Lantronix, Inc. (LTRX) 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 | 76.98M | 77.9M | 74.42M | 77.39M | 76.46M | 85.55M | 92.62M | 88.95M | 97.88M | 99.91M | 98.91M | 96.55M | 95.89M | 90.05M | 90.56M | 90.03M | 85.16M | 94.34M | 63.29M | 43.15M |
| Cash & Short-Term Investments | 23.52M | 22.96M | 22.19M | 20.1M | 20M | 19.21M | 26.39M | 26.24M | 24.64M | 22.15M | 19.48M | 13.45M | 12.79M | 6.8M | 13.13M | 17.22M | 22.78M | 36.36M | 10.27M | 9.74M |
| Cash Only | 23.52M | 22.96M | 22.19M | 20.1M | 20M | 19.21M | 26.39M | 26.24M | 24.64M | 22.15M | 19.48M | 13.45M | 12.79M | 6.8M | 13.13M | 17.22M | 22.78M | 36.36M | 10.27M | 9.74M |
| 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 | 24.39M | 24.38M | 22.38M | 28.16M | 25.29M | 33.95M | 33.52M | 32.68M | 30.1M | 32.15M | 30.73M | 30.7M | 27.92M | 30.46M | 27.6M | 29.72M | 25.22M | 25.62M | 22.91M | 15.47M |
| Days Sales Outstanding | 72.72 | 72.23 | 78.03 | 84.33 | 93.52 | 99.6 | 88.47 | 58.21 | 68.78 | 78.1 | 85.56 | 76.38 | 79.7 | 84.77 | 82.92 | 69.54 | 70.77 | 66.28 | 63.74 | 62.52 |
| Inventory | 26.42M | 27.07M | 26.75M | 26.37M | 28.15M | 29.07M | 29.53M | 27.7M | 40.55M | 42.77M | 45.8M | 49.74M | 51.73M | 49.16M | 45.26M | 37.68M | 33.17M | 29.37M | 26.56M | 15.06M |
| Days Inventory Outstanding | 136.2 | 140.83 | 148.58 | 143.38 | 159.96 | 150.79 | 131.97 | 102.31 | 153.63 | 185.13 | 232.09 | 218.52 | 247.69 | 245.21 | 214.83 | 154.39 | 150.42 | 133.7 | 125.6 | 129.78 |
| Other Current Assets | 2.65M | 3.49M | 3.1M | 2.76M | 3.03M | 3.33M | 3.17M | 2.33M | 2.59M | 2.84M | 2.9M | 2.66M | 3.44M | 3.63M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 43.04M | 43.83M | 45.14M | 46.33M | 47.73M | 48.67M | 45.24M | 47.26M | 49.51M | 51.72M | 53.49M | 55.07M | 55.6M | 57.74M | 59.58M | 47.34M | 45.82M | 40.14M | 41.89M | 29.41M |
| Property, Plant & Equipment | 8.98M | 9.53M | 10.22M | 10.88M | 11.74M | 12.59M | 12.81M | 13.58M | 14.54M | 15.43M | 16.03M | 16.21M | 15.23M | 15.92M | 16.3M | 11.69M | 10.69M | 3.62M | 3.96M | 4.01M |
| Fixed Asset Turnover | 3.26x | 3.01x | 2.82x | 2.55x | 2.34x | 2.45x | 2.61x | 3.49x | 2.75x | 2.35x | 2.05x | 2.22x | 2.12x | 1.96x | 2.27x | 3.21x | 4.52x | 8.90x | 6.96x | 5.35x |
| Goodwill | 31.09M | 31.09M | 31.09M | 31.09M | 31.09M | 30.49M | 27.82M | 27.82M | 27.82M | 27.82M | 27.82M | 27.82M | 27.86M | 27.15M | 27.15M | 20.77M | 18.76M | 18.76M | 18.27M | 15.81M |
| Intangible Assets | 2.33M | 2.54M | 3.14M | 3.74M | 4.31M | 4.91M | 4M | 5.25M | 6.56M | 7.87M | 9.18M | 10.56M | 12.03M | 14.11M | 15.61M | 14.56M | 16.04M | 17.52M | 19.4M | 9.36M |
| 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 | 643K | 667K | 693K | 624K | 584K | 683K | 607K | 600K | 586K | 589K | 461K | 472K | 485K | 559K | 510K | 325K | 332K | 251K | 273K | 240K |
