Taoping (TAOP) Balance Sheet: Assets & Liabilities

Taoping (TAOP) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Taoping reported total assets of $39.45M and total liabilities of $19.91M. Shareholders' equity was $19.54M, up 23.1% from $15.87M a year earlier. Total debt stood at $9.74M against $2.13M in cash and short-term investments, a net debt position of $7.61M. That puts debt-to-equity at 0.50, compared with 0.50 a year earlier.

Taoping 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 Taoping Inc. (TAOP) - 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	2.13	1.58	1.30	1.01	4.53	0.88	1.52	1.65	3.26
Cash & Short-Term Investments	2.13	1.58	1.30	1.01	4.53	0.88	1.52	1.65	3.26
Accounts Receivable	9.24	7.92	8.77	9.29	7.11	7.18	14.06	17.54	10.14
Inventory	0.79	6.32	1.25	0.36	0.53	0.25	0.30	0.69	0.63
Other Current Assets	14.25	13.67	13.93	8.73	19.41	4.11	3.15	8.99	7.49
Total Current Assets	26.41	29.49	25.25	19.40	31.58	12.43	19.03	28.88	21.52
Non-Current Assets
Property, Plant & Equipment (Net)	5.76	5.55	6.68	7.88	22.46	10.85	11.84	11.60	11.83
Long-Term Investments	0.00	0.09	0.09	0.10	0.68	0.03	5.44	1.08	0.05
Goodwill	7.28	0.00	0.00	0.06	0.00	0.00	0.00	0.00	0.00
Intangible Assets	0.00	0.00	0.81	1.78	2.95	4.30	0.00	0.06	0.81
Other Non-Current Assets	0.00	0.00	0.00	1.78	2.95	4.30	9.75	1.08	3.33
Total Non-Current Assets	13.03	5.64	7.58	9.81	26.09	18.35	21.58	12.74	16.12
Total Assets	39.45	35.13	32.83	29.21	47.16	30.78	40.62	41.62	37.64
Current Liabilities
Accounts Payable	3.07	0.99	0.83	2.29	8.38	14.93	12.65	11.77	6.84
Short-Term Debt	4.01	2.09	9.00	7.20	7.86	7.39	7.50	6.08	7.82
Current Portion of Long-Term Debt	-	0.31	-	-	-	-	-	-	-
Accrued Liabilities	4.59	1.14	0.86	5.41	5.15	4.79	-	-	-
Deferred Revenue	0.59	3.47	1.29	0.72	0.58	0.48	0.56	0.36	2.47
Other Current Liabilities	1.81	4.40	8.89	3.93	6.86	2.92	1.29	5.50	6.80
Total Current Liabilities	14.11	13.46	20.06	19.57	27.73	29.80	26.01	24.01	23.01
Non-Current Liabilities
Long-Term Debt	5.73	5.80	0.00	0.02	0.18	0.00	0.00	0.00	0.00
Deferred Tax Liabilities	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.11
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.11
Total Non-Current Liabilities	5.80	5.80	0.00	0.02	0.18	0.00	0.00	0.00	0.11
Total Liabilities	19.91	19.26	20.06	19.59	27.90	29.80	26.01	24.01	23.12
Stockholders' Equity
Common Stock	194.56	170.76	165.12	161.40	161.10	131.25	126.26	126.15	123.95
Retained Earnings	-210.42	-210.57	-208.75	-197.85	-202.14	-192.21	-174.52	-170.94	-172.40
Accumulated Other Comprehensive Income	23.84	33.24	33.80	23.61	37.84	37.66	37.07	37.26	38.01
Additional Paid-in Capital	11.57	22.45	22.60	22.45	22.45	15.64	16.46	15.78	15.81
Minority Interest	0.00	0.00	0.00	0.00	0.00	8.64	9.34	9.35	9.13
Shares Outstanding	9.60	0.45	0.10	0.05	0.05	-	-	-	-
Total Stockholders' Equity	19.54	15.87	12.76	9.62	19.25	-7.66	5.27	8.26	5.38
Total Liabilities & Equity	39.45	35.13	32.83	29.21	47.16	30.78	40.62	41.62	37.64

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

Frequently Asked Questions About Taoping Balance Sheet

How much debt does Taoping have?

Taoping had total debt of $9.74M as of Dec 31, 2025, against $2.13M in cash and short-term investments. Its debt-to-equity ratio was 0.50. Total debt was $7.89M a year earlier.

What are Taoping's total assets?

Taoping reported total assets of $39.45M as of Dec 31, 2025, up 12.3% from $35.13M a year earlier. Total liabilities were $19.91M.

What is Taoping's shareholders' equity?

Taoping's shareholders' equity was $19.54M 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