Zynex, Inc. (ZYXI) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | 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 | Q1'21 | Q4'20 |
|---|
| Total Current Assets | 37.02M | 45.6M | 56.41M | 75.18M | 78.35M | 74.11M | 77.99M | 87.86M | 102.92M | 107.56M | 65.17M | 69.56M | 67.38M | 70.63M | 82.18M | 82.69M | 69.86M | 61.78M | 60.83M | 63.02M |
| Cash & Short-Term Investments | 13.26M | 17.54M | 23.85M | 39.63M | 37.63M | 30.9M | 32.86M | 44.58M | 52.44M | 58.75M | 16.79M | 20.14M | 23.53M | 26.88M | 39.25M | 42.61M | 35.37M | 32.33M | 33.44M | 39.17M |
| Cash Only | 13.26M | 17.54M | 23.85M | 39.63M | 37.63M | 30.9M | 32.86M | 44.58M | 42.52M | 58.75M | 16.79M | 20.14M | 23.53M | 26.88M | 39.25M | 42.61M | 35.37M | 32.33M | 33.44M | 39.17M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.92M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 6.7M | 10.35M | 14.05M | 18.02M | 21.62M | 23.59M | 25.44M | 26.84M | 33.29M | 32.96M | 32.06M | 35.06M | 28.35M | 27.82M | 27.84M | 28.63M | 24.23M | 18.31M | 14.87M | 13.84M |
| Days Sales Outstanding | 58.67 | 49.8 | 54.31 | 39.67 | 41.63 | 44.72 | 51.12 | 58.49 | 61.05 | 65.81 | 71.63 | 59.77 | 62.24 | 68.91 | 81.76 | 60.24 | 56.26 | 48.67 | 53.55 | 41.68 |
| Inventory | 11.99M | 12.21M | 13.53M | 13.92M | 15.71M | 15.39M | 15.48M | 13.11M | 14.19M | 14.32M | 14.18M | 13.48M | 14.37M | 14.57M | 13.48M | 10.76M | 9.15M | 9.95M | 10.96M | 8.63M |
| Days Inventory Outstanding | 210.81 | 166.02 | 147.6 | 136.52 | 140.56 | 140.85 | 139.87 | 122.23 | 137.29 | 139.9 | 134.33 | 136.46 | 158.64 | 174.75 | 157.61 | 132.12 | 128.54 | 130.91 | 149.79 | 122.64 |
| Other Current Assets | 5.07M | 5.5M | 4.98M | 0 | 3.39M | 0 | 4.21M | 3.33M | 3.01M | 0 | 2.13M | 868K | 0 | 0 | 1.6M | 689K | 0 | 0 | 0 | 1.38M |
| Total Non-Current Assets | 8.31M | 40.34M | 49.34M | 46.9M | 47.71M | 47.8M | 48.24M | 53.22M | 48.51M | 45.01M | 45.89M | 50.79M | 48.05M | 48.95M | 49.87M | 50.59M | 20.86M | 21.92M | 9.41M | 11.2M |
| Property, Plant & Equipment | 8M | 11.73M | 12.15M | 14.04M | 13.68M | 15.22M | 15.09M | 16.22M | 15.64M | 13.3M | 14.17M | 15.29M | 15.98M | 17M | 17.84M | 18.52M | 19.49M | 20.47M | 7.68M | 8.24M |
| Fixed Asset Turnover | 1.35x | 1.87x | 2.03x | 3.32x | 3.46x | 3.29x | 2.97x | 2.97x | 3.45x | 3.27x | 2.86x | 3.12x | 2.52x | 2.11x | 1.71x | 2.12x | 1.74x | 2.20x | 3.03x | 3.61x |
| Goodwill | 0 | 20.4M | 20.4M | 20.4M | 20.4M | 20.4M | 20.4M | 20.4M | 20.4M | 20.4M | 20.4M | 20.4M | 20.4M | 20.4M | 20.4M | 20.4M | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 6.8M | 7.02M | 7.25M | 7.48M | 7.71M | 7.93M | 8.16M | 8.39M | 8.62M | 8.84M | 9.07M | 9.3M | 9.53M | 9.75M | 9.97M | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -774K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 310K | 1.4M | 1.48M | 5.21M | 1.62M | 4.47M | 946K | 409K | 1.05M | 894K | 923K | 591K | 891K | 1.69M | 944K | 974K | 1M | 1.01M | 797K | 347K |
