Sow Good Balance Sheet Health

Financial Health criteria checks 2/6

Sow Good has a total shareholder equity of $7.3M and total debt of $7.6M, which brings its debt-to-equity ratio to 104.7%. Its total assets and total liabilities are $21.5M and $14.2M respectively. Sow Good's EBIT is $178.2K making its interest coverage ratio 0.1. It has cash and short-term investments of $2.4M.

Key information

104.7%

Debt to equity ratio

US$7.62m

Debt

Interest coverage ratio0.1x
CashUS$2.41m
EquityUS$7.28m
Total liabilitiesUS$14.21m
Total assetsUS$21.49m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SOWG's short term assets ($10.2M) exceed its short term liabilities ($5.8M).

Long Term Liabilities: SOWG's short term assets ($10.2M) exceed its long term liabilities ($8.4M).


Debt to Equity History and Analysis

Debt Level: SOWG's net debt to equity ratio (71.6%) is considered high.

Reducing Debt: SOWG's debt to equity ratio has increased from 0% to 104.7% over the past 5 years.

Debt Coverage: SOWG's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: SOWG's interest payments on its debt are not well covered by EBIT (0.1x coverage).


Balance Sheet


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