Semiconductor Manufacturing International Balance Sheet Health
Financial Health criteria checks 6/6
Semiconductor Manufacturing International has a total shareholder equity of $31.4B and total debt of $10.4B, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are $47.2B and $15.8B respectively. Semiconductor Manufacturing International's EBIT is $129.9M making its interest coverage ratio -0.4. It has cash and short-term investments of $6.8B.
Key information
33.0%
Debt to equity ratio
US$10.36b
Debt
| Interest coverage ratio | -0.4x |
| Cash | US$6.75b |
| Equity | US$31.43b |
| Total liabilities | US$15.79b |
| Total assets | US$47.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MKN2's short term assets ($11.0B) exceed its short term liabilities ($7.0B).
Long Term Liabilities: MKN2's short term assets ($11.0B) exceed its long term liabilities ($8.8B).
Debt to Equity History and Analysis
Debt Level: MKN2's net debt to equity ratio (11.5%) is considered satisfactory.
Reducing Debt: MKN2's debt to equity ratio has reduced from 44% to 33% over the past 5 years.
Debt Coverage: MKN2's debt is well covered by operating cash flow (25.9%).
Interest Coverage: MKN2 earns more interest than it pays, so coverage of interest payments is not a concern.