Stryve Foods, Inc. (SNAX) Balance Sheet
SNAX balance sheet, 2023
December 31, 2023 · U.S. dollars$32.7M assets = $31.1M liabilities + $1.6M equity
Both columns are drawn to the same scale: what SNAX owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SNAX financial health
Descriptive bands, not a rating. Fiscal 2023.
SNAX balance sheet trends, 2016–2023
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $35,8392016 | $32.7M2023 | +164.8%/yr | |
| Total liabilities | $24,6402016 | $31.1M2023 | +177.4%/yr | |
| Shareholders’ equity | $11,1992016 | $1.6M2023 | +103.0%/yr | |
| Cash & short-term investments | $352,5242019 | $369,1142023 | +1.2%/yr | |
| Total debt | $15,8382016 | $24.0M2023 | +184.6%/yr | |
| Net cash (debt) | −$15,8382016 | −$23.6M2023 | −$23.6M | |
| Working capital | $11,1992016 | −$7.4M2023 | −$7.4M | |
| Book value per share | $0.002016 | $0.722023 | +106.5%/yr | |
| Current ratio | 1.452016 | 0.532023 | −0.92 | |
| Debt / equity | 1.412016 | 15.062023 | +13.65 | |
| Shares outstanding | 2.5M2016 | 2.2M2023 | −1.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SNAX assets
SNAX liabilities and equity
SNAX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SNAX balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & short-term investments | $369,114 | $623,000 | $2.2M | $591,634 | $352,524 | — | — | — |
| Cash & equivalents | $369,114 | $623,000 | $2.2M | $591,634 | $352,524 | — | — | — |
| Short-term investments | — | — | — | $13.5M | — | — | — | — |
| Receivables | $2.1M | $2.5M | $3.1M | $679,061 | $1.1M | $0 | $0 | $0 |
| Inventory | $5.2M | $8.3M | $7.2M | $3.4M | $1.8M | $0 | $0 | $0 |
| Other current assets | $720,682 | $1.6M | $2.5M | $778,230 | $0 | $156,276 | $35,839 | $35,839 |
| Total current assets | $8.4M | $12.9M | $15.0M | $5.4M | $360,600 | $156,276 | $35,839 | $35,839 |
| Property, plant & equipment (net) | $11.8M | $13.8M | $7.6M | $6.8M | $7.1M | $0 | $0 | $0 |
| Goodwill & intangible assets | $12.6M | $12.8M | $13.1M | $13.4M | $8.4M | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $110.1M | $0 | $0 | $0 |
| Other non-current assets | $0 | $0 | $1.1M | $557,206 | $0 | $0 | $0 | $0 |
| Total assets | $32.7M | $39.6M | $36.8M | $26.2M | $110.5M | $156,276 | $35,839 | $35,839 |
| Liabilities | ||||||||
| Accounts payable | $4.5M | $3.0M | $3.1M | $3.8M | $3.1M | $10,075 | $2,917 | $8,801 |
| Short-term debt | $8.6M | $2.3M | $7.1M | $26.1M | $6.1M | $106,498 | $22,147 | $15,838 |
| Deferred revenue | $135,721 | — | $34,226 | — | −$9.2M | $72,239 | −$2,917 | −$8,800 |
| Total current liabilities | $15.8M | $7.1M | $11.8M | $31.7M | $5,723 | $160,273 | $25,064 | $24,640 |
| Long-term debt | $3.5M | $3.7M | $119,542 | $3.9M | $0 | $0 | $0 | $0 |
| Lease obligations | $12.2M | $12.6M | $8.3M | $0 | — | — | — | — |
| Other long-term liabilities | $11.9M | $12.3M | $8.4M | $0 | $14.7M | $188,812 | $25,064 | $24,640 |
| Total liabilities | $31.1M | $23.1M | $20.3M | $35.6M | $5,723 | $160,273 | $25,064 | $24,640 |
| Shareholders' equity | ||||||||
| Common stock & paid-in capital | $262 | $3,000 | $2,013 | $1,015 | $105.5M | $287 | $287 | $287 |
| Retained earnings (deficit) | −$136.3M | −$117.3M | −$84.1M | −$52.1M | $1.7M | −$28,997 | −$14,225 | −$13,801 |
| Accumulated other comprehensive income | $0 | $0 | $0 | — | −$132.0M | — | — | — |
| Total shareholders' equity | $1.6M | $16.4M | $16.4M | −$9.3M | $110.5M | −$3,997 | $10,775 | $11,199 |
