Sandisk Balance Sheet Health
Financial Health criteria checks 4/6
Sandisk has a total shareholder equity of $9.2B and total debt of $1.8B, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are $13.0B and $3.8B respectively. Sandisk's EBIT is $507.0M making its interest coverage ratio 12.4. It has cash and short-term investments of $1.5B.
Key information
20.06%
Debt to equity ratio
US$1.85b
Debt
| Interest coverage ratio | 12.4x |
| Cash | US$1.48b |
| Equity | US$9.22b |
| Total liabilities | US$3.77b |
| Total assets | US$12.99b |
Recent financial health updates
No updates
Recent updates
Sandisk: Riding The AI Wave With BiCS8 And Enterprise SSDs
Sep 10Sandisk Corporation (NASDAQ:SNDK) Stocks Shoot Up 49% But Its P/S Still Looks Reasonable
Sep 05
Even With A 25% Surge, Cautious Investors Are Not Rewarding Sandisk Corporation's (NASDAQ:SNDK) Performance Completely
Jun 29Market Might Still Lack Some Conviction On Sandisk Corporation (NASDAQ:SNDK) Even After 29% Share Price Boost
May 13Sandisk Soars While Western Digital Stutters Post Spinoff
Mar 19Financial Position Analysis
Short Term Liabilities: SNDK's short term assets ($5.1B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: SNDK's short term assets ($5.1B) exceed its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: SNDK's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: SNDK's debt to equity ratio has increased from 12.8% to 20.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SNDK has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SNDK has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/08 10:56 |
| End of Day Share Price | 2025/10/08 00:00 |
| Earnings | 2025/06/27 |
| Annual Earnings | 2025/06/27 |
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.
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 Github.
Analyst Sources
Sandisk Corporation is covered by 21 analysts. 17 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 |
|---|---|
| Nam Hyung Kim | Arete Research Services LLP |
| Brett Simpson | Arete Research Services LLP |
| Thomas O'Malley | Barclays |