Rockwell Medical, Inc. (RMTI) 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 | 36.94M | 38.16M | 37.51M | 31.61M | 33.03M | 37.03M | 34.22M | 29.75M | 26.7M | 28.77M | 28.17M | 27.57M | 29.69M | 35.31M | 42.36M | 47.24M | 24.8M | 35.29M | 46.08M | 52.4M |
| Cash & Short-Term Investments | 23.89M | 25M | 23.71M | 18.42M | 17.33M | 21.6M | 18.27M | 11.86M | 8.62M | 10.94M | 11.73M | 14.87M | 16.83M | 21.49M | 27.56M | 30.78M | 9.91M | 22.44M | 33.2M | 40.95M |
| Cash Only | 9.61M | 10.71M | 13.61M | 12.48M | 11.39M | 15.66M | 12.34M | 11.86M | 6.64M | 8.98M | 7.76M | 8.96M | 10.89M | 10.1M | 12.98M | 30.78M | 9.91M | 13.28M | 23.39M | 32.38M |
| Short-Term Investments | 14.28M | 14.29M | 10.1M | 5.94M | 5.94M | 5.94M | 5.93M | 0 | 1.98M | 1.95M | 3.97M | 5.91M | 5.94M | 11.39M | 14.58M | 0 | 0 | 9.16M | 9.81M | 8.57M |
| Accounts Receivable | 8.82M | 8.14M | 8.33M | 8.08M | 9.67M | 8.29M | 8.89M | 10.84M | 11.09M | 10.9M | 9.36M | 5.41M | 6.02M | 6.26M | 7.37M | 8.09M | 7.12M | 5.91M | 6.04M | 5.36M |
| Days Sales Outstanding | 44.04 | 41.3 | 47.4 | 50.26 | 42.73 | 32.03 | 32.05 | 38.63 | 44.13 | 42.19 | 28.59 | 28.77 | 28.1 | 32.45 | 38.04 | 37.05 | 36.38 | 35.85 | 32.78 | 35.93 |
| Inventory | 3.06M | 3.42M | 3.96M | 4.16M | 5.04M | 5.78M | 5.89M | 5.88M | 6.07M | 5.87M | 5.49M | 5.81M | 5.59M | 5.81M | 5.02M | 5.17M | 5.53M | 4.08M | 4.03M | 4.68M |
| Days Inventory Outstanding | 20.19 | 23.49 | 27.37 | 30.87 | 30.69 | 25.51 | 24.53 | 25.56 | 27.71 | 27.18 | 24.1 | 30.45 | 30.08 | 29.36 | 26.17 | 28.75 | 25.57 | 21.23 | 24.54 | 25.98 |
| Other Current Assets | 1.17M | 1.6M | 1.51M | 943K | 988K | 1.36M | 1.17M | 1.17M | 910K | 1.06M | 1.6M | 1.48M | 1.24M | 1.75M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 20.48M | 18.98M | 19.97M | 21.02M | 20.93M | 22.18M | 22.87M | 23.27M | 24.03M | 23.4M | 24.43M | 10.47M | 10.78M | 11.32M | 11.83M | 11.87M | 12.64M | 13.29M | 12.62M | 11.29M |
| Property, Plant & Equipment | 9.48M | 7.85M | 8.7M | 9.6M | 9.42M | 10.34M | 10.88M | 11.14M | 11.78M | 11.02M | 11.91M | 7.75M | 5.74M | 8.61M | 9.19M | 8.96M | 9.58M | 10.22M | 9.44M | 8.61M |
| Fixed Asset Turnover | 2.00x | 2.22x | 1.74x | 1.69x | 1.91x | 2.32x | 2.57x | 2.25x | 1.99x | 1.93x | 2.42x | 2.68x | 2.74x | 2.17x | 2.06x | 2.02x | 1.63x | 1.56x | 1.77x | 1.90x |
| Goodwill | 921K | 921K | 921K | 921K | 921K | 921K | 921K | 921K | 921K | 921K | 921K | 921K | 921K | 921K | 921K | 921K | 921K | 921K | 921K | 921K |
| Intangible Assets | 9.52M | 9.66M | 9.79M | 9.93M | 10.07M | 10.21M | 10.35M | 10.48M | 10.62M | 10.76M | 10.9M | 0 | 2.33M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 556K | 556K | 561K | 561K | 521K | 706K | 726K | 726K | 705K | 705K | 705K | 1.8M | 1.8M | 1.8M | 1.72M | 1.99M | 2.14M | 2.14M | 2.25M | 1.75M |
