Innovative Aerosystems (ISSC) Balance Sheet: Assets & Liabilities

Innovative Aerosystems (ISSC) Balance Sheet

As of Sep 30, 2025 (end of fiscal 2025), Innovative Aerosystems reported total assets of $103.36M and total liabilities of $38.76M. Shareholders' equity was $64.60M, up 38.5% from $46.64M a year earlier. Total debt stood at $24.14M against $2.69M in cash and short-term investments, a net debt position of $21.45M. That puts debt-to-equity at 0.37, compared with 0.60 a year earlier.

Innovative Aerosystems 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 Innovative Aerosystems, Inc. (ISSC) - 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	2.69	0.54	3.10	17.25	8.27	12.60	22.42	20.39	24.68
Cash & Short-Term Investments	2.69	0.54	3.10	17.25	8.27	12.60	22.42	20.39	24.68
Accounts Receivable	12.96	12.61	9.74	4.30	4.05	4.37	2.43	3.45	4.49
Inventory	28.36	18.69	6.14	5.35	4.55	4.29	4.47	4.28	4.18
Other Current Assets	1.39	1.16	0.45	2.22	0.83	11.86	0.64	0.54	0.83
Total Current Assets	50.73	34.69	34.67	28.20	17.69	33.12	29.96	28.66	34.18
Non-Current Assets
Property, Plant & Equipment (Net)	18.80	13.37	7.91	6.29	8.14	8.22	8.44	8.79	6.67
Goodwill	6.70	5.21	3.56	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	23.58	27.01	16.19	0.06	0.06	0.11	0.05	0.07	0.07
Other Non-Current Assets	3.54	2.10	0.18	0.15	1.25	0.09	0.10	0.11	0.12
Total Non-Current Assets	52.63	47.70	28.28	6.50	9.40	8.43	8.60	8.97	6.86
Total Assets	103.36	82.38	62.96	34.71	27.09	41.55	38.56	37.63	41.04
Current Liabilities
Accounts Payable	3.58	2.32	1.34	0.71	0.62	0.79	1.08	1.53	1.32
Short-Term Debt	2.44	0.00	2.00	0.01	0.01	0.05	0.00	0.00	0.00
Current Portion of Long-Term Debt	2.44	-	2.00	-	-	-	-	-	-
Accrued Liabilities	8.16	4.61	1.72	2.97	1.43	-	-	-	-
Deferred Revenue	2.48	0.34	0.14	0.26	0.42	0.31	0.03	0.36	0.28
Other Current Liabilities	0.73	0.60	0.56	0.61	0.59	12.01	0.90	1.32	1.50
Total Current Liabilities	16.66	7.27	6.40	3.94	2.47	13.65	2.22	3.35	3.36
Non-Current Liabilities
Long-Term Debt	21.70	28.03	17.50	0.02	0.03	0.00	0.00	0.00	0.00
Deferred Tax Liabilities	0.00	0.00	0.00	0.00	0.00	0.13	0.13	0.13	0.07
Other Non-Current Liabilities	0.40	0.45	0.42	0.02	0.03	0.00	0.00	0.00	0.00
Total Non-Current Liabilities	22.10	28.48	17.92	0.02	0.03	0.13	0.13	0.13	0.07
Total Liabilities	38.76	35.74	24.32	3.96	2.50	13.78	2.35	3.48	3.43
Stockholders' Equity
Common Stock	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02
Retained Earnings	28.29	12.67	5.67	-0.36	-5.88	-2.34	5.57	3.72	7.37
Treasury Stock	3.46	3.46	21.37	21.37	-	-	-	-	-
Additional Paid-in Capital	39.75	33.95	54.32	31.09	30.45	30.09	30.62	30.42	30.22
Shares Outstanding	17.63	17.50	17.45	17.32	-	-	-	-	-
Total Stockholders' Equity	64.60	46.64	38.64	30.75	24.59	27.77	36.21	34.15	37.61
Total Liabilities & Equity	103.36	82.38	62.96	34.71	27.09	41.55	38.56	37.63	41.04

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

Frequently Asked Questions About Innovative Aerosystems Balance Sheet

How much debt does Innovative Aerosystems have?

Innovative Aerosystems had total debt of $24.14M as of Sep 30, 2025, against $2.69M in cash and short-term investments. Its debt-to-equity ratio was 0.37. Total debt was $28.03M a year earlier.

What are Innovative Aerosystems's total assets?

Innovative Aerosystems reported total assets of $103.36M as of Sep 30, 2025, up 25.5% from $82.38M a year earlier. Total liabilities were $38.76M.

What is Innovative Aerosystems's shareholders' equity?

Innovative Aerosystems's shareholders' equity was $64.60M as of Sep 30, 2025, or about $3.66 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