Sow Good Balance Sheet Health
Financial Health criteria checks 4/6
Sow Good has a total shareholder equity of $32.8M and total debt of $3.1M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are $57.7M and $24.8M respectively. Sow Good's EBIT is $5.8M making its interest coverage ratio 3.4. It has cash and short-term investments of $6.9M.
Key information
9.4%
Debt to equity ratio
US$3.10m
Debt
| Interest coverage ratio | 3.4x |
| Cash | US$6.95m |
| Equity | US$32.82m |
| Total liabilities | US$24.85m |
| Total assets | US$57.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UN1's short term assets ($28.4M) exceed its short term liabilities ($8.7M).
Long Term Liabilities: UN1's short term assets ($28.4M) exceed its long term liabilities ($16.2M).
Debt to Equity History and Analysis
Debt Level: UN1 has more cash than its total debt.
Reducing Debt: UN1's debt to equity ratio has increased from 0% to 9.4% over the past 5 years.
Debt Coverage: UN1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: UN1's interest payments on its debt are well covered by EBIT (3.4x coverage).