Metal Sky Star Acquisition Corporation Financials
This page shows Metal Sky Star Acquisition Corporation (MSSAF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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).
Financial Health Signals
Metal Sky Star Acquisition Corporation passes 3 of 9 financial strength tests. All 2 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass.
Metal Sky Star Acquisition Corporation earns $-0.5 in operating income for every $1 of interest expense (-$803K vs $1.7M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Metal Sky Star Acquisition Corporation reported $923K in net income in fiscal year 2024. This represents a decrease of 57.1% from the prior year.
Metal Sky Star Acquisition Corporation held $0 in cash against $0 in long-term debt as of fiscal year 2024.
Metal Sky Star Acquisition Corporation had 4M shares outstanding in fiscal year 2024. This represents an increase of 17.2% from the prior year.
Metal Sky Star Acquisition Corporation spent $31.1M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 64.0% from the prior year.
MSSAF Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | -$224K | N/A | -$330K-344.5% | -$74K+54.2% | -$162K | N/A |
| Interest Expense | N/A | $25K-45.8% | $46K | N/A | $332K+6.4% | $312K+3.2% | $302K | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$93K+53.2% | -$198K-29.3% | -$153K | N/A | $144K-63.2% | $392K+32.0% | $297K | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
MSSAF Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $984K+14.0% | $863K-87.6% | $7.0M+4.2% | $6.7M-82.1% | $37.3M+1.5% | $36.7M+1.8% | $36.1M+2.0% | $35.4M |
| Current Assets | $63K+4415.7% | $1K-97.9% | $67K+964.7% | $6K-78.3% | $29K-36.2% | $46K+7500.0% | $600-68.0% | $2K |
| Cash & Equivalents | N/A | $0 | N/A | $0 | N/A | N/A | $0 | $0 |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $9.0M+3.4% | $8.7M-40.0% | $14.5M+4.7% | $13.9M-68.6% | $44.1M+2.4% | $43.0M+2.1% | $42.1M+2.5% | $41.1M |
| Current Liabilities | $5.2M+4.3% | $5.0M+5.0% | $4.7M+10.1% | $4.3M+9.3% | $3.9M+11.7% | $3.5M+8.3% | $3.3M+14.4% | $2.8M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$8.0M-2.3% | -$7.8M-4.0% | -$7.5M-5.2% | -$7.2M-5.7% | -$6.8M-7.6% | -$6.3M-3.7% | -$6.1M-5.4% | -$5.8M |
| Retained Earnings | -$8.0M-2.3% | -$7.9M-4.0% | -$7.5M-5.2% | -$7.2M-5.7% | -$6.8M-7.6% | -$6.3M-3.7% | -$6.1M-5.4% | -$5.8M |
MSSAF Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $190K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$50K-100.8% | $6.1M+4142.8% | -$150K-100.5% | $30.9M+31007.6% | -$100K+33.3% | -$150K+40.0% | -$250K-101.0% | $26.1M |
| Financing Cash Flow | $75K+101.2% | -$6.1M-4142.8% | $150K+100.5% | -$30.9M-31007.6% | $100K-33.3% | $150K-40.0% | $250K+101.0% | -$26.2M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $0 | N/A | N/A | N/A | N/A | N/A | N/A | $26.3M |
MSSAF Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -9.4%+13.5pp | -22.9%-20.7pp | -2.2% | N/A | 0.4%-0.7pp | 1.1%+0.2pp | 0.8% | N/A |
| Current Ratio | 0.01+0.0 | 0.00-0.0 | 0.01+0.0 | 0.000.0 | 0.010.0 | 0.01+0.0 | 0.000.0 | 0.00 |
| Debt-to-Equity | -1.12-0.0 | -1.11+0.8 | -1.920.0 | -1.93+4.6 | -6.50+0.3 | -6.82+0.1 | -6.93+0.2 | -7.13 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$7.2M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.00), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
Is Metal Sky Star Acquisition Corporation profitable?
Yes, Metal Sky Star Acquisition Corporation (MSSAF) reported a net income of $923K in fiscal year 2024.
What are Metal Sky Star Acquisition Corporation's total assets?
Metal Sky Star Acquisition Corporation (MSSAF) had $6.7M in total assets as of fiscal year 2024, including both current and long-term assets.
Does Metal Sky Star Acquisition Corporation buy back shares?
Yes, Metal Sky Star Acquisition Corporation (MSSAF) spent $31.1M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Metal Sky Star Acquisition Corporation have outstanding?
Metal Sky Star Acquisition Corporation (MSSAF) had 4M shares outstanding as of fiscal year 2024.
What is Metal Sky Star Acquisition Corporation's current ratio?
Metal Sky Star Acquisition Corporation (MSSAF) had a current ratio of 0.00 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Metal Sky Star Acquisition Corporation's debt-to-equity ratio?
Metal Sky Star Acquisition Corporation (MSSAF) had a debt-to-equity ratio of -1.93 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Metal Sky Star Acquisition Corporation's return on assets (ROA)?
Metal Sky Star Acquisition Corporation (MSSAF) had a return on assets of 13.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
Why is Metal Sky Star Acquisition Corporation's debt-to-equity ratio negative or unusual?
Metal Sky Star Acquisition Corporation (MSSAF) has negative shareholder equity of -$7.2M as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Metal Sky Star Acquisition Corporation's Piotroski F-Score?
Metal Sky Star Acquisition Corporation (MSSAF) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Can Metal Sky Star Acquisition Corporation cover its interest payments?
Metal Sky Star Acquisition Corporation (MSSAF) has an interest coverage ratio of -0.5x, meaning it can struggle to cover its interest obligations. 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.