Apyx Medical (APYX) Balance Sheet: Assets & Liabilities

Apyx Medical (APYX) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Apyx Medical reported total assets of $66.84M and total liabilities of $52.01M. Shareholders' equity was $14.54M, up 2.3% from $14.21M a year earlier. Total debt stood at $39.34M against $31.74M in cash and short-term investments, a net debt position of $7.60M. That puts debt-to-equity at 2.71, compared with 2.41 a year earlier.

Apyx Medical Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Apyx Medical Corporation (APYX) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Mar 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	31.74	31.74	43.65	10.19	30.87	41.92	41.92	58.81	16.47	9.95
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	61.68	0.00
Cash & Short-Term Investments	31.74	31.74	43.65	10.19	30.87	41.92	41.92	58.81	78.14	9.95
Accounts Receivable	16.78	15.48	14.02	10.60	13.04	17.33	17.33	9.22	5.08	4.86
Inventory	8.60	7.56	9.92	11.80	6.78	4.05	4.05	5.05	5.21	6.53
Other Current Assets	1.35	1.66	2.76	2.74	1.93	2.80	2.80	3.58	3.47	3.47
Total Current Assets	58.47	56.44	70.36	42.97	60.74	66.09	66.09	76.66	89.52	22.55
Non-Current Assets
Property, Plant & Equipment (Net)	6.62	6.74	7.15	7.59	6.87	7.22	7.22	7.62	5.79	6.41
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	-0.15	-0.19
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	0.19	0.19
Intangible Assets	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	0.01	1.69
Other Non-Current Assets	1.75	1.66	1.73	1.22	1.11	0.81	0.81	0.39	0.11	0.16
Total Non-Current Assets	8.37	8.40	8.88	8.80	7.98	8.02	-	8.01	6.09	8.44
Total Assets	66.84	64.84	79.24	51.78	68.72	74.11	74.11	84.68	95.61	30.99
Current Liabilities
Accounts Payable	3.06	2.62	2.71	2.67	2.63	1.51	1.51	2.44	1.42	1.58
Short-Term Debt	0.43	0.36	0.37	0.25	0.29	0.36	-	0.48	0.00	0.24
Accrued Liabilities	5.82	7.06	9.66	6.00	10.29	-	4.69	-	-	-
Deferred Revenue	0.00	0.69	0.49	0.85	0.53	0.00	-	7.91	0.00	0.00
Other Current Liabilities	8.21	3.60	3.97	2.08	3.07	5.03	2.59	-0.07	6.28	4.15
Total Current Liabilities	11.70	10.72	12.74	11.85	13.21	9.15	9.15	12.24	7.70	5.97
Non-Current Liabilities
Long-Term Debt	38.91	33.89	33.19	0.54	0.02	0.31	-	0.66	0.14	2.60
Deferred Tax Liabilities	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	0.15	0.37
Other Non-Current Liabilities	0.35	0.26	1.44	0.18	1.49	0.17	0.17	0.52	0.00	0.02
Total Non-Current Liabilities	40.31	39.79	39.58	2.13	1.51	1.10	-	1.18	0.14	2.98
Total Liabilities	52.01	50.51	52.32	13.98	14.71	10.25	10.25	13.42	7.84	8.96
Stockholders' Equity
Common Stock	0.04	0.04	0.04	0.04	0.03	0.03	0.03	0.03	0.03	0.03
Retained Earnings	-89.12	-77.91	-54.45	-35.74	-12.55	2.62	2.62	14.52	35.51	-28.50
Accumulated Other Comprehensive Income	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	-6.36	-6.71
Additional Paid-in Capital	103.62	92.08	81.11	73.28	66.22	61.07	-	56.71	59.28	50.50
Minority Interest	0.29	0.13	0.22	0.21	0.31	0.14	-	0.00	0.00	0.00
Shares Outstanding	41.79	37.79	34.64	34.60	34.41	-	-	-	-	-
Total Stockholders' Equity	14.54	14.21	26.92	37.58	54.01	63.72	63.86	71.26	87.77	22.03
Total Liabilities & Equity	66.84	64.84	79.24	51.78	68.72	74.11	-	84.68	95.61	30.99

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Apyx Medical Balance Sheet

How much debt does Apyx Medical have?

Apyx Medical had total debt of $39.34M as of Dec 31, 2025, against $31.74M in cash and short-term investments. Its debt-to-equity ratio was 2.71. Total debt was $34.25M a year earlier.

What are Apyx Medical's total assets?

Apyx Medical reported total assets of $66.84M as of Dec 31, 2025, up 3.1% from $64.84M a year earlier. Total liabilities were $52.01M.

What is Apyx Medical's shareholders' equity?

Apyx Medical's shareholders' equity was $14.54M as of Dec 31, 2025, or about $0.35 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition