The company's financial position has weakened significantly, with equity compressing to $9.1M in 2026Q3 alongside a debt-to-equity ratio of 0.01.
| Metric | TTM | Jun'25 | Jun'24 | Jun'23 | Jun'22 | Jun'21 | Jun'20 | Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 | Jun'09 | Jun'08 | Jun'07 | Jun'06 |
|---|
| Total Current Assets | 21.87M | 18.13M | 18.25M | 18.19M | 63.17M | 46.87M | 1.91M | 15.95M | 23.83M | 16.75M | 8.65M | 8.11M | 5.24M | 7.15M | 9.79M | 7.99M | 9.07M | 10.73M | 11.23M | 3.29M | 1.59M |
| Cash & Short-Term Investments | 136.44K | 17.65M | 14.64M | 17.46M | 55.92M | 45.1M | 131.18K | 3.14M | 7.1M | 8.73M | 1.39M | 730.32K | 902.53K | 3.05M | 4.43M | 4.88M | 5.93M | 7.26M | 9.6M | 526.09K | 356.03K |
| Cash Only | 136.44K | 17.65M | 14.64M | 17.39M | 55.83M | 44.84M | 131.18K | 3.14M | 7.1M | 8.73M | 1.39M | 730.32K | 902.53K | 3.05M | 4.43M | 4.88M | 5.93M | 7.26M | 9.6M | 526.09K | 356.03K |
| Short-Term Investments | 0 | 0 | 0 | 72.18K | 90.46K | 261.34K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 153.44K | 429.29K | 267.78K | 273.49K | 685.72K | 546.7K | 1.64M | 8.34M | 10.59M | 4.32M | 4.25M | 6.06M | 3.83M | 3.83M | 4.17M | 2.27M | 2.35M | 3.05M | 1.48M | 2.16M | 811.13K |
| Days Sales Outstanding | 57.7 | 86.42 | 31.16 | 21.99 | 62.75 | 38.74 | 91.75 | 72.84 | 167.53 | 137.83 | 212.02 | 195.35 | 120.06 | 80.57 | 44.89 | 25.11 | 31.94 | 60.67 | 35.78 | 78.12 | 33.17 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 880K | 97.8K | 4.36M | 5.56M | 3.39M | 2.19M | 50.98K | 0 | 258.06K | 202.36K | 0 | 0 | 0 | 30.45K | 599.62K | 288.87K |
| Days Inventory Outstanding | - | - | - | - | - | 64.57 | 9.7 | 44.21 | 130.2 | 248.28 | 214.13 | 3.13 | - | 6.12 | 2.37 | - | - | - | 0.9 | 29.14 | 16.5 |
| Other Current Assets | 21.58M | 53.15K | 3.09M | 240.12K | 353.98K | -549.94K | -7.42K | 105.05K | 588.44K | 311.14K | 826.63K | 1.27M | 497.53K | 12.49K | 257.26K | 203.45K | 211.11K | 391.52K | 114.57K | 0 | 134.75K |
| Total Non-Current Assets | 45.56K | 94.56K | 480.52K | 1.05M | 1.68M | 1.29M | 3.82M | 4.65M | 2.33M | 1.06M | 402.16K | 3.7M | 475.36K | 391.04K | 790.13K | 1.07M | 1.21M | 1.13M | 1.16M | 467.22K | 214.9K |
| Property, Plant & Equipment | 45.56K | 84.37K | 281.97K | 808.33K | 1.28M | 1.17M | 823.4K | 989.91K | 956.43K | 187.37K | 176.37K | 214K | 294.72K | 267.66K | 415.67K | 587.02K | 754.03K | 972.93K | 1.07M | 467.22K | 214.9K |
| Fixed Asset Turnover | 20.45x | 21.49x | 11.12x | 5.61x | 3.11x | 4.38x | 7.94x | 42.20x | 24.12x | 61.08x | 41.45x | 52.90x | 39.51x | 64.75x | 81.51x | 56.11x | 35.60x | 18.84x | 14.12x | 21.60x | 41.53x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 26.39K | 89.72K | 153.06K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 162.83K | 0 | 59.87K | 0 | 0 | 0 | 46.81K | 0 | 0 | 0 | 0 | 186.51K | 236.57K | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 10.19K | 198.55K | 236.77K | 237.75K | 115.97K | 2.97M | 3.57M | 581.45K | 124.36K | 178.98K | 3.21M | 16.73K | 18.28K | 30.46K | 42.92K | 52.19K | 126.16K | 92.19K | 0 | 0 |
