S&W Seed Company (SANW) Balance Sheet
SANW balance sheet, FY2024
June 30, 2024 · U.S. dollars$120.7M assets = $75.7M liabilities + $45.0M equity
Both columns are drawn to the same scale: what SANW owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SANW financial health
Descriptive bands, not a rating. Fiscal FY2024.
SANW balance sheet trends, FY2015–FY2024
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $122.3MFY2015 | $120.7MFY2024 | −0.1%/yr | |
| Total liabilities | $70.5MFY2015 | $75.7MFY2024 | +0.8%/yr | |
| Shareholders’ equity | $51.9MFY2015 | $45.0MFY2024 | −1.6%/yr | |
| Cash & short-term investments | $3.5MFY2015 | $294,014FY2024 | −24.1%/yr | |
| Total debt | $46.9MFY2015 | $54.3MFY2024 | +1.6%/yr | |
| Net cash (debt) | −$43.3MFY2015 | −$54.0MFY2024 | −$10.7M | |
| Working capital | $14.4MFY2015 | −$5.9MFY2024 | −$20.3M | |
| Book value per share | $90.73FY2016 | $19.79FY2024 | −17.3%/yr | |
| Current ratio | 1.34FY2015 | 0.92FY2024 | −0.42 | |
| Debt / equity | 0.90FY2015 | 1.21FY2024 | +0.30 | |
| Shares outstanding | 747KFY2016 | 2.3MFY2024 | +14.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SANW assets
SANW liabilities and equity
SANW debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SANW balance sheet
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $294,014 | $3.4M | $2.1M | $3.5M | $4.1M | $3.4M | $4.3M | $745,000 | $6.9M | $3.5M |
| Cash & equivalents | $294,014 | $3.4M | $2.1M | $3.5M | $4.1M | $3.4M | $4.3M | $745,000 | $6.9M | $3.5M |
| Short-term investments | — | — | — | — | — | — | $0 | $0 | $0 | $0 |
| Receivables | $20.9M | $31.5M | $19.1M | $19.4M | $19.0M | $13.4M | $13.9M | $23.2M | $27.6M | $26.7M |
| Inventory | $38.1M | $45.1M | $54.5M | $63.4M | $63.9M | $71.3M | $60.4M | $31.5M | $21.8M | $25.5M |
| Other current assets | $4.1M | $4.1M | $1.6M | $1.6M | $1.4M | $3.5M | $1.3M | $1.2M | $1.2M | $1.1M |
| Total current assets | $63.4M | $84.1M | $77.2M | $87.9M | $88.4M | $91.6M | $79.9M | $56.7M | $57.6M | $56.9M |
| Property, plant & equipment (net) | $11.9M | $13.1M | $16.9M | $17.7M | $25.8M | $20.6M | $13.2M | $13.6M | $13.1M | $11.5M |
| Goodwill & intangible assets | $44.3M | $37.8M | $34.1M | $38.8M | $40.3M | $65.4M | $43.4M | $45.2M | $46.8M | $47.6M |
| Long-term investments | $19.7M | $23.1M | $367,970 | $0 | $0 | $1.3M | $1.3M | $0 | $0 | $0 |
| Other non-current assets | $0 | $0 | $5.2M | $7.1M | $1.5M | $0 | $3,135 | $1.6M | $9.5M | $6.4M |
| Total assets | $120.7M | $152.0M | $133.8M | $151.5M | $156.0M | $146.4M | $137.8M | $117.1M | $127.0M | $122.3M |
| Liabilities | ||||||||||
| Accounts payable | $13.5M | $13.3M | $15.9M | $15.9M | $8.0M | $6.9M | $5.9M | $7.5M | $14.7M | $14.9M |
| Short-term debt | $48.0M | $50.0M | $22.3M | $35.6M | $28.8M | $11.9M | $33.1M | $37.7M | $23.8M | $25.2M |
| Deferred revenue | $872,739 | $464,707 | $605,960 | $385,328 | $6.2M | $9.1M | $212,393 | $880,326 | $509,857 | $2.3M |
