U.S. Gold (USAU) Balance Sheet: Assets & Liabilities

U.S. Gold (USAU) Balance Sheet

As of Apr 30, 2026 (end of fiscal 2026), U.S. Gold reported total assets of $50.21M and total liabilities of $1.46M. Shareholders' equity was $48.75M, up 320.8% from $11.59M a year earlier. Total debt stood at $96.22K against $30.66M in cash and short-term investments, a net cash position of $30.56M. That puts debt-to-equity at 0.00, compared with 0.00 a year earlier.

U.S. Gold 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 U.S. Gold Corp. (USAU) - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Apr 2026	Apr 2025	Apr 2024	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017
Current Assets
Cash and Cash Equivalents	30.66	8.17	5.57	7.82	9.11	13.65	2.75	2.20	7.65	0.16
Cash & Short-Term Investments	30.66	8.17	5.57	7.82	9.11	13.65	2.75	2.20	7.65	0.16
Accounts Receivable	0.00	0.00	0.00	0.00	0.00	0.00	0.22	0.00	0.00	-0.89
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.95
Other Current Assets	1.54	0.73	0.95	0.61	0.79	0.43	0.21	1.23	0.63	0.40
Total Current Assets	32.20	8.90	6.52	8.43	9.90	14.08	3.18	2.81	8.28	3.36
Non-Current Assets
Property, Plant & Equipment (Net)	16.76	14.84	0.53	0.52	0.41	16.53	6.30	4.25	4.18	0.02
Long-Term Investments	0.00	0.00	1.16	0.86	0.83	0.72	0.36	0.34	-4.18	0.00
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.08
Intangible Assets	14.37	0.00	0.00	0.00	0.00	0.00	0.00	4.18	4.18	0.27
Other Non-Current Assets	1.26	1.13	15.53	15.23	17.19	0.00	0.00	-3.84	0.09	0.03
Total Non-Current Assets	18.02	15.97	16.06	15.75	17.60	17.25	6.65	4.59	4.71	1.41
Total Assets	50.21	24.87	22.58	24.18	27.50	31.32	9.83	7.40	12.99	4.77
Current Liabilities
Accounts Payable	0.50	0.64	0.35	0.35	1.08	0.62	0.15	0.11	0.26	0.04
Short-Term Debt	0.06	0.03	0.06	0.03	0.06	0.00	0.00	0.00	0.00	1.67
Accrued Liabilities	-	0.20	-	-	-	-	-	-	-	-
Deferred Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.07
Other Current Liabilities	0.07	0.21	0.04	0.00	0.00	0.00	0.00	0.05	0.02	-1.60
Total Current Liabilities	0.62	0.88	0.45	0.38	1.14	0.62	0.16	0.16	0.29	2.77
Non-Current Liabilities
Long-Term Debt	0.04	0.00	0.01	0.00	0.01	0.00	0.00	0.00	0.00	0.00
Deferred Tax Liabilities	0.43	0.43	0.43	0.43	0.43	0.00	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.37	11.97	4.66	4.95	3.13	0.20	0.17	0.09	0.00	0.00
Total Non-Current Liabilities	0.84	12.40	4.67	4.95	3.14	0.20	0.17	0.09	0.02	0.04
Total Liabilities	1.46	13.28	5.12	5.33	4.28	0.82	0.33	0.25	0.29	2.81
Stockholders' Equity
Common Stock	0.02	0.01	0.01	0.01	0.01	0.01	0.00	0.02	0.02	0.00
Retained Earnings	-110.62	-93.41	-72.85	-65.95	-58.34	-43.98	-31.59	-26.28	-18.23	-27.63
Accumulated Other Comprehensive Income	0.00	0.00	0.00	0.00	-	-	0.00	-0.01	0.00	-1.09
Additional Paid-in Capital	159.35	104.98	90.30	84.80	81.56	74.47	41.09	33.41	30.91	6.52
Shares Outstanding	16.53	12.69	10.73	9.30	8.35	-	-	-	-	-
Total Stockholders' Equity	48.75	11.59	17.46	18.86	23.23	30.50	9.51	7.15	12.70	1.96
Total Liabilities & Equity	50.21	24.87	22.58	24.18	27.50	31.32	9.83	7.40	12.99	4.77

Source: Company financial statements from annual and quarterly filings. Data as of Jul 31, 2026. Data sources and methodology

Frequently Asked Questions About U.S. Gold Balance Sheet

How much debt does U.S. Gold have?

U.S. Gold had total debt of $96.22K as of Apr 30, 2026, against $30.66M in cash and short-term investments. Its debt-to-equity ratio was 0.00. Total debt was $34.41K a year earlier.

What are U.S. Gold's total assets?

U.S. Gold reported total assets of $50.21M as of Apr 30, 2026, up 101.9% from $24.87M a year earlier. Total liabilities were $1.46M.

What is U.S. Gold's shareholders' equity?

U.S. Gold's shareholders' equity was $48.75M as of Apr 30, 2026, or about $2.95 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