Top KingWin (WAI) Balance Sheet: Assets & Liabilities

Top KingWin (WAI) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Top KingWin reported total assets of $4.77M and total liabilities of $428.28K. Shareholders' equity was $4.34M, down 87.8% from $35.70M a year earlier. Total debt stood at $0.00 against $1.87M in cash and short-term investments, a net cash position of $1.87M. That puts debt-to-equity at 0.00, compared with 0.06 a year earlier.

Top KingWin 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 Top KingWin Ltd (WAI) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Current Assets
Cash and Cash Equivalents	1.87	2.81	4.59	2.65	3.82	0.17
Cash & Short-Term Investments	1.87	2.81	4.59	2.65	3.82	0.17
Accounts Receivable	0.13	0.52	0.53	0.10	0.92	0.73
Inventory	0.00	0.00	0.00	0.00	0.00	0.00
Other Current Assets	2.75	0.02	1.49	0.01	0.10	0.10
Total Current Assets	4.76	40.75	6.61	2.86	4.96	1.00
Non-Current Assets
Property, Plant & Equipment (Net)	0.00	0.76	0.60	0.77	0.90	0.76
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00
Goodwill	0.00	0.00	2.97	0.00	0.00	0.00
Intangible Assets	0.01	0.06	0.04	0.03	0.02	0.00
Other Non-Current Assets	0.00	0.06	0.01	0.04	0.04	0.03
Total Non-Current Assets	0.01	0.82	3.62	2.23	0.92	0.79
Total Assets	4.77	41.58	10.24	5.09	5.88	1.79
Current Liabilities
Accounts Payable	0.12	0.58	0.53	0.26	0.84	0.27
Short-Term Debt	0.00	2.03	0.22	0.19	0.15	0.11
Accrued Liabilities	0.96	1.21	0.93	0.62	0.00	0.13
Deferred Revenue	0.06	0.49	0.63	0.19	0.59	0.21
Other Current Liabilities	0.25	0.22	1.23	1.87	0.09	0.05
Total Current Liabilities	0.43	5.59	2.67	2.89	2.59	0.81
Non-Current Liabilities
Long-Term Debt	0.00	0.28	0.16	0.37	0.49	0.54
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00	0.00
Total Non-Current Liabilities	0.00	0.28	0.16	0.37	0.49	0.54
Total Liabilities	0.43	5.88	2.83	3.27	3.08	1.35
Stockholders' Equity
Common Stock	0.02	0.02	0.00	0.00	0.00	0.00
Retained Earnings	-4.81	-9.61	-0.93	1.56	2.34	0.31
Accumulated Other Comprehensive Income	0.01	0.01	0.06	0.14	0.35	0.03
Additional Paid-in Capital	9.13	45.28	8.28	0.11	0.11	0.11
Shares Outstanding	2.36	0.29	0.02	0.02	0.02	-
Total Stockholders' Equity	4.34	35.70	7.40	1.82	2.80	0.45
Total Liabilities & Equity	4.77	41.58	10.24	5.09	5.88	1.79

Source: Company financial statements from annual and quarterly filings. Data as of Dec 31, 2025. Data sources and methodology

Frequently Asked Questions About Top KingWin Balance Sheet

How much debt does Top KingWin have?

Top KingWin had total debt of $0.00 as of Dec 31, 2025, against $1.87M in cash and short-term investments. Its debt-to-equity ratio was 0.00. Total debt was $2.31M a year earlier.

What are Top KingWin's total assets?

Top KingWin reported total assets of $4.77M as of Dec 31, 2025, down 88.5% from $41.58M a year earlier. Total liabilities were $428.28K.

What is Top KingWin's shareholders' equity?

Top KingWin's shareholders' equity was $4.34M as of Dec 31, 2025, or about $1.84 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