SharkNinja (SharkNinja) Debt-to-Equity : 0.59 (As of Dec. 2023)

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What is SharkNinja Debt-to-Equity?

SharkNinja's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $33 Mil. SharkNinja's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $839 Mil. SharkNinja's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,479 Mil. SharkNinja's debt to equity for the quarter that ended in Dec. 2023 was 0.59.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for SharkNinja's Debt-to-Equity or its related term are showing as below:

SN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 0.32 Max: 0.59
Current: 0.59

During the past 4 years, the highest Debt-to-Equity Ratio of SharkNinja was 0.59. The lowest was 0.28. And the median was 0.32.

SN's Debt-to-Equity is ranked worse than
67.45% of 384 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.35 vs SN: 0.59

SharkNinja Debt-to-Equity Historical Data

The historical data trend for SharkNinja's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SharkNinja Debt-to-Equity Chart

SharkNinja Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

N/A

0.32

0.28

0.59

SharkNinja Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					0.28	0.25	0.26	0.58	0.59

Competitive Comparison of SharkNinja's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, SharkNinja's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SharkNinja's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, SharkNinja's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SharkNinja's Debt-to-Equity falls into.

SharkNinja Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SharkNinja's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(32.547	+	838.526)	/	1478.893
	=	0.59

SharkNinja's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(32.547	+	838.526)	/	1478.893
	=	0.59

SharkNinja (NYSE:SN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

SharkNinja Debt-to-Equity Related Terms

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SharkNinja (SharkNinja) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » SharkNinja Inc (NYSE:SN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

238 Des Voeux Road Central, 21st floor, Sheung Wan, Hong Kong, HKG

Website

SharkNinja Inc is a global product design and technology company that creates 5-star-rated lifestyle solutions through innovative products for consumers around the world. Its product categories include Cleaning, Cooking, Food Preparation, Home Environment and Beauty products. It sells vacuum cleaners, cooking pots, fryers, hair dryers, etc. The SharkNinja Group is expected to carry on the design, production, marketing and distribution of the Shark and Ninja brands of small household appliances in North America, Europe and other selected international markets (excluding the Asia Pacific Region and Greater China). Currently, the majority of the revenue is derived from the US market.