This company has been acquired
Snap One Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Snap One Holdings has a total shareholder equity of $738.6M and total debt of $499.0M, which brings its debt-to-equity ratio to 67.6%. Its total assets and total liabilities are $1.5B and $811.2M respectively. Snap One Holdings's EBIT is $34.3M making its interest coverage ratio 0.6. It has cash and short-term investments of $41.3M.
Key information
67.6%
Debt to equity ratio
US$498.97m
Debt
| Interest coverage ratio | 0.6x |
| Cash | US$41.25m |
| Equity | US$738.57m |
| Total liabilities | US$811.25m |
| Total assets | US$1.55b |
Recent financial health updates
Recent updates
Snap One: Shares Now Worth At Least $10.75 A Share Post Acquisition Announcement
May 05Investors Appear Satisfied With Snap One Holdings Corp.'s (NASDAQ:SNPO) Prospects As Shares Rocket 26%
Apr 05
Snap One Holdings (NASDAQ:SNPO) Is Doing The Right Things To Multiply Its Share Price
Apr 02These 4 Measures Indicate That Snap One Holdings (NASDAQ:SNPO) Is Using Debt Extensively
Feb 05Revenues Tell The Story For Snap One Holdings Corp. (NASDAQ:SNPO) As Its Stock Soars 26%
Dec 22Is Now The Time To Look At Buying Snap One Holdings Corp. (NASDAQ:SNPO)?
Dec 15We Like These Underlying Return On Capital Trends At Snap One Holdings (NASDAQ:SNPO)
Oct 24Market Cool On Snap One Holdings Corp.'s (NASDAQ:SNPO) Revenues
Sep 13Snap One Holdings (NASDAQ:SNPO) Might Have The Makings Of A Multi-Bagger
May 20Estimating The Intrinsic Value Of Snap One Holdings Corp. (NASDAQ:SNPO)
Feb 06Snap One Holdings (NASDAQ:SNPO) Is Doing The Right Things To Multiply Its Share Price
Jan 15Snap One Holdings' (NASDAQ:SNPO) Returns On Capital Are Heading Higher
Aug 31Snap One Holdings Grows But Stock May Be Fully Valued
Aug 24Snap One Holdings Corp. (NASDAQ:SNPO) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Mar 24Estimating The Intrinsic Value Of Snap One Holdings Corp. (NASDAQ:SNPO)
Nov 23Snap One: Smarter Homes, Smarter Investment?
Aug 01Financial Position Analysis
Short Term Liabilities: SNPO's short term assets ($361.5M) exceed its short term liabilities ($146.1M).
Long Term Liabilities: SNPO's short term assets ($361.5M) do not cover its long term liabilities ($665.2M).
Debt to Equity History and Analysis
Debt Level: SNPO's net debt to equity ratio (62%) is considered high.
Reducing Debt: Insufficient data to determine if SNPO's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SNPO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SNPO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.4% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/06/17 07:34 |
| End of Day Share Price | 2024/06/17 00:00 |
| Earnings | 2024/03/29 |
| Annual Earnings | 2023/12/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Snap One Holdings Corp. is covered by 7 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ketan Mamtora | BMO Capital Markets Equity Research |
| Brian Ruttenbur | Imperial Capital |
| Stephen Volkmann | Jefferies LLC |