| Total current liabilities | $69.2M | $71.3M | $48.3M | $61.1M | $52.6M | $33.9M | $42.4M | $51.3M | $41.4M | $42.5M |
| Long-term debt | $4.4M | $4.5M | $25.2M | $10.5M | $14.3M | $12.2M | $13.0M | $1.1M | $11.1M | $21.6M |
| Lease obligations | $899,085 | $688,164 | $1.3M | $6.5M | $6.9M | $2.2M | $27,241 | — | — | — |
| Other long-term liabilities | $2.0M | $2.1M | $4.1M | $5.5M | $7.7M | $280,424 | $651,780 | $3.5M | $6.7M | $6.3M |
| Total liabilities | $75.7M | $77.9M | $82.4M | $77.1M | $74.6M | $46.4M | $56.0M | $55.9M | $59.2M | $70.5M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $43,369 | $43,004 | $42,609 | $36,773 | $33,458 | $33,303 | $24,367 | $18,004 | $17,086 | $13,479 |
| Retained earnings (deficit) | −$122.1M | −$91.9M | −$105.9M | −$69.3M | −$50.1M | −$30.5M | −$21.2M | −$16.4M | −$4.6M | −$5.0M |
| Treasury stock | — | — | — | — | −$134,196 | −$134,196 | −$134,196 | −$134,196 | −$134,200 | −$134,196 |
| Accumulated other comprehensive income | −$7.4M | −$7.0M | −$6.6M | −$5.9M | −$6.1M | −$6.1M | −$5.8M | −$5.5M | −$5.8M | −$5.1M |
| Minority interest | $41,708 | $67,120 | $41,838 | — | −$120,459 | −$47,685 | $0 | $0 | $0 | $0 |
| Total shareholders' equity | $45.0M | $68.8M | $51.4M | $74.4M | $81.5M | $100.0M | $81.7M | $61.2M | $67.8M | $51.9M |
| Key figures | ||||||||||
| Total debt | $54.3M | $56.5M | $51.1M | $47.2M | $43.1M | $24.0M | $46.1M | $38.8M | $34.9M | $46.9M |
| Net cash (debt) | −$54.0M | −$53.1M | −$49.0M | −$43.7M | −$39.0M | −$20.6M | −$41.8M | −$38.1M | −$28.0M | −$43.3M |
| Working capital | −$5.9M | $12.8M | $28.9M | $26.8M | $35.8M | $57.7M | $37.5M | $5.4M | $16.2M | $14.4M |
| Tangible book value | $674,792 | $30.9M | $17.3M | $35.6M | $41.2M | $34.6M | $38.3M | $16.0M | $21.0M | $4.2M |
| Book value per share | $19.79 | $32.03 | $26.25 | $43.03 | $48.85 | $66.47 | $72.72 | $69.11 | $90.73 | — |
| Shares outstanding | 2.3M | 2.1M | 2.0M | 1.7M | 1.7M | 1.5M | 1.1M | 886K | 747K | — |
| Current ratio | 0.92 | 1.18 | 1.60 | 1.44 | 1.68 | 2.70 | 1.88 | 1.11 | 1.39 | 1.34 |
| Quick ratio | 0.31 | 0.49 | 0.44 | 0.38 | 0.44 | 0.50 | 0.43 | 0.47 | 0.83 | 0.71 |
| Debt / equity | 1.21 | 0.82 | 0.99 | 0.63 | 0.53 | 0.24 | 0.56 | 0.63 | 0.52 | 0.90 |
| Equity / assets | 37.3% | 45.2% | 38.4% | 49.1% | 52.2% | 68.4% | 59.3% | 52.3% | 53.4% | 42.4% |
| Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | Sep '22 | Jun '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $354,497 | $1.4M | $480,359 | $294,014 | $171,009 | $1.1M | $987,422 | $3.4M | $1.6M | $1.3M | $1.2M | $2.1M |
| Cash & equivalents | $354,497 | $1.4M | $480,359 | $294,014 | $171,009 | $1.1M | $987,422 | $3.4M | $1.6M | $1.3M | $1.2M | $2.1M |
| Receivables | $11.4M | $8.4M | $17.0M | $20.9M | $22.5M | $27.0M | $34.9M | $31.5M | $20.4M | $24.1M | $27.7M | $19.1M |
