Westwood Holdings Group (WHG) Balance Sheet: Assets & Liabilities

Westwood Holdings Group (WHG) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Westwood Holdings Group reported total assets of $162.30M and total liabilities of $35.58M. Shareholders' equity was $125.61M, up 4.4% from $120.29M a year earlier. Total debt stood at $10.17M against $47.68M in cash and short-term investments, a net cash position of $37.51M. That puts debt-to-equity at 0.08, compared with 0.03 a year earlier.

Westwood Holdings Group 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 Westwood Holdings Group, Inc. (WHG) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	26.25	18.85	20.42	23.86	15.21	13.02	49.77	52.45	54.25
Short-Term Investments	21.43	27.69	32.67	15.34	65.02	69.54	50.32	65.78	51.32
Cash & Short-Term Investments	47.68	46.54	53.10	39.20	80.23	82.56	100.09	118.23	105.57
Accounts Receivable	16.75	14.75	14.39	13.90	11.15	11.15	14.33	18.43	21.66
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Current Assets	0.00	0.00	0.45	4.65	2.25	2.61	2.54	3.08	10.88
Total Current Assets	64.43	61.29	67.94	58.19	93.86	96.31	116.96	139.74	138.11
Non-Current Assets
Property, Plant & Equipment (Net)	10.21	3.51	5.12	6.80	6.98	9.29	11.71	13.15	4.19
Long-Term Investments	20.00	15.00	11.77	11.03	8.97	11.68	12.39	5.43	0.00
Goodwill	39.50	39.50	39.50	35.73	16.40	16.40	19.80	19.80	27.14
Intangible Assets	18.20	21.67	24.80	28.95	11.91	13.54	15.26	15.96	19.80
Other Non-Current Assets	7.50	6.78	5.31	2.69	1.48	0.46	0.36	0.00	0.00
Total Non-Current Assets	97.87	88.70	87.23	88.24	45.74	52.84	61.75	59.44	54.55
Total Assets	162.30	149.99	155.17	146.43	139.61	149.15	178.71	199.18	192.66
Current Liabilities
Accounts Payable	7.58	6.41	6.13	5.68	2.64	1.63	2.15	2.52	3.50
Short-Term Debt	10.17	3.20	5.84	1.50	1.41	1.72	1.58	1.43	0.00
Accrued Liabilities	13.63	10.92	9.54	8.69	9.53	-	-	-	-
Other Current Liabilities	17.82	13.39	10.62	1.75	2.27	8.26	17.34	22.81	26.43
Total Current Liabilities	35.58	23.00	22.59	17.61	15.84	11.79	21.36	27.13	31.53
Non-Current Liabilities
Long-Term Debt	0.00	0.00	3.27	4.56	4.72	6.12	7.76	9.33	0.00
Deferred Tax Liabilities	0.00	0.00	4.28	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.00	4.66	6.87	13.60	1.13	0.53	1.30	1.58	4.73
Total Non-Current Liabilities	0.00	4.66	10.13	18.17	5.86	6.65	9.07	10.91	4.73
Total Liabilities	35.58	27.66	32.72	35.78	21.70	18.44	30.42	38.03	36.26
Stockholders' Equity
Common Stock	0.12	0.12	0.12	0.12	0.11	0.11	0.10	0.10	0.10
Retained Earnings	8.98	6.21	4.65	-4.25	4.36	-1.70	10.97	30.53	28.61
Accumulated Other Comprehensive Income	0.00	0.00	0.00	0.00	0.00	0.00	-2.94	-4.88	-1.76
Treasury Stock	89.61	88.28	85.99	85.13	81.75	-	-	-	-
Additional Paid-in Capital	116.51	113.96	115.63	199.91	113.44	132.30	140.16	135.41	129.45
Minority Interest	1.11	2.04	2.05	0.00	0.00	0.00	0.00	0.00	0.00
Shares Outstanding	9.39	9.23	9.14	8.88	8.25	-	-	-	-
Total Stockholders' Equity	125.62	120.29	120.40	110.65	117.91	130.71	148.29	161.15	156.40
Total Liabilities & Equity	163.25	149.99	155.17	146.43	139.61	149.15	178.71	199.18	192.66

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

Frequently Asked Questions About Westwood Holdings Group Balance Sheet

How much debt does Westwood Holdings Group have?

Westwood Holdings Group had total debt of $10.17M as of Dec 31, 2025, against $47.68M in cash and short-term investments. Its debt-to-equity ratio was 0.08. Total debt was $3.20M a year earlier.

What are Westwood Holdings Group's total assets?

Westwood Holdings Group reported total assets of $162.30M as of Dec 31, 2025, up 8.2% from $149.99M a year earlier. Total liabilities were $35.58M.

What is Westwood Holdings Group's shareholders' equity?

Westwood Holdings Group's shareholders' equity was $125.61M as of Dec 31, 2025, or about $13.37 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