Astra Energy Inc Financials
Astra Energy Inc (ASRE) reported $0 in revenue for fiscal year 2024. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Astra Energy’s visible mechanic is losses that scarcely use cash alongside a liability-funded balance sheet that leaves little cushion.
By FY2024, operating cash flow was nearly flat at-$32K even though net income was still-$3.5M , showing reported losses were much larger than cash consumption. That gap matters because interest expense reached$1.9M while the operating loss was-$2.3M , so financing costs were almost as large as the core-business deficit.
The balance sheet grew to
Operating loss improved from
Financial Health Signals
Astra Energy Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Astra Energy Inc scores -7.58, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($75K) relative to total liabilities ($11.7M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Astra Energy Inc passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Astra Energy Inc reported a net loss of $3.5M while operations used $32K of cash. With neither figure positive, the ratio between the two carries no quality signal.
Astra Energy Inc reported an operating loss of $2.3M against $1.9M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Astra Energy Inc generated $0 in revenue in fiscal year 2024.
Astra Energy Inc's EBITDA was -$2.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 32.4% from the prior year.
Astra Energy Inc reported -$3.5M in net income in fiscal year 2024. This represents an increase of 66.6% from the prior year.
Astra Energy Inc earned -$0.05 per diluted share (EPS) in fiscal year 2024. This represents an increase of 66.7% from the prior year.
Cash & Balance Sheet
Astra Energy Inc held $23K in cash as of fiscal year 2024; long-term debt is not reported for that period.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Margins & Returns
Astra Energy Inc's ROE was -967.3% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 371.2 percentage points from the prior year.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Capital Allocation
None of these metrics is reported for fiscal year 2024.
ASRE Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|
| Revenue | N/A | $0 | $0-100.0% | $25K | $0 |
| SG&A Expenses | N/A | $333K+162.1% | $127K-29.1% | $179K+96.5% | $91K |
| Operating Income | N/A | -$2.3M+29.8% | -$3.3M | N/A | N/A |
| Interest Expense | N/A | $1.9M+13820.1% | $14K+388.3% | $3K | $0 |
| Income Tax | N/A | $0 | $0 | $0 | $0 |
| Net Income | N/A | -$3.5M+66.6% | -$10.4M | N/A | N/A |
| EPS (Diluted) | — | -$0.05+66.7% | -$0.15 | N/A | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
TTM is the trailing twelve months, Q4 FY2024 through Q3 FY2025, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
ASRE Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|
| Total Assets | $12.0M+59.0% | $7.6M+1823.3% | $393K+315.2% | $95K |
| Current Assets | $3.0M+12800.4% | $23K-94.1% | $393K+315.2% | $95K |
| Cash & Equivalents | $23K-1.0% | $23K-88.3% | $199K+109.9% | $95K |
| Inventory | N/A | N/A | N/A | $0 |
| Accounts Receivable | $240K | $0 | N/A | N/A |
| Total Liabilities | $11.7M+100.7% | $5.8M+132.9% | -$17.7M-12319.6% | $145K |
| Current Liabilities | $7.1M+531.6% | $1.1M+151.6% | $447K+209.4% | $145K |
| Total Equity | $361K-79.4% | $1.7M-90.3% | $18.1M+36360.1% | -$50K |
| Retained Earnings | -$56.1M-6.6% | -$52.7M-24.7% | -$42.2M-41.3% | -$29.9M |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
ASRE Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$99K | -$32K+94.6% | -$593K+44.8% | -$1.1M-132.8% | -$461K |
| Investing Cash Flow | -$125K | -$21K | $0 | $0 | $0 |
| Financing Cash Flow | $207K | $52K-87.5% | $418K-64.6% | $1.2M | N/A |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
TTM is the trailing twelve months, Q4 FY2024 through Q3 FY2025, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
ASRE Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|
| Return on Equity | -967.3%-371.2pp | -596.0% | N/A | N/A |
| Return on Assets | -29.0%+108.9pp | -137.8% | N/A | N/A |
| Current Ratio | 0.42+0.4x | 0.02-0.9x | 0.88+0.2x | 0.66 |
| Debt-to-Equity | 32.37+29.0x | 3.32 | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, FCF Margin.
Note: The current ratio is below 1.0 (0.42), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Astra Energy Inc Ranks
Frequently Asked Questions
What is Astra Energy Inc's annual revenue?
Astra Energy Inc (ASRE) reported $0 in total revenue for fiscal year 2024. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Astra Energy Inc profitable?
No, Astra Energy Inc (ASRE) reported a net income of -$3.5M in fiscal year 2024.
What is Astra Energy Inc's EBITDA?
Astra Energy Inc (ASRE) had EBITDA of -$2.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Astra Energy Inc's return on equity (ROE)?
Astra Energy Inc (ASRE) has a return on equity of -967.3% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Astra Energy Inc's operating cash flow?
Astra Energy Inc (ASRE) recorded an outflow of $32K in operating cash flow during fiscal year 2024, representing cash used by core business activities.
What are Astra Energy Inc's total assets?
Astra Energy Inc (ASRE) had $12.0M in total assets as of fiscal year 2024, including both current and long-term assets.
What is Astra Energy Inc's current ratio?
Astra Energy Inc (ASRE) had a current ratio of 0.42 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Astra Energy Inc's debt-to-equity ratio?
Astra Energy Inc (ASRE) had a debt-to-equity ratio of 32.37 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Astra Energy Inc's return on assets (ROA)?
Astra Energy Inc (ASRE) had a return on assets of -29.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Astra Energy Inc's cash runway?
Based on fiscal year 2024 data, Astra Energy Inc (ASRE) had $23K in cash against an annual operating cash burn of $32K. This gives an estimated cash runway of approximately 9 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Astra Energy Inc's Altman Z-Score?
Astra Energy Inc (ASRE) has an Altman Z-Score of -7.58, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Astra Energy Inc's Piotroski F-Score?
Astra Energy Inc (ASRE) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Astra Energy Inc's earnings high quality?
Astra Energy Inc (ASRE) reported a net loss of $3.5M while operations used $32K of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Astra Energy Inc cover its interest payments?
Astra Energy Inc (ASRE) reported an operating loss of $2.3M against $1.9M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.