Zeo Energy Corp. (ZEO) 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 |
|---|
| Total Current Assets | 18.57M | 22.55M | 23.92M | 10.82M | 10.26M | 18.89M | 15.59M | 17.9M | 19.93M | 16.23M | 16.23M | 6.83M | 87.5K | 3.34M | 3.34M | 1.27M | 1.56M |
| Cash & Short-Term Investments | 1.73M | 6.14M | 3.92M | 68.69K | 2.89M | 5.63M | 4.33M | 5.34M | 7.73M | 8.02M | 8.02M | 3.41M | 50.47K | 2.27M | 2.27M | 947.48K | 1.09M |
| Cash Only | 1.73M | 6.14M | 3.92M | 68.69K | 2.89M | 5.63M | 4.33M | 5.34M | 7.73M | 8.02M | 8.02M | 3.41M | 50.47K | 2.27M | 2.27M | 947.48K | 1.09M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 14.84M | 12.79M | 17.48M | 8.25M | 5.58M | 10.25M | 8.52M | 7.21M | 7.39M | 7.82M | 2.91M | 1.95M | 0 | 564.28K | 564.28K | 0 | 0 |
| Days Sales Outstanding | 94.28 | 74.98 | 49.52 | 34.75 | 81.09 | 46.31 | 36.81 | 45.15 | 34.36 | 21.46 | 5.89 | 5.89 | - | 1.68 | 1.34 | - | - |
| Inventory | 854.73K | 852.18K | 934.87K | 917.74K | 847.39K | 872.47K | 482.25K | 436.86K | 379.32K | 350.35K | 350.35K | 252.61K | 0 | 287.15K | 287.15K | 0 | 0 |
| Days Inventory Outstanding | 8.87 | 9.2 | 8.48 | 11.03 | 16.16 | 8.64 | 4.32 | 3.6 | 2.38 | -3.68 | 1.35 | 0.94 | - | 1.1 | 0.93 | - | - |
| Other Current Assets | 583.5K | 2.77M | 1.59M | 1.58M | 936.67K | 2.13M | 1.18M | 4.04M | 0 | 0 | 0 | 63.49K | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 37.96M | 34.38M | 34.58M | 35.41M | 37.19M | 42.51M | 31.51M | 31.18M | 31.65M | 31.85M | 31.9M | 32.25M | 30.92M | 31.86M | 31.86M | 281.91M | 281.54M |
| Property, Plant & Equipment | 3M | 4.04M | 4.28M | 4.25M | 4.13M | 4.19M | 4.01M | 3.67M | 3.92M | 4.01M | 4.05M | 3.63M | 0 | 2.72M | 2.72M | 0 | 0 |
| Fixed Asset Turnover | 3.75x | 4.46x | 5.60x | 4.32x | 2.11x | 4.55x | 5.12x | 3.87x | 5.08x | 5.70x | 9.86x | 8.28x | - | 11.37x | 14.31x | - | - |
| Goodwill | 27.09M | 27.09M | 27.09M | 27.01M | 27.01M | 27.01M | 27.01M | 27.01M | 27.01M | 27.01M | 27.01M | 27.01M | 0 | 27.01M | 27.01M | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 2.94M | 7.57M | 0 | 257.01K | 514.02K | 771.03K | 771.03K | 1.42M | 0 | 2.07M | 2.07M | 0 | 0 |
| Long-Term Investments | 6.34M | 0 | 3.11M | 0 | 3M | 3M | 0 | 0 | 0 | 0 | 0 | 0 | 30.92M | 0 | 0 | 281.91M | 281.54M |
| Other Non-Current Assets | 1.53M | 3.25M | 92.71K | 4.16M | 113.59K | 75.94K | 491.16K | 235.44K | 207.85K | 62.14K | 62.14K | 189.64K | 0 | 62.14K | 62.14K | 0 | 0 |
