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Snap One Holdings (Snap One Holdings) Liabilities-to-Assets : 0.52 (As of Mar. 2024)


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What is Snap One Holdings Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Snap One Holdings's Total Liabilities for the quarter that ended in Mar. 2024 was $811 Mil. Snap One Holdings's Total Assets for the quarter that ended in Mar. 2024 was $1,550 Mil. Therefore, Snap One Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.52.


Snap One Holdings Liabilities-to-Assets Historical Data

The historical data trend for Snap One Holdings's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Snap One Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.58 0.59 0.51 0.54 0.53

Snap One Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.54 0.53 0.53 0.52

Competitive Comparison of Snap One Holdings's Liabilities-to-Assets

For the Electronics & Computer Distribution subindustry, Snap One Holdings's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Hardware Industry

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

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



Snap One Holdings Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Snap One Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=843.071/1602.928
=0.53

Snap One Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=811.246/1549.815
=0.52

* 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.


Snap One Holdings  (NAS:SNPO) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Snap One Holdings Liabilities-to-Assets Related Terms

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Snap One Holdings (Snap One Holdings) Business Description

Traded in Other Exchanges
Address
1800 Continental Boulevard, Suite 200, Charlotte, NC, USA, 28273
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.
Executives
John H Heyman director, officer: Chief Executive Officer 3925 BROOKSIDE PARKWAY, ALPHARETTA GA 30022
Ryan Francis Marsh other: Executive VP of Sales C/O SNAP ONE HOLDINGS CORP.,, 1800 CONTINENTAL BLVD., SUITE 200, CHARLOTTE NC 28273
Kathleen Ann Creech officer: Chief People Officer C/O SNAP ONE HOLDINGS CORP., 1800, CONTINENTAL BLVD., SUITE 200, CHARLOTTE NC 28273
Jefferson Dungan officer: Chief Operations Officer C/O CONTROL4 CORPORATION, 11734 S. ELECTION ROAD, SALT LAKE CITY UT 84020
Thomas Hendrickson director 16234 SANDSTONE DRIVE, MORRISON CO 80465
Michael Carlet officer: Chief Financial Officer C/O SNAP ONE HOLDINGS CORP., 1800 CONTINENTAL BLVD., SUITE 200, CHARLOTTE NC 28273
Galen Paul Hess officer: Chief Product Officer C/O SNAP ONE HOLDINGS CORP., 1800 CONTINENTAL BLVD., SUITE 200, CHARLOTTE NC 28273
Jeffrey Hindman officer: Chief Revenue Officer C/O SNAP ONE HOLDINGS CORP., 1800 CONTINENTAL BLVD., SUITE 200, CHARLOTTE NC 28273
Adalio T Sanchez director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Joshua D. Ellis officer: Chief Legal Officer CONTROL4 CORP., 11734 S. ELECTION ROAD, SALT LAKE CITY UT 84020
H&f Associates Viii, L.p. 10 percent owner ONE MARITINE PLAZA, 12TH FLOOR, SAN FRANCISCO CA 94111
H&f Corporate Investors Viii, Ltd. 10 percent owner 415 MISSION STREET, SUITE 5700, SAN FRANCISCO CA 94105
Hellman & Friedman Investors Viii, L.p. 10 percent owner 415 MISSION STREET, SUITE 5700, SAN FRANCISCO CA 94105
H&f Executives Viii, L.p. 10 percent owner ONE MARITIME PLAZA, 12TH FLOOR, SAN FRANCISCO CA 94111
Hellman & Friedman Capital Partners Viii, L.p. 10 percent owner ONE MARITINE PLAZA, 12TH FLOOR, SAN FRANCISCO CA 94111