SharkNinja Balance Sheet Health

Financial Health criteria checks 3/6

SharkNinja has a total shareholder equity of $1.8B and total debt of $960.3M, which brings its debt-to-equity ratio to 53.5%. Its total assets and total liabilities are $4.2B and $2.4B respectively. SharkNinja's EBIT is $539.8M making its interest coverage ratio 8.6. It has cash and short-term investments of $127.9M.

Key information

53.5%

Debt to equity ratio

US$960.32m

Debt

Interest coverage ratio8.6x
CashUS$127.95m
EquityUS$1.79b
Total liabilitiesUS$2.44b
Total assetsUS$4.24b

Recent financial health updates

Recent updates

Why We're Not Concerned About SharkNinja, Inc.'s (NYSE:SN) Share Price

Nov 22
Why We're Not Concerned About SharkNinja, Inc.'s (NYSE:SN) Share Price

SharkNinja: Aggressive Growth And Global Expansion Set To Continue

Nov 15

SharkNinja: A Compounding Machine With Strong Competitive Advantages

Oct 04

SharkNinja: This Weird And Wonderful Appliance Company Looks Like A 'Strong Buy'

Sep 27

Slowing Rates Of Return At SharkNinja (NYSE:SN) Leave Little Room For Excitement

Aug 14
Slowing Rates Of Return At SharkNinja (NYSE:SN) Leave Little Room For Excitement

SharkNinja (NYSE:SN) Has A Pretty Healthy Balance Sheet

Jul 18
SharkNinja (NYSE:SN) Has A Pretty Healthy Balance Sheet

SharkNinja Stock Can Outperform On Above Average Growth

Jul 14

SharkNinja: Setting New Standards In Consumer Experience

Apr 29

Are Investors Undervaluing SharkNinja, Inc. (NYSE:SN) By 29%?

Apr 21
Are Investors Undervaluing SharkNinja, Inc. (NYSE:SN) By 29%?

SharkNinja (NYSE:SN) Has A Pretty Healthy Balance Sheet

Mar 16
SharkNinja (NYSE:SN) Has A Pretty Healthy Balance Sheet

SharkNinja: At A Fair Valuation And Gaining Market Share In A Growing Industry

Feb 26

SharkNinja Deserves Its Premium For Its Multi-Vector Growth Potential

Feb 19

SharkNinja: Impressive Growth Strategy Driving Substantial Value

Nov 29

SharkNinja: Rating Upgrade Due To Positive Outlook

Nov 14

SharkNinja May Be An Interesting Home Appliances Spin

Sep 08

SharkNinja: Holds Potential, But Wait For Q2 2023 Results

Aug 16

Financial Position Analysis

Short Term Liabilities: SN's short term assets ($2.5B) exceed its short term liabilities ($1.5B).

Long Term Liabilities: SN's short term assets ($2.5B) exceed its long term liabilities ($932.6M).


Debt to Equity History and Analysis

Debt Level: SN's net debt to equity ratio (46.4%) is considered high.

Reducing Debt: Insufficient data to determine if SN's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: SN's debt is not well covered by operating cash flow (14.8%).

Interest Coverage: SN's interest payments on its debt are well covered by EBIT (8.6x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:53
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

SharkNinja, Inc. is covered by 14 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Alexander PerryBofA Global Research
Brian McNamaraCanaccord Genuity