TROOPS, Inc. balance sheet TROO

Annual Quarterly

As of Dec 31, 2025, TROOPS, Inc. had total assets of $69.1 million and total liabilities of $20.0 million. Total assets were down 12.8% from a year earlier. Stockholders' equity was $49.0 million. It held $4.0 million in cash and investments against $4,000 of total debt, net cash of $4.0 million. The current ratio, current assets divided by current liabilities, was 0.92.

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

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
FY 2016
Dec 31, 2016
Assets
Cash
4
-22.3%
5
+66.2%
3
+5.5%
3
-15.2%
3
+14.9%
3
-40.9%
5
-64.2%
14
+201.6%
5
+16286.2%
0
-91.6%
Cash and investments
4
-22.3%
5
+66.2%
3
+5.5%
3
-15.2%
3
+14.9%
3
-40.9%
5
-64.2%
14
+201.6%
5
+16286.2%
0
-91.6%
Receivables
0
-59.9%
1
+56700.0%
0
-75.0%
—
0
+0.0%
0
-33.3%
0
+0.0%
0
-89.9%
—
0
-47.8%
Total current assets
15
-21.9%
20
+83.3%
11
-7.5%
12
+85.9%
6
-75.8%
26
-44.7%
46
-39.4%
77
+1241.3%
6
-13.6%
7
+459.4%
Property and equipment, net
29
-34.5%
45
-4.0%
47
-3.9%
49
-3.8%
51
-3.0%
52
-5.3%
55
-5.5%
58
+11312.7%
1
+10120.0%
0
-37.5%
Goodwill
12
+0.0%
12
+3107.3%
0
+0.0%
0
+0.0%
0
-92.5%
5
-91.5%
—
0
-99.2%
31
-14.7%
37
Total assets
69
-12.8%
79
+12.6%
70
+0.9%
70
-0.9%
70
-22.0%
90
-35.5%
140
-26.8%
191
+93.8%
98
-1.8%
100
+15.4%
Liabilities and equity
Accounts payable
1
-25.0%
2
—
—
—
0
-100.0%
0
0
-100.0%
0
+5.9%
0
+382.6%
Total current liabilities
17
+180.6%
6
+25.3%
5
+116.2%
2
-0.2%
2
-70.6%
7
+14.7%
6
-35.3%
10
+196.4%
3
-53.4%
7
Total liabilities
20
+83.3%
11
+12.0%
10
+30.5%
7
-4.3%
8
-59.9%
20
-2.3%
20
-12.0%
23
+54.9%
15
+7.7%
14
+50.3%
Stockholders' equity
49
-28.2%
68
+12.7%
61
-2.6%
62
-0.5%
63
-11.5%
71
-40.9%
120
-13.4%
138
+64.7%
84
-3.3%
87
+11.4%
Debt
Lease liabilities
0
-84.6%
0
+766.7%
0
-85.0%
0
-48.7%
0
-80.4%
0
+105.2%
0
—
—
—
Total debt
0
-84.6%
0
+766.7%
0
-85.0%
0
-48.7%
0
-80.4%
0
-99.1%
0
—
—
—
Net cash
4
-22.0%
5
+65.5%
3
+6.1%
3
-14.9%
3
+21.6%
3
+117.5%
5
—
—
—
Ratios
Current ratio
0.92x
3.30x
2.26x
5.28x
2.83x
3.44x
7.14x
7.63x
1.69x
0.91x
Debt to equity
0.00x
0.00x
0.00x
0.00x
0.00x
0.00x
0.00x
—
—
—
Debt to EBITDA
—
—
0.01x
0.01x
—
—
0.07x
—
—
—
Return on equity
-56.92%
-19.65%
-2.84%
-0.56%
-13.46%
-96.16%
-30.99%
-15.26%
—
—
Return on assets
-40.40%
-16.94%
-2.44%
-0.50%
-11.96%
-75.36%
-26.52%
-11.04%
—
—
Book value per share
0.40
0.61
0.60
0.61
0.62
0.70
1.49
1.83
5.19
9.23
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
Miscellaneous Business Credit Institution (SIC 6159)
Listed as
TROO (Nasdaq)
Fiscal year ends
December 31
Incorporated in
Cayman Islands
Headquarters
New Territories Hong Kong
SEC filer status
Accelerated filer
SEC CIK
1412095
Former names
SGOCO Group, Ltd. (until Nov 16, 2021); SGOCO Technology, Ltd. (until Dec 27, 2010); Hambrecht Asia Acquisition Corp. (until May 26, 2010)

Other Miscellaneous Business Credit Institution companies

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