PAL: the balance sheet

MyFinsight

For the year ending 2025-12-31, PAL has $477,977,509 in assets. $166,587,038 in debts. $14,285,745 in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
111.74%
Quick Ratio
111.74%
Cash Ratio
22.36%
Debt to Asset Ratio
34.85%
Unit: Dollar
Assets Breakdown
Less accumulated amortization an...
Accounts receivable, less allowa...
Cash and cash equivalents
Others
Liabilities Breakdown
Additional paid in capital
Long-term debt, less current por...
(accumulated deficit) retained e...
Others

Balance Sheets	2025-12-31
Cash and cash equivalents	14,285,745
Accounts receivable, less allowance for credit losses (2025 - 826,740 2024 - 134,372)	42,188,909
Net investment in leases, current portion	126,730
Maintenance supplies	1,714,238
Assets held for sale	28,500
Income tax receivable	1,791,544
Prepaid expenses and other current assets	11,261,497
Total current assets	71,397,163
Property and equipment, gross	159,350,105
Less accumulated amortization and depreciation	43,500,044
Property and equipment, net of accumulated depreciation (2025 - 43,500,044 2024 - 15,541,572)	115,850,061
Operating lease right-of-use assets	12,633,834
Net investment in leases, less current portion	21,781
Deposits	6,124,946
Goodwill	148,476,407
Intangible assets, net of accumulated amortization and impairment (2025 - 17,615,109 2024 - 5,709,360)	122,804,891
Other long-term assets	668,426
Total assets	477,977,509

Accounts payable	8,305,255
Accrued liabilities	33,030,001
Finance lease liabilities, current portion	8,758
Operating lease liabilities, current portion	2,249,651
Long-term debt, current portion	20,303,077
Total current liabilities	63,896,742
Operating lease liabilities, less current portion	10,689,839
Long-term debt, less current portion	54,026,968
Deferred tax liability, net	34,900,440
Other long-term liabilities	3,073,049
Total liabilities	166,587,038
Common stock, 0.01 par value 50,000,000 shares authorized 27,834,799 and 27,069,114 shares issued and outstanding as of december 31, 2025 and december 31, 2024 respectively	278,347
Additional paid in capital	356,179,787
(accumulated deficit) retained earnings	-45,067,663
Total stockholders equity	311,390,471
Total liabilities and stockholders equity	477,977,509

Unit: Dollar.

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Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Time Plot

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Balance Sheets