Xcel Brands, Inc. (XELB) 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 | 4.49M | 3.67M | 4.1M | 3.21M | 2.91M | 4.04M | 3.52M | 4.76M | 6.07M | 7.3M | 8.38M | 11.74M | 11.71M | 14.02M | 20.76M | 25.61M | 17.16M | 17.18M | 20.07M | 20.37M |
| Cash & Short-Term Investments | 179K | 1.15M | 1.49M | 970K | 298K | 1.25M | 242K | 924K | 1.55M | 3M | 2.19M | 3.51M | 1.61M | 4.61M | 8.41M | 10.87M | 3.06M | 4.48M | 3.98M | 4.82M |
| Cash Only | 179K | 1.15M | 1.49M | 970K | 298K | 1.25M | 242K | 924K | 1.55M | 3M | 2.19M | 3.51M | 1.61M | 4.61M | 8.41M | 10.87M | 3.06M | 4.48M | 3.98M | 4.82M |
| 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 | 656K | 956K | 1.4M | 1.82M | 2.1M | 2.27M | 2.91M | 3.06M | 3.6M | 3.45M | 4.75M | 6.88M | 5.97M | 5.11M | 6.72M | 9.29M | 8.68M | 7.64M | 10.95M | 10.66M |
| Days Sales Outstanding | 63.41 | 92.91 | 132.73 | 135.29 | 147.77 | 196.97 | 143.46 | 102.55 | 147.02 | 164.99 | 2.09K | 86.2 | 82.41 | 133.84 | 163.63 | 96.55 | 83.94 | 105.59 | 88.28 | 81.62 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 407K | 445K | 453K | 997K | 798K | 3.1M | 2.85M | 3.88M | 3.48M | 3.94M | 3.38M | 3.43M | 3.15M |
| Days Inventory Outstanding | - | - | - | - | - | - | - | 1.02K | 25.71 | 16.86 | 366.98 | 46.66 | 99.32 | 136.66 | 231.07 | 131.29 | 195.96 | 107.79 | 105.58 | 88.1 |
| Other Current Assets | 3.66M | 1.56M | 1.2M | 416K | 508K | 520K | 375K | 378K | 471K | 398K | 447K | 554K | 1.03M | 0 | 0 | 0 | 1.48M | 1.68M | 1.71M | 1.75M |
| Total Non-Current Assets | 31.92M | 35.28M | 36.36M | 43.98M | 49.58M | 49.71M | 50.47M | 58.41M | 60.69M | 67.55M | 67.37M | 69.75M | 72.45M | 74.92M | 76.46M | 78.63M | 106.55M | 108.6M | 111.13M | 113.8M |
| Property, Plant & Equipment | 2.92M | 3.13M | 3.34M | 3.54M | 3.75M | 3.93M | 4.13M | 4.31M | 2.67M | 5.09M | 5.48M | 5.86M | 6.42M | 6.84M | 7.6M | 7.95M | 8.39M | 8.86M | 10.31M | 11.43M |
| Fixed Asset Turnover | 0.38x | 0.36x | 0.32x | 0.36x | 0.35x | 0.30x | 0.45x | 0.85x | 0.56x | 0.43x | 0.05x | 1.10x | 0.91x | 0.56x | 0.58x | 1.04x | 1.01x | 0.84x | 1.04x | 0.93x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 27.75M | 31.23M | 32.11M | 32.99M | 33.88M | 34.76M | 35.64M | 36.53M | 39.99M | 41.52M | 43.05M | 44.59M | 46.13M | 47.66M | 49.2M | 50.73M | 96.78M | 98.3M | 99.86M | 101.41M |
| Long-Term Investments | 1.08M | 0 | 739K | 5.53M | 9.53M | 10.11M | 9.8M | 16.64M | 17.07M | 17.73M | 17.65M | 18.16M | 18.68M | 19.2M | 19.52M | 19.8M | 608K | 839K | 739K | 739K |
| Other Non-Current Assets | 173K | 912K | 173K | 1.91M | 2.41M | 911K | 911K | 920K | 969K | 15K | 75K | 25K | 110K | 110K | 146K | 147K | 635K | 455K | 961K | 961K |
