FGI Industries (FGI) Balance Sheet: Assets & Liabilities

FGI Industries (FGI) Balance Sheet

As of Mar 31, 2026 (end of fiscal 2025), FGI Industries reported total assets of $69.54M and total liabilities of $53.93M. Shareholders' equity was $17.28M, down 22.3% from $22.25M a year earlier. Total debt stood at $23.58M against $1.90M in cash and short-term investments, a net debt position of $21.68M. That puts debt-to-equity at 1.36, compared with 1.25 a year earlier.

FGI Industries 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 FGI Industries Ltd. (FGI) - Annual data in millions USD
Breakdown	FY 2025	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Mar 2026	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Current Assets
Cash and Cash Equivalents	1.90	1.90	4.56	7.78	10.07	3.88	4.02	2.42
Cash & Short-Term Investments	1.90	1.90	4.56	7.78	10.07	3.88	4.02	2.42
Accounts Receivable	31.12	13.85	20.29	16.20	14.30	26.35	17.34	15.69
Inventory	15.29	15.29	13.96	9.92	13.29	21.26	8.31	9.29
Other Current Assets	3.23	1.30	14.09	12.22	2.59	1.55	3.94	1.02
Total Current Assets	51.54	51.54	52.90	46.11	45.89	56.16	33.73	28.40
Non-Current Assets
Property, Plant & Equipment (Net)	14.89	14.89	16.46	17.11	11.09	8.48	9.86	9.58
Intangible Assets	1.73	1.73	1.85	0.10	0.04	0.04	0.13	0.21
Other Non-Current Assets	1.16	1.16	1.59	1.25	3.39	4.47	0.17	0.38
Total Non-Current Assets	17.99	17.99	22.56	19.63	14.48	12.99	11.42	11.11
Total Assets	69.54	69.54	75.46	65.74	60.37	69.15	45.15	39.52
Current Liabilities
Accounts Payable	24.74	24.74	20.24	15.26	14.82	32.01	19.51	16.70
Short-Term Debt	13.57	11.87	16.37	8.56	9.80	14.66	12.32	9.97
Accrued Liabilities	-	5.61	5.91	4.04	3.58	5.51	3.01	-
Other Current Liabilities	5.61	-	5.91	4.04	0.03	1.22	3.01	2.14
Total Current Liabilities	43.91	43.91	42.54	28.04	29.78	54.72	35.42	28.81
Non-Current Liabilities
Long-Term Debt	10.01	10.01	11.35	13.67	7.85	6.88	8.20	7.09
Other Non-Current Liabilities	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00
Total Non-Current Liabilities	10.01	10.01	11.35	13.67	7.85	6.88	8.20	7.09
Total Liabilities	53.93	53.93	53.90	41.72	37.62	61.60	43.62	35.90
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.00	0.00	1.53	3.62
Retained Earnings	-2.93	-2.93	3.21	4.41	3.68	0.00	0.00	0.00
Accumulated Other Comprehensive Income	-1.40	-1.40	-2.24	-1.11	-1.40	7.55	1.53	3.62
Additional Paid-in Capital	21.61	21.61	21.28	20.88	20.46	0.00	0.00	-3.62
Minority Interest	-1.67	-1.67	-0.69	-0.15	0.00	0.00	0.00	0.00
Shares Outstanding	-	1.92	1.91	1.91	1.90	1.90	-	-
Total Stockholders' Equity	17.28	17.28	22.25	24.18	22.74	7.55	1.53	3.62
Total Liabilities & Equity	69.54	69.54	75.46	65.74	60.37	69.15	45.15	39.52

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

Frequently Asked Questions About FGI Industries Balance Sheet

How much debt does FGI Industries have?

FGI Industries had total debt of $23.58M as of Mar 31, 2026, against $1.90M in cash and short-term investments. Its debt-to-equity ratio was 1.36. Total debt was $27.72M a year earlier.

What are FGI Industries's total assets?

FGI Industries reported total assets of $69.54M as of Mar 31, 2026, down 7.9% from $75.46M a year earlier. Total liabilities were $53.93M.

What is FGI Industries's shareholders' equity?

FGI Industries's shareholders' equity was $17.28M as of Mar 31, 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. Full definition