The company maintains a disciplined financial position with a low debt-to-equity ratio of 0.06, though total assets have expanded rapidly to $116.6M, largely driven by a $40.5M investment in net PPE.
| Total Current Assets | 24.73M | 12.93M | 10.03M | 2.85M |
| Cash & Short-Term Investments | 10.86M | 474.72K | 823.52K | 229.27K |
| Cash Only | 10.86M | 474.72K | 823.52K | 229.27K |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Accounts Receivable | 10.11M | 10.5M | 6.49M | 2.22M |
| Days Sales Outstanding | 50.28 | 73.7 | 80.91 | 62.41 |
| Inventory | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - |
| Other Current Assets | 4 | 1.94M | 1.6M | 329.16K |
| Total Non-Current Assets | 91.88M | 14.42M | 11.27M | 9.99M |
| Property, Plant & Equipment | 40.48M | 13.79M | 10.56M | 9.99M |
| Fixed Asset Turnover | 1.81x | 3.77x | 2.77x | 1.30x |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 633.48K | 711.07K | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 51.4M | 0 | 0 | 0 |
| Total Assets | 116.61M | 27.35M | 21.3M | 12.84M |
| Asset Turnover | 0.63x | 1.90x | 1.37x | 1.01x |
| Asset Growth % | 326.28% | 28.43% | 65.82% | - |
| Total Current Liabilities | 8.75M | 6.43M | 7.77M | 3.64M |
| Accounts Payable | 334.9K | 0 | 423.79K | 487.95K |
| Days Payables Outstanding | 2.14 | - | 7.33 | 22.38 |
| Short-Term Debt | 1.5M | 841.07K | 1.65M | 991.45K |
| Deferred Revenue (Current) | 0 | 0 | 2.69M | 867.71K |
| Other Current Liabilities | 1.18M | 441.35K | 494.28K | 92.68K |
| Current Ratio | 2.83x | 2.01x | 1.29x | 0.78x |
| Quick Ratio | 2.83x | 2.01x | 1.29x | 0.78x |
| Cash Conversion Cycle | - | - | - | - |
| Total Non-Current Liabilities | 5.9M | 3.54M | 3.31M | 1.32M |
| Long-Term Debt | 3.86M | 2.53M | 2.33M | 448.87K |
| Capital Lease Obligations | 1.04M | 109.81K | 162.58K | 101.38K |
| Deferred Tax Liabilities | 1M | 907.4K | 823.94K | 767.26K |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 |
| Total Liabilities | 14.64M | 9.97M | 11.08M | 4.95M |
| Total Debt | 6.39M | 3.53M | 4.18M | 1.69M |
| Net Debt | -4.47M | 3.06M | 3.36M | 1.46M |
| Debt / Equity | 0.06x | 0.20x | 0.41x | 0.21x |
| Debt / EBITDA | 0.54x | 0.31x | 0.53x | 0.36x |
| Net Debt / EBITDA | -0.38x | 0.27x | 0.43x | 0.31x |
| Interest Coverage | 35.18x | 37.38x | 37.62x | 89.16x |
| Total Equity | 101.96M | 17.38M | 10.22M | 7.89M |
| Equity Growth % | 486.52% | 70.12% | 29.49% | - |
| Book Value per Share | 5.19 | 1.39 | 0.81 | 0.73 |
| Total Shareholders' Equity | 101.16M | 16.79M | 9.87M | 6.76M |
| Common Stock | 78.44M | 1.15M | 1.15M | 2.52M |
| Retained Earnings | 22.72M | 12.37M | 5.44M | 961.96K |
| Treasury Stock | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 3.28M | 3.28M | 3.28M |
| Minority Interest | 800.2K | 592.07K | 352.97K | 1.13M |
Hardware-heavy asset intensity
According to recent financial statements, SAGT's total assets surged from $27.4M in 2024Q4 to $116.6M by 2025Q4, a rapid expansion that appears driven by aggressive capital deployment into physical hardware rather than organic growth in retained earnings or high-margin software intellectual property.
The significant jump in the asset base suggests a pivot toward a more capital-intensive business model, which may complicate future scalability. Investors should monitor whether this asset accumulation translates into sustainable revenue growth or if it merely increases the company's depreciation burden over the coming quarters.
Based on the reported figures, net PPE has climbed to $40.5M as of 2025Q4, representing a substantial portion of the total asset base and confirming that SAGT's operational footprint is increasingly tethered to physical kiosks and charging infrastructure rather than scalable software assets.
This heavy reliance on physical hardware suggests that the company's competitive moat is vulnerable to the rapid obsolescence of its installed base. The absence of significant goodwill on the balance sheet as of 2025Q4 further implies that the company's value is derived from tangible equipment that requires ongoing maintenance and replacement.
As reported in quarterly filings, SAGT's cash position fluctuated from a low of $474.7K in 2024Q4 to $10.9M in 2025Q4, indicating that liquidity is highly sensitive to the timing of hardware deployment cycles and potential capital raises rather than consistent operational cash flow generation.
While the current ratio of 2.83 suggests a comfortable short-term cushion, the erratic nature of these cash balances warrants caution regarding the company's ability to fund operations during periods of slower hardware sales. The lack of deferred revenue on the balance sheet as of 2025Q4 further suggests a reliance on upfront transactional revenue.
Based on the company's reported figures, SAGT maintains a low debt-to-equity ratio of 0.06% as of 2025Q4, reflecting a disciplined approach to financing that has kept the balance sheet relatively unencumbered despite the aggressive expansion of the company's physical asset footprint.
This minimal reliance on debt appears to be a strategic choice to mitigate interest rate risk, though it may limit the company's ability to leverage its balance sheet for larger-scale acquisitions. The current debt structure suggests that the company is primarily funding its growth through equity or internal cash flows, which may be less efficient in a high-growth phase.
As indicated by the shift in the balance sheet, the total elimination of goodwill by 2025Q4, down from $7.4M in 2025Q2, suggests potential write-downs or a change in accounting treatment that may mask underlying challenges in the integration of acquired hardware-focused business units.
The disappearance of goodwill warrants further investigation into whether the company is effectively managing its past acquisitions or if it is struggling to realize the expected synergies from its hardware-heavy strategy. Investors should be wary of whether this balance sheet cleanup reflects a genuine improvement in asset quality or a temporary accounting adjustment.
Quick answers to the most common questions about buying SAGT stock.
As of 2025, SAGTEC GLOBAL Ltd (SAGT) had total assets of $116.6M including $24.7M in current assets.
SAGTEC GLOBAL Ltd (SAGT) carries total debt of $6.4M, offset by $10.9M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
SAGTEC GLOBAL Ltd (SAGT) has total shareholders' equity (book value) of $101.2M ($5.19 book value per share). Book value represents the net worth of the company belonging to common stock holders.
SAGTEC GLOBAL Ltd (SAGT) reported a current ratio of 2.83x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.