| Total Assets | 56.53M | 56.93M | 58.5M | 46.23M | 47.45M | 61.4M | 47.1M | 49.07M | 51.59M | 48.09M | 48.13M | 39.08M | 31.01M | 35.2M | 35.2M | 283.18M | 283.11M |
| Asset Turnover | 0.23x | 0.32x | 0.46x | 0.39x | 0.16x | 0.34x | 0.41x | 0.29x | 0.40x | 0.48x | 0.87x | 0.86x | 0.57x | 0.88x | 0.24x | 0.07x | 0.05x |
| Asset Growth % | 19.15% | -7.28% | 24.21% | -5.79% | -8.02% | 27.69% | -2.15% | 25.57% | 66.37% | 36.6% | 36.73% | -86.2% | -89.05% | - | - | - | - |
| Total Current Liabilities | 12.11M | 8.39M | 10.91M | 14.21M | 13.72M | 14.97M | 10.01M | 8.23M | 8.88M | 15.52M | 15.51M | 3.8M | 3.48M | 2.52M | 2.52M | 1.25M | 1.14M |
| Accounts Payable | 5.01M | 3.77M | 3.45M | 5.05M | 3.57M | 2.78M | 4.86M | 3.39M | 4.6M | 4.7M | 4.7M | 248.34K | 0 | 302.11K | 302.11K | 0 | 0 |
| Days Payables Outstanding | 45.61 | 37.13 | 38.88 | 53.84 | 59.66 | 48.68 | 38.76 | 35.23 | 30.33 | -49.32 | 11.12 | 0.92 | - | 1.16 | 0.98 | - | - |
| Short-Term Debt | 1.07M | 850.44K | 3.42M | 2.78M | 2.76M | 3.44M | 291.04K | 420.75K | 412.83K | 294.4K | 404.87K | 380.1K | 171.35K | 229.84K | 229.84K | 171.35K | 171.35K |
| Deferred Revenue (Current) | 4.47M | 0 | 1.25M | 204.54K | 119.42K | 203.61K | 601.68K | 279.9K | 585.81K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 539.85K | 3.36M | 1.36M | 2.8M | 2.59M | 7.83M | 1.74M | 2.43M | 1.74M | 5.22M | 5.28M | 211.82K | 3.31M | 1.22M | 1.22M | 1.08M | 973.08K |
| Current Ratio | 1.53x | 2.69x | 2.19x | 0.76x | 0.75x | 1.26x | 1.56x | 2.17x | 2.24x | 1.05x | 1.05x | 1.80x | 0.03x | 1.32x | 1.32x | 1.01x | 1.37x |
| Quick Ratio | 1.46x | 2.59x | 2.11x | 0.70x | 0.69x | 1.20x | 1.51x | 2.12x | 2.20x | 1.02x | 1.02x | 1.73x | 0.03x | 1.21x | 1.21x | 1.01x | 1.37x |
| Cash Conversion Cycle | 57.54 | 47.04 | 19.12 | -8.06 | 37.58 | 6.26 | 2.37 | 13.52 | 6.41 | 67.1 | -3.87 | 5.9 | - | 1.62 | 1.29 | - | - |
| Total Non-Current Liabilities | 983.77K | 18.27M | 1.51M | 19.03M | 18.71M | 3.52M | 19.41M | 3.97M | 4.97M | 1.94M | 2.03M | 2.14M | 11.33M | 1.4M | 1.4M | 15.37M | 16.9M |
| Long-Term Debt | 49.29K | 55.59K | 61.71K | 337.48K | 414.27K | 496.62K | 567.56K | 1.18M | 1.28M | 825.76K | 1.39M | 1.29M | 0 | 820.71K | 820.71K | 0 | 0 |
| Capital Lease Obligations | 367.3K | 513.16K | 690.95K | 847.55K | 976.46K | 1.15M | 1.29M | 468.8K | 529.01K | 1.12M | 636.41K | 846.94K | 0 | 580.98K | 580.98K | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 423.41K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 567.18K | 17.7M | 757.62K | 17.84M | 17.32M | 1.45M | 17.55M | 2.33M | 3.16M | 0 | 0 | 1 | 11.33M | -1 | -1 | 15.37M | 16.9M |
