IBM

International Business Machines Corporation
Computer & Office Equipment

Cash & Equivalents

$13.59B
As of 2025-12-31
Current Price: $230.76 (as of 2026-04-12)

Key Metrics

Cash Liquidation Value

Cash minus Total Obligations
Cash: $13.59B
Total Obligations: -$97.99B
$-84.41B
Per share: $-90.09
Period: 2025-12-31

Liquid Liquidation Value

Cash + AR minus Total Obligations
Cash: $13.59B
AR: $8.11B
Total Obligations: -$97.99B
$-76.30B
Per share: $-81.43
Period: 2025-12-31

Operating Liquidation Value

Cash + AR + Inventory minus Total Obligations
Cash: $13.59B
AR: $8.11B
Inventory: $1.22B
Total Obligations: -$97.99B
$-75.08B
Per share: $-80.13
Period: 2025-12-31

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Liquidation Ladder

MetricTotalPer Share
Cash Liquidation Value$-84.41B$-90.09
Liquid Liquidation Value$-76.30B$-81.43
Operating Liquidation Value$-75.08B$-80.13

Key Components (as of 2025-12-31)

Cash & Equivalents$13.59B
Accounts Receivable$8.11B
Inventory$1.22B
Current Liabilities$38.66B
Long-term Debt$54.84B
Op. Lease Liability$3.35B
Finance Lease$1.15B
Shares Outstanding937.0M

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Historical

PeriodCashARInventoryAPCurr LiabLT DebtOp LeaseFin Lease
2025-12-31 $13.59B $8.11B $1.22B $4.76B $38.66B $54.84B $3.35B $1.15B
2025-09-30 $11.57B $5.53B $1.40B $3.87B $35.14B $55.17B $3.45B N/A
2025-06-30 $11.94B $5.97B $1.25B $3.97B $37.73B $55.22B $3.56B N/A
2025-03-31 $11.04B $5.86B $1.43B $3.58B $35.11B $56.37B $3.55B N/A
2024-12-31 $13.95B $6.80B $1.29B $4.03B $33.14B $49.88B $3.42B $1.00B
2024-09-30 $13.20B $5.39B $1.37B $3.27B $28.85B $52.98B $3.55B N/A
2024-06-30 $12.21B $5.77B $1.23B $3.63B $29.65B $52.93B $3.31B N/A
2024-03-31 $14.60B $6.04B $1.21B $3.59B $32.40B $54.03B $3.37B N/A

SEC Filings

PeriodFormFiledLink
2025-12-31 10-K 2026-02-24 View
2025-09-30 10-Q 2025-10-23 View
2025-06-30 10-Q 2025-07-24 View
2025-03-31 10-Q 2025-04-24 View
2024-12-31 10-K 2025-02-25 View
2024-09-30 10-Q 2024-10-30 View
2024-06-30 10-Q 2024-07-30 View
2024-03-31 10-Q 2024-04-30 View