Beyond Air, Inc. (XAIR) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'26 | Q3'26 | Q2'26 | 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 |
|---|
| Total Current Assets | 24.77M | 25.56M | 18.59M | 14.99M | 16.02M | 19.34M | 38.04M | 30.87M | 43.94M | 39.44M | 47.13M | 63.36M | 59.41M | 66.02M | 75.08M | 85.42M | 92.94M | 94.68M | 50.3M | 40.95M |
| Cash & Short-Term Investments | 11.64M | 17.85M | 10.7M | 6.46M | 6.92M | 10.95M | 28.45M | 21.37M | 34.47M | 31.26M | 38.64M | 56.99M | 45.88M | 53.12M | 62.45M | 72.77M | 80.24M | 83.47M | 47.7M | 38.58M |
| Cash Only | 6.74M | 12.83M | 9.7M | 4.98M | 4.67M | 4.6M | 28.45M | 4.16M | 11.38M | 7.97M | 13.18M | 31.35M | 29.16M | 25.48M | 29.83M | 72.77M | 80.24M | 83.47M | 47.7M | 38.58M |
| Short-Term Investments | 4.9M | 5.02M | 996K | 1.49M | 2.25M | 6.35M | 0 | 17.21M | 23.09M | 23.29M | 25.46M | 25.64M | 16.72M | 27.64M | 32.62M | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.09M | 1.26M | 970K | 1.02M | 860K | 724K | 1M | 654K | 548K | 534K | 428K | 682K | 651K | 0 | 414K | 0 | 604K | 0 | 0 | 106.21K |
| Days Sales Outstanding | 55.34 | 46.73 | 50.43 | 48.68 | 61.88 | 74.15 | 95.57 | 80.07 | 104.75 | 113.18 | 213.64 | 1.03K | - | - | - | - | - | - | - | - |
| Inventory | 1.41M | 1.76M | 2.23M | 2.43M | 2.42M | 2.38M | 2.53M | 2.39M | 2.13M | 1.53M | 1.57M | 1.34M | 1.13M | 1.15M | 711K | 686K | 350K | 0 | 0 | 0 |
| Days Inventory Outstanding | 78.61 | 96.91 | 101.35 | 137.58 | 182.28 | 175.35 | 120.21 | 202.33 | 169.41 | 191.07 | 310.18 | 370.61 | 333.12 | 1.26K | 359.01 | - | - | - | - | - |
| Other Current Assets | 10.63M | 3.83M | 338K | 319K | 434K | 415K | 484K | 490K | 507K | 405K | 5.38M | 3.02M | 7.95M | 10.89M | 10.46M | 10.7M | 10.5M | 10.69M | 1.76M | 1.29M |
| Total Non-Current Assets | 10.62M | 11.21M | 12.38M | 13.13M | 14.04M | 14.8M | 14.97M | 15.63M | 13.03M | 12.47M | 10.87M | 9.68M | 9.34M | 7.94M | 6.96M | 6.48M | 6.25M | 4.63M | 3.76M | 3.22M |
| Property, Plant & Equipment | 9.44M | 9.97M | 10.95M | 11.84M | 12.72M | 13.43M | 13.54M | 14.14M | 11.48M | 10.78M | 9.12M | 7.88M | 7.5M | 6.05M | 5.02M | 4.49M | 4.21M | 4.07M | 3.19M | 2.71M |
| Fixed Asset Turnover | 0.20x | 0.21x | 0.16x | 0.14x | 0.09x | 0.08x | 0.06x | 0.05x | 0.04x | 0.04x | 0.03x | 0.01x | - | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 1.02M | 1.07M | 1.12M | 1.17M | 1.22M | 1.27M | 1.32M | 1.38M | 1.43M | 1.48M | 1.53M | 1.58M | 1.63M | 1.68M | 1.73M | 1.78M | 1.84M | 346K | 356K | 365.16K |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 158K | 175K | 306K | 112K | 103K | 100K | 105K | 112K | 113K | 213K | 224K | 226K | 212K | 211K | 205K | 209K | 207K | 210K | 212K | 137.88K |
