Deswell Industries Inc balance sheet

At the end of fiscal 2026, Deswell Industries Inc had total assets of $130m, total liabilities of $20.6m and shareholders' equity of $109m. It held $23.1m in cash against $0 of debt: net cash of $23.1m.

Balance sheet

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

Deswell Industries Inc: balance sheet, annual
Fiscal year	2010Mar 2010	2011Mar 2011	2012Mar 2012	2013Mar 2013	2014Mar 2014	2015Mar 2015	2016Mar 2016	2017Mar 2017	2018Mar 2018	2019Mar 2019	2020Mar 2020	2021Mar 2021	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Cash and equivalents	35	36	33	32	23	14	12	8	15	14	23	20	13	22	16	28	23
Receivables	—	17	12	8	8	10	9	13	16	16	12	15	18	16	12	10	11
Inventory	—	20	16	11	11	11	8	11	13	13	9	16	24	17	12	9	12
Total current assets	—	76	75	69	62	58	51	56	69	70	65	79	88	81	83	96	107
Goodwill	—	0	0	0	0	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	—	127	122	113	101	96	88	91	100	100	95	108	115	110	111	120	130
Accounts payable	—	7	6	3	3	3	2	5	9	6	5	10	10	7	5	6	7
Total current liabilities	—	16	14	11	11	12	11	15	19	16	14	21	24	20	16	18	20
Total debt	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total liabilities	—	—	—	—	—	—	—	14	18	16	15	22	25	21	17	18	21
Shareholders' equity	121	111	108	102	90	84	77	76	81	84	80	86	91	90	94	102	109
Net debt (negative = net cash)	−35	−36	−33	−32	−23	−14	−12	−8	−15	−14	−23	−20	−13	−22	−16	−28	−23
Shares outstanding	—	16m	16m	16m	16m	16m	16m	16m	16m	16m	16m	16m	16m	16m	16m	16m	16m

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.

Compare with peers

Head to head: DSWL vs NSYS DSWL vs KTCC DSWL vs KE

More: Electronic Manufacturing Services stocks compared, Technology sector, rankings of US companies

Figures from Deswell Industries Inc's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Deswell Industries Inc.