Sovos Brands
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Sovos Brands's balance sheet done over the years? Its assets were worth $1,259,044,000 last year, which is more than in the previous period. 58% of Sovos Brands’s total assets is currently financed by debt. Its liabilities reached the amount of $729,055,000, which means an increase by 7% compared compared to last year.
Debt to Assets
| 2019 | 992540000 | 408.54M | 41.16% |
|---|---|---|---|
| 2020 | 1144826000 | 548.12M | 47.88% |
| 2021 | 1177931000 | 668.44M | 56.75% |
| 2022 | 1158799000 | 682.77M | 58.92% |
| 2023 | 1259044000 | 729.05M | 57.91% |
SOVO Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 231.98M | 138.65M | 66.15M | 37.02M | 30.68M |
Short term investments | 0 | 1.99M | 0 | 0 | 0 |
Net receivables | 97.65M | 87.69M | 70.72M | 60.99M | 43.71M |
Inventory | 95.51M | 92.60M | 51.61M | 47.06M | 26.73M |
Other current assets | 7.84M | 11.97M | 6.68M | 4.38M | 4.62M |
Total current assets | 433.00M | 330.92M | 195.18M | 149.47M | 105.75M |
Non-current assets: | |||||
Property, Plant and Equipment | 76.14M | 77.64M | 78.34M | 59.48M | 65.98M |
Goodwill | 395.39M | 395.39M | 437.45M | 437.29M | 395.39M |
Intangible assets | 329.12M | 351.54M | 464.65M | 491.89M | 418.82M |
Long term investments | 329.12M | 1.63M | -76.97M | -16.74M | -21.07M |
Other non-current assets | -327.80M | -61.99M | 2.29M | 6.68M | 6.57M |
Total non-current assets | 826.04M | 827.87M | 982.74M | 995.34M | 886.78M |
Total assets | 1.25B | 1.15B | 1.17B | 1.14B | 992.54M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 63.64M | 0 | 0 | 0 |
Short term debt | 3.45M | 3.40M | 3.31M | 3.81M | 2.8M |
Total current liabilities | 149.30M | 122.24M | 92.32M | 100.08M | 61.43M |
| Non-current liabilities: | |||||
Long term debt | 476.24M | 496.40M | 498.72M | 360.04M | 265.79M |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 346K | 483K | 421K | 13.25M | 11.33M |
Total non-current liabilities | 579.75M | 560.53M | 576.11M | 448.03M | 347.11M |
Total liabilities | 729.05M | 682.77M | 668.44M | 548.12M | 408.54M |
| Data source | Data source | Data source |