| Total Assets | 35.38M | 36.77M | 30.96M | 28.11M | 30.06M | 34.14M | 53.01M | 46.5M | 56.96M | 51.91M | 58.01M | 73.04M | 68.75M | 73.96M | 82.04M | 91.9M | 99.2M | 99.31M | 54.06M | 44.17M |
| Asset Turnover | 0.05x | 0.06x | 0.06x | 0.06x | 0.04x | 0.02x | 0.02x | 0.01x | 0.01x | 0.01x | 0.00x | 0.00x | - | - | - | - | - | - | - | - |
| Asset Growth % | 17.71% | 7.7% | -41.59% | -39.54% | -47.22% | -34.23% | -8.61% | -36.34% | -17.15% | -29.81% | -29.3% | -20.52% | -30.7% | -25.53% | 51.77% | 108.07% | 144.78% | 300.17% | 120.89% | 64.35% |
| Total Current Liabilities | 6.51M | 4.99M | 4.38M | 4.63M | 5M | 5.43M | 6.6M | 11.75M | 11.57M | 11.64M | 12.45M | 12.02M | 19.78M | 11.6M | 11.6M | 10.16M | 10.71M | 6.18M | 6.91M | 4.49M |
| Accounts Payable | 2.42M | 2.2M | 1.92M | 1.24M | 1.95M | 2.36M | 1.49M | 3.11M | 1.95M | 3.22M | 3.29M | 1.74M | 2.02M | 1.41M | 2.01M | 1.04M | 1.13M | 1.61M | 2.24M | 2.26M |
| Days Payables Outstanding | 114.65 | 99.99 | 68.63 | 90.55 | 163.7 | 137.5 | 112.53 | 226.69 | 239.21 | 400.47 | 535.6 | 563.72 | 500.7 | 2.31K | 782.26 | - | - | - | - | - |
| Short-Term Debt | 722K | 386K | 0 | 233K | 609K | 60K | 258K | 536K | 800K | 130K | 275K | 877K | 775K | 60K | 658K | 619K | 927K | 0 | 140K | 349.17K |
| Deferred Revenue (Current) | 0 | 841K | 908K | 921K | 0 | 0 | 17K | 0 | 138K | 0 | 0 | 0 | 16.61M | 0 | 0 | 0 | 8.37M | 0 | 0 | 0 |
| Other Current Liabilities | 3.37M | 1.18M | 88K | 177K | 223K | 312K | 321K | 141K | 755K | 286K | 580K | 7.93M | -986K | 2.8M | 2.17M | 2.48M | -408K | 2.36M | 1K | 0 |
| Current Ratio | 3.80x | 5.12x | 4.24x | 3.24x | 3.20x | 3.56x | 5.76x | 2.63x | 3.80x | 3.39x | 3.78x | 5.27x | 3.00x | 5.69x | 6.47x | 8.41x | 8.68x | 15.33x | 7.28x | 9.11x |
| Quick Ratio | 3.59x | 4.77x | 3.73x | 2.71x | 2.72x | 3.12x | 5.38x | 2.42x | 3.61x | 3.26x | 3.66x | 5.16x | 2.95x | 5.59x | 6.41x | 8.34x | 8.64x | 15.33x | 7.28x | 9.11x |
| Cash Conversion Cycle | 19.3 | 43.65 | 83.15 | 95.71 | 80.46 | 112 | 103.25 | 55.71 | 34.95 | -96.22 | -11.78 | 834.88 | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 22.66M | 23.5M | 13.49M | 13.08M | 10.72M | 10.33M | 17.12M | 17.05M | 18.21M | 16.8M | 16.72M | 21.89M | 6.94M | 6.92M | 6.79M | 10.39M | 10.28M | 2.36M | 6.22M | 6.23M |
| Long-Term Debt | 21.64M | 23.2M | 12.17M | 11.64M | 9.2M | 0 | 10.94M | 14.95M | 14.72M | 14.38M | 14.04M | 13.75M | 120K | 140K | 200K | 200K | 200K | 200K | 4.54M | 4.51M |
| Capital Lease Obligations | 1.02M | 1.23M | 1.3M | 1.42M | 1.49M | 1.57M | 1.69M | 1.79M | 1.9M | 2.01M | 2.09M | 2.23M | 2.32M | 2.28M | 2.09M | 2.19M | 2.08M | 2.16M | 1.68M | 1.72M |
