Balance Sheet SharkNinja, Inc.

Equities

SN

KYG8068L1086

Appliances, Tools & Housewares

Real-time Estimate Cboe BZX Other stock markets 16:00:02 2024-09-17 EDT			5-day change	1st Jan Change
103.72 ^USD	+0.15%		+7.60%	+102.50%

09-05	Sharkninja, Inc. Introduces Two New Vacuums with First-Of- Their-Kind Capabilities	CI
09-04	Transcript : SharkNinja, Inc. Presents at Goldman Sachs 31st Annual Global Retailing Conference, Sep-04-2024 01:10 PM

f94db881bf.SRvcBqK4HzK3cJpKDDdh4RmW0rA6jq5xTyRNMiQecw8.E1XqMJPBMmr2BaMBXQAEh1TXp9Vz2PoCIWUfB11aSnggU55uk-xmQuQ27Q

Published financial data: SHARKNINJA, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023
Revenues	2.75B	3.73B	3.72B	4.25B
Total Revenues	2.75B	3.73B	3.72B	4.25B
Cost of Goods Sold, Total	1.5B	2.29B	2.31B	2.35B
Gross Profit	1.25B	1.44B	1.41B	1.91B
Selling General & Admin Expenses, Total	628M	799M	873M	1.28B
R&D Expenses	160M	201M	216M	249M
Other Operating Expenses, Total	788M	1B	1.09B	1.53B
Operating Income	465M	438M	321M	374M
Interest Expense, Total	-23.88M	-16.29M	-27.02M	-44.91M
Net Interest Expenses	-23.88M	-16.29M	-27.02M	-44.91M
Income (Loss) On Equity Invest.	-3.5M	-4.49M	141K	-
Currency Exchange Gains (Loss)	-2.6M	-3.4M	9.3M	-5M
Other Non Operating Income (Expenses)	403K	248K	-1.81M	-30.43M
EBT, Excl. Unusual Items	436M	414M	302M	293M
Other Unusual Items	-16.4M	-	-	-
EBT, Incl. Unusual Items	419M	414M	302M	293M
Income Tax Expense	92.27M	83.21M	69.63M	126M
Earnings From Continuing Operations	327M	331M	232M	167M
Net Income to Company	327M	331M	232M	167M
Net Income - (IS)	327M	331M	232M	167M
Net Income to Common Incl Extra Items	327M	331M	232M	167M
Net Income to Common Excl. Extra Items	327M	331M	232M	167M
Per Share Items
Net EPS - Basic	6.54K	6.62K	4.65K	1.2
Basic EPS - Continuing Operations	6.54K	6.62K	4.65K	1.2
Basic Weighted Average Shares Outstanding	50K	50K	50K	139M
Net EPS - Diluted	6.54K	6.62K	4.65K	1.2
Diluted EPS - Continuing Operations	6.54K	6.62K	4.65K	1.2
Diluted Weighted Average Shares Outstanding	50K	50K	50K	139M
Normalized Basic EPS	5.45K	5.18K	3.77K	1.32
Normalized Diluted EPS	5.45K	5.18K	3.77K	1.31
Payout Ratio	-	12.68	19.56	350.42
Supplemental Items
EBITDA	544M	516M	408M	477M
EBITA	486M	460M	344M	396M
EBIT	465M	438M	321M	374M
EBITDAR	559M	538M	435M	510M
Effective Tax Rate - (Ratio)	22	20.08	23.06	43.02
Current Domestic Taxes	83.68M	81.06M	76.2M	150M
Current Foreign Taxes	16.09M	17.28M	10.08M	17.39M
Total Current Taxes	99.77M	98.34M	86.28M	168M
Deferred Domestic Taxes	-5.49M	-7.53M	-21.95M	-51.88M
Deferred Foreign Taxes	-2.02M	-7.59M	5.3M	10.15M
Total Deferred Taxes	-7.51M	-15.13M	-16.65M	-41.74M
Normalized Net Income	272M	259M	189M	183M
Interest on Long-Term Debt	38.8M	12.5M	21.8M	-
Supplemental Operating Expense Items
Marketing Expenses	254M	296M	271M	409M
Selling and Marketing Expenses	445M	619M	622M	898M
General and Administrative Expenses	183M	180M	251M	387M
Research And Development Expense From Footnotes	160M	201M	216M	249M
Net Rental Expense, Total	15.46M	21.94M	26.51M	32.65M
Imputed Operating Lease Interest Expense	-	-	10.67M	16.97M
Imputed Operating Lease Depreciation	-	-	15.85M	15.67M
Stock-Based Comp., R&D Exp. (Total)	1.71M	2.92M	1.74M	7.7M
Stock-Based Comp., S&M Exp. (Total)	1.87M	1.76M	459K	4.93M
Stock-Based Comp., G&A Exp. (Total)	6.46M	9.25M	3.31M	34.34M
Total Stock-Based Compensation	10.03M	13.92M	5.51M	46.97M

Fiscal Period: December	2020	2021	2022	2023
Assets
Cash And Equivalents	-	225M	193M	154M
Total Cash And Short Term Investments	-	225M	193M	154M
Accounts Receivable, Total	-	842M	767M	985M
Other Receivables	-	64.42M	72.88M	38.13M
Total Receivables	-	906M	839M	1.02B
Inventory	-	602M	549M	700M
Prepaid Expenses	-	22.01M	86.27M	20.18M
Restricted Cash	-	15.24M	25.88M	-
Other Current Assets, Total	-	-	22.68M	-
Total Current Assets	-	1.77B	1.72B	1.9B
Gross Property Plant And Equipment	-	448M	527M	619M
Accumulated Depreciation	-	-266M	-322M	-390M
Net Property Plant And Equipment	-	182M	205M	230M
Goodwill	-	841M	840M	834M
Other Intangibles, Total	-	510M	493M	478M
Loans Receivable Long-Term	-	16.5M	-	-
Deferred Tax Assets Long-Term	-	7.89M	6.29M	12K
Other Long-Term Assets, Total	-	27.54M	35.39M	48.17M
Total Assets	-	3.36B	3.29B	3.49B
Liabilities
Accounts Payable, Total	-	443M	328M	460M
Accrued Expenses, Total	-	398M	445M	497M
Current Portion of Long-Term Debt	-	49.4M	86.97M	24.16M
Current Portion of Leases	-	14.49M	13.04M	8.39M
Current Income Taxes Payable	-	6.75M	1.58M	20.99M
Other Current Liabilities	-	82.53M	93.82M	115M
Total Current Liabilities	-	993M	969M	1.13B
Long-Term Debt	-	436M	349M	775M
Long-Term Leases	-	63.91M	61.78M	63.04M
Deferred Tax Liability Non Current	-	81.83M	60.98M	16.5M
Other Non Current Liabilities	-	19.81M	25.98M	28.02M
Total Liabilities	-	1.59B	1.47B	2.01B
Common Stock, Total	-	10K	10K	14K
Additional Paid In Capital	-	954M	941M	1.01B
Retained Earnings	-	798M	897M	470M
Comprehensive Income and Other	-	8.95M	-9.67M	-1.03M
Total Common Equity	-	1.76B	1.83B	1.48B
Total Equity	-	1.76B	1.83B	1.48B
Total Liabilities And Equity	-	3.36B	3.29B	3.49B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	50K	50K	50K	139M
ECS Total Common Shares Outstanding	50K	50K	50K	139M
Book Value / Share	-	35.23K	36.57K	10.63
Tangible Book Value	-	410M	495M	167M
Tangible Book Value Per Share	-	8.21K	9.91K	1.2
Total Debt	-	564M	511M	871M
Net Debt	-	338M	318M	717M
Debt Equivalent Oper. Leases	124M	176M	212M	261M
Account Code - Inventory Valuation	-	-	5	5
Machinery, Total	-	269M	325M	417M
Full Time Employees	-	-	2.8K	3.02K
Accumulated Allowance for Doubtful Accounts (Supple)	-	1.78M	7M	8.22M

Fiscal Period: December	2020	2021	2022	2023
Net Income	327M	331M	232M	167M
Depreciation & Amortization - CF	57.38M	56.84M	64.17M	81.04M
Amortization of Goodwill and Intangible Assets - (CF)	20.7M	21.34M	22.54M	22.78M
Depreciation & Amortization, Total	78.08M	78.18M	86.71M	104M
Amortization of Deferred Charges, Total - (CF)	1.57M	906K	932K	-
(Income) Loss On Equity Investments - (CF)	3.5M	4.49M	-141K	-
Stock-Based Compensation (CF)	10.03M	13.92M	5.51M	46.97M
Provision and Write-off of Bad Debts	9.39M	7.91M	8.96M	4.47M
Other Operating Activities, Total	20.34M	-2.06M	-1.17M	13.21M
Change In Accounts Receivable	-335M	-77.44M	519K	-230M
Change In Inventories	-179M	-185M	53.89M	-156M
Change In Accounts Payable	199M	74.85M	-118M	148M
Change In Income Taxes	14.41M	-13.34M	-5.17M	19.47M
Change in Other Net Operating Assets	145M	-3.91M	-59.27M	164M
Cash from Operations	293M	229M	205M	281M
Capital Expenditure	-54.5M	-47.99M	-80.26M	-123M
Cash Acquisitions	-16.86M	-	-	-
Sale (Purchase) of Intangible assets	-6.58M	-12.08M	-14.18M	-9.06M
Investment in Marketable and Equity Securities, Total	-3.5M	-4.49M	-66K	-
Other Investing Activities, Total	-	-1.8M	42.12M	13.73M
Cash from Investing	-81.43M	-66.37M	-52.38M	-118M
Long-Term Debt Issued, Total	727M	110M	260M	801M
Total Debt Issued	727M	110M	260M	801M
Long-Term Debt Repaid, Total	-928M	-122M	-359M	-443M
Total Debt Repaid	-928M	-122M	-359M	-443M
Issuance of Common Stock	80.01M	-	-	-
Repurchase of Common Stock	-	-	-	-4.32M
Common Dividends Paid	-	-42M	-45.44M	-585M
Common & Preferred Stock Dividends Paid	-	-42M	-45.44M	-585M
Other Financing Activities, Total	-	-	-15.3M	-3.16M
Cash from Financing	-121M	-54.5M	-160M	-235M
Foreign Exchange Rate Adjustments	8.43M	-704K	-14.24M	7.63M
Net Change in Cash	99.77M	108M	-21.83M	-64.71M
Supplemental Items
Cash Interest Paid	17.83M	12M	16.32M	51.11M
Cash Income Tax Paid (Refund)	74.51M	91.89M	90.03M	141M
Levered Free Cash Flow	-	-	145M	228M
Unlevered Free Cash Flow	-	-	161M	256M
Change In Net Working Capital	-	-	38.03M	-3.48M
Net Debt Issued / Repaid	-201M	-12.5M	-99.43M	358M

Fiscal Period: December	2020	2021	2022	2023
Profitability
Return on Assets	-	-	6.04	6.89
Return on Total Capital	-	-	8.61	9.96
Return On Equity %	-	-	12.95	10.1
Return on Common Equity	-	-	12.95	10.1
Margin Analysis
Gross Profit Margin %	45.53	38.59	37.94	44.85
SG&A Margin	22.82	21.45	23.49	30.21
EBITDA Margin %	19.74	13.86	10.98	11.22
EBITA Margin %	17.66	12.33	9.25	9.32
EBIT Margin %	16.91	11.76	8.65	8.78
Income From Continuing Operations Margin %	11.88	8.88	6.25	3.93
Net Income Margin %	11.88	8.88	6.25	3.93
Net Avail. For Common Margin %	11.88	8.88	6.25	3.93
Normalized Net Income Margin	9.89	6.95	5.08	4.31
Levered Free Cash Flow Margin	-	-	3.89	5.36
Unlevered Free Cash Flow Margin	-	-	4.32	6.02
Asset Turnover
Asset Turnover	-	-	1.12	1.25
Fixed Assets Turnover	-	-	19.21	19.59
Receivables Turnover (Average Receivables)	-	-	4.62	4.86
Inventory Turnover (Average Inventory)	-	-	4.01	3.76
Short Term Liquidity
Current Ratio	-	1.78	1.77	1.69
Quick Ratio	-	1.14	1.07	1.05
Operating Cash Flow to Current Liabilities	-	0.23	0.21	0.25
Days Sales Outstanding (Average Receivables)	-	-	78.95	75.15
Days Outstanding Inventory (Average Inventory)	-	-	91.05	97.12
Average Days Payable Outstanding	-	-	62.42	57.58
Cash Conversion Cycle (Average Days)	-	-	107.58	114.69
Long Term Solvency
Total Debt/Equity	-	32.01	27.95	58.9
Total Debt / Total Capital	-	24.25	21.84	37.07
LT Debt/Equity	-	28.38	22.48	56.7
Long-Term Debt / Total Capital	-	21.5	17.57	35.68
Total Liabilities / Total Assets	-	47.52	44.51	57.59
EBIT / Interest Expense	19.49	26.91	11.89	8.32
EBITDA / Interest Expense	22.76	33.06	16.08	11.36
(EBITDA - Capex) / Interest Expense	20.48	30.11	13.11	8.62
Total Debt / EBITDA	-	1.05	1.18	1.71
Net Debt / EBITDA	-	0.63	0.73	1.41
Total Debt / (EBITDA - Capex)	-	1.15	1.44	2.25
Net Debt / (EBITDA - Capex)	-	0.69	0.9	1.85
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	35.37	-0.26	14.43
Gross Profit, 1 Yr. Growth %	-	14.74	-1.95	35.29
EBITDA, 1 Yr. Growth %	-	-4.98	-20.98	16.98
EBITA, 1 Yr. Growth %	-	-5.46	-25.17	15.25
EBIT, 1 Yr. Growth %	-	-5.84	-26.67	16.24
Earnings From Cont. Operations, 1 Yr. Growth %	-	1.2	-29.83	-28.09
Net Income, 1 Yr. Growth %	-	1.2	-29.83	-28.09
Normalized Net Income, 1 Yr. Growth %	-	-4.94	-27.11	-2.9
Diluted EPS Before Extra, 1 Yr. Growth %	-	1.2	-29.83	-28.14
Accounts Receivable, 1 Yr. Growth %	-	-	-8.92	28.53
Inventory, 1 Yr. Growth %	-	-	-8.95	27.55
Net Property, Plant and Equip., 1 Yr. Growth %	-	-	12.22	12.18
Total Assets, 1 Yr. Growth %	-	-	-1.83	5.83
Tangible Book Value, 1 Yr. Growth %	-	-	20.73	-66.32
Common Equity, 1 Yr. Growth %	-	-	3.8	-19.11
Cash From Operations, 1 Yr. Growth %	-	-21.91	-10.55	36.9
Capital Expenditures, 1 Yr. Growth %	-	-11.94	67.23	52.93
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-	58.55
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-	59.35
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	16.2	6.83
Gross Profit, 2 Yr. CAGR %	-	-	6.07	15.18
EBITDA, 2 Yr. CAGR %	-	-	-13.35	-3.86
EBITA, 2 Yr. CAGR %	-	-	-15.89	-7.14
EBIT, 2 Yr. CAGR %	-	-	-16.91	-7.68
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	-15.73	-28.97
Net Income, 2 Yr. CAGR %	-	-	-15.73	-28.97
Normalized Net Income, 2 Yr. CAGR %	-	-	-16.76	-15.87
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-15.73	-28.99
Accounts Receivable, 2 Yr. CAGR %	-	-	-	8.2
Inventory, 2 Yr. CAGR %	-	-	-	7.77
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-	12.2
Total Assets, 2 Yr. CAGR %	-	-	-	1.93
Tangible Book Value, 2 Yr. CAGR %	-	-	-	-36.23
Common Equity, 2 Yr. CAGR %	-	-	-	-8.37
Cash From Operations, 2 Yr. CAGR %	-	-	-16.42	10.66
Capital Expenditures, 2 Yr. CAGR %	-	-	21.35	59.92
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	15.61
Gross Profit, 3 Yr. CAGR %	-	-	-	15.03
EBITDA, 3 Yr. CAGR %	-	-	-	-4.23
EBITA, 3 Yr. CAGR %	-	-	-	-6.58
EBIT, 3 Yr. CAGR %	-	-	-	-7.07
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	-20.07
Net Income, 3 Yr. CAGR %	-	-	-	-20.07
Normalized Net Income, 3 Yr. CAGR %	-	-	-	-12.38
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-94.32
Cash From Operations, 3 Yr. CAGR %	-	-	-	-1.48
Capital Expenditures, 3 Yr. CAGR %	-	-	-	31.08