| Inventory | $16.9M | $21.0M | $26.5M | $38.1M | $43.5M | $46.0M | $42.9M | $45.1M | $55.7M | $53.0M | $49.8M | $54.5M |
| Other current assets | $2.9M | $3.4M | $2.6M | $4.1M | $2.6M | $3.0M | $3.4M | $4.1M | $10.7M | $3.3M | $1.9M | $1.6M |
| Total current assets | $31.5M | $34.2M | $46.6M | $63.4M | $68.7M | $77.1M | $82.1M | $84.1M | $88.4M | $81.7M | $80.7M | $77.2M |
| Property, plant & equipment (net) | $6.5M | $6.5M | $6.9M | $11.9M | $13.3M | $14.1M | $13.1M | $13.1M | $13.6M | $19.9M | $16.2M | $16.9M |
| Goodwill & intangible assets | $12.8M | $13.0M | $43.3M | $24.0M | $28.0M | $28.8M | $37.1M | $37.8M | $30.3M | $31.0M | $33.1M | $34.1M |
| Long-term investments | $17.4M | $18.1M | $18.8M | $19.7M | $21.1M | $21.6M | $22.2M | $23.1M | $24.1M | $0 | $0 | $0 |
| Other non-current assets | $1.4M | $1.5M | $0 | $1.7M | $2.1M | $2.1M | $0 | $0 | $2.0M | $1.7M | $5.3M | $5.6M |
| Total assets | $69.6M | $73.3M | $96.6M | $120.7M | $133.2M | $143.7M | $148.8M | $152.0M | $158.5M | $134.2M | $135.3M | $133.8M |
| Liabilities | ||||||||||||
| Accounts payable | $9.0M | $9.5M | $9.4M | $13.5M | $13.2M | $14.9M | $17.1M | $13.3M | $17.4M | $15.3M | $17.1M | $15.9M |
| Short-term debt | $17.4M | $14.0M | $16.7M | — | $46.6M | $48.0M | $45.5M | $48.7M | $43.8M | $49.2M | $47.9M | $9.1M |
| Deferred revenue | $2.2M | $4.5M | $2.1M | — | $2.5M | $5.5M | $306,758 | $464,707 | $1.4M | $6.2M | $963,435 | $605,960 |
| Total current liabilities | $31.4M | $33.2M | $54.9M | $69.2M | $69.7M | $74.4M | $73.4M | $71.3M | $71.4M | $80.1M | $76.5M | $48.3M |
| Long-term debt | $4.4M | $4.4M | $4.4M | $4.4M | $4.4M | $4.4M | $4.2M | $4.5M | $3.6M | $3.7M | $3.5M | $25.2M |
| Lease obligations | $416,870 | $450,276 | $519,125 | $899,085 | $948,411 | $952,541 | $1.0M | $688,164 | $649,141 | $847,901 | $1.1M | $1.3M |
| Other long-term liabilities | $7.0M | $744,461 | $883,450 | $7.8M | $2.3M | $2.6M | $8.3M | $7.4M | $7.7M | $8.4M | $8.7M | $8.9M |
| Total liabilities | $42.8M | $38.3M | $60.2M | $81.5M | $76.4M | $81.4M | $86.0M | $83.2M | $82.8M | $92.2M | $88.6M | $82.4M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2,146 | $2,139 | $43,398 | — | $43,340 | $43,317 | $43,048 | $43,004 | $42,914 | $42,788 | $42,633 | $42,609 |
| Retained earnings (deficit) | −$142.6M | −$140.2M | −$138.4M | −$122.1M | −$109.9M | −$104.6M | −$98.0M | −$91.9M | −$84.6M | −$116.6M | −$110.5M | −$105.9M |
| Treasury stock | — | — | — | — | — | — | — | — | −$134,196 | −$134,196 | — | — |
| Accumulated other comprehensive income | −$34,420 | −$39,958 | −$30,156 | — | −$7.4M | −$6.8M | −$7.1M | −$7.0M | −$6.9M | −$6.7M | −$7.3M | −$6.6M |
| Minority interest | $41,708 | $41,708 | — | — | — | — | — | — | $25,196 | $30,988 | — | — |
| Total shareholders' equity | $32.9M | $35.0M | $36.4M | $39.2M | $56.8M | $62.3M | $62.8M | $68.8M | $75.7M | $42.0M | $46.6M | $51.4M |
| Key figures | ||||||||||||
