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 $5.1B and total debt of $4.8B, which brings its debt-to-equity ratio to 93.9%. Its total assets and total liabilities are $11.3B and $6.2B respectively. Sociedad Química y Minera de Chile's EBIT is $1.2B making its interest coverage ratio 14. It has cash and short-term investments of $2.6B.
Key information
93.9%
Debt to equity ratio
US$4.81b
Debt
| Interest coverage ratio | 14x |
| Cash | US$2.56b |
| Equity | US$5.12b |
| Total liabilities | US$6.17b |
| Total assets | US$11.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SQMBCO's short term assets ($5.6B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: SQMBCO's short term assets ($5.6B) exceed its long term liabilities ($4.3B).
Debt to Equity History and Analysis
Debt Level: SQMBCO's net debt to equity ratio (43.9%) is considered high.
Reducing Debt: SQMBCO's debt to equity ratio has increased from 83.3% to 93.9% over the past 5 years.
Debt Coverage: SQMBCO's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: SQMBCO's interest payments on its debt are well covered by EBIT (14x coverage).