SharkNinja Balance Sheet Health
Financial Health criteria checks 4/6
SharkNinja has a total shareholder equity of $1.6B and total debt of $794.9M, which brings its debt-to-equity ratio to 50.5%. Its total assets and total liabilities are $3.4B and $1.8B respectively. SharkNinja's EBIT is $405.9M making its interest coverage ratio 7.9. It has cash and short-term investments of $131.9M.
Key information
50.5%
Debt to equity ratio
US$794.87m
Debt
| Interest coverage ratio | 7.9x |
| Cash | US$131.89m |
| Equity | US$1.57b |
| Total liabilities | US$1.84b |
| Total assets | US$3.41b |
Recent financial health updates
Recent updates
SharkNinja: Setting New Standards In Consumer Experience
Apr 29Are Investors Undervaluing SharkNinja, Inc. (NYSE:SN) By 29%?
Apr 21
SharkNinja (NYSE:SN) Has A Pretty Healthy Balance Sheet
Mar 16SharkNinja: At A Fair Valuation And Gaining Market Share In A Growing Industry
Feb 26SharkNinja Deserves Its Premium For Its Multi-Vector Growth Potential
Feb 19SharkNinja: Impressive Growth Strategy Driving Substantial Value
Nov 29SharkNinja: Rating Upgrade Due To Positive Outlook
Nov 14SharkNinja May Be An Interesting Home Appliances Spin
Sep 08SharkNinja: Holds Potential, But Wait For Q2 2023 Results
Aug 16Financial Position Analysis
Short Term Liabilities: SN's short term assets ($1.7B) exceed its short term liabilities ($895.8M).
Long Term Liabilities: SN's short term assets ($1.7B) exceed its long term liabilities ($940.3M).
Debt to Equity History and Analysis
Debt Level: SN's net debt to equity ratio (42.1%) is considered high.
Reducing Debt: Insufficient data to determine if SN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SN's debt is well covered by operating cash flow (29.5%).
Interest Coverage: SN's interest payments on its debt are well covered by EBIT (7.9x coverage).