SpringBig Holdings, Inc.

OTCPK:SBIG Stock Report

Market Cap: US$3.3m

SpringBig Holdings Balance Sheet Health

Financial Health criteria checks 0/6

SpringBig Holdings has a total shareholder equity of $-8.8M and total debt of $7.7M, which brings its debt-to-equity ratio to -87.5%. Its total assets and total liabilities are $7.5M and $16.3M respectively.

Key information

-87.5%

Debt to equity ratio

US$7.74m

Debt

Interest coverage ration/a
CashUS$936.00k
Equity-US$8.84m
Total liabilitiesUS$16.33m
Total assetsUS$7.48m

Recent financial health updates

Recent updates

SpringBig Holdings GAAP EPS of -$0.14 beats by $0.02, revenue of $6.6M misses by $0.4M

Aug 26

Financial Position Analysis

Short Term Liabilities: SBIG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: SBIG 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: SBIG has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: SBIG'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: SBIG has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SBIG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.1% each year


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