Solo Brands Balance Sheet Health
Financial Health criteria checks 3/6
Solo Brands has a total shareholder equity of $359.7M and total debt of $162.2M, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are $642.0M and $282.3M respectively. Solo Brands's EBIT is $5.7M making its interest coverage ratio 0.4. It has cash and short-term investments of $20.1M.
Key information
45.1%
Debt to equity ratio
US$162.17m
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$20.10m |
| Equity | US$359.75m |
| Total liabilities | US$282.25m |
| Total assets | US$642.00m |
Recent financial health updates
Solo Brands (NYSE:DTC) Seems To Be Using A Lot Of Debt
Jun 15
Is Solo Brands (NYSE:DTC) Using Too Much Debt?
Mar 15Recent updates
Solo 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 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 06Financial Position Analysis
Short Term Liabilities: DTC's short term assets ($187.6M) exceed its short term liabilities ($75.3M).
Long Term Liabilities: DTC's short term assets ($187.6M) do not cover its long term liabilities ($206.9M).
Debt to Equity History and Analysis
Debt Level: DTC's net debt to equity ratio (39.5%) 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: DTC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if DTC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.