Sweetgreen Inc (SG) - Net Assets
Based on the latest financial reports, Sweetgreen Inc (SG) has net assets worth $393.30 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($824.77 Million) and total liabilities ($431.47 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Sweetgreen Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $393.30 Million |
| % of Total Assets | 47.69% |
| Annual Growth Rate | -21.71% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 42.18 |
Sweetgreen Inc - Net Assets Trend (2018–2024)
This chart illustrates how Sweetgreen Inc's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Sweetgreen Inc to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sweetgreen Inc (2018–2024)
The table below shows the annual net assets of Sweetgreen Inc from 2018 to 2024. For live valuation and market cap data, see SG market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $446.14 Million | -7.55% |
| 2023-12-31 | $482.60 Million | -10.83% |
| 2022-12-31 | $541.23 Million | -17.13% |
| 2021-12-31 | $653.12 Million | +312.49% |
| 2020-12-31 | $-307.36 Million | -77.47% |
| 2019-12-31 | $-173.19 Million | -108.93% |
| 2018-12-31 | $1.94 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sweetgreen Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 207.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $117.00K | 0.03% |
| Other Components | $1.32 Billion | 296.18% |
| Total Equity | $446.14 Million | 100.00% |
Sweetgreen Inc Competitors by Market Cap
The table below lists competitors of Sweetgreen Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hangzhou Pinming Software Co. Ltd. A
SHG:688109
|
$955.16 Million |
|
Triveni Engineering & Industries Limited
NSE:TRIVENI
|
$955.32 Million |
|
Shenzhen SEG Co Ltd
SHE:000058
|
$955.37 Million |
|
Limbach Holdings Inc
NASDAQ:LMB
|
$955.47 Million |
|
Hubei Jiuzhiyang Infrared System Co Ltd
SHE:300516
|
$955.08 Million |
|
CWB Automotive Electronics Co Ltd
SHG:605005
|
$954.71 Million |
|
Sichuan Jinshi Technology Co Ltd Class A
SHE:002951
|
$954.15 Million |
|
Dan Hotels
TA:DANH
|
$953.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sweetgreen Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 482,597,000 to 446,145,000, a change of -36,452,000 (-7.6%).
- Net loss of 90,373,000 reduced equity.
- Share repurchases of 2,000 reduced equity.
- Other factors increased equity by 53,923,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-90.37 Million | -20.26% |
| Share Repurchases | $2.00K | -0.0% |
| Other Changes | $53.92 Million | +12.09% |
| Total Change | $- | -7.55% |
Book Value vs Market Value Analysis
This analysis compares Sweetgreen Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.30x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.51x to 2.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $17.56 | $8.97 | x |
| 2019-12-31 | $-1.60 | $8.97 | x |
| 2020-12-31 | $-2.84 | $8.97 | x |
| 2021-12-31 | $5.97 | $8.97 | x |
| 2022-12-31 | $4.91 | $8.97 | x |
| 2023-12-31 | $4.31 | $8.97 | x |
| 2024-12-31 | $3.90 | $8.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sweetgreen Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -20.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.35%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.92x
- Recent ROE (-20.26%) is below the historical average (-14.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -0.93% | -1.24% | 0.24x | 3.10x | $-211.77 Million |
| 2019 | 0.00% | -24.77% | 0.71x | 0.00x | $-50.60 Million |
| 2020 | 0.00% | -64.01% | 0.83x | 0.00x | $-110.49 Million |
| 2021 | -23.45% | -45.07% | 0.45x | 1.17x | $-218.49 Million |
| 2022 | -35.19% | -40.51% | 0.52x | 1.68x | $-244.56 Million |
| 2023 | -23.49% | -19.41% | 0.68x | 1.77x | $-161.64 Million |
| 2024 | -20.26% | -13.35% | 0.79x | 1.92x | $-134.99 Million |
Industry Comparison
This section compares Sweetgreen Inc's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $208,179,300
- Average return on equity (ROE) among peers: 25.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sweetgreen Inc (SG) | $393.30 Million | -0.93% | 1.10x | $955.13 Million |
| Arcos Dorados Holdings Inc (ARCO) | $457.59 Million | -23.89% | 2.92x | $1.12 Billion |
| Ark Restaurants Corp (ARKR) | $21.45 Million | 19.72% | 1.24x | $22.36 Million |
| Flanigans Enterprises Inc (BDL) | $7.00 Million | 34.29% | 0.54x | $56.74 Million |
| BurgerFi International, Inc. (BFICQ) | $259.07 Million | 0.24% | 0.12x | $2.74K |
| Biglari Holdings Inc (BH) | $42.60 Million | 23.47% | 1.34x | $693.14 Million |
| Biglari Holdings Inc (BH-A) | $283.58 Million | -8.10% | 0.83x | $363.36 Million |
| BJs Restaurants Inc (BJRI) | $287.83 Million | 8.05% | 0.49x | $1.09 Billion |
| Bloomin Brands Inc (BLMN) | $49.47 Million | 202.63% | 51.01x | $664.79 Million |
| Black Rock Coffee Bar, Inc. Class A Common Stock (BRCB) | $-2.71 Million | 0.00% | 0.00x | $139.15 Million |
| Dutch Bros Inc (BROS) | $675.92 Million | 0.25% | 1.61x | $8.93 Billion |
About Sweetgreen Inc
Sweetgreen, Inc., together with its subsidiaries, operates fast food restaurants serving healthy food and beverages in the United States. It also accepts orders through its online and mobile ordering platforms, as well as sells gift cards that do not have an expiration date and can be redeemed. The company was founded in 2006 and is headquartered in Los Angeles, California.