SharkNinja Balance Sheet Health

Financial Health criteria checks 3/6

SharkNinja has a total shareholder equity of $1.6B and total debt of $905.1M, which brings its debt-to-equity ratio to 55%. Its total assets and total liabilities are $3.9B and $2.2B respectively. SharkNinja's EBIT is $454.1M making its interest coverage ratio 7.7. It has cash and short-term investments of $138.1M.

Key information

55.0%

Debt to equity ratio

US$905.09m

Debt

Interest coverage ratio7.7x
CashUS$138.14m
EquityUS$1.65b
Total liabilitiesUS$2.21b
Total assetsUS$3.85b

Recent financial health updates

Recent updates

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 ($2.2B) exceed its short term liabilities ($1.3B).

Long Term Liabilities: SN's short term assets ($2.2B) exceed its long term liabilities ($937.9M).


Debt to Equity History and Analysis

Debt Level: SN's net debt to equity ratio (46.6%) 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 (6.7%).

Interest Coverage: SN's interest payments on its debt are well covered by EBIT (7.7x coverage).


Balance Sheet


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