| Total Assets | 21.92M | 18.23M | 18.73M | 19.24M | 64.85M | 48.16M | 5.74M | 20.6M | 26.16M | 17.82M | 9.05M | 11.81M | 5.71M | 7.54M | 10.58M | 9.05M | 10.28M | 11.86M | 12.39M | 3.75M | 1.81M |
| Asset Turnover | 0.07x | 0.10x | 0.17x | 0.24x | 0.06x | 0.11x | 1.14x | 2.03x | 0.88x | 0.64x | 0.81x | 0.96x | 2.04x | 2.30x | 3.20x | 3.64x | 2.61x | 1.55x | 1.22x | 2.69x | 4.94x |
| Asset Growth % | 22.57% | -2.67% | -2.65% | -70.33% | 34.66% | 739.27% | -72.14% | -21.25% | 46.82% | 96.77% | -23.34% | 106.7% | -24.18% | -28.75% | 16.82% | -11.94% | -13.31% | -4.27% | 230.12% | 107.82% | - |
| Total Current Liabilities | 13.4M | 7.27M | 5.34M | 5.03M | 25.21M | 5.34M | 5.81M | 5.24M | 6.62M | 3.09M | 2.44M | 1.91M | 1.23M | 4.4M | 8.03M | 3.88M | 4.02M | 4.48M | 2.39M | 1.79M | 1.26M |
| Accounts Payable | 404.32K | 701.08K | 566.77K | 494.33K | 508.52K | 574.86K | 487.69K | 567.62K | 3.23M | 206.21K | 489.49K | 691.59K | 398.76K | 3.22M | 7.47M | 2.91M | 3.48M | 3.02M | 1.05M | 861.56K | 212.17K |
| Days Payables Outstanding | 137.51 | 145.25 | 57.23 | 45.21 | 44.87 | 42.18 | 48.39 | 5.75 | 75.54 | 15.11 | 47.8 | 42.52 | 19.12 | 76.29 | 87.4 | 35.9 | 53.7 | 70.01 | 31.07 | 41.88 | 12.12 |
| Short-Term Debt | 45.56K | 999.94K | 0 | 0 | 0 | 3.04K | 330.42K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28.45K | 0 | 0 |
| Deferred Revenue (Current) | 136.9K | 0 | 66.42K | 66.53K | 6.96M | 471.52K | 67.08K | 68.59K | 415.38K | 369.72K | 24.37K | 126.2K | 88.48K | 710.17K | 303.44K | 710.89K | 355.94K | 686.59K | 955.32K | 0 | 0 |
| Other Current Liabilities | 12.91M | 3.15M | 0 | 35.1K | 9.21K | 4.1M | 1.64M | 3.18M | 0 | 2.09M | 1.64M | 332.52K | 565.68K | 424.14K | 169.63K | 173.25K | 104.64K | 1.31M | 1.07M | 809.92K | 909.18K |
| Current Ratio | 1.63x | 2.49x | 3.42x | 3.62x | 2.51x | 8.77x | 0.33x | 3.04x | 3.60x | 5.43x | 3.55x | 4.23x | 4.26x | 1.62x | 1.22x | 2.06x | 2.26x | 2.40x | 4.70x | 1.84x | 1.27x |
| Quick Ratio | 1.63x | 2.49x | 3.42x | 3.62x | 2.51x | 8.61x | 0.31x | 2.21x | 2.76x | 4.33x | 2.65x | 4.21x | 4.26x | 1.56x | 1.19x | 2.06x | 2.26x | 2.40x | 4.69x | 1.50x | 1.04x |
| Cash Conversion Cycle | -79.81 | - | - | - | - | 61.13 | 53.06 | 111.3 | 222.18 | 371 | 378.35 | 155.96 | - | 10.4 | -40.14 | - | - | - | 5.61 | 65.39 | 37.55 |
| Total Non-Current Liabilities | 466.32K | 497.4K | 131.35K | 5.25M | 5.85M | 390.33K | 287.14K | 0 | 3.64M | 575.93K | 513.86K | 817.79K | 487.23K | 3.93M | 7.77M | 3.62M | 3.48M | 3.02M | 38.98K | 861.56K | 212.17K |
| Long-Term Debt | 0 | 466.32K | 0 | 5M | 5M | 152.37K | 154.44K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38.98K | 0 | 0 |
| Capital Lease Obligations | 46.2K | 31.08K | 131.35K | 245.17K | 846.87K | 237.96K | 132.7K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 344K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 466.32K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -344K | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 13.87M | 7.77M | 5.47M | 10.28M | 31.06M | 5.73M | 6.1M | 5.24M | 6.62M | 3.09M | 2.44M | 1.91M | 1.23M | 4.4M | 8.03M | 3.88M | 4.02M | 4.48M | 2.43M | 1.79M | 1.26M |
