SMA Solar Technology Balance Sheet Health
Financial Health criteria checks 4/6
SMA Solar Technology has a total shareholder equity of €703.3M and total debt of €180.0M, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are €1.7B and €978.2M respectively. SMA Solar Technology's EBIT is €119.8M making its interest coverage ratio 19.8. It has cash and short-term investments of €177.0M.
Key information
25.6%
Debt to equity ratio
€180.03m
Debt
| Interest coverage ratio | 19.8x |
| Cash | €176.96m |
| Equity | €703.34m |
| Total liabilities | €978.21m |
| Total assets | €1.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S92's short term assets (€1.2B) exceed its short term liabilities (€705.9M).
Long Term Liabilities: S92's short term assets (€1.2B) exceed its long term liabilities (€272.3M).
Debt to Equity History and Analysis
Debt Level: S92's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: S92's debt to equity ratio has increased from 9% to 25.6% over the past 5 years.
Debt Coverage: S92's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: S92's interest payments on its debt are well covered by EBIT (19.8x coverage).