SNBR is no longer listed. Its last trade on record was Jul 17, 2026. The price and figures on this page are from its last trading day and final filings, and are no longer updated.
The balance sheet reflects a critical solvency risk, highlighted by a current ratio of 0.15 and a total debt burden of $953.6 million against a negative equity position of $626.3 million.
Sleep Number Corp (SNBR) balance sheet — 29-year assets, liabilities & shareholders' equity history
| Metric | TTM | Jan'26 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 |
|---|
| Total Current Assets | 143.47M | 149.96M | 181.28M | 206.13M | 197.76M | 207.62M | 181.8M | 160.37M | 150.86M | 152.49M | 138.33M | 197.93M | 232.59M | 189.54M | 210.58M | 191.19M | 116.91M | 54.1M | 69.15M | 79.14M | 103.17M | 105.06M | 95.57M | 104.53M | 69.99M | 30.67M | 23.96M | 54.1M | 75.8M | 30.7M |
| Cash & Short-Term Investments | 1.48M | 1.69M | 1.95M | 2.54M | 1.79M | 2.39M | 4.24M | 1.59M | 1.61M | 3.65M | 11.61M | 27.56M | 121.6M | 110.38M | 139.18M | 136.28M | 81.36M | 17.72M | 13.06M | 7.28M | 46.57M | 56.98M | 50.81M | 74.05M | 39.32M | 16.38M | 5.45M | 27.5M | 45.6M | 12.7M |
| Cash Only | 1.48M | 1.69M | 1.95M | 2.54M | 1.79M | 2.39M | 4.24M | 1.59M | 1.61M | 3.65M | 11.61M | 20.99M | 51.99M | 58.22M | 87.92M | 116.25M | 81.36M | 17.72M | 13.06M | 7.28M | 8.82M | 32.86M | 15.07M | 24.73M | 27.18M | 16.38M | 1.5M | 7.4M | 45.6M | 12.7M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.57M | 69.61M | 52.16M | 51.26M | 20.02M | 0 | 0 | 0 | 0 | 37.75M | 24.12M | 35.75M | 49.32M | 12.15M | 0 | 3.95M | 20.1M | 0 | 0 |
| Accounts Receivable | 39.32M | 15.5M | 17.52M | 26.86M | 26M | 25.72M | 31.87M | 19.98M | 24.8M | 19.31M | 19.7M | 44.29M | 19.69M | 14.98M | 16.61M | 13.84M | 4.56M | 8.99M | 30.84M | 18.9M | 12.16M | 6.23M | 8.64M | 6.82M | 3.27M | 2.62M | 2.69M | 1.1M | 10.6M | 6M |
| Days Sales Outstanding | 5.78 | 4.01 | 3.8 | 5.19 | 4.49 | 4.3 | 6.27 | 4.29 | 5.91 | 4.88 | 5.48 | 13.32 | 6.21 | 5.69 | 6.49 | 6.8 | 2.75 | 6.03 | 18.5 | 8.63 | 5.51 | 3.29 | 5.66 | 5.43 | 3.55 | 3.66 | 3.64 | 1.47 | 15.71 | 11.88 |
| Inventory | 78.22M | 82.23M | 103.15M | 115.43M | 114.03M | 105.64M | 81.36M | 87.06M | 84.88M | 84.3M | 75.03M | 86.6M | 53.53M | 40.15M | 35.56M | 24.85M | 19.65M | 15.65M | 18.68M | 32.52M | 24.12M | 21.98M | 20.48M | 12.38M | 8.98M | 8.09M | 11.08M | 11.5M | 10.1M | 7.7M |
| Days Inventory Outstanding | 56.97 | 51.88 | 55.41 | 52.74 | 45.64 | 44.52 | 42.39 | 49.16 | 51.33 | 56.23 | 54.65 | 66.83 | 43.43 | 40.89 | 38.36 | 33.24 | 31.53 | 27.36 | 27.27 | 37.94 | 27.9 | 28.59 | 34.46 | 26.4 | 26.06 | 32.77 | 44.69 | 47.48 | 46.2 | 44.9 |
| Other Current Assets | 4.72M | 36.87M | 44.1M | 44.64M | 39.92M | 54.92M | 43.49M | 36.4M | 31.56M | 27.66M | 23.28M | 13.74M | 19.97M | 14.81M | 14.92M | 10.45M | 4.95M | 5.87M | 2.47M | 10.63M | 10.09M | 10.01M | 8.25M | 6.04M | 12.96M | 0 | 4.74M | 14M | 9.5M | 4.3M |
| Total Non-Current Assets | 497.53M | 530.1M | 679.53M | 744.75M | 756.18M | 711.92M | 618.33M | 645.67M | 319.28M | 319.34M | 318.84M | 315.47M | 241.59M | 192.23M | 131.44M | 71.46M | 53.05M | 64.14M | 66.26M | 111.35M | 125.79M | 123.78M | 96.25M | 46.17M | 38.34M | 36.76M | 40.71M | 41.8M | 30.4M | 26.5M |
