Culp Inc balance sheet

At the end of fiscal 2026, Culp Inc had total assets of $112m, total liabilities of $63.8m and shareholders' equity of $48.1m. It held $8.3m in cash against $19.1m of debt: net debt of $10.9m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Culp Inc: balance sheet, annual
Fiscal year	2010May 2010	2011May 2011	2012Apr 2012	2013Apr 2013	2014Apr 2014	2015May 2015	2016May 2016	2017Apr 2017	2018Apr 2018	2019Apr 2019	2020May 2020	2021May 2021	2022May 2022	2023Apr 2023	2024Apr 2024	2025Apr 2025	2026May 2026	LTMAug 2026
Cash and equivalents	18	23	25	24	29	30	38	21	21	40	70	37	15	21	10	6	8	10
Receivables	—	20	25	23	27	29	23	25	27	23	25	38	22	25	21	22	20	—
Inventory	—	29	36	38	41	42	47	51	53	48	48	56	67	45	45	49	47	42
Total current assets	—	83	97	101	112	114	115	102	132	123	152	143	107	96	81	84	81	79
Goodwill	11	11	11	11	11	11	11	11	14	14	0	0	0	—	—	—	—	—
Total assets	—	130	145	145	161	171	175	206	218	221	215	214	178	152	132	123	112	108
Accounts payable	—	25	31	22	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Deferred revenue (current)	—	—	—	—	—	—	—	—	1	0	1	1	1	1	1	0	0	0
Total current liabilities	—	36	44	37	39	43	36	46	41	35	40	61	33	44	38	47	45	43
Short-term debt	—	2	2	2	2	—	—	—	—	—	8	—	—	—	—	—	—	—
Long-term debt	—	9	7	4	2	2	0	—	—	—	—	—	—	—	—	—	—	—
Total debt	0	12	10	7	5	2	0	—	—	—	37	—	0	0	0	13	19	20
Total liabilities	—	50	56	49	49	52	46	57	55	56	85	85	58	63	56	66	64	54
Shareholders' equity	63	80	89	96	112	119	129	149	163	160	130	129	120	89	76	58	48	54
Net debt (negative = net cash)	−18	−12	−15	−16	−24	−28	−38	−21	−21	−40	−32	−37	−15	−21	−10	7	11	10
Shares outstanding	—	13m	13m	12m	12m	12m	12m	12m	12m	12m	12m	12m	12m	12m	12m	13m	13m	13m

US$ millions unless shown otherwise. Fiscal quarters.

Culp Inc: balance sheet, quarterly
Quarter	2025 Q2Oct 2024	2025 Q3Jan 2025	2025 Q4Apr 2025	2026 Q1Aug 2025	2026 Q2Nov 2025	2026 Q3Feb 2026	2026 Q4May 2026	2027 Q1Aug 2026
Receivables	1	1	22	5	5	5	20	—
Inventory	45	49	49	50	50	52	47	42
Total current assets	87	85	84	89	90	88	81	79
Total assets	129	128	123	126	125	121	112	108
Deferred revenue (current)	1	1	0	0	1	1	0	0
Total current liabilities	48	51	47	48	51	52	45	43
Total liabilities	65	68	66	69	72	71	64	54
Shareholders' equity	64	60	58	58	54	50	48	54
Shares outstanding	13m	13m	13m	13m	13m	13m	13m	13m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Culp Inc's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Culp Inc.