Natural Health Trends (NHTC) Balance Sheet: Assets & Liabilities

Natural Health Trends (NHTC) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Natural Health Trends reported total assets of $38.43M and total liabilities of $15.00M. Shareholders' equity was $23.43M, down 28.7% from $32.87M a year earlier. Total debt stood at $3.13M against $28.87M in cash and short-term investments, a net cash position of $25.74M. That puts debt-to-equity at 0.13, compared with 0.08 a year earlier.

Natural Health Trends 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 Natural Health Trends Corp. (NHTC) - 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	6.81	13.53	56.18	69.67	83.84	92.37	96.04	132.65	135.31
Short-Term Investments	22.06	30.41	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	28.87	43.94	56.18	69.67	83.84	92.37	96.04	132.65	135.31
Accounts Receivable	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory	2.05	3.27	4.29	4.53	5.26	3.78	6.40	12.17	8.40
Other Current Assets	3.27	3.77	3.76	3.36	4.37	3.60	5.94	5.37	7.53
Total Current Assets	34.19	50.98	64.23	77.55	93.47	99.74	108.38	150.19	151.24
Non-Current Assets
Property, Plant & Equipment (Net)	2.02	2.69	3.59	4.39	3.48	4.28	3.87	0.93	1.15
Long-Term Investments	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.17
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.76	1.76
Other Non-Current Assets	2.21	1.31	0.91	0.88	1.09	1.19	4.21	3.83	0.80
Total Non-Current Assets	4.23	4.38	4.86	5.27	4.89	6.20	10.12	7.73	8.31
Total Assets	38.43	55.36	69.09	82.82	98.36	105.94	118.50	157.92	159.55
Current Liabilities
Accounts Payable	0.56	0.90	0.99	0.81	0.76	0.58	0.68	1.63	1.75
Short-Term Debt	0.87	1.13	1.15	1.14	1.24	1.16	1.66	0.00	0.00
Accrued Liabilities	3.40	2.71	2.49	4.12	4.44	-	-	-	-
Deferred Revenue	5.57	6.43	6.17	5.60	8.54	3.09	4.51	6.80	4.46
Other Current Liabilities	3.29	4.00	4.73	8.77	7.21	15.19	19.29	34.37	35.41
Total Current Liabilities	13.69	20.80	19.98	20.44	24.66	21.51	26.30	43.08	41.92
Non-Current Liabilities
Long-Term Debt	2.26	1.51	2.32	2.99	1.93	2.78	1.56	0.00	0.00
Deferred Tax Liabilities	0.18	0.17	0.14	0.14	0.15	0.22	0.20	0.19	0.06
Other Non-Current Liabilities	0.18	0.17	5.19	9.24	12.13	13.75	15.37	24.79	26.96
Total Non-Current Liabilities	1.31	1.69	7.51	12.23	14.21	16.74	17.13	24.98	27.01
Total Liabilities	15.00	22.49	27.49	32.67	38.87	38.25	43.43	68.06	68.93
Stockholders' Equity
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Retained Earnings	-36.44	-26.34	-17.70	-9.06	-0.23	7.82	16.12	44.43	44.91
Accumulated Other Comprehensive Income	-0.78	-1.30	-1.07	-1.00	-0.49	-0.34	-1.26	-1.25	-0.41
Treasury Stock	24.40	24.40	24.34	25.90	25.90	-	-	-	-
Additional Paid-in Capital	60.64	84.90	84.70	60.20	86.10	60.20	60.20	46.67	46.11
Shares Outstanding	11.51	11.51	11.52	11.42	11.42	-	-	-	-
Total Stockholders' Equity	23.43	32.87	41.60	50.15	59.49	67.70	75.06	89.86	90.62
Total Liabilities & Equity	38.43	55.36	69.09	82.82	98.36	105.94	118.50	157.92	159.55

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

Frequently Asked Questions About Natural Health Trends Balance Sheet

How much debt does Natural Health Trends have?

Natural Health Trends had total debt of $3.13M as of Dec 31, 2025, against $28.87M in cash and short-term investments. Its debt-to-equity ratio was 0.13. Total debt was $2.64M a year earlier.

What are Natural Health Trends's total assets?

Natural Health Trends reported total assets of $38.43M as of Dec 31, 2025, down 30.6% from $55.36M a year earlier. Total liabilities were $15.00M.

What is Natural Health Trends's shareholders' equity?

Natural Health Trends's shareholders' equity was $23.43M as of Dec 31, 2025, or about $2.03 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