Vestand Inc. (VSTD) 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 | Q1'21 | Q4'20 |
|---|
| Total Current Assets | 3.06M | 3.6M | 1.46M | 1.84M | 1.41M | 1.53M | 1.54M | 2.59M | 3.4M | 4.27M | 6.2M | 7.7M | 69.68K | 618.16K | 1.12M | 83.53K | 0 | 15.74K |
| Cash & Short-Term Investments | 1.33M | 3.4M | 1.24M | 1.71M | 1.19M | 1.36M | 1.46M | 2.53M | 3.35M | 4.21M | 6.14M | 7.64M | 28.54K | 582.72K | 1.09M | 53.3K | 0 | 0 |
| Cash Only | 1.33M | 3.4M | 1.24M | 1.71M | 1.19M | 1.36M | 1.46M | 2.53M | 3.35M | 4.21M | 6.14M | 7.64M | 28.54K | 582.72K | 1.09M | 53.3K | 0 | -1.44M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.5M | 57.74K | 84.11K | 36.4K | 108.35K | 94.14K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | 19.23 | 1.82 | 1.5 | 2.21 | 2.77 | 3.05 | - | - | - | - | - | - | - | - | - | - | - | - |
| Inventory | 231.46K | 143.18K | 139.42K | 89.46K | 111.54K | 77.15K | 73.02K | 60.51K | 51.06K | 54.56K | 60.9K | 58.55K | 41.14K | 35.45K | 36.57K | 30.23K | 0 | 0 |
| Days Inventory Outstanding | 4.16 | 3.72 | 4.09 | 3.02 | 2.77 | 2.64 | 2.69 | 2.29 | 2.45 | 2.2 | 2.39 | 2.65 | 1.77 | 1.53 | 1.51 | 5.9 | - | - |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 16.01M | 15.39M | 16.11M | 15.47M | 15.72M | 11.19M | 11.48M | 10.56M | 10.63M | 10.83M | 9.82M | 8.91M | 5.01M | 5.03M | 4.71M | 4.71M | 0 | 3M |
| Property, Plant & Equipment | 11.7M | 12.01M | 12.6M | 11.88M | 12.3M | 9.6M | 9.55M | 9.69M | 9.67M | 9.81M | 9.14M | 8.36M | 4.79M | 4.86M | 4.55M | 4.59M | 0 | 2.95M |
| Fixed Asset Turnover | 0.31x | 0.29x | 0.30x | 0.25x | 0.30x | 0.29x | 0.26x | 0.21x | 0.23x | 0.26x | 0.29x | 0.27x | 0.40x | 0.43x | 0.46x | 0.40x | - | 0.42x |
| Goodwill | 1.99M | 1.99M | 1.99M | 1.99M | 1.99M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 477.95K | 477.95K | 491.22K | 504.5K | 517.77K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 1.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 743.43K | 911.77K | 1.04M | 1.11M | 914.42K | 1.58M | 1.93M | 873.13K | 958.87K | 1.02M | 678.69K | 558.96K | 211.14K | 174.37K | 157.95K | 117.95K | 0 | 52.22K |
| Total Assets | 19.07M | 18.99M | 17.57M | 17.31M | 17.13M | 12.71M | 13.02M | 13.15M | 14.03M | 15.1M | 16.02M | 16.62M | 5.08M | 5.65M | 5.84M | 4.79M | 0 | 3.01M |
| Asset Turnover | 0.19x | 0.19x | 0.21x | 0.18x | 0.22x | 0.22x | 0.19x | 0.15x | 0.15x | 0.16x | 0.16x | 0.16x | 0.36x | 0.35x | 0.39x | 0.38x | - | 0.42x |
| Asset Growth % | 11.31% | 49.34% | 34.98% | 31.66% | 22.11% | -15.78% | -18.72% | -20.88% | 176.4% | 167.2% | 174.51% | 246.86% | - | - | - | - | - | - |
| Total Current Liabilities | 5.36M | 5.52M | 6.04M | 5.9M | 4.83M | 3.47M | 3.27M | 2.25M | 2.39M | 2.43M | 1.99M | 1.36M | 3.53M | 3.63M | 3.65M | 2.34M | 0 | 1.7M |
| Accounts Payable | 967.74K | 959.64K | 843.32K | 844.86K | 868.64K | 674.99K | 647.81K | 666.56K | 583K | 739.98K | 744.1K | 643.79K | 1.44M | 1.44M | 1.6M | 366.6K | 0 | 169.81K |
| Days Payables Outstanding | 21.39 | 23.74 | 30.14 | 25.79 | 22.64 | 23.27 | 26.49 | 25.62 | 30.7 | 28.25 | 27.77 | 55.31 | 66.83 | 64.51 | 44.43 | 71.56 | - | 87.2 |
