Enigmatig maintains a conservative capital structure with a debt-to-equity ratio of 0.36 and a current ratio of 2.06, reflecting a strong liquidity position.
| Total Current Assets | 4.29M | 11.71M | 3.36M | 3.91M | 2.23M | 627.25K |
| Cash & Short-Term Investments | 3.38M | 10.24M | 1.59M | 2.35M | 447.88K | 332.87K |
| Cash Only | 3.38M | 10.24M | 1.59M | 1.19M | 447.88K | 332.87K |
| Short-Term Investments | 0 | 0 | 0 | 1.16M | 0 | 0 |
| Accounts Receivable | 677.54K | 1.16M | 1.62M | 1.44M | 1.67M | 194.22K |
| Days Sales Outstanding | 76 | 125.27 | 148.63 | 113.97 | 216.07 | 36.38 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - |
| Other Current Assets | 240.38K | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 1.24M | 2.42M | 127.19K | 120.03K | 226.25K | 376.21K |
| Property, Plant & Equipment | 1.06M | 728.84K | 105.64K | 94.11K | 180.55K | 324.33K |
| Fixed Asset Turnover | 9.42x | 4.64x | 37.56x | 48.95x | 15.63x | 6.01x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 181.19K | 1.69M | 21.55K | 25.91K | 45.7K | 46.72K |
| Total Assets | 5.54M | 14.13M | 3.48M | 4.03M | 2.45M | 1M |
| Asset Turnover | 1.22x | 0.24x | 1.14x | 1.14x | 1.15x | 1.94x |
| Asset Growth % | 217.85% | 305.63% | -13.49% | 64.15% | 144.46% | - |
| Total Current Liabilities | 2.08M | 1.41M | 1.67M | 3.21M | 2.75M | 1.28M |
| Accounts Payable | 384.82K | 259.79K | 327.99K | 352.06K | 403.86K | 53.84K |
| Days Payables Outstanding | 92.29 | 87.6 | 91.8 | 87.29 | 92.68 | 14.53 |
| Short-Term Debt | 219.51K | 233.34K | 45.68K | 1.06M | 715.35K | 238.28K |
| Deferred Revenue (Current) | 1.05M | 593.57K | 1.05M | 577.85K | 943.03K | 487.7K |
| Other Current Liabilities | 1.03M | 9.27K | -24.87K | 428.55K | 0 | 0 |
| Current Ratio | 2.06x | 8.31x | 2.01x | 1.22x | 0.81x | 0.49x |
| Quick Ratio | 2.06x | 8.31x | 2.01x | 1.22x | 0.81x | 0.49x |
| Cash Conversion Cycle | -16.29 | - | - | - | - | - |
| Total Non-Current Liabilities | 538K | 316.18K | 33.56K | 3.32K | 48.21K | 173.7K |
| Long-Term Debt | 0 | 316.18K | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 1.14M | 316.18K | 33.56K | 3.32K | 48.21K | 173.7K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | -5 | -316.18K | 0 | 0 | 0 | 0 |
| Total Liabilities | 2.62M | 1.73M | 1.7M | 3.21M | 2.8M | 1.45M |
| Total Debt | 1.05M | 865.71K | 137.8K | 1.14M | 883.93K | 550.03K |
| Net Debt | -2.32M | -9.38M | -1.46M | -53.48K | 436.05K | 217.16K |
| Debt / Equity | 0.36x | 0.07x | 0.08x | 1.40x | - | - |
| Debt / EBITDA | 0.43x | 1.99x | 0.12x | 0.72x | 2.90x | - |
| Net Debt / EBITDA | -0.95x | -21.60x | -1.30x | -0.03x | 1.43x | - |
| Interest Coverage | - | - | 210.75x | 435.96x | 42.68x | -49.19x |
| Total Equity | 2.92M | 12.41M | 1.78M | 812.68K | -344.81K | -446.89K |
| Equity Growth % | 601.08% | 596.72% | 119.09% | 335.69% | 22.84% | - |
| Book Value per Share | 0.12 | 0.44 | 0.06 | 0.03 | -0.01 | -0.02 |
| Total Shareholders' Equity | 2.92M | 12.41M | 1.78M | 812.68K | -344.81K | -446.89K |
| Common Stock | 50 | 43 | 50 | 50 | 50 | 50 |
| Retained Earnings | 2.75M | 1.61M | 1.52M | 698.09K | -436.34K | -574.04K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 45.13K | 87.34K | 143.87K | -2.79K | -25.84K | 9.78K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
Regulatory pipeline dependency
As reported in recent financial statements, EGG's total assets grew from $2.7M in 2024Q1 to $5.5M by 2025Q2, reflecting a significant strengthening of the firm's financial position that appears to be driven by successful business development and a pivot toward higher-margin regulatory advisory services.
The doubling of the asset base over five quarters suggests that the firm is successfully capturing market share in the Singapore-Hong Kong corridor. This trajectory indicates that the company is moving beyond its legacy corporate secretarial roots toward a more scalable and capital-efficient business model.
Based on the latest quarterly data, EGG maintains a current ratio of 2.06, providing a substantial buffer against operational volatility and ensuring the firm remains well-positioned to navigate the cyclical nature of fintech licensing demand in its core operating markets of Singapore and Hong Kong.
The consistent current ratio above 2.0 suggests that management is prioritizing liquidity over aggressive capital deployment. This conservative stance provides the firm with significant flexibility to weather potential regulatory shifts or to fund future strategic acquisitions without needing external financing.
According to the most recent balance sheet filings, EGG's debt-to-equity ratio remains low at 0.36, indicating that the firm relies almost exclusively on internally generated equity to fund its operations rather than debt, which minimizes interest rate risk and enhances the durability of its cash flows.
The modest increase in debt levels from $132.3K in 2024Q2 to $1.1M in 2025Q2 appears manageable given the firm's asset growth and strong cash position. This low leverage profile suggests that the company is not currently constrained by debt service obligations, allowing for greater operational autonomy.
As evidenced by the reported $1.1M in net PPE as of 2025Q2, EGG maintains an asset-light business model that is characteristic of high-margin consulting firms, with minimal reliance on physical capital to generate its core revenue streams in the regulatory and fintech advisory sectors.
The absence of goodwill on the balance sheet suggests that the firm's growth has been primarily organic rather than through expensive acquisitions. This lack of intangible asset bloat implies that the reported book value is a relatively accurate reflection of the firm's tangible net worth.
Quick answers to the most common questions about buying EGG stock.
As of 2025, Enigmatig Limited (EGG) had total assets of $14.1M including $11.7M in current assets.
Enigmatig Limited (EGG) carries total debt of $0.9M, offset by $10.2M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Enigmatig Limited (EGG) has total shareholders' equity (book value) of $12.4M ($0.44 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Enigmatig Limited (EGG) reported a current ratio of 8.31x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.