The company's financial position appears increasingly vulnerable, with retained earnings falling to -$75.1 million and goodwill representing $30.1 million of total assets as of 2026Q1.
| Total Current Assets | 38.17M | 46.08M | 107.28M | 20.89M | 20.93M | 20.37M | 25.61M |
| Cash & Short-Term Investments | 10.93M | 10.03M | 82.68M | 4.42M | 5.48M | 6.7M | 9.72M |
| Cash Only | 10.93M | 9.01M | 19.61M | 4.42M | 5.48M | 6.7M | 9.72M |
| Short-Term Investments | 0 | 1.02M | 63.07M | 0 | 0 | 0 | 0 |
| Accounts Receivable | 22.52M | 23.07M | 22.04M | 13.65M | 14.6M | 12.59M | 13.82M |
| Days Sales Outstanding | 119.88 | 133.54 | 134.81 | 91.85 | 114.64 | 109.53 | 125.23 |
| Inventory | 0 | 0 | 0 | 104K | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | 4.06 | - | - | - |
| Other Current Assets | 4.73M | 12.98M | 1.47M | 1.97M | 16K | 616K | 1.28M |
| Total Non-Current Assets | 73.28M | 76.57M | 35.06M | 20M | 17.79M | 15.36M | 16.31M |
| Property, Plant & Equipment | 3.39M | 4.64M | 2.58M | 2.55M | 2.95M | 637K | 881K |
| Fixed Asset Turnover | 17.08x | 13.59x | 23.17x | 21.24x | 15.74x | 65.88x | 45.72x |
| Goodwill | 30.07M | 30.07M | 9.03M | 9.03M | 9.03M | 9.03M | 7.67M |
| Intangible Assets | 24.91M | 26.03M | 4.37M | 342K | 681K | 1.64M | 1.73M |
| Long-Term Investments | 0 | 0 | 4.79M | 0 | 2.88M | 0 | 0 |
| Other Non-Current Assets | 14.91M | 15.83M | 14.31M | 8.07M | 2.25M | 4.05M | 6.03M |
| Total Assets | 111.45M | 122.64M | 142.34M | 40.88M | 38.72M | 35.73M | 41.91M |
| Asset Turnover | 0.54x | 0.51x | 0.42x | 1.33x | 1.20x | 1.17x | 0.96x |
| Asset Growth % | -58.57% | -13.84% | 248.16% | 5.6% | 8.37% | -14.76% | - |
| Total Current Liabilities | 26.96M | 38.4M | 34.49M | 24.99M | 22.85M | 16.93M | 19.51M |
| Accounts Payable | 3.56M | 3.48M | 3.32M | 2.5M | 1.86M | 2.08M | 2.37M |
| Days Payables Outstanding | 81.36 | 92.84 | 100.51 | 97.36 | 76.56 | 87.65 | 99.6 |
| Short-Term Debt | 1.03M | 1.12M | 0 | 2M | 2M | 501K | 1.24M |
| Deferred Revenue (Current) | 28.88M | 10.75M | 7.5M | 7.88M | 7.48M | 5.42M | 0 |
| Other Current Liabilities | 13.55M | 20.56M | 19.38M | 2.65M | 2.54M | 3.52M | 8.45M |
| Current Ratio | 1.42x | 1.20x | 3.11x | 0.84x | 0.92x | 1.20x | 1.31x |
| Quick Ratio | 1.42x | 1.20x | 3.11x | 0.83x | 0.92x | 1.20x | 1.31x |
| Cash Conversion Cycle | 38.52 | - | - | -1.45 | - | - | - |
| Total Non-Current Liabilities | 7.78M | 9.25M | 7.77M | 6.49M | 5.84M | 4.43M | 5.16M |
| Long-Term Debt | 965K | 1.96M | 0 | 0 | 4.08M | 0 | 2.25M |
| Capital Lease Obligations | 4.92M | 0 | 946K | 1.2M | 1.43M | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 212K | 285K | 0 | 0 |
| Other Non-Current Liabilities | 6.81M | 7.29M | 3.23M | 9K | -4.02M | 891K | 2.91M |
| Total Liabilities | 34.74M | 47.65M | 42.26M | 31.48M | 28.7M | 21.36M | 24.67M |
| Total Debt | 2M | 3.08M | 1.69M | 3.93M | 8.47M | 501K | 3.49M |
| Net Debt | -8.93M | -5.93M | -17.92M | -488K | 2.99M | -6.2M | -6.23M |
| Debt / Equity | 0.03x | 0.04x | 0.02x | 0.42x | 0.84x | 0.03x | 0.20x |
| Debt / EBITDA | -0.08x | - | - | 2.27x | - | - | 0.78x |
| Net Debt / EBITDA | 0.34x | - | - | -0.28x | - | - | -1.40x |
| Interest Coverage | -301.05x | -19.61x | -42.29x | 1.82x | -5.28x | -3.97x | 4.64x |
| Total Equity | 76.71M | 74.99M | 100.08M | 9.4M | 10.02M | 14.37M | 17.24M |
| Equity Growth % | -74.98% | -25.07% | 964.49% | -6.2% | -30.25% | -16.66% | - |
| Book Value per Share | 2.45 | 2.52 | 3.90 | 0.33 | 0.35 | 0.34 | 0.40 |
| Total Shareholders' Equity | 76.71M | 74.99M | 100.08M | 9.4M | 10.02M | 14.37M | 17.24M |
