Equus Total Return (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 Oct 23, 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).
Reported results behave like an investment vehicle: asset values and annual gains or losses swing sharply, while operating cash flow diverges.
From FY2023 to FY2025, total assets fell from$93.5M to$21.3M . Over the same span, the reported result moved from a net gain of$12.9M to a net loss of$14.2M , making the statements read more like capital-portfolio reporting than a recurring sales business.
The latest balance sheet is smaller than the prior year: total assets fell from
Cash movement does not track the accounting result. One recent year paired a net loss of
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).
Key Financial Metrics
Earnings & Revenue
Equus Total Return, Inc. earned -$1.34 per diluted share (EPS) in Q4 2025. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
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 against $2.1M in long-term debt as of Q4 2025.
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% | $14Kn/m |
| Net Income | N/A | -$8.1Mn/m | -$86K-102.2% | $3.9Mn/m | N/A | -$9.6M-236.0% | $3.9M-34.4% | -$2.4Mn/m |
| EPS (Basic) | -$0.72n/m | -$0.59n/m | -$0.01 | $0.30n/m | -$0.79 | -$0.70 | $0.29-34.1% | -$0.17 |
| EPS (Diluted) | -$1.34n/m | -$0.59n/m | -$0.01 | $0.25n/m | -$0.79-1087.5% | -$0.70-234.6% | $0.29-34.1% | -$0.17n/m |
| 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 | N/A | N/A | $10.6M | N/A | $0 | N/A | N/A | N/A |
| 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% |
| 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% |
| Long-Term Debt | $2.1M | $1.9M | N/A | $1.6M | N/A | N/A | N/A | N/A |
| 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% | -$49.5Mn/m | -$41.4Mn/m | -$41.3Mn/m | $45.3Mn/m | -$34.6Mn/m | -$25.0Mn/m | -$28.9Mn/m |
Not reported in any period shown, so not listed: Current Assets, Inventory, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities.
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% | $260Kn/m | -$598Kn/m | -$1.6Mn/m | $53.6Mn/m | -$1.8Mn/m | -$2.1Mn/m | -$11.4Mn/m |
| 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 | $0n/m | $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 | 0.13 | 0.07 | N/A | 0.05 | N/A | N/A | N/A | N/A |
| Liabilities-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 | $11.0M | — |
| Investcorp Credit Management BDC, Inc. ICMB | FY2025 | N/A | -$8.8M | N/A | $10.1M | — |
| US Global Investors Inc GROW | FY2026 | $14.4M | $3.1M | 21.2% | $32.3M | 54/100 |
| Binah Capital Group, Inc. BCG | FY2025 | $187.1M | $2.3M | 1.2% | $18.2M | 41/100 |
| Rand Capital Corp RAND | FY2025 | N/A | -$8.0M | N/A | $28.9M | — |
Where Equus Total Return, Inc. Ranks
Frequently Asked Questions
Is Equus Total Return, Inc. profitable?
No, Equus Total Return, Inc. (EQS) reported a net loss of $14.2M in fiscal year 2025.
How much debt does Equus Total Return, Inc. have?
As of fiscal year 2025, Equus Total Return, Inc. (EQS) had $133K in cash and equivalents against $2.1M in long-term debt.
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 0.13 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Equus Total Return, Inc.'s liabilities-to-equity ratio?
Equus Total Return, Inc. (EQS) had a liabilities-to-equity ratio of 0.29 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-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 $11.0M as of Oct 23, 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 $11.0M as of Oct 23, 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.