Springwater Special Situations Corp. - SWSSU

SWSSU Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
SWSSU	-11.0	0	0	0	0	-4.9	0.1	1.5	1.5	1.5
S&P 500	0.7	1.6	2.7	4.1	9.5	25.6	38.1	83.3	195.2	34387.0

Compare SWSSU with other assets →

Returns Charts ⓘ

Interactive Price Chart

Our interactive price chart includes various drawing tools to help you analyze the product more effectively. Below is a quick guide on how to use these tools: Full Guideline

Real-time Full Quote

Attribute	Value
symbol	SWSSU
name	Springwater Special Situations Corp.
price	10
changes percentage	-10.9528
change	-1.23
day low	10
day high	11.23
year high	13.4
year low	10
market cap	74365830
price avg 50	10
price avg 200	10.1862
exchange	NASDAQ
volume	901
avg volume	0
open	11.23
previous close	None
eps	-0.052
pe	-192.31
earnings announcement	2023-03-31T00:00:00.000+0000
shares outstanding	7436583
timestamp	2025-01-21 20:00:00

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 55.7%

Overall Quarterly Financial Health: 50.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2022	2021	Y/Y change %
0001838000
revenue	0	0	NaN
gross profit	-1202726	-581362	-106.88
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	1202726	581362	106.88
interest income	2505330	16753	14854.52
interest expense	0	234	-100.00
ebitda	-1202726	-564609	-113.02
ebitdaratio	0	0	NaN
operating income	-1202726	-581362	-106.88
operating income ratio	0	0	NaN
net income	838650	-563546	248.82
net income ratio	0	0	NaN
eps	0.16	-0.12	233.33

Overall Score of Annual Income Statement

0.5 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Gross Profit: Gross Profit decreased to -1 million in 2022 from -1 million in 2021 representing a change of -106.88%. This indicates a sales profitability decline, which is a negative sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to -1 million in 2022 from -1 million in 2021 representing a change of -113.02%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to -1 million in 2022 from -1 million in 2021 representing a change of -106.88%. The decrease in operating income indicates worse operational performance and decreased profitability.

• 📈 Positive Indicators

  Operating Expenses: Operating Expenses decreased to 1 million in 2022 from 1 million in 2021 representing a change of 106.88%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  Net Income: Net income increased to 1 million in 2022 from -1 million in 2021 representing a change of 248.82%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.16 in 2022 from 0.16 in 2021 representing a change of 233.33%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2023Q3	2023Q2	Q/Q change %
0001838000
revenue	0	0	NaN
gross profit	-234940	-195594	-20.12
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	234940	195594	20.12
interest income	253756	241362	5.14
interest expense	174285	130715	33.33
ebitda	18816	110647	-82.99
ebitdaratio	0	0	NaN
operating income	-234940	-195594	-20.12
operating income ratio	0	0	NaN
net income	-206783	-132588	-55.96
net income ratio	0	0	NaN
eps	-0.04	-0.02	-56.28

Overall Score of Quarterly Income Statement

0.5 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Gross Profit: Gross Profit decreased to 0 million in 2023Q3 from 0 million in 2023Q2 representing a change of -20.12%. This indicates a sales profitability decline, which is a negative sign for the company.

  Operating Expenses: Operating Expenses increased to 0 million in 2023Q3 from 0 million in 2023Q2 representing a change of 20.12%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  Earnings per Share (EPS): EPS increased to -0.04 in 2023Q3 from -0.04 in 2023Q2 representing a change of -56.28%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

