TSS (TSSI) Balance Sheet: Assets & Liabilities

TSS (TSSI) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), TSS reported total assets of $184.94M and total liabilities of $108.30M. Shareholders' equity was $76.64M, up 973.6% from $7.14M a year earlier. Total debt stood at $41.64M against $85.51M in cash and short-term investments, a net cash position of $43.87M. That puts debt-to-equity at 0.54, compared with 1.28 a year earlier.

TSS 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 TSS, Inc. (TSSI) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Mar 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	85.51	23.22	11.83	20.40	20.40	8.00	19.01	8.68	6.18	2.27
Cash & Short-Term Investments	85.51	23.22	11.83	20.40	20.40	8.00	19.01	8.68	6.18	2.27
Accounts Receivable	15.51	16.20	3.53	2.98	2.75	1.85	1.72	4.05	0.88	1.21
Inventory	15.97	17.67	2.34	0.86	0.86	0.85	0.20	1.35	0.11	0.13
Other Current Assets	1.64	0.25	0.30	0.18	0.18	0.54	0.06	0.11	0.27	0.11
Total Current Assets	118.63	58.20	19.31	24.41	24.41	11.81	20.99	14.19	7.43	3.73
Non-Current Assets
Property, Plant & Equipment (Net)	53.37	32.80	4.69	5.30	5.30	5.85	1.54	2.19	0.39	0.42
Goodwill	0.78	0.78	0.78	0.78	0.78	0.78	0.78	0.78	0.78	1.91
Intangible Assets	0.00	0.00	0.00	0.04	0.04	0.13	0.22	0.31	0.40	0.56
Other Non-Current Assets	4.24	2.68	0.82	0.88	0.88	0.72	0.29	0.11	0.11	0.11
Total Non-Current Assets	66.31	38.37	6.29	7.00	7.00	7.47	2.82	3.38	1.68	3.00
Total Assets	184.94	96.57	25.60	31.41	31.41	19.28	23.81	17.57	9.11	6.73
Current Liabilities
Accounts Payable	46.36	35.77	14.36	19.96	21.62	5.47	12.55	7.89	0.94	1.41
Short-Term Debt	6.00	0.97	0.69	0.47	-	2.02	0.75	0.65	0.00	0.00
Current Portion of Long-Term Debt	4.01	-	-	-	-	2.02	-	-	-	-
Accrued Liabilities	4.20	15.80	1.95	-	1.66	0.77	0.82	-	-	-
Deferred Revenue	13.93	2.61	3.37	2.08	2.08	2.44	3.96	2.10	2.18	2.49
Other Current Liabilities	6.27	18.20	0.86	0.56	-	0.50	0.47	0.50	1.45	1.43
Total Current Liabilities	72.57	56.92	18.42	24.16	24.16	12.12	18.08	11.60	4.57	5.34
Non-Current Liabilities
Long-Term Debt	35.63	8.20	3.63	4.31	4.31	4.94	2.44	2.98	1.84	1.66
Other Non-Current Liabilities	0.10	0.00	0.00	0.00	-	0.02	0.00	0.00	0.11	0.04
Total Non-Current Liabilities	35.73	32.51	3.63	4.31	4.31	4.96	2.54	3.10	2.06	1.70
Total Liabilities	108.30	89.43	22.05	28.47	28.47	17.08	20.63	14.70	6.63	7.03
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Retained Earnings	-45.21	-60.34	-66.31	-66.39	-66.39	-66.31	-65.02	-65.09	-65.22	-67.66
Treasury Stock	-	6.73	2.25	-	2.21	2.07	-	-	-	-
Additional Paid-in Capital	121.84	74.20	69.86	69.32	71.52	70.58	68.20	67.96	67.70	67.35
Shares Outstanding	27.59	23.11	21.77	-	21.54	18.86	-	-	-	-
Total Stockholders' Equity	76.64	7.14	3.55	2.93	2.93	2.20	3.18	2.87	2.48	-0.31
Total Liabilities & Equity	184.94	96.57	25.60	31.41	31.41	19.28	23.81	17.57	9.11	6.73

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

Frequently Asked Questions About TSS Balance Sheet

How much debt does TSS have?

TSS had total debt of $41.64M as of Dec 31, 2025, against $85.51M in cash and short-term investments. Its debt-to-equity ratio was 0.54. Total debt was $9.17M a year earlier.

What are TSS's total assets?

TSS reported total assets of $184.94M as of Dec 31, 2025, up 91.5% from $96.57M a year earlier. Total liabilities were $108.30M.

What is TSS's shareholders' equity?

TSS's shareholders' equity was $76.64M as of Dec 31, 2025, or about $2.78 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