Can Aehr Test Systems cover its short-term obligations?

Its current ratio is 10.97 — current assets exceed current liabilities.

Where does Aehr Test Systems's balance sheet data come from?

Every line is extracted from Aehr Test Systems's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Aehr Test Systems AEHR Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Cash and cash equivalents	$37.06M+19.6%	$30.99M+25.7%	$24.66M-6.9%	$26.48M-15.6%	$31.36M-10.8%
Restricted cash	$200K0.0%	$200K0.0%	$200K0.0%	$200K-92.9%	$2.8M0.0%
Accounts receivable, net	$11.81M+14.8%	$10.28M-21.2%	$13.06M-8.0%	$14.19M+373%	$3M+1,400%
Inventories	$41.16M-3.7%	$42.72M+2.1%	$41.84M-0.4%	$42M-0.8%	$42.33M-3.3%
Raw materials	$31.11M-5.1%	$32.78M+0.5%	$32.61M+6.4%	$30.64M+17.1%	$26.16M+3.8%
Work in process	$9.37M-0.4%	$9.4M+8.4%	$8.67M-6.4%	$9.26M-22.9%	$12.02M-13.9%
Finished goods	$689K+28.1%	$538K-3.8%	$559K-73.3%	$2.09M-49.6%	$4.15M-10.3%
Prepaid expenses and other current assets	$6.02M+38.4%	$4.35M-32.5%	$6.45M-20.0%	$8.06M+1.2%	$7.97M+53.4%
Total current assets	$95.9M+8.7%	$88.19M+4.9%	$84.05M-5.3%	$88.78M-3.2%	$91.7M+3.6%
Property and equipment, net	$9.28M+3.2%	$8.99M-0.2%	$9M+0.4%	$8.97M+27.6%	$7.03M+63.2%
Machinery and equipment	$3.88M+0.6%	$3.85M+0.1%	$3.85M0.0%	$3.85M+0.1%	$3.84M-18.5%
Furniture, fixtures and equipment	$1.51M+2.4%	$1.48M+10.4%	$1.34M+0.4%	$1.33M+549%	$205K+3.5%
Leasehold improvements	$6.1M0.0%	$6.1M0.0%	$6.1M+1.7%	$6M+311%	$1.46M-45.9%
Construction in progress	$1.48M+66.9%	$888K—	——	——	——
Accumulated depreciation	$6.59M+6.2%	$6.21M+6.4%	$5.83M+6.7%	$5.47M+4.3%	$5.24M-0.6%
Operating lease right-of-use assets	$9.09M-2.0%	$9.27M-1.6%	$9.42M-1.9%	$9.6M+67.0%	$5.75M-4.8%
Goodwill	$10.72M0.0%	$10.72M0.0%	$10.72M0.0%	$10.72M-0.2%	$10.74M—
Intangible assets, net	$9.85M-2.9%	$10.14M-2.8%	$10.44M-3.2%	$10.78M-3.3%	$11.15M—
Deferred tax assets	$21.88M+3.8%	$21.08M+6.0%	$19.88M+4.0%	$19.11M-12.7%	$21.9M—
Other non-current assets	$2.9M+0.6%	$2.88M0.0%	$2.88M-0.5%	$2.9M+11.3%	$2.6M+32.5%
Total assets	$157.05M+5.6%	$148.73M+3.2%	$144.09M-3.0%	$148.51M+2.0%	$145.61M+2.3%
Accounts payable	$2.1M-40.7%	$3.55M+5.0%	$3.38M-49.8%	$6.73M-3.3%	$6.96M+43.4%
Accrued expenses	——	——	——	$6.02M-15.0%	$7.09M+31.4%
Deferred revenue	$137K-40.2%	$229K-21.8%	$293K+63.7%	$179K-25.1%	$239K+134%
Operating lease liabilities, current	$606K+3.6%	$585K-35.4%	$905K-0.4%	$909K-22.5%	$1.17M+36.7%
Contract liabilities	$1.9M+280%	$500K-58.3%	$1.2M-40.0%	$2M+122%	$900K+28.6%
Income taxes payable	——	——	——	——	——
Total current liabilities	$8.74M+5.3%	$8.31M-30.3%	$11.91M-23.8%	$15.64M-2.7%	$16.06M+37.1%
Operating lease liabilities, non-current	$9.42M-1.7%	$9.58M-1.4%	$9.71M-2.1%	$9.92M+88.4%	$5.27M-5.5%
Other non-current liabilities	$40K0.0%	$40K0.0%	$40K-4.8%	$42K+5.0%	$40K-97.7%
Total liabilities	$18.25M+1.6%	$17.96M-17.2%	$21.7M-15.4%	$25.64M+19.8%	$21.4M+12.0%
