Skycorp Solar Group (PN) Balance Sheet: Assets & Liabilities

Skycorp Solar Group (PN) Balance Sheet

As of Sep 30, 2025 (end of fiscal 2025), Skycorp Solar Group reported total assets of $45.49M and total liabilities of $23.02M. Shareholders' equity was $19.88M, up 6.0% from $18.76M a year earlier. Total debt stood at $4.18M against $9.34M in cash and short-term investments, a net cash position of $5.17M. That puts debt-to-equity at 0.21, compared with 0.15 a year earlier.

Skycorp Solar Group 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 Skycorp Solar Group Ltd (PN) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Current Assets
Cash and Cash Equivalents	9.34	5.17	5.64	3.45	1.65
Short-Term Investments	0.00	0.14	0.00	0.00	0.00
Cash & Short-Term Investments	9.34	5.30	5.64	3.45	1.65
Accounts Receivable	9.05	10.66	6.46	0.78	1.66
Inventory	4.28	2.60	4.03	9.00	5.83
Other Current Assets	0.87	4.46	0.14	0.06	16.72
Total Current Assets	34.59	25.43	27.24	32.27	25.86
Non-Current Assets
Property, Plant & Equipment (Net)	2.47	0.64	0.65	0.58	0.10
Long-Term Investments	6.89	4.14	0.00	0.00	0.00
Intangible Assets	1.51	1.74	1.71	0.00	0.00
Other Non-Current Assets	0.00	4.14	0.00	0.00	0.00
Total Non-Current Assets	10.90	6.52	2.36	0.58	0.10
Total Assets	45.49	31.95	29.60	32.85	25.96
Current Liabilities
Accounts Payable	4.31	1.82	2.49	3.17	2.54
Short-Term Debt	4.13	2.36	2.62	2.11	0.54
Current Portion of Long-Term Debt	2.00	2.36	1.60	1.27	-
Accrued Liabilities	0.17	4.13	0.12	0.11	1.18
Deferred Revenue	7.50	4.35	2.31	8.88	3.49
Other Current Liabilities	1.00	0.02	0.00	0.33	3.09
Total Current Liabilities	21.72	12.76	11.72	16.91	10.84
Non-Current Liabilities
Long-Term Debt	0.04	0.43	0.76	0.24	0.00
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00
Total Non-Current Liabilities	1.30	0.43	0.84	0.24	0.00
Total Liabilities	23.02	13.19	12.57	17.15	10.84
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.05
Retained Earnings	11.41	14.28	13.80	12.70	11.09
Accumulated Other Comprehensive Income	0.01	0.11	-0.55	-0.14	1.32
Additional Paid-in Capital	8.46	2.03	2.03	2.03	1.99
Minority Interest	2.59	2.34	1.75	1.09	0.68
Shares Outstanding	1.35	1.35	1.35	1.35	-
Total Stockholders' Equity	19.88	18.76	15.29	14.60	14.44
Total Liabilities & Equity	45.49	31.95	29.60	32.85	25.96

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

Frequently Asked Questions About Skycorp Solar Group Balance Sheet

How much debt does Skycorp Solar Group have?

Skycorp Solar Group had total debt of $4.18M as of Sep 30, 2025, against $9.34M in cash and short-term investments. Its debt-to-equity ratio was 0.21. Total debt was $2.79M a year earlier.

What are Skycorp Solar Group's total assets?

Skycorp Solar Group reported total assets of $45.49M as of Sep 30, 2025, up 42.4% from $31.95M a year earlier. Total liabilities were $23.02M.

What is Skycorp Solar Group's shareholders' equity?

Skycorp Solar Group's shareholders' equity was $19.88M as of Sep 30, 2025, or about $14.73 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