Taoping Inc. balance sheet

At the end of fiscal 2025, Taoping Inc. had total assets of $39.4m, total liabilities of $19.9m and shareholders' equity of $19.5m. It held $2.1m in cash against $15.8m of debt.

Balance sheet

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

Taoping Inc.: balance sheet, annual
Fiscal year	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	18	14	11	11	11	4	4	3	2	2	1	5	1	1	2	2
Receivables	—	103	86	23	7	3	3	5	8	5	4	7	9	—	—	—
Inventory	—	22	17	16	4	2	1	1	1	0	0	1	0	1	6	1
Total current assets	—	170	144	81	84	34	16	22	29	19	12	32	19	25	29	26
Goodwill	—	54	28	28	12	5	0	—	—	—	—	—	0	—	—	7
Total assets	—	362	287	189	179	66	34	38	42	41	31	47	29	33	35	39
Accounts payable	—	19	20	18	9	7	6	7	12	13	15	8	2	—	—	—
Deferred revenue (current)	—	—	—	—	—	—	—	—	—	0	0	0	1	—	—	—
Total current liabilities	—	108	122	128	140	36	21	23	24	26	30	28	20	20	13	14
Short-term debt	—	—	—	—	—	—	—	8	6	7	6	8	7	9	2	6
Long-term debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—	6	6
Total debt	0	27	34	27	24	1	0	16	12	13	12	16	14	17	8	16
Total liabilities	—	109	123	129	141	36	21	23	24	—	30	28	20	20	19	20
Shareholders' equity	226	231	143	37	20	21	4	5	8	5	−8	19	10	13	16	20
Non-controlling interests and other (assets − liabilities − equity)	—	22	21	23	19	10	9	9	9	—	9	—	—	—	—	—
Shares outstanding	—	—	—	—	—	39m	—	—	—	—	—	—	—	—	—	—

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