Preferred stock	$0—	$0—	$0—	$0—	$0—
Common stock	75M0.0%	75M0.0%	75M0.0%	75M0.0%	75M0.0%
Additional paid-in capital	$170.14M+7.0%	$158.95M+7.9%	$147.33M+1.1%	$145.76M+1.0%	$144.25M+1.2%
Retained earnings	-$31.58M-11.3%	-$28.37M-12.8%	-$25.14M-9.0%	-$23.06M-14.4%	-$20.16M-3.3%
Accumulated other comprehensive income (loss)	-$84K+23.6%	-$110K-15.8%	-$95K+24.6%	-$126K+30.4%	-$181K+5.2%
Total stockholders' equity	$138.79M+6.1%	$130.78M+6.8%	$122.39M-0.4%	$122.87M-1.1%	$124.21M+0.8%
Total liabilities and stockholders' equity	$157.05M+5.6%	$148.73M+3.2%	$144.09M-3.0%	$148.51M+2.0%	$145.61M+2.3%
Finished goods	$689K+28.1%	$538K-3.8%	$559K-73.3%	$2.09M-49.6%	$4.15M-10.3%
Deferred Tax Assets and Other Non-Current Assets	$331K-4.9%	$348K-40.4%	$584K+7.0%	$546K+20.5%	$453K-82.4%
Finite Lived Intangible Assets - Gross	$12M0.0%	$12M0.0%	$12M0.0%	$12M—	——
Goodwill and Intangible Assets, Net	$9.85M-2.9%	$10.14M-2.8%	$10.44M-3.2%	$10.78M—	——
Net Investment in Lease	$9.09M-2.0%	$9.27M-1.6%	$9.42M-1.9%	$9.6M+67.0%	$5.75M-4.8%
Deferred tax assets	$21.88M+3.8%	$21.08M+6.0%	$19.88M+4.0%	$19.11M+1.7%	$18.79M—
Other intangible assets—net	$9.85M-2.9%	$10.14M-2.8%	$10.44M-3.2%	$10.78M-3.3%	$11.15M—
Goodwill and intangible assets, net	$9.85M-2.9%	$10.14M-2.8%	$10.44M-3.2%	$10.78M—	——
Machinery and equipment	$3.88M+0.6%	$3.85M+0.1%	$3.85M0.0%	$3.85M+0.1%	$3.84M-18.5%
Operating lease right-of-use assets	$9.09M-2.0%	$9.27M-1.6%	$9.42M-1.9%	$9.6M+67.0%	$5.75M-4.8%
Other non-current assets	$331K-4.9%	$348K-40.4%	$584K+7.0%	$546K+20.5%	$453K-82.4%
Property, plant and equipment at cost	$15.87M+4.4%	$15.2M+2.4%	$14.84M+2.8%	$14.44M+17.7%	$12.27M+28.1%
Property, Plant and Equipment, Other, Gross	$2.9M+0.6%	$2.88M0.0%	$2.88M-0.5%	$2.9M+11.3%	$2.6M+32.5%
Operating Lease Right-of-Use Assets in Other Assets	$9.09M-2.0%	$9.27M-1.6%	$9.42M-1.9%	$9.6M+67.0%	$5.75M-4.8%
Software and Technology Licenses, Net	$331K-4.9%	$348K-40.4%	$584K+7.0%	$546K+20.5%	$453K-82.4%
Deferred income	$1.86M+319%	$443K-60.4%	$1.12M-43.5%	$1.98M+135%	$844K+37.7%
Customer Deposits	$1.72M—	——	——	——	——
Standard Product Warranty Accrual	$547K-0.4%	$549K+7.6%	$510K+19.2%	$428K+28.9%	$332K-7.3%
Debt Maturity - 2024	——	——	——	——	——
Debt Maturity - 2025	——	——	——	——	——
Debt Maturity - 2027	——	——	——	——	——
Deferred income	$53K+51.4%	$35K0.0%	$35K-2.8%	$36K+38.5%	$26K-50.0%
Total debt	$10.03M-1.4%	$10.16M-4.3%	$10.62M-2.0%	$10.83M+68.2%	$6.44M+0.1%
Common Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common Stock Shares Issued	31M+1.1%	30.6M+2.2%	30M+0.3%	29.9M+0.4%	29.8M+0.2%
Convertible Preferred Stock Authorized Shares	10M0.0%	10M0.0%	10M0.0%	10M0.0%	10M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—	0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—	0—
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$310K+1.3%	$306K+2.0%	$300K+0.3%	$299K+0.3%	$298K+0.3%
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—	$0—
Preferred Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.01—
Cumulative Cost Basis	$15.87M+4.4%	$15.2M+2.4%	$14.84M+2.8%	$14.44M+17.7%	$12.27M+28.1%
Accounts Receivable, after Allowance for Credit Loss	$11.81M+14.8%	$10.28M-21.2%	$13.06M-8.0%	$14.19M+18.3%	$11.99M+63.5%
Common stock, par value (in dollars per share)	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common stock, shares authorized (in shares)	$75M0.0%	$75M0.0%	$75M0.0%	$75M0.0%	$75M0.0%
Common stock, shares issued (in shares)	$30.95M+1.1%	$30.62M+2.2%	$29.97M+0.3%	$29.88M+0.4%	$29.77M+0.2%
Common Stock, Shares, Outstanding	$30.95M+1.1%	$30.62M+2.5%	$29.88M0.0%	$29.88M+0.4%	$29.77M+0.2%
Construction work in progress	$1.48M+66.9%	$888K—	——	——	——
Contract with Customer, Liability	$1.9M+280%	$500K-58.3%	$1.2M-40.0%	$2M+122%	$900K+28.6%
Finite-Lived Intangible Assets, Accumulated Amortization	-$2.15M-15.9%	-$1.86M-19.0%	-$1.56M-28.1%	-$1.22M—	——
Finite Lived Intangible Assets Amortization Expense Rolling Year Three	——	——	——	——	——
Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months	——	——	——	——	——
Finite Lived Intangible Assets Amortization Expense Rolling Year Six	——	——	——	——	——
Finite Lived Intangible Assets Amortization Expense Rolling Year Four	——	——	——	——	——
Finite Lived Intangible Assets Amortization Expense Rolling Year Two	——	——	——	——	——
Finite Lived Intangible Assets Amortization Expense Rolling After Year Six	——	——	——	——	——
Finite Lived Intangible Assets Amortization Expense Rolling Year Five	——	——	——	——	——
Gross Carrying Amount	$12M0.0%	$12M0.0%	$12M0.0%	$12M—	——
Other accrued liabilities	——	——	——	——	——
Outstanding Amoun Tof ATM Offering	——	——	——	——	——
Preferred Stock, Par or Stated Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.01—
Preferred Stock, Shares Authorized	$10M0.0%	$10M0.0%	$10M0.0%	$10M0.0%	$10M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—	$0—
Standard and Extended Product Warranty Accrual	$547K-0.4%	$549K+7.6%	$510K+19.2%	$428K+28.9%	$332K-7.3%
Prospectus Supplement Amount	——	——	——	——	——
Sale of stock, price per share (in dollars per share)	——	——	——	——	——
Share Based Compensation Arrangement By Share Based Payment Award Performance RSU Number Of Shares Available For Grant	——	——	——	——	——
Shelf Registration Amount	——	——	——	——	——
Stock Based Compensation Capitalized As Inventory	——	——	——	——	——
Unbilled balances	$1.9M—	——	——	——	——
Valuation Allowances And Reserves Balance	——	——	——	——	——

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Questions, answered.

Can Aehr Test Systems cover its short-term obligations?: Its current ratio is 10.97 — current assets exceed current liabilities.
Where does Aehr Test Systems's balance sheet data come from?: Every line is extracted from Aehr Test Systems's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.