Quest Resource Holding (QRHC) Balance Sheet: Assets & Liabilities

Quest Resource Holding (QRHC) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Quest Resource Holding reported total assets of $145.55M and total liabilities of $105.04M. Shareholders' equity was $40.51M, down 25.2% from $54.16M a year earlier. Total debt stood at $65.01M against $1.01M in cash and short-term investments, a net debt position of $64.00M. That puts debt-to-equity at 1.60, compared with 1.44 a year earlier.

Quest Resource Holding 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 Quest Resource Holding Corporation (QRHC) - 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	1.01	0.40	0.32	9.56	8.43	7.52	3.41	2.12	1.06
Cash & Short-Term Investments	1.01	0.40	0.32	9.56	8.43	7.52	3.41	2.12	1.06
Accounts Receivable	49.01	62.25	58.15	45.89	39.95	17.42	13.90	16.71	16.26
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Current Assets	1.17	2.60	2.14	2.31	1.95	1.07	1.11	1.93	1.51
Total Current Assets	51.20	75.14	60.61	57.77	50.33	26.01	18.42	19.80	18.83
Non-Current Assets
Property, Plant & Equipment (Net)	5.00	5.81	3.99	5.01	4.49	3.09	2.44	0.97	1.32
Long-Term Investments	0.00	0.00	0.25	0.33	0.00	0.00	0.00	0.00	0.00
Goodwill	81.07	81.07	85.83	84.26	80.62	66.31	58.21	58.21	58.34
Intangible Assets	7.65	12.95	26.05	33.56	39.12	6.53	1.59	2.61	5.03
Other Non-Current Assets	0.64	0.68	0.39	0.57	1.11	0.29	0.00	0.00	0.00
Total Non-Current Assets	94.35	100.51	116.51	123.73	125.34	76.22	62.24	61.79	64.69
Total Assets	145.55	175.65	177.12	181.49	175.67	102.23	80.66	81.59	83.52
Current Liabilities
Accounts Payable	34.11	37.07	38.60	28.74	26.43	12.51	10.44	14.03	12.74
Short-Term Debt	1.02	1.65	1.65	1.65	1.33	0.62	0.63	0.00	0.00
Current Portion of Long-Term Debt	1.02	1.65	1.16	1.16	1.33	0.62	-	-	-
Accrued Liabilities	1.23	0.45	0.24	0.83	0.23	1.00	-	-	-
Deferred Revenue	0.13	1.00	1.51	2.73	3.72	0.05	0.02	0.07	0.33
Other Current Liabilities	0.13	1.84	2.68	4.60	4.57	1.57	1.54	1.27	1.04
Total Current Liabilities	39.53	44.39	44.92	38.05	37.72	17.26	13.34	15.85	14.58
Non-Current Liabilities
Long-Term Debt	64.00	76.27	65.91	72.30	62.41	14.95	5.67	5.19	6.77
Other Non-Current Liabilities	1.51	0.00	0.00	0.00	0.00	1.43	0.00	0.00	0.02
Total Non-Current Liabilities	65.51	77.10	65.91	72.30	64.32	16.92	5.68	5.19	6.79
Total Liabilities	105.04	121.49	110.84	110.35	102.04	34.19	19.01	21.04	21.37
Stockholders' Equity
Common Stock	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02
Retained Earnings	-140.49	-125.11	-110.05	-102.76	-96.71	-98.40	-99.23	-99.17	-96.74
Accumulated Other Comprehensive Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-2.52	-2.19
Additional Paid-in Capital	180.98	179.25	176.31	173.88	170.32	166.42	160.86	159.70	158.87
Shares Outstanding	20.96	20.61	20.16	19.70	19.05	-	-	-	-
Total Stockholders' Equity	40.51	54.16	66.28	71.14	73.63	68.04	61.64	60.54	62.15
Total Liabilities & Equity	145.55	175.65	177.12	181.49	175.67	102.23	80.66	81.59	83.52

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

Frequently Asked Questions About Quest Resource Holding Balance Sheet

How much debt does Quest Resource Holding have?

Quest Resource Holding had total debt of $65.01M as of Dec 31, 2025, against $1.01M in cash and short-term investments. Its debt-to-equity ratio was 1.60. Total debt was $77.92M a year earlier.

What are Quest Resource Holding's total assets?

Quest Resource Holding reported total assets of $145.55M as of Dec 31, 2025, down 17.1% from $175.65M a year earlier. Total liabilities were $105.04M.

What is Quest Resource Holding's shareholders' equity?

Quest Resource Holding's shareholders' equity was $40.51M as of Dec 31, 2025, or about $1.93 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