Penguin Solutions Balance Sheet Health
Financial Health criteria checks 2/6
Penguin Solutions has a total shareholder equity of $408.9M and total debt of $658.1M, which brings its debt-to-equity ratio to 160.9%. Its total assets and total liabilities are $1.6B and $1.2B respectively. Penguin Solutions's EBIT is $48.8M making its interest coverage ratio 2.1. It has cash and short-term investments of $393.7M.
Key information
160.9%
Debt to equity ratio
US$658.07m
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$393.73m |
| Equity | US$408.95m |
| Total liabilities | US$1.17b |
| Total assets | US$1.58b |
Recent financial health updates
Penguin Solutions (NASDAQ:PENG) Has A Somewhat Strained Balance Sheet
Dec 16
Is SMART Global Holdings (NASDAQ:SGH) Using Too Much Debt?
May 21SMART Global Holdings (NASDAQ:SGH) Seems To Use Debt Quite Sensibly
Jan 24SMART Global Holdings (NASDAQ:SGH) Has A Somewhat Strained Balance Sheet
Jul 31Recent updates
Penguin Solutions Earnings: Upgrading To Buy After Fiscal Q1 Surprise
Jan 09Penguin Solutions (NASDAQ:PENG) Has A Somewhat Strained Balance Sheet
Dec 16Is SMART Global Holdings, Inc. (NASDAQ:SGH) Trading At A 31% Discount?
Sep 04We Think SMART Global Holdings' (NASDAQ:SGH) Robust Earnings Are Conservative
Jul 16Improved Revenues Required Before SMART Global Holdings, Inc. (NASDAQ:SGH) Stock's 34% Jump Looks Justified
Jul 11SMART Global Holdings: Upcoming Results Could Shine Light On AI Play
Jun 28Is SMART Global Holdings (NASDAQ:SGH) Using Too Much Debt?
May 21SMART Global Holdings, Inc.'s (NASDAQ:SGH) 36% Dip In Price Shows Sentiment Is Matching Revenues
Apr 20SMART Global Q2 Earnings: Not Worth Chasing Higher
Apr 10Smart Global Holdings: Keeps Getting The Benefit Of The Doubt Thanks To AI
Mar 23SMART Global Holdings (NASDAQ:SGH) Seems To Use Debt Quite Sensibly
Jan 24The Market Doesn't Like What It Sees From SMART Global Holdings, Inc.'s (NASDAQ:SGH) Revenues Yet
Dec 29Is It Time To Consider Buying SMART Global Holdings, Inc. (NASDAQ:SGH)?
Dec 09SMART Global Holdings, Inc. (NASDAQ:SGH) Shares Could Be 39% Below Their Intrinsic Value Estimate
Nov 07These Analysts Think SMART Global Holdings, Inc.'s (NASDAQ:SGH) Earnings Are Under Threat
Oct 17Is Now The Time To Look At Buying SMART Global Holdings, Inc. (NASDAQ:SGH)?
Aug 18SMART Global Holdings (NASDAQ:SGH) Has A Somewhat Strained Balance Sheet
Jul 31A Look At The Fair Value Of SMART Global Holdings, Inc. (NASDAQ:SGH)
Jul 04Financial Position Analysis
Short Term Liabilities: PENG's short term assets ($995.6M) exceed its short term liabilities ($426.9M).
Long Term Liabilities: PENG's short term assets ($995.6M) exceed its long term liabilities ($747.2M).
Debt to Equity History and Analysis
Debt Level: PENG's net debt to equity ratio (64.6%) is considered high.
Reducing Debt: PENG's debt to equity ratio has increased from 73.7% to 160.9% over the past 5 years.
Debt Coverage: PENG's debt is not well covered by operating cash flow (9%).
Interest Coverage: PENG's interest payments on its debt are not well covered by EBIT (2.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 09:49 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/11/29 |
| Annual Earnings | 2024/08/30 |
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
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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
Penguin Solutions, Inc. is covered by 11 analysts. 6 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 |
|---|---|
| Thomas O'Malley | Barclays |
| Shek Ho | Deutsche Bank |
| Michael Ng | Goldman Sachs |