Twin Vee Powercats Co. (VEEE) Balance Sheet: Assets & Liabilities

Twin Vee Powercats Co. (VEEE) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Twin Vee Powercats Co. reported total assets of $16.23M and total liabilities of $2.77M. Shareholders' equity was $13.47M, down 29.9% from $19.22M a year earlier. Total debt stood at $541.54K against $1.43M in cash and short-term investments, a net cash position of $890.03K. That puts debt-to-equity at 0.04, compared with 0.19 a year earlier.

Twin Vee Powercats Co. 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 Twin Vee Powercats Co. (VEEE) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Current Assets
Cash and Cash Equivalents	1.43	7.49	16.50	23.50	6.98	0.89	0.22
Short-Term Investments	0.00	0.00	4.46	1.48	3.00	0.00	0.00
Cash & Short-Term Investments	1.43	7.49	20.96	24.98	9.97	0.89	0.22
Accounts Receivable	0.53	0.00	0.08	0.01	0.01	0.01	0.00
Inventory	2.49	2.52	4.88	4.01	1.80	0.94	0.70
Other Current Assets	0.44	0.41	0.72	0.88	0.90	0.00	0.01
Total Current Assets	4.90	10.42	26.65	29.89	13.07	1.83	0.93
Non-Current Assets
Property, Plant & Equipment (Net)	8.34	15.43	13.15	6.87	4.43	2.64	1.33
Long-Term Investments	2.97	0.00	0.00	1.45	3.07	0.00	0.00
Other Non-Current Assets	0.03	0.04	0.05	0.03	0.03	0.03	0.00
Total Non-Current Assets	11.34	15.47	13.20	8.34	7.53	2.67	1.33
Total Assets	16.23	25.89	39.85	38.23	20.60	4.50	2.26
Current Liabilities
Accounts Payable	1.11	2.22	2.40	2.07	1.20	0.80	0.86
Short-Term Debt	0.02	0.66	0.70	0.48	0.37	0.32	0.45
Current Portion of Long-Term Debt	-	-	-	-	-	0.03	-
Accrued Liabilities	0.71	0.79	0.88	1.24	0.38	0.14	-
Deferred Revenue	0.40	0.08	0.04	0.01	0.01	0.01	0.07
Other Current Liabilities	0.71	0.79	1.08	1.24	0.12	0.31	0.24
Total Current Liabilities	2.24	3.75	4.22	3.79	2.16	1.44	1.62
Non-Current Liabilities
Long-Term Debt	0.52	2.92	3.58	1.42	0.50	1.52	0.53
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Non-Current Liabilities	0.52	2.92	3.58	1.42	1.74	1.52	0.53
Total Liabilities	2.77	6.67	7.80	5.21	3.90	2.96	2.14
Stockholders' Equity
Common Stock	0.00	0.01	0.01	0.01	0.01	0.00	0.00
Retained Earnings	-34.00	-25.39	-14.35	-7.15	-2.02	-1.01	-2.18
Additional Paid-in Capital	47.47	44.59	37.85	35.58	18.71	2.55	2.29
Minority Interest	0.00	0.00	8.54	4.59	0.00	0.00	0.00
Shares Outstanding	0.06	0.04	0.03	0.03	0.70	-	-
Total Stockholders' Equity	13.47	19.22	23.51	28.44	16.70	1.55	0.12
Total Liabilities & Equity	16.23	25.89	39.85	38.23	20.60	4.50	2.26

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

Frequently Asked Questions About Twin Vee Powercats Co. Balance Sheet

How much debt does Twin Vee Powercats Co. have?

Twin Vee Powercats Co. had total debt of $541.54K as of Dec 31, 2025, against $1.43M in cash and short-term investments. Its debt-to-equity ratio was 0.04. Total debt was $3.58M a year earlier.

What are Twin Vee Powercats Co.'s total assets?

Twin Vee Powercats Co. reported total assets of $16.23M as of Dec 31, 2025, down 37.3% from $25.89M a year earlier. Total liabilities were $2.77M.

What is Twin Vee Powercats Co.'s shareholders' equity?

Twin Vee Powercats Co.'s shareholders' equity was $13.47M as of Dec 31, 2025, or about $222.73 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