| Total Assets | 57.42M | 57.15M | 57.49M | 52.63M | 53.96M | 59.21M | 57.08M | 53.03M | 50.72M | 52.17M | 52.61M | 38.04M | 40.47M | 46.63M | 54.19M | 59.12M | 37.44M | 48.57M | 58.7M | 63.68M |
| Asset Turnover | 0.30x | 0.32x | 0.29x | 0.30x | 0.33x | 0.42x | 0.51x | 0.50x | 0.44x | 0.42x | 0.52x | 0.46x | 0.45x | 0.38x | 0.33x | 0.39x | 0.37x | 0.29x | 0.26x | 0.23x |
| Asset Growth % | 6.42% | -3.48% | 0.7% | -0.76% | 6.38% | 13.48% | 8.51% | 39.41% | 25.33% | 11.88% | -2.92% | -35.66% | 8.11% | -3.99% | -7.69% | -7.17% | -46.1% | -37.52% | -31.13% | 8.7% |
| Total Current Liabilities | 9.87M | 9.58M | 9.58M | 10.95M | 11.21M | 14.09M | 14.18M | 14.89M | 14.95M | 16.64M | 21.41M | 17.45M | 15.07M | 17.69M | 19.34M | 18.54M | 19.59M | 20.97M | 21.76M | 34.04M |
| Accounts Payable | 3.45M | 2M | 1.52M | 1.5M | 1.93M | 2.87M | 2.61M | 3.35M | 4.92M | 4.52M | 3.93M | 5.93M | 5.2M | 4.05M | 3.05M | 2.94M | 4.22M | 3.74M | 4.83M | 4.93M |
| Days Payables Outstanding | 16.97 | 11.2 | 10.19 | 11.49 | 13.59 | 11.98 | 12.41 | 17.67 | 21.89 | 20.21 | 21.02 | 29.7 | 24.4 | 19.25 | 15.39 | 19.25 | 21.19 | 22.45 | 27.53 | 24.34 |
| Short-Term Debt | 773K | 264K | 462K | 660K | 67K | 268K | 469K | 670K | 0 | 244K | 6.12M | 5.36M | 3.13M | 2.13M | 6.14M | 6.64M | 6.63M | 7.82M | 8.44M | 21.13M |
| Deferred Revenue (Current) | 70K | 356K | 203K | 111K | 132K | 143K | 397K | 172K | 247K | 289K | 73K | 297K | 373K | 1.8M | 2.27M | 2.36M | 2.38M | 2.31M | 2.28M | 2.31M |
| Other Current Liabilities | 1.92M | 3.64M | 4.14M | 4.23M | 3.99M | 5.29M | 5.27M | 4.54M | 4.23M | 5.17M | 4.94M | 1.75M | 2.11M | 2.87M | 3.3M | 2.61M | 1.62M | 2.17M | 2.63M | 1.95M |
| Current Ratio | 3.74x | 3.98x | 3.92x | 2.89x | 2.95x | 2.63x | 2.41x | 2.00x | 1.79x | 1.73x | 1.32x | 1.58x | 1.97x | 2.00x | 2.19x | 2.55x | 1.27x | 1.68x | 2.12x | 1.54x |
| Quick Ratio | 3.43x | 3.63x | 3.50x | 2.51x | 2.50x | 2.22x | 2.00x | 1.60x | 1.38x | 1.38x | 1.06x | 1.25x | 1.60x | 1.67x | 1.93x | 2.27x | 0.98x | 1.49x | 1.93x | 1.40x |
| Cash Conversion Cycle | 47.27 | 53.59 | 64.58 | 69.64 | 59.83 | 45.57 | 44.17 | 46.52 | 49.95 | 49.16 | 31.67 | 29.52 | 33.78 | 42.56 | 48.82 | 46.55 | 40.75 | 34.62 | 29.79 | 37.57 |
| Total Non-Current Liabilities | 11.7M | 10.58M | 10.88M | 11.27M | 11.23M | 12.53M | 13.77M | 14.64M | 15.13M | 14.24M | 9.68M | 11.06M | 12.86M | 14.84M | 18.71M | 20.44M | 22.65M | 25.07M | 25.85M | 11.44M |
| Long-Term Debt | 8.21M | 8.83M | 8.74M | 8.65M | 8.56M | 8.47M | 8.38M | 8.29M | 8.27M | 8.29M | 3.33M | 4.74M | 6.15M | 7.55M | 8.96M | 10.37M | 11.78M | 13.19M | 14.09M | 0 |
| Capital Lease Obligations | 3.49M | 1.76M | 2.15M | 2.62M | 2.17M | 2.63M | 3.18M | 3.38M | 3.89M | 2.96M | 3.35M | 3.83M | 4.16M | 4.67M | 5.17M | 4.95M | 5.4M | 5.89M | 5.23M | 4.51M |
