Ocean Power Technologies (OPTT) Balance Sheet: Assets & Liabilities

Ocean Power Technologies (OPTT) Balance Sheet

As of Apr 30, 2026 (end of fiscal 2026), Ocean Power Technologies reported total assets of $39.92M and total liabilities of $27.45M. Shareholders' equity was $12.48M, down 53.2% from $26.65M a year earlier. Total debt stood at $10.05M against $8.72M in cash and short-term investments, a net debt position of $1.33M. That puts debt-to-equity at 0.81, compared with 0.07 a year earlier.

Ocean Power Technologies 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 Ocean Power Technologies, Inc. (OPTT) - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Apr 2026	Apr 2025	Apr 2024	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017
Current Assets
Cash and Cash Equivalents	8.72	6.72	3.15	6.88	7.89	83.03	10.00	16.66	11.50	8.42
Short-Term Investments	0.00	0.00	0.00	27.79	49.38	0.00	0.00	0.00	0.03	0.03
Cash & Short-Term Investments	8.72	6.72	3.15	34.67	57.27	83.03	10.00	16.66	11.52	8.45
Accounts Receivable	1.30	2.28	0.81	0.90	0.87	0.56	0.36	0.08	0.59	0.34
Inventory	4.65	4.22	4.83	1.10	0.44	0.00	0.00	0.34	0.57	0.33
Other Current Assets	2.34	0.40	1.75	0.99	0.73	0.87	1.29	0.82	1.14	0.96
Total Current Assets	15.89	13.62	10.54	37.67	59.30	84.44	11.65	17.62	13.26	9.75
Non-Current Assets
Property, Plant & Equipment (Net)	12.98	5.00	5.85	3.03	1.20	1.44	1.66	0.59	0.71	0.17
Long-Term Investments	0.00	0.00	0.00	0.00	-49.33	0.22	0.00	0.16	0.15	0.15
Goodwill	8.54	8.54	8.54	8.54	8.54	0.00	0.00	0.00	0.00	0.00
Intangible Assets	3.36	3.49	3.62	3.98	4.14	0.27	0.00	0.00	0.00	0.00
Other Non-Current Assets	5.13	0.15	0.15	0.16	0.22	0.00	0.22	0.00	0.00	0.00
Total Non-Current Assets	24.04	17.18	18.16	15.70	14.09	1.94	1.89	0.75	0.87	0.33
Total Assets	39.92	30.79	28.70	53.37	73.39	86.38	13.54	18.37	14.12	10.07
Current Liabilities
Accounts Payable	4.37	0.57	3.37	0.95	0.91	0.69	0.22	0.31	0.29	0.59
Short-Term Debt	9.22	1.15	0.78	0.53	0.32	0.84	0.23	0.00	0.02	0.04
Current Portion of Long-Term Debt	-	-	-	-	-	0.50	-	-	-	-
Accrued Liabilities	4.97	1.27	1.79	2.35	0.28	1.88	-	-	-	-
Deferred Revenue	6.39	0.00	0.30	1.38	0.13	0.00	0.10	0.19	0.02	3.66
Other Current Liabilities	1.32	0.30	2.91	2.70	1.63	3.17	1.18	1.77	3.23	0.19
Total Current Liabilities	27.46	3.29	7.36	7.91	2.98	4.69	1.90	2.44	3.74	4.60
Non-Current Liabilities
Long-Term Debt	0.84	0.65	1.80	1.31	0.54	1.22	1.08	0.00	0.00	0.05
Deferred Tax Liabilities	0.20	0.20	0.20	0.20	0.20	0.00	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	2.28	0.20	0.00	0.20	0.00	0.00	0.00	0.15	0.14	-0.02
Total Non-Current Liabilities	3.12	0.85	2.00	1.51	1.58	1.22	1.14	0.15	0.14	0.02
Total Liabilities	27.45	4.14	9.36	9.42	4.56	5.91	3.05	2.59	3.89	4.63
Stockholders' Equity
Common Stock	0.23	0.17	0.06	0.06	0.06	0.05	0.01	0.01	0.02	0.01
Retained Earnings	-373.91	-329.09	-307.58	-280.10	-253.77	-234.90	-220.14	-209.78	-197.54	-187.37
Accumulated Other Comprehensive Income	0.00	0.00	-0.05	-0.05	-0.05	-0.17	-0.18	-0.17	-0.16	-0.16
Treasury Stock	1.83	1.02	0.37	0.36	0.34	-	-	-	-	-
Additional Paid-in Capital	395.03	355.57	326.91	324.04	322.59	315.48	230.80	225.73	207.92	192.97
Shares Outstanding	7.62	5.71	2.04	1.88	55.88	-	-	-	-	-
Total Stockholders' Equity	12.48	26.65	19.34	43.95	68.83	80.47	10.49	15.78	10.24	5.45
Total Liabilities & Equity	39.92	30.79	28.70	53.37	73.39	86.38	13.54	18.37	14.12	10.07

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

Frequently Asked Questions About Ocean Power Technologies Balance Sheet

How much debt does Ocean Power Technologies have?

Ocean Power Technologies had total debt of $10.05M as of Apr 30, 2026, against $8.72M in cash and short-term investments. Its debt-to-equity ratio was 0.81. Total debt was $1.80M a year earlier.

What are Ocean Power Technologies's total assets?

Ocean Power Technologies reported total assets of $39.92M as of Apr 30, 2026, up 29.6% from $30.79M a year earlier. Total liabilities were $27.45M.

What is Ocean Power Technologies's shareholders' equity?

Ocean Power Technologies's shareholders' equity was $12.48M as of Apr 30, 2026, or about $1.64 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