| Total Assets | 120.02M | 121.73M | 119.57M | 123.72M | 124.19M | 134.22M | 137.86M | 136.21M | 147.39M | 151.62M | 152.4M | 151.62M | 151.49M | 147.78M | 150.13M | 137.37M | 130.98M | 134.48M | 105.19M | 72.57M |
| Asset Turnover | 0.25x | 0.25x | 0.24x | 0.23x | 0.22x | 0.23x | 0.25x | 0.35x | 0.28x | 0.24x | 0.22x | 0.23x | 0.22x | 0.21x | 0.22x | 0.27x | 0.24x | 0.28x | 0.31x | 0.29x |
| Asset Growth % | -3.36% | -9.31% | -13.27% | -9.17% | -15.74% | -11.48% | -9.54% | -10.17% | -2.7% | 2.6% | 1.51% | 10.37% | 15.66% | 9.9% | 42.73% | 89.31% | 91.86% | 96.54% | 53.94% | 6.82% |
| Total Current Liabilities | 28.09M | 28.37M | 24.72M | 30.42M | 28.57M | 33.44M | 35.51M | 30.16M | 43.57M | 47.99M | 48.75M | 46.39M | 45.95M | 39.48M | 40.24M | 35.52M | 33.34M | 30.16M | 31.1M | 22.86M |
| Accounts Payable | 13.73M | 12.67M | 9.63M | 13.26M | 11.01M | 15.97M | 17.15M | 10.35M | 13.85M | 9.6M | 9.15M | 12.4M | 15.19M | 16.72M | 15.38M | 20.64M | 15.51M | 13.31M | 15.6M | 9.12M |
| Days Payables Outstanding | 67.21 | 58.35 | 64.02 | 63.81 | 75.42 | 85.23 | 63.41 | 36.26 | 43.22 | 39.18 | 52.36 | 59.42 | 78.34 | 83.35 | 93.31 | 78.79 | 69.31 | 69.11 | 74.61 | 68.53 |
| Short-Term Debt | 0 | 0 | 0 | 3.07M | 3.06M | 3.06M | 3.06M | 3M | 3M | 3M | 3M | 2.74M | 2.48M | 4.22M | 3.96M | 1.67M | 1.67M | 1.47M | 1.51M | 1.47M |
| Deferred Revenue (Current) | 0 | 4.18M | 3.95M | 3.62M | 2.86M | 3.01M | 3.14M | 3.45M | 2.73M | 22.94M | 23.87M | 18.84M | 14.81M | 5.69M | 5.88M | 1.89M | 1.98M | 1.74M | 2.06M | 1.98M |
| Other Current Liabilities | 10.5M | 642K | 649K | 663K | 798K | 6.11M | 848K | 840K | 16.83M | 6.58M | 807K | 788K | 748K | 596K | 572K | 594K | 635K | 635K | 670K | 197K |
| Current Ratio | 2.74x | 2.75x | 3.01x | 2.54x | 2.68x | 2.56x | 2.61x | 2.95x | 2.25x | 2.08x | 2.03x | 2.08x | 2.09x | 2.28x | 2.25x | 2.53x | 2.55x | 3.13x | 2.04x | 1.89x |
| Quick Ratio | 1.80x | 1.79x | 1.93x | 1.68x | 1.69x | 1.69x | 1.78x | 2.03x | 1.32x | 1.19x | 1.09x | 1.01x | 0.96x | 1.04x | 1.13x | 1.47x | 1.56x | 2.15x | 1.18x | 1.23x |
| Cash Conversion Cycle | 141.72 | 154.71 | 162.58 | 163.9 | 178.06 | 165.16 | 157.04 | 124.25 | 179.19 | 224.05 | 265.3 | 235.48 | 249.05 | 246.62 | 204.45 | 145.14 | 151.88 | 130.88 | 114.73 | 123.77 |
| Total Non-Current Liabilities | 17.45M | 18.94M | 20.39M | 18.92M | 20.15M | 22.88M | 23.42M | 24.7M | 25.73M | 26.86M | 26.66M | 27.68M | 27.51M | 28.79M | 30.15M | 21.96M | 22.61M | 27.81M | 28.45M | 3.61M |
| Long-Term Debt | 8.69M | 9.68M | 10.66M | 8.68M | 9.46M | 11.63M | 12.41M | 13.22M | 13.97M | 14.72M | 15.47M | 16.22M | 16.97M | 17.72M | 18.47M | 14.27M | 14.69M | 26.52M | 27.07M | 2.21M |
| Capital Lease Obligations | 0 | 7.04M | 7.43M | 7.81M | 8M | 8.41M | 8.2M | 8.56M | 8.99M | 9.45M | 9.88M | 10.43M | 9.51M | 9.85M | 10.22M | 7.31M | 7.57M | 920K | 1.07M | 1.16M |
