Smith & Nephew Balance Sheet Health
Financial Health criteria checks 4/6
Smith & Nephew has a total shareholder equity of $5.2B and total debt of $2.9B, which brings its debt-to-equity ratio to 55.3%. Its total assets and total liabilities are $10.0B and $4.8B respectively. Smith & Nephew's EBIT is $682.0M making its interest coverage ratio 7. It has cash and short-term investments of $302.0M.
Key information
55.3%
Debt to equity ratio
US$2.89b
Debt
Interest coverage ratio | 7x |
Cash | US$302.00m |
Equity | US$5.22b |
Total liabilities | US$4.77b |
Total assets | US$9.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NPWA's short term assets ($4.0B) exceed its short term liabilities ($2.3B).
Long Term Liabilities: NPWA's short term assets ($4.0B) exceed its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: NPWA's net debt to equity ratio (49.5%) is considered high.
Reducing Debt: NPWA's debt to equity ratio has increased from 30.1% to 55.3% over the past 5 years.
Debt Coverage: NPWA's debt is well covered by operating cash flow (21.1%).
Interest Coverage: NPWA's interest payments on its debt are well covered by EBIT (7x coverage).