SpringBig Holdings (SpringBig Holdings) Debt-to-Equity : -0.54 (As of Dec. 2023)

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What is SpringBig Holdings Debt-to-Equity?

SpringBig Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.46 Mil. SpringBig Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.23 Mil. SpringBig Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-8.67 Mil. SpringBig Holdings's debt to equity for the quarter that ended in Dec. 2023 was -0.54.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for SpringBig Holdings's Debt-to-Equity or its related term are showing as below:

SBIG' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.49 Med: -0.54 Max: 0.08
Current: -0.54

During the past 5 years, the highest Debt-to-Equity Ratio of SpringBig Holdings was 0.08. The lowest was -2.49. And the median was -0.54.

SBIG's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs SBIG: -0.54

SpringBig Holdings Debt-to-Equity Historical Data

The historical data trend for SpringBig Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SpringBig Holdings Debt-to-Equity Chart

SpringBig Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.08

-2.49

-0.54

SpringBig Holdings Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								-2.49	-1.38	-1.44	-0.87	-0.54

Competitive Comparison of SpringBig Holdings's Debt-to-Equity

For the Software - Application subindustry, SpringBig Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SpringBig Holdings's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, SpringBig Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SpringBig Holdings's Debt-to-Equity falls into.

SpringBig Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SpringBig Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4.459	+	0.225)	/	-8.674
	=	-0.54

SpringBig Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4.459	+	0.225)	/	-8.674
	=	-0.54

SpringBig Holdings (OTCPK:SBIG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

SpringBig Holdings Debt-to-Equity Related Terms

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SpringBig Holdings (SpringBig Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SpringBig Holdings Inc (OTCPK:SBIG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

621 North West 53rd Street, Suite 250, Boca Raton, FL, USA, 33487

Website

https://www.springbig.com

SpringBig Holdings Inc is a software platform providing customer loyalty and marketing automation solutions to cannabis retailers and brands in the U.S. and Canada. The company's platform connects consumers with retailers and brands, through SMS marketing, emails, customer feedback system, and loyalty programs, to support retailers' and brands' customer engagement and retention.

Executives

Paul Sykes	officer: Chief Financial Officer	621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Jeffrey Todd Harris	director, 10 percent owner, officer: Chief Executive Officer	621 NW 53RD STREET, SUITE 260, BOCA RATON FL 33487
Steven E Bernstein	director	C/O SBA COMMUNICATIONS CORP, ONE TOWN CENTER ROAD - THIRD FLOOR, BOCO RATON FL 83486
Jonathan Trauben	director	621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Patricia Glassford	director	621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Philip Schwarz	director	C/O CORAZON CAPITAL, 1322 WEST HENDERSON STREET, CHICAGO IL 60657
Tuatara Capital Fund Ii, L.p.	10 percent owner	12 EAST 44TH STREET, 8FL, NEW YORK NY 10017
Medici Holdings V, Inc.	10 percent owner	621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Amanda Lannert	director	621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Navin Anand	officer: Chief Technology Officer	621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Tcac Sponsor, Llc	10 percent owner	TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Mark Zittman	director, officer: Chief Operating Officer	TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Sergey Sherman	officer: Chief Financial Officer	TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Albert John Foreman	director, officer: Chief Executive Officer	TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Aris Kekedjian	director	655 THIRD AVENUE, 8TH FLOOR, 10017 NY 10017