What is Sharplink, Inc. 's cash ratio?

Sharplink, Inc. (SBET) reported cash ratio of 3.1× in Q1 2026.

How has Sharplink, Inc. 's cash ratio changed year-over-year?

Sharplink, Inc. 's cash ratio increased by 330.2% year-over-year, from 0.7× to 3.1×.

What is the long-term trend for Sharplink, Inc. 's cash ratio?

Over 3 years (2022 to 2025), Sharplink, Inc. 's cash ratio has grown at a 357.3% compound annual growth rate (CAGR), from 0× to 2.2×.

What does cash ratio mean?

Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.

Sharplink, Inc. SBET Cash ratio

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Other financials

Income statement

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Revenue$12.1M+1,525%

Gross profit$209.1K-25.4%

Operating income-$684.6M-73,829%

Net income-$685.6M-70,214%

EPS (diluted)-$3.25-76.6%

Balance sheet

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Cash & equivalents$16.9M+3,275%

Total debt$6.5M+213%

Total equity$1.7B+83,286%

Total assets$1.7B+62,686%

Cash flow

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Operating cash flow-$10.6M-1,971%

CapEx$3.7K+1,223%

Free cash flow-$9.1M-620%

Valuation

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Market cap$1B+66.8%

P/S25.5×-150×

Profitability

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Gross margin35.8%—

Operating margin-3,600.5%-3,725pp

Net margin-3,604.6%-3,675pp

FCF margin-623%—

Returns & leverage

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Return on equity-163.1%+447pp

Debt / equity0.7×—

Current ratio3.3×0.0×

Where this comes from

Calculated from Sharplink, Inc. ’s reported figures.

cash and equivalents/total current liabilities=3.1×

Based on the most recent quarter.

The official record: Sharplink, Inc. ’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sharplink, Inc. 's cash ratio?: Sharplink, Inc. (SBET) reported cash ratio of 3.1× in Q1 2026.
How has Sharplink, Inc. 's cash ratio changed year-over-year?: Sharplink, Inc. 's cash ratio increased by 330.2% year-over-year, from 0.7× to 3.1×.
What is the long-term trend for Sharplink, Inc. 's cash ratio?: Over 3 years (2022 to 2025), Sharplink, Inc. 's cash ratio has grown at a 357.3% compound annual growth rate (CAGR), from 0× to 2.2×.
What does cash ratio mean?: Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.