SMART Global Holdings Balance Sheet Health
Financial Health criteria checks 2/6
SMART Global Holdings has a total shareholder equity of $411.5M and total debt of $740.7M, which brings its debt-to-equity ratio to 180%. Its total assets and total liabilities are $1.5B and $1.1B respectively. SMART Global Holdings's EBIT is $44.9M making its interest coverage ratio 1.3. It has cash and short-term investments of $465.8M.
Key information
180.0%
Debt to equity ratio
US$740.66m
Debt
Interest coverage ratio | 1.3x |
Cash | US$465.77m |
Equity | US$411.50m |
Total liabilities | US$1.11b |
Total assets | US$1.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 850's short term assets ($884.7M) exceed its short term liabilities ($268.0M).
Long Term Liabilities: 850's short term assets ($884.7M) exceed its long term liabilities ($838.0M).
Debt to Equity History and Analysis
Debt Level: 850's net debt to equity ratio (66.8%) is considered high.
Reducing Debt: 850's debt to equity ratio has increased from 83.6% to 180% over the past 5 years.
Debt Coverage: 850's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: 850's interest payments on its debt are not well covered by EBIT (1.3x coverage).