Smiths Group Balance Sheet Health
Financial Health criteria checks 6/6
Smiths Group has a total shareholder equity of £2.3B and total debt of £549.0M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are £4.2B and £2.0B respectively. Smiths Group's EBIT is £446.0M making its interest coverage ratio 11.7. It has cash and short-term investments of £459.0M.
Key information
24.4%
Debt to equity ratio
UK£549.00m
Debt
| Interest coverage ratio | 11.7x |
| Cash | UK£459.00m |
| Equity | UK£2.25b |
| Total liabilities | UK£1.98b |
| Total assets | UK£4.23b |
Recent financial health updates
Recent updates
With EPS Growth And More, Smiths Group (LON:SMIN) Makes An Interesting Case
Dec 03
Is Smiths Group (LON:SMIN) Using Too Much Debt?
Oct 31Smiths Group (LON:SMIN) Is Paying Out A Larger Dividend Than Last Year
Oct 11Smiths Group (LON:SMIN) Is Increasing Its Dividend To £0.302
Sep 27Smiths Group plc (LON:SMIN) Shares Could Be 36% Below Their Intrinsic Value Estimate
Jul 27Smiths Group plc's (LON:SMIN) Business Is Yet to Catch Up With Its Share Price
Jul 05Is There An Opportunity With Smiths Group plc's (LON:SMIN) 38% Undervaluation?
Apr 25The Smiths Group plc (LON:SMIN) Interim