The Singing Machine Company, Inc. MICS NASDAQ

The Singing Machine Company, Inc. (MICS) reported total assets of $12.72M and total liabilities of $14.58M for quarter ending 2025-12-31, resulting in total equity of $-3.6M.

The company held $1.63M in cash and short-term investments. Total debt stood at $11.4M, with net debt of $9.77M. The Debt-to-Equity (D/E) ratio was -3.16 (conservative).

Current ratio is 0.55, which may signal tight short-term liquidity. Interest coverage is -5.3x (weak).

Criteria supported by this page:

• HEALTH (0/100, Fail) — the balance sheet shows elevated risk in debt or liquidity metrics
• MOAT (0/100) — Total assets $12.72M and equity $-3.6M support the company's competitive scale

Overall SharesGrow Score: 25/100 with 1/7 criteria passed.