Equus Total Return Inc (EQS) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K/A for FY2025, filed Apr 20, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the EQS SEC filings page.
This page shows Equus Total Return Inc (EQS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The business shows an asset-portfolio mechanic: earnings and operating cash flow swing independently while the balance sheet contracts.
Across FY2023–FY2024, net income changed direction from$12.9M profit to a-$18.8M loss. Operating cash flow moved oppositely, from-$51.4M to$38.2M , showing that reported earnings were not a reliable proxy for cash realization.
The asset contraction is substantial: total assets fell from
FY2025’s return on assets was
Financial Health Signals
Equus Total Return Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Equus Total Return Inc passes 1 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
Equus Total Return Inc reported a net loss of $14.2M while operations used $2.1M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Equus Total Return Inc earned -$1.34 per diluted share (EPS) in Q4 2025. This represents a decrease of 69.6% from the same quarter a year earlier. Against the prior quarter it is down 127.1%.
Not reported for Q4 2025.
Not reported for Q4 2025.
Not reported for Q4 2025.
Cash & Balance Sheet
Equus Total Return Inc held $133K in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
EQS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2510-K/A | Q3'2510-Q/A | Q2'2510-Q/A | Q1'2510-Q/A | Q4'2410-K/A | Q3'2410-Q/A | Q2'2410-Q/A | Q1'2410-Q/A |
|---|---|---|---|---|---|---|---|---|
| SG&A Expenses | N/A | $42K+5.0% | $59K-6.3% | $48K+45.5% | N/A | $40K+29.0% | $63K+80.0% | $33K-5.7% |
| Interest Expense | N/A | $412K+554.0% | $51K+50.0% | $29K-9.4% | N/A | $63K+425.0% | $34K+3300.0% | $32K+3100.0% |
| Income Tax | N/A | $6K+20.0% | $10K-9.1% | $3K-78.6% | N/A | $5K+66.7% | $11K+57.1% | $14K |
| Net Income | N/A | -$8.1M+15.9% | -$86K-102.2% | $3.9M+264.6% | N/A | -$9.6M-236.0% | $3.9M-34.4% | -$2.4M-111.8% |
| EPS (Basic) | -$0.72+8.9% | -$0.59+15.7% | -$0.01-103.4% | $0.30+276.5% | -$0.79 | -$0.70 | $0.29-34.1% | -$0.17 |
| EPS (Diluted) | -$1.34-69.6% | -$0.59+15.7% | -$0.01 | $0.25+247.1% | -$0.79-1087.5% | -$0.70-234.6% | $0.29-34.1% | -$0.17-112.5% |
| Diluted Shares (Avg) | N/A | 14M+0.7% | 14M | 16M+14.4% | N/A | 14M+0.5% | 14M+0.5% | 14M+0.5% |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.
EQS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2510-K/A | Q3'2510-Q/A | Q2'2510-Q/A | Q1'2510-Q/A | Q4'2410-K/A | Q3'2410-Q/A | Q2'2410-Q/A | Q1'2410-Q/A |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $21.3M-28.7% | $31.4M-67.1% | $37.1M-64.3% | $36.5M-63.2% | $29.9M-68.0% | $95.5M+45.7% | $103.8M+95.6% | $99.1M+122.8% |
| Cash & Equivalents | $133K-49.2% | $329K-71.4% | $69K-96.3% | $667K-78.1% | $262K-96.0% | $1.1M-91.6% | $1.9M-88.6% | $3.0M-82.8% |
| Short-Term Investments | $0 | $0 | $10.6M | $0 | $0 | $0-100.0% | $0-100.0% | $0-100.0% |
| Accounts Receivable | $1.1M+68.9% | $580K+305.6% | $1.3M+848.9% | $1.0M+636.7% | $678K+387.8% | $143K+2.1% | $139K-57.6% | $139K-83.6% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $4.8M+1019.2% | $4.9M-91.2% | $3.0M-94.5% | $2.3M-95.7% | $426K-99.1% | $55.3M+200.7% | $54.1M+314.3% | $53.2M+412.8% |
| Total Equity | $16.6M-43.8% | $26.5M-34.0% | $34.1M-31.5% | $34.2M-25.5% | $29.5M-38.9% | $40.2M-14.8% | $49.8M+24.3% | $45.9M+34.6% |
| Retained Earnings | $59.5M+31.3% | -$49.5M-43.0% | -$41.4M-65.7% | -$41.3M-43.0% | $45.3M+270.8% | -$34.6M-25.6% | -$25.0M+27.8% | -$28.9M+28.8% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt.
