Snap One Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Snap One Holdings has a total shareholder equity of $759.9M and total debt of $499.5M, which brings its debt-to-equity ratio to 65.7%. Its total assets and total liabilities are $1.6B and $843.1M respectively. Snap One Holdings's EBIT is $29.2M making its interest coverage ratio 0.5. It has cash and short-term investments of $61.0M.
Key information
65.7%
Debt to equity ratio
US$499.52m
Debt
| Interest coverage ratio | 0.5x |
| Cash | US$61.02m |
| Equity | US$759.86m |
| Total liabilities | US$843.07m |
| Total assets | US$1.60b |
Recent financial health updates
Recent updates
Investors 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 ($399.4M) exceed its short term liabilities ($166.4M).
Long Term Liabilities: SNPO's short term assets ($399.4M) do not cover its long term liabilities ($676.7M).
Debt to Equity History and Analysis
Debt Level: SNPO's net debt to equity ratio (57.7%) 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, even with free cash flow being positive and shrinking by 7.5% per year.