SMA Solar Technology Balance Sheet Health
Financial Health criteria checks 6/6
SMA Solar Technology has a total shareholder equity of €715.3M and total debt of €22.9M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are €1.7B and €941.1M respectively. SMA Solar Technology's EBIT is €263.2M making its interest coverage ratio 137.1. It has cash and short-term investments of €226.4M.
Key information
3.2%
Debt to equity ratio
€22.89m
Debt
Interest coverage ratio | 137.1x |
Cash | €226.37m |
Equity | €715.27m |
Total liabilities | €941.06m |
Total assets | €1.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S92's short term assets (€1.2B) exceed its short term liabilities (€659.3M).
Long Term Liabilities: S92's short term assets (€1.2B) exceed its long term liabilities (€281.8M).
Debt to Equity History and Analysis
Debt Level: S92 has more cash than its total debt.
Reducing Debt: S92's debt to equity ratio has reduced from 10.3% to 3.2% over the past 5 years.
Debt Coverage: S92's debt is well covered by operating cash flow (140.1%).
Interest Coverage: S92's interest payments on its debt are well covered by EBIT (137.1x coverage).