Springs Global Participações S.A. (SGPS3) - Net Assets
Based on the latest financial reports, Springs Global Participações S.A. (SGPS3) has net assets worth R$-951.61 Million BRL (≈ $-186.72 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$2.31 Billion ≈ $453.36 Million USD) and total liabilities (R$3.26 Billion ≈ $640.08 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Springs Global Participações S.A. liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$-951.61 Million |
| % of Total Assets | -41.19% |
| Annual Growth Rate | N/A |
| 5-Year Change | -186.06% |
| 10-Year Change | -188.2% |
| Growth Volatility | 69.1 |
Springs Global Participações S.A. - Net Assets Trend (2006–2024)
This chart illustrates how Springs Global Participações S.A.'s net assets have evolved over time, based on quarterly financial data. Also explore SGPS3 asset base for the complete picture of this company's asset base.
Annual Net Assets for Springs Global Participações S.A. (2006–2024)
The table below shows the annual net assets of Springs Global Participações S.A. from 2006 to 2024. For live valuation and market cap data, see Springs Global Participações S.A. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$-951.61 Million ≈ $-186.72 Million |
-31.34% |
| 2023-12-31 | R$-724.52 Million ≈ $-142.16 Million |
-291.33% |
| 2022-12-31 | R$378.67 Million ≈ $74.30 Million |
-61.77% |
| 2021-12-31 | R$990.44 Million ≈ $194.34 Million |
-10.43% |
| 2020-12-31 | R$1.11 Billion ≈ $216.97 Million |
-20.26% |
| 2019-12-31 | R$1.39 Billion ≈ $272.08 Million |
+4.65% |
| 2018-12-31 | R$1.33 Billion ≈ $260.00 Million |
+15.27% |
| 2017-12-31 | R$1.15 Billion ≈ $225.55 Million |
+11.84% |
| 2016-12-31 | R$1.03 Billion ≈ $201.67 Million |
-4.74% |
| 2015-12-31 | R$1.08 Billion ≈ $211.71 Million |
-0.63% |
| 2014-12-31 | R$1.09 Billion ≈ $213.05 Million |
-5.75% |
| 2013-12-31 | R$1.15 Billion ≈ $226.04 Million |
-5.39% |
| 2012-12-31 | R$1.22 Billion ≈ $238.90 Million |
+0.91% |
| 2011-12-31 | R$1.21 Billion ≈ $236.74 Million |
-26.77% |
| 2010-12-31 | R$1.65 Billion ≈ $323.29 Million |
-3.64% |
| 2009-12-31 | R$1.71 Billion ≈ $335.49 Million |
+7.36% |
| 2008-12-31 | R$1.59 Billion ≈ $312.50 Million |
-9.97% |
| 2007-12-31 | R$1.77 Billion ≈ $347.12 Million |
+0.99% |
| 2006-12-31 | R$1.75 Billion ≈ $343.71 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Springs Global Participações S.A.'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 321829800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | R$2.27 Billion | % |
| Total Equity | R$-951.61 Million | 100.00% |
Springs Global Participações S.A. Competitors by Market Cap
The table below lists competitors of Springs Global Participações S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tersis Technologies Inc.
NASDAQ:TERS
|
$3.22 Million |
|
Movinn AS
CO:MOVINN
|
$3.22 Million |
|
Zeb Nickel Corp
V:ZBNI
|
$3.22 Million |
|
Australian Pacific Coal Ltd
AU:AQC
|
$3.22 Million |
|
Fidelity Japanese Values PLC ORD
LSE:FJV
|
$3.22 Million |
|
Sabio Holdings Inc
V:SBIO
|
$3.21 Million |
|
Magnetic North Acquisition Corp
V:MNC
|
$3.21 Million |
|
The Biotech Growth Trust PLC
LSE:BIOG
|
$3.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Springs Global Participações S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -724,519,000 to -951,614,000, a change of -227,095,000.
- Net loss of 613,382,000 reduced equity.
- Other factors increased equity by 386,287,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$-613.38 Million | -64.46% |
| Other Changes | R$386.29 Million | +40.59% |
| Total Change | R$- | % |
Book Value vs Market Value Analysis
This analysis compares Springs Global Participações S.A.'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | R$20.46 | R$1.64 | x |
| 2017-12-31 | R$22.99 | R$1.64 | x |
| 2018-12-31 | R$26.50 | R$1.64 | x |
| 2019-12-31 | R$27.73 | R$1.64 | x |
| 2020-12-31 | R$22.11 | R$1.64 | x |
| 2021-12-31 | R$19.81 | R$1.64 | x |
| 2022-12-31 | R$7.57 | R$1.64 | x |
| 2023-12-31 | R$-72.45 | R$1.64 | x |
| 2024-12-31 | R$-95.16 | R$1.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Springs Global Participações S.A. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -139.61%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-15.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 2.30% | 1.62% | 0.93x | 1.54x | R$-130.38 Million |
| 2013 | -4.64% | -2.60% | 0.84x | 2.14x | R$-167.48 Million |
| 2014 | -2.63% | -1.36% | 0.85x | 2.29x | R$-136.21 Million |
| 2015 | 2.10% | 0.99% | 0.87x | 2.43x | R$-84.39 Million |
| 2016 | -0.73% | -0.32% | 0.88x | 2.57x | R$-109.80 Million |
| 2017 | 1.83% | 1.49% | 0.52x | 2.37x | R$-93.91 Million |
| 2018 | 8.42% | 8.14% | 0.43x | 2.43x | R$-20.94 Million |
| 2019 | 3.30% | 3.21% | 0.43x | 2.38x | R$-92.94 Million |
| 2020 | -29.02% | -20.91% | 0.49x | 2.86x | R$-431.51 Million |
| 2021 | -15.51% | -8.93% | 0.54x | 3.23x | R$-252.62 Million |
| 2022 | -166.58% | -51.81% | 0.45x | 7.12x | R$-668.65 Million |
| 2023 | 0.00% | -155.28% | 0.34x | 0.00x | R$-993.47 Million |
| 2024 | 0.00% | -139.61% | 0.19x | 0.00x | R$-518.22 Million |
Industry Comparison
This section compares Springs Global Participações S.A.'s net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $178,133,500
- Average return on equity (ROE) among peers: 17.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Springs Global Participações S.A. (SGPS3) | R$-951.61 Million | 2.30% | N/A | $3.22 Million |
| Companhia de Fiacao e Tecidos Cedro Cachoeira (CEDO3) | $310.60 Million | 35.59% | 2.04x | $11.20 Million |
| Companhia Tecidos Santanense Ltda (CTSA3) | $45.67 Million | 0.00% | 2.60x | $979.70K |
About Springs Global Participações S.A.
Springs Global Participações S.A., through its subsidiaries, engages in the manufacturing, spinning, weaving, and finishing of home textile products in Brazil and Argentina. It operates through two segments, Wholesale and Retail. The company offers bedding, tabletop, and bath products, including bed sheets and pillowcases, tablecloths, towels, rugs, and bath accessories; utility bedding products,… Read more