Taoping Inc. (TAOP) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | 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 | Q1'21 | Q4'20 | Q3'20 |
|---|
| Total Current Assets | 24.05M | 24.05M | 29.49M | 29.49M | 27.45M | 27.45M | 25.25M | 25.25M | 20.22M | 20.22M | 19.4M | 19.4M | 16.84M | 16.84M | 21.07M | 31.58M | 28.74M | 28.74M | 12.43M | 12.43M |
| Cash & Short-Term Investments | 2.17M | 2.17M | 1.58M | 1.58M | 480.3K | 480.3K | 1.3M | 1.3M | 460.15K | 460.15K | 1.01M | 1.01M | 753.72K | 753.72K | 4.53M | 4.53M | 849.52K | 849.52K | 882.77K | 882.77K |
| Cash Only | 2.17M | 2.17M | 1.58M | 1.58M | 480.3K | 480.3K | 1.3M | 1.3M | 460.15K | 460.15K | 1.01M | 1.01M | 753.72K | 753.72K | 4.53M | 4.53M | 849.52K | 849.52K | 882.77K | 882.77K |
| 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 | 7.96M | 7.96M | 7.92M | 7.92M | 7.68M | 7.68M | 8.69M | 8.69M | 6.31M | 6.31M | 9.29M | 9.29M | 8.85M | 8.85M | 7.11M | 7.11M | 2.87M | 2.87M | 7.18M | 7.18M |
| Days Sales Outstanding | 82.31 | 81.22 | 78.42 | 77.21 | 77.32 | 82.42 | 65.14 | 56.22 | 81.6 | 99.76 | 100.98 | 98.56 | 76.4 | 196.68 | 35.51 | 49.86 | 40.7 | 140.87 | 180.43 | 223.49 |
| Inventory | 2.31M | 2.31M | 6.32M | 6.32M | 3.22M | 3.22M | 1.25M | 1.25M | 5.78M | 5.78M | 356.36K | 356.36K | 1.75M | 1.75M | 542.38K | 526.66K | 1.37M | 1.37M | 254.68K | 254.68K |
| Days Inventory Outstanding | 26.58 | 49.06 | 77.68 | 58.62 | 42.02 | 29.18 | 11.75 | 33.04 | 103.13 | 54.14 | 5.34 | 15.74 | 23.24 | 43.68 | 4.47 | 15.13 | 29.01 | 34.03 | 9.87 | 9.13 |
| Other Current Assets | 11.52M | 11.52M | 85.35K | 13.57M | 15.92M | 15.92M | 112.83K | 13.66M | 7.35M | 7.35M | 1.49M | 8.73M | 5.49M | 5.49M | 19.35M | 19.35M | 13.75M | 13.75M | 852.8K | 4.11M |
| Total Non-Current Assets | 6.27M | 6.27M | 5.64M | 5.64M | 6.63M | 6.63M | 7.58M | 7.58M | 8.16M | 8.16M | 9.81M | 9.81M | 22.65M | 22.65M | 26.09M | 15.58M | 24.13M | 24.13M | 18.35M | 18.35M |
| Property, Plant & Equipment | 6.22M | 6.22M | 5.55M | 5.55M | 6.13M | 6.13M | 6.68M | 6.68M | 6.79M | 6.79M | 7.88M | 7.88M | 19.3M | 19.3M | 22.46M | 12.12M | 19.53M | 19.53M | 10.85M | 10.85M |
| Fixed Asset Turnover | 1.42x | 1.50x | 1.67x | 1.59x | 1.47x | 1.41x | 1.84x | 1.82x | 1.04x | 0.96x | 1.07x | 0.62x | 0.55x | 0.17x | 1.07x | 0.58x | 0.33x | 0.21x | 0.34x | 0.34x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 58.92K | 58.92K | 58.92K | 58.92K | 179.79K | 179.79K | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 359.52K | 0 | 811.03K | 0 | 1.24M | 0 | 1.78M | 0 | 2.8M | 0 | 2.95M | 0 | 3.79M | 0 | 4.3M | 0 |
| Long-Term Investments | 49.49K | 49.49K | 86.27K | 86.27K | 139.15K | 139.15K | 86.89K | 86.89K | 68.72K | 68.72K | 95.97K | 95.97K | 374.96K | 374.96K | 679.81K | 510.04K | 818.27K | 818.27K | 30.59K | 30.59K |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 359.52K | 811.03K | 811.03K | 1.24M | 1.24M | 1.78M | 1.78M | 2.8M | 2.8M | 2.95M | 2.95M | 3.79M | 3.79M | 4.3M | 7.46M |
| Total Assets | 30.32M | 30.32M | 35.13M | 35.13M | 34.08M | 34.08M | 32.83M | 32.83M | 28.38M | 28.38M | 29.21M | 29.21M | 39.49M | 39.49M | 47.16M | 47.16M | 52.87M | 52.87M | 30.78M | 30.78M |
| Asset Turnover | 0.29x | 0.27x | 0.26x | 0.27x | 0.27x | 0.27x | 0.37x | 0.40x | 0.25x | 0.24x | 0.29x | 0.25x | 0.27x | 0.08x | 0.39x | 0.18x | 0.12x | 0.08x | 0.12x | 0.12x |
| Asset Growth % | -11.04% | -11.04% | 7.01% | 7.01% | 20.09% | 20.09% | 12.38% | 12.38% | -28.13% | -28.13% | -38.06% | -38.06% | -25.31% | -25.31% | 53.22% | 53.22% | 63.76% | 63.76% | -24.22% | -24.22% |
| Total Current Liabilities | 10.09M | 10.09M | 13.46M | 13.46M | 18.24M | 18.24M | 20.06M | 20.06M | 18.91M | 18.91M | 19.57M | 19.57M | 22.13M | 22.13M | 27.34M | 27.73M | 31.39M | 31.39M | 29.8M | 29.8M |
| Accounts Payable | 400.58K | 400.58K | 993.1K | 993.1K | 1.51M | 1.51M | 832.44K | 832.44K | 2.14M | 2.14M | 2.29M | 2.29M | 4.79M | 4.79M | 8.38M | 8.38M | 14.99M | 14.99M | 14.93M | 14.93M |
| Days Payables Outstanding | 4.61 | 7.92 | 12.21 | 15.37 | 19.67 | 15.27 | 7.82 | 13.97 | 38.18 | 39.05 | 34.25 | 52.97 | 63.73 | 251.36 | 70.14 | 186.67 | 318.08 | 627.93 | 578.37 | 493.39 |
| Short-Term Debt | 4.66M | 4.66M | 2.09M | 3.81M | 9.88M | 9.88M | 9M | 12.03M | 10.35M | 10.35M | 7.2M | 10.54M | 7.26M | 7.26M | 7.79M | 7.79M | 10.02M | 10.02M | 7.39M | 7.53M |
| Deferred Revenue (Current) | 0 | 0 | 3.47M | 0 | 0 | 3.96M | 1.29M | 0 | 815.41K | 0 | 717.41K | 0 | 1.38M | 0 | 579.22K | 0 | 754.44K | 0 | 476.99K | 0 |
| Other Current Liabilities | 4.68M | 4.68M | 1.19M | 4.76M | 2.9M | -1.06M | 8.03M | 2.05M | 2.08M | 2.08M | 8.82M | 1.83M | 5.35M | 5.35M | 7.1M | 7.48M | 1.32M | 1.32M | 6.71M | 2.55M |
| Current Ratio | 2.38x | 2.38x | 2.19x | 2.19x | 1.50x | 1.50x | 1.26x | 1.26x | 1.07x | 1.07x | 0.99x | 0.99x | 0.76x | 0.76x | 0.77x | 1.14x | 0.92x | 0.92x | 0.42x | 0.42x |
| Quick Ratio | 2.15x | 2.15x | 1.72x | 1.72x | 1.33x | 1.33x | 1.20x | 1.20x | 0.76x | 0.76x | 0.97x | 0.97x | 0.68x | 0.68x | 0.75x | 1.12x | 0.87x | 0.87x | 0.41x | 0.41x |
| Cash Conversion Cycle | 104.28 | 122.36 | 143.88 | 120.47 | 99.67 | 96.33 | 69.07 | 75.29 | 146.55 | 114.84 | 72.07 | 61.33 | 35.91 | -11 | -30.16 | -121.69 | -248.37 | -453.03 | -388.07 | -260.77 |
| Total Non-Current Liabilities | 5.75M | 5.75M | 5.8M | 5.8M | 0 | 0 | 0 | 0 | 4.9K | 4.9K | 20.37K | 20.37K | 438.99K | 438.99K | 561.84K | 176.6K | 580.92K | 580.92K | 0 | 0 |
| Long-Term Debt | 5.75M | 5.75M | 5.8M | 5.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.9K | 4.9K | 20.37K | 20.37K | 438.99K | 438.99K | 176.6K | 176.6K | 580.92K | 580.92K | 0 | 0 |
| 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 | 385.24K | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 15.84M | 15.84M | 19.26M | 19.26M | 18.24M | 18.24M | 20.06M | 20.06M | 18.91M | 18.91M | 19.59M | 19.59M | 22.57M | 22.57M | 27.9M | 27.9M | 31.97M | 31.97M | 29.8M | 29.8M |
| Total Debt | 10.41M | 10.41M | 7.89M | 9.61M | 9.88M | 9.88M | 9M | 12.03M | 6.8M | 10.36M | 7.25M | 10.56M | 8.14M | 8.14M | 8.78M | 8.04M | 7.64M | 11.02M | 7.39M | 7.53M |
| Net Debt | 8.24M | 8.24M | 6.31M | 8.04M | 9.4M | 9.4M | 7.7M | 10.73M | 6.34M | 9.9M | 6.24M | 9.55M | 7.39M | 7.39M | 4.25M | 3.51M | 6.79M | 10.17M | 6.51M | 6.65M |
| Debt / Equity | 0.72x | 0.72x | 0.50x | 0.61x | 0.62x | 0.62x | 0.70x | 0.94x | 0.72x | 1.09x | 0.75x | 1.10x | 0.48x | 0.48x | 0.46x | 0.42x | 0.37x | 0.53x | 7.57x | 7.71x |
| Debt / EBITDA | - | - | - | - | 18.44x | 18.44x | 6.76x | 9.04x | - | - | 12.50x | 18.20x | 16.70x | - | 1.37x | 2.72x | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | 17.55x | 17.55x | 5.78x | 8.07x | - | - | 10.75x | 16.46x | 15.15x | - | 0.66x | 1.19x | - | - | - | - |
| Interest Coverage | - | - | -13.78x | -13.78x | - | - | 2.33x | - | -3.20x | - | -0.68x | - | - | - | - | - | - | - | - | - |
| Total Equity | 14.48M | 14.48M | 15.87M | 15.87M | 15.84M | 15.84M | 12.76M | 12.76M | 9.46M | 9.46M | 9.62M | 9.62M | 16.92M | 16.92M | 19.25M | 19.25M | 20.9M | 20.9M | 976.2K | 976.2K |
| Equity Growth % | -8.6% | -8.6% | 24.34% | 24.34% | 67.36% | 67.36% | 32.72% | 32.72% | -44.07% | -44.07% | -50.04% | -50.04% | -19.03% | -19.03% | 1871.98% | 1871.98% | 174.54% | 174.54% | -93.32% | -93.32% |
| Book Value per Share | 20.23 | 20.23 | 57.48 | 57.48 | 3.47 | 3.47 | 5.85 | 5.85 | 5.78 | 5.78 | 6.06 | 6.06 | 11.04 | 10.68 | 12.41 | 12.82 | 19.42 | 19.42 | 1.27 | 1.27 |
| Total Shareholders' Equity | 14.48M | 14.48M | 15.87M | 15.87M | 15.84M | 15.84M | 12.76M | 12.76M | 9.46M | 9.46M | 9.62M | 9.62M | 16.92M | 16.92M | 19.25M | 19.25M | 12.64M | 12.64M | -7.66M | -7.66M |
| Common Stock | 173.81M | 173.81M | 170.76M | 170.76M | 168.28M | 168.28M | 165.12M | 165.12M | 163.15M | 163.15M | 161.4M | 161.4M | 161.4M | 161.4M | 161.1M | 161.1M | 154.32M | 154.32M | 131.25M | 131.25M |
| Retained Earnings | -205.04M | -205.04M | -210.57M | -200.36M | -197.95M | -197.95M | -208.75M | -198.54M | -209.86M | -199.65M | -208.05M | -197.85M | -204.14M | -190.09M | -202.14M | -188.09M | -192.27M | -192.27M | -192.21M | -178.17M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 23.26M | 23.26M | 33.24M | 23.03M | 22.96M | 22.96M | 33.8M | 23.59M | 33.73M | 23.52M | 33.82M | 23.61M | 37.22M | 23.17M | 37.84M | 23.8M | 23.68M | 23.68M | 37.66M | 23.61M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.76K | -1.76K | 8.26M | 8.26M | 8.64M | 8.64M |