| Short-Term Debt | 2.26M | 2.46M | 3.14M | 3.06M | 3.02M | 2.14M | 1.98M | 958.29K | 1.2M | 1.1M | 778.32K | 289.28K | 1.7M | 1.79M | 1.74M | 1.66M | 0 | 1.32M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22.74K |
| Current Ratio | 0.57x | 0.65x | 0.24x | 0.31x | 0.29x | 0.44x | 0.47x | 1.15x | 1.42x | 1.76x | 3.12x | 5.65x | 0.02x | 0.17x | 0.31x | 0.04x | - | 0.01x |
| Quick Ratio | 0.53x | 0.63x | 0.22x | 0.30x | 0.27x | 0.42x | 0.45x | 1.12x | 1.40x | 1.74x | 3.09x | 5.60x | 0.01x | 0.16x | 0.30x | 0.02x | - | 0.01x |
| Cash Conversion Cycle | 2 | -18.2 | -24.55 | -20.55 | -17.1 | -17.58 | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 9.02M | 9.32M | 11.28M | 11.82M | 11.56M | 7.4M | 7.1M | 8.31M | 8.16M | 8.18M | 8.39M | 8.49M | 4.65M | 4.67M | 4.51M | 4.56M | 1.37M | 2.68M |
| Long-Term Debt | 2.55M | 2.57M | 3.95M | 5.05M | 4.55M | 1.87M | 1.41M | 2.48M | 2.2M | 2.07M | 2.13M | 2.1M | 2.16M | 2.12M | 2.41M | 2.41M | 0 | 1.43M |
| Capital Lease Obligations | 6.47M | 6.75M | 7.32M | 6.77M | 7.01M | 5.53M | 5.69M | 5.84M | 5.97M | 6.11M | 6.26M | 6.39M | 2.49M | 2.55M | 2.09M | 2.15M | 0 | 1.26M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.37M | 0 |
| Total Liabilities | 14.38M | 14.84M | 17.32M | 17.71M | 16.39M | 10.87M | 10.37M | 10.56M | 10.55M | 10.6M | 10.38M | 9.86M | 8.17M | 8.3M | 8.15M | 6.9M | 1.37M | 4.39M |
| Total Debt | 12.37M | 12.84M | 15.4M | 15.79M | 15.46M | 10.13M | 9.65M | 9.83M | 9.91M | 9.79M | 9.63M | 9.14M | 6.65M | 6.77M | 6.47M | 6.45M | 0 | 4.19M |
| Net Debt | 11.04M | 9.44M | 14.16M | 14.08M | 14.27M | 8.78M | 8.19M | 7.3M | 6.56M | 5.58M | 3.49M | 1.5M | 6.62M | 6.19M | 5.38M | 6.39M | 0 | 5.64M |
| Debt / Equity | 2.64x | 3.10x | 60.28x | - | 20.99x | 5.50x | 3.64x | 3.80x | 2.85x | 2.18x | 1.71x | 1.35x | - | - | - | - | - | - |
| Debt / EBITDA | - | - | 34.05x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.36x |
| Net Debt / EBITDA | - | - | 31.30x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9.89x |
| Interest Coverage | -11.74x | -3.12x | 13.93x | -6.50x | -6.33x | -7.40x | 1.90x | -16.96x | -12.03x | -17.72x | -41.18x | -36.57x | -24.28x | -15.68x | -195.41x | 2.89x | -5.22x | - |
| Total Equity | 4.69M | 4.14M | 255.4K | -399.81K | 736.61K | 1.84M | 2.65M | 2.59M | 3.47M | 4.49M | 5.64M | 6.76M | -3.1M | -2.65M | -2.32M | -2.11M | -1.37M | -1.37M |
| Equity Growth % | 536.38% | 125.07% | -90.37% | -115.44% | -78.8% | -59.02% | -52.93% | -61.7% | 212.09% | 269.41% | 343.15% | 420.27% | - | - | - | - | - | - |
| Book Value per Share | 0.79 | 0.70 | 0.05 | -0.07 | 0.14 | 0.34 | 0.46 | 0.50 | 0.67 | 0.99 | 1.09 | 0.17 | -0.06 | -0.05 | -0.04 | -0.04 | -0.02 | -0.02 |
| Total Shareholders' Equity | 4.69M | 4.14M | 255.4K | -399.81K | 736.61K | 1.84M | 2.65M | 2.59M | 3.47M | 4.49M | 5.64M | 6.76M | -3.1M | -2.65M | -2.32M | -2.11M | -1.37M | -1.37M |
| Common Stock | 260 | 162 | 140 | 135 | 134 | 134 | 133 | 1.29K | 1.29K | 1.29K | 133 | 1.29K | 946 | 946 | 946 | 0 | 0 | 0 |
| Retained Earnings | -14.65M | -13.43M | -12.01M | -12.54M | -11.32M | -10.22M | -9.34M | -9.35M | -8.46M | -7.44M | -6.3M | -5.18M | -3.65M | -3.21M | -2.81M | -2.59M | 0 | -1.18M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -60K | 0 | -1.37M | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |