Sociedad Química y Minera de Chile Balance Sheet Health
Financial Health criteria checks 3/6
Sociedad Química y Minera de Chile has a total shareholder equity of $4.7B and total debt of $4.4B, which brings its debt-to-equity ratio to 94.6%. Its total assets and total liabilities are $10.6B and $5.9B respectively. Sociedad Química y Minera de Chile's EBIT is $2.2B making its interest coverage ratio 70.1. It has cash and short-term investments of $2.3B.
Key information
94.6%
Debt to equity ratio
US$4.43b
Debt
| Interest coverage ratio | 70.1x |
| Cash | US$2.25b |
| Equity | US$4.69b |
| Total liabilities | US$5.90b |
| Total assets | US$10.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SQM-B's short term assets ($5.6B) exceed its short term liabilities ($2.4B).
Long Term Liabilities: SQM-B's short term assets ($5.6B) exceed its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: SQM-B's net debt to equity ratio (46.5%) is considered high.
Reducing Debt: SQM-B's debt to equity ratio has increased from 63.8% to 94.6% over the past 5 years.
Debt Coverage: SQM-B's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: SQM-B's interest payments on its debt are well covered by EBIT (70.1x coverage).