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
SharkNinja: 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).