Kyivstar Group Ltd. balance sheet

At the end of fiscal 2025, Kyivstar Group Ltd. had total assets of $2.12bn and shareholders' equity of $1.30bn. It held $455m in cash against $0 of debt: net cash of $455m.

Balance sheet

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

Kyivstar Group Ltd.: balance sheet, annual
Fiscal year	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	425	674	455
Receivables	—	40	37
Inventory	—	3	3
Total current assets	—	1,208	692
Goodwill	15	14	128
Total assets	—	2,209	2,122
Total current liabilities	—	887	498
Total debt	0	0	0
Shareholders' equity	887	1,080	1,299
Net debt (negative = net cash)	−425	−674	−455

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 Kyivstar Group Ltd.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Kyivstar Group Ltd.