SMA Solar Technology Balance Sheet Health
Financial Health criteria checks 6/6
SMA Solar Technology has a total shareholder equity of €715.3M and total debt of €22.9M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are €1.7B and €941.1M respectively. SMA Solar Technology's EBIT is €263.2M making its interest coverage ratio 137.1. It has cash and short-term investments of €226.4M.
Key information
3.2%
Debt to equity ratio
€22.89m
Debt
Interest coverage ratio | 137.1x |
Cash | €226.37m |
Equity | €715.27m |
Total liabilities | €941.06m |
Total assets | €1.66b |
Recent financial health updates
Here's Why SMA Solar Technology (ETR:S92) Can Manage Its Debt Responsibly
Feb 10SMA 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
SMA Solar Technology AG Just Missed Earnings - But Analysts Have Updated Their Models
May 11Should You Investigate SMA Solar Technology AG (ETR:S92) At €49.72?
May 03Shareholders 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 28Financial Position Analysis
Short Term Liabilities: S92's short term assets (€1.2B) exceed its short term liabilities (€659.3M).
Long Term Liabilities: S92's short term assets (€1.2B) exceed its long term liabilities (€281.8M).
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 10.3% to 3.2% over the past 5 years.
Debt Coverage: S92's debt is well covered by operating cash flow (140.1%).
Interest Coverage: S92's interest payments on its debt are well covered by EBIT (137.1x coverage).