TELA Bio, Inc. (TELA) 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 | 64.3M | 75.58M | 56.05M | 60.74M | 69.75M | 78.07M | 44.13M | 51.11M | 62.62M | 71.73M | 82.25M | 89.17M | 53.5M | 62.45M | 73.95M | 45.63M | 50.33M | 59.05M | 65.54M | 70.73M |
| Cash & Short-Term Investments | 39.54M | 50.84M | 29.71M | 34.98M | 42.83M | 52.67M | 17.3M | 26.5M | 37.14M | 46.73M | 58.2M | 65.27M | 30.12M | 42.02M | 54.23M | 27.73M | 33.02M | 43.93M | 53.64M | 60.29M |
| Cash Only | 39.54M | 50.84M | 29.71M | 34.98M | 42.83M | 52.67M | 17.3M | 26.5M | 37.14M | 46.73M | 58.2M | 65.27M | 30.12M | 42.02M | 54.23M | 27.73M | 33.02M | 43.93M | 53.64M | 60.29M |
| 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 | 9.71M | 10.35M | 13.17M | 12.54M | 11.66M | 10.1M | 11.62M | 9.4M | 10.26M | 9.74M | 8.07M | 7.89M | 6.65M | 6.62M | 5.69M | 5.31M | 4.31M | 4.23M | 3.57M | 3.54M |
| Days Sales Outstanding | 47.37 | 51.85 | 57.16 | 54.5 | 52.86 | 56.61 | 51 | 55.57 | 54.79 | 48.19 | 48.79 | 45.67 | 50.16 | 48.72 | 45.32 | 42.05 | 46.72 | 42.89 | 42.78 | 38.17 |
| Inventory | 12.21M | 11.02M | 11.56M | 11.37M | 13.53M | 12.78M | 13.6M | 13.37M | 13.6M | 13.16M | 14.32M | 14.1M | 15.11M | 11.79M | 12.14M | 10.29M | 10.27M | 7.66M | 6.27M | 4.5M |
| Days Inventory Outstanding | 159.86 | 145.97 | 156.95 | 186 | 197.09 | 188.79 | 203.43 | 244.58 | 231.21 | 235.26 | 280.37 | 309.51 | 301.76 | 319.44 | 268.68 | 242.58 | 249.57 | 235.96 | 162.36 | 169.24 |
| Other Current Assets | 2.83M | 3.37M | 1.6M | -1.3M | 1.72M | 2.52M | 1.61M | 1.84M | 1.62M | 2.1M | 1 | 0 | 0 | 2.02M | 1.9M | 0 | 2.73M | 3.23M | 2.06M | 2.4M |
| Total Non-Current Assets | 5.59M | 5.84M | 5.54M | 6.79M | 7.51M | 9.25M | 8.88M | 9.09M | 9.22M | 6.32M | 5.07M | 5.22M | 5.29M | 5.41M | 5.61M | 5.7M | 5.03M | 3.49M | 3.27M | 3.06M |
| Property, Plant & Equipment | 3.6M | 3.73M | 3.77M | 3.78M | 3.88M | 4.08M | 4.22M | 4.2M | 4.23M | 3.94M | 2.85M | 2.91M | 2.88M | 2.91M | 3.01M | 3.01M | 2.8M | 1.19M | 891K | 609K |
| Fixed Asset Turnover | 5.20x | 5.56x | 5.48x | 5.27x | 4.65x | 4.25x | 4.50x | 3.82x | 4.07x | 5.01x | 5.23x | 5.01x | 4.11x | 3.92x | 3.70x | 3.58x | 4.13x | 8.06x | 10.21x | 12.67x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 1.26M | 1.36M | 1.45M | 1.55M | 1.64M | 1.74M | 1.83M | 1.93M | 2.02M | 2.12M | 2.21M | 2.31M | 2.4M | 2.5M | 2.59M | 2.69M | 2.23M | 2.3M | 2.38M | 2.46M |
| Long-Term Investments | 0 | 250K | 250K | 1.4M | 1.89M | 2.54M | 2.83M | 2.96M | 2.96M | 265K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 726K | 500K | 0 | 0 | 0 | 0 | 0 | 1K | 1K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 69.89M | 81.42M | 61.59M | 67.54M | 77.25M | 87.33M | 53.02M | 60.2M | 71.84M | 78.05M | 87.32M | 94.39M | 58.79M | 67.86M | 79.56M | 51.33M | 55.35M | 62.54M | 68.81M | 73.8M |
| Asset Turnover | 0.25x | 0.29x | 0.32x | 0.28x | 0.23x | 0.25x | 0.33x | 0.24x | 0.22x | 0.21x | 0.17x | 0.19x | 0.19x | 0.16x | 0.17x | 0.20x | 0.14x | 0.13x | 0.11x | 0.10x |
| Asset Growth % | -9.53% | -6.77% | 16.17% | 12.18% | 7.54% | 11.89% | -39.28% | -36.22% | 22.2% | 15.02% | 9.75% | 83.87% | 6.2% | 8.49% | 15.63% | -30.44% | -29.32% | -27.66% | -25.49% | -24.35% |
| Total Current Liabilities | 17.83M | 17.98M | 16.98M | 19.06M | 16.54M | 15.6M | 16.86M | 14.99M | 15.18M | 16.97M | 15.33M | 13.04M | 14.41M | 12.4M | 15.21M | 11.93M | 12.29M | 10.57M | 9.38M | 7.29M |
| Accounts Payable | 3.89M | 2.31M | 2.37M | 1.74M | 4M | 2.15M | 2.48M | 2.31M | 3.36M | 1.67M | 3.09M | 2.25M | 5.22M | 1.53M | 4.86M | 2.25M | 5.7M | 2.41M | 2.33M | 1.28M |
| Days Payables Outstanding | 42.69 | 30.27 | 28.16 | 42.89 | 46.06 | 33.1 | 36.15 | 51.42 | 43.4 | 40.73 | 52.69 | 79.13 | 75.73 | 85.3 | 85.08 | 93.8 | 113.02 | 80.44 | 54.43 | 41.28 |
| Short-Term Debt | 0 | 0 | 521K | 3.33M | 532K | 545K | 559K | 571K | 568K | 565K | 0 | 0 | 0 | 340K | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 13.94M | 15.67M | 7.32M | 7.03M | 6.51M | 5.56M | 5.97M | 5.5M | 5.3M | 5.52M | 4.59M | 4.1M | 4.25M | 4.11M | 4.8M | 4.49M | 3.13M | 3.15M | 2.97M | 2.56M |
| Current Ratio | 3.61x | 4.20x | 3.30x | 3.19x | 4.22x | 5.01x | 2.62x | 3.41x | 4.13x | 4.23x | 5.36x | 6.84x | 3.71x | 5.03x | 4.86x | 3.83x | 4.10x | 5.58x | 6.99x | 9.70x |
| Quick Ratio | 2.92x | 3.59x | 2.62x | 2.59x | 3.40x | 4.19x | 1.81x | 2.52x | 3.23x | 3.45x | 4.43x | 5.75x | 2.67x | 4.08x | 4.06x | 2.96x | 3.26x | 4.86x | 6.32x | 9.08x |
| Cash Conversion Cycle | 164.54 | 167.54 | 185.96 | 197.61 | 203.9 | 212.29 | 218.28 | 248.73 | 242.59 | 242.73 | 276.48 | 276.05 | 276.19 | 282.86 | 228.92 | 190.83 | 183.28 | 198.4 | 150.71 | 166.12 |
| Total Non-Current Liabilities | 57.26M | 57.13M | 43.05M | 39.29M | 42.59M | 43.27M | 42.43M | 42.34M | 42.27M | 42.2M | 41.43M | 41.34M | 41.24M | 41.15M | 41.05M | 40.95M | 33.03M | 31.87M | 31.7M | 31.54M |
| Long-Term Debt | 55.87M | 55.65M | 41.49M | 38.05M | 41.27M | 41.12M | 40.97M | 40.82M | 40.66M | 40.52M | 40.36M | 40.21M | 40.06M | 39.92M | 39.77M | 39.62M | 31.67M | 31.49M | 31.32M | 31.14M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 1.39M | 0 | 0 | 0 | 1.69M | 1.07M | 1.12M | 1.18M | 1.2M | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 756K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.39M | 1.48M | 1.56M | 1.24M | 1.32M | 0 | 1.46M | 1.53M | 1.61M | 0 | 0 | 0 | 0 | 31K | 1.28M | 1.33M | 1.36M | 380K | 388K | 395K |
| Total Liabilities | 75.09M | 75.11M | 60.03M | 58.35M | 59.13M | 58.87M | 59.29M | 57.33M | 57.45M | 59.17M | 56.77M | 54.38M | 55.65M | 53.55M | 56.26M | 52.88M | 45.32M | 42.45M | 41.08M | 38.83M |
| Total Debt | 55.87M | 55.65M | 42.02M | 41.9M | 41.81M | 43.06M | 41.53M | 41.39M | 41.23M | 42.77M | 41.78M | 41.68M | 41.58M | 41.46M | 40.1M | 39.95M | 32.02M | 31.49M | 31.32M | 31.14M |
| Net Debt | 16.32M | 4.81M | 12.3M | 6.92M | -1.03M | -9.61M | 24.23M | 14.89M | 4.09M | -3.96M | -16.43M | -23.59M | 11.46M | -563K | -14.12M | 12.23M | -1M | -12.44M | -22.32M | -29.15M |
| Debt / Equity | - | 8.82x | 26.98x | 4.56x | 2.31x | 1.51x | - | 14.42x | 2.87x | 2.26x | 1.37x | 1.04x | 13.24x | 2.90x | 1.72x | - | 3.19x | 1.57x | 1.13x | 0.89x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -5.13x | -4.06x | -6.16x | -7.32x | -8.20x | -6.29x | -6.72x | -8.47x | -3.25x | -8.58x | -7.21x | -7.31x | -8.65x | -7.50x | -9.38x | -12.64x | -10.92x | -8.35x | -7.97x | -8.55x |
| Total Equity | -5.2M | 6.31M | 1.56M | 9.18M | 18.12M | 28.46M | -6.27M | 2.87M | 14.38M | 18.88M | 30.55M | 40.01M | 3.14M | 14.3M | 23.3M | -1.54M | 10.04M | 20.1M | 27.73M | 34.97M |
| Equity Growth % | -128.7% | -77.82% | 124.82% | 220% | 25.99% | 50.72% | -120.53% | -92.83% | 357.94% | 31.99% | 31.12% | 2694.36% | -68.71% | -28.82% | -15.97% | -104.41% | -75.92% | -59.01% | -50.78% | -44.85% |
| Book Value per Share | -0.09 | 0.12 | 0.03 | 0.20 | 0.40 | 0.71 | -0.25 | 0.12 | 0.59 | 0.77 | 1.25 | 1.72 | 0.16 | 0.75 | 1.39 | -0.11 | 0.69 | 1.39 | 1.91 | 2.42 |
| Total Shareholders' Equity | -5.2M | 6.31M | 1.56M | 9.18M | 18.12M | 28.46M | -6.27M | 2.87M | 14.38M | 18.88M | 30.55M | 40.01M | 3.14M | 14.3M | 23.3M | -1.54M | 10.04M | 20.1M | 27.73M | 34.97M |
| Common Stock | 45K | 44K | 40K | 40K | 40K | 39K | 25K | 25K | 25K | 24K | 24K | 24K | 19K | 19K | 19K | 15K | 15K | 15K | 15K | 14K |
| Retained Earnings | -409.83M | -397.56M | -388.52M | -379.92M | -369.99M | -358.73M | -349.52M | -339.15M | -326.55M | -320.89M | -308M | -297.04M | -286.25M | -274.23M | -264.25M | -253.53M | -240.79M | -229.93M | -221.31M | -213.04M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 85K | 91K | 91K | 93K | 91K | 90K | 149K | 98K | 97K | 91K | 135K | 84K | 120K | 150K | 262K | 129K | -5K | -52K | -43K | -81K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |