Snap One Holdings (STU:8W1) Debt-to-Equity : 0.76 (As of Mar. 2024)

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What is Snap One Holdings Debt-to-Equity?

Snap One Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €14.3 Mil. Snap One Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €501.1 Mil. Snap One Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €679.5 Mil. Snap One Holdings's debt to equity for the quarter that ended in Mar. 2024 was 0.76.

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 Snap One Holdings's Debt-to-Equity or its related term are showing as below:

STU:8W1' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59 Med: 0.76 Max: 1.06
Current: 0.76

During the past 5 years, the highest Debt-to-Equity Ratio of Snap One Holdings was 1.06. The lowest was 0.59. And the median was 0.76.

STU:8W1's Debt-to-Equity is ranked worse than
79.52% of 2192 companies
in the Hardware industry
Industry Median: 0.29 vs STU:8W1: 0.76

Snap One Holdings Debt-to-Equity Historical Data

The historical data trend for Snap One Holdings'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.

Snap One Holdings Debt-to-Equity Chart

Snap One Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.03

1.06

0.61

0.76

0.74

Snap One Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial													0.82	0.79	0.75	0.74	0.76

Competitive Comparison of Snap One Holdings's Debt-to-Equity

For the Electronics & Computer Distribution subindustry, Snap One Holdings'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.

Snap One Holdings's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Snap One Holdings's Debt-to-Equity distribution charts can be found below:

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

Snap One Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Snap One Holdings'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
	=	(14.081	+	502.25)	/	696.789
	=	0.74

Snap One Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(14.27	+	501.08)	/	679.483
	=	0.76

Snap One Holdings (STU:8W1) 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.

Snap One Holdings Debt-to-Equity Related Terms

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Snap One Holdings (STU:8W1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Snap One Holdings Corp (STU:8W1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SNPO:USA

Address

1800 Continental Boulevard, Suite 200, Charlotte, NC, USA, 28273

Website

https://www.snapone.com

Snap One Holdings Corp provides products, services, and software to its network of professional integrators that enable them to deliver smart living experiences for their residential and business end users. The Company's hardware and software portfolio includes proprietary and third-party offerings across connected, infrastructure, and entertainment categories. Additionally, the Company provides value-added services and workflow solutions to support integrators throughout the project lifecycle, enhancing their operations.

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