Bedrijfsoverzicht
Splash Beverage Group, Inc. is a specialized entity within the consumer defensive sector, specifically operating in the beverages - wineries & distilleries industry, where it focuses on the manufacturing, distribution, marketing, and sale of various beverages throughout the United States. The corporation's operational scope spans two distinct segments, encompassing the manufacture and distribution of non-alcoholic and alcoholic beverages alongside the retail sale of beverages and groceries online. This enterprise maintains a modest organizational structure with a workforce consisting of 21 employees, which suggests a lean operational model typical of smaller market participants. With a total market capitalization of $1.16M and annual revenue reaching $1.02M, the company operates on a micro-cap scale, indicating a position where it likely has limited market share compared to larger industry peers. The low market cap combined with the specific revenue figure highlights that the company is a small player in the broader beverage landscape, where its financial footprint is constrained relative to major competitors in the consumer defensive sector.
Financiële gezondheid
The financial performance of Splash Beverage Group, Inc. over the trailing twelve months is characterized by significant challenges, as the company reported a revenue of $1.02M contrasted sharply by a net income of -$31,068,968. This substantial gap between positive revenue and deeply negative net income reveals a highly aggressive or inefficient cost structure, where expenses far exceed the top line, resulting in a loss that is more than thirty times the generated revenue. Despite the negative earnings, the company generated positive free cash flow of $420,550, which indicates a degree of financial flexibility allowing for operational continuity despite the accounting losses. However, the liquidity position is precarious, evidenced by a cash balance of $265,667 against total debt obligations of $6.41M, creating a negative net cash position. The balance sheet is heavily leveraged, underscored by a debt-to-equity ratio of 94.59, which implies that the company relies significantly on borrowed funds relative to its shareholders' equity. Short-term liquidity is severely constrained, as indicated by a current ratio of 0.13, suggesting that the company possesses only 13 cents of current assets for every dollar of current liabilities. Furthermore, the return metrics reflect poor efficiency, with a return on equity that is not applicable due to the lack of positive equity value and a return on assets of -62.1%, demonstrating that management is currently destroying value rather than generating returns on the company's asset base.
Waarderingsbeoordeling
The valuation metrics for Splash Beverage Group, Inc. present a complex picture due to the company's negative earnings, with a trailing P/E ratio of N/A and a forward P/E of -1.73. The absence of a trailing P/E implies that traditional earnings-based valuation models are not applicable given the current loss-making status, while the negative forward P/E suggests that analysts or market participants are projecting continued negative earnings in the near future. The price-to-book ratio stands at 0.14, indicating that the stock is trading at a significant discount to its book value, which may reflect market skepticism regarding the company's ability to recover from its current financial distress. Alternative valuation measures such as the price-to-sales ratio of 1.13 and an EV/EBITDA of -0.47 provide further context, suggesting that the market prices the company based on sales multiple rather than profitability, likely due to the negative EBITDA of -$15,075,143. The stock's trading range over the past year has been volatile, with a 52-week high of $9.79 and a 52-week low of $0.33, placing the current price well below the recent highs and indicating a prolonged period of depreciation or consolidation. The beta value of -0.99 is highly unusual and suggests a negative correlation with the broader market, implying that the stock tends to move in the opposite direction of the market index, contributing to its distinct and volatile price behavior.
Growth & Income
Regarding growth dynamics, the available data indicates that both revenue growth year-over-year and earnings growth year-over-year are listed as N/A, which precludes any direct calculation of growth rates from the current dataset. The inability to quantify growth rates means that the relationship between earnings and revenue expansion cannot be determined from the provided figures, leaving the trajectory of profitability relative to sales volume unclear. As a non-dividend payer, the company reports a dividend yield of N/A and a payout ratio of 0.0%, confirming that no cash is distributed to shareholders. Instead of providing income through dividends, the company retains its earnings, although the nature of these earnings is negative, necessitating the reinvestment of minimal resources or reliance on external capital to sustain operations. The overall growth and income profile for Splash Beverage Group, Inc. is currently defined by stagnation in measurable growth metrics and a complete absence of income generation for investors through dividend distributions.