Ucloudlink Group Inc. balance sheet

At the end of fiscal 2025, Ucloudlink Group Inc. had total assets of $67.8m, total liabilities of $39.0m and shareholders' equity of $28.8m. It held $32.8m in cash against $7.2m of debt: net cash of $25.6m.

Balance sheet

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

Ucloudlink Group Inc.: balance sheet, annual
Fiscal year	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	—	37	22	8	15	23	30	33
Receivables	—	26	7	15	6	6	8	4
Inventory	—	11	6	6	4	2	1	4
Total current assets	—	85	72	49	41	49	56	61
Total assets	—	90	97	67	46	57	65	68
Accounts payable	—	17	9	13	7	5	7	7
Deferred revenue (current)	—	2	1	2	1	1	1	3
Total current liabilities	—	48	41	47	36	39	42	37
Short-term debt	—	7	4	3	3	5	7	0
Long-term debt	—	—	—	—	—	—	—	2
Total debt	—	7	4	3	3	5	7	7
Total liabilities	—	48	41	47	37	41	43	39
Shareholders' equity	17	19	56	20	9	16	22	29
Non-controlling interests and other (assets − liabilities − equity)	—	23	—	—	—	—	—	—
Net debt (negative = net cash)	—	−31	−18	−5	−12	−18	−23	−26
Shares outstanding	23m	23m	—	—	—	—	—	—

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