| 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 | 2K | -937K | 21K | 21K | 38K | 8.77M | 4.49M | 311K | 1.59M | 406K | 589K | 5.91M | 4.5M | 4.5M | 4.5M | 8M | 8M | 0 | 0 | 0 |
| Total Liabilities | 29.18M | 28.49M | 17.87M | 17.71M | 15.72M | 15.76M | 23.72M | 28.8M | 29.77M | 28.44M | 29.17M | 33.9M | 26.72M | 18.52M | 18.39M | 20.55M | 20.99M | 8.54M | 13.13M | 10.72M |
| Total Debt | 23.38M | 24.82M | 13.88M | 13.71M | 11.69M | 2.01M | 13.27M | 17.7M | 17.84M | 16.93M | 16.8M | 17.23M | 3.59M | 2.83M | 3.3M | 3.3M | 3.49M | 2.6M | 6.54M | 6.76M |
| Net Debt | 16.64M | 11.99M | 4.18M | 8.73M | 7.02M | -2.59M | -15.18M | 13.54M | 6.46M | 8.96M | 3.62M | -14.11M | -25.57M | -22.65M | -26.53M | -69.47M | -76.75M | -80.87M | -41.16M | -31.82M |
| Debt / Equity | 3.77x | 3.00x | 1.06x | 1.32x | 0.82x | 0.11x | 0.45x | 1.00x | 0.66x | 0.72x | 0.58x | 0.44x | 0.09x | 0.05x | 0.05x | 0.05x | 0.04x | 0.03x | 0.16x | 0.20x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -5.93x | -6.01x | -11.92x | -13.74x | -12.90x | -23.29x | -14.13x | -12.54x | -14.80x | -17.78x | -18.07x | -94.28x | - | -298.96x | -265.60x | -241.79x | -24.95x | -138.68x | -52.99x | -40.62x |
| Total Equity | 6.21M | 8.29M | 13.1M | 10.41M | 14.34M | 18.38M | 29.29M | 17.7M | 27.19M | 23.47M | 28.83M | 39.14M | 42.03M | 55.44M | 63.65M | 71.35M | 78.21M | 90.77M | 40.92M | 33.45M |
| Equity Growth % | -56.7% | -54.92% | -55.3% | -41.2% | -47.25% | -21.69% | 1.61% | -54.78% | -35.31% | -57.66% | -54.71% | -45.14% | -46.26% | -38.92% | 55.55% | 113.3% | 156.73% | 427.43% | 153.69% | 83.37% |
| Book Value per Share | 0.75 | 0.96 | 2.06 | 2.08 | 3.19 | 4.17 | 12.43 | 7.71 | 14.17 | 14.46 | 18.13 | 24.95 | 27.35 | 37.06 | 42.58 | 47.74 | 52.37 | 67.68 | 33.87 | 30.48 |
| Total Shareholders' Equity | 6.13M | 8.11M | 12.73M | 9.93M | 13.58M | 17.64M | 28.13M | 16.13M | 25.05M | 20.82M | 25.75M | 35.45M | 37.91M | 50.95M | 58.8M | 66.12M | 72.7M | 84.99M | 40.92M | 33.45M |
| Common Stock | 1K | 1K | 1K | 0 | 8K | 7K | 7K | 5K | 5K | 4K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 2.33K |
| Retained Earnings | -319.57M | -309.29M | -301.95M | -294.01M | -286.32M | -278.29M | -265.25M | -251.9M | -239.7M | -225.99M | -209.77M | -193.55M | -179.46M | -159.29M | -146.54M | -134.57M | -123.64M | -103.64M | -95.9M | -87.2M |
| Treasury Stock | -25K | -25K | -25K | -25K | -25K | -25K | -25K | -25K | -25K | -25K | -25K | -25K | -25K | -25K | -25K | -25K | -25K | -25K | -25K | -25K |
| Accumulated OCI | 134K | 110K | 85K | 67K | -60K | -51K | 9K | 88K | -15K | 34K | 43K | 78K | 53K | 159K | 438K | 267K | 96K | 0 | 0 | 0 |
| Minority Interest | 84K | 175K | 362K | 481K | 758K | 738K | 1.17M | 1.57M | 2.14M | 2.66M | 3.08M | 3.69M | 4.11M | 4.49M | 4.85M | 5.23M | 5.5M | 5.78M | 0 | 0 |