| 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 | 500K | 1M | 1.76M | 2.51M | 2.51M | 2.51M | 2.51M | 14K | 14K | 14K | 14K | 14K | 14K | 14K | 0 | 0 |
| Total Liabilities | 21.57M | 20.16M | 20.47M | 22.22M | 22.44M | 26.62M | 27.95M | 29.53M | 30.08M | 30.88M | 31.09M | 28.51M | 27.93M | 32.53M | 38.05M | 38.97M | 42.24M | 46.04M | 47.6M | 45.48M |
| Total Debt | 14.39M | 12.47M | 13.13M | 14.01M | 12.87M | 13.54M | 14.18M | 14.38M | 14.18M | 13.44M | 14.88M | 16.04M | 15.45M | 16.36M | 22.26M | 23.89M | 25.79M | 28.89M | 29.59M | 27.31M |
| Net Debt | 4.78M | 1.76M | -485K | 1.52M | 1.48M | -2.13M | 1.84M | 2.51M | 7.54M | 4.46M | 7.12M | 7.08M | 4.55M | 6.26M | 9.28M | -6.89M | 15.88M | 15.62M | 6.21M | -5.07M |
| Debt / Equity | 0.40x | 0.34x | 0.35x | 0.46x | 0.41x | 0.42x | 0.49x | 0.61x | 0.69x | 0.63x | 0.69x | 1.68x | 1.23x | 1.16x | 1.38x | 1.19x | - | 11.40x | 2.67x | 1.50x |
| Debt / EBITDA | - | 84.27x | - | - | - | 563.96x | 5.72x | 13.51x | - | 4479.67x | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | 11.90x | - | - | - | -88.63x | 0.74x | 2.36x | - | 1485.33x | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -4.69x | -0.94x | -5.15x | -4.41x | -4.47x | -1.62x | 6.51x | 2.48x | -3.02x | -0.36x | -3.55x | -7.37x | -3.52x | -4.40x | -7.80x | -9.24x | -12.26x | -14.21x | -11.45x | -13.41x |
| Total Equity | 35.86M | 36.98M | 37.02M | 30.41M | 31.52M | 32.59M | 29.14M | 23.5M | 20.64M | 21.29M | 21.52M | 9.53M | 12.54M | 14.11M | 16.14M | 20.14M | -4.81M | 2.54M | 11.09M | 18.2M |
| Equity Growth % | 13.75% | 13.49% | 27.06% | 29.41% | 52.7% | 53.05% | 35.4% | 146.62% | 64.59% | 50.94% | 33.35% | -52.7% | 360.91% | 456.45% | 45.45% | 10.67% | -118.36% | -92.58% | -73.63% | 12.28% |
| Book Value per Share | 9.10 | 9.38 | 10.28 | 8.86 | 9.24 | 9.91 | 8.99 | 7.34 | 7.04 | 7.43 | 7.82 | 5.15 | 6.83 | 12.21 | 15.33 | 22.88 | -5.63 | 2.97 | 13.00 | 21.37 |
| Total Shareholders' Equity | 35.86M | 36.98M | 37.02M | 30.41M | 31.52M | 32.59M | 29.14M | 23.5M | 20.64M | 21.29M | 21.52M | 9.53M | 12.54M | 14.11M | 16.14M | 20.14M | -4.81M | 2.54M | 11.09M | 18.2M |
| Common Stock | 4K | 4K | 4K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 2K | 1K | 1K | 1K | 1K | 1K | 1K | 9K | 9K |
| Retained Earnings | -404.6M | -402.99M | -402.44M | -400.69M | -399.19M | -397.68M | -396.92M | -398.59M | -398.93M | -397.2M | -395.69M | -393.81M | -390.51M | -388.76M | -386.4M | -382.21M | -377.24M | -370.08M | -361.14M | -353.56M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 133K | 131K | 73K | 57K | 60K | 54K | 8K | -5K | 24K | -1K | 68K | 137K | 156K | 163K | 54K | 49K | 51K | 52K | 56K | 52K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |