SMA Solar Technology Balance Sheet Health
Financial Health criteria checks 6/6
SMA Solar Technology has a total shareholder equity of €686.2M and total debt of €6.4M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are €1.6B and €935.7M respectively. SMA Solar Technology's EBIT is €275.4M making its interest coverage ratio 363.8. It has cash and short-term investments of €267.0M.
Key information
0.9%
Debt to equity ratio
€6.45m
Debt
| Interest coverage ratio | 363.8x |
| Cash | €266.99m |
| Equity | €686.18m |
| Total liabilities | €935.73m |
| Total assets | €1.62b |
Recent financial health updates
Here's Why SMA Solar Technology (ETR:S92) Can Manage Its Debt Responsibly
Feb 10
SMA Solar Technology (ETR:S92) Has A Pretty Healthy Balance Sheet
Oct 23Here's Why SMA Solar Technology (ETR:S92) Can Manage Its Debt Responsibly
Jul 08Is SMA Solar Technology (ETR:S92) Using Too Much Debt?
Apr 01Does SMA Solar Technology (ETR:S92) Have A Healthy Balance Sheet?
Sep 09Does SMA Solar Technology (ETR:S92) Have A Healthy Balance Sheet?
Jun 08Recent updates
Shareholders Would Enjoy A Repeat Of SMA Solar Technology's (ETR:S92) Recent Growth In Returns
Apr 18Additional Considerations Required While Assessing SMA Solar Technology's (ETR:S92) Strong Earnings
Apr 05Earnings Update: SMA Solar Technology AG (ETR:S92) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts
Mar 30Investors Continue Waiting On Sidelines For SMA Solar Technology AG (ETR:S92)
Mar 10Here's Why SMA Solar Technology (ETR:S92) Can Manage Its Debt Responsibly
Feb 10Is Now An Opportune Moment To Examine SMA Solar Technology AG (ETR:S92)?
Jan 25Investors Shouldn't Overlook SMA Solar Technology's (ETR:S92) Impressive Returns On Capital
Jan 10SMA Solar Technology AG's (ETR:S92) Intrinsic Value Is Potentially 42% Above Its Share Price
Dec 15SMA Solar Technology (ETR:S92) Has A Pretty Healthy Balance Sheet
Oct 23When Should You Buy SMA Solar Technology AG (ETR:S92)?
Sep 06There's Been No Shortage Of Growth Recently For SMA Solar Technology's (ETR:S92) Returns On Capital
Jul 29Here's Why SMA Solar Technology (ETR:S92) Can Manage Its Debt Responsibly
Jul 08Are Investors Undervaluing SMA Solar Technology AG (ETR:S92) By 36%?
Jun 06Is It Too Late To Consider Buying SMA Solar Technology AG (ETR:S92)?
May 22SMA Solar Technology's (ETR:S92) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Apr 19Is SMA Solar Technology (ETR:S92) Using Too Much Debt?
Apr 01Is SMA Solar Technology AG (ETR:S92) Trading At A 45% Discount?
Jan 12Does SMA Solar Technology (ETR:S92) Have A Healthy Balance Sheet?
Sep 09Is It Too Late To Consider Buying SMA Solar Technology AG (ETR:S92)?
Aug 14Does SMA Solar Technology (ETR:S92) Have A Healthy Balance Sheet?
Jun 08Why SMA Solar Technology AG (ETR:S92) Could Be Worth Watching
Feb 21Here's Why I Think SMA Solar Technology (ETR:S92) Is An Interesting Stock
Dec 08Is Now An Opportune Moment To Examine SMA Solar Technology AG (ETR:S92)?
Nov 21Is SMA Solar Technology (ETR:S92) Using Debt Sensibly?
Nov 02Here's Why I Think SMA Solar Technology (ETR:S92) Is An Interesting Stock
Sep 08What Does SMA Solar Technology AG's (ETR:S92) Share Price Indicate?
Aug 21Is SMA Solar Technology (ETR:S92) Using Debt In A Risky Way?
Aug 03Is Now The Time To Put SMA Solar Technology (ETR:S92) On Your Watchlist?
May 28At €45.06, Is It Time To Put SMA Solar Technology AG (ETR:S92) On Your Watch List?
May 10Financial Position Analysis
Short Term Liabilities: S92's short term assets (€1.2B) exceed its short term liabilities (€652.4M).
Long Term Liabilities: S92's short term assets (€1.2B) exceed its long term liabilities (€283.4M).
Debt to Equity History and Analysis
Debt Level: S92 has more cash than its total debt.
Reducing Debt: S92's debt to equity ratio has reduced from 4.2% to 0.9% over the past 5 years.
Debt Coverage: S92's debt is well covered by operating cash flow (2183.3%).
Interest Coverage: S92's interest payments on its debt are well covered by EBIT (363.8x coverage).