| Deferred Tax Liabilities | 0 | 193K | 183K | 172K | 406K | 317K | 248K | 179K | 353K | 284K | 215K | 146K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 8.76M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 45.55M | 47.31M | 45.12M | 49.34M | 48.72M | 56.31M | 58.93M | 54.85M | 69.31M | 74.85M | 75.41M | 74.07M | 73.46M | 68.27M | 70.39M | 57.48M | 55.95M | 57.97M | 59.55M | 26.47M |
| Total Debt | 8.69M | 18.31M | 19.74M | 21.16M | 22.13M | 24.79M | 25.36M | 26.55M | 27.82M | 29.08M | 30.3M | 31.25M | 30.55M | 33.44M | 34.34M | 24.23M | 24.79M | 29.71M | 30.71M | 6.01M |
| Net Debt | -14.82M | -4.65M | -2.45M | 1.06M | 2.13M | 5.58M | -1.04M | 314K | 3.18M | 6.94M | 10.82M | 17.8M | 17.75M | 26.63M | 21.22M | 7.01M | 2.01M | -6.66M | 20.44M | -3.73M |
| Debt / Equity | 0.12x | 0.25x | 0.27x | 0.28x | 0.29x | 0.32x | 0.32x | 0.33x | 0.36x | 0.38x | 0.39x | 0.40x | 0.39x | 0.42x | 0.43x | 0.30x | 0.33x | 0.39x | 0.67x | 0.13x |
| Debt / EBITDA | - | 1307.95x | - | - | - | - | - | 10.89x | 15.57x | 570.25x | 89.64x | 25.72x | - | - | 86.50x | 10.37x | - | - | - | - |
| Net Debt / EBITDA | - | -332.45x | - | - | - | - | - | 0.13x | 1.78x | 136.02x | 32.01x | 14.65x | - | - | 53.44x | 3.00x | - | - | - | - |
| Interest Coverage | -396.00x | -119.78x | -89.60x | -29.78x | -22.63x | -17.08x | -18.19x | 3.28x | -0.54x | -7.68x | -4.60x | -2.01x | -5.29x | -6.04x | -5.10x | 3.31x | -9.28x | -2.85x | -4.91x | 8.01x |
| Total Equity | 74.47M | 74.42M | 74.45M | 74.38M | 75.47M | 77.91M | 78.93M | 81.36M | 78.08M | 76.78M | 76.99M | 77.56M | 78.03M | 79.52M | 79.74M | 79.9M | 75.03M | 76.51M | 45.63M | 46.1M |
| Equity Growth % | -1.32% | -4.48% | -5.68% | -8.58% | -3.35% | 1.48% | 2.52% | 4.9% | 0.07% | -3.45% | -3.45% | -2.93% | 4% | 3.93% | 74.73% | 73.33% | 63.44% | 65.92% | -1.86% | -0.91% |
| Book Value per Share | 1.89 | 1.89 | 1.90 | 1.91 | 1.94 | 2.02 | 2.08 | 2.14 | 2.08 | 2.06 | 2.08 | 2.11 | 2.13 | 2.19 | 2.25 | 2.21 | 2.16 | 2.40 | 1.56 | 1.59 |
| Total Shareholders' Equity | 74.47M | 74.42M | 74.45M | 74.38M | 75.47M | 77.91M | 78.93M | 81.36M | 78.08M | 76.78M | 76.99M | 77.56M | 78.03M | 79.52M | 79.74M | 79.9M | 75.03M | 76.51M | 45.63M | 46.1M |
| Common Stock | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 3K | 3K | 3K | 3K |
| Retained Earnings | -238.31M | -237.13M | -235.79M | -234.39M | -231.76M | -227.9M | -225.52M | -223.02M | -223.41M | -222.98M | -220.39M | -218.5M | -216.85M | -213.79M | -211.18M | -209.53M | -212.03M | -208.84M | -206.45M | -204.16M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 344K | 371K | 371K | 371K | 371K | 371K | 371K | 371K | 371K | 371K | 371K | 371K | 371K | 371K | 371K | 371K | 371K | 371K | 371K | 371K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |