TSS, Inc. (TSSI) 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 | 88.71M | 118.63M | 100.33M | 70.89M | 61.08M | 58.2M | 59.95M | 21.22M | 20.49M | 19.31M | 38.09M | 36.58M | 17.44M | 24.41M | 17.78M | 13.36M | 15.94M | 11.81M | 18.41M | 9.82M |
| Cash & Short-Term Investments | 65.97M | 85.51M | 70.7M | 36.84M | 27.34M | 23.22M | 46.45M | 8.31M | 14.38M | 11.83M | 28.7M | 24.17M | 6.67M | 20.4M | 9.61M | 8.37M | 12.84M | 8M | 11.99M | 7.27M |
| Cash Only | 65.97M | 85.51M | 70.7M | 36.84M | 27.34M | 23.22M | 46.45M | 8.31M | 14.38M | 11.83M | 28.7M | 24.17M | 6.67M | 20.4M | 9.61M | 8.37M | 12.84M | 8M | 11.99M | 7.27M |
| 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 | 10.58M | 15.51M | 17.14M | 18.41M | 12.84M | 17.05M | 8.14M | 7.52M | 5.06M | 4.84M | 6.92M | 10.74M | 3.23M | 2.98M | 6.14M | 4.41M | 2.61M | 2.42M | 2.59M | 2.08M |
| Days Sales Outstanding | 21.22 | 24.66 | 39.05 | 32.34 | 13.59 | 23.17 | 10.28 | 47.06 | 28.33 | 22.16 | 91.47 | 43.7 | 42.45 | 38.32 | 60.12 | 49.77 | 43.6 | 15.8 | 46.88 | 48.23 |
| Inventory | 8.09M | 15.97M | 11.32M | 14.59M | 20.4M | 17.67M | 4.98M | 4.94M | 848K | 2.34M | 2.13M | 1.26M | 7.3M | 862K | 1.74M | 231K | 278K | 847K | 3.64M | 162K |
| Days Inventory Outstanding | 23.11 | 25.16 | 31.72 | 43.02 | 19.04 | 24.34 | 7.34 | 34.02 | 10.96 | 9.7 | 25.81 | 34.45 | 75.19 | 13.28 | 17.06 | 6.08 | 14.36 | 15.98 | 65.53 | 12.73 |
| Other Current Assets | 4.06M | 1.64M | 1.18M | 1.05M | 508K | 248K | 371K | 452K | 202K | 302K | 335K | 412K | 244K | 175K | 0 | 0 | 0 | -8K | 0 | 0 |
| Total Non-Current Assets | 64.87M | 66.31M | 65.08M | 68.58M | 52.46M | 38.37M | 7.33M | 7.68M | 6.3M | 6.29M | 6.51M | 6.71M | 6.93M | 7M | 7.11M | 7.24M | 7.29M | 7.47M | 2.34M | 2.43M |
| Property, Plant & Equipment | 52.42M | 53.37M | 54.9M | 58.23M | 46.94M | 32.8M | 5.67M | 6M | 4.59M | 4.69M | 4.89M | 5.07M | 5.26M | 5.3M | 5.36M | 5.49M | 5.59M | 5.85M | 767K | 1.04M |
| Fixed Asset Turnover | 1.05x | 1.13x | 0.74x | 0.84x | 2.48x | 2.60x | 12.02x | 2.30x | 3.43x | 5.10x | 1.78x | 2.81x | 1.24x | 2.05x | 1.49x | 1.16x | 0.91x | 4.41x | 5.07x | 2.66x |
| Goodwill | 780K | 780K | 780K | 780K | 780K | 780K | 780K | 780K | 780K | 780K | 780K | 780K | 780K | 780K | 780K | 780K | 780K | 780K | 780K | 780K |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13K | 36K | 59K | 81K | 103K | 126K | 149K | 171K |
| Long-Term Investments | 0 | 0 | 0 | 5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 4.07M | 4.24M | 9.4M | 4.57M | 4.73M | 4.79M | 888K | 909K | 931K | 817K | 839K | 861K | 883K | 877K | 908K | 890K | 820K | 720K | 648K | 432K |
| Total Assets | 153.58M | 184.94M | 165.41M | 139.47M | 113.54M | 96.57M | 67.28M | 28.91M | 26.79M | 25.6M | 44.6M | 43.3M | 24.37M | 31.41M | 24.89M | 20.6M | 23.24M | 19.28M | 20.75M | 12.25M |
| Asset Turnover | 0.33x | 0.35x | 0.27x | 0.35x | 0.94x | 0.61x | 1.46x | 0.44x | 0.61x | 0.70x | 0.20x | 0.43x | 0.24x | 0.39x | 0.36x | 0.29x | 0.24x | 0.73x | 0.28x | 0.24x |
| Asset Growth % | 35.26% | 91.51% | 145.85% | 382.51% | 323.8% | 277.22% | 50.87% | -33.24% | 9.92% | -18.49% | 79.18% | 110.2% | 4.89% | 62.89% | 19.94% | 68.16% | 76.79% | -19.01% | 42.67% | -17.1% |
| Total Current Liabilities | 40.61M | 72.57M | 66.01M | 87.24M | 72.2M | 56.92M | 55.62M | 19.41M | 19.64M | 18.42M | 37.7M | 36.56M | 17.94M | 24.16M | 16.51M | 13.06M | 16.44M | 12.12M | 18.33M | 8.01M |
| Accounts Payable | 23.29M | 46.36M | 41.7M | 82.02M | 51.32M | 35.77M | 35.69M | 7.2M | 15.41M | 12.41M | 20.73M | 32.96M | 12.06M | 19.96M | 10.2M | 4.29M | 10.38M | 5.47M | 9.23M | 701K |
| Days Payables Outstanding | 66.9 | 81.19 | 151.46 | 163.98 | 43.57 | 76.78 | 31.73 | 132.93 | 95.55 | 71.87 | 408.21 | 181.01 | 294.75 | 153.99 | 125.5 | 175.3 | 202.37 | 52.42 | 171.39 | 77.49 |
| Short-Term Debt | 6.13M | 4.01M | 4.91M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.04M | 2.01M | 2.02M | 2.01M | 0 |
| Deferred Revenue (Current) | 2.31M | 13.93M | 11.7M | 3.33M | 4.34M | 2.61M | 2.92M | 4.96M | 2.6M | 3.37M | 14.77M | 1.6M | 2.06M | 2.08M | 4.27M | 4.65M | 2.82M | 2.44M | 5.33M | 5.96M |
| Other Current Liabilities | 8.88M | 6.27M | 0 | -2.62M | 0 | 0 | 1.59M | 0 | 0 | 0 | 0 | 699K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 2.18x | 1.63x | 1.52x | 0.81x | 0.85x | 1.02x | 1.08x | 1.09x | 1.04x | 1.05x | 1.01x | 1.00x | 0.97x | 1.01x | 1.08x | 1.02x | 0.97x | 0.97x | 1.00x | 1.23x |
| Quick Ratio | 1.99x | 1.41x | 1.35x | 0.65x | 0.56x | 0.71x | 0.99x | 0.84x | 1.00x | 0.92x | 0.95x | 0.97x | 0.56x | 0.97x | 0.97x | 1.01x | 0.95x | 0.90x | 0.81x | 1.21x |
| Cash Conversion Cycle | -22.58 | -31.37 | -80.69 | -88.62 | -10.93 | -29.27 | -14.11 | -51.85 | -56.27 | -40.01 | -290.94 | -102.86 | -177.11 | -102.39 | -48.32 | -119.45 | -144.42 | -20.64 | -58.97 | -16.53 |
| Total Non-Current Liabilities | 34.3M | 35.73M | 35.99M | 42.69M | 31.94M | 32.51M | 4M | 4.34M | 3.49M | 3.63M | 3.81M | 3.98M | 4.15M | 4.31M | 4.47M | 4.63M | 4.8M | 4.96M | 48K | 2.05M |
| Long-Term Debt | 12.96M | 14M | 18.99M | 19.54M | 8.2M | 8.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.98M |
| Capital Lease Obligations | 21.1M | 21.63M | 16.64M | 22.65M | 23.06M | 23.54M | 3.1M | 3.29M | 3.49M | 3.63M | 3.81M | 3.98M | 4.15M | 4.31M | 4.47M | 4.63M | 4.78M | 4.94M | 12K | 18K |
| 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 | 102K | 100K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 74.9M | 108.3M | 102M | 129.93M | 104.15M | 89.43M | 59.63M | 23.75M | 23.13M | 22.05M | 41.51M | 40.55M | 22.09M | 28.47M | 20.98M | 17.69M | 21.24M | 17.08M | 18.38M | 10.06M |
| Total Debt | 40.19M | 41.64M | 41.35M | 44.08M | 32.92M | 32.71M | 3.87M | 4.05M | 4.24M | 4.32M | 4.48M | 4.64M | 4.79M | 4.78M | 5.09M | 7.28M | 7.4M | 7.61M | 2.43M | 2.59M |
| Net Debt | -25.78M | -43.87M | -29.35M | 7.24M | 5.58M | 9.48M | -42.58M | -4.26M | -10.15M | -7.51M | -24.22M | -19.53M | -1.88M | -15.62M | -4.51M | -1.08M | -5.44M | -395K | -9.56M | -4.68M |
| Debt / Equity | 0.51x | 0.54x | 0.65x | 4.62x | 3.51x | 4.58x | 0.51x | 0.79x | 1.16x | 1.22x | 1.45x | 1.69x | 2.09x | 1.63x | 1.30x | 2.51x | 3.71x | 3.45x | 1.02x | 1.18x |
| Debt / EBITDA | 9.52x | 6.33x | 97.52x | 14.31x | 7.61x | 11.02x | 0.97x | 2.23x | 13.04x | 5.43x | 5.69x | 4.37x | - | - | 5.42x | 7.23x | - | 262.24x | 6.72x | - |
| Net Debt / EBITDA | -6.11x | -6.67x | -69.22x | 2.35x | 1.29x | 3.20x | -10.64x | -2.34x | -31.22x | -9.45x | -30.78x | -18.37x | - | - | -4.81x | -1.07x | - | -13.62x | -26.48x | - |
| Interest Coverage | 2.87x | 5.07x | -0.98x | 2.60x | 2.80x | 3.80x | 3.36x | 6.25x | 1.11x | 1.94x | 1.48x | 1.50x | -5.94x | -1.62x | 3.42x | 5.94x | -1.40x | -0.45x | 2.75x | -3.41x |
| Total Equity | 78.68M | 76.64M | 63.41M | 9.54M | 9.39M | 7.14M | 7.65M | 5.15M | 3.66M | 3.55M | 3.09M | 2.75M | 2.29M | 2.93M | 3.91M | 2.91M | 2M | 2.2M | 2.38M | 2.19M |
| Equity Growth % | 737.78% | 973.62% | 728.46% | 85.06% | 156.65% | 101.13% | 147.54% | 87.28% | 59.99% | 20.96% | -20.84% | -5.33% | 14.46% | 33.18% | 64.46% | 32.74% | -21.34% | -30.79% | -0.21% | 46.68% |
| Book Value per Share | 3.19 | 3.10 | 2.57 | 0.39 | 0.38 | 0.29 | 0.29 | 0.21 | 0.16 | 0.16 | 0.14 | 0.12 | 0.11 | 0.14 | 0.18 | 0.14 | 0.11 | 0.12 | 0.12 | 0.12 |
| Total Shareholders' Equity | 78.68M | 76.64M | 63.41M | 9.54M | 9.39M | 7.14M | 7.65M | 5.15M | 3.66M | 3.55M | 3.09M | 2.75M | 2.29M | 2.93M | 3.91M | 2.91M | 2M | 2.2M | 2.38M | 2.19M |
| Common Stock | 3K | 3K | 3K | 3K | 3K | 3K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K |
| Retained Earnings | -42.93M | -45.21M | -57.37M | -55.87M | -57.36M | -60.34M | -62.25M | -64.89M | -66.3M | -66.31M | -66.65M | -66.86M | -67.17M | -66.39M | -65.24M | -65.85M | -66.62M | -66.31M | -66.05M | -66.17M |
| Treasury Stock | 0 | 0 | -11.62M | -10.65M | -8.38M | -6.73M | -3M | -2.38M | -2.3M | -2.25M | -2.24M | -2.22M | -2.21M | -2.21M | -2.15M | -2.07M | -2.07M | -2.07M | -2.03M | -1.98M |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |