How much debt does Beneficient have?

Beneficient had total debt of $96.78M as of Mar 31, 2026, against $2.54M in cash and short-term investments. Total debt was $117.90M a year earlier.

What are Beneficient's total assets?

Beneficient reported total assets of $238.77M as of Mar 31, 2026, down 32.7% from $354.88M a year earlier. Total liabilities were $337.53M.

What is Beneficient's shareholders' equity?

Beneficient's shareholders' equity was negative at −$214.02M as of Mar 31, 2026, so its liabilities exceeded its assets.

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.

Beneficient (BENF) Balance Sheet: Assets & Liabilities

Beneficient Balance Sheet Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Beneficient (BENF) - Annual data in billions USD
Breakdown	FY 2026	FY 2025	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019	FY 2018
Period ending	Mar 2026	Jun 2025	Mar 2025	Jun 2024	Mar 2024	Mar 2023	Mar 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	0.00	0.00	0.00	0.01	0.01	0.01	0.07	0.01	0.07	0.01	0.02	0.00
Cash & Short-Term Investments	0.00	0.00	0.00	0.01	0.01	0.01	0.07	0.01	0.07	0.01	0.02	0.00
Accounts Receivable	0.00	0.04	0.04	0.00	0.01	0.00	0.01	0.02	0.00	0.00	0.03	0.02
Inventory	0.00	0.00	-	0.00	-	0.00	-	-	0.00	0.00	0.00	0.00
Other Current Assets	0.00	-0.04	0.00	0.01	0.00	0.01	0.00	0.00	0.01	0.02	0.23	0.01
Total Current Assets	0.00	0.05	0.05	0.02	0.02	0.02	0.08	0.04	0.08	0.03	0.28	0.04
Non-Current Assets
Property, Plant & Equipment (Net)	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.01	0.00	0.00	0.00
Long-Term Investments	0.20	0.29	0.29	0.33	0.33	0.33	0.67	0.76	0.67	0.41	0.02	0.50
Goodwill	0.01	0.01	0.01	0.01	0.01	0.01	2.37	2.37	2.37	2.37	2.36	1.53
Intangible Assets	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	-0.20	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01
Total Non-Current Assets	0.01	0.31	0.31	0.35	0.35	0.35	3.06	-	3.06	2.79	2.40	2.04
Total Assets	0.24	0.35	0.35	0.37	0.37	0.37	3.14	3.18	3.14	2.82	2.68	2.08
Current Liabilities
Accounts Payable	0.05	0.06	0.10	0.12	0.16	0.12	0.04	0.04	0.03	0.02	0.01	0.02
Short-Term Debt	0.00	0.00	-	0.00	-	0.00	-	-	0.00	0.00	0.00	0.00
Accrued Liabilities	0.18	-	0.08	-	0.03	0.01	0.01	0.01	-	-	-	-
Other Current Liabilities	0.19	0.12	0.00	0.06	0.00	0.06	0.02	0.02	0.01	0.01	0.01	0.00
Total Current Liabilities	0.24	0.18	0.18	0.18	0.19	0.18	0.17	0.07	0.05	0.03	0.02	0.03
Non-Current Liabilities
Long-Term Debt	0.10	0.12	0.12	0.13	0.12	0.13	0.07	0.11	0.17	0.26	0.32	0.38
Deferred Tax Liabilities	0.00	0.00	0.00	0.00	-	0.00	0.00	-	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.02	0.00	0.10	0.28
Total Non-Current Liabilities	0.10	0.12	0.12	0.13	0.12	0.13	0.79	-	0.19	0.26	0.42	0.66
Total Liabilities	0.34	0.30	0.30	0.31	0.31	0.31	0.96	0.18	0.24	0.28	0.44	0.69
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.72	0.76	0.72	0.62	0.56	0.42
Retained Earnings	-2.10	-2.01	-2.01	-2.06	-2.06	-2.06	-	-	0.00	0.00	0.00	-0.10
Accumulated Other Comprehensive Income	0.00	0.00	0.00	-0.02	0.00	-0.02	0.00	0.00	0.00	0.00	0.00	0.00
Treasury Stock	0.00	-	0.00	-	0.00	0.00	0.00	-	-	-	-	-
Additional Paid-in Capital	1.88	1.84	1.84	1.84	1.85	1.84	-	-	0.00	0.00	0.00	0.00
Minority Interest	0.12	0.22	0.22	0.29	0.29	0.29	1.46	-	1.46	1.91	1.67	1.07
Shares Outstanding	0.01	-	0.00	-	0.00	0.00	0.00	-	-	-	-	-
Total Stockholders' Equity	-0.21	-0.17	-0.17	-0.23	-0.23	-0.23	0.71	3.00	1.44	0.62	0.56	0.32
Total Liabilities & Equity	0.24	0.35	0.35	0.37	0.37	0.37	3.14	-	3.14	2.82	2.68	2.08

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

Beneficient Balance Sheet Analysis

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