Luda Technology Group (LUD) Balance Sheet: Assets & Liabilities

Luda Technology Group (LUD) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Luda Technology Group reported total assets of $49.13M and total liabilities of $26.92M. Shareholders' equity was $22.21M, up 75.4% from $12.66M a year earlier. Total debt stood at $2.30M against $10.25M in cash and short-term investments, a net cash position of $7.95M. That puts debt-to-equity at 0.10, compared with 0.97 a year earlier.

Luda Technology Group Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Balance sheet showing assets, liabilities, and shareholders' equity for Luda Technology Group Limited (LUD) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Current Assets
Cash and Cash Equivalents	4.52	8.13	8.08	4.12	5.45
Short-Term Investments	5.73	1.39	0.28	0.64	0.08
Cash & Short-Term Investments	10.25	9.52	8.36	4.76	5.53
Accounts Receivable	23.89	13.55	18.58	18.99	13.86
Inventory	4.97	4.87	5.58	5.59	4.63
Other Current Assets	0.88	2.78	4.95	4.25	1.79
Total Current Assets	39.99	31.85	39.51	33.85	25.95
Non-Current Assets
Property, Plant & Equipment (Net)	5.46	5.12	4.66	3.47	3.72
Intangible Assets	0.71	0.70	0.74	0.78	0.87
Other Non-Current Assets	2.33	1.63	1.79	1.53	1.31
Total Non-Current Assets	9.13	7.45	7.19	5.78	5.91
Total Assets	49.13	39.31	46.70	39.63	31.86
Current Liabilities
Accounts Payable	10.57	8.67	12.10	11.87	6.27
Short-Term Debt	0.29	11.68	11.29	6.00	6.49
Current Portion of Long-Term Debt	-	0.16	1.31	0.25	0.22
Accrued Liabilities	1.62	3.98	2.85	3.06	3.29
Deferred Revenue	0.13	0.22	0.23	0.22	0.40
Other Current Liabilities	13.23	1.31	2.28	1.44	0.72
Total Current Liabilities	24.54	25.85	28.75	22.60	17.17
Non-Current Liabilities
Long-Term Debt	2.01	0.61	0.76	2.10	1.32
Deferred Tax Liabilities	0.37	0.18	0.44	0.41	0.25
Other Non-Current Liabilities	0.00	0.18	0.44	0.41	0.25
Total Non-Current Liabilities	2.38	0.79	1.20	2.51	1.57
Total Liabilities	26.92	26.64	29.95	25.10	18.74
Stockholders' Equity
Common Stock	0.73	0.64	0.64	0.64	0.64
Retained Earnings	11.82	13.63	17.36	14.58	11.87
Accumulated Other Comprehensive Income	1.37	-1.60	-1.26	-0.69	0.60
Additional Paid-in Capital	8.30	0.00	0.00	0.00	0.00
Shares Outstanding	22.69	22.50	22.50	22.50	22.50
Total Stockholders' Equity	22.21	12.66	16.75	14.53	13.12
Total Liabilities & Equity	49.13	39.31	46.70	39.63	31.86

Source: Company financial statements from annual and quarterly filings. Data as of Dec 31, 2025. Data sources and methodology

Frequently Asked Questions About Luda Technology Group Balance Sheet

How much debt does Luda Technology Group have?

Luda Technology Group had total debt of $2.30M as of Dec 31, 2025, against $10.25M in cash and short-term investments. Its debt-to-equity ratio was 0.10. Total debt was $12.29M a year earlier.

What are Luda Technology Group's total assets?

Luda Technology Group reported total assets of $49.13M as of Dec 31, 2025, up 25.0% from $39.31M a year earlier. Total liabilities were $26.92M.

What is Luda Technology Group's shareholders' equity?

Luda Technology Group's shareholders' equity was $22.21M as of Dec 31, 2025, or about $0.98 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