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SpringBig Holdings (SpringBig Holdings) Equity-to-Asset : -1.70 (As of Dec. 2023)


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What is SpringBig Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SpringBig Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-8.67 Mil. SpringBig Holdings's Total Assets for the quarter that ended in Dec. 2023 was $5.11 Mil. Therefore, SpringBig Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -1.70.

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

SBIG' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.7   Med: 0.63   Max: 0.77
Current: -1.7

During the past 5 years, the highest Equity to Asset Ratio of SpringBig Holdings was 0.77. The lowest was -1.70. And the median was 0.63.

SBIG's Equity-to-Asset is ranked worse than
96.7% of 2849 companies
in the Software industry
Industry Median: 0.54 vs SBIG: -1.70

SpringBig Holdings Equity-to-Asset Historical Data

The historical data trend for SpringBig Holdings's Equity-to-Asset 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 Equity-to-Asset Chart

SpringBig Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.72 0.77 0.63 -0.38 -1.70

SpringBig Holdings Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.38 -0.68 -0.47 -0.85 -1.70

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

For the Software - Application subindustry, SpringBig Holdings's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Software Industry

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

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



SpringBig Holdings Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-8.674/5.105
=-1.70

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

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-8.674/5.105
=-1.70

* 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.


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

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


SpringBig Holdings Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of SpringBig Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


SpringBig Holdings (SpringBig Holdings) Business Description

Traded in Other Exchanges
N/A
Address
621 North West 53rd Street, Suite 250, Boca Raton, FL, USA, 33487
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