Tenax Therapeutics (TENX) Balance Sheet: Assets & Liabilities

Tenax Therapeutics (TENX) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Tenax Therapeutics reported total assets of $104.23M and total liabilities of $7.16M. Shareholders' equity was $97.07M, up 5.5% from $91.99M a year earlier. Total debt stood at $0.00 against $97.56M in cash and short-term investments, a net cash position of $97.56M. That puts debt-to-equity at 0.00, compared with 0.00 a year earlier.

Tenax Therapeutics 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 Tenax Therapeutics, Inc. (TENX) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2020	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Mar 2023	Dec 2022	Mar 2022	Dec 2021	Mar 2021	Dec 2020	Dec 2019	Mar 2019	Dec 2017
Current Assets
Cash and Cash Equivalents	97.57	94.85	9.79	2.12	2.12	5.58	5.58	6.25	6.25	4.91	12.37	1.60
Short-Term Investments	0.00	0.00	0.00	0.00	-	0.00	-	0.46	0.46	0.49	0.49	6.12
Cash & Short-Term Investments	97.57	94.85	9.79	2.12	2.12	5.58	5.58	6.71	6.71	5.40	12.86	7.73
Accounts Receivable	0.00	0.00	0.00	0.00	-	0.00	-	0.00	-	0.00	0.00	0.05
Inventory	0.00	0.00	0.00	0.00	-	0.00	-	0.00	-	0.00	0.00	0.00
Other Current Assets	6.66	0.06	1.89	1.08	1.08	0.11	0.11	0.08	0.08	0.78	0.46	0.29
Total Current Assets	104.23	96.69	11.68	3.21	3.21	5.69	5.69	6.80	6.80	6.18	13.32	8.06
Non-Current Assets
Property, Plant & Equipment (Net)	0.00	0.00	0.00	0.19	0.19	0.29	0.29	0.06	0.06	0.18	0.01	0.01
Long-Term Investments	0.00	0.00	0.00	0.00	-	0.00	-	0.00	-	0.00	0.00	1.81
Other Non-Current Assets	0.00	0.00	0.00	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Total Non-Current Assets	0.00	0.00	0.00	0.20	0.20	0.30	0.30	0.07	-	0.18	0.02	1.83
Total Assets	104.23	96.69	11.68	3.40	3.40	5.99	5.99	6.87	6.87	6.37	13.34	9.89
Current Liabilities
Accounts Payable	6.04	3.16	2.07	0.45	0.45	0.86	0.86	0.76	0.76	1.66	0.75	0.61
Short-Term Debt	0.00	0.00	0.50	0.74	0.62	0.11	-	0.18	0.12	0.11	0.00	0.00
Current Portion of Long-Term Debt	-	-	0.50	-	0.62	-	-	-	0.12	-	-	-
Accrued Liabilities	1.12	0.20	1.01	-	0.78	-	0.70	-	1.18	-	-	-
Other Current Liabilities	1.12	1.54	1.01	0.66	-	0.60	-	1.18	-	0.76	0.82	0.40
Total Current Liabilities	7.16	4.69	3.59	1.85	1.85	1.56	1.56	2.12	2.12	2.53	1.57	1.01
Non-Current Liabilities
Long-Term Debt	0.00	0.00	0.00	0.06	0.06	0.18	0.18	0.12	0.12	0.06	0.00	0.00
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	-	0.00	-	0.00	-	0.00	0.00	0.00
Total Non-Current Liabilities	0.00	0.00	0.00	0.06	0.06	0.18	0.18	0.12	-	0.06	0.00	0.00
Total Liabilities	7.16	4.69	3.59	1.91	1.91	1.75	1.75	2.24	2.24	2.59	1.57	1.01
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Retained Earnings	-367.45	-314.86	-297.25	-289.54	-289.54	-278.49	-278.49	-246.02	-246.02	-236.17	-227.80	-213.50
Accumulated Other Comprehensive Income	0.00	0.00	0.00	0.00	-	0.00	-	0.00	0.00	0.00	0.00	-0.02
Additional Paid-in Capital	464.52	406.85	305.35	291.03	291.03	282.74	282.74	250.64	-	239.94	239.57	222.40
Shares Outstanding	9.31	3.42	0.30	-	0.03	-	0.02	-	-	-	-	-
Total Stockholders' Equity	97.07	91.99	8.10	1.49	1.49	4.24	4.24	4.63	4.63	3.77	11.77	8.88
Total Liabilities & Equity	104.23	96.69	11.68	3.40	3.40	5.99	5.99	6.87	-	6.37	13.34	9.89

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

Frequently Asked Questions About Tenax Therapeutics Balance Sheet

How much debt does Tenax Therapeutics have?

Tenax Therapeutics had total debt of $0.00 as of Dec 31, 2025, against $97.56M in cash and short-term investments. Its debt-to-equity ratio was 0.00. Total debt was $0.00 a year earlier.

What are Tenax Therapeutics's total assets?

Tenax Therapeutics reported total assets of $104.23M as of Dec 31, 2025, up 7.8% from $96.69M a year earlier. Total liabilities were $7.16M.

What is Tenax Therapeutics's shareholders' equity?

Tenax Therapeutics's shareholders' equity was $97.07M as of Dec 31, 2025, or about $10.42 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