Mastech Digital (MHH) Balance Sheet: Assets & Liabilities

Mastech Digital (MHH) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Mastech Digital reported total assets of $111.84M and total liabilities of $22.53M. Shareholders' equity was $89.31M, up 2.1% from $87.43M a year earlier. Total debt stood at $2.42M against $36.53M in cash and short-term investments, a net cash position of $34.11M. That puts debt-to-equity at 0.03, compared with 0.04 a year earlier.

Mastech Digital 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 Mastech Digital, Inc. (MHH) - 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	36.53	27.74	21.15	7.06	6.62	7.68	2.98	1.29	2.48
Cash & Short-Term Investments	36.53	27.74	21.15	7.06	6.62	7.68	2.98	1.29	2.48
Accounts Receivable	20.65	31.44	22.56	33.60	43.39	32.13	32.35	38.08	30.66
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.21	-0.01
Other Current Assets	5.65	7.02	5.50	3.80	3.89	1.35	1.60	2.54	3.06
Total Current Assets	68.58	66.21	56.46	53.17	53.91	41.16	36.93	40.90	34.67
Non-Current Assets
Property, Plant & Equipment (Net)	4.09	5.83	7.02	6.55	7.93	5.26	7.09	2.21	1.90
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	-1.03	0.00	0.00
Goodwill	27.21	27.21	27.21	32.51	32.51	32.51	26.11	26.11	35.84
Intangible Assets	7.76	10.31	13.00	15.77	18.76	21.93	20.05	22.74	25.47
Other Non-Current Assets	3.18	0.63	1.53	0.87	0.96	0.40	0.41	0.54	0.26
Total Non-Current Assets	43.26	45.28	48.76	55.71	60.16	60.89	53.65	51.68	63.93
Total Assets	111.84	111.48	105.23	108.88	114.07	102.05	90.58	92.58	98.60
Current Liabilities
Accounts Payable	3.45	4.68	4.66	4.48	4.95	2.59	4.03	4.13	5.03
Short-Term Debt	1.28	1.27	1.24	1.10	5.88	5.48	7.37	4.58	4.00
Current Portion of Long-Term Debt	-	-	-	1.10	4.40	-	-	-	-
Accrued Liabilities	16.29	14.30	13.29	12.27	15.47	-	-	-	-
Deferred Revenue	0.04	0.33	0.68	0.21	0.54	0.48	0.24	0.26	2.11
Other Current Liabilities	16.33	14.30	13.29	12.17	15.47	13.26	7.28	8.74	10.58
Total Current Liabilities	21.06	20.58	19.87	19.56	26.84	21.97	19.09	17.91	20.11
Non-Current Liabilities
Long-Term Debt	1.14	2.49	3.84	2.29	12.41	15.20	24.00	34.13	34.15
Deferred Tax Liabilities	0.00	0.00	0.00	0.92	0.27	2.22	1.03	0.74	0.48
Other Non-Current Liabilities	-0.81	0.99	0.07	1.03	0.13	5.34	0.19	6.27	17.19
Total Non-Current Liabilities	1.47	3.47	3.91	3.32	12.80	20.54	25.21	40.40	51.34
Total Liabilities	22.53	24.05	23.78	22.88	39.64	42.51	44.30	58.31	71.45
Stockholders' Equity
Common Stock	0.14	0.14	0.13	0.13	0.13	0.13	0.13	0.13	0.06
Retained Earnings	56.43	55.82	52.42	59.55	50.84	38.62	28.76	17.61	10.92
Accumulated Other Comprehensive Income	-2.64	-1.91	-1.64	-1.56	-0.61	-0.54	-0.36	-0.12	0.02
Treasury Stock	7.13	4.89	4.81	4.19	4.19	-	-	-	-
Additional Paid-in Capital	42.52	33.39	35.35	32.06	24.06	21.32	17.75	16.66	16.15
Shares Outstanding	11.69	11.72	11.60	11.62	11.47	-	-	-	-
Total Stockholders' Equity	89.31	87.43	81.44	86.00	74.43	59.53	46.28	34.28	27.15
Total Liabilities & Equity	111.84	111.48	105.23	108.88	114.07	102.05	90.58	92.58	98.60

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

Frequently Asked Questions About Mastech Digital Balance Sheet

How much debt does Mastech Digital have?

Mastech Digital had total debt of $2.42M as of Dec 31, 2025, against $36.53M in cash and short-term investments. Its debt-to-equity ratio was 0.03. Total debt was $3.75M a year earlier.

What are Mastech Digital's total assets?

Mastech Digital reported total assets of $111.84M as of Dec 31, 2025, up 0.3% from $111.48M a year earlier. Total liabilities were $22.53M.

What is Mastech Digital's shareholders' equity?

Mastech Digital's shareholders' equity was $89.31M as of Dec 31, 2025, or about $7.64 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