Springs Global Participações Balance Sheet Health
Financial Health criteria checks 0/6
Springs Global Participações has a total shareholder equity of R$-469.2M and total debt of R$1.1B, which brings its debt-to-equity ratio to -235%. Its total assets and total liabilities are R$2.2B and R$2.7B respectively.
Key information
-235.0%
Debt to equity ratio
R$1.10b
Debt
| Interest coverage ratio | n/a |
| Cash | R$97.20m |
| Equity | -R$469.24m |
| Total liabilities | R$2.68b |
| Total assets | R$2.21b |
Recent financial health updates
Springs Global Participações (BVMF:SGPS3) Use Of Debt Could Be Considered Risky
Nov 05
Does Springs Global Participações (BVMF:SGPS3) Have A Healthy Balance Sheet?
Jul 19Is Springs Global Participações (BVMF:SGPS3) Using Too Much Debt?
Feb 17Is Springs Global Participações (BVMF:SGPS3) Using Too Much Debt?
Sep 27Here's Why Springs Global Participações (BVMF:SGPS3) Is Weighed Down By Its Debt Load
Mar 12These 4 Measures Indicate That Springs Global Participações (BVMF:SGPS3) Is Using Debt In A Risky Way
Nov 20Recent updates
Springs Global Participações (BVMF:SGPS3) Use Of Debt Could Be Considered Risky
Nov 05Springs Global Participações' (BVMF:SGPS3) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Sep 10Does Springs Global Participações (BVMF:SGPS3) Have A Healthy Balance Sheet?
Jul 19Springs Global Participações (BVMF:SGPS3) Will Be Hoping To Turn Its Returns On Capital Around
May 24Is Springs Global Participações (BVMF:SGPS3) Using Too Much Debt?
Feb 17Is Springs Global Participações (BVMF:SGPS3) Using Too Much Debt?
Sep 27Capital Allocation Trends At Springs Global Participações (BVMF:SGPS3) Aren't Ideal
Aug 17Here's Why Springs Global Participações (BVMF:SGPS3) Is Weighed Down By Its Debt Load
Mar 12Did You Miss Springs Global Participações' (BVMF:SGPS3) Impressive 195% Share Price Gain?
Feb 02Here's What To Make Of Springs Global Participações' (BVMF:SGPS3) Returns On Capital
Dec 25These 4 Measures Indicate That Springs Global Participações (BVMF:SGPS3) Is Using Debt In A Risky Way
Nov 20Financial Position Analysis
Short Term Liabilities: SGPS3 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SGPS3 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SGPS3 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SGPS3's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if SGPS3 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SGPS3 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.