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ADDvantage Technologies Group AEY
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Quarterly report 2023-Q3
added 05-16-2026

ADDvantage Technologies Group Balance Sheet 2022-2008 | AEY

Brief overview of ADDvantage Technologies Group's balance sheet structure

The comparison uses five available annual reports from the 2018–2022 interval.

Assets declined from $44.4 million to $27.2 million, or -38.7%. The contraction calls for context such as disposals, restructuring or weaker operations.

Asset growth of -38.7% came with a +53.7% rise in liabilities. Financial leverage became more prominent.

The equity ratio is 44.3% versus 77.8% five periods ago. Capitalization remains workable.

Cash exceeds interest-bearing debt, producing net debt of -$94 thousand. The balance sheet therefore carries a net cash position.

Cash equals 9.4% of the balance sheet, compared with 7% five periods ago. This is the readily available cushion.

Retained earnings are $9.3 million versus $40 million initially. The direction shows how results contributed to equity.

What the balance sheet shows

The balance sheet gives no single signal for ADDvantage Technologies Group: some indicators are sound, while leverage or capitalization needs attention.

Annual Balance Sheet ADDvantage Technologies Group

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Net Debt

 -94 K 1.39 M -41 K -1.13 M -535 K 2.31 M -142 K -871 K 800 K -6.97 M -3.54 M -694 K - - -

Long Term Debt

 1.25 M 2.05 M 6.95 M - - 6.28 M 4.37 M 5.24 M 6.09 M 1.5 M 1.69 M 10.2 M - - -

Long Term Debt Current

 1.2 M 1.18 M 1.28 M - - - - - - - - - - - -

Total Non Current Liabilities

 - - 6.56 M 178 K 802 K 3.5 M 3.6 M 5.72 M 7.45 M 1.51 M 1.56 M 11.2 M - - -

Total Current Liabilities

 13.3 M 12.8 M 11 M 7.2 M 9.07 M 9.65 M 5.05 M 5.12 M 6.52 M 2.43 M 2.65 M 5.73 M 5.91 M - -

Total Liabilities

 15.2 M 16.1 M 17.6 M 7.38 M 9.87 M 13.1 M 8.64 M 10.6 M 14 M 3.94 M 4.22 M 16.9 M - - -

Deferred Revenue

 148 K 207 K 113 K 97 K - - - - - - - - - - -

Retained Earnings

 9.32 M 8.85 M 17.4 M 34.7 M 40 M 47.3 M 47.4 M 47.1 M 45.6 M 45.7 M 44 M 42.7 M 40.2 M - -

Total Assets

 27.2 M 25.4 M 32.5 M 36.8 M 44.4 M 54.8 M 50.3 M 51.7 M 53.1 M 43.1 M 42 M 52.9 M 52.3 M - -

Cash and Cash Equivalents

 2.55 M 1.84 M 8.26 M 1.24 M 3.13 M 3.97 M 4.51 M 6.11 M 5.29 M 8.48 M 5.23 M 10.9 M 8.74 M 700 K 15.2 K

Book Value

 12 M 9.32 M 14.9 M 29.4 M 34.5 M 41.7 M 41.6 M 41.1 M 39.2 M 39.2 M 37.8 M 36 M 52.3 M - -

Total Shareholders Equity

 12 M 9.32 M 14.9 M 29.4 M 34.5 M 41.7 M 41.6 M 41.1 M 39.4 M 39.2 M 37.8 M 36 M 33 M 28.9 M 26.6 M

All numbers in USD currency

Quarterly Balance Sheet ADDvantage Technologies Group

2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Long Term Debt

 790 K 937 K 1.09 M 1.25 M 1.12 M 1.5 M 1.48 M 1.48 M 988 K 883 K 737 K 737 K 855 K 709 K 590 K 590 K - - - - - - - - 6.28 M - - - 4.37 M - - - 5.24 M - - - 6.09 M - - - 1.5 M - - - 1.69 M - - - - - -

Total Liabilities

 13.7 M 13.5 M 14.3 M 15.2 M 15.5 M 15.5 M 16.1 M 16.1 M 19.4 M 17.1 M 15.8 M 15.8 M 20.2 M 19.4 M 13 M 13 M 10.2 M 11.8 M 7.34 M 7.34 M 8.44 M 9.66 M 9.29 M 9.29 M 13.8 M 13.4 M 14.8 M 14.8 M 9.86 M 9.19 M 10.3 M 10.3 M 10.6 M 10.8 M 10.8 M - 14 M - - - - - - - - - - - - - -

