Turbo Energy reported total assets of $28.41M and total liabilities of $26.55M for the quarter ended Dec 2025, up 73.4% year over year. This balance sheet covers 7 quarters of results from Dec 2022 through Dec 2025, standardized by Business Quant from the company’s SEC filings.
| Balance Sheet | Dec2022 | Jun2023 | Dec2023 | Jun2024 | Dec2024 | Jun2025 | Dec2025 |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Current Assets | |||||||
| Cash & EquivalentsCash & Equiv. | 0.51M | 0.54M | 0.67M | 0.53M | 2.55M | 1.54M | 0.57M |
| Short-term InvestmentsInvestments (Current) | 0.05M | 0.05M | 0.05M | ||||
| Cash & Current Investments | 0.51M | 0.54M | 0.72M | 0.58M | 2.60M | 1.54M | 0.57M |
| Receivables - NetNet Receivables | 3.20M | 1.88M | 2.39M | 1.36M | 3.13M | 1.12M | 2.03M |
| Receivables - OtherOther Receivables | -0.06M | 0.09M | -1.41M | 1.53M | 0.04M | 0.58M | 0.04M |
| Receivables | 3.14M | 1.97M | 0.98M | 2.89M | 3.17M | 1.70M | 2.07M |
| Inventory | 10.31M | 9.52M | 6.01M | 2.88M | 2.09M | 2.93M | 4.01M |
| Prepaid Assets | 0.75M | 1.00M | 1.13M | 1.34M | 1.09M | 1.81M | 4.24M |
| Current Assets | 14.92M | 13.48M | 14.12M | 7.98M | 9.17M | 8.05M | 23.05M |
| Non-Current Assets | |||||||
| Property, Plant & Equipment (Net)PP&E (Net) | 0.15M | 0.17M | 0.17M | 0.17M | 0.29M | 0.31M | 0.25M |
| Long-Term Investments | 2.20M | 1.67M | 0.06M | 0.06M | 0.04M | ||
| Intangibles | 0.38M | 0.61M | 0.90M | 1.34M | 1.83M | ||
| Goodwill & Intangibles | 0.38M | 0.61M | 0.90M | 1.34M | 1.83M | 2.39M | 2.45M |
| Long-Term Deferred Tax | 0.45M | 1.14M | 1.14M | 2.18M | 2.31M | 2.65M | |
| Non-Current Assets | 0.63M | 0.86M | 2.27M | 2.71M | 4.34M | 5.06M | 5.37M |
| Assets | 15.54M | 14.33M | 16.38M | 10.69M | 13.51M | 13.10M | 28.41M |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payables | 2.71M | 2.43M | 2.20M | 2.21M | 3.11M | 2.46M | 14.72M |
| Notes Payables | 0.24M | 4.14M | 4.14M | 0.04M | 1.91M | 1.13M | 3.41M |
| Payables | 2.95M | 6.57M | 6.34M | 2.26M | 5.03M | 3.59M | 18.13M |
| Accumulated Expenses | 2.43M | 2.20M | 2.21M | 0.02M | 0.04M | 0.41M | |
| Short term Debt | 8.17M | 3.96M | 4.19M | 3.02M | 4.67M | 5.16M | 5.25M |
| Current Leases | 0.06M | 0.06M | 0.04M | 0.06M | 0.10M | 0.29M | 0.29M |
| Total Current Liabilities | 11.18M | 10.59M | 10.57M | 5.34M | 9.84M | 9.15M | 24.11M |
| Non-Current Liabilities | |||||||
| Non-Current Deferred Tax LiabilityNon-Current Deferred Tax | 0.04M | 0.04M | 0.04M | 0.04M | 0.04M | ||
| Operating Leases | 0.04M | 0.02M | 0.02M | 0.01M | 0.00M | 0.02M | 0.01M |
| Total Liabilities | 11.55M | 10.83M | 10.73M | 8.08M | 10.71M | 11.64M | 26.55M |
| Shareholder's Equity | |||||||
| Total Debt | 8.41M | 8.10M | 8.33M | 3.06M | 6.58M | 6.29M | 8.66M |
| Common Equity | 4.00M | 3.51M | 5.66M | 2.62M | 2.80M | 1.46M | 1.86M |
| Liabilities and Shareholders Equity | 15.54M | 14.33M | 16.38M | 10.69M | 13.51M | 13.10M | 28.41M |
| Retained Earnings | 1.05M | -0.76M | -2.17M | -5.25M | -5.72M | -7.64M | -7.57M |