SharkNinja (SharkNinja) Debt-to-EBITDA : 1.64 (As of Dec. 2023)

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What is SharkNinja Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

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 annualized EBITDA for the quarter that ended in Dec. 2023 was $532 Mil. SharkNinja's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.64.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

SN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.11 Med: 1.23 Max: 1.97
Current: 1.86

During the past 4 years, the highest Debt-to-EBITDA Ratio of SharkNinja was 1.97. The lowest was 1.11. And the median was 1.23.

SN's Debt-to-EBITDA is ranked better than
50.6% of 336 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.865 vs SN: 1.86

SharkNinja Debt-to-EBITDA Historical Data

The historical data trend for SharkNinja's Debt-to-EBITDA 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-EBITDA Chart

SharkNinja Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

1.11

1.23

1.97

SharkNinja Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial					1.34	0.70	2.29	1.92	1.64

Competitive Comparison of SharkNinja's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, SharkNinja's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

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

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

SharkNinja Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

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

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(32.547	+	838.526)	/	441.958
	=	1.97

SharkNinja's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(32.547	+	838.526)	/	532.276
	=	1.64

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.

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

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

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

SharkNinja Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of SharkNinja's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

SharkNinja (SharkNinja) Business Description

Industry

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

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.