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Balance Sheets Overview

Current Ratio
318.55%
Quick Ratio
220.39%
Cash Ratio
99.10%
Debt to Asset Ratio
26.80%
Unit: Dollar
Assets Breakdown
    • Cash and cash equivalents
    • Goodwill
    • Prepaid expenses and other curre...
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Retained earnings
    • Accounts payable
    • Others
Balance Sheets
2026-05-31
2025-05-31
Cash and cash equivalents
4,462,040
4,769,854
Accounts receivable, net
4,748,966
1,003,945
Inventory, net
4,419,628
2,533,658
Due from related party
-
222
Prepaid expenses and other current assets
712,214
947,969
Total current assets
14,342,848
9,255,648
Property and equipment, net
389,733
412,261
Intangible assets, net
389,747
403,591
Right of use assets
360,512
579,121
Deferred tax asset
301,460
46,239
Other assets
20,720
20,720
Goodwill
2,152,215
2,152,215
Total other assets
3,614,387
3,614,147
Total assets
17,957,235
12,869,795
Note payable - current
-
3,574
Accounts payable
1,989,048
866,573
Contract liabilities, current
389,333
757,355
Due to related party
152,177
0
Lease liabilities, current
195,563
212,543
Income tax liability
688,150
310,369
Customer deposits
-
67,412
Other current liabilities
1,088,262
244,998
Total current liabilities
4,502,533
2,462,824
Lease liabilities
209,105
404,669
Note payable, long term
-
136,655
Contract liabilities
101,380
205,939
Total long term liabilities
310,485
747,263
Total liabilities
4,813,018
3,210,087
Preferred stock, 0.0001 par value 28,000,000 shares authorized 24,873,500 and 27,773,500 shares issued and outstanding as of may 31, 2026 and may 31, 2025, respectively
2,487
2,777
Common stock, 0.0001 par value 15,000,000 shares authorized 6,822,681 and 6,657,717 shares issued and outstanding as of may 31, 2026 and may 31, 2025, respectively
682
666
Additional paid-in capital
9,720,981
8,935,547
Retained earnings
3,420,067
720,718
Total stockholders' equity
13,144,217
9,659,708
Total liabilities and stockholders equity
17,957,235
12,869,795
Unit: Dollar.

Time Plot

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Balance Sheets

Accounts receivable, net$4,748,966 (373.03%↑ Y/Y)Cash and cashequivalents$4,462,040 (-6.45%↓ Y/Y)Inventory, net$4,419,628 (74.44%↑ Y/Y)Prepaid expenses andother current assets$712,214 (-24.87%↓ Y/Y)Goodwill$2,152,215 (0.00%↑ Y/Y)Intangible assets, net$389,747 (-3.43%↓ Y/Y)Property and equipment,net$389,733 (-5.46%↓ Y/Y)Right of use assets$360,512 (-37.75%↓ Y/Y)Deferred tax asset$301,460 (551.96%↑ Y/Y)Other assets$20,720 (0.00%↑ Y/Y)Total current assets$14,342,848 (54.96%↑ Y/Y)Total other assets$3,614,387 (0.01%↑ Y/Y)Total assets$17,957,235 (39.53%↑ Y/Y)Total liabilities andstockholders equity$17,957,235 (39.53%↑ Y/Y)Total stockholders'equity$13,144,217 (36.07%↑ Y/Y)Total liabilities$4,813,018 (49.93%↑ Y/Y)Additional paid-in capital$9,720,981 (8.79%↑ Y/Y)Retained earnings$3,420,067 (374.54%↑ Y/Y)Preferred stock, 0.0001par value...$2,487 (-10.44%↓ Y/Y)Common stock, 0.0001par value...$682 (2.40%↑ Y/Y)Total currentliabilities$4,502,533 (82.82%↑ Y/Y)Total long termliabilities$310,485 (-58.45%↓ Y/Y)Accounts payable$1,989,048 (129.53%↑ Y/Y)Other currentliabilities$1,088,262 (344.19%↑ Y/Y)Income tax liability$688,150 (121.72%↑ Y/Y)Contract liabilities,current$389,333 (-48.59%↓ Y/Y)Lease liabilities,current$195,563 (-7.99%↓ Y/Y)Due to related party$152,177 Lease liabilities$209,105 (-48.33%↓ Y/Y)Contract liabilities$101,380 (-50.77%↓ Y/Y)

Axil Brands, Inc. (AXIL)

Axil Brands, Inc. (AXIL)