Sanmina Balance Sheet Health
Financial Health criteria checks 6/6
Sanmina has a total shareholder equity of $2.4B and total debt of $317.3M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are $4.7B and $2.4B respectively. Sanmina's EBIT is $345.7M making its interest coverage ratio 20.6. It has cash and short-term investments of $625.9M.
Key information
13.4%
Debt to equity ratio
US$317.32m
Debt
| Interest coverage ratio | 20.6x |
| Cash | US$625.86m |
| Equity | US$2.36b |
| Total liabilities | US$2.35b |
| Total assets | US$4.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAYN's short term assets ($3.8B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: SAYN's short term assets ($3.8B) exceed its long term liabilities ($520.7M).
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 23.5% to 13.4% over the past 5 years.
Debt Coverage: SAYN's debt is well covered by operating cash flow (107.2%).
Interest Coverage: SAYN's interest payments on its debt are well covered by EBIT (20.6x coverage).