Rand Capital Corporation (RAND)

Rand Capital Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	9.49	0.83	3.3	1.37	0.83	20.37
Cash & Short-Term Investments	9.49	0.83	3.3	1.37	0.83	20.37
Cash Growth	183.08%	-74.67%	140.71%	64.17%	-95.91%	-21.11%
Accounts Receivable	0.2	0.39	0.33	0.31	0.23	0.32
Receivables	0.2	0.39	0.33	0.31	0.23	0.32
Prepaid Expenses	0.05	0.02	0.02	0.01	0.01	0.01
Other Current Assets	0.34	0.33	0.13	0.15	0.32	0.22
Total Current Assets	10.09	1.57	3.77	1.84	1.4	20.92
Long-Term Investments	-	2.5	4.15	3.54	64.07	40.05
Long-Term Deferred Tax Assets	0.12	0	0.04	0.03	0.18	-
Long-Term Deferred Charges	0.04	0.06	0.09	0.11	-	-
Other Long-Term Assets	44.33	68.32	72.98	57.97	-	-
Total Assets	54.58	72.46	81.02	63.48	65.64	60.97
Accounts Payable	0.06	0.09	0.15	0.07	0.05	0.17
Accrued Expenses	0.53	3.75	3.26	2.73	4.44	0.16
Other Current Liabilities	-	2.17	-	-	-	3.43
Total Current Liabilities	0.59	6.01	3.4	2.8	4.49	3.76
Long-Term Debt	-	0.6	16.25	2.55	-	10.82
Long-Term Unearned Revenue	0.37	0.52	0.55	0.41	0.41	0.15
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.12
Total Liabilities	0.96	7.12	20.21	5.76	4.9	14.86
Common Stock	0.3	0.26	0.26	0.26	0.26	0.26
Additional Paid-In Capital	64.05	55.42	55.8	51.46	51.68	52
Retained Earnings	-9.17	11.21	6.32	7.56	10.37	-4.62
Treasury Stock	-1.57	-1.57	-1.57	-1.57	-1.57	-1.55
Shareholders' Equity	53.62	65.33	60.82	57.72	60.75	46.1
Total Liabilities & Equity	54.58	72.46	81.02	63.48	65.64	60.97
Total Debt	-	0.6	16.25	2.55	-	10.82
Net Cash (Debt)	9.49	0.23	-12.95	-1.18	0.83	9.54
Net Cash Growth	-	-	-	-	-91.26%	-36.52%
Net Cash Per Share	3.33	0.09	-5.02	-0.46	0.32	4.21
Filing Date Shares Outstanding	2.97	2.97	2.58	2.58	2.58	2.58
Total Common Shares Outstanding	2.97	2.58	2.58	2.58	2.58	2.58
Working Capital	9.5	-4.43	0.37	-0.96	-3.1	17.16
Book Value Per Share	18.06	25.31	23.56	22.36	23.54	17.86
Tangible Book Value	53.62	65.33	60.82	57.72	60.75	46.1
Tangible Book Value Per Share	18.06	25.31	23.56	22.36	23.54	17.86

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q