| Total Debt | 45.56K | 1.55M | 308.62K | 5.58M | 6.32M | 585.4K | 821.95K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 67.43K | 0 | 0 |
| Net Debt | -90.87K | -16.1M | -14.33M | -11.81M | -49.51M | -44.25M | 690.77K | -3.14M | -7.1M | -8.73M | -1.39M | -730.32K | -902.53K | -3.05M | -4.43M | -4.88M | -5.93M | -7.26M | -9.54M | -526.09K | -356.03K |
| Debt / Equity | 0.01x | 0.15x | 0.02x | 0.62x | 0.19x | 0.01x | - | - | - | - | - | - | - | - | - | - | - | - | 0.01x | - | - |
| Debt / EBITDA | -0.01x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.20x | - | - |
| Net Debt / EBITDA | 0.01x | - | - | - | - | - | - | - | -7.77x | -2.77x | - | -0.62x | -1.98x | - | - | - | - | - | -27.70x | -0.39x | -0.55x |
| Interest Coverage | -20.20x | -21.44x | - | - | -32.08x | - | - | -30.84x | - | - | -5.21x | - | 5.98x | -139.61x | -329.06x | - | -42.55x | -21.62x | - | 15.36x | 9.47x |
| Total Equity | 8.05M | 10.46M | 13.25M | 8.96M | 33.79M | 42.42M | -357.9K | 15.36M | 19.54M | 14.73M | 6.62M | 9.9M | 4.48M | 3.13M | 2.54M | 5.18M | 6.26M | 7.38M | 9.96M | 1.96M | 548.33K |
| Equity Growth % | -203.55% | -21.1% | 47.91% | -73.48% | -20.36% | 11953.64% | -102.33% | -21.37% | 32.63% | 122.61% | -33.14% | 120.75% | 43.17% | 23.08% | -50.84% | -17.36% | -15.17% | -25.9% | 407.3% | 258.15% | - |
| Book Value per Share | 1.48 | 2.82 | 5.32 | 3.07 | 11.58 | 14.54 | -0.10 | 4.88 | 8.12 | 8.23 | 3.82 | 7.68 | 4.75 | 3.33 | 4.38 | 8.91 | 10.74 | 12.36 | 25.24 | 5.46 | 1.52 |
| Total Shareholders' Equity | 9.13M | 12.47M | 16M | 11.18M | 35.93M | 49.84M | 6.18M | 20.53M | 24.35M | 19.5M | 11.42M | 14.61M | 9.18M | 6.71M | 5.29M | 6.83M | 7.51M | 7.93M | 9.7M | 1.66M | 614.69K |
| Common Stock | 107.62M | 105.33M | 104.19M | 94.33M | 96.13M | 82.56M | 28.41M | 26.52M | 23.72M | 20.54M | 15.5M | 16.3M | 11.66M | 10.75M | 7.71M | 7.71M | 7.71M | 7.71M | 7.71M | 1.88K | 1.88K |
| Retained Earnings | -100.22M | -94.6M | -90.68M | -85.58M | -62.58M | -34.32M | -23.42M | -6.97M | -434.86K | -893.91K | -4.52M | -2.55M | -3.27M | -4.86M | -3.06M | -1.29M | -425.45K | 111.33K | 1.79M | 1.65M | 612.81K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -417.54K | -417.54K | -417.54K | -417.54K | -372.53K | -372.53K | -372.53K | -372.53K | -372.53K | -372.53K | -285.9K | 0 | 0 | 0 |
| Accumulated OCI | -604.76K | -596.91K | 159.27K | 90.24K | 45.74K | -729.1K | -1.08M | -671.11K | -272.41K | -414.56K | -280.91K | 91.43K | 24.62K | 54.79K | 16.71K | -9.02K | -4.62K | -13.4K | -1.29M | 0 | 0 |
| Minority Interest | -1.08M | -2.02M | -2.75M | -2.22M | -2.14M | -7.42M | -6.54M | -5.17M | -4.81M | -4.77M | -4.81M | -4.71M | -4.69M | -3.57M | -2.74M | -1.66M | -1.24M | -542.48K | 260K | 308.61K | -66.36K |
Rapid cash runway depletion
