The firm's financial stability is under extreme pressure, evidenced by a precarious cash position of only $546,288 which appears insufficient to support its ongoing operational requirements.
| Metric | Dec'24 | Dec'23 | Dec'22 |
|---|
| Total Current Assets | 1.99M | 261.88K | 436.1K |
| Cash & Short-Term Investments | 546.29K | 15.01K | 18.45K |
| Cash Only | 546.29K | 15.01K | 18.45K |
| Short-Term Investments | 0 | 0 | 0 |
| Accounts Receivable | 310.83K | 41.42K | 61.96K |
| Days Sales Outstanding | 478.68 | 117.62 | 31.62 |
| Inventory | 50.48K | 21.77K | 278.2K |
| Days Inventory Outstanding | 110.53 | 71.9 | 1.09K |
| Other Current Assets | 927.27K | 175.57K | 70K |
| Total Non-Current Assets | 2.31M | 2.29M | 3.02M |
| Property, Plant & Equipment | 222.44K | 184.69K | 759.21K |
| Fixed Asset Turnover | 1.07x | 0.70x | 0.94x |
| Goodwill | 0 | 0 | 0 |
| Intangible Assets | 2.08M | 2.11M | 2.27M |
| Long-Term Investments | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 |
| Total Assets | 4.29M | 2.56M | 3.46M |
| Asset Turnover | 0.06x | 0.05x | 0.21x |
| Asset Growth % | 67.94% | -26.15% | - |
| Total Current Liabilities | 5.81M | 5.05M | 5.26M |
| Accounts Payable | 19.78K | 190.86K | 314.34K |
| Days Payables Outstanding | 43.32 | 630.29 | 1.23K |
| Short-Term Debt | 5.48M | 4.09M | 4.29M |
| Deferred Revenue (Current) | 0 | 9.8K | 0 |
| Other Current Liabilities | 0 | 356K | 215.43K |
| Current Ratio | 0.34x | 0.05x | 0.08x |
| Quick Ratio | 0.33x | 0.05x | 0.03x |
| Cash Conversion Cycle | 545.9 | -440.77 | -109.45 |
| Total Non-Current Liabilities | 152.74K | 162.28K | 670.68K |
| Long-Term Debt | 0 | 0 | 0 |
| Capital Lease Obligations | 152.74K | 162.28K | 670.68K |
| Deferred Tax Liabilities | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 |
| Total Liabilities | 5.96M | 5.22M | 5.93M |
| Total Debt | 5.69M | 4.28M | 5.06M |
| Net Debt | 5.14M | 4.26M | 5.04M |
| Debt / Equity | - | - | - |
| Debt / EBITDA | - | - | - |
| Net Debt / EBITDA | - | - | - |
| Interest Coverage | -14.49x | -14.29x | -15.84x |
| Total Equity | -1.67M | -2.66M | -2.47M |
| Equity Growth % | 37.21% | -7.8% | - |
| Book Value per Share | -0.07 | -0.11 | -0.10 |
| Total Shareholders' Equity | -1.67M | -2.61M | -2.44M |
| Common Stock | 14.22K | 0 | 0 |
| Retained Earnings | -6.75M | -4.33M | -2.55M |
| Treasury Stock | 0 | 0 | 0 |
| Accumulated OCI | 39.28K | 12.57K | 3.84K |
| Minority Interest | 0 | -47.75K | -27.27K |
Severe liquidity and solvency
As reported in recent financial disclosures, TGHL's balance sheet reflects a highly vulnerable position, characterized by a lack of historical data and an urgent need for capital to support its 84% revenue growth trajectory while managing significant operational losses that threaten long-term business viability.
The absence of multi-period balance sheet data suggests that the company is in a nascent, high-risk stage of development. Investors should monitor whether the current trajectory of aggressive revenue expansion can be sustained without a fundamental restructuring of the underlying capital base.
Based on the company's reported figures, TGHL maintains a cash position of only $546,288, which appears insufficient to cover the substantial operating expenses required to sustain its dual-track business model of physical commodity trading and software development in the current high-cost environment.
The limited cash buffer suggests that the company may face immediate liquidity challenges if revenue growth does not translate into positive cash flow. This precarious position warrants further investigation into the firm's access to external financing and its ability to manage short-term obligations.
According to the provided financial intelligence, the company's asset base is likely dominated by physical inventory and nascent software IP, creating a complex valuation profile that deviates significantly from pure-play technology firms and introduces substantial risks related to inventory management and potential impairment.
The integration of physical trading assets with intangible software development costs suggests that the asset quality is highly dependent on the success of the GrowHub platform. Analysts should be wary of the potential for asset impairment if the software segment fails to achieve the necessary scale to justify its carrying value.
As indicated by the company's financial structure, the bundling of low-margin physical trading with high-growth software initiatives may mask the true extent of the firm's solvency risk, as the operational drag from the trading arm likely consumes capital intended for technological innovation.
This structural distortion suggests that headline growth figures may be misleading, as they do not account for the capital-intensive nature of the physical trading segment. Investors should consider whether the company's reliance on this hybrid model creates an unsustainable drain on its limited financial resources.
Quick answers to the most common questions about buying TGHL stock.
As of 2024, The GrowHub Limited Class A Ordinary Shares (TGHL) had total assets of $4.3M including $2.0M in current assets.
The GrowHub Limited Class A Ordinary Shares (TGHL) carries total debt of $5.7M, offset by $0.5M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
The GrowHub Limited Class A Ordinary Shares (TGHL) has total shareholders' equity (book value) of $-1.7M ($-0.07 book value per share). Book value represents the net worth of the company belonging to common stock holders.
The GrowHub Limited Class A Ordinary Shares (TGHL) reported a current ratio of 0.34x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.