EQS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2510-K/A | Q3'2510-Q/A | Q2'2510-Q/A | Q1'2510-Q/A | Q4'2410-K/A | Q3'2410-Q/A | Q2'2410-Q/A | Q1'2410-Q/A |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$196K-100.4% | $260K+114.7% | -$598K+72.0% | -$1.6M+86.0% | $53.6M+257.8% | -$1.8M+77.0% | -$2.1M+49.8% | -$11.4M-108.4% |
| Stock-Based Compensation | N/A | N/A | $433K-9.2% | N/A | N/A | $429K-38.0% | $477K+21.4% | N/A |
| Financing Cash Flow | $0+100.0% | $0-100.0% | $0-100.0% | $2.0M-75.0% | -$55.0M-303.2% | $1.0M-79.0% | $974K-67.5% | $8.0M+100.7% |
Not reported in any period shown, so not listed: Depreciation & Amortization, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.
EQS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2510-K/A | Q3'2510-Q/A | Q2'2510-Q/A | Q1'2510-Q/A | Q4'2410-K/A | Q3'2410-Q/A | Q2'2410-Q/A | Q1'2410-Q/A |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | N/A | -30.6%-6.6pp | -0.3%-8.1pp | 11.5%+16.8pp | N/A | -24.0%-39.0pp | 7.8%-7.0pp | -5.2%-1.9pp |
| Return on Assets | N/A | -25.8%-15.7pp | -0.2%-4.0pp | 10.8%+13.2pp | N/A | -10.1%-20.9pp | 3.8%-7.4pp | -2.4%+0.1pp |
| Debt-to-Equity | 0.29+0.3x | 0.18-1.2x | 0.09-1.0x | 0.07-1.1x | 0.01-0.9x | 1.38+1.0x | 1.09+0.8x | 1.16+0.9x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Equus Total Return Inc EQS | FY2025 | N/A | -$14.2M | N/A | $14.1M | — |
| Investcorp Cr Mgmt Bdc Inc ICMB | FY2025 | N/A | -$8.8M | N/A | $12.4M | — |
| US Global Invstr GROW | FY2026 | $14.4M | $3.1M | 21.2% | $35.2M | 54/100 |
| Binah Capital BCG | FY2025 | $187.1M | $2.3M | 1.2% | $21.6M | 18/100 |
| Rand Capital RAND | FY2025 | N/A | -$8.0M | N/A | $33.1M | — |
Where Equus Total Return Inc Ranks
Frequently Asked Questions
Is Equus Total Return Inc profitable?
No, Equus Total Return Inc (EQS) reported a net income of -$14.2M in fiscal year 2025.
What is Equus Total Return Inc's return on equity (ROE)?
Equus Total Return Inc (EQS) has a return on equity of -85.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Equus Total Return Inc's operating cash flow?
Equus Total Return Inc (EQS) recorded an outflow of $2.1M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Equus Total Return Inc's total assets?
Equus Total Return Inc (EQS) had $21.3M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Equus Total Return Inc's debt-to-equity ratio?
Equus Total Return Inc (EQS) had a debt-to-equity ratio of 0.29 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Equus Total Return Inc's return on assets (ROA)?
Equus Total Return Inc (EQS) had a return on assets of -66.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Equus Total Return Inc's P/E ratio?
Equus Total Return Inc (EQS) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $14.1M as of Sep 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Equus Total Return Inc's price-to-sales ratio?
Equus Total Return Inc (EQS) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $14.1M as of Sep 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Equus Total Return Inc's Piotroski F-Score?
Equus Total Return Inc (EQS) has a Piotroski F-Score of 1 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Equus Total Return Inc's earnings high quality?
Equus Total Return Inc (EQS) reported a net loss of $14.2M while operations used $2.1M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.