As reported in recent financial filings, SGLY's total assets have fluctuated significantly, peaking at $21.9M in 2026Q3 while equity has simultaneously compressed to $9.1M, signaling a weakening financial position as the company attempts to transition its business model away from legacy logistics operations.
The volatility in asset composition suggests that the company is struggling to maintain a stable capital base during its strategic pivot. Investors should monitor the persistent decline in retained earnings, which have reached -$100.2M, indicating that historical capital allocation has failed to generate sustainable shareholder value.
Based on the company's reported figures, cash reserves plummeted from $17.7M in 2025Q4 to a mere $136.4K by 2026Q3, representing a critical contraction in the firm's liquidity buffer and raising significant concerns regarding its ability to fund ongoing operations without further external capital infusions.
The current ratio of 1.63 provides a superficial appearance of stability, yet the underlying cash depletion suggests that the company's liquidity is highly fragile. This rapid burn rate implies that the firm may face imminent financing risks if the new technology initiatives do not achieve immediate, meaningful revenue generation.
According to the balance sheet data, SGLY's equity base has experienced extreme volatility, dropping from $16.9M in 2024Q3 to $9.1M in 2026Q3, a trend largely driven by the accumulation of massive losses that continue to erode the company's book value over time.
The absence of retained earnings growth highlights a fundamental inability to reinvest profits into the business, forcing a reliance on equity-based financing or asset liquidation. This structural weakness suggests that the company's equity is currently serving as a cushion for operational losses rather than a foundation for future growth.
As evidenced by the provided financial statements, the company's reliance on non-productive assets and the absence of meaningful goodwill or intangible assets suggest that the reported $21.9M in total assets may be overstated relative to their actual liquidation value in a distressed scenario.
The rapid shift in debt levels, which spiked to $12.5M in 2026Q2 before retreating, indicates an erratic approach to capital structure management that warrants further investigation. The lack of tangible, revenue-generating assets suggests that the balance sheet is highly susceptible to impairment risks as the company pivots toward speculative technology ventures.
Quick answers to the most common questions about buying SGLY stock.
As of 2025, Singularity Future Technology Ltd. (SGLY) had total assets of $18.2M including $18.1M in current assets.
Singularity Future Technology Ltd. (SGLY) carries total debt of $1.6M, offset by $17.7M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Singularity Future Technology Ltd. (SGLY) has total shareholders' equity (book value) of $12.5M ($2.82 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Singularity Future Technology Ltd. (SGLY) reported a current ratio of 2.49x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.