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Springs Global Participacoes S A
Previous close
R$1.64
Year range
R$0.070 - R$2.34
Market cap
16.40M BRL
P/E ratio
-
Dividend yield
-
Primary exchange
BVMF
Market news
Financials
Income Statement
Revenue
Net income
(BRL) | Sep 2023info | Y/Y change |
---|---|---|
Revenue | 165.47M | -44.21% |
Operating expense | 90.25M | -16.22% |
Net income | -173.77M | 0.92% |
Net profit margin | -105.02 | -77.61% |
Earnings per share | — | — |
EBITDA | -67.35M | 3.88% |
Effective tax rate | 0.13% | — |
Balance Sheet
Total assets
Total liabilities
(BRL) | Sep 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 97.20M | -62.35% |
Total assets | 2.21B | -24.75% |
Total liabilities | 2.68B | 14.98% |
Total equity | -469.24M | — |
Shares outstanding | 10.00M | — |
Price to book | -0.03 | — |
Return on assets | -9.36% | — |
Return on capital | -22.14% | — |
Cash Flow
Net change in cash
(BRL) | Sep 2023info | Y/Y change |
---|---|---|
Net income | -173.77M | 0.92% |
Cash from operations | -31.56M | -160.28% |
Cash from investing | -29.65M | -9.66% |
Cash from financing | 3.64M | 105.43% |
Net change in cash | -48.86M | -11.83% |
Free cash flow | -39.13M | -120.71% |
About
Springs Global is a Brazil-based multinational corporation engaged in the manufacturing, marketing, and sale of packaged textile and non-textile home furnishings. It makes textile goods, such as sheets, pillows, bedspreads, towels and bath rugs, under the Springmaid and Wamsutta brands. Other well-known brands from Springs Global include Regal, Beaulieu, Bali, and Nanik. It operates in Argentina, Mexico, Brazil, Canada and the U.S. and has about 30 manufacturing units in 13 states of the U.S.
The previous owner, Springs Industries, combined its home textile operations with Brazil's Coteminas, and the main manufacturing operations were moved to South America from Lancaster County, South Carolina, where the original plant had provided jobs for nearly one-third of the county's population. After the relocation of manufacturing to Brazil, the resulting structure left the renamed Springs Global US to work alongside Coteminas as the operating units of parent Springs Global; most manufacturing decisions and control originate from the Montes Claros headquarters, while executive control is in the U.S. Wikipedia
Founded
2005
Website
Employees
7,454