Scage Future (SCAG) Balance Sheet

NASDAQ: SCAGAssets, liabilities, debt and equity over 4 years.

SCAG balance sheet, FY2025

June 30, 2025 · U.S. dollars

$10.2M assets = $5.1M liabilities + $5.1M equity

Both columns are drawn to the same scale: what SCAG owns equals what it owes plus shareholders’ equity. Hover a block for its value.

SCAG financial health

Current ratio0.00

Tight · current assets cover current liabilities 0.00×

Debt / equity0.56

Moderate leverage · $0.56 of debt for each $1 of equity

Equity / assets50.1%

Equity-funded · of assets funded by shareholders

Cash / debt0.0%

Low cash cover · cash & short-term investments vs total debt

Goodwill & intangibles0.0%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal FY2025.

SCAG balance sheet trends, FY2022–FY2025

Scage Future American Depositary Shares balance sheet trends
Metric	Then	Latest	Change
Total assets	$6.7MFY2022	$10.2MFY2025	+15.3%/yr
Total liabilities	$16.9MFY2022	$5.1MFY2025	−32.9%/yr
Shareholders’ equity	−$10.1MFY2022	$5.1MFY2025	—
Cash & short-term investments	$77,175FY2022	$769FY2025	−78.5%/yr
Total debt	$3.1MFY2022	$2.9MFY2025	−2.5%/yr
Net cash (debt)	−$3.0MFY2022	−$2.9MFY2025	+$155,515
Working capital	$1.2MFY2022	−$5.1MFY2025	−$6.3M
Book value per share	−$0.14FY2022	−$0.36FY2024	—
Current ratio	1.38FY2022	0.00FY2025	−1.38
Shares outstanding	72.6MFY2022	72.6MFY2024	0.0%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

SCAG assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

SCAG liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

SCAG debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

SCAG balance sheet

Scage Future American Depositary Shares annual balance sheet
	FY2025	FY2024	FY2023	FY2022
Assets
Cash & short-term investments	$769	$2.0M	$172,703	$77,175
Cash & equivalents	$769	$2.0M	$172,703	$77,175
Receivables	$2.6M	$2.0M	$360,541	$317,673
Inventory	$1.0M	$1.7M	$3.0M	$2.5M
Other current assets	$0	$2.9M	$2.4M	$1.4M
Total current assets	$24,799	$8.6M	$6.0M	$4.3M
Property, plant & equipment (net)	$839,575	$1.4M	$2.3M	$2.3M
Goodwill & intangible assets	$0	$0	$0	$0
Long-term investments	$20.3M	$0	$0	$0
Other non-current assets	$0	$629,246	$78,734	$47,916
Total assets	$10.2M	$10.6M	$8.4M	$6.7M
Liabilities
Accounts payable	$2.7M	$221,097	$458,761	$516,171
Short-term debt	$2.9M	$9.5M	$2.5M	$1.6M
Deferred revenue	—	$597,451	$1.2M	$17,519
Total current liabilities	$5.1M	$12.7M	$7.2M	$3.1M
Long-term debt	$2.0M	$0	$863,945	$997,700
Lease obligations	$131,141	$254,350	$455,503	$741,184
Other long-term liabilities	$0	$24.2M	$18.9M	$12.8M
Total liabilities	$5.1M	$36.8M	$26.9M	$16.9M
Shareholders' equity
Common stock & paid-in capital	$10.2M	$1,048	$1,048	$1,048
Retained earnings (deficit)	−$5.1M	−$27.3M	−$19.6M	−$10.1M
Accumulated other comprehensive income	—	$1.3M	$1.2M	$50,410
Minority interest	$4.3M	$4.3M	−$165,562	−$137,766
Total shareholders' equity	$5.1M	−$26.0M	−$18.4M	−$10.1M
Key figures
Total debt	$2.9M	$9.6M	$3.6M	$3.1M
Net cash (debt)	−$2.9M	−$7.6M	−$3.5M	−$3.0M
Working capital	−$5.1M	−$4.1M	−$1.2M	$1.2M
Tangible book value	$5.1M	−$26.0M	−$18.4M	−$10.1M
Book value per share	—	−$0.36	−$0.25	−$0.14
Shares outstanding	—	72.6M	72.6M	72.6M
Current ratio	0.00	0.67	0.83	1.38
Quick ratio	0.51	0.32	0.07	0.13
Debt / equity	0.56	—	—	—
Equity / assets	50.1%	−246.3%	−219.8%	−151.0%

Scage Future American Depositary Shares quarterly balance sheet
	Jun '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23
Assets
Cash & short-term investments	$90,758	$769	$7,555	$2.0M	$5,436	$2.0M
Cash & equivalents	$90,758	$769	$7,555	$2.0M	$5,436	$2.0M
Receivables	$3.0M	$6.1M	$0	$2.0M	$0	$2.2M
Inventory	$1.0M	$1.5M	$0	$1.7M	$0	$3.1M
Other current assets	$900,023	$0	$38,424	$2.9M	$77,095	$1.3M
Total current assets	$5.0M	$24,799	$45,979	$8.6M	$82,531	$8.6M
Property, plant & equipment (net)	$839,575	$1.1M	$0	$1.4M	$0	$2.0M
Goodwill & intangible assets	$0	$0	$0	$0	$0	$0
Long-term investments	$20.3M	$20.0M	$0	$0	$0	$0
Other non-current assets	$292,814	$0	$26.1M	$629,246	$52.1M	$361,591
Total assets	$26.5M	$10.2M	$26.2M	$10.6M	$52.1M	$10.9M
Liabilities
Accounts payable	$2.7M	$6.0M	—	$221,097	—	$329,759
Short-term debt	$12.9M	$2.9M	$2.7M	$9.5M	$1.9M	$8.4M
Deferred revenue	$192,898	—	—	$597,451	—	$1.1M
Total current liabilities	$25.4M	$5.1M	$4.6M	$12.7M	$3.5M	$12.6M
Long-term debt	$2.0M	$2.0M	$0	$0	$0	$0
Lease obligations	$131,141	$220,201	—	$254,350	—	$343,174
Other long-term liabilities	$0	$19.4M	$0	$24.2M	$0	$20.1M
Total liabilities	$27.4M	$5.1M	$4.6M	$36.8M	$3.5M	$32.7M
Shareholders' equity
Common stock & paid-in capital	$7,224	$10.2M	$26.1M	$1,048	$52.1M	$1,048
Retained earnings (deficit)	−$40.2M	−$5.1M	−$4.5M	−$27.3M	−$3.4M	−$22.2M
Accumulated other comprehensive income	$900,287	—	—	$1.3M	—	$767,861
Minority interest	$4.3M	$4.3M	—	—	—	—
Total shareholders' equity	−$5.3M	$5.1M	$21.6M	−$26.0M	$48.6M	−$21.5M
Key figures
Total debt	$15.0M	$2.9M	$2.7M	$9.6M	$1.9M	$8.6M
Net cash (debt)	−$14.9M	−$2.9M	−$2.7M	−$7.6M	−$1.9M	−$6.6M
Working capital	−$20.4M	−$5.1M	−$4.5M	−$4.1M	−$3.4M	−$4.0M
Tangible book value	−$5.3M	$5.1M	$21.6M	−$26.0M	$48.6M	−$21.5M
Book value per share	−$0.07	—	—	—	—	—
Shares outstanding	72.2M	—	—	—	—	—
Current ratio	0.20	0.00	0.01	0.67	0.02	0.68
Quick ratio	0.12	1.19	0.00	0.32	0.00	0.33
Debt / equity	—	0.56	0.12	—	0.04	—
Equity / assets	−19.9%	50.1%	82.5%	−246.3%	93.3%	−196.3%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 31, 2024); data from EODHD.

SCAG financial position

At the end of fiscal 2025 (June 30, 2025), Scage Future had total assets of $10.2 million (down 3.1% from a year earlier), total liabilities of $5.1 million and shareholders' equity of $5.1 million. It held $0.0 million in cash and short-term investments against $2.9 million of debt, net debt of $2.9 million. Its current ratio was 0.00.

Related: SCAG income statement, SCAG cash flow statement, SCAG key metrics. See the SCAG stock overview for the latest quote and news.

SCAG balance sheet FAQ

What are Scage Future's total assets?

Scage Future reported total assets of $10.2 million at the end of fiscal 2025 (June 30, 2025), compared with $10.6 million a year earlier.

How much debt does Scage Future have?

Scage Future had $2.9 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.56.

How much cash does Scage Future have?

Scage Future held $0.0 million in cash and short-term investments at the end of fiscal 2025; with $2.9 million of debt that is net debt of $2.9 million.

What is Scage Future's book value?

Scage Future's shareholders' equity (book value) was $5.1 million at the end of fiscal 2025.

What is Scage Future's current ratio?

Scage Future had current assets of $0.0 million and current liabilities of $5.1 million, a current ratio of 0.00 (current liabilities exceed current assets).