Safe & Green Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Safe & Green Holdings has a total shareholder equity of $6.4M and total debt of $9.7M, which brings its debt-to-equity ratio to 150.5%. Its total assets and total liabilities are $25.3M and $18.9M respectively.
Key information
150.5%
Debt to equity ratio
US$9.66m
Debt
| Interest coverage ratio | n/a |
| Cash | US$712.91k |
| Equity | US$6.42m |
| Total liabilities | US$18.92m |
| Total assets | US$25.33m |
Recent financial health updates
Recent updates
It's Down 26% But Safe & Green Holdings Corp. (NASDAQ:SGBX) Could Be Riskier Than It Looks
Mar 02
Positive Sentiment Still Eludes Safe & Green Holdings Corp. (NASDAQ:SGBX) Following 36% Share Price Slump
Dec 27Safe & Green Holdings (NASDAQ:SGBX) Has Debt But No Earnings; Should You Worry?
Aug 22SG Blocks secures new US military client
Sep 21SG Blocks increases buyback program to $1M
Sep 07Is SG Blocks (NASDAQ:SGBX) Using Too Much Debt?
Aug 17SG Blocks announces new buyback program, intends to sell Lago Vista development site
Jul 15SG Blocks inks agreement with developer for container park
Jul 01Is SG Blocks (NASDAQ:SGBX) Using Debt In A Risky Way?
Mar 24Does SG Blocks (NASDAQ:SGBX) Have A Healthy Balance Sheet?
Nov 18SG Blocks: Building On A Strong Pipeline
Sep 15SG Blocks EPS misses by $0.21, misses on revenue
Nov 19Financial Position Analysis
Short Term Liabilities: SGBX's short term assets ($7.1M) do not cover its short term liabilities ($15.7M).
Long Term Liabilities: SGBX's short term assets ($7.1M) exceed its long term liabilities ($3.2M).
Debt to Equity History and Analysis
Debt Level: SGBX's net debt to equity ratio (139.4%) is considered high.
Reducing Debt: SGBX's debt to equity ratio has increased from 0% to 150.5% 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: SGBX has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SGBX is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.