STMicroelectronics Balance Sheet Health
Financial Health criteria checks 6/6
STMicroelectronics has a total shareholder equity of $17.2B and total debt of $3.1B, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are $25.0B and $7.8B respectively. STMicroelectronics's EBIT is $4.1B making its interest coverage ratio 89.5. It has cash and short-term investments of $6.2B.
Key information
17.7%
Debt to equity ratio
US$3.05b
Debt
Interest coverage ratio | 89.5x |
Cash | US$6.24b |
Equity | US$17.20b |
Total liabilities | US$7.77b |
Total assets | US$24.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGM's short term assets ($11.9B) exceed its short term liabilities ($3.6B).
Long Term Liabilities: SGM's short term assets ($11.9B) exceed its long term liabilities ($4.2B).
Debt to Equity History and Analysis
Debt Level: SGM has more cash than its total debt.
Reducing Debt: SGM's debt to equity ratio has reduced from 33.1% to 17.7% over the past 5 years.
Debt Coverage: SGM's debt is well covered by operating cash flow (193.5%).
Interest Coverage: SGM's interest payments on its debt are well covered by EBIT (89.5x coverage).