The company's leverage profile remains aggressive with $6.5 billion in total debt and a current ratio of 0.78, indicating potential challenges in meeting short-term obligations.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Dec'08 | Dec'07 | Dec'06 | Dec'05 |
|---|
| Total Current Assets | 1.25B | 1.29B | 1.07B | 1.1B | 1.2B | 1.28B | 968.4M | 263.95M | 300.01M | 262.98M | 332.62M | 395.37M | 407.7M | 265.61M | 320.55M | 355.39M | 163.79M |
| Cash & Short-Term Investments | 110.8M | 134.9M | 117.4M | 74.9M | 69.4M | 300.7M | 65M | 92.95M | 67.19M | 109.3M | 175.18M | 104.85M | 139.87M | 180.62M | 198.11M | 160.47M | 54.16M |
| Cash Only | 110.8M | 134.9M | 117.4M | 74.9M | 69.4M | 300.7M | 65M | 92.95M | 67.19M | 109.3M | 175.18M | 104.85M | 139.87M | 171.95M | 49.9M | 30.45M | 29.1M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.66M | 148.22M | 130.03M | 25.07M |
| Accounts Receivable | 339.1M | 358.5M | 404.5M | 431.4M | 422.6M | 419.5M | 383.7M | 85.83M | 118.22M | 72.08M | 59.84M | 98.29M | 108.67M | 27.78M | 49.96M | 104.07M | 49.7M |
| Days Sales Outstanding | 17.32 | 17.5 | 29.94 | 31.97 | 31.34 | 31.05 | 38.09 | 58.79 | 82.78 | 49.64 | 28.47 | 47.65 | 63.01 | 40.98 | 51.63 | 105.41 | 84.38 |
| Inventory | 631M | 630M | 447M | 483.1M | 555M | 463.9M | 312.1M | 55.91M | 82.83M | 47.35M | 61.77M | 123.39M | 80.97M | 50.05M | 52.53M | 68.14M | 40.65M |
| Days Inventory Outstanding | 55.92 | 55.27 | 59.31 | 63.05 | 70.54 | 61.08 | 55.88 | 52.54 | 78.2 | 44.14 | 39 | 80.54 | 64.28 | 16.31K | 63.03 | 86.66 | 89.74 |
| Other Current Assets | 164.8M | 170.7M | 96.5M | 113.8M | 148.2M | 0 | 0 | 29.26M | 31.76M | 34.26M | 35.83M | 68.83M | 78.19M | 7.16M | 19.95M | 22.72M | 19.28M |
| Total Non-Current Assets | 10.29B | 10.32B | 4.92B | 3.45B | 3.16B | 3.05B | 2.34B | 92.18M | 87.58M | 101.96M | 75.23M | 101.52M | 42.86M | 10.43M | 31.02M | 42.25M | 12.01M |
| Property, Plant & Equipment | 2.89B | 2.9B | 1.41B | 1.51B | 1.3B | 1.06B | 812.2M | 40.53M | 38.48M | 34.58M | 26.17M | 27.4M | 29.57M | 6.94M | 8.29M | 5.37M | 2.59M |
| Fixed Asset Turnover | 2.66x | 2.58x | 3.50x | 3.25x | 3.79x | 4.63x | 4.53x | 13.15x | 13.55x | 15.32x | 29.32x | 27.48x | 21.29x | 35.65x | 42.63x | 67.08x | 83.07x |
| Goodwill | 4.59B | 4.62B | 1.07B | 1.08B | 1.06B | 1.11B | 766.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22.87M | 0 |
| Intangible Assets | 2.58B | 2.59B | 700.5M | 714.8M | 715.8M | 750.9M | 630.1M | 0 | 0 | 0 | 4.64M | 8.68M | 13.29M | 3.49M | 22.73M | 14.01M | 9.42M |
| Long-Term Investments | 0 | 0 | 1.59B | 0 | 0 | 0 | 0 | 7.1M | 7M | 8.2M | 7.8M | 7.3M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 219.9M | 198.9M | 130.3M | 122.2M | 77.3M | 111.8M | 118.1M | 43.06M | 42.05M | 42.51M | 30.85M | 42.7M | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 11.54B | 11.61B | 5.98B | 4.55B | 4.36B | 4.32B | 3.31B | 356.13M | 387.58M | 364.94M | 407.85M | 496.88M | 450.56M | 276.04M | 351.57M | 397.64M | 175.8M |
| Asset Turnover | 0.67x | 0.64x | 0.82x | 1.08x | 1.13x | 1.14x | 1.11x | 1.50x | 1.34x | 1.45x | 1.88x | 1.52x | 1.40x | 0.90x | 1.00x | 0.91x | 1.22x |
| Asset Growth % | 394.1% | 94.2% | 31.32% | 4.45% | 0.84% | 30.67% | 829.05% | -8.12% | 6.21% | -10.52% | -17.92% | 10.28% | 63.22% | -21.48% | -11.59% | 126.19% | - |
| Total Current Liabilities | 1.61B | 1.57B | 960.3M | 908.2M | 981.2M | 1.05B | 974.8M | 167.38M | 199.22M | 205.51M | 201.76M | 282.4M | 273.73M | 49.3M | 69.35M | 87.22M | 51.47M |
| Accounts Payable | 465.1M | 401.6M | 360.5M | 311.3M | 359.8M | 432M | 324.1M | 235M | 266.3M | 226.4M | 191.2M | 85.8M | 69.94M | 41.35M | 56.21M | 48.3M | 33.64M |
| Days Payables Outstanding | 38.65 | 35.23 | 47.83 | 40.63 | 45.73 | 56.88 | 58.03 | 220.85 | 251.41 | 211.05 | 120.7 | 56.01 | 55.52 | 13.48K | 67.44 | 61.43 | 74.27 |
| Short-Term Debt | 512.8M | 512M | 69.5M | 44.9M | 70.4M | 53M | 43.9M | 3.78M | 3.1M | 53.66M | 35.36M | 48.59M | 24.1M | 0 | 0 | 247K | 857K |
| Deferred Revenue (Current) | 347.2M | 0 | 56.8M | 53.3M | 48.5M | 51.5M | 0 | 64.39M | 96.47M | 78.67M | 86.36M | 124.92M | 59.31M | 10.95M | 499K | 7.41M | 6.5M |
| Other Current Liabilities | 391.9M | 636.5M | 177.7M | 193.7M | 189.2M | 205.8M | 0 | 43.45M | 50.98M | 20.05M | 28.5M | 39.45M | 119.02M | 16.7M | 21.07M | 18.46M | 15.88M |
| Current Ratio | 0.78x | 0.83x | 1.11x | 1.21x | 1.22x | 1.21x | 0.99x | 1.58x | 1.51x | 1.28x | 1.65x | 1.40x | 1.49x | 5.39x | 4.62x | 4.07x | 3.18x |
| Quick Ratio | 0.38x | 0.42x | 0.64x | 0.68x | 0.65x | 0.77x | 0.67x | 1.24x | 1.09x | 1.05x | 1.34x | 0.96x | 1.19x | 4.37x | 3.86x | 3.29x | 2.39x |
| Cash Conversion Cycle | 34.59 | 37.54 | 41.42 | 54.39 | 56.16 | 35.25 | 35.94 | -109.52 | -90.43 | -117.27 | -53.24 | 72.18 | 71.76 | 2.87K | 47.22 | 130.64 | 99.86 |
| Total Non-Current Liabilities | 6.78B | 6.93B | 4.45B | 3.31B | 3.39B | 2.98B | 1.82B | 119.87M | 127.89M | 70.66M | 64.3M | 92.1M | 53.39M | 12.13M | 16.38M | 19.89M | 7.43M |
| Long-Term Debt | 4.44B | 6.16B | 3.74B | 2.53B | 2.74B | 2.28B | 1.32B | 57.91M | 67.81M | 6.31M | 0 | 0 | 0 | 10.89M | 16.38M | 19.89M | 7.43M |
| Capital Lease Obligations | 6.43B | 1.59B | 532.1M | 574.8M | 453.5M | 427M | 275.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 2.06B | 638.2M | 108.3M | 127.9M | 114M | 129.2M | 90.4M | 7.53M | 8.42M | 10.11M | 10.15M | 20.57M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 130.7M | -1.46B | 71M | 82.6M | 83.5M | 140.3M | 131.8M | 7.82M | 7.87M | 8.81M | 3.79M | 6.81M | 8.18M | 1.24M | 0 | 0 | 0 |
| Total Liabilities | 8.38B | 8.5B | 5.41B | 4.22B | 4.37B | 4.03B | 2.8B | 300.94M | 334.21M | 282.79M | 277.6M | 385.99M | 414.72M | 54M | 76.34M | 91.08M | 52.78M |
| Total Debt | 6.53B | 8.26B | 4.47B | 3.27B | 3.37B | 2.86B | 1.7B | 61.68M | 70.91M | 59.97M | 35.36M | 48.59M | 0 | 10.89M | 16.38M | 19.89M | 7.43M |
| Net Debt | 6.42B | 8.13B | 4.35B | 3.19B | 3.3B | 2.56B | 1.64B | -31.26M | 3.72M | -49.33M | -139.82M | -56.26M | -139.87M | -161.07M | -33.52M | -10.55M | -21.66M |
| Debt / Equity | 2.07x | 2.65x | 7.86x | 9.80x | - | 9.70x | 3.32x | 1.12x | 1.33x | 0.73x | 0.27x | 0.44x | - | 0.05x | 0.06x | 0.06x | 0.06x |
| Debt / EBITDA | 5.31x | 6.47x | 5.59x | 4.40x | 4.17x | 2.79x | 2.70x | 6.20x | - | - | 57.50x | - | - | - | - | 1.32x | 0.27x |
| Net Debt / EBITDA | 5.22x | 6.37x | 5.44x | 4.30x | 4.09x | 2.50x | 2.60x | -3.14x | - | - | -227.34x | - | - | - | - | -0.70x | -0.79x |
| Interest Coverage | 3.54x | 2.80x | 4.74x | 4.65x | 6.60x | 13.43x | 6.88x | - | - | - | - | - | - | - | -7872.75x | 1527.46x | 12.98x |
| Total Equity | 3.16B | 3.12B | 568.3M | 333.4M | -12.3M | 295M | 513.5M | 55.19M | 53.38M | 82.15M | 130.25M | 110.89M | 123.29M | 231.49M | 276.12M | 315.69M | 123.27M |
| Equity Growth % | 1463.01% | 448.46% | 70.46% | 2810.57% | -104.17% | -42.55% | 830.42% | 3.39% | -35.03% | -36.93% | 17.46% | -10.05% | -46.74% | -16.16% | -12.53% | 156.11% | - |
| Book Value per Share | 14.84 | 14.90 | 3.19 | 1.88 | -0.07 | 1.44 | 2.42 | 0.27 | 0.26 | 0.40 | 0.63 | 0.59 | 0.69 | 1.28 | 1.65 | 1.89 | 1.17 |
| Total Shareholders' Equity | 3.15B | 3.11B | 559M | 323.4M | -22.1M | 285.8M | 503.6M | 55.19M | 53.38M | 82.15M | 130.25M | 110.89M | 123.29M | 231.49M | 276.12M | 315.69M | 123.27M |
| Common Stock | 2.8M | 2.8M | 2.8M | 2.8M | 2.8M | 2.8M | 2.8M | 39K | 37K | 36K | 35K | 33K | 31K | 30K | 29K | 28K | 23K |
| Retained Earnings | 3.9B | 3.83B | 3.57B | 3.28B | 2.99B | 2.6B | 2.05B | -473.17M | -461.99M | -422.84M | -370.03M | -367.21M | 0 | 0 | 0 | 0 | 0 |
| Treasury Stock | -1.66B | -1.66B | -3.33B | -3.38B | -3.43B | -2.84B | -2.1B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -112.6M | -98.4M | -186.8M | -136.7M | -176.9M | -99.2M | -65.5M | -6.24M | -5.27M | -3.89M | -2.15M | -1.48M | 573K | -277K | -11K | -3K | 1K |
| Minority Interest | 7.9M | 8.9M | 9.3M | 10M | 9.8M | 9.2M | 9.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
High Goodwill Impairment Risk
According to the provided quarterly balance sheets, SGI's total assets surged from $4.6 billion in 2024Q1 to $11.5 billion by 2026Q1, a rapid expansion that appears largely driven by inorganic growth rather than organic accumulation of tangible book value or retained earnings.
The significant jump in asset scale suggests a major acquisition event, which has fundamentally altered the company's balance sheet composition. Investors should monitor whether this asset base can generate sufficient returns on invested capital, as the current trajectory shows a heavy reliance on non-tangible assets to drive scale.
Based on reported financial statements, SGI's debt load increased from $3.3 billion in 2024Q1 to $6.5 billion in 2026Q1, though the debt-to-equity ratio has improved from a peak of 9.80 to 2.07 due to significant equity issuance or valuation adjustments during the same period.
While the reduction in the debt-to-equity ratio suggests a deleveraging trend, the absolute debt burden remains substantial relative to the company's cash position. This level of leverage warrants caution, as it may limit financial flexibility if the integration of recent acquisitions fails to yield expected synergies.
As reported in the balance sheet data, goodwill has ballooned to $4.6 billion as of 2026Q1, representing a significant portion of the $11.5 billion total asset base, which indicates that the company's growth strategy is heavily reliant on the successful integration of acquired intangible assets.
The high concentration of goodwill relative to total assets suggests that the balance sheet is sensitive to potential impairment charges if the acquired businesses underperform. Analysts should scrutinize the underlying assumptions of these acquisitions, as any downward revision in valuation could materially impact the company's reported equity.
Based on the quarterly figures, SGI's current ratio has remained consistently below 1.0, reaching 0.78 in 2026Q1, which suggests that the company may face challenges in meeting its short-term obligations without relying on external financing or rapid inventory turnover.
The persistent sub-1.0 current ratio indicates a structural liquidity constraint that is common in capital-intensive hardware businesses. Investors should monitor the company's ability to manage its working capital cycle, as any disruption in cash inflows could quickly strain the firm's operational stability.
Quick answers to the most common questions about buying SGI stock.
As of 2025, Somnigroup International Inc (SGI) had total assets of $11.61B including $1.29B in current assets.
Somnigroup International Inc (SGI) carries total debt of $8.26B, offset by $134.9M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Somnigroup International Inc (SGI) has total shareholders' equity (book value) of $3.11B ($14.90 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Somnigroup International Inc (SGI) reported a current ratio of 0.83x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.