| Property, Plant & Equipment | 369.07M | 398.25M | 486.21M | 574.91M | 598.36M | 566.26M | 489.45M | 524.44M | 205.63M | 208.65M | 208.37M | 204.38M | 165.45M | 129.54M | 79.36M | 43.85M | 32.95M | 37.68M | 53.27M | 80.41M | 59.38M | 53.87M | 43.91M | 36.13M | 28.98M | 30.88M | 37.06M | 34.8M | 29.1M | 25.2M |
| Fixed Asset Turnover | 3.29x | 3.54x | 3.46x | 3.28x | 3.53x | 3.86x | 3.79x | 3.24x | 7.45x | 6.92x | 6.29x | 5.94x | 6.99x | 7.41x | 11.78x | 16.95x | 18.38x | 14.44x | 11.42x | 9.94x | 13.57x | 12.83x | 12.70x | 12.69x | 11.59x | 8.47x | 7.29x | 7.87x | 8.46x | 7.32x |
| Goodwill | 64M | 64M | 64M | 64M | 64M | 64M | 64M | 64M | 64M | 64M | 64.05M | 64.05M | 8.96M | 8.96M | 8.96M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 2.13M | 2.19M | 2.41M | 2.63M | 4.07M | 6.47M | 8.87M | 9.23M | 11.41M | 13.59M | 16.77M | 19.3M | 7.02M | 7.86M | 7.86M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.64M | 6.82M | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 75.4M | 0 | 118.42M | 54.8M | 55.56M | 0 | -242K | 0 | -30.3M | 0 | 0 | 8.55M | 44.44M | 34.63M | 38.64M | 10.04M | 10.04M | 0 | 0 | 0 | 0 | 13.63M | -11.63M | -13.57M | 37.18M | 0 | 50K | -16.1M | 0 | 0 |
| Other Non-Current Assets | 32.53M | 65.27M | -25.1M | 28.16M | 26.23M | 75.19M | 56.25M | 48.01M | 38.24M | 30.48M | 24.99M | 14.53M | 12.28M | 6.29M | -11.89M | 4.61M | 4.13M | 7.38M | 7.04M | 5.39M | 47.13M | 58.66M | 44.55M | 4.41M | 5.01M | 1.53M | 3.59M | 23.1M | 1.3M | 1.3M |
| Total Assets | 641.01M | 680.06M | 860.81M | 950.88M | 953.94M | 919.54M | 800.14M | 806.04M | 470.14M | 471.83M | 457.17M | 513.4M | 474.19M | 381.76M | 342.02M | 262.66M | 169.96M | 118.24M | 135.41M | 190.49M | 228.96M | 228.83M | 191.81M | 150.7M | 108.33M | 67.44M | 64.67M | 95.9M | 106.2M | 57.2M |
| Asset Turnover | 1.86x | 2.08x | 1.95x | 1.98x | 2.22x | 2.38x | 2.32x | 2.11x | 3.26x | 3.06x | 2.87x | 2.36x | 2.44x | 2.52x | 2.73x | 2.83x | 3.56x | 4.60x | 4.49x | 4.20x | 3.52x | 3.02x | 2.91x | 3.04x | 3.10x | 3.88x | 4.18x | 2.86x | 2.32x | 3.22x |
| Asset Growth % | -66.68% | -21% | -9.47% | -0.32% | 3.74% | 14.92% | -0.73% | 71.45% | -0.36% | 3.21% | -10.95% | 8.27% | 24.21% | 11.62% | 30.22% | 54.54% | 43.74% | -12.68% | -28.91% | -16.8% | 0.06% | 19.3% | 27.28% | 39.11% | 60.64% | 4.27% | -32.56% | -9.7% | 85.66% | - |
| Total Current Liabilities | 931.71M | 912.55M | 908.01M | 936.07M | 929.81M | 906.78M | 655.94M | 594.77M | 488.67M | 306.39M | 225.32M | 224.95M | 187.05M | 137.18M | 133.06M | 119.05M | 96.86M | 79.54M | 159.69M | 149.14M | 97.53M | 94.9M | 69.12M | 50.56M | 43.23M | 34.41M | 42.14M | 39.6M | 33.6M | 29.9M |
| Accounts Payable | 116.39M | 117.98M | 107.62M | 135.9M | 176.21M | 162.55M | 91.9M | 134.59M | 144.78M | 129.19M | 105.38M | 103.94M | 84.2M | 73.39M | 44.92M | 50.14M | 42.02M | 37.54M | 40.27M | 69.78M | 46.06M | 42.66M | 26.27M | 14.77M | 16.51M | 15.22M | 17.27M | 15.9M | 12.1M | 12.2M |
| Days Payables Outstanding | 73.72 | 74.44 | 57.81 | 62.09 | 70.52 | 68.5 | 47.88 | 76 | 87.55 | 86.18 | 76.75 | 80.22 | 68.31 | 74.74 | 48.45 | 67.07 | 67.45 | 65.64 | 58.81 | 81.41 | 53.28 | 55.49 | 44.19 | 31.5 | 47.9 | 61.66 | 69.64 | 65.65 | 55.34 | 71.13 |
