Sanmina Balance Sheet Health
Financial Health criteria checks 6/6
Sanmina has a total shareholder equity of $2.3B and total debt of $325.6M, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are $4.6B and $2.3B respectively. Sanmina's EBIT is $422.4M making its interest coverage ratio 19.5. It has cash and short-term investments of $631.6M.
Key information
14.3%
Debt to equity ratio
US$325.61m
Debt
Interest coverage ratio | 19.5x |
Cash | US$631.59m |
Equity | US$2.27b |
Total liabilities | US$2.34b |
Total assets | US$4.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAYN's short term assets ($3.6B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: SAYN's short term assets ($3.6B) exceed its long term liabilities ($522.2M).
Debt to Equity History and Analysis
Debt Level: SAYN has more cash than its total debt.
Reducing Debt: SAYN's debt to equity ratio has reduced from 47.1% to 14.3% over the past 5 years.
Debt Coverage: SAYN's debt is well covered by operating cash flow (99.5%).
Interest Coverage: SAYN's interest payments on its debt are well covered by EBIT (19.5x coverage).