MarketCap
Facebook
X
Telegram
Rezolute Balance Sheet 2025-2010 | RZLT
Brief balance sheet overview of Rezolute
The review uses the five latest available annual reports between 2021 and 2025.
Assets reached $175.5 million, compared with $42.6 million at the beginning. Growth of +311.9% and CAGR near 42.5% show active expansion.
Growth in the asset base was not matched by liabilities: +311.9% versus -19.1%. The balance sheet moved in a more conservative direction.
The equity ratio reached 92.4% from 61.3%. A high capital share reduces dependence on liabilities.
Net debt moved below zero to -$92.5 million, reflecting surplus cash over debt.
Cash represents 53.6% of assets versus 96.3% initially, showing how the immediate liquidity reserve changed.
The accumulated result is -$403.9 million and remains below zero. The number alone does not explain whether losses, dividends or repurchases were the main cause.
Conclusion
Rezolute shows a high-quality balance sheet profile, with adequate internal capital and room for maneuver.
Annual Balance Sheet Rezolute
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
-92.5 M | -68.2 M | -13.6 M | -150 M | -26.8 M | -9.54 M | -11.6 M | 1.79 M | -4.48 M | -3.98 M | -5.1 M | -5.87 M | 3.73 M | -5.13 K | - | - |
Long Term Debt |
983 K | 1.66 M | 1.94 M | 80 K | 14 M | - | - | - | - | - | - | - | - | - | - | - |
Long Term Debt Current |
632 K | 568 K | 541 K | 108 K | 265 K | 245 K | 227 K | - | - | - | - | - | - | - | - | - |
Total Non Current Liabilities |
- | - | - | - | - | 374 K | 2.12 M | 216 K | 330 K | 400 K | 504 K | 33.9 K | - | - | - | - |
Total Current Liabilities |
11.9 M | 9.61 M | 5.2 M | 2.46 M | 1.97 M | 3.23 M | 8.38 M | 6.25 M | 1.77 M | 1.73 M | 1.71 M | 964 K | 5.27 M | 10.5 K | - | - |
Total Liabilities |
13.4 M | 11.7 M | 7.55 M | 2.95 M | 16.5 M | 3.6 M | 10.5 M | 6.46 M | 2.1 M | 2.13 M | 2.21 M | 998 K | 5.27 M | 10.5 K | - | - |
Retained Earnings |
-404 M | -329 M | -261 M | -209 M | -168 M | -147 M | -127 M | -94.2 M | -64.3 M | -44 M | -29.1 M | -17.7 M | -8.02 M | -91.2 K | - | - |
Total Assets |
175 M | 133 M | 124 M | 152 M | 42.6 M | 11 M | 12.3 M | 2.5 M | 10.6 M | 10.9 M | 11.3 M | 7.4 M | 1.1 M | 5.13 K | - | - |
Cash and Cash Equivalents |
94.1 M | 70.4 M | 16 M | 150 M | 41 M | 9.96 M | 11.6 M | 1.65 M | 4.49 M | 4.06 M | 5.28 M | 5.93 M | 527 | 5.13 K | - | 478 |
Book Value |
162 M | 121 M | 116 M | 149 M | 26.1 M | 7.36 M | 1.75 M | -3.96 M | 8.53 M | 8.77 M | 9.05 M | 6.41 M | -4.16 M | -5.41 K | - | - |
Total Shareholders Equity |
162 M | 121 M | 116 M | 149 M | 26.1 M | 7.36 M | 1.75 M | -3.96 M | 8.53 M | 8.77 M | 9.05 M | 6.41 M | -4.16 M | -1.29 M | 25.4 K | -300 K |
All numbers in USD currency
Quarterly Balance Sheet Rezolute
| 2026-Q3 | 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 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 |
438 K | 619 K | 804 K | 619 K | 804 K | 983 K | 1.16 M | 1.33 M | 1.5 M | 1.66 M | 1.82 M | 1.98 M | 1.81 M | 1.94 M | 2.06 M | 2.2 M | 49 K | 80 K | 14.3 M | 14.2 M | 14.1 M | 14 M | 14 M | 281 K | 104 K | - | 165 K | 287 K | 346 K | - | - | 5.01 M | - | 3.42 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Non Current Liabilities |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.12 M | - | - | 173 K | 216 K | 237 K | 269 K | 299 K | 330 K | 330 K | 336 K | 368 K | 400 K | 400 K | 461 K | 454 K | 504 K | 504 K | 535 K | 355 K | 33.9 K | 33.9 K | - | - | - | - | - | - | - | - | 55 K | - | - | - |
Total Liabilities |