• 📈 Positive Indicators

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 0 million in 2023Q3 from 0 million in 2023Q2 representing a change of -82.99%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 0 million in 2023Q3 from 0 million in 2023Q2 representing a change of -20.12%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 0 million in 2023Q3 from 0 million in 2023Q2 representing a change of -55.96%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2022	2021	Y/Y change %
0001838000
total assets	175488391	174104053	0.80
total liabilities	790300	244612	223.08
total equity	174698091	173859441	0.48
cash and cash equivalents	14918	413067	-96.39
short term investments	0	0	NaN
long term investments	175167573	172916155	1.30
total current assets	320818	888694	-63.90
total non current assets	175167573	173215359	1.13
total current liabilities	790300	244612	223.08
total non current liabilities	0	0	NaN
common stock	174635513	172898641	1.00
retained earnings	62578	-564996	111.08
total debt	0	0	NaN

Overall Score of Annual Balance Sheet

0.5 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 175 million in 2022 from 174 million in 2021 representing a change of 0.8%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 175 million in 2022 from 174 million in 2021 representing a change of 0.48%. This indicates an increase in shareholders' equity.

  Common Stock: Common Stock increased to 175 in 2022 from 173 in 2021 representing a change of 1.0%. This indicates an increase in ownership interest.

  Retained Earnings: Retained Earnings increased to 0 million in 2022 from -1 million in 2021 representing a change of 111.08%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 1 million in 2022 from 0 million in 2021 representing a change of 223.08%. This indicates an increase in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 0 million in 2022 from 0 million in 2021 representing a change of -96.39%. This indicates a decrease in available liquid assets.

  Total Current Assets: Total Current Assets decreased to 0 million in 2022 from 1 million in 2021 representing a change of -63.9%. This indicates a worsen liquidity position.

  Total Current Liabilities: Total Current Liabilities increased to 1 million in 2022 from 0 million in 2021 representing a change of 223.08%. This indicates a higher short-term debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2023Q3	2023Q2	Q/Q change %
0001838000
total assets	17481401	20724456	-15.65
total liabilities	2898142	2510869	15.42
total equity	14583259	18213587	-19.93
cash and cash equivalents	0	26187	-100.00
short term investments	0	0	NaN
long term investments	17248945	20371845	-15.33
total current assets	17530	137685	-87.27
total non current assets	17463871	20586771	-15.17
total current liabilities	2898142	2510869	15.42
total non current liabilities	0	2172675	-100.00
common stock	16846629	20002343	-15.78
retained earnings	-2263370	-1788756	-26.53
total debt	305000	130715	133.33

Overall Score of Quarterly Balance Sheet

0.0 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 17 million in 2023Q3 from 21 million in 2023Q2 representing a change of -15.65%. Suggesting a decrease in asset holdings.

  Total Liabilities: Total Liabilities increased to 3 million in 2023Q3 from 3 million in 2023Q2 representing a change of 15.42%. This indicates an increase in overall liabilities.

  Total Equity: Total Equity decreased to 15 million in 2023Q3 from 18 million in 2023Q2 representing a change of -19.93%. This indicates a decrease in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 0 million in 2023Q3 from 0 million in 2023Q2 representing a change of -100.0%. This indicates a decrease in available liquid assets.

  Total Current Assets: Total Current Assets decreased to 0 million in 2023Q3 from 0 million in 2023Q2 representing a change of -87.27%. This indicates a worsen liquidity position.

  Total Current Liabilities: Total Current Liabilities increased to 3 million in 2023Q3 from 3 million in 2023Q2 representing a change of 15.42%. This indicates a higher short-term debt burden.

  Common Stock: Common Stock decreased to 17 in 2023Q3 from 20 in 2023Q2 representing a change of -15.78%. This indicates a decrease in ownership interest.

  Retained Earnings: Retained Earnings decreased to -2 million in 2023Q3 from -2 million in 2023Q2 representing a change of -26.53%. This indicates an accumulated losses.

  Total Debt: Total Debt increased to 0 million in 2023Q3 from 0 million in 2023Q2 representing a change of 133.33%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2022	2021	Y/Y change %
0001838000
net change in cash	-398149	413067	-196.39
operating cash flow	-651399	-1113235	41.49
free cash flow	-651399	-1113235	41.49
capital expenditure	0	0	NaN
depreciation and amortization	0	0	NaN
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	0	0	NaN
net cash used for investing activites	253250	-172898105	100.15
debt repayment	0	0	NaN
common stock issued	0	174848105	-100.00
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	0	174424407	-100.00
cash at end of period	14918	413067	-96.39
accounts receivables	0	0	NaN
cash at beginning of period	413067	0	NaN

Overall Score of Annual Cashflow Statement

0.67 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to 0 million in 2022 from 0 million in 2021 representing a change of -196.39%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

• 📈 Positive Indicators

  Operating Cash Flow: Operating Cash Flow increased to -1 million in 2022 from -1 million in 2021 representing a change of 41.49%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to -1 million in 2022 from -1 million in 2021 representing a change of 41.49%. This indicates an increase in cash generated after accounting for capital expenditures.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023Q3	2023Q2	Q/Q change %
0001838000
operating cash flow	-103037	-722259	85.73
free cash flow	-103037	-722259	85.73
capital expenditure	0	0	NaN
depreciation and amortization	0	0	NaN
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	0	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	0	0	NaN
net cash used for investing activites	3415152	464050	635.94
debt repayment	0	263879	-100.00
common stock issued	0	0	NaN
common stock repurchased	-3389649	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	-3299489	263879	-1350.38
net change in cash	12626	5670	122.68
cash at end of period	38813	26187	48.21
cash at beginning of period	26187	20517	27.64

Overall Score of Quarterly Cashflow Statement

1.0 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 0 million in 2023Q3 from 0 million in 2023Q2 representing a change of 122.68%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 0 million in 2023Q3 from -1 million in 2023Q2 representing a change of 85.73%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 0 million in 2023Q3 from -1 million in 2023Q2 representing a change of 85.73%. This indicates an increase in cash generated after accounting for capital expenditures.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2022-12-31	2021-12-31	Y/Y change %
FY
calendar year	2022	2021	NaN
revenue per share	0	0	NaN
net income per share	0.16	-0.12	226.02
operating cash flow per share	-0.12	-0.25	50.45
free cash flow per share	-0.12	-0.25	50.45
cash per share	0.0	0.09	-96.94
book value per share	32.57	38.28	-14.91
tangible book value per share	32.57	38.28	-14.91
shareholders equity per share	32.57	38.28	-14.91
interest debt per share	0	0.0	-100.00
market cap	54329367.95	44371090.05	22.44
enterprise value	54314449.95	43958023.05	23.56
pe ratio	64.78	-78.74	182.28
price to sales ratio	0	0	NaN
pocfratio	-83.4	-39.86	-109.25
pfcf ratio	-83.4	-39.86	-109.25
pb ratio	0.31	0.26	21.86
ptb ratio	0.31	0.26	21.86
ev to sales	0	0	NaN
enterprise value over ebitda	-45.16	-77.86	42.00
ev to operating cash flow	-83.38	-39.49	-111.16
ev to free cash flow	-83.38	-39.49	-111.16
earnings yield	0.02	-0.01	221.54
free cash flow yield	-0.01	-0.03	52.21
debt to equity	0	0	NaN
debt to assets	0	0	NaN
net debt to ebitda	0.01	0.73	-98.30
current ratio	0.41	3.63	-88.83
interest coverage	0	-2484.45	100.00
income quality	-0.78	1.98	-139.32
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0	0	NaN
capex to revenue	0	0	NaN
capex to depreciation	0	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	10.71	10.34	3.55
roic	-0.0	-0.0	-32.64
return on tangible assets	0.0	-0.0	247.64
graham net net	-0.14	0.04	-489.77
working capital	-469482	644082	-172.89
tangible asset value	174698091	173859441	0.48
net current asset value	-469482	644082	-172.89
invested capital	-469482	644082	-172.89
average receivables	0	0	NaN
average payables	0	0	NaN
average inventory	0	0	NaN
days sales outstanding	0	0	NaN
days payables outstanding	0	0	NaN
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0	0	NaN
inventory turnover	0	0	NaN
roe	0.0	-0.0	248.10
capex per share	0	0	NaN

• Negative

  ROE: Return on Equity (ROE) decreased to 0.00 on 2022-12-31 from -0.00 on 2021-12-31, representing a change of 248.10%. Suggesting that the company has not been generating high returns for its shareholders.

  Current Ratio: Current Ratio decreased to 0.41 on 2022-12-31 from 3.63 on 2021-12-31, representing a change of -88.83%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 64.78 on 2022-12-31 from -78.74 on 2021-12-31, representing a change of 182.28%. Indicating an increase in the relative valuation of the company's stock.

• Quarterly Financial Ratios

	2023-09-30 Q3	2023-06-30 Q2	Q/Q change %
SWSSU
calendar year	2023	2023	NaN
revenue per share	0	0	NaN
net income per share	-0.04	-0.02	-55.96
operating cash flow per share	-0.02	-0.13	85.73
free cash flow per share	-0.02	-0.13	85.73
cash per share	0	0.0	-100.00
book value per share	2.72	3.4	-19.93
tangible book value per share	2.72	3.4	-19.93
shareholders equity per share	2.72	3.4	-19.93
interest debt per share	0.09	0.05	83.33
market cap	56206493.2	55455643.1	1.35
enterprise value	56511493.2	55560171.1	1.71
pe ratio	-67.95	-104.56	35.01
price to sales ratio	0	0	NaN
pocfratio	-545.5	-76.78	-610.46
pfcf ratio	-545.5	-76.78	-610.46
pb ratio	3.85	3.04	26.58
ptb ratio	3.85	3.04	26.58
ev to sales	0	0	NaN
enterprise value over ebitda	3003.37	502.14	498.12
ev to operating cash flow	-548.46	-76.93	-612.97
ev to free cash flow	-548.46	-76.93	-612.97
earnings yield	-0.0	-0.0	-53.88
free cash flow yield	-0.0	-0.01	85.92
debt to equity	0.02	0.01	191.42
debt to assets	0.02	0.01	176.62
net debt to ebitda	16.21	0.94	1615.85
current ratio	0.01	0.05	-88.97
interest coverage	-1.35	-1.5	9.91
income quality	0.5	5.45	-90.85
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0	0	NaN
capex to revenue	0	0	NaN
capex to depreciation	0	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	1.54	1.37	11.75
roic	-0.02	-0.02	-26.12
return on tangible assets	-0.01	-0.01	-84.89
graham net net	-0.54	-0.46	-16.64
working capital	-2880612	-2373184	-21.38
tangible asset value	14583259	18213587	-19.93
net current asset value	-2880612	-2373184	-21.38
invested capital	-2880612	-2373184	-21.38
average receivables	0	0	NaN
average payables	0	0	NaN
average inventory	0	0	NaN
days sales outstanding	0	0	NaN
days payables outstanding	0	0	NaN
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0	0	NaN
inventory turnover	0	0	NaN
roe	-0.01	-0.01	-94.78
capex per share	0	0	NaN

• Negative

  ROE: Return on Equity (ROE) decreased to -0.01 on 2023-09-30 Q3 from -0.01 on 2023-06-30 Q2, representing a change of -94.78%. Suggesting that the company has not been generating high returns for its shareholders.

  Current Ratio: Current Ratio decreased to 0.01 on 2023-09-30 Q3 from 0.05 on 2023-06-30 Q2, representing a change of -88.97%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to -67.95 on 2023-09-30 Q3 from -104.56 on 2023-06-30 Q2, representing a change of 35.01%. Indicating an increase in the relative valuation of the company's stock.

• Neutral

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.02 on 2023-09-30 Q3 from 0.01 on 2023-06-30 Q2, representing a change of 191.42%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Negative Sentiment: Discounted Cash Flow value is 0.0 which is lower than current price 10, indicates the company may be overvalued.