Singularity Future Technology Ltd. Debt Disclosure
Note 9. LOANS FROM THIRD PARTIES
The Company’s loans from third parties are as follows:
| June 30, | June 30, | |||||||
| 2025 | 2024 | |||||||
| Loans from third parties - current | $ | 999,940 | ||||||
| Loans from third parties - non-current | 466,321 | |||||||
| Total loans from third parties | $ | 1,466,261 | ||||||
As of June 30, 2025, loans from third parties amounted to $1.5 million with a weighted average interest rate of 12% and a weighted average maturity of one year.
For the years ended June 30, 2025 and 2024, interest expenses were $146,370 and , respectively.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Oct 14, 2025 | Showing above |
| 2021 | Sep 29, 2021 | |
About Debt Disclosures
Debt disclosures detail a company's borrowing structure — the types of instruments, interest rates, maturity schedule, and covenant restrictions that define its financial obligations and flexibility. This section is essential for assessing refinancing risk, interest rate exposure, and the margin of safety against financial distress.
Key signals: the maturity schedule reveals concentration risk — large maturities within 1-2 years during tight credit markets can force dilutive refinancing or asset sales. Compare the fair value of debt against carrying amount to gauge whether the market views the company's credit risk differently than the balance sheet suggests. Watch covenant compliance disclosures for tightening cushions, especially leverage and interest coverage ratios. Variable-rate debt exposure quantifies sensitivity to interest rate changes. Secured versus unsecured mix affects recovery rates and future borrowing capacity. Compare net debt-to-EBITDA against industry peers and covenant limits to assess financial health.