.03M | 825.41K | 1.53M | 3.29M | 3.26M | 3.7M | 4.96M | 4.26M | 4.22M | 3.79M | 1.59M | 1.79M | 4.1M | 9.85M | 13.82M | 17.48M |
| Accounts Payable | 369.42K | 389.36K | 349.29K | 258.07K | 105.66K | 5.63K | 189.18K | 1.56M | 1.83M | 1.72M | 2.85M | 2.43M | 2.29M | 2.43M | 40.02K | 943.56K | 3.62M | 9.31M | 12.91M | 17.1M |
| Days Payables Outstanding | - | - | 118.88 | 85.11 | -115.25 | -56.04 | 409.49 | 451 | 82.94 | 104.37 | 78.44 | 112.65 | 77.61 | 57.26 | 23.69 | 61.65 | 215.33 | 289.31 | -1.24K | 722.18 |
| Short-Term Debt | 0 | 0 | 0 | 213.95K | 213.95K | 43.67K | 207.62K | 371.57K | 281.86K | 821.89K | 799.47K | 483.08K | 175.21K | 170.6K | 166.05K | 161.55K | 13.68K | 13.35K | 0 | 12.69K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 461.72K | 0 | 50K | 392.41K | 618.4K | 1.06M | 508.76K | 280.25K | 143.62K | 2.38K | 147.69K | 316.8K | 0 |
| Other Current Liabilities | 0 | 0 | 0 | -213.95K | -213.95K | 0 | 0 | 0 | 331.46K | 229.55K | 0 | 0 | 1.75M | 652.11K | 0 | -323.1K | -11.3K | 134.34K | 0 | -12.69K |
| Current Ratio | 0.95x | 2.14x | 1.18x | 1.63x | 1.88x | 3.42x | 2.95x | 1.76x | 0.58x | 1.09x | 1.39x | 1.55x | 1.88x | 2.75x | 5.72x | 7.18x | 4.20x | 2.41x | 2.18x | 1.36x |
| Quick Ratio | 0.95x | 2.14x | 1.18x | 1.63x | 1.88x | 3.42x | 2.95x | 1.70x | 0.40x | 0.46x | 0.57x | 0.71x | 1.02x | 1.75x | 4.94x | 3.92x | 1.96x | 1.21x | 1.07x | 0.51x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | -268.92 | 13.81 | 79.37 | 78.56 | 122.13 | 125.7 | 172.69 | 252.78 | 215.17 | 222.29 | 145.92 | -2.53K | 193.82 |
| Total Non-Current Liabilities | 0 | 0 | 0 | 553.5K | 553.5K | 608.19K | 662.27K | 715.75K | 767.45K | 817.11K | 866.21K | 914.76K | 961.59K | 1.01M | 1.05M | 1.09M | 39.18K | 42.69K | 46.19K | 49.67K |
| 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 | 0 | 0 | 0 | 553.5K | 553.5K | 608.19K | 662.27K | 715.75K | 767.45K | 817.11K | 866.21K | 914.76K | 961.59K | 1.01M | 1.05M | 1.09M | 39.18K | 42.69K | 46.19K | 49.67K |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 444.42K | 434.36K | 569.29K | 1.42M | 1.59M | 1.43M | 2.19M | 4.01M | 4.03M | 4.52M | 5.83M | 5.17M | 5.18M | 4.79M | 2.64M | 2.89M | 4.14M | 9.89M | 13.87M | 17.53M |
| Total Debt | 0 | 0 | 0 | 767.45K | 767.45K | 860.77K | 1.07M | 1.29M | 1.24M | 1.83M | 1.85M | 1.58M | 1.14M | 1.18M | 1.22M | 1.26M | 52.86K | 56.03K | 59.2K | 62.37K |
| Net Debt | -277.95K | -797.5K | -534.41K | -501.48K | -1.04M | -1.57M | -2.83M | -3.24M | 755.37K | 1.24M | 1.32M | 574.49K | 12.43K | -2.6M | -2.47M | -2.1M | -4.61M | -5.53M | -7.7M | -876.07K |
| Debt / Equity | - | - | - | 0.08x | 0.07x | 0.07x | 0.08x | 0.10x | 0.13x | 0.16x | 0.14x | 0.10x | 0.20x | 0.14x | 0.12x | 0.11x | 0.00x | 0.00x | 0.00x | 0.01x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | -668.08x | -487.30x | -996.09x | -357.77x | -9.20x | -4.63x | -5.72x | -6.16x | -11.24x | - | - | - | - | - | - | - | - |
| Total Equity | -20.66K | 497.07K | 99.97K | 10.09M | 10.64M | 12.64M | 13.82M | 13.53M | 9.86M | 11.75M | 13.56M | 16.01M | 5.63M | 8.24M | 9.8M | 11.23M | 13.15M | 13.93M | 16.32M | 6.37M |
| Equity Growth % | -100.19% | -96.07% | -99.28% | -25.49% | 7.89% | 7.57% | 1.91% | -15.46% | 75.13% | 42.54% | 38.33% | 42.56% | -57.18% | -40.82% | -39.96% | 76.31% | 42.58% | 139.7% | 269.53% | 58.31% |
| Book Value per Share | -0.00 | 0.04 | 0.01 | 0.87 | 2.47 | 2.93 | 3.20 | 3.02 | 3.45 | 4.11 | 4.86 | 5.84 | 2.11 | 3.08 | 3.67 | 5.68 | 9.00 | 9.67 | 13.26 | 5.67 |
| Total Shareholders' Equity | -20.66K | 497.07K | 99.97K | 10.09M | 10.64M | 12.64M | 13.82M | 13.53M | 9.86M | 11.75M | 13.56M | 16.01M | 5.63M | 8.24M | 9.8M | 11.23M | 13.15M | 13.93M | 16.32M | 6.37M |
| Common Stock | 19.54K | 13.54K | 11.59K | 11.54K | 11.54K | 11.54K | 8.52K | 6.78K | 2.86K | 2.86K | 2.79K | 58.26K | 56.17K | 56.17K | 56.17K | 56.17K | 31.17K | 30.24K | 30.2K | 23.6K |
| Retained Earnings | -55.29M | -54.71M | -54.09M | -44.08M | -43.52M | -41.52M | -37.46M | -35.98M | -34.4M | -32.88M | -30.76M | -28.39M | -26.59M | -22.63M | -19.63M | -16.91M | -13.05M | -8.04M | -5.26M | -3.61M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -900 | -2.86K | -2.79K | -58.26K | 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 |