| Total Assets | 36.42M | 38.95M | 40.46M | 47.19M | 52.49M | 53.76M | 54M | 63.17M | 66.76M | 74.86M | 75.75M | 81.49M | 84.16M | 88.94M | 97.23M | 104.24M | 123.71M | 125.78M | 131.2M | 134.18M |
| Asset Turnover | 0.03x | 0.03x | 0.03x | 0.03x | 0.03x | 0.02x | 0.03x | 0.05x | 0.03x | 0.03x | 0.00x | 0.08x | 0.07x | 0.04x | 0.04x | 0.07x | 0.07x | 0.06x | 0.08x | 0.08x |
| Asset Growth % | -30.61% | -27.55% | -25.07% | -25.3% | -21.39% | -28.19% | -28.71% | -22.48% | -20.67% | -15.83% | -22.09% | -21.83% | -31.97% | -29.29% | -25.9% | -22.31% | 1.55% | 2.22% | -4.11% | -2.42% |
| Total Current Liabilities | 7.7M | 7.49M | 8M | 5.47M | 10.47M | 10.39M | 6.78M | 6.07M | 6.18M | 6.47M | 6.66M | 7M | 7.98M | 6.56M | 9.32M | 10.75M | 12.96M | 10.52M | 12.44M | 13.44M |
| Accounts Payable | 1.92M | 1.14M | 1.37M | 1.93M | 2.71M | 2.73M | 2.6M | 2.35M | 1.92M | 2.13M | 3.62M | 2.75M | 5.55M | 3.87M | 3.96M | 4.76M | 7.86M | 6.17M | 5.44M | 5.01M |
| Days Payables Outstanding | 153.75 | - | - | - | - | - | 560.02 | 5.11K | 115.83 | 66.82 | 1.3K | 99.37 | 157.39 | 159 | 273.74 | 223.32 | 375.64 | 183.95 | 167.85 | 162.63 |
| Short-Term Debt | 4.47M | 4.94M | 3.5M | 500K | 250K | 0 | 1M | 1M | 1M | 2.01M | 0 | 0 | 0 | 0 | 0 | 0 | 3.54M | 3.71M | 6.31M | 5.72M |
| Deferred Revenue (Current) | 1.32M | 1.33M | 1.36M | 1.33M | 1.4M | 1.38M | 1.38M | 989K | 889K | 889K | 889K | 922K | 0 | 88K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 3.97M | 4.21M | 0 | 0 | 723K | -294K | 847K | 1.4M | 0 | 243K | 2.48M | 2.8M | -1.04M | -1.21M | -1.31M | 325K |
| Current Ratio | 0.58x | 0.49x | 0.51x | 0.59x | 0.28x | 0.39x | 0.52x | 0.79x | 0.98x | 1.13x | 1.26x | 1.68x | 1.47x | 2.14x | 2.23x | 2.38x | 1.32x | 1.63x | 1.61x | 1.52x |
| Quick Ratio | 0.58x | 0.49x | 0.51x | 0.59x | 0.28x | 0.39x | 0.52x | 0.72x | 0.91x | 1.06x | 1.11x | 1.56x | 1.08x | 1.70x | 1.81x | 2.06x | 1.02x | 1.31x | 1.34x | 1.28x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | -3.99K | 56.91 | 115.03 | 1.15K | 33.49 | 24.34 | 111.5 | 120.96 | 4.52 | -95.74 | 29.43 | 26.01 | 7.09 |
| Total Non-Current Liabilities | 15.53M | 15.63M | 15.88M | 19.23M | 16.3M | 14.96M | 12.25M | 13.03M | 16.71M | 20.22M | 13.79M | 13.86M | 11.93M | 12.23M | 11.44M | 12.64M | 39.51M | 40.32M | 36.7M | 38.4M |
| Long-Term Debt | 9.84M | 9.46M | 9.04M | 11.75M | 8.47M | 6.57M | 3.3M | 3.52M | 3.75M | 3.97M | 0 | 0 | 0 | 0 | 0 | 0 | 31.96M | 32.78M | 27.53M | 28.7M |
| Capital Lease Obligations | 3.24M | 3.68M | 4.11M | 4.54M | 4.96M | 5.3M | 5.63M | 5.96M | 3.69M | 4.02M | 4.36M | 4.66M | 5.53M | 5.84M | 6.16M | 6.66M | 6.96M | 7.25M | 7.29M | 7.87M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.2M | 0 | 0 | 0 | 0 | 223K | 1.24M | 0 | 10.25M | 1.04M | 1.57M |
