STMicroelectronics Balance Sheet Health
Financial Health criteria checks 6/6
STMicroelectronics has a total shareholder equity of $17.2B and total debt of $3.1B, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are $25.0B and $7.8B respectively. STMicroelectronics's EBIT is $4.1B making its interest coverage ratio 89.5. It has cash and short-term investments of $6.2B.
Key information
17.7%
Debt to equity ratio
US$3.05b
Debt
Interest coverage ratio | 89.5x |
Cash | US$6.24b |
Equity | US$17.20b |
Total liabilities | US$7.77b |
Total assets | US$24.97b |
Recent financial health updates
We Think STMicroelectronics (EPA:STMPA) Can Stay On Top Of Its Debt
Mar 13STMicroelectronics (EPA:STMPA) Seems To Use Debt Quite Sensibly
Dec 03Recent updates
Need To Know: Analysts Just Made A Substantial Cut To Their STMicroelectronics N.V. (EPA:STMPA) Estimates
May 01Earnings Update: STMicroelectronics N.V. (EPA:STMPA) Just Reported And Analysts Are Trimming Their Forecasts
Apr 28Returns On Capital Are A Standout For STMicroelectronics (EPA:STMPA)
Apr 09Are Investors Undervaluing STMicroelectronics N.V. (EPA:STMPA) By 32%?
Mar 27We Think STMicroelectronics (EPA:STMPA) Can Stay On Top Of Its Debt
Mar 13Analysts Are Updating Their STMicroelectronics N.V. (EPA:STMPA) Estimates After Its Full-Year Results
Jan 28Improved Earnings Required Before STMicroelectronics N.V. (EPA:STMPA) Shares Find Their Feet
Jan 15Is It Time To Consider Buying STMicroelectronics N.V. (EPA:STMPA)?
Dec 31A Look At The Fair Value Of STMicroelectronics N.V. (EPA:STMPA)
Dec 17STMicroelectronics (EPA:STMPA) Seems To Use Debt Quite Sensibly
Dec 03Why We Like The Returns At STMicroelectronics (EPA:STMPA)
Oct 23Financial Position Analysis
Short Term Liabilities: STMPA's short term assets ($11.9B) exceed its short term liabilities ($3.6B).
Long Term Liabilities: STMPA's short term assets ($11.9B) exceed its long term liabilities ($4.2B).
Debt to Equity History and Analysis
Debt Level: STMPA has more cash than its total debt.
Reducing Debt: STMPA's debt to equity ratio has reduced from 33.1% to 17.7% over the past 5 years.
Debt Coverage: STMPA's debt is well covered by operating cash flow (193.5%).
Interest Coverage: STMPA's interest payments on its debt are well covered by EBIT (89.5x coverage).