Huadi International Group Co. (HUDI) Balance Sheet: Assets & Liabilities

Huadi International Group Co. (HUDI) Balance Sheet

As of Sep 30, 2025 (end of fiscal 2025), Huadi International Group Co. reported total assets of $108.40M and total liabilities of $32.59M. Shareholders' equity was $75.51M, down 3.2% from $78.00M a year earlier. Total debt stood at $22.34M against $9.73M in cash and short-term investments, a net debt position of $12.61M. That puts debt-to-equity at 0.30, compared with 0.19 a year earlier.

Huadi International Group Co. 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 Huadi International Group Co., Ltd. (HUDI) - 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	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017
Current Assets
Cash and Cash Equivalents	9.63	18.12	20.19	13.20	15.35	0.80	1.06	1.31	3.77
Short-Term Investments	0.10	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	9.73	18.12	20.19	13.20	15.35	0.80	1.06	1.31	3.77
Accounts Receivable	34.22	18.71	22.63	19.66	25.28	18.46	20.51	24.11	21.73
Inventory	26.34	23.31	26.71	24.87	22.72	20.84	17.85	22.14	34.19
Other Current Assets	0.00	8.73	2.88	4.72	10.66	7.25	8.52	9.61	0.00
Total Current Assets	70.29	77.47	80.24	64.40	77.08	47.35	47.93	57.18	59.69
Non-Current Assets
Property, Plant & Equipment (Net)	15.32	8.05	5.35	5.99	7.21	6.69	6.48	3.49	3.77
Long-Term Investments	11.82	13.01	12.52	12.84	14.17	13.45	12.78	13.30	13.72
Intangible Assets	4.21	4.37	4.31	1.07	1.23	1.20	1.17	1.25	1.32
Other Non-Current Assets	5.71	0.14	0.20	0.00	0.55	0.00	0.00	0.00	0.00
Total Non-Current Assets	38.11	26.12	22.77	20.23	23.17	21.78	20.84	18.77	19.52
Total Assets	108.40	103.59	103.01	84.64	100.25	69.12	68.77	75.94	79.21
Current Liabilities
Accounts Payable	2.71	1.89	7.13	3.36	1.71	1.86	1.12	1.18	8.54
Short-Term Debt	14.31	14.59	6.12	12.44	35.77	32.74	35.19	47.32	45.92
Current Portion of Long-Term Debt	0.04	-	0.04	-	-	-	-	-	-
Accrued Liabilities	5.96	2.15	1.95	1.77	6.10	-	-	-	-
Deferred Revenue	1.32	1.55	3.41	4.40	4.67	1.52	1.22	5.53	2.30
Other Current Liabilities	5.96	2.15	1.95	2.38	0.51	3.00	5.99	1.98	6.19
Total Current Liabilities	24.31	23.83	22.61	25.70	48.77	43.33	47.57	59.33	67.21
Non-Current Liabilities
Long-Term Debt	8.03	0.00	5.40	9.30	0.00	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.26	1.45	0.32	0.00	0.00	0.00	0.00	0.00	0.00
Total Non-Current Liabilities	8.28	1.45	5.72	9.30	0.00	0.00	0.00	0.00	0.00
Total Liabilities	32.59	25.28	28.33	35.00	48.77	43.33	47.57	59.33	67.21
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Retained Earnings	6.31	7.70	6.68	3.80	2.37	-0.16	-3.48	-8.87	-14.07
Accumulated Other Comprehensive Income	1.84	2.97	0.45	1.37	4.63	3.19	1.98	2.83	3.45
Additional Paid-in Capital	67.36	67.33	67.28	44.21	44.21	22.53	22.53	22.53	22.53
Minority Interest	0.30	0.31	0.27	0.25	0.26	0.22	0.18	0.13	0.09
Shares Outstanding	14.30	14.28	14.26	13.24	-	-	-	-	-
Total Stockholders' Equity	75.51	78.00	74.41	49.38	51.48	25.56	21.03	16.49	11.91
Total Liabilities & Equity	108.40	103.59	103.01	84.64	100.25	69.12	68.77	75.94	79.21

Source: Company financial statements from annual and quarterly filings. Data as of Mar 31, 2026. Data sources and methodology

Frequently Asked Questions About Huadi International Group Co. Balance Sheet

How much debt does Huadi International Group Co. have?

Huadi International Group Co. had total debt of $22.34M as of Sep 30, 2025, against $9.73M in cash and short-term investments. Its debt-to-equity ratio was 0.30. Total debt was $14.59M a year earlier.

What are Huadi International Group Co.'s total assets?

Huadi International Group Co. reported total assets of $108.40M as of Sep 30, 2025, up 4.6% from $103.59M a year earlier. Total liabilities were $32.59M.

What is Huadi International Group Co.'s shareholders' equity?

Huadi International Group Co.'s shareholders' equity was $75.51M as of Sep 30, 2025, or about $5.28 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