Superior Group of Cos (SGC) Financials

Superior Group of Cos Inc (SGC) is a company that operates in the textile and apparel industry. The company's income statement is a financial statement that shows the company's revenue, expenses, and net income from stockholders for a specific period of time, usually a year. The income statement shows the company's total revenue, which is the amount of money the company generated from its operations. It also shows the company's gross profit, which is the revenue minus the cost of goods sold. The income statement also includes the company's operating expenses, such as salaries, rent, and utilities. The company's net income from stockholders is the amount of money left after all expenses and taxes have been paid.

Superior Group of Cos Inc (SGC) also provides information about its financial position through its balance sheet. The balance sheet is a snapshot of the company's assets, liabilities, and stockholders' equity at a specific point in time. It shows the company's total assets, which includes cash equivalents, accounts receivable, inventory, and property. The balance sheet also shows the company's total liabilities, which includes short-term debt, long-term debt, and other obligations. Stockholders' equity represents the amount of money that the company's stockholders have invested in the company. It is calculated as the difference between the company's assets and liabilities. The balance sheet provides important information about the company's financial health and its ability to meet its obligations.

In addition to the income statement and the balance sheet, Superior Group of Cos Inc (SGC) also provides information about its cash flow. The cash flow statement shows the company's cash inflows and outflows during a specific period of time. It is divided into three sections: operating cash flow, investing cash flow, and financing cash flow. Operating cash flow shows the cash generated from the company's day-to-day operations, such as sales and expenses. Investing cash flow shows the cash spent on investments, such as property, plant, and equipment. Financing cash flow shows the cash received from or spent on financing activities, such as borrowing or repaying debt.

One important metric that analysts use to evaluate a company's financial health is EBITDA (earnings before interest, taxes, depreciation, and amortization). EBITDA is a measure of a company's operating performance and shows how much cash flow a company generates from its operations before considering interest, taxes, depreciation, and amortization expenses. EBITDA is often used when comparing the financial performance of different companies or when evaluating a company's ability to generate cash flow.

Superior Group of Cos Inc (SGC) also provides information about its total debt and net debt. Total debt is the total amount of money that the company owes to its creditors. It includes both short-term and long-term debt. Net debt is calculated by subtracting cash and cash equivalents from total debt. It gives an indication of the company's ability to repay its debt obligations. If a company has a high level of net debt, it may be at risk of financial distress.

In conclusion, Superior Group of Cos Inc (SGC) provides detailed financial information through its income statement, balance sheet, and cash flow statement. These financial statements provide investors, analysts, and other stakeholders with valuable insights into the company's financial health and performance. By analyzing these financial statements, stakeholders can make informed decisions about investing in or doing business with the company.