How much debt does Culp have?

Culp had total debt of $19.13M as of May 3, 2026, against $8.27M in cash and short-term investments. Its debt-to-equity ratio was 0.40. Total debt was $20.16M a year earlier.

What are Culp's total assets?

Culp reported total assets of $111.99M as of May 3, 2026, up 0.9% from $110.95M a year earlier. Total liabilities were $63.84M.

What is Culp's shareholders' equity?

Culp's shareholders' equity was $48.15M as of May 3, 2026.

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.

Culp (CULP) Balance Sheet: Assets & Liabilities

Culp 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 Culp, Inc. (CULP) - Annual data in millions USD
Breakdown	FY 2026	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019	FY 2017
Period ending	May 2026	Apr 2026	Apr 2025	Apr 2024	Apr 2023	May 2022	Apr 2022	May 2021	Apr 2021	Apr 2020	Apr 2019	Apr 2018
Current Assets
Cash and Cash Equivalents	8.27	8.27	8.27	10.01	20.96	14.55	14.55	37.01	14.55	69.79	40.01	21.23
Short-Term Investments	1.48	1.48	1.48	0.90	1.40	-	1.40	8.70	0.00	5.19	5.00	28.21
Cash & Short-Term Investments	8.27	9.75	9.75	10.92	20.96	14.55	14.55	45.71	14.55	74.98	45.01	49.44
Accounts Receivable	20.37	20.37	20.51	21.14	24.78	22.23	22.23	37.73	23.08	26.68	24.15	26.31
Inventory	47.49	47.49	47.49	44.84	45.08	66.56	66.56	55.92	66.56	47.91	50.86	53.45
Other Current Assets	2.65	2.65	2.79	3.37	3.07	2.99	2.99	3.85	2.99	2.12	7.30	2.87
Total Current Assets	80.70	80.70	80.54	80.88	95.52	107.18	107.18	143.21	107.18	151.69	123.25	132.07
Non-Current Assets
Property, Plant & Equipment (Net)	24.00	24.00	24.00	39.39	44.30	57.28	57.28	55.73	57.28	47.05	48.39	51.79
Long-Term Investments	4.99	-	4.99	6.90	7.07	9.36	7.07	9.56	9.36	11.51	8.59	13.86
Goodwill	-	-	0.00	0.00	0.00	-	0.00	-	0.00	0.00	27.22	13.57
Intangible Assets	0.36	0.36	0.36	1.84	2.25	2.63	2.63	3.00	2.63	3.38	10.45	4.28
Other Non-Current Assets	1.95	0.56	0.56	0.83	2.57	0.60	0.60	2.58	0.60	0.66	1.38	0.96
Total Non-Current Assets	-	31.29	30.41	51.14	56.66	-	70.39	-	70.39	63.40	96.48	85.92
Total Assets	111.99	111.99	110.95	132.05	152.18	177.56	177.56	214.08	177.56	215.08	219.73	217.98
Current Liabilities
Accounts Payable	25.97	25.73	25.73	25.61	29.50	20.57	20.10	42.89	20.10	23.11	22.73	27.24
Short-Term Debt	12.13	12.13	12.13	10.51	2.64	-	5.28	-	3.22	10.43	0.00	0.00
Accrued Liabilities	5.63	1.90	3.41	2.52	10.69	8.25	3.58	14.84	-	-	-	-
Deferred Revenue	0.28	0.28	0.28	1.50	1.19	0.52	0.52	0.54	0.52	0.50	0.40	0.81
Other Current Liabilities	-	-	4.88	8.71	2.16	0.41	7.30	0.23	8.30	5.69	11.04	11.10
Total Current Liabilities	44.96	44.96	44.00	38.11	44.02	32.56	32.56	61.23	32.56	40.12	35.19	40.58
Non-Current Liabilities
Long-Term Debt	7.00	7.00	8.03	2.42	3.61	-	7.06	-	7.06	31.77	0.68	0.00
Deferred Tax Liabilities	-	4.88	4.88	6.38	5.95	6.00	6.00	5.33	6.00	1.82	3.18	2.15
Other Non-Current Liabilities	10.86	-	5.97	6.48	9.52	12.44	9.52	17.02	12.44	11.68	17.27	11.87
Total Non-Current Liabilities	18.88	18.88	18.88	17.82	13.13	19.50	25.51	23.84	25.51	45.27	20.29	14.02
Total Liabilities	63.84	63.84	62.89	55.93	63.10	58.06	58.06	85.07	58.06	85.39	55.48	54.61
Stockholders' Equity
Common Stock	0.63	0.63	0.00	0.62	0.62	0.61	0.61	0.62	0.61	0.62	0.62	0.62
Retained Earnings	1.06	1.06	0.00	30.38	44.20	75.72	75.72	84.44	75.72	86.51	115.58	114.64
Accumulated Other Comprehensive Income	0.32	0.32	0.00	0.12	0.02	0.03	0.03	0.15	0.03	0.15	0.04	-0.09
Additional Paid-in Capital	-	46.13	48.15	45.01	44.25	-	43.14	-	43.14	43.81	43.69	48.20
Minority Interest	-	-	0.00	0.00	0.00	-	0.00	-	0.00	0.93	4.31	0.00
Shares Outstanding	-	12.66	12.56	12.47	12.33	-	12.23	-	-	-	-	-
Total Stockholders' Equity	48.15	48.15	48.15	76.13	89.08	119.50	119.50	129.01	119.50	129.70	159.93	163.38
Total Liabilities & Equity	-	111.99	110.95	132.05	152.18	-	177.56	-	177.56	214.08	219.73	217.98

Source: Company financial statements from annual and quarterly filings. Data as of Aug 2, 2026. Data sources and methodology

Culp Balance Sheet Analysis

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