Financial leverage has escalated significantly, with total debt rising to $15.7 billion in 2026Q1, resulting in a debt-to-equity ratio of 1.29.
| Total Current Assets | 51.74B | 52.4B | 45.97B | 37.15B | 30.66B | 29.94B | 29.27B | 4.58B | 12.44B | 6B | 3.32B |
| Cash & Short-Term Investments | 10.08B | 5.94B | 14.55B | 12.06B | 8.93B | 8.84B | 11.29B | 970.83M | 3.07B | 843.71M | 236.99M |
| Cash Only | 6.02B | 4.82B | 5.23B | 2.18B | 1.51B | 4.5B | 2.45B | 240.72M | 297.9M | 641.95M | 170.65M |
| Short-Term Investments | 4.07B | 1.12B | 9.32B | 9.88B | 7.41B | 4.34B | 8.84B | 730.11M | 2.77B | 201.76M | 66.34M |
| Accounts Receivable | 40.31B | 44.17B | 30.89B | 24.71B | 21.33B | 20.39B | 17.78B | 3.57B | 9.29B | 5.15B | 3.08B |
| Days Sales Outstanding | 1.34K | 1.14K | 884.96 | 793.71 | 863.49 | 1.63K | 2.05K | 545.51 | 2.22K | 2.53K | 2.65K |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 39K | -201.76M | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | 0.04 | - | - |
| Other Current Assets | 1.34B | 2.29B | 527.07M | 385.04M | 272.5M | 552.19M | 137.84M | 29.93M | 8.05M | 0 | 300K |
| Total Non-Current Assets | 7.4B | 9.87B | 8.85B | 11.54B | 11.59B | 12.15B | 2.47B | 298.52M | 855.4M | 636.22M | 520.18M |
| Property, Plant & Equipment | 1.72B | 1.72B | 1.83B | 1.66B | 1.64B | 1.57B | 717.23M | 136.38M | 266.3M | 189.63M | 93.42M |
| Fixed Asset Turnover | 6.34x | 8.21x | 6.95x | 6.84x | 5.49x | 2.92x | 4.42x | 17.52x | 5.74x | 3.91x | 4.53x |
| Goodwill | 663.15M | 671.04M | 2.08B | 5.63B | 5.65B | 5.59B | 654.04M | 35.6M | 143.19M | 118.71M | 118.71M |
| Intangible Assets | 1.32B | 1.31B | 3.38B | 3.16B | 2.98B | 2.69B | 385.84M | 57.3M | 164.46M | 115.38M | 121.02M |
| Long-Term Investments | 1.65B | 714.34M | 108.38M | 128.71M | 324.52M | 1.3B | 51.98M | 10.21M | 2.2M | 1.74M | 1.69M |
| Other Non-Current Assets | 244.68M | 4.19B | 576.32M | 290.94M | 308.24M | 420.1M | 526.04M | 11.11M | 16.5M | 12.52M | 2.35M |
| Total Assets | 59.13B | 62.27B | 54.81B | 48.69B | 42.25B | 42.1B | 31.75B | 4.87B | 13.29B | 6.64B | 3.84B |
| Asset Turnover | 0.19x | 0.23x | 0.23x | 0.23x | 0.21x | 0.11x | 0.10x | 0.49x | 0.12x | 0.11x | 0.11x |
| Asset Growth % | 40.74% | 13.6% | 12.57% | 15.26% | 0.35% | 32.59% | 551.42% | -63.34% | 100.33% | 72.84% | - |
| Total Current Liabilities | 38.76B | 40.39B | 33.53B | 28.83B | 25.17B | 22.79B | 13.38B | 2.95B | 6.05B | 3.82B | 3.12B |
| Accounts Payable | 18.33B | 18.92B | 672.18M | 513.88M | 596.04M | 372.55M | 180.49M | 1.64B | 117.84M | 53.24M | 38.21M |
| Days Payables Outstanding | 982.44 | 2.05K | 72.39 | 62.88 | 81.49 | 79.34 | 85.56 | 1.4K | 133.14 | 86.71 | 104.71 |
| Short-Term Debt | 8.74B | 8.64B | 4.92B | 1.85B | 2.77B | 3.81B | 3.1B | 1.25B | 777.7M | 22.53M | 22.8M |
| Deferred Revenue (Current) | 17.85B | 0 | 8.7B | 6.12B | 4.02B | 2.2B | 900.45M | 0 | 5.16B | 3.74B | 7.05M |
