Investment Thesis
Astra Energy is in severe financial distress with negative stockholders equity of -$5.5M, indicating the company is technically insolvent. The company generates zero revenue while burning cash with negative operating cash flow of -$88.4K and mounting losses of -$5.9M, demonstrating a fundamental inability to operate profitably.
ASRE Strengths
- Minimal capital expenditure requirements suggest low ongoing investment needs
- Some cash on hand ($9.6K) provides minimal operational runway
- Negative EPS improved 66.7% year-over-year indicating losses are narrowing slightly
ASRE Risks
- Negative stockholders equity of -$5.5M indicates technical insolvency and high bankruptcy risk
- Zero revenue generation with no clear path to profitability in electric services sector
- Current ratio of 0.37x and quick ratio of 0.35x indicate severe liquidity crisis with liabilities exceeding current assets by 2.7x
- Negative operating cash flow (-$88.4K) demonstrates inability to fund operations internally
- Liabilities ($13.4M) exceed assets ($7.9M) by $5.5M, threatening creditor recovery
Key Metrics to Watch
- Revenue generation and operational restart timeline
- Stockholders equity trajectory and path to positive equity
- Operating cash flow and cash burn rate sustainability
- Debt restructuring negotiations and creditor arrangements
- Regulatory filings for bankruptcy or liquidation proceedings
ASRE Financial Metrics
ASRE Profitability Ratios
ASRE Balance Sheet & Liquidity
ASRE 5-Year Financial Trend
5-Year Trend Summary: Astra Energy, Inc.'s revenue has declined by 100% over the 5-year period, indicating business contraction. The most recent EPS of $-0.15 indicates the company is currently unprofitable.
ASRE Growth Metrics (YoY)
ASRE Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | N/A | -$80.4K | $0.00 |
| Q2 2025 | N/A | -$315.8K | $0.00 |
| Q1 2025 | N/A | -$315.8K | $0.00 |
| Q3 2024 | N/A | -$80.4K | N/A |
| Q3 2023 | N/A | -$210.3K | N/A |
| Q2 2023 | N/A | -$512.7K | N/A |
| Q1 2023 | N/A | -$473.7K | N/A |
| Q3 2022 | N/A | -$210.3K | N/A |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
ASRE Capital Allocation
ASRE SEC Filings
Access official SEC EDGAR filings for Astra Energy, Inc. (CIK: 0001231339)