EDAP TMS (FOCL) Balance Sheet: Assets & Liabilities

EDAP TMS (FOCL) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), EDAP TMS reported total assets of $79.00M and total liabilities of $59.58M. Shareholders' equity was $19.41M, down 54.3% from $42.48M a year earlier. Total debt stood at $27.68M against $20.45M in cash and short-term investments, a net debt position of $7.23M. That puts debt-to-equity at 1.43, compared with 0.21 a year earlier.

EDAP TMS 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 EDAP TMS S.A. (FOCL) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	20.45	31.00	48.02	67.71	53.66	30.22	23.44	22.25	24.02
Cash & Short-Term Investments	20.45	31.00	48.02	67.71	53.66	30.22	23.44	22.25	24.02
Accounts Receivable	22.58	19.32	21.25	13.90	12.35	15.10	14.13	15.22	14.82
Inventory	12.83	19.21	16.69	12.63	8.53	9.77	9.18	8.24	8.09
Other Current Assets	1.30	1.31	0.73	0.71	0.66	0.45	0.50	0.44	0.59
Total Current Assets	57.16	72.59	86.69	97.07	76.63	55.54	47.25	46.16	47.52
Non-Current Assets
Property, Plant & Equipment (Net)	13.50	10.74	9.05	6.42	5.88	6.85	7.54	4.81	4.42
Long-Term Investments	0.55	0.00	0.00	0.00	0.00	0.00	0.00	0.03	0.09
Goodwill	2.83	2.51	2.66	2.59	2.74	2.95	2.71	2.76	2.90
Intangible Assets	1.80	1.13	1.20	0.78	0.83	0.93	0.86	0.97	0.63
Other Non-Current Assets	2.06	2.45	0.72	0.70	1.74	0.80	0.72	0.63	0.55
Total Non-Current Assets	21.83	16.30	14.44	11.37	11.19	11.99	12.31	9.56	8.79
Total Assets	79.00	89.41	101.13	108.44	87.83	67.53	59.57	55.72	56.31
Current Liabilities
Accounts Payable	11.78	13.10	12.41	7.12	6.27	6.98	6.79	7.20	7.58
Short-Term Debt	9.35	6.49	5.71	3.70	2.18	10.18	5.98	5.21	4.03
Current Portion of Long-Term Debt	2.12	2.50	1.72	1.72	0.94	-	-	-	-
Accrued Liabilities	5.39	9.08	7.89	4.15	6.00	-	-	-	-
Deferred Revenue	7.10	6.90	4.47	4.34	3.88	3.30	2.12	2.21	2.76
Other Current Liabilities	8.91	0.00	7.88	0.00	6.00	5.84	4.75	4.61	5.01
Total Current Liabilities	37.14	39.28	30.48	23.28	20.41	26.31	19.64	19.22	19.37
Non-Current Liabilities
Long-Term Debt	18.33	2.25	3.66	3.85	5.61	3.42	3.74	2.50	1.64
Other Non-Current Liabilities	3.14	3.38	3.40	0.00	3.38	3.21	2.80	3.16	3.17
Total Non-Current Liabilities	22.44	7.64	7.77	8.35	10.49	7.76	8.02	6.77	5.48
Total Liabilities	59.58	46.92	38.25	31.63	30.90	34.07	27.66	25.99	24.86
Stockholders' Equity
Common Stock	6.07	6.06	5.36	5.12	4.99	4.69	4.29	4.36	4.58
Retained Earnings	-128.62	-99.37	-70.20	-45.44	-44.85	-49.11	-43.14	-45.67	-47.56
Accumulated Other Comprehensive Income	-8.34	-11.95	-4.96	-4.11	-4.08	-3.75	-3.86	-4.28	-4.33
Treasury Stock	1.02	1.02	0.88	0.96	-	-	-	-	-
Additional Paid-in Capital	150.30	148.77	132.68	122.20	100.86	80.29	73.41	74.12	77.51
Shares Outstanding	37.48	37.39	37.10	36.91	-	-	-	-	-
Total Stockholders' Equity	19.41	42.49	62.88	76.82	56.92	32.12	30.71	28.54	30.21
Total Liabilities & Equity	79.00	89.41	101.13	108.44	87.82	67.53	59.57	55.72	56.31

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

Frequently Asked Questions About EDAP TMS Balance Sheet

How much debt does EDAP TMS have?

EDAP TMS had total debt of $27.68M as of Dec 31, 2025, against $20.45M in cash and short-term investments. Its debt-to-equity ratio was 1.43. Total debt was $8.73M a year earlier.

What are EDAP TMS's total assets?

EDAP TMS reported total assets of $79.00M as of Dec 31, 2025, down 11.6% from $89.41M a year earlier. Total liabilities were $59.58M.

What is EDAP TMS's shareholders' equity?

EDAP TMS's shareholders' equity was $19.41M as of Dec 31, 2025, or about $0.52 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