SG Balance Sheet Health
Financial Health criteria checks 2/6
SG has a total shareholder equity of €3.8M and total debt of €9.7M, which brings its debt-to-equity ratio to 253.5%. Its total assets and total liabilities are €28.2M and €24.3M respectively. SG's EBIT is €2.1M making its interest coverage ratio 8.5. It has cash and short-term investments of €3.2M.
Key information
253.5%
Debt to equity ratio
€9.73m
Debt
| Interest coverage ratio | 8.5x |
| Cash | €3.18m |
| Equity | €3.84m |
| Total liabilities | €24.35m |
| Total assets | €28.19m |
Recent financial health updates
Does SG (BIT:SGC) Have A Healthy Balance Sheet?
Nov 29
SG (BIT:SGC) Is Making Moderate Use Of Debt
Jun 05Is SG (BIT:SGC) A Risky Investment?
Dec 23
Recent updates
It's A Story Of Risk Vs Reward With SG Company S.p.A. (BIT:SGC)
May 21Does SG (BIT:SGC) Have A Healthy Balance Sheet?
Nov 29Many Still Looking Away From SG Company S.p.A. (BIT:SGC)
Aug 29The Returns On Capital At SG (BIT:SGC) Don't Inspire Confidence
Mar 03SG (BIT:SGC) Is Making Moderate Use Of Debt
Jun 05Is SG (BIT:SGC) A Risky Investment?
Dec 23Financial Position Analysis
Short Term Liabilities: SGC's short term assets (€17.1M) exceed its short term liabilities (€15.9M).
Long Term Liabilities: SGC's short term assets (€17.1M) exceed its long term liabilities (€8.4M).
Debt to Equity History and Analysis
Debt Level: SGC's net debt to equity ratio (170.8%) is considered high.
Reducing Debt: SGC's debt to equity ratio has increased from 232.7% to 253.5% over the past 5 years.
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 SGC has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SGC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.