Ebang International Holdings Inc. balance sheet
At the end of fiscal 2025, Ebang International Holdings Inc. had total assets of $257m, total liabilities of $11.7m and shareholders' equity of $244m. It held $200m in cash against $0 of debt: net cash of $200m.
Balance sheet
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 19 | 3 | 14 | 240 | 251 | 242 | 214 | 200 |
| Receivables | — | 8 | 7 | 10 | 3 | 1 | 2 | 1 |
| Inventory | — | 13 | 4 | 7 | 0 | 0 | 1 | 4 |
| Total current assets | — | 29 | 69 | 299 | 269 | 250 | 231 | 216 |
| Goodwill | — | — | — | — | 2 | — | 1 | — |
| Total assets | — | 83 | 144 | 386 | 344 | 298 | 276 | 257 |
| Accounts payable | — | 12 | 3 | 3 | 1 | 0 | 0 | 0 |
| Deferred revenue (current) | — | — | — | 0 | 1 | 0 | 0 | — |
| Total current liabilities | — | 39 | 34 | 15 | 15 | 12 | 12 | 8 |
| Long-term debt | — | — | 1 | 2 | 6 | — | — | — |
| Total debt | 0 | 0 | 1 | 2 | 6 | — | 0 | 0 |
| Total liabilities | — | 57 | 34 | 17 | 22 | 17 | 15 | 12 |
| Shareholders' equity | 68 | 26 | 110 | 369 | 319 | 280 | 260 | 244 |
| Net debt (negative = net cash) | −19 | −3 | −13 | −238 | −246 | −242 | −214 | −200 |
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