Deswell Industries, Inc. (DSWL)

Deswell Industries Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Assets

Fiscal Quarter	H2 2026	H1 2026	H2 2025	H1 2025	H2 2024	H1 2024	H2 2023	H1 2023	H2 2022	H1 2022
Period Ending	Mar 31, 2026	Sep 30, 2025	Mar 31, 2025	Sep 30, 2024	Mar 31, 2024	Sep 30, 2023	Mar 31, 2023	Sep 30, 2022	Mar 31, 2022	Sep 30, 2021
Cash & Equivalents	23.06	23.38	28.13	13.44	15.75	17.38	22.16	15.58	13.47	17.38
Short-Term Investments	59.27	56.29	47.37	52.32	42.16	33.19	24.82	23.43	30.42	28.93
Cash & Short-Term Investments	82.33	79.67	75.5	65.76	57.91	50.57	46.98	39	43.88	46.31
Cash Growth (YoY)	9.05%	21.15%	30.37%	30.03%	23.26%	29.65%	7.06%	-15.77%	-3.12%	0.06%
Accounts Receivable	11.43	13.9	9.91	17.17	11.99	16.8	15.7	22.08	18.2	17.5
Other Receivables	0.12	-	0.22	-	0.2	-	0.16	-	0.14	-
Receivables	11.55	13.9	10.14	17.17	12.18	16.8	15.87	22.08	18.34	17.5
Inventory	11.75	10.13	9.46	11.78	12.13	14.77	17.33	20.7	23.82	20.99
Prepaid Expenses	0.36	1.22	0.41	1.4	0.4	1.18	0.43	2.03	0.65	3.42
Other Current Assets	0.9	-	0.98	-	0.63	-	0.56	-	1.14	-
Total Current Assets	106.89	104.92	96.49	96.11	83.26	83.32	81.16	83.81	87.82	88.22
Property, Plant & Equipment	22.33	22.95	23.39	23.95	24.6	25.31	26.05	26.45	27.02	27.25
Long-Term Investments	-	-	-	-	2.8	2.74	2.91	3.07	0.31	0.31
Long-Term Deferred Tax Assets	0.75	0.34	0.34	0.42	0.42	0.25	0.26	0.23	0.26	-
Total Assets	129.96	128.21	120.21	120.48	111.08	111.62	110.38	113.56	115.41	115.78

Liabilities

Fiscal Quarter	H2 2026	H1 2026	H2 2025	H1 2025	H2 2024	H1 2024	H2 2023	H1 2023	H2 2022	H1 2022
Period Ending	Mar 31, 2026	Sep 30, 2025	Mar 31, 2025	Sep 30, 2024	Mar 31, 2024	Sep 30, 2023	Mar 31, 2023	Sep 30, 2022	Mar 31, 2022	Sep 30, 2021
Accounts Payable	6.84	7.26	5.74	8.25	5.21	7.63	6.95	10.13	9.84	12.16
Accrued Expenses	9.85	9.55	8.79	8.8	8.4	8.78	9.93	10.34	10.56	10.04
Current Income Taxes Payable	1.03	1.19	1.13	1.33	1.11	1.1	1.15	1.29	1.23	1.06
Other Current Liabilities	2.64	1.86	2.06	2.88	1.71	2.05	2.22	2.65	2.34	3.16
Total Current Liabilities	20.36	19.86	17.72	21.26	16.43	19.56	20.25	24.41	23.97	26.42
Long-Term Deferred Tax Liabilities	0.21	0.31	0.37	0.45	0.48	0.45	0.48	0.53	0.66	0.92
Total Liabilities	20.57	20.17	18.09	21.72	16.91	20	20.73	24.93	24.63	27.34

Shareholders' Equity

Fiscal Quarter	H2 2026	H1 2026	H2 2025	H1 2025	H2 2024	H1 2024	H2 2023	H1 2023	H2 2022	H1 2022
Period Ending	Mar 31, 2026	Sep 30, 2025	Mar 31, 2025	Sep 30, 2024	Mar 31, 2024	Sep 30, 2023	Mar 31, 2023	Sep 30, 2022	Mar 31, 2022	Sep 30, 2021
Common Stock	53.2	53.2	53.2	53.2	53.2	53.2	53.2	53.2	53.2	53.2
Additional Paid-In Capital	7.97	7.97	7.97	7.97	7.97	7.97	7.97	7.97	7.97	7.97
Retained Earnings	45.89	44.38	38.45	35.09	30.5	27.94	25.98	24.95	27.11	24.77
Treasury Stock	-2.99	-2.82	-2.82	-2.82	-2.82	-2.82	-2.82	-2.82	-2.82	-2.82
Comprehensive Income & Other	5.32	5.32	5.32	5.32	5.32	5.32	5.32	5.32	5.32	5.32
Shareholders' Equity	109.39	108.05	102.12	98.76	94.17	91.61	89.65	88.62	90.78	88.44
Total Liabilities & Equity	129.96	128.21	120.21	120.48	111.08	111.62	110.38	113.56	115.41	115.78

Additional Metrics

Fiscal Quarter	H2 2026	H1 2026	H2 2025	H1 2025	H2 2024	H1 2024	H2 2023	H1 2023	H2 2022	H1 2022
Period Ending	Mar 31, 2026	Sep 30, 2025	Mar 31, 2025	Sep 30, 2024	Mar 31, 2024	Sep 30, 2023	Mar 31, 2023	Sep 30, 2022	Mar 31, 2022	Sep 30, 2021
Net Cash (Debt)	82.33	79.67	75.5	65.76	57.91	50.57	46.98	39	43.88	46.31
Net Cash Growth (YoY)	9.05%	21.15%	30.37%	30.03%	23.26%	29.65%	7.06%	-15.77%	-3.12%	0.06%
Net Cash Per Share	5.18	5.00	4.73	4.13	3.61	3.17	2.90	2.45	2.70	2.89
Filing Date Shares Outstanding	15.89	15.94	15.94	15.94	15.94	15.94	15.94	15.94	15.94	15.94
Total Common Shares Outstanding	15.89	15.94	15.94	15.94	15.94	15.94	15.94	15.94	15.94	15.94
Working Capital	86.53	85.06	78.77	74.85	66.83	63.77	60.91	59.4	63.85	61.81
Book Value Per Share	6.89	6.78	6.41	6.20	5.91	5.75	5.63	5.56	5.70	5.55
Tangible Book Value	109.39	108.05	102.12	98.76	94.17	91.61	89.65	88.62	90.78	88.44
Tangible Book Value Per Share	6.89	6.78	6.41	6.20	5.91	5.75	5.63	5.56	5.70	5.55
Land	32.23	-	32.23	-	32.23	-	32.23	-	32.23	-
Machinery	43.4	-	44.8	-	45.22	-	49.46	-	49.64	-
Leasehold Improvements	4.67	-	4.57	-	4.54	-	4.43	-	4.2	-

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 27, 2026

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