To the full analysis
Snap-on stock: balance sheet and debt
SNASnap-on has a debt to equity ratio of 0.22 and an interest coverage of 26.6x.
Daily figure as of 13 Nov 2026
Debt / Equity
0.22
Interest coverage
26.6x
Current ratio
4.79
Cash & equivalents
$1.62B
Total assets
$8.41B
Equity ratio
70.8%
Goodwill
$1.11B
Plus intangible assets of $270.7M
Net debt
−$298.3M
More cash than debt
Total assets and equity ratio
How large the balance sheet of Snap-on Incorporated is, how much of it is equity and how much is goodwill from acquisitions.
Equity ratio
Figures as a table
| Year | Total assets | Goodwill and intangible assets | of which goodwill | Equity ratio | Net debt |
|---|---|---|---|---|---|
| 2006 | $2.65B | $1.03B | $776.1M | 40.5% | $485.8M |
| 2007 | $2.77B | $1.05B | $818.8M | 46.3% | $424.9M |
| 2008 | $2.71B | $1.02B | $801.8M | 43.8% | $399.6M |
| 2009 | $3.45B | $1.02B | $814.3M | 37.9% | $367.4M |
| 2010 | $3.73B | $991.2M | $798.4M | 37.7% | $598.6M |
| 2011 | $3.67B | $984.1M | $795.8M | 42.1% | $798.5M |
| 2012 | $3.9B | $994.6M | $807.4M | 46.6% | $761.1M |
| 2013 | $4.11B | $1.03B | $838.8M | 51.8% | $754.4M |
| 2014 | $4.31B | $1.01B | $810.7M | 51.6% | $786.4M |
| 2015 | $4.49B | $985.1M | $790.1M | 54.2% | $787.3M |
| 2016 | $4.72B | $1.08B | $895.5M | 55.8% | $932.6M |
| 2017 | $5.25B | $1.18B | $924.1M | 56.6% | $1.09B |
| 2018 | $5.37B | $1.14B | $902.2M | 58.0% | $991.4M |
| 2019 | $5.69B | $1.16B | $913.8M | 60.3% | $1.02B |
| 2020 | $6.56B | $1.24B | $982.4M | 58.7% | $580.5M |
| 2021 | $6.76B | $1.42B | $1.12B | 62.2% | $474.1M |
| 2022 | $6.97B | $1.32B | $1.05B | 64.6% | $507.9M |
| 2023 | $7.54B | $1.37B | $1.1B | 67.5% | $277.1M |
| 2024 | $7.9B | $1.32B | $1.06B | 68.6% | −$67.7M |
| 2025 | $8.41B | $1.38B | $1.11B | 70.8% | −$298.3M |
The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt.
Equity and debt
What the company owns and owes
- Cash & equivalents
- Equity
- Debt
Figures as a table
| Year | Cash & equivalents | Equity | Debt | Debt / Equity |
|---|---|---|---|---|
| 2006 | $63.4M | $1.08B | $549.2M | 0.51 |
| 2007 | $93M | $1.28B | $517.9M | 0.4 |
| 2008 | $115.8M | $1.19B | $515.4M | 0.43 |
| 2009 | $699.4M | $1.29B | $1.07B | 0.82 |
| 2010 | $572.2M | $1.39B | $1.17B | 0.83 |
| 2011 | $185.6M | $1.53B | $984.1M | 0.64 |
| 2012 | $214.5M | $1.8B | $975.6M | 0.54 |
| 2013 | $217.6M | $2.11B | $972M | 0.46 |
| 2014 | $132.9M | $2.21B | $919.3M | 0.41 |
| 2015 | $92.8M | $2.41B | $880.1M | 0.36 |
| 2016 | $77.6M | $2.62B | $1.01B | 0.38 |
| 2017 | $92M | $2.95B | $1.19B | 0.4 |
| 2018 | $140.9M | $3.1B | $1.13B | 0.36 |
| 2019 | $184.5M | $3.41B | $1.21B | 0.35 |
| 2020 | $923.4M | $3.82B | $1.5B | 0.39 |
| 2021 | $780M | $4.18B | $1.25B | 0.3 |
| 2022 | $757.2M | $4.48B | $1.27B | 0.28 |
| 2023 | $1B | $5.07B | $1.28B | 0.25 |
| 2024 | $1.36B | $5.39B | $1.29B | 0.24 |
| 2025 | $1.62B | $5.93B | $1.33B | 0.22 |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 3 Jan 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 30 Apr 2020)
- Valuation signal Undervalued since 13 Nov 2026, previously Fairly valued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.