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Via Renewables, Inc. (VIASP)

Via Renewables, Inc. (VIASP)

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Balance Sheets Overview

Current Ratio
278.67%
Quick Ratio
277.56%
Cash Ratio
74.50%
Debt to Asset Ratio
61.50%
Unit: Thousand (K) dollars
Assets Breakdown
    • Total current assets
    • Goodwill
    • Property and equipment, net
    • Others
Liabilities Breakdown
    • Long-term portion of senior cred...
    • Total current liabilities
    • Total stockholders equity
    • Others
Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Cash and cash equivalents
50,591
41,760
53,627
62,142
Restricted cash
0
1,121
2,404
4,725
Accounts receivable-Nonrelated Party
74,193
85,884
45,536
47,972
Accounts receivable-Related Party
5,926
6,265
4,720
3,941
Inventory
753
2,928
3,598
1,805
Fair value of derivative assets, net
3,007
2,565
579
2,606
Customer acquisition costs, net
8,038
7,761
7,610
6,935
Customer relationships, net
4,205
6,955
9,342
10,727
Deposits
3,955
4,903
4,860
3,861
Renewable energy credit asset
29,257
25,521
26,205
24,834
Other current assets
9,308
10,562
9,088
8,555
Total current assets
189,233
196,225
167,569
178,103
Property and equipment, net
5,916
6,447
6,305
6,444
Fair value of derivative assets, net
482
711
697
670
Customer acquisition costs, net
3,171
3,101
2,734
2,216
Customer relationships, net
83
251
348
669
Deferred tax assets
1,619
1,839
4,063
4,848
Goodwill
120,343
120,343
120,343
120,343
Other assets
2,135
2,372
2,755
3,050
Total assets
322,982
331,289
304,814
316,343
Accounts payable-Nonrelated Party
29,421
40,938
22,492
26,067
Accounts payable-Related Party
571
663
606
478
Accrued liabilities
16,693
20,243
16,296
14,579
Renewable energy credit liability
15,972
13,040
14,992
14,537
Fair value of derivative liabilities, net-Related Party
-
-
-
100
Fair value of derivative liabilities-Nonrelated Party
-
2,156
-
-
Fair value of derivative liabilities, net
5,191
-
1,386
375
Other current liabilities
58
58
58
58
Total current liabilities
67,906
77,098
55,830
56,094
Subordinated debtaffiliates
-
-
0
0
Fair value of derivative liabilities, net
728
55
301
153
Long-term portion of senior credit facility
130,000
120,000
105,000
100,000
Total liabilities
198,634
197,153
161,131
156,247
Series a preferred stock, par value 0.01 per share, 20,000,000 shares authorized, 2,094,372 shares issued and outstanding at march31, 2026 and 2,327,080 shares issued and outstanding at december31, 2025
50,927
56,766
70,467
78,432
Common stock-Common Class A
38
38
38
38
Common stock-Common Class B
35
35
35
35
Additional paid-in capital
40,785
40,538
37,708
37,566
Accumulated other comprehensive loss
-40
-40
-40
-40
Retained earnings
25,494
27,110
25,950
30,606
Total stockholders equity
66,312
67,681
63,691
68,205
Non-controlling interest in spark holdco, llc
7,109
9,689
9,525
13,459
Total equity
73,421
77,370
73,216
81,664
Total liabilities, series a preferred stock and stockholders equity
322,982
331,289
304,814
316,343
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Accountsreceivable-Nonrelated Party$74,193K Cash and cashequivalents$50,591K Renewable energy creditasset$29,257K Other current assets$9,308K Customer acquisitioncosts, net$8,038K Accountsreceivable-Related Party$5,926K Customer relationships,net$4,205K Deposits$3,955K Fair value ofderivative assets, net$3,007K Inventory$753K Total current assets$189,233K Goodwill$120,343K Property and equipment,net$5,916K Customer acquisitioncosts, net$3,171K Other assets$2,135K Deferred tax assets$1,619K Fair value ofderivative assets, net$482K Customer relationships,net$83K Total assets$322,982K Total liabilities,series a preferred...$322,982K Total liabilities$198,634K Total equity$73,421K Series a preferredstock, par value 0.01...$50,927K Long-term portion ofsenior credit facility$130,000K Total currentliabilities$67,906K Fair value ofderivative liabilities,...$728K Total stockholdersequity$66,312K Non-controlling interest inspark holdco, llc$7,109K Accumulated othercomprehensive loss-$40K Accountspayable-Nonrelated Party$29,421K Accrued liabilities$16,693K Renewable energy creditliability$15,972K Fair value ofderivative liabilities,...$5,191K Accountspayable-Related Party$571K Other currentliabilities$58K Additional paid-in capital$40,785K Retained earnings$25,494K Common stock-CommonClass A$38K Common stock-CommonClass B$35K