SHARING SERVICES GLOBAL Corp financial data

Symbol
SHRG on OTC
Industry
Wholesale-Drugs, Proprietaries & Druggists' Sundries
Location
5200 Tennyson Pkwy #400, Plano, TX
State of incorporation
Nevada
Fiscal year end
March 31
Former names
Sharing Services, Inc. (to 1/28/2019)
Latest financial report
10-Q - Q2 2024 - Aug 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 59.9 % +148%
Quick Ratio 20.6 % +190%
Debt-to-equity -503 % -94.4%
Return On Equity 290 % -3.4%
Return On Assets -72 % +62%
Operating Margin -37.8 % +59.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 376M shares 0%
Common Stock, Shares, Outstanding 376M shares
Entity Public Float 665K USD -53.5%
Common Stock, Value, Issued 37.6K USD
Weighted Average Number of Shares Outstanding, Basic 376M shares +1.45%
Weighted Average Number of Shares Outstanding, Diluted 376M shares +1.45%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 10.2M USD -25.3%
Selling and Marketing Expense 3.32M USD -41.3%
General and Administrative Expense 7.1M USD -52.1%
Operating Income (Loss) -3.86M USD +69.9%
Nonoperating Income (Expense) -1.41M USD +94.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -5.27M USD +86.3%
Income Tax Expense (Benefit) 3.55K USD -96.6%
Net Income (Loss) Attributable to Parent -5.26M USD +86.4%
Earnings Per Share, Basic -0.01 USD/shares +92.9%
Earnings Per Share, Diluted -0.01 USD/shares +92.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 580K USD -57.6%
Accounts Receivable, after Allowance for Credit Loss, Current 301K USD -43.5%
Inventory, Net 1.2M USD -19.1%
Other Assets, Current 221K USD -79.2%
Assets, Current 4.1M USD -7.77%
Deferred Income Tax Assets, Net 81.2K USD
Property, Plant and Equipment, Net 207K USD -55.6%
Operating Lease, Right-of-Use Asset 391K USD -10.6%
Other Assets, Noncurrent 1.16M USD -1.68%
Assets 6.23M USD -11.6%
Accounts Payable, Current 1.12M USD +11.4%
Employee-related Liabilities, Current 148K USD -67.2%
Accrued Liabilities, Current 1.11M USD +36.4%
Liabilities, Current 8.58M USD -72.5%
Deferred Income Tax Liabilities, Net 551K USD -87.8%
Operating Lease, Liability, Noncurrent 376K USD -12.1%
Liabilities 9.96M USD -68.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax -347K USD -10.6%
Retained Earnings (Accumulated Deficit) -114M USD -4.83%
Stockholders' Equity Attributable to Parent -3.73M USD +84.8%
Liabilities and Equity 6.23M USD -11.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -822K USD +54.1%
Net Cash Provided by (Used in) Financing Activities 500K USD
Net Cash Provided by (Used in) Investing Activities -137K USD +41.7%
Common Stock, Shares Authorized 1.99B shares
Common Stock, Shares, Issued 376M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -314K USD +80.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 86.2K USD
Deferred Tax Assets, Valuation Allowance 807K USD -55.3%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 807K USD -55.3%
Operating Lease, Liability 426K USD -9.63%
Payments to Acquire Property, Plant, and Equipment 137K USD -44.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -5.29M USD +86.4%
Lessee, Operating Lease, Liability, to be Paid 590K USD -14.6%
Property, Plant and Equipment, Gross 1.93M USD +2.86%
Operating Lease, Liability, Current 50.4K USD +13.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 103K USD +1.37%
Lessee, Operating Lease, Liability, to be Paid, Year One 50K USD -49.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 163K USD -25.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 106K USD +1.33%
Preferred Stock, Shares Authorized 200M shares -0.01%
Unrecognized Tax Benefits 926K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 108K USD +1.3%
Additional Paid in Capital 111M USD +31%
Depreciation, Depletion and Amortization 73.1K USD -59%
Deferred Tax Assets, Net of Valuation Allowance 81.2K USD -95.7%
Interest Expense 3.15M USD -76.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%