The capital structure is critically compromised, evidenced by a negative equity position of $61.1 million and a total debt load of $11.8 million against a rapidly shrinking asset base of only $2.4 million.
| Total Current Assets | 2.38M | 2.76M | 152.68M | 112.85M | 10.65M | 17.97M | 4.49M | 945.56K | 637.89K | 376.84K | 703.69K |
| Cash & Short-Term Investments | 679K | 653K | 1.79M | 1.35M | 9.9M | 15.77M | 4.2M | 897.49K | 357.84K | 78.68K | 335.72K |
| Cash Only | 679K | 653K | 1.79M | 1.35M | 9.9M | 15.77M | 4.2M | 897.49K | 357.84K | 78.68K | 335.72K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 6K | 391K | 25.09M | 100.25M | 363K | 1.86M | 142.7K | 175.19K | 218.57K | 182.11K | 253.53K |
| Days Sales Outstanding | 65.2 | 0.58 | 13.07 | 51 | 0.82 | 65.59 | 11.64 | 12.89 | 13.25 | 8.38 | 18.68 |
| Inventory | 0 | 0 | 717K | 2.56M | 298K | 258.79K | 113.82K | 78.42K | 45.07K | 92.77K | 64.12K |
| Days Inventory Outstanding | 0.16 | - | 0.38 | 1.32 | 0.68 | 9.2 | 7.37 | 6.55 | 3.34 | 4.47 | 5.93 |
| Other Current Assets | 0 | 0 | 117.32M | 7.92M | 0 | 602 | 0 | -253.61K | 0 | 0 | 0 |
| Total Non-Current Assets | 5K | 140K | 11.97M | 65.24M | 16.58M | 11.46M | 6.01M | 5.48M | 3.85M | 3.87M | 7.55M |
| Property, Plant & Equipment | 4K | 130K | 11.95M | 14.17M | 4.33M | 2.28M | 2.34M | 1.65M | 637.29K | 517K | 1.07M |
| Fixed Asset Turnover | 19.23x | 1899.76x | 58.65x | 50.65x | 37.36x | 4.54x | 1.91x | 3.01x | 9.45x | 15.34x | 4.62x |
| Goodwill | 0 | 0 | 0 | 1.8M | 2.63M | 2.63M | 656.35K | 656.35K | 0 | 0 | 2.52M |
| Intangible Assets | 0 | 0 | 0 | 2.83M | 4.61M | 6.39M | 2.88M | 3.04M | 3.1M | 3.18M | 3.7M |
| Long-Term Investments | 13.41M | 0 | 0 | 46.37M | 0 | 0 | 996 | 98.68K | 75.76K | 150.52K | 0 |
| Other Non-Current Assets | 1K | 10K | 23K | 76K | 5.02M | 167.77K | 132.91K | -3M | 33.53K | 21.4K | 253.67K |
| Total Assets | 2.38M | 2.9M | 164.65M | 178.09M | 27.23M | 29.43M | 10.5M | 6.26M | 4.49M | 4.25M | 8.25M |
| Asset Turnover | 2.20x | 85.25x | 4.26x | 4.03x | 5.94x | 0.35x | 0.43x | 0.79x | 1.34x | 1.87x | 0.60x |
| Asset Growth % | -273.94% | -98.24% | -7.54% | 554.03% | -7.48% | 180.21% | 67.77% | 39.53% | 5.64% | -48.54% | - |
| Total Current Liabilities | 60.13M | 57.56M | 132.17M | 104.58M | 6.62M | 2.93M | 3.11M | 4.49M | 4.56M | 4.68M | 2.43M |
| Accounts Payable | 4.17M | 29.69M | 27.02M | 48.83M | 1.08M | 911.41K | 692.97K | 857.85K | 841.33K | 1.43M | 360.25K |
| Days Payables Outstanding | 78.98 | 44.71 | 14.17 | 25.14 | 2.49 | 32.42 | 44.87 | 71.68 | 62.31 | 68.73 | 33.34 |
| Short-Term Debt | 11.17M | 10.2M | 7.39M | 6.53M | 222K | 347.51K | 884.01K | 1.06M | 139.28K | 170K | 0 |
| Deferred Revenue (Current) | 0 | 0 | 2.25M | 1.23M | 120K | 49.73K | 153.89K | 211.37K | 1.03M | 1.5M | 1.3M |
| Other Current Liabilities | 43.91M | 0 | 94.49M | 46.27M | 157K | 322.89K | 1.26M | 2.16M | 499.51K | 1.31M | 158.24K |
| Current Ratio | 0.04x | 0.05x | 1.16x | 1.08x | 1.61x | 6.14x | 1.44x | 0.21x | 0.14x | 0.08x | 0.29x |
| Quick Ratio | 0.04x | 0.05x | 1.15x | 1.05x | 1.56x | 6.05x | 1.41x | 0.19x | 0.13x | 0.06x | 0.26x |
| Cash Conversion Cycle | -13.62 | - | -0.72 | 27.18 | -0.98 | 42.38 | -25.86 | -52.23 | -45.72 | -55.87 | -8.72 |
| Total Non-Current Liabilities | 678K | 84K | 111K | 49.25M | 4.05M | 2.11M | 1.6M | 1.53M | 2.77M | 2.77M | 1.51M |
| Long-Term Debt | 0 | 0 | 0 | 622K | 759K | 1.01M | 575.14K | 315.3K | 2.73M | 2.73M | 1M |
| Capital Lease Obligations | 952K | 84K | 111K | 1.03M | 2.02M | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 246.53K |
| Other Non-Current Liabilities | 0 | 0 | 0 | 46.05M | 0 | 91.3K | 79.29K | 58.61K | 45.31K | 31.31K | 257.78K |
| Total Liabilities | 60.8M | 57.64M | 132.28M | 153.83M | 10.67M | 5.04M | 4.71M | 6.01M | 7.33M | 7.45M | 3.94M |
| Total Debt | 11.84M | 10.31M | 7.52M | 8.56M | 3.56M | 1.35M | 1.46M | 1.38M | 2.87M | 2.9M | 1M |
| Net Debt | 11.16M | 9.65M | 5.74M | 7.21M | -6.34M | -14.41M | -2.74M | 478.85K | 2.51M | 2.83M | 669.01K |
| Debt / Equity | -0.20x | - | 0.23x | 0.35x | 0.21x | 0.06x | 0.25x | 5.60x | - | - | 0.23x |
| Debt / EBITDA | -0.26x | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -0.25x | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -15.77x | -15.65x | 2.21x | -10.31x | -1178.44x | -116.53x | -64.24x | -5.72x | -1.21x | -2.98x | -29.81x |
| Total Equity | -58.42M | -54.74M | 32.37M | 24.26M | 16.56M | 24.39M | 5.8M | 245.76K | -2.84M | -3.2M | 4.32M |
| Equity Growth % | -537.5% | -269.11% | 33.46% | 46.47% | -32.11% | 320.93% | 2258.02% | 108.64% | 11.2% | -174.16% | - |
| Book Value per Share | -64.41 | -66.74 | 69.39 | 69.42 | 57.99 | 148.13 | 76.45 | 3.09 | -39.19 | -44.14 | 5.95 |
| Total Shareholders' Equity | -61.09M | -57.41M | 29.19M | 20.82M | 16.56M | 24.39M | 5.8M | 245.76K | -2.84M | -3.13M | 4.16M |
| Common Stock | 1K | 1K | 1K | 4K | 3K | 2.61K | 1.17K | 571 | 148 | 109 | 5.16M |
| Retained Earnings | -181.52M | -176.65M | -83.19M | -87.18M | -79.36M | -71.37M | -63.19M | -53.09M | -23.83M | -17.05M | -3.84M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -173K | -34K | -27K | 8K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 2.67M | 2.67M | 3.18M | 3.44M | 0 | 0 | 0 | 0 | 0 | -69.93K | 159.72K |
Imminent liquidity and solvency risk
As reported in recent financial filings, Sadot Group's total assets have plummeted from $178.1 million in 2023Q4 to a mere $2.4 million by 2026Q1, signaling a severe and rapid contraction that undermines the company's ability to sustain its pivot toward global agri-commodity trading operations.
The dramatic decline in asset base suggests that the company is liquidating or losing control of the resources necessary to maintain its business model. This trajectory indicates that the transition to an agri-commodity focus has failed to generate the scale required to stabilize the balance sheet.
Based on the most recent quarterly data, the company's current ratio has deteriorated to a precarious 0.04, with cash reserves dwindling to $653,000, which suggests an immediate threat to the firm's ability to meet short-term obligations and maintain ongoing operational continuity.
A current ratio of 0.04 is indicative of a severe liquidity crisis, leaving virtually no buffer against operational shocks or unexpected liabilities. Investors should monitor the company's ability to secure emergency financing, as current cash levels appear insufficient to support even minimal overhead.
According to the latest balance sheet, Sadot Group reports a negative equity position of $61.1 million, a stark reversal from the $20.8 million reported in 2023Q4, which highlights the profound impact of persistent net losses on the company's long-term capital structure.
The shift into negative equity suggests that accumulated losses have completely eroded the company's book value, leaving shareholders with no residual claim on assets. This condition often precedes significant restructuring or dilution events as the company attempts to address its insolvency.
As evidenced by the provided financial statements, total debt remains elevated at $11.8 million relative to a shrinking asset base of $2.4 million, which indicates that the company's leverage profile has become increasingly unsustainable as the business model fails to generate sufficient cash flow.
The presence of significant debt alongside a collapsing asset base suggests that the company is highly vulnerable to creditor intervention. The inability to deleverage while revenue contracts implies that the debt burden is likely a primary driver of the company's current financial distress.
Based on the rapid disappearance of $175.7 million in assets over ten quarters, the most non-obvious risk is that the remaining balance sheet may contain impaired or non-liquid assets that cannot be easily converted to cash to satisfy pressing creditor demands.
The lack of transparency regarding the nature of the remaining assets warrants further investigation, as the current valuation may not reflect the actual recovery value in a distress scenario. The rapid asset turnover suggests that the company may be burning through its core productive capacity to fund operating losses.
Quick answers to the most common questions about buying SDOT stock.
As of 2025, Sadot Group Inc. (SDOT) had total assets of $2.9M including $2.8M in current assets.
Sadot Group Inc. (SDOT) carries total debt of $10.3M, offset by $0.7M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Sadot Group Inc. (SDOT) has total shareholders' equity (book value) of $-57.4M ($-66.74 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Sadot Group Inc. (SDOT) reported a current ratio of 0.05x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.