Advanced Systems Automation Limited

Catalist:WJ9 Stock Report

Market Cap: S$11.8m

Advanced Systems Automation Balance Sheet Health

Financial Health criteria checks 2/6

Advanced Systems Automation has a total shareholder equity of SGD-7.7M and total debt of SGD7.2M, which brings its debt-to-equity ratio to -93%. Its total assets and total liabilities are SGD16.7M and SGD24.4M respectively.

Key information

-93.0%

Debt to equity ratio

S$7.17m

Debt

Interest coverage ration/a
CashS$3.83m
Equity-S$7.70m
Total liabilitiesS$24.36m
Total assetsS$16.66m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: WJ9 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: WJ9 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: WJ9 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: WJ9's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable WJ9 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: WJ9 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 47% per year.


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