Stardust Power (SDST) Balance Sheet: Assets & Liabilities

Stardust Power (SDST) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Stardust Power reported total assets of $11.78M and total liabilities of $17.59M. Shareholders' equity was negative at −$5.81M, meaning liabilities exceed assets. Total debt stood at $2.47M against $3.49M in cash and short-term investments, a net cash position of $1.02M.

Stardust Power 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 Stardust Power Inc. (SDST) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Current Assets
Cash and Cash Equivalents	3.48	0.91	1.27	0.10	0.84
Short-Term Investments	0.01	0.00	0.00	304.68	300.08
Cash & Short-Term Investments	3.49	0.91	1.27	304.78	300.92
Accounts Receivable	0.00	0.50	0.00	0.00	0.00
Inventory	0.00	0.00	0.00	0.00	0.00
Other Current Assets	0.60	0.72	1.43	0.01	0.18
Total Current Assets	4.08	2.14	2.70	0.11	1.03
Non-Current Assets
Property, Plant & Equipment (Net)	1.76	1.76	0.00	0.00	0.00
Long-Term Investments	0.04	1.50	0.22	304.68	300.08
Other Non-Current Assets	5.94	3.63	0.32	0.00	0.00
Total Non-Current Assets	7.72	6.89	0.32	304.68	300.08
Total Assets	11.78	9.02	3.02	304.78	301.10
Current Liabilities
Accounts Payable	8.31	10.26	1.26	0.08	0.14
Short-Term Debt	0.21	10.01	0.07	0.79	0.00
Current Portion of Long-Term Debt	0.93	-	-	-	-
Accrued Liabilities	4.84	1.82	0.21	3.02	2.67
Other Current Liabilities	0.00	4.72	0.00	3.09	2.81
Total Current Liabilities	14.28	25.00	1.54	3.88	2.81
Non-Current Liabilities
Long-Term Debt	2.26	0.00	5.21	0.00	0.00
Other Non-Current Liabilities	1.05	3.41	5.22	10.97	23.42
Total Non-Current Liabilities	1.05	3.41	5.22	10.97	23.42
Total Liabilities	17.59	28.41	6.76	14.84	26.23
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.00
Retained Earnings	-68.34	-52.62	-3.79	-14.74	-25.13
Additional Paid-in Capital	62.53	33.23	0.05	0.00	0.00
Shares Outstanding	9.87	4.77	4.67	-	-
Total Stockholders' Equity	-5.81	-19.39	-3.73	289.94	274.87
Total Liabilities & Equity	11.78	9.02	3.02	304.78	301.10

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

Frequently Asked Questions About Stardust Power Balance Sheet

How much debt does Stardust Power have?

Stardust Power had total debt of $2.47M as of Dec 31, 2025, against $3.49M in cash and short-term investments. Total debt was $10.01M a year earlier.

What are Stardust Power's total assets?

Stardust Power reported total assets of $11.78M as of Dec 31, 2025, up 30.5% from $9.02M a year earlier. Total liabilities were $17.59M.

What is Stardust Power's shareholders' equity?

Stardust Power's shareholders' equity was negative at −$5.81M as of Dec 31, 2025, so its liabilities exceeded its assets.

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