| Other Non-Current Liabilities | 901K | 722K | 732K | 715K | 431K | 431K | 431K | 430K | 5.94M | 5.47M | 5.55M | 5M | 6.4M | 6.4M | 5.06M | 4.74M | 589K | 287K | 835K | 261K |
| Total Liabilities | 23.24M | 23.12M | 23.88M | 24.69M | 26.78M | 25.36M | 19.03M | 19.1M | 22.89M | 26.68M | 20.44M | 20.86M | 19.9M | 18.8M | 20.76M | 23.4M | 52.48M | 50.84M | 49.14M | 51.83M |
| Total Debt | 17.55M | 18.07M | 18.3M | 18.41M | 15.27M | 13.38M | 11.36M | 11.84M | 9.72M | 11.26M | 5.58M | 5.88M | 6.93M | 7.21M | 7.49M | 7.75M | 43.51M | 44.95M | 42.45M | 44.01M |
| Net Debt | 17.37M | 16.92M | 16.81M | 17.45M | 14.97M | 12.13M | 11.12M | 10.92M | 8.17M | 8.26M | 3.39M | 2.37M | 5.31M | 2.61M | -919K | -3.12M | 40.45M | 40.47M | 38.47M | 39.19M |
| Debt / Equity | 1.33x | 1.14x | 1.10x | 0.82x | 0.59x | 0.47x | 0.32x | 0.27x | 0.22x | 0.23x | 0.10x | 0.10x | 0.11x | 0.10x | 0.10x | 0.10x | 0.61x | 0.60x | 0.52x | 0.53x |
| Debt / EBITDA | - | - | - | - | - | - | - | 6.39x | - | - | - | - | - | - | - | - | - | - | 72.57x | 335.93x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | 5.90x | - | - | - | - | - | - | - | - | - | - | 65.76x | 299.18x |
| Interest Coverage | -3.07x | -2.30x | -14.26x | -7.20x | -3.91x | -32.67x | -63.93x | -11.98x | -41.30x | -15.48x | - | - | -236.52x | -526.88x | - | 26.82x | -4.27x | -13.51x | -2.22x | -4.08x |
| Total Equity | 13.18M | 15.82M | 16.58M | 22.5M | 25.71M | 28.4M | 34.97M | 44.08M | 43.87M | 48.17M | 55.31M | 60.62M | 64.26M | 70.14M | 76.46M | 80.84M | 71.23M | 74.94M | 82.07M | 82.34M |
| Equity Growth % | -48.73% | -44.28% | -52.58% | -48.96% | -41.4% | -41.05% | -36.78% | -27.3% | -31.73% | -31.32% | -27.67% | -25.01% | -9.79% | -6.41% | -6.83% | -1.82% | -14.99% | -13.12% | -15.06% | -15.13% |
| Book Value per Share | 2.23 | 3.16 | 4.23 | 9.36 | 10.83 | 12.22 | 1.49 | 1.87 | 2.15 | 2.44 | 2.80 | 3.07 | 3.27 | 3.57 | 3.90 | 4.08 | 3.64 | 3.83 | 4.20 | 4.23 |
| Total Shareholders' Equity | 15.32M | 17.96M | 18.7M | 24.52M | 27.74M | 30.42M | 36.92M | 46.02M | 45.78M | 50.03M | 56.77M | 61.83M | 65.23M | 70.81M | 76.74M | 80.73M | 70.82M | 74.28M | 81.12M | 82.17M |
| Common Stock | 6K | 6K | 5K | 2K | 2K | 2K | 24K | 23K | 23K | 20K | 20K | 20K | 20K | 20K | 20K | 20K | 20K | 20K | 20K | 20K |
| Retained Earnings | -96.19M | -93.7M | -90.93M | -83.03M | -79.04M | -76.24M | -69.16M | -59.95M | -60.14M | -53.85M | -47.05M | -41.91M | -38.44M | -32.8M | -26.82M | -22.78M | -32.27M | -28.78M | -21.84M | -20.7M |
| Treasury Stock | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -2.14M | -2.14M | -2.12M | -2.03M | -2.03M | -2.03M | -1.95M | -1.95M | -1.91M | -1.86M | -1.46M | -1.2M | -971K | -676K | -279K | 109K | 410K | 662K | 947K | 170K |