Solo Brands Balance Sheet Health
Financial Health criteria checks 4/6
Solo Brands has a total shareholder equity of $372.3M and total debt of $149.2M, which brings its debt-to-equity ratio to 40.1%. Its total assets and total liabilities are $659.3M and $287.1M respectively. Solo Brands's EBIT is $21.1M making its interest coverage ratio 1.9. It has cash and short-term investments of $19.8M.
Key information
40.1%
Debt to equity ratio
US$149.24m
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$19.84m |
| Equity | US$372.26m |
| Total liabilities | US$287.06m |
| Total assets | US$659.32m |
Recent financial health updates
Recent updates
Market Cool On Solo Brands, Inc.'s (NYSE:DTC) Revenues Pushing Shares 25% Lower
Mar 19
Solo Brands: New CEO Hoping To Reignite Growth
Mar 18Earnings Miss: Solo Brands, Inc. Missed EPS And Analysts Are Revising Their Forecasts
Mar 17Is Solo Brands (NYSE:DTC) Using Too Much Debt?
Mar 15Solo Brands: I'm Expecting Further Financial Turbulence In 2024
Feb 14Solo Brands (NYSE:DTC) Is Doing The Right Things To Multiply Its Share Price
Feb 12Not Many Are Piling Into Solo Brands, Inc. (NYSE:DTC) Just Yet
Jan 04Solo Brands: Just Getting Warmed Up
Dec 07Solo Brands: A Microcap With Mega Potential
Nov 09Solo Brands: Assessing The Company's Worth Ahead Of Upcoming Q3 Earnings
Nov 03Solo Brands: Stellar Growth Expected, Eyeing The Consumer
Aug 17Solo Brands: Performance May Weaken
May 31Solo Brands, Inc. (NYSE:DTC) Released Earnings Last Week And Analysts Lifted Their Price Target To US$10.17
May 06Solo Brands: Loss-Making Operations Can Affect Stock Price
Jan 22An Intrinsic Calculation For Solo Brands, Inc. (NYSE:DTC) Suggests It's 37% Undervalued
Dec 18Solo Brands Expands But Recession Clouds Gather
Nov 08Solo Brands: Too Cheap To Ignore
Oct 07Solo Brands: A Strong Value Consumer Play After A Rough Post-IPO Period
Sep 25Solo Brands: A Great Deep Value Candidate
Jun 30We Think Solo Brands' (NYSE:DTC) Profit Is Only A Baseline For What They Can Achieve
Apr 06Solo Brands Stock: A Direct-To-Consumer Growth Play Trading On The Cheap
Mar 08Financial Position Analysis
Short Term Liabilities: DTC's short term assets ($196.1M) exceed its short term liabilities ($88.6M).
Long Term Liabilities: DTC's short term assets ($196.1M) do not cover its long term liabilities ($198.5M).
Debt to Equity History and Analysis
Debt Level: DTC's net debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if DTC'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 DTC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DTC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 61.9% per year.