Company name:

YETI Holdings Inc

  • IPO SHARE PRICE:
    $18.00
  • IPO DATE:
    25 October 2018
  • TICKER:
    YETI
  • MAIN STOCK EXCHANGE:
    NYSE
  • CURRENT HQ LOCATION:
    7601 Southwest Parkway Austin Texas 78735
  • FISCAL YEAR END:
    December 28
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

YETI Holdings Inc

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Balance Sheet

Quarterly Annual
(USD in thousand)
33.0% 10.0% 18.9%
Selected Year:
26-Sep
2020
Current Assets
Most valuable part of Current Assets is Cash and Marketable Securities which should be watched carefully; at the same time high and growing level of Accounts Receivables is very dangerous sign
63.8%
33.0% —

Cash and cash equivalents

18.9% —

Inventory

10.0% —

Accounts Receivable

2.0% —

Prepaid expenses and other current assets

Liquidity
Selected Year:
The most liquid asset, however, most companies don't keep much of it and invest excess cash into marketable securities such as Government bonds - in the US - Treasuries
Cash and cash equivalents
$45,679
 $80,051 $80,051 $72,515 $234,813
Accounts Receivable
$45,679
 59,328 59,328 82,688 71,189
Inventory
$45,679
 145,423 145,423 185,700 134,632
Prepaid expenses and other current assets
$45,679
 12,211 12,211 19,644 14,069
Total current assets
$45,679
 $297,013 $297,013 $360,547 $454,703
10.6% 4.9% 12.9% 7.6%
Selected Year:
26-Sep
2020
Non-Current Assets
Non-current assets characterize company's business: high Property, Plant, and Equipment means that company is in capital-intensive industry which typically is very cyclical (earnings fluctuate a lot); watch out for high level of Goodwill and other non-intangibles which is bad sign as they typically worth very low relative to their value shown on the balance sheet
36.2%
12.9% —

Intangible assets

10.6% —

Property and equipment net

7.6% —

Goodwill

4.9% —

Operating lease - right-of-use assets

0.2% —

Deferred tax assets

0.1% —

Deferred charges and other assets
Selected Year:
Property and equipment net
45,679
 74,097 74,097 82,610 75,355
Operating lease - right-of-use assets
-
 - - 37,768 34,652
Deferred tax assets
45,679
 7,777 7,777 1,082 1,114
Deferred charges and other assets
45,679
 1,014 1,014 2,389 883
Intangible assets
45,679
 80,019 80,019 90,850 91,572
Goodwill
45,679
 54,293 54,293 54,293 54,293
Total non-current assets
45,679
 217,200 217,200 268,992 257,869
Total assets
45,679
 $514,213 $514,213 $629,539 $712,572
7.9% 14.3% 30.3% 5.3% 44.6%
Selected Year:
26-Sep
2020
Current Liabilities
Current Liabilities represent company's short-term dues to others. The most important part to watch for is short-term debt and accounts payables
30.8%
14.3% —

Accounts payable

7.9% —

Accrued expenses and other current liabilities

2.9% —

Current maturities of long-term debt

2.5% —

Accrued employee compensation and benefits

2.0% —

Taxes payable

1.2% —

Current portion of Operating leases
Selected Year:
Accounts payable
$45,679
 $68,737 $68,737 $83,823 $101,850
Taxes payable
$45,679
 6,390 6,390 3,329 14,333
Accrued employee compensation and benefits
$45,679
 15,551 15,551 18,119 17,735
Accrued expenses and other current liabilities
$45,679
 53,022 53,022 42,088 56,390
Current maturities of long-term debt
$45,679
 43,638 43,638 15,185 20,819
Current portion of Operating leases
-
 - - 7,768 8,425
Total current liabilities
$45,679
 $187,338 $187,338 $170,312 $219,552
Selected Year:
26-Sep
2020
Non-Current Liabilities
The most critical items are revolving credit facility, term loans, and then notes - any forms of debt; in addition, pay attention to items like pension liabilites and leases- hidden debt
37.9%
30.3% —

Long-term debt

5.3% —

Operating leases

2.4% —

Other non-current liabilities
Selected Year:
Long-term debt
$45,679
 284,376 284,376 281,715 215,823
Operating leases
-
 - - 42,200 37,679
Other non-current liabilities
$45,679
 13,528 13,528 13,307 16,885
Total long-term liabilities
$45,679
 $297,904 $297,904 $337,222 $270,387
Total Liabilities
$45,679
 $485,242 $485,242 $507,534 $489,939
Selected Year:
26-Sep
2020
Equity
It's residue that is owned by shareholders after satisfying all of the liabilities with all of the assets; the larger the amount, the better the business is
31.2%
44.6% —

Additional paid-in capital

0.1% —

Common stock
Selected Year:
Preferred Stock
$45,679
 - - - -
Common stock
$45,679
 842 842 868 871
Accumulated deficit
$45,679
 (240,104) (240,104) (189,545) (96,138)
Additional paid-in capital
$45,679
 268,327 268,327 310,678 317,996
Accumulated other comprehensive income
-
 - - 4 -
Accumulated other comprehensive (loss) income
$45,679
 (94) - 4 (96)
Accumulated other comprehensive loss
-
 - (94) - -
Total Equity
$45,679
 $28,971 $28,971 $122,005 $222,633
Total Liabilities and Equity
$45,679
 $514,213 $514,213 $629,539 $712,572