Solo Historical Balance Sheet
| DTC Stock | USD 1.25 0.06 5.04% |
Trend analysis of Solo Brands balance sheet accounts such as Other Current Liabilities of 32.6 M or Total Current Liabilities of 76.4 M provides information on Solo Brands' total assets, liabilities, and equity, which is the actual value of Solo Brands to its prevalent stockholders. By breaking down trends over time using Solo Brands balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Solo Brands latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Solo Brands is a good buy for the upcoming year.
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About Solo Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Solo Brands at a specified time, usually calculated after every quarter, six months, or one year. Solo Brands Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Solo Brands and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Solo currently owns. An asset can also be divided into two categories, current and non-current.
Solo Brands Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Solo Brands assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Solo Brands books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Solo Brands balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Solo Brands are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Retained Earnings Total Equity
The portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt.Most accounts from Solo Brands' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Solo Brands current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Solo Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Solo Stock refer to our How to Trade Solo Stock guide.At present, Solo Brands' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 61.6 M, whereas Short and Long Term Debt Total is forecasted to decline to about 115.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 128.1M | 113.4M | 182.5M | 115.8M | Total Assets | 837.7M | 862.3M | 659.3M | 661.6M |
Solo Brands balance sheet Correlations
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Solo Brands Account Relationship Matchups
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Solo Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Solo Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Solo Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Solo Brands Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Solo Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Solo Stock refer to our How to Trade Solo Stock guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Leisure Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Solo Brands. If investors know Solo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Solo Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Earnings Share (3.35) | Revenue Per Share 8.184 | Quarterly Revenue Growth (0.15) | Return On Assets (0.03) |
The market value of Solo Brands is measured differently than its book value, which is the value of Solo that is recorded on the company's balance sheet. Investors also form their own opinion of Solo Brands' value that differs from its market value or its book value, called intrinsic value, which is Solo Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Solo Brands' market value can be influenced by many factors that don't directly affect Solo Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Solo Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Solo Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solo Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.