Rand Capital Corporation (RAND)

Rand Capital Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	0.22	4.21	0.83	3.3	1.37	0.83
Cash & Short-Term Investments	0.22	4.21	0.83	3.3	1.37	0.83
Cash Growth	-97.65%	404.18%	-74.67%	140.71%	64.17%	-95.91%
Accounts Receivable	0.24	0.17	0.39	0.33	0.31	0.23
Receivables	0.24	0.17	0.39	0.33	0.31	0.23
Prepaid Expenses	-	0.02	0.02	0.02	0.01	0.01
Other Current Assets	0.31	0.28	0.33	0.13	0.15	0.32
Total Current Assets	0.77	4.68	1.57	3.77	1.84	1.4
Long-Term Investments	56.74	1.4	2.5	4.15	3.54	64.07
Long-Term Deferred Tax Assets	-	-	0	0.04	0.03	0.18
Long-Term Deferred Charges	-	0.04	0.06	0.09	0.11	-
Other Long-Term Assets	0.13	47.08	68.32	72.98	57.97	-
Total Assets	57.64	53.2	72.46	81.02	63.48	65.64

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	0.12	0.1	0.09	0.15	0.07	0.05
Accrued Expenses	0.56	0.52	3.75	3.26	2.73	4.44
Other Current Liabilities	-	-	2.17	-	-	-
Total Current Liabilities	0.67	0.62	6.01	3.4	2.8	4.49
Long-Term Debt	5	-	0.6	16.25	2.55	-
Long-Term Unearned Revenue	0.43	0.39	0.52	0.55	0.41	0.41
Total Liabilities	6.1	1.01	7.12	20.21	5.76	4.9

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.3	0.3	0.26	0.26	0.26	0.26
Additional Paid-In Capital	64.06	64.06	55.42	55.8	51.46	51.68
Retained Earnings	-11.26	-10.62	11.21	6.32	7.56	10.37
Treasury Stock	-1.57	-1.57	-1.57	-1.57	-1.57	-1.57
Shareholders' Equity	51.54	52.18	65.33	60.82	57.72	60.75
Total Liabilities & Equity	57.64	53.2	72.46	81.02	63.48	65.64

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	5	-	0.6	16.25	2.55	-
Net Cash (Debt)	-4.78	4.21	0.23	-12.95	-1.18	0.83
Net Cash Growth	-	1692.53%	-	-	-	-91.26%
Net Cash Per Share	-1.60	1.43	0.09	-5.02	-0.46	0.32
Filing Date Shares Outstanding	2.97	2.97	2.97	2.58	2.58	2.58
Total Common Shares Outstanding	2.97	2.97	2.58	2.58	2.58	2.58
Working Capital	0.1	4.06	-4.43	0.37	-0.96	-3.1
Book Value Per Share	17.36	17.57	25.31	23.56	22.36	23.54
Tangible Book Value	51.54	52.18	65.33	60.82	57.72	60.75
Tangible Book Value Per Share	17.36	17.57	25.31	23.56	22.36	23.54

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Nov 4, 2026

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

Update frequency:

Quarterly

Last checked:

Nov 10, 2026

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