| Total Assets | 45.32M | 85.94M | 105.76M | 122.08M | 126.06M | 121.92M | 126.22M | 141.07M | 151.43M | 152.57M | 111.06M | 120.35M | 115.44M | 119.58M | 132.04M | 133.27M | 90.72M | 83.7M | 70.24M | 74.22M |
| Asset Turnover | 0.20x | 0.23x | 0.23x | 0.37x | 0.40x | 0.40x | 0.35x | 0.32x | 0.33x | 0.34x | 0.36x | 0.41x | 0.35x | 0.29x | 0.23x | 0.36x | 0.40x | 0.40x | 0.33x | 0.37x |
| Asset Growth % | -64.05% | -29.51% | -16.21% | -13.46% | -16.75% | -20.09% | 13.66% | 17.22% | 31.18% | 27.59% | -15.89% | -9.7% | 27.24% | 42.86% | 88% | 79.56% | 39.65% | 127.69% | 111.41% | 162.49% |
| Total Current Liabilities | 78.85M | 73.86M | 16.32M | 16.86M | 19.87M | 18.24M | 21.75M | 18.53M | 19.84M | 14.1M | 21.06M | 21.09M | 19.77M | 18.82M | 22.37M | 22.87M | 10.29M | 8.89M | 9.31M | 10.12M |
| Accounts Payable | 12.52M | 7.35M | 8.17M | 7.09M | 9.28M | 7.88M | 10.32M | 8.43M | 8.05M | 5.93M | 5.65M | 5.6M | 5.14M | 5.24M | 6.54M | 4.74M | 2.67M | 2.65M | 3.34M | 4.72M |
| Days Payables Outstanding | 173.09 | 100.06 | 82.04 | 75.44 | 77.58 | 83.08 | 91.79 | 73.82 | 67.32 | 56.83 | 54.62 | 52.62 | 56.88 | 73.35 | 73.34 | 49.16 | 35.8 | 37.5 | 61.58 | 61.97 |
| Short-Term Debt | 63.77M | 59.07M | 0 | 0 | 0 | 0 | 0 | 3.92M | 0 | 0 | 7.46M | 7.94M | 5.33M | 5.33M | 8.78M | 8.31M | 0 | 0 | 0 | 2.13M |
| Deferred Revenue (Current) | 0 | 0 | 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 | -99K | 16K | 0 | 0 | -318K | 2.95M | 0 | 0 | 0 | 0 |
| Current Ratio | 0.47x | 0.62x | 3.46x | 4.46x | 3.94x | 4.06x | 3.58x | 4.74x | 5.19x | 7.63x | 3.09x | 3.30x | 3.41x | 3.75x | 3.67x | 3.62x | 6.79x | 6.95x | 6.53x | 6.23x |
| Quick Ratio | 0.32x | 0.45x | 2.63x | 3.63x | 3.15x | 3.22x | 2.87x | 4.03x | 4.47x | 6.61x | 2.42x | 2.66x | 2.68x | 2.98x | 3.07x | 3.15x | 5.90x | 5.83x | 5.35x | 5.38x |
| Cash Conversion Cycle | 96.39 | 115.76 | 119.87 | 100.74 | 104.61 | 102.49 | 99.19 | 106.9 | 131.02 | 148.88 | 151.33 | 143.61 | 164 | 170.3 | 166.03 | 143.21 | 149 | 142.08 | 141.75 | 102.35 |
| Total Non-Current Liabilities | 7.85M | 10.81M | 68.67M | 69.51M | 70.42M | 70.86M | 71.37M | 76.41M | 73M | 76.21M | 25.51M | 32.91M | 30.48M | 31.74M | 33.85M | 36.48M | 17.05M | 17.51M | 4.77M | 7.25M |
| Long-Term Debt | 0 | 0 | 58.82M | 58.57M | 58.32M | 58.08M | 57.84M | 57.6M | 57.38M | 57.16M | 3.96M | 5.29M | 6.62M | 7.95M | 9.28M | 10.61M | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 7.85M | 8.88M | 9.85M | 10.94M | 12.1M | 12.78M | 13.53M | 14.64M | 15.63M | 12.15M | 12.95M | 13.73M | 14.16M | 14.19M | 15.08M | 16.17M | 17.05M | 17.51M | 4.77M | 5.2M |
