Paranovus Entertainment Technology Ltd. balance sheet
At the end of fiscal 2026, Paranovus Entertainment Technology Ltd. had total assets of $36.9m, total liabilities of $3.9m and shareholders' equity of $31.2m. It held $10.3m in cash against $0 of debt: net cash of $10.3m.
Balance sheet
| Fiscal year | 2018Mar 2018 | 2019Mar 2019 | 2020Mar 2020 | 2021Mar 2021 | 2022Mar 2022 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 9 | 15 | 34 | 37 | 20 | 3 | 0 | 0 | 10 |
| Receivables | 33 | 32 | 30 | 35 | 27 | 0 | 0 | 0 | 0 |
| Inventory | 2 | 2 | 2 | 2 | 1 | 0 | 0 | 1 | 0 |
| Total current assets | 44 | 55 | 70 | 95 | 57 | 10 | 3 | 7 | 20 |
| Goodwill | — | — | — | 0 | 10 | 5 | 3 | 18 | 11 |
| Total assets | 53 | 66 | 85 | 113 | 97 | 36 | 8 | 36 | 37 |
| Accounts payable | 5 | 2 | 2 | 9 | 12 | 13 | 0 | 2 | 1 |
| Total current liabilities | — | — | — | 15 | 18 | 21 | 3 | 6 | 2 |
| Short-term debt | 1 | 1 | 2 | 2 | 2 | 2 | — | — | — |
| Total debt | 1 | 1 | 2 | 2 | 2 | 2 | 0 | 0 | 0 |
| Total liabilities | 9 | 5 | 6 | 15 | 20 | 22 | 3 | 7 | 4 |
| Shareholders' equity | 45 | 61 | 80 | 95 | 78 | 15 | 6 | 24 | 31 |
| Non-controlling interests and other (assets − liabilities − equity) | — | — | — | 3 | — | −1 | −0 | 5 | 2 |
| Net debt (negative = net cash) | −7 | −14 | −32 | −34 | −17 | −1 | −0 | −0 | −10 |
| Shares outstanding | 23m | 23m | 25m | — | — | — | — | — | — |
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