| Key figures | ||||||||
| Total debt | $24.0M | $18.3M | $15.3M | $30.0M | $20.7M | $106,498 | $22,147 | $15,838 |
| Net cash (debt) | −$23.6M | −$17.7M | −$13.1M | −$29.4M | −$20.4M | −$106,498 | −$22,147 | −$15,838 |
| Working capital | −$7.4M | $5.8M | $3.2M | −$26.3M | $354,877 | −$3,997 | $10,775 | $11,199 |
| Tangible book value | −$11.0M | $3.6M | $3.4M | −$22.7M | $102.1M | −$3,997 | $10,775 | $11,199 |
| Book value per share | $0.72 | $7.70 | $12.25 | −$7.46 | $32.06 | −$0.00 | $0.00 | $0.00 |
| Shares outstanding | 2.2M | 2.1M | 1.3M | 1.3M | 3.4M | 2.5M | 2.5M | 2.5M |
| Current ratio | 0.53 | 1.82 | 1.27 | 0.17 | 63.01 | 0.98 | 1.43 | 1.45 |
| Quick ratio | 0.16 | 0.44 | 0.45 | 0.04 | 250.16 | 0.00 | 0.00 | 0.00 |
| Debt / equity | 15.06 | 1.11 | 0.93 | — | 0.19 | — | 2.06 | 1.41 |
| Equity / assets | 4.9% | 41.5% | 44.7% | −35.6% | 100.0% | −2.6% | 30.1% | 31.2% |
| Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | Sep '22 | Jun '22 | Mar '22 | Dec '21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $183,362 | $447,342 | $280,101 | $369,114 | $226,475 | $320,182 | $376,872 | $623,000 | $4.4M | $5.0M | $12.6M | $2.2M |
| Cash & equivalents | $183,362 | $447,342 | $280,101 | $369,114 | $226,475 | $320,182 | $376,872 | $623,000 | $4.4M | $5.0M | $12.6M | $2.2M |
| Receivables | $2.9M | $3.0M | $2.3M | $2.1M | $3.0M | $3.0M | $3.0M | $2.5M | $2.1M | $4.3M | $3.6M | $2.9M |
| Inventory | $4.9M | $4.8M | $5.0M | $5.2M | $6.3M | $8.4M | $8.3M | $8.3M | $8.9M | $6.7M | $13.2M | $7.2M |
| Other current assets | $782,975 | $396,035 | $537,466 | $720,682 | $1.0M | $1.1M | $1.5M | $1.6M | $2.5M | $1.7M | $2.6M | $2.7M |
| Total current assets | $8.7M | $8.6M | $8.2M | $8.4M | $10.6M | $12.7M | $13.1M | $12.9M | $18.0M | $17.6M | $32.1M | $15.0M |
| Property, plant & equipment (net) | $10.4M | $10.8M | $11.3M | $11.8M | $12.2M | $12.7M | $13.3M | $13.8M | $8.5M | $8.7M | $7.9M | $7.6M |
| Goodwill & intangible assets | $12.4M | $12.4M | $12.5M | $12.6M | $12.6M | $12.7M | $12.8M | $12.8M | $12.9M | $12.9M | $13.0M | $13.1M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.1M | $1.1M |
| Total assets | $31.5M | $31.9M | $31.9M | $32.7M | $35.4M | $38.1M | $39.1M | $39.6M | $39.3M | $39.2M | $54.0M | $36.8M |
| Liabilities | ||||||||||||
| Accounts payable | $6.6M | $5.7M | $6.3M | $4.5M | $4.0M | $4.5M | $4.4M | $3.0M | $2.5M | $2.6M | $2.8M | $3.1M |
| Short-term debt | $13.3M | $11.9M | $8.7M | — | $7.4M | $4.6M | $2.9M | $2.3M | $1.9M | $332,924 | $291,729 | $7.1M |
| Deferred revenue | −$7.15B | $1 | $46,423 | — | −$5.16B | −$2.70B | — | — | — | — | $1.1M | $34,226 |
| Total current liabilities | $23.0M | $20.3M | $17.5M | $15.8M | $13.8M | $10.9M | $9.2M | $7.1M | $7.1M | $5.5M | $4.1M | $11.8M |
| Long-term debt | $3.2M | $3.3M | $3.4M | $3.5M | $3.5M | $5.6M | $5.6M | $3.7M | $3.5M | $35,829 | $83,661 | $119,542 |
| Lease obligations | $11.9M | $12.1M | $12.1M | $12.2M | $12.3M | $12.4M | $12.5M | $12.6M | $8.2M | $8.2M | $8.2M | $8.3M |
| Other long-term liabilities | $11.6M | $11.7M | $11.8M | $11.9M | $12.3M | $12.2M | $12.4M | $12.3M | $8.6M | $8.6M | $8.6M | $8.4M |
| Total liabilities | $37.8M | $35.4M | $32.7M | $31.1M | $29.7M | $28.8M | $27.3M | $23.1M | $19.2M | $14.1M | $12.8M | $20.3M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $335,000 | $333 | $327 | — | $237 | $217 | $3,203 | $2,000 | $3,045 | $2,825 | $2,418 | $2,013 |
| Retained earnings (deficit) | −$146.3M | −$143.2M | −$140.2M | −$136.3M | −$131.0M | −$126.2M | −$121.9M | −$117.3M | −$112.7M | −$107.8M | −$91.4M | −$84.1M |
| Accumulated other comprehensive income | — | — | $0 | — | $0 | — | $0 | — | — | $0 | $0 | $0 |
| Total shareholders' equity | −$6.38B | −$3.5M | −$773,850 | $1.6M | $5.7M | $9.4M | $11.8M | $16.4M | $20.2M | $25.1M | $41.2M | $16.4M |
| Key figures | ||||||||||||
| Total debt | $28.1M | $27.0M | $23.9M | $3.5M | $22.9M | $22.3M | $20.7M | $18.3M | $13.3M | $8.4M | $8.4M | $15.3M |
| Net cash (debt) | −$27.9M | −$26.6M | −$23.7M | −$3.1M | −$22.7M | −$21.9M | −$20.3M | −$17.7M | −$9.0M | −$3.3M | $4.2M | −$13.1M |
| Working capital | −$14.3M | −$11.7M | −$9.4M | −$7.4M | −$3.3M | $1.8M | $3.8M | $5.8M | $10.9M | $12.2M | $28.0M | $3.2M |
| Tangible book value | −$6.39B | −$15.9M | −$13.3M | −$11.0M | −$6.9M | −$3.3M | −$957,811 | $3.6M | $7.3M | $12.2M | $28.2M | $3.4M |
| Book value per share | −$1,945.02 | −$1.06 | −$0.28 | $0.71 | $2.56 | $4.44 | $5.65 | — | $9.76 | $12.18 | $20.79 | $11.94 |
| Shares outstanding | 3.3M | 3.3M | 2.8M | 2.2M | 2.2M | 2.1M | 2.1M | — | 2.1M | 2.1M | 2.0M | 1.4M |
| Current ratio | 0.38 | 0.42 | 0.47 | 0.53 | 0.76 | 1.16 | 1.41 | 1.82 | 2.54 | 3.23 | 7.75 | 1.27 |
| Quick ratio | 0.13 | 0.17 | 0.15 | 0.16 | 0.24 | 0.30 | 0.36 | 0.44 | 0.92 | 1.70 | 3.92 | 0.43 |
| Debt / equity | — | — | — | 2.18 | 4.00 | 2.38 | 1.75 | 1.11 | 0.66 | 0.33 | 0.20 | 0.93 |
| Equity / assets | −20,274.3% | −10.8% | −2.4% | 4.9% | 16.2% | 24.6% | 30.1% | 41.5% | 51.2% | 64.1% | 76.3% | 44.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 1, 2024); data from EODHD.
SNAX financial position
At the end of fiscal 2023 (December 31, 2023), Stryve Foods had total assets of $32.7 million (down 17.3% from a year earlier), total liabilities of $31.1 million and shareholders' equity of $1.6 million. It held $0.4 million in cash and short-term investments against $24.0 million of debt, net debt of $23.6 million. Its current ratio was 0.53. In the latest quarter (ended September 30, 2024) total assets were $31.5 million and equity -$6.4 billion.
Related: SNAX income statement, SNAX cash flow statement, SNAX key metrics. See the SNAX stock overview for the latest quote and news.
SNAX balance sheet FAQ
What are Stryve Foods's total assets?
Stryve Foods reported total assets of $32.7 million at the end of fiscal 2023 (December 31, 2023), compared with $39.6 million a year earlier.
How much debt does Stryve Foods have?
Stryve Foods had $24.0 million of total debt at the end of fiscal 2023, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 15.06.
How much cash does Stryve Foods have?
Stryve Foods held $0.4 million in cash and short-term investments at the end of fiscal 2023; with $24.0 million of debt that is net debt of $23.6 million.
What is Stryve Foods's book value?
Stryve Foods's shareholders' equity (book value) was $1.6 million at the end of fiscal 2023, or $0.72 per share.
What is Stryve Foods's current ratio?
Stryve Foods had current assets of $8.4 million and current liabilities of $15.8 million, a current ratio of 0.53 (current liabilities exceed current assets).
How much goodwill does Stryve Foods have?
Stryve Foods carried $12.6 million of goodwill and intangible assets, 38.4% of total assets, at the end of fiscal 2023.