Envirotech Vehicles (EVTV) Balance Sheet: Assets & Liabilities

Envirotech Vehicles (EVTV) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Envirotech Vehicles reported total assets of $4.67M and total liabilities of $13.60M. Shareholders' equity was negative at −$8.93M, meaning liabilities exceed assets. Total debt stood at $812.66K against $358.97K in cash and short-term investments, a net debt position of $453.70K.

Envirotech Vehicles 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 Envirotech Vehicles, Inc. (EVTV) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021	FY 2020	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Mar 2022	Dec 2021	Mar 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	0.36	1.94	0.46	2.77	4.85	4.85	0.14	1.93	4.43	3.76	2.45
Short-Term Investments	0.00	0.00	0.00	2.34	8.00	8.00	0.00	-	2.77	3.95	0.00
Cash & Short-Term Investments	0.36	1.94	0.46	5.10	12.85	12.85	0.14	1.93	7.20	7.71	2.45
Accounts Receivable	1.20	2.01	0.69	2.07	1.43	1.43	0.01	0.01	0.66	1.30	1.00
Inventory	0.00	6.42	10.13	5.67	3.85	3.85	0.00	-	0.49	0.00	0.23
Other Current Assets	1.69	7.27	0.78	0.16	4.90	0.33	1.79	-	1.24	1.18	0.78
Total Current Assets	3.48	17.64	12.06	18.34	23.02	23.02	1.94	1.94	9.64	10.18	4.45
Non-Current Assets
Property, Plant & Equipment (Net)	0.96	0.70	0.86	0.37	0.27	0.41	0.23	0.23	0.11	0.15	0.49
Goodwill	0.00	10.10	9.58	14.68	51.78	51.78	0.00	-	0.00	0.00	0.00
Intangible Assets	0.00	3.97	0.00	0.00	0.00	-	0.00	-	0.00	0.00	0.00
Other Non-Current Assets	0.22	0.26	0.15	0.09	0.24	0.10	0.24	0.24	0.57	0.50	0.39
Total Non-Current Assets	1.18	15.04	10.60	15.14	52.28	52.28	0.47	-	0.68	0.65	0.87
Total Assets	4.67	32.67	22.65	33.48	75.31	75.31	2.41	2.41	10.32	10.83	5.32
Current Liabilities
Accounts Payable	3.58	1.47	0.76	0.60	0.24	0.24	0.35	0.35	0.42	0.34	0.03
Short-Term Debt	0.51	3.83	0.27	0.22	0.16	0.03	0.00	-	5.82	1.70	2.15
Current Portion of Long-Term Debt	0.51	3.60	0.27	0.22	-	0.03	-	-	-	-	-
Accrued Liabilities	2.26	2.07	0.45	0.65	-	1.15	-	2.38	-	-	-
Deferred Revenue	1.54	4.24	0.00	0.00	0.00	-	0.00	-	0.00	0.00	0.00
Other Current Liabilities	5.17	2.20	0.45	0.65	1.15	-	2.38	-	0.65	0.97	0.51
Total Current Liabilities	13.29	11.74	1.77	1.47	1.55	1.55	2.73	2.73	6.89	3.01	2.69
Non-Current Liabilities
Long-Term Debt	0.31	0.00	0.01	0.02	0.02	0.01	0.15	0.15	0.00	0.00	0.00
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.15	0.22	0.29
Total Non-Current Liabilities	0.31	0.00	0.25	0.02	0.02	0.02	0.15	-	0.15	0.22	0.29
Total Liabilities	13.60	11.75	2.02	1.49	1.57	1.57	2.88	2.88	7.04	3.23	2.98
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Retained Earnings	-112.59	-73.46	-64.61	-51.93	-8.12	-8.12	-0.47	-0.47	-59.18	-54.03	-42.98
Additional Paid-in Capital	103.66	94.38	85.25	83.92	81.87	81.87	0.00	-	62.46	61.63	45.32
Shares Outstanding	7.74	1.99	1.52	1.50	-	1.49	-	-	-	-	-
Total Stockholders' Equity	-8.93	20.92	20.63	31.99	73.74	73.74	-0.47	-0.47	3.28	7.60	2.34
Total Liabilities & Equity	4.67	32.67	22.65	33.48	75.31	75.31	2.41	-	10.32	10.83	5.32

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

Frequently Asked Questions About Envirotech Vehicles Balance Sheet

How much debt does Envirotech Vehicles have?

Envirotech Vehicles had total debt of $812.66K as of Dec 31, 2025, against $358.97K in cash and short-term investments. Total debt was $3.84M a year earlier.

What are Envirotech Vehicles's total assets?

Envirotech Vehicles reported total assets of $4.67M as of Dec 31, 2025, down 85.7% from $32.67M a year earlier. Total liabilities were $13.60M.

What is Envirotech Vehicles's shareholders' equity?

Envirotech Vehicles's shareholders' equity was negative at −$8.93M as of Dec 31, 2025, 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. Full definition