Singularity Future Technology Balance Sheet Health
Financial Health criteria checks 6/6
Singularity Future Technology has a total shareholder equity of $12.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $18.9M and $6.8M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$14.61m |
| Equity | US$12.12m |
| Total liabilities | US$6.81m |
| Total assets | US$18.93m |
Recent financial health updates
Recent updates
We're Hopeful That Singularity Future Technology (NASDAQ:SGLY) Will Use Its Cash Wisely
Sep 01
Singularity Looks Overvalued Based On Fundamentals And Its Partners Are In Trouble
Mar 29Is Singularity Future Technology (NASDAQ:SGLY) Using Debt Sensibly?
Feb 23Can You Imagine How Jubilant Sino-Global Shipping America's (NASDAQ:SINO) Shareholders Feel About Its 230% Share Price Gain?
Feb 04Sino-Global announces letter of intent to acquire Shenzhen Jiayoubao Mobile Internet
Dec 08Financial Position Analysis
Short Term Liabilities: SGLY's short term assets ($18.6M) exceed its short term liabilities ($6.7M).
Long Term Liabilities: SGLY's short term assets ($18.6M) exceed its long term liabilities ($91.1K).
Debt to Equity History and Analysis
Debt Level: SGLY is debt free.
Reducing Debt: SGLY had no debt 5 years ago.
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: SGLY has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SGLY has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 19.9% each year