Deferred Revenue

 332 K 349 K 207 K 148 K 287 K 225 K 207 K 207 K 144 K 67 K 126 K 126 K 241 K 260 K 291 K 291 K 97 K 97.5 K 97.5 K - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Retained Earnings

 1.01 M 3.74 M 6.57 M 9.32 M 9.81 M 7.46 M 8.85 M 8.85 M 10.2 M 12.4 M 15.4 M 15.4 M 18.4 M 18.3 M 33 M 33 M 36.3 M 37.8 M 39 M 39 M 44.9 M 46.4 M 46.6 M 46.6 M 47.6 M 47.7 M 47.7 M 47.7 M 47.6 M 47.3 M 47.2 M 47.2 M 46.9 M 46.3 M 46.1 M 46.1 M 45 M 44.9 M 45.8 M 45.8 M 45.3 M 45.1 M 44.8 M 44.8 M 43.6 M 43.1 M 43.2 M 43.2 M 42 M 42.7 M 42.7 M

Total Assets

 18.5 M 21 M 24 M 27.2 M 28 M 23.9 M 25.4 M 25.4 M 29 M 28.6 M 30 M 30 M 36.1 M 33.1 M 40.8 M 40.8 M 41.2 M 44.2 M 40.9 M 40.9 M 47.8 M 50.5 M 50.3 M 50.3 M 55.7 M 55.4 M 56.6 M 56.6 M 51.7 M 50.7 M 51.5 M 50.3 M 53 M 54.3 M 53.1 M 52 M 52.6 M 53.7 M 44.5 M 44.5 M 43 M 43.2 M 42.8 M 42.8 M 41.4 M 41.6 M 51 M 51 M 52.9 M 52.9 M 52.9 M

Cash and Cash Equivalents

 1.63 M 2.83 M 2.56 M 2.55 M 4.92 M 3.93 M 1.84 M 1.84 M 3.6 M 4.95 M 5.4 M 5.4 M 10.4 M 4.16 M 608 K 608 K 2.67 M 1.37 M 2.78 M 2.78 M 2.14 M 886 K 415 K 415 K 3.74 M 3.89 M 4.1 M 4.1 M 5.14 M 4.97 M 6.71 M 6.71 M 4.64 M 4.82 M 6.53 M 6.53 M 3.99 M 4.55 M 7.74 M 7.73 M 8.23 M 7.54 M 7.35 M 7.35 M 3.17 M 2.11 M 12.2 M 12.2 M 12 M 10.9 M 12.2 M

Book Value

 4.79 M 7.45 M 9.7 M 12 M 12.5 M 8.34 M 9.32 M 9.32 M 9.62 M 11.5 M 14.2 M 14.2 M 15.9 M 13.7 M 27.7 M 27.7 M 31 M 32.4 M 33.6 M 33.6 M 39.4 M 40.9 M 41 M 41 M 41.9 M 42 M 41.9 M 41.9 M 41.8 M 41.5 M 41.2 M 40 M 42.5 M 43.5 M 42.3 M 52 M 38.6 M 53.7 M 44.5 M 44.5 M 43 M 43.2 M 42.8 M 42.8 M 41.4 M 41.6 M 51 M 51 M 52.9 M 52.9 M 52.9 M

Total Shareholders Equity

 4.79 M 7.45 M 9.7 M 12 M 12.5 M 8.34 M 9.32 M 9.32 M 9.62 M 11.5 M 14.2 M 14.2 M 15.9 M 13.7 M 27.7 M 27.7 M 31 M 32.4 M 33.6 M 33.6 M 39.4 M 40.9 M 41 M 41 M 41.9 M 42 M 41.9 M 41.9 M 41.8 M 41.5 M 41.2 M 41.2 M 40.9 M 40.2 M 39.9 M 39.9 M 38.8 M 38.5 M 39.4 M 39.4 M 38.8 M 38.6 M 38.6 M 38.6 M 37.4 M 36.9 M 36.5 M 36.5 M 35.2 M 36 M 36 M

All numbers in USD currency

Balance Sheet is a fundamental financial report of ADDvantage Technologies Group, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

Balance sheet of other industry stocks – Computer distribution

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