Akso Health Group balance sheet AHG

Annual Quarterly

As of Mar 31, 2026, Akso Health Group had total assets of $189.6 million and total liabilities of $8.7 million. Total assets were down 11.8% from a year earlier. Stockholders' equity was $180.9 million. It held $170,572 in cash and investments against $25,132 of total debt, net cash of $145,440. The current ratio, current assets divided by current liabilities, was 21.77.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line	FY 2026 Mar 31, 2026	FY 2025 Mar 31, 2025	FY 2024 Mar 31, 2024	FY 2023 Mar 31, 2023	FY 2022 Mar 31, 2022	FY 2021 Mar 31, 2021	FY 2020 Mar 31, 2020	FY 2019 Mar 31, 2019	FY 2018 Mar 31, 2018
Assets
Cash	0 -99.9%	176 +106.9%	85 +974.8%	8 -57.0%	18 +21.8%	15 +126.9%	7 -88.4%	57 -56.7%	133
Cash and investments	0 -99.9%	176 +106.9%	85 +974.8%	8 -57.0%	18 +21.8%	15 +126.9%	7 -88.4%	57 -56.7%	133
Receivables	1 +34.3%	1 -87.6%	—	8	—	—	—	0	—
Inventory	0 +5.2%	0 -0.5%	0 -88.7%	2 -78.4%	8	—	—	—	—
Total current assets	190 -3.4%	196 +38.1%	142 +594.1%	20 -67.4%	63 +108.5%	30 -42.1%	52 -46.7%	98	—
Property and equipment, net	0 -25.6%	0	—	—	0 -17.1%	0 -27.9%	0 -92.6%	1 +63.4%	1
Goodwill	—	11	—	—	—	—	—	—	—
Total assets	190 -11.8%	215 +51.4%	142 +594.1%	20 -67.4%	63 +98.2%	32 -60.6%	80 -53.6%	173 +5.7%	164
Liabilities and equity
Total current liabilities	9 -37.0%	14 +284.3%	4 -69.1%	12 -77.0%	51 +250.5%	14 +16.6%	12 -53.5%	27	—
Total liabilities	9 -44.9%	16 +339.7%	4 -69.1%	12 -77.0%	51 +250.5%	14 -55.5%	32 -30.8%	47 +96.1%	24
Stockholders' equity	181 -9.1%	199 +43.9%	138 +1485.8%	9 -29.0%	12 -28.9%	17 -64.1%	48 -62.0%	127 -9.7%	140
Debt
Lease liabilities	0 -69.3%	0	—	—	—	0 -100.0%	1	—	—
Total debt	0 -69.3%	0	—	—	—	0 -100.0%	1	—	—
Net cash	0 -99.9%	176	—	—	—	15 +157.4%	6	—	—
Ratios
Current ratio	21.77x	14.20x	39.52x	1.76x	1.24x	2.09x	4.21x	3.68x	—
Debt to equity	0.00x	0.00x	—	—	—	0.00x	0.02x	—	—
Return on equity	-10.32%	-67.79%	-6.84%	-15.59%	-137.18%	-201.64%	-148.02%	4.37%	46.76%
Return on assets	-9.85%	-62.79%	-6.66%	-6.65%	-26.83%	-109.91%	-88.47%	3.19%	39.95%
Book value per share	—	0.12	0.32	0.13	0.18	0.35	0.99	2.57	2.92

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry: Services-Business Services, NEC (SIC 7389)
Listed as: AHG (Nasdaq)
Fiscal year ends: March 31
Incorporated in: Cayman Islands
Headquarters: Qingdao Pilot Free Trade Zone, China
SEC filer status: Large accelerated filer
SEC CIK: 1702318
Former names: Xiaobai Maimai Inc. (until Dec 17, 2021); Hexindai Inc. (until Dec 21, 2020)

Other Services-Business Services, NEC companies

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.