Skip to main content
Institutional deep-dive - valuation, health, statements

Financial Analysis

Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data

Fundamentals

Sow Good Inc. SOWG

· Consumer · Food and Kindred Products

FY2025 10-K, filed 2026-03-31
SEC EDGAR

Filing evidence summary

Mixed evidenceCoverage 3/5 core metrics

Latest reported free cash flow was -$10M.

Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.

Evidence signals

  • Free cash flow was negative

    Latest reported free cash flow was -$10M.

    Why this surfaced

    Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2019-12-31.

  • Shareholders' equity was non-positive

    Debt/equity is shown as not meaningful rather than as a negative leverage ratio.

    Why this surfaced

    Same-period reported shareholders' equity was zero or negative; review the balance sheet and capital structure. Period end 2025-12-31.

  • 5 filing risk checks flagged

    Flagged areas: Earnings quality, Solvency & liquidity, Dilution.

    Why this surfaced

    The full financial analysis shows each value, threshold, and sector limitation.

  • Operating margin improved

    Operating margin changed +2535.0 percentage points from the prior annual period.

    Why this surfaced

    Direction threshold: more than +1 percentage point constructive; below -1 point caution. Period end 2023-12-31.

Core trend metrics

Latest annual operating margin
-7.6%
as of 2023-12-31
Free cash flow
-$10M
as of 2019-12-31
Debt / equity
N/M
as of 2025-12-31

Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.

Where to look next

Risk checks

5of 9 rule-based checks flagged
  • Earnings quality
  • Solvency & liquidity
  • Dilution

Financial movement

  • Cash→ flat
  • Long-term debt→ flat
  • Inventory→ flat
  • Receivables→ flat
  • Current assets→ flat

Source & freshness

Source
SEC EDGAR XBRL
Fetched
2026-09-06
Latest period end
2025-12-31
Filings
EDGAR ↗

Reported segment mix

figures as filed · share of the filed sum · change vs the prior period in the same filing
Fiscal year ending 2025-12-3110-K filed 2026-03-31prior period 2024-12-31 from the same filingView filing
By business segment
Revenue
  • Reportable Segment Aggregation Before Other Operating Segment$0
    share n/a
    no prior

No consolidated figure stored for this period; shares are of the filed sum.

Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.

Peer percentiles

latest fiscal year ending 2025-12-31 · among 4,104 US-listed filers · 481 in Consumer
MetricValuevs all filersvs sector
Cash-flow accrual ratio
(net income − operating cash flow) ÷ average total assets · lower is ranked higher
-124.3%
99thof 3,291
top third
100thof 384
top third
Balance-sheet accrual ratio
change in net operating assets ÷ average net operating assets · lower is ranked higher
-266.6%
98thof 2,805
top third
100thof 301
top third

Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.

Earnings quality

latest fiscal year ending 2025-12-31 · accruals and cash conversion as filed
Cash conversion
-
operating cash flow ÷ net income, latest fiscal year
Cash-flow accrual ratio
-124.3%
(net income − operating cash flow) ÷ average total assets
Balance-sheet accrual ratio
-266.6%
change in net operating assets ÷ average net operating assets
Cash-backed years
1 of 3
fiscal years where operating cash flow met or exceeded net income
Mean cash conversion
-
across the stored fiscal years with positive net income

Per fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.

Point-in-time ledger

first-reported vs latest filing · periods since 2020-01-01 · 13 changed periods
Line itemPeriodFirst reportedLatest filingChangeFilings
Operating income
OperatingIncomeLoss
fiscal year 2024-12-31-$1.56M
10-K 2025-03-27
-$11.1M
10-K 2026-03-31
-612.6%first · latest
Stockholders' equity
StockholdersEquity
balance at 2023-06-30$795K
10-Q 2023-08-14
-$1.28M
10-Q 2024-11-14
-261.0%first · latest · 4 filings carry it
Revenue
Revenues
fiscal year 2024-12-31$32M
10-K 2025-03-27
$0
10-K 2026-03-31
-100.0%first · latest
Equity issued
ProceedsFromIssuanceOfCommonStock
fiscal year 2024-12-31$17.9M
10-K 2025-03-27
$0
10-K 2026-03-31
-100.0%first · latest
Depreciation and amortization
DepreciationDepletionAndAmortization
fiscal year 2024-12-31$827K
10-K 2025-03-27
$31.6K
10-K 2026-03-31
-96.2%first · latest
Operating income
OperatingIncomeLoss
quarter 2025-06-30-$4.07M
10-Q 2025-08-14
-$1.16M
10-Q 2026-08-19
+71.6%first · latest
Depreciation and amortization
DepreciationDepletionAndAmortization
quarter 2025-03-31$252K
10-Q 2025-05-14
$136K
10-Q 2026-05-20
-46.2%first · latest
Gross profit
GrossProfit
quarter 2023-09-30$2.32M
10-Q 2023-11-14
$1.34M
10-Q 2024-11-14
-42.4%first · latest
Operating income
OperatingIncomeLoss
quarter 2025-03-31-$2.42M
10-Q 2025-05-14
-$1.59M
10-Q 2026-05-20
+34.3%first · latest
Gross profit
GrossProfit
fiscal year 2023-12-31$4.88M
10-K 2024-03-22
$3.28M
10-K 2025-03-27
-32.9%first · latest
Gross profit
GrossProfit
quarter 2023-06-30-$1.38M
10-Q 2023-08-14
-$1.58M
10-Q 2024-08-14
-14.5%first · latest
Net income
NetIncomeLoss
quarter 2025-03-31-$2.57M
10-Q 2025-05-14
-$2.75M
10-Q 2026-05-20
-7.1%first · latest
Gross profit
GrossProfit
quarter 2023-03-31$122K
10-Q 2023-05-22
$115K
10-Q 2024-05-15
-6.0%first · latest

4 share-count periods re-presented for a stock split (1-for-15) are listed apart from restatements and not counted above.

First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.

Notes by disclosure type

Not available for SOWG yet: no footnote text blocks on file for this filer in the ingested DERA files.

Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.

Educational content only. Not financial advice. TrendNalysis provides educational and informational financial analysis built from public SEC filings and economic data (FRED, BLS). It is not financial, investment, tax, or legal advice and is not a recommendation to buy or sell any security. Market pricing is not currently included. Past performance does not guarantee future results. Always do your own research and consult a licensed financial professional before investing.