| Total Liabilities | 13.1M | 26.66M | 12.42M | 33.24M | 32.43M | 18.49M | 29.42M | 12.21M | 13.85M | 17.46M | 17.54M | 5.93M | 14.81M | 3.93M | 3.93M | 16.62M | 18.05M |
| Total Debt | 1.49M | 1.42M | 4.17M | 4.66M | 4.84M | 5.09M | 2.85M | 2.45M | 2.71M | 2.89M | 2.97M | 3.14M | 171.35K | 2.11M | 2.11M | 171.35K | 171.35K |
| Net Debt | -244.59K | -4.72M | 256.44K | 4.6M | 1.94M | -544.37K | -1.48M | -2.89M | -5.02M | -5.13M | -5.05M | -271.43K | 120.88K | -162.97K | -162.97K | -776.13K | -914.74K |
| Debt / Equity | 0.03x | 0.05x | 0.09x | 0.36x | 0.32x | 0.12x | 0.16x | 0.07x | 0.07x | 0.09x | 0.10x | 0.09x | 0.01x | 0.07x | 0.07x | 0.00x | 0.00x |
| Debt / EBITDA | - | - | - | 14.49x | - | 2.13x | - | - | - | - | 0.66x | 2.38x | 0.08x | 0.44x | 0.26x | 0.17x | 0.48x |
| Net Debt / EBITDA | - | - | - | 14.28x | - | -0.23x | - | - | - | - | -1.13x | -0.21x | 0.06x | -0.03x | -0.02x | -0.77x | -2.55x |
| Interest Coverage | -439.06x | -72.89x | -13.04x | - | -421.63x | -47.09x | -12.94x | -38.46x | -112.99x | - | 384.89x | 34.52x | 104.42x | 327.75x | 494.13x | - | - |
| Total Equity | 43.43M | 30.27M | 46.08M | 13M | 15.02M | 42.91M | 17.68M | 36.87M | 37.74M | 30.62M | 30.59M | 33.15M | 16.19M | 31.28M | 31.28M | 266.55M | 265.06M |
| Equity Growth % | 189.19% | -29.46% | 160.67% | -64.75% | -60.2% | 40.13% | -42.22% | 11.21% | 133.07% | -2.09% | -2.19% | -87.56% | -93.89% | - | - | - | - |
| Book Value per Share | 1.74 | 1.21 | 1.69 | 0.59 | 1.13 | 3.88 | 1.62 | 3.39 | 3.47 | 3.42 | 3.12 | 3.38 | 1.08 | 0.91 | 0.91 | 7.73 | 7.68 |
| Total Shareholders' Equity | 13.68M | 5.33M | -1.72M | -59.45M | -23.08M | -88.91M | 17.68M | -51.12M | -169.6M | 30.62M | 30.59M | 33.15M | 16.19M | 31.28M | 31.28M | 266.55M | 265.06M |
| Common Stock | 5.8K | 2.44K | 5.57K | 4.86K | 4.85K | 4.85K | 57.01M | 4.03K | 4.03K | 3.37K | 31.16M | 31.16M | 30.92M | 31.16M | 31.16M | 281.91M | 281.54M |
| Retained Earnings | -51.39M | -58.06M | -61.81M | -96.22M | -39.57M | -103.44M | -43.21M | -53.16M | -169.61M | -533.35K | -564.8K | 0 | -14.73M | 119.98K | 119.98K | -15.36M | -16.48M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 8.25K | -4.89K | -4.89K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.99M | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 29.75M | 24.94M | 47.8M | 72.44M | 38.1M | 131.82M | 0 | 87.98M | 207.34M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |