SpringBig Holdings Inc.
SpringBig Holdings, Inc. develops and operates a software platform that provides marketing and customer engagement services to cannabis dispensaries and brands in the United States and Canada. Its platform offers customer loyalty and marketing automation solutions. The company was founded in 2016 and is headquartered in Boca Raton, Florida.
SpringBig Holdings Inc. (SBIG) - Total Assets
Latest total assets as of September 2024: $7.48 Million USD
Based on the latest financial reports, SpringBig Holdings Inc. (SBIG) holds total assets worth $7.48 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
SpringBig Holdings Inc. - Total Assets Trend (2019–2024)
This chart illustrates how SpringBig Holdings Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SpringBig Holdings Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
SpringBig Holdings Inc.'s total assets of $7.48 Million consist of 56.6% current assets and 43.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 17.3% |
| Accounts Receivable | $2.21 Million | 32.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how SpringBig Holdings Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: SpringBig Holdings Inc.'s current assets represent 56.6% of total assets in 2024, a decrease from 98.1% in 2019.
- Cash Position: Cash and equivalents constituted 17.3% of total assets in 2024, down from 70.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 32.4% of total assets.
SpringBig Holdings Inc. Competitors by Total Assets
Key competitors of SpringBig Holdings Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
SpringBig Holdings Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - SpringBig Holdings Inc. generates 3.61x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - SpringBig Holdings Inc. is currently not profitable relative to its asset base.
SpringBig Holdings Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.32 | 0.45 | 4.75 |
| Quick Ratio | 0.32 | 0.48 | 4.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-9.28 Million | $ -6.85 Million | $ 9.52 Million |
SpringBig Holdings Inc. - Advanced Valuation Insights
This section examines the relationship between SpringBig Holdings Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 187.20 |
| Latest Market Cap to Assets Ratio | 0.28 |
| Asset Growth Rate (YoY) | 33.7% |
| Total Assets | $6.83 Million |
| Market Capitalization | $1.94 Million USD |
Valuation Analysis
Below Book Valuation: The market values SpringBig Holdings Inc.'s assets below their book value (0.28 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: SpringBig Holdings Inc.'s assets grew by 33.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for SpringBig Holdings Inc. (2019–2024)
The table below shows the annual total assets of SpringBig Holdings Inc. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $6.83 Million | +33.69% |
| 2023-12-31 | $5.11 Million | -47.14% |
| 2022-12-31 | $9.66 Million | +37.11% |
| 2021-12-31 | $7.04 Million | -42.84% |
| 2020-12-31 | $12.32 Million | +229.04% |
| 2019-12-31 | $3.74 Million | -- |