| Total debt | $21.9M | $19.2M | $22.0M | $4.4M | $53.1M | $54.8M | $50.3M | $53.2M | $47.5M | $52.9M | $51.7M | $46.7M |
| Net cash (debt) | −$21.6M | −$17.8M | −$21.6M | −$4.1M | −$52.9M | −$53.7M | −$49.3M | −$49.8M | −$45.9M | −$51.6M | −$50.5M | −$44.6M |
| Working capital | $68,687 | $1.0M | −$8.3M | −$5.9M | −$1.0M | $2.6M | $8.7M | $12.8M | $17.0M | $1.6M | $4.2M | $28.9M |
| Tangible book value | $20.2M | $22.0M | −$6.9M | $15.2M | $28.8M | $33.5M | $25.6M | $30.9M | $45.4M | $11.1M | $13.5M | $17.3M |
| Book value per share | $15.36 | $15.25 | $15.94 | $17.19 | $26.22 | $28.90 | $29.19 | — | $35.07 | $19.70 | $21.89 | $24.56 |
| Shares outstanding | 2.1M | 2.3M | 2.3M | 2.3M | 2.2M | 2.2M | 2.2M | — | 2.2M | 2.1M | 2.1M | 2.1M |
| Current ratio | 1.00 | 1.03 | 0.85 | 0.92 | 0.99 | 1.04 | 1.12 | 1.18 | 1.24 | 1.02 | 1.06 | 1.60 |
| Quick ratio | 0.37 | 0.29 | 0.32 | 0.31 | 0.32 | 0.38 | 0.49 | 0.49 | 0.31 | 0.32 | 0.38 | 0.44 |
| Debt / equity | 0.67 | 0.55 | 0.61 | 0.11 | 0.93 | 0.88 | 0.80 | 0.77 | 0.63 | 1.26 | 1.11 | 0.91 |
| Equity / assets | 47.3% | 47.7% | 37.7% | 32.5% | 42.6% | 43.3% | 42.2% | 45.2% | 47.8% | 31.3% | 34.5% | 38.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed November 1, 2024); data from EODHD.
SANW financial position
At the end of fiscal 2024 (June 30, 2024), S&W Seed had total assets of $120.7 million (down 20.6% from a year earlier), total liabilities of $75.7 million and shareholders' equity of $45.0 million. It held $0.3 million in cash and short-term investments against $54.3 million of debt, net debt of $54.0 million. Its current ratio was 0.92. In the latest quarter (ended March 31, 2025) total assets were $69.6 million and equity $32.9 million.
Related: SANW income statement, SANW cash flow statement, SANW key metrics. See the SANW stock overview for the latest quote and news.
SANW balance sheet FAQ
What are S&W Seed's total assets?
S&W Seed reported total assets of $120.7 million at the end of fiscal 2024 (June 30, 2024), compared with $152.0 million a year earlier.
How much debt does S&W Seed have?
S&W Seed had $54.3 million of total debt at the end of fiscal 2024, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.21.
How much cash does S&W Seed have?
S&W Seed held $0.3 million in cash and short-term investments at the end of fiscal 2024; with $54.3 million of debt that is net debt of $54.0 million.
What is S&W Seed's book value?
S&W Seed's shareholders' equity (book value) was $45.0 million at the end of fiscal 2024, or $19.79 per share.
What is S&W Seed's current ratio?
S&W Seed had current assets of $63.4 million and current liabilities of $69.2 million, a current ratio of 0.92 (current liabilities exceed current assets).
How much goodwill does S&W Seed have?
S&W Seed carried $44.3 million of goodwill and intangible assets, 36.7% of total assets, at the end of fiscal 2024.