ACMA Ltd

ACMA Ltd's capital structure is highly leveraged, with a debt-to-equity ratio of 1.25, indicating that liabilities exceed equity by 25%. Despite a current ratio of 1.14, the company's liquidity is rated as medium, and its free cash flow is negative at -1424000 SGD, suggesting cash outflows from operations exceed capital expenditures. The company's return on equity is -2.53, and return on assets is -0.20, both significantly below the industry median for Industrial Machinery & Equipment firms. Profitability metrics are weak, with a net loss of 1370000 SGD and an operating loss of 1541000 SGD. Gross profit of 3301000 SGD is insufficient to cover operating expenses, resulting in a negative operating margin of -19.25%. These figures are below the industry median for gross margin and operating margin, indicating underperformance relative to peers. The company's revenue is concentrated across four segments, with the discontinued Metal Printing and Packaging Services segment no longer contributing to ongoing operations. The Communications, Electronics and Equipment Distribution segment is the most diverse, supplying telecommunications, electronics, and packaged air-conditioners. The Tooling and Plastic Injection Moulding segment serves the automotive and electronics industries, but its contribution to revenue is not disclosed in the input data. Growth trajectory is uncertain, with no specific revenue growth or decline percentages provided in the input data. However, the company's free cash flow is negative, and capital expenditures are -122000 SGD, suggesting limited reinvestment in growth. Analyst estimates for revenue and EPS are based on the most recent actuals, with no forward-looking guidance provided. Risk factors include medium liquidity risk and a negative net cash position after subtracting total debt. Dilution risk is rated as low, with no near-term pressure expected. The company's capital structure is vulnerable to further deterioration if operating losses persist. No dilution sources are explicitly cited in the input data, and no recent equity issuance or ATM/shelf disclosures are referenced. Recent events include the discontinuation of the Metal Printing and Packaging Services segment, which is no longer part of the company's ongoing operations. No recent filings or transcripts are provided in the input data to indicate strategic shifts or operational updates.