8.62 M | 10.6 M | 11.5 M | 10.6 M | 11.5 M | 13.4 M | 12.2 M | 12.4 M | 9.97 M | 11.7 M | 16.9 M | 10.4 M | 9.44 M | 7.55 M | 6.89 M | 8.94 M | 2.9 M | 2.95 M | 17.7 M | 21.1 M | 17.2 M | 16.5 M | 16.5 M | 3.02 M | 3.03 M | 3.6 M | 3.6 M | 5.88 M | 5.95 M | 10.5 M | 10.5 M | 10.2 M | 7.51 M | 6.46 M | 6.46 M | 2.52 M | 1.99 M | 2.1 M | 2.1 M | 2.01 M | 1.85 M | 2.13 M | 2.13 M | 2.95 M | 2.41 M | 2.21 M | 2.21 M | 2.91 M | 1.25 M | 998 K | 998 K | - | - | 5.27 M | - | - | - | 2.36 M | - | 1.46 M | - | - | - |
Retained Earnings |
-461 M | -445 M | -422 M | -445 M | -422 M | -404 M | -379 M | -361 M | -345 M | -329 M | -306 M | -289 M | -276 M | -261 M | -248 M | -233 M | -219 M | -209 M | -200 M | -189 M | -176 M | -168 M | -168 M | -158 M | -151 M | -147 M | -147 M | -139 M | -132 M | -127 M | -127 M | -102 M | -97.5 M | -94.2 M | -94.2 M | -76.7 M | -71 M | -64.3 M | -64.3 M | -52.7 M | -47.9 M | -44 M | -44 M | -36.5 M | -32.4 M | -29.1 M | -29.1 M | -22.9 M | -17.7 M | -17.7 M | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Assets |
125 M | 139 M | 159 M | 139 M | 159 M | 175 M | 94.7 M | 112 M | 123 M | 133 M | 87.7 M | 102 M | 113 M | 124 M | 134 M | 150 M | 156 M | 152 M | 69.6 M | 83.4 M | 38.8 M | 42.6 M | 42.6 M | 38.9 M | 7.41 M | 11 M | 11 M | 20.6 M | 26.6 M | 12.3 M | 12.3 M | 456 K | 1.07 M | 2.5 M | 2.5 M | 6.32 M | 9.8 M | 10.6 M | 10.6 M | 9.94 M | 10.1 M | 10.9 M | 10.9 M | 8.53 M | 9.17 M | 11.3 M | 11.3 M | 10.7 M | 6.27 M | 7.4 M | 7.4 M | 2.15 M | 864 K | 1.1 M | 1.1 M | - | 480 | 1.07 M | 8.89 K | 566 K | 23.5 K | 15.8 K | 23.5 K |
Cash and Cash Equivalents |
11.2 M | 11.9 M | 9.1 M | 11.9 M | 9.1 M | 94.1 M | 14.6 M | 8.93 M | 10.5 M | 70.4 M | 5.93 M | 12.5 M | 8.06 M | 16 M | 33.7 M | 147 M | 154 M | 150 M | 63.4 M | 82.4 M | 37.3 M | 41 M | 41 M | 37.6 M | 6.4 M | 77.4 M | 9.96 M | 18.2 M | 22.1 M | 18.2 M | 22.1 M | 258 K | 401 K | 1.65 M | 1.65 M | 868 K | 4.02 M | 868 K | 4.02 M | 3.57 M | 3.37 M | 3.57 M | 3.37 M | 1.71 M | 2.35 M | 1.71 M | 2.35 M | 8.59 M | 4.3 M | 8.59 M | 4.3 M | 1.14 M | 744 | 1.14 M | 744 | 328 K | 292 K | 5.13 K | 55.9 K | 646 | 23.5 K | 15.8 K | 23.5 K |
Book Value |
117 M | 128 M | 147 M | 128 M | 147 M | 162 M | 82.6 M | 99.6 M | 113 M | 121 M | 70.9 M | 91.7 M | 104 M | 116 M | 127 M | 141 M | 153 M | 149 M | 51.9 M | 62.3 M | 21.6 M | 26.1 M | 26.1 M | 35.9 M | 4.38 M | 7.36 M | 7.36 M | 14.7 M | 20.6 M | 1.75 M | 1.75 M | -9.79 M | -6.44 M | -3.96 M | -3.96 M | 3.8 M | 7.81 M | 8.53 M | 8.53 M | 7.93 M | 8.2 M | 8.77 M | 8.77 M | 5.58 M | 6.76 M | 9.05 M | 9.05 M | 7.82 M | 5.02 M | 6.41 M | 6.41 M | 2.15 M | 864 K | -4.16 M | 1.1 M | - | 480 | -1.29 M | 8.89 K | -891 K | 23.5 K | 15.8 K | 23.5 K |
Total Shareholders Equity |
117 M | 128 M | 147 M | 128 M | 147 M | 162 M | 82.6 M | 99.6 M | 113 M | 121 M | 70.9 M | 91.7 M | 104 M | 116 M | 127 M | 141 M | 153 M | 149 M | 51.9 M | 62.3 M | 21.6 M | 26.1 M | 21.6 M | 35.9 M | 35.9 M | 35.9 M | 4.38 M | 14.7 M | 14.7 M | 14.7 M | 20.6 M | -9.79 M | -9.79 M | -9.79 M | -6.44 M | 3.8 M | 7.81 M | 3.8 M | 7.81 M | 7.93 M | 8.2 M | 8.77 M | 8.77 M | 3.78 M | 6.76 M | 9.05 M | 9.05 M | 7.82 M | 5.02 M | 6.41 M | 6.41 M | -4.4 M | -4.82 M | -4.16 M | -4.16 M | -24.5 K | -15.2 K | -1.29 M | 36 | -891 K | 18 K | 9.98 K | 18 K |
All numbers in USD currency
Balance Sheet is a fundamental financial report of Rezolute, 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.
Canada
China
USA
France
Singapore
Britain
Germany
Israel
Russia
Belgium
Irlanda
