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Sow Good (Sow Good) Equity-to-Asset : 0.34 (As of Dec. 2023)


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What is Sow Good Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sow Good's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7.28 Mil. Sow Good's Total Assets for the quarter that ended in Dec. 2023 was $21.49 Mil. Therefore, Sow Good's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.34.

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

SOWG' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.79   Med: 0.35   Max: 0.85
Current: 0.34

During the past 13 years, the highest Equity to Asset Ratio of Sow Good was 0.85. The lowest was -0.79. And the median was 0.35.

SOWG's Equity-to-Asset is ranked worse than
76% of 1921 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs SOWG: 0.34

Sow Good Equity-to-Asset Historical Data

The historical data trend for Sow Good'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.

Sow Good Equity-to-Asset Chart

Sow Good Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.82 0.77 0.32 0.34

Sow Good Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 0.27 0.09 0.21 0.34

Competitive Comparison of Sow Good's Equity-to-Asset

For the Packaged Foods subindustry, Sow Good'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.


Sow Good's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sow Good's Equity-to-Asset distribution charts can be found below:

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



Sow Good 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.

Sow Good'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
=7.28/21.489
=0.34

Sow Good'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
=7.28/21.489
=0.34

* 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.


Sow Good  (NAS:SOWG) 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%.


Sow Good Equity-to-Asset Related Terms

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


Sow Good (Sow Good) Business Description

Traded in Other Exchanges
N/A
Address
1440 N Union Bower Road, Irving, TX, USA, 75061
Sow Good Inc is engaged in manufacturing and marketing freeze-dried snacks, smoothies, and soups.
Executives
Joe Mueller director 6927 ALTAMONTE DRIVE, ROGERS AR 72758
Ira Goldfarb director, 10 percent owner, officer: Executive Chairman (1) 1918 N. OLIVE ST, DALLAS TX 75201
Brad Berman director, 10 percent owner C/O LAKES ENTERTAINMENT, INC., 130 CHESHIRE LANE, MINNETONKA MN 55305
Claudia Goldfarb director, 10 percent owner, officer: Chief Executive Officer (2) 1918 N. OLIVE STREET, APT. 3302, DALLAS TX 75201
Lyle Berman director, 10 percent owner 10275 WAYZATA BOULEVARD, SUITE 100, MINNETONKA MN 55305
Timothy James Creed director 3418 GOLF CLUB LN., NASHVILLE TN 37215
Brad Burke officer: Interim CFO 4049 PURDUE AVE, DALLAS TX 77225
Chris Ludeman director 6154 PARK LANE, DALLAS TX 75225
Greg Creed director 1441 GARDINER LANE, LOUISVILLE KY 40213
S-fdf, Llc 10 percent owner 1440 N. UNION BOWER RD., IRVIN TX 75061
Benjamin S Oehler director 10275 WAYZATA BLVD. SUITE 100, MINNETONKA MN 55305
Joseph J Lahti director 2975 SOMERSET LANE, LONG LAKE MN 55356
Kenneth Decubellis officer: Chief Executive Officer 10275 WAYZATA BOULEVARD, SUITE 310, MINNETONKA MN 55305
Neil I Sell 10 percent owner 3300 WELLS FARGO CENTER, 90 SOUTH 7TH STREET, MINNEAPOLIS MN 55402
Michael Eisele officer: Chief Operating Officer 10275 WAYZATA BOULEVARD, MINNETONKA MN 55305