Sonos Balance Sheet Health
Financial Health criteria checks 6/6
Sonos has a total shareholder equity of $594.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.1B and $515.6M respectively. Sonos's EBIT is $661.0K making its interest coverage ratio -0.1. It has cash and short-term investments of $467.3M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -0.06x |
Cash | US$467.34m |
Equity | US$594.41m |
Total liabilities | US$515.58m |
Total assets | US$1.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SONO's short term assets ($758.9M) exceed its short term liabilities ($376.0M).
Long Term Liabilities: SONO's short term assets ($758.9M) exceed its long term liabilities ($139.6M).
Debt to Equity History and Analysis
Debt Level: SONO is debt free.
Reducing Debt: SONO has no debt compared to 5 years ago when its debt to equity ratio was 14.2%.
Debt Coverage: SONO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SONO has no debt, therefore coverage of interest payments is not a concern.