SMA Solar Technology Balance Sheet Health
Financial Health criteria checks 4/6
SMA Solar Technology has a total shareholder equity of €714.6M and total debt of €128.7M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are €1.7B and €962.9M respectively. SMA Solar Technology's EBIT is €225.5M making its interest coverage ratio 364.3. It has cash and short-term investments of €166.4M.
Key information
18.0%
Debt to equity ratio
€128.67m
Debt
| Interest coverage ratio | 364.3x |
| Cash | €166.40m |
| Equity | €714.55m |
| Total liabilities | €962.94m |
| Total assets | €1.68b |
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 (€687.8M).
Long Term Liabilities: S92's short term assets (€1.2B) exceed its long term liabilities (€275.2M).
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 increased from 4.6% to 18% over the past 5 years.
Debt Coverage: S92's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: S92's interest payments on its debt are well covered by EBIT (364.3x coverage).