| Deferred Tax Liabilities | 0 | 1.94M | 0 | 0 | 0 | 0 | 0 | 4.17M | 0 | 0 | 0 | 3.88M | 0 | 0 | 0 | 4.81M | 0 | 0 | 0 | 2.05M |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.9M | 8.6M | 10M | 9.7M | 9.6M | 9.5M | 9.7M | 0 | 0 | 0 | 0 |
| Total Liabilities | 86.69M | 84.67M | 84.98M | 86.37M | 90.29M | 89.1M | 93.13M | 94.94M | 92.85M | 90.3M | 46.57M | 53.99M | 50.25M | 50.57M | 56.22M | 59.35M | 27.34M | 26.4M | 14.08M | 17.37M |
| Total Debt | 71.62M | 72.46M | 73.04M | 73.82M | 74.68M | 74.97M | 75.43M | 76.17M | 76.29M | 71.35M | 26.5M | 26.96M | 29.18M | 30.99M | 36.59M | 38.06M | 19.58M | 19.98M | 6.92M | 7.33M |
| Net Debt | 58.36M | 54.92M | 49.19M | 34.19M | 37.05M | 44.08M | 42.57M | 31.59M | 33.77M | 12.6M | 9.71M | 6.82M | 5.65M | 4.11M | -2.66M | -4.55M | -15.79M | -12.35M | -26.52M | -31.84M |
| Debt / Equity | - | 57.46x | 3.52x | 2.07x | 2.09x | 2.28x | 2.28x | 1.65x | 1.30x | 1.15x | 0.41x | 0.41x | 0.45x | 0.45x | 0.48x | 0.51x | 0.31x | 0.35x | 0.12x | 0.13x |
| Debt / EBITDA | - | - | - | 86.85x | 15.20x | 22.16x | 46.45x | 22.04x | 10.86x | 19.36x | 23.50x | 2.46x | 3.80x | 5.81x | 13.89x | 3.12x | 2.27x | 4.52x | - | 2.59x |
| Net Debt / EBITDA | - | - | - | 40.23x | 7.54x | 13.03x | 26.21x | 9.14x | 4.81x | 3.42x | 8.61x | 0.62x | 0.74x | 0.77x | -1.01x | -0.37x | -1.83x | -2.79x | - | -11.26x |
| Interest Coverage | -49.40x | -12.33x | -18.63x | -0.92x | 6.08x | 3.53x | 1.03x | 6.28x | 16.14x | 13.92x | 20.07x | 103.26x | 60.92x | 37.08x | 16.98x | 503.74x | 447.00x | 84.78x | -120.11x | 459.40x |
| Total Equity | -41.37M | 1.26M | 20.77M | 35.71M | 35.77M | 32.82M | 33.1M | 46.13M | 58.58M | 62.27M | 64.49M | 66.36M | 65.19M | 69.01M | 75.82M | 73.92M | 63.38M | 57.3M | 56.15M | 56.85M |
| Equity Growth % | -215.65% | -96.16% | -37.24% | -22.59% | -38.94% | -47.3% | -48.67% | -30.48% | -10.13% | -9.77% | -14.95% | -10.24% | 2.85% | 20.43% | 35.02% | 30.02% | 16.9% | 112.56% | 140.92% | 189.29% |
| Book Value per Share | -1.36 | 0.04 | 0.66 | 1.11 | 1.11 | 1.02 | 1.01 | 1.36 | 1.62 | 1.68 | 1.72 | 1.75 | 1.68 | 1.73 | 1.84 | 1.88 | 1.62 | 1.46 | 1.47 | 1.45 |
| Total Shareholders' Equity | -41.37M | 1.26M | 20.77M | 35.71M | 35.77M | 32.82M | 33.1M | 46.13M | 58.58M | 62.27M | 64.49M | 66.36M | 65.19M | 69.01M | 75.82M | 73.92M | 63.38M | 57.3M | 56.15M | 56.85M |
| Common Stock | 30K | 30K | 30K | 32K | 32K | 32K | 32K | 33K | 34K | 36K | 39K | 39K | 39K | 40K | 41K | 41K | 37K | 37K | 37K | 36K |
| Retained Earnings | -43.57M | -655K | 19.38M | 29.77M | 30.39M | 28.01M | 26.79M | 26.78M | 25.57M | 21.97M | 18.62M | 17.05M | 9.6M | 4.72M | 1.38M | 0 | 31.64M | 25.53M | 22.72M | 23.43M |
| Treasury Stock | -92.12M | -92.12M | -92.12M | -87.19M | -87.19M | -87.19M | -84.98M | -71.56M | -57.56M | -42.63M | -36.51M | -33.16M | -26.32M | -17.17M | -6.51M | -6.51M | -6.51M | -5.97M | -3.92M | -3.85M |
| 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 |