SMC Balance Sheet Health
Financial Health criteria checks 5/6
SMC has a total shareholder equity of ¥1,885.9B and total debt of ¥13.1B, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ¥2,094.6B and ¥208.7B respectively. SMC's EBIT is ¥196.2B making its interest coverage ratio -10.7. It has cash and short-term investments of ¥511.3B.
Key information
0.7%
Debt to equity ratio
JP¥13.07b
Debt
Interest coverage ratio | -10.7x |
Cash | JP¥511.29b |
Equity | JP¥1.89t |
Total liabilities | JP¥208.69b |
Total assets | JP¥2.09t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QMC0's short term assets (¥1,308.0B) exceed its short term liabilities (¥164.6B).
Long Term Liabilities: QMC0's short term assets (¥1,308.0B) exceed its long term liabilities (¥44.1B).
Debt to Equity History and Analysis
Debt Level: QMC0 has more cash than its total debt.
Reducing Debt: QMC0's debt to equity ratio has increased from 0.6% to 0.7% over the past 5 years.
Debt Coverage: QMC0's debt is well covered by operating cash flow (751.4%).
Interest Coverage: QMC0 earns more interest than it pays, so coverage of interest payments is not a concern.