| Common Stock | 3K | 3K | 3K | 4K | 2K | 4K | 4K |
| Retained Earnings | -75.08M | -69.22M | -28.01M | 11.39M | 11.93M | 15.85M | 17.7M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -2.22M | -1.93M | -2.27M | -1.99M | -1.91M | -1.49M | -461K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Liquidity and Capital Constraints
According to recent financial filings, Silvaco's equity base has faced significant erosion, with retained earnings plummeting to -$75.1 million in 2026Q1, signaling a persistent inability to generate internal capital to offset ongoing operational losses and maintain a stable long-term financial trajectory for the enterprise.
The consistent decline in retained earnings suggests that the company's business model is currently unable to achieve the scale necessary for self-sustainability. Investors should monitor whether this trend forces further dilutive financing, as the current trajectory indicates a weakening balance sheet that may struggle to support future R&D requirements.
As reported in quarterly balance sheets, Silvaco's cash reserves have dwindled to $10.9 million as of 2026Q1, representing a sharp contraction from the $34.3 million peak observed in 2024Q2, which raises concerns regarding the company's ability to fund operations without external capital injections.
The current ratio of 1.42 provides only a modest buffer, and the rapid depletion of cash reserves suggests that the company is burning through its liquidity at an unsustainable rate. This limited cash position may restrict management's ability to pivot or invest in critical growth initiatives during periods of market volatility.
Based on the provided data, Silvaco's asset base is increasingly comprised of goodwill, which reached $30.1 million in 2026Q1, representing a significant portion of total assets and highlighting potential impairment risks if the company fails to achieve its projected growth targets in the competitive EDA market.
The reliance on intangible assets rather than tangible PPE suggests an asset-light model that is highly dependent on the future performance of acquired technologies. If the underlying business units fail to meet performance expectations, the resulting goodwill write-downs could further impair the company's already fragile equity position.
Analysis of the balance sheet reveals that Silvaco's reported equity is heavily distorted by accumulated deficits, with the company's reliance on periodic debt fluctuations, such as the $16.2 million spike in 2025Q3, suggesting that financing remains opportunistic rather than a stable component of the capital structure.
The volatility in debt levels indicates that the company may be utilizing short-term financing to bridge operational gaps, which introduces refinancing risk. This reliance on non-permanent capital sources warrants further investigation into the company's long-term strategy for achieving a stable and sustainable capital base.
Quick answers to the most common questions about buying SVCO stock.
As of 2025, Silvaco Group, Inc. Common Stock (SVCO) had total assets of $122.6M including $46.1M in current assets.
Silvaco Group, Inc. Common Stock (SVCO) carries total debt of $3.1M, offset by $10.0M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Silvaco Group, Inc. Common Stock (SVCO) has total shareholders' equity (book value) of $75.0M ($2.52 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Silvaco Group, Inc. Common Stock (SVCO) reported a current ratio of 1.20x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.