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 ratio | 8.6x |
| Cash | US$127.95m |
| Equity | US$1.79b |
| Total liabilities | US$2.44b |
| Total assets | US$4.24b |
Recent financial health updates
SharkNinja (NYSE:SN) Has A Pretty Healthy Balance Sheet
Jul 18
SharkNinja (NYSE:SN) Has A Pretty Healthy Balance Sheet
Mar 16Recent updates
Why We're Not Concerned About SharkNinja, Inc.'s (NYSE:SN) Share Price
Nov 22SharkNinja: Aggressive Growth And Global Expansion Set To Continue
Nov 15SharkNinja: A Compounding Machine With Strong Competitive Advantages
Oct 04SharkNinja: This Weird And Wonderful Appliance Company Looks Like A 'Strong Buy'
Sep 27Slowing Rates Of Return At SharkNinja (NYSE:SN) Leave Little Room For Excitement
Aug 14SharkNinja (NYSE:SN) Has A Pretty Healthy Balance Sheet
Jul 18SharkNinja Stock Can Outperform On Above Average Growth
Jul 14SharkNinja: Setting New Standards In Consumer Experience
Apr 29Are Investors Undervaluing SharkNinja, Inc. (NYSE:SN) By 29%?
Apr 21SharkNinja (NYSE:SN) Has A Pretty Healthy Balance Sheet
Mar 16SharkNinja: At A Fair Valuation And Gaining Market Share In A Growing Industry
Feb 26SharkNinja Deserves Its Premium For Its Multi-Vector Growth Potential
Feb 19SharkNinja: Impressive Growth Strategy Driving Substantial Value
Nov 29SharkNinja: Rating Upgrade Due To Positive Outlook
Nov 14SharkNinja May Be An Interesting Home Appliances Spin
Sep 08SharkNinja: Holds Potential, But Wait For Q2 2023 Results
Aug 16Financial 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:53 |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Alexander Perry | BofA Global Research |
| Brian McNamara | Canaccord Genuity |