Solo Brands Balance Sheet Health
Financial Health criteria checks 3/6
Solo Brands has a total shareholder equity of $250.0M and total debt of $161.1M, which brings its debt-to-equity ratio to 64.5%. Its total assets and total liabilities are $553.2M and $303.2M respectively.
Key information
64.5%
Debt to equity ratio
US$161.14m
Debt
| Interest coverage ratio | n/a |
| Cash | US$12.49m |
| Equity | US$250.02m |
| Total liabilities | US$303.21m |
| Total assets | US$553.23m |
Recent financial health updates
Is Solo Brands (NYSE:DTC) Using Too Much Debt?
Oct 02
Solo Brands (NYSE:DTC) Seems To Be Using A Lot Of Debt
Jun 15Is Solo Brands (NYSE:DTC) Using Too Much Debt?
Mar 15Recent updates
Solo Brands: Potential Danger, Proceed With Caution
Nov 17Solo Brands (NYSE:DTC) Is Looking To Continue Growing Its Returns On Capital
Nov 07Is Solo Brands (NYSE:DTC) Using Too Much Debt?
Oct 02Not Many Are Piling Into Solo Brands, Inc. (NYSE:DTC) Stock Yet As It Plummets 37%
Sep 04Solo Brands: Struggling As Consumer Demand Fades
Aug 12Solo Brands' (NYSE:DTC) Returns On Capital Are Heading Higher
Aug 08Solo Brands, Inc. (NYSE:DTC) Soars 26% But It's A Story Of Risk Vs Reward
Jul 12Solo Brands (NYSE:DTC) Seems To Be Using A Lot Of Debt
Jun 15Solo Brands: Growth Turnaround Potential With Decent Risk-Reward
Jun 12Market Cool On Solo Brands, Inc.'s (NYSE:DTC) Revenues Pushing Shares 25% Lower
Mar 19Solo 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 25Financial Position Analysis
Short Term Liabilities: DTC's short term assets ($172.5M) exceed its short term liabilities ($109.7M).
Long Term Liabilities: DTC's short term assets ($172.5M) do not cover its long term liabilities ($193.5M).
Debt to Equity History and Analysis
Debt Level: DTC's net debt to equity ratio (59.5%) is considered high.
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 37.8% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 21:56 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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
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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
Solo Brands, Inc. is covered by 10 analysts. 7 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 |
|---|---|
| Robert Ohmes | BofA Global Research |
| Anna Glaessgen | B. Riley Securities, Inc. |
| Brian McNamara | Canaccord Genuity |