| Other Current Liabilities | 10.44B | 11.4B | 870.01M | 639.83M | 823.92M | 442.09M | 199.71M | 22.24M | 111.49M | 35.96M | 16.42M |
| Current Ratio | 1.33x | 1.30x | 1.37x | 1.29x | 1.22x | 1.31x | 2.19x | 1.55x | 2.05x | 1.57x | 1.06x |
| Quick Ratio | 1.33x | 1.30x | 1.37x | 1.29x | 1.22x | 1.31x | 2.19x | 1.55x | 2.05x | 1.62x | 1.06x |
| Cash Conversion Cycle | 356.53 | - | - | - | - | - | - | - | 2.08K | - | - |
| Total Non-Current Liabilities | 8.24B | 10.05B | 9.45B | 5.19B | 4.12B | 5.68B | 3.38B | 437.57M | 2.15B | 2.33B | 130.09M |
| Long-Term Debt | 6.91B | 8.79B | 7.73B | 3.5B | 2.58B | 4.28B | 2.81B | 402.71M | 2.06B | 2.06B | 18.02M |
| Capital Lease Obligations | 142.22M | 142.22M | 197.11M | 143.46M | 144.56M | 206.92M | 126M | 21.75M | 0 | 0 | 0 |
| Deferred Tax Liabilities | 1.3B | 308.98M | 680.67M | 546.51M | 500.25M | 629.91M | 61.09M | 2.66M | 80.2M | 52.27M | 33.41M |
| Other Non-Current Liabilities | 920.75M | 810.22M | 845.59M | 1B | 892.56M | 561.21M | 376.38M | 10.45M | 80.3M | 270.24M | 112.07M |
| Total Liabilities | 47B | 50.44B | 42.99B | 34.02B | 29.3B | 28.47B | 16.76B | 3.39B | 8.2B | 6.15B | 3.25B |
| Total Debt | 15.65B | 17.57B | 12.9B | 5.52B | 5.55B | 8.36B | 6.08B | 1.68B | 2.84B | 2.08B | 40.83M |
| Net Debt | 9.64B | 12.75B | 7.67B | 3.34B | 4.04B | 3.87B | 3.64B | 1.44B | 2.54B | 1.44B | -129.82M |
| Debt / Equity | 1.29x | 1.49x | 1.09x | 0.38x | 0.43x | 0.61x | 0.41x | 1.13x | 0.56x | 4.31x | 0.07x |
| Debt / EBITDA | 2.88x | 2.12x | 1.96x | 0.94x | 1.29x | 5.84x | 3.72x | 1.13x | 3.57x | 6.76x | 0.23x |
| Net Debt / EBITDA | 1.77x | 1.54x | 1.17x | 0.57x | 0.94x | 2.70x | 2.23x | 0.97x | 3.19x | 4.68x | -0.73x |
| Interest Coverage | 1.03x | 2.45x | 5.41x | 7.55x | 3.65x | 1.70x | 3.92x | 3.72x | 2.23x | 0.49x | 0.33x |
| Total Equity | 12.13B | 11.82B | 11.83B | 14.68B | 12.95B | 13.63B | 14.99B | 1.48B | 5.09B | 482.58M | 587.24M |
| Equity Growth % | -40.99% | -0.05% | -19.41% | 13.33% | -4.97% | -9.1% | 909.68% | -70.85% | 955.38% | -17.82% | - |
| Book Value per Share | 47.87 | 43.23 | 39.20 | 45.97 | 41.52 | 44.11 | 51.04 | 5.35 | 18.37 | 1.74 | 2.86 |
| Total Shareholders' Equity | 12.09B | 11.78B | 11.78B | 14.62B | 12.89B | 13.54B | 14.85B | 1.48B | 5.09B | 467.37M | 529.12M |
| Common Stock | 75.06K | 75.96K | 76K | 76K | 76K | 76K | 75K | 15.41K | 100K | 46K | 41K |
| Retained Earnings | 3.63B | 1.97B | -346.36M | 1.17B | -423.2M | 96.21M | 1.46B | 149.39M | -202.3M | -503.02M | -394.29M |
| Treasury Stock | -739.19M | -4.59B | -1.81B | -282.71M | -69.08M | -1.07B | -76.36M | -22.37K | 0 | 0 | 0 |
| Accumulated OCI | -228.8M | -1.29B | 13.93B | 13.74B | 13.39B | 14.51B | 13.47B | -17.05M | 5.3B | 970.34M | 923.37M |
| Minority Interest | 40.24M | 39.73M | 51.3M | 53.7M | 56.12M | 90.77M | 138.56M | 155.62K | -300K | 15.21M | 58.12M |
Rising Leverage and Liquidity
As reported in recent financial statements, StoneCo's total liabilities have surged to $47.0 billion in 2026Q1 from $34.0 billion in 2023Q4, while equity has stagnated, signaling a weakening financial position that warrants close monitoring by investors concerned with the firm's long-term capital structure stability.
The rapid expansion of liabilities relative to equity suggests that the company is increasingly reliant on external financing to support its operations. This trend may indicate that the business model is struggling to generate sufficient internal capital to fund its growth and debt obligations.
Based on the latest quarterly data, StoneCo's total debt has climbed significantly to $15.7 billion in 2026Q1, up from $5.5 billion in 2023Q4, pushing the debt-to-equity ratio to 1.29 and highlighting a shift toward higher leverage that may constrain future financial flexibility.
The sharp increase in debt levels appears to be driven by the necessity to fund the prepayment business, which exposes the company to interest rate sensitivity. Investors should consider whether this leverage is sustainable given the recent volatility in operating performance and the potential for higher funding costs.
According to regulatory filings, StoneCo's current ratio has tightened to 1.33 in 2026Q1, down from its peak of 1.48 in 2025Q2, suggesting that the company's ability to cover short-term obligations is becoming more constrained as cash reserves fluctuate in response to operational demands.
The narrowing liquidity buffer may indicate that the company is utilizing its cash more aggressively to manage working capital needs. This trend warrants further investigation into whether the current cash position is sufficient to navigate potential market shocks or further operational downturns.
As evidenced by historical balance sheet data, StoneCo's goodwill has experienced significant volatility, dropping from $5.6 billion in 2024Q3 to $663.1 million in 2026Q1, which may indicate substantial impairment charges that could continue to impact the company's reported equity and overall financial health.
The dramatic reduction in goodwill suggests that previous acquisitions, such as Linx, may not be delivering the expected value, leading to write-downs. This volatility in intangible assets makes the headline equity figures potentially misleading and suggests that the company's asset quality remains a significant area of concern.
Quick answers to the most common questions about buying STNE stock.
As of 2025, StoneCo Ltd. (STNE) had total assets of $62.27B including $52.40B in current assets.
StoneCo Ltd. (STNE) carries total debt of $17.57B, offset by $5.94B in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
StoneCo Ltd. (STNE) has total shareholders' equity (book value) of $11.78B ($43.23 book value per share). Book value represents the net worth of the company belonging to common stock holders.
StoneCo Ltd. (STNE) reported a current ratio of 1.30x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.