| Short-Term Debt | 684.94M | 588.2M | 546.6M | 539.5M | 459.6M | 382.5M | 244.2M | 231M | 199.6M | 24.5M | 0 | 0 | 0 | 0 | 0 | 39.69M | 0 | 0 | 79.15M | 37.89M | 0 | 0 | 0 | 0 | 11K | 28K | 38K | 100K | 900K | 1M |
| Deferred Revenue (Current) | 156.15M | 39.53M | 85.06M | 85.56M | 109.52M | 129.5M | 107.31M | 34.25M | 27.07M | 27.77M | 26.21M | 51.47M | 28.73M | 15.39M | 15.19M | 13.53M | 13.53M | 0 | 20.26M | 23.43M | -8.87M | 0 | 0 | 0 | 0 | -7.54M | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 35.48M | 61.41M | 55.39M | 65.07M | 73.67M | 115.42M | 73.67M | 93.39M | 57.13M | 118.09M | 53.28M | 46.16M | 64.89M | 46.05M | 54.66M | -586K | 19.26M | 17.43M | 22.75M | 21.8M | 22.45M | 17.78M | 22.55M | 0 | 26.71M | 0 | 24.83M | 23.6M | 20.6M | 16.7M |
| Current Ratio | 0.15x | 0.16x | 0.20x | 0.22x | 0.21x | 0.23x | 0.28x | 0.27x | 0.31x | 0.50x | 0.61x | 0.88x | 1.24x | 1.38x | 1.58x | 1.61x | 1.21x | 0.68x | 0.43x | 0.53x | 1.06x | 1.11x | 1.38x | 2.07x | 1.62x | 0.89x | 0.57x | 1.37x | 2.26x | 1.03x |
| Quick Ratio | 0.07x | 0.07x | 0.09x | 0.10x | 0.09x | 0.11x | 0.15x | 0.12x | 0.14x | 0.22x | 0.28x | 0.49x | 0.96x | 1.09x | 1.32x | 1.40x | 1.00x | 0.48x | 0.32x | 0.31x | 0.81x | 0.88x | 1.09x | 1.82x | 1.41x | 0.66x | 0.31x | 1.08x | 1.96x | 0.77x |
| Cash Conversion Cycle | -10.97 | -18.54 | 1.4 | -4.16 | -20.39 | -19.68 | 0.77 | -22.54 | -30.31 | -25.07 | -16.62 | -0.06 | -18.66 | -28.16 | -3.61 | -27.03 | -33.17 | -32.25 | -13.04 | -34.84 | -19.87 | -23.6 | -4.08 | 0.33 | -18.29 | -25.23 | -21.31 | -16.7 | 6.56 | -14.36 |
| Total Non-Current Liabilities | 335.62M | 345.99M | 404.38M | 456.74M | 462.3M | 437.71M | 368.17M | 370.7M | 91.02M | 76.29M | 71.53M | 66.11M | 30.23M | 19.36M | 15.26M | 14.22M | 15.12M | 16.25M | 17.36M | 17.22M | 15.74M | 12.59M | 8.35M | 7.38M | 10.59M | 26.25M | 5.93M | 2.9M | 1.9M | 20.7M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.99M | 17.11M | 2.32M | 0 | 0 | 19.5M |
| Capital Lease Obligations | 1.11B | 273.11M | 307.2M | 351.39M | 356.88M | 336.19M | 283.08M | 298.09M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 262K | 621K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 688K | 242K | 3.81M | 4.82M | 4.82M | 0 | 12.5M | 12.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 31.2M | 72.88M | 97.18M | 105.34M | 105.42M | 100.83M | 84.84M | 68.8M | 91.02M | 76.29M | 71.53M | 53.61M | 30.23M | 19.36M | 15.26M | 14.22M | 15.12M | 15.98M | 16.73M | 17.22M | 15.74M | 12.59M | 8.35M | 7.38M | 7.6M | 9.14M | 3.61M | 2.9M | 1.9M | 1.2M |
| Total Liabilities | 1.27B | 1.26B | 1.31B | 1.39B | 1.39B | 1.34B | 1.02B | 965.47M | 579.69M | 382.68M | 296.85M | 291.06M | 217.28M | 156.54M | 148.32M | 133.27M | 111.98M | 95.78M | 177.04M | 166.36M | 113.27M | 107.49M | 77.47M | 57.94M | 53.82M | 60.66M | 48.07M | 42.5M | 35.5M | 50.6M |
| Total Debt | 953.64M | 942.5M | 936.11M | 972.65M | 896.01M | 791.05M | 589.36M | 588.65M | 199.6M | 24.5M | 24.5M | 15.12M | 15.12M | 114.05M | 86.79M | 89.91M | 10.04M | 262K | 79.77M | 37.89M | 37.89M | 0 | 0 | 0 | 3M | 17.14M | 2.36M | 100K | 900K | 20.5M |
| Net Debt | 952.15M | 940.81M | 934.16M | 970.12M | 894.22M | 788.66M | 585.12M | 587.06M | 197.99M | 20.85M | 12.89M | -5.87M | -36.88M | 55.83M | -1.12M | -26.35M | -71.32M | -17.45M | 66.71M | 30.61M | 29.07M | -32.86M | -15.07M | -24.73M | -24.17M | 762K | 862K | -7.3M | -44.7M | 7.8M |
| Debt / Equity | -1.52x | - | - | - | - | - | - | - | - | 0.27x | 0.15x | 0.07x | 0.06x | 0.51x | 0.45x | 0.69x | 0.17x | 0.01x | - | 1.57x | 0.33x | - | - | - | 0.06x | 2.53x | 0.14x | 0.00x | 0.01x | 3.11x |
| Debt / EBITDA | -131.21x | 15.78x | 10.49x | 10.20x | 6.62x | 3.12x | 2.39x | 3.38x | 1.29x | 0.16x | 0.18x | 0.12x | 0.11x | 0.94x | 0.62x | 0.86x | 0.15x | 0.01x | - | 0.55x | 0.41x | - | - | - | 0.10x | - | - | - | 0.05x | 3.36x |
| Net Debt / EBITDA | -131.01x | 15.76x | 10.47x | 10.18x | 6.61x | 3.11x | 2.37x | 3.37x | 1.28x | 0.14x | 0.10x | -0.05x | -0.26x | 0.46x | -0.01x | -0.25x | -1.06x | -0.44x | - | 0.45x | 0.31x | -0.39x | -0.24x | -0.46x | -0.77x | - | - | - | -2.64x | 1.28x |
| Interest Coverage | -1.66x | -0.94x | 0.47x | 0.54x | 3.58x | 30.99x | 20.72x | 9.67x | 15.64x | 94.27x | 94.51x | 488.10x | 1919.74x | 1744.00x | 1305.40x | 481.96x | 61.25x | 2.63x | -20.88x | 13.41x | - | - | - | - | - | - | - | - | - | - |
| Total Equity | -626.32M | -578.48M | -451.59M | -441.93M | -438.18M | -424.95M | -223.98M | -159.43M | -109.55M | 89.16M | 160.32M | 222.34M | 256.91M | 225.22M | 193.7M | 129.39M | 57.98M | 22.46M | -41.63M | 24.13M | 115.69M | 121.35M | 114.34M | 92.76M | 54.52M | 6.77M | 16.6M | 53.4M | 70.7M | 6.6M |
| Equity Growth % | -88.91% | -28.1% | -2.19% | -0.86% | -3.11% | -89.73% | -40.49% | -45.53% | -222.87% | -44.39% | -27.89% | -13.46% | 14.07% | 16.27% | 49.7% | 123.18% | 158.16% | 153.95% | -272.55% | -79.15% | -4.66% | 6.12% | 23.27% | 70.16% | 705.01% | -59.2% | -68.91% | -24.47% | 971.21% | - |
| Book Value per Share | -27.23 | -25.26 | -19.98 | -19.70 | -19.17 | -17.03 | -7.88 | -5.25 | -3.03 | 2.12 | 3.42 | 4.27 | 4.74 | 4.04 | 3.39 | 2.29 | 1.05 | 0.49 | -0.94 | 0.50 | 2.08 | 2.11 | 1.99 | 1.62 | 1.05 | 0.17 | 0.62 | 1.95 | 2.04 | 1.26 |
| Total Shareholders' Equity | -626.32M | -578.48M | -451.59M | -441.93M | -438.18M | -424.95M | -223.98M | -159.43M | -109.55M | 89.16M | 160.32M | 222.34M | 256.91M | 225.22M | 193.7M | 129.39M | 57.98M | 22.46M | -41.63M | 24.13M | 115.69M | 121.35M | 114.34M | 92.76M | 54.52M | 6.77M | 16.6M | 53.4M | 70.7M | 6.6M |
| Common Stock | 230K | 229K | 224K | 222K | 220K | 227K | 254K | 280K | 309K | 388K | 436K | 494K | 528K | 549K | 559K | 564K | 555K | 543K | 450K | 446K | 515K | 357K | 358K | 358K | 307K | 183K | 180K | 200K | 200K | 0 |
| Retained Earnings | -661.46M | -611.16M | -479.2M | -458.87M | -443.58M | -429.15M | -224.23M | -159.71M | -109.86M | 88.77M | 159.88M | 221.86M | 256.41M | 219.28M | 159.19M | 81.1M | 20.62M | -10.95M | -46.5M | 23.68M | 111.14M | 63.96M | 20.19M | -10.8M | -37.98M | -75.1M | -63.03M | -25.3M | -17.1M | -22.3M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -293.07M | -263.98M | 89M | -14K | -34K | 13K | 20K | 25K | 25K | -125.4M | -115M | -112.7M | -102.9M | -3.39M | -1.75M | -877K | -877K | -38.6M | 0 | 0 | -17.4M | -7M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Quick answers to the most common questions about buying SNBR stock.
As of 2025, Sleep Number Corp (SNBR) had total assets of $680.1M including $150.0M in current assets.
Sleep Number Corp (SNBR) carries total debt of $942.5M, offset by $1.7M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Sleep Number Corp (SNBR) has total shareholders' equity (book value) of $-578.5M ($-25.26 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Sleep Number Corp (SNBR) reported a current ratio of 0.16x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.
Key Metrics
Top Statement Risk
Severe liquidity and solvency
Metrics are mathematically derived from official filings.
Erosion of Net Asset Base
As reported in recent financial filings, Sleep Number’s total assets have declined from $950.9 million in 2023Q4 to $641.0 million in 2026Q1, while the company’s equity position has deteriorated into a deep deficit of $626.3 million, signaling a rapid and concerning contraction of the firm's net worth.
The consistent decline in total assets, coupled with the widening equity deficit, suggests that the company is consuming its capital base to fund ongoing operational losses. Investors should monitor whether this trajectory indicates an unsustainable business model that may eventually require a significant capital infusion or restructuring to remain viable.
High Leverage Amidst Capital Deficit
Based on the provided balance sheet data, the company maintains a substantial debt load of $953.6 million as of 2026Q1, which, when viewed against a negative equity position, creates a precarious financial structure that leaves virtually no room for operational error or further market volatility.
The reliance on nearly $1 billion in debt to support a shrinking asset base implies that the company is highly sensitive to interest rate fluctuations and credit availability. This leverage profile appears to be a necessity-driven burden rather than a strategic choice, potentially limiting management's ability to pivot or invest in future growth.
Critical Thinning of Cash Reserves
According to the latest quarterly data, Sleep Number’s cash position has dwindled to a nominal $1.5 million, while the current ratio remains dangerously low at 0.15, indicating an extremely limited buffer to meet short-term obligations or navigate unexpected shocks to the retail environment.
A current ratio of 0.15 suggests that the company lacks the liquid assets necessary to cover its immediate liabilities, which warrants significant concern regarding near-term solvency. This liquidity profile appears to be the most immediate risk factor, as it leaves the firm with almost no margin for operational disruption.
Asset Base Contraction and Quality
As indicated by the financial statements, net property, plant, and equipment have fallen from $574.9 million in 2023Q4 to $369.1 million in 2026Q1, reflecting a significant reduction in the company's physical footprint and a potential impairment of its core retail-oriented asset base.
The reduction in PPE suggests that the company is actively downsizing its physical infrastructure, likely in response to the sustained revenue contraction. This trend may indicate that the previous store-heavy strategy is no longer supportable, forcing a shift that could impact future brand visibility and customer acquisition capabilities.