Rising Total DebtAn upward trend in total debt raises refinancing and interest-rate exposure risk, reducing balance-sheet flexibility. For a developer, higher leverage can constrain bidding, land acquisition and project starts, and magnify downside if sales or collections slow over the next several quarters.
Negative Recent Revenue TrendA recent negative revenue growth metric suggests near-term demand or recognition timing pressures. For a business dependent on project sales cycles, continued revenue declines over months can impair cash conversion, delay project cashflows and weigh on margins until new launches or closures recover momentum.
Fluctuating Operating Cash FlowInconsistent operating cash conversion versus reported earnings complicates funding for construction and working capital. Even with positive free cash flow, volatility in operating cash flow can force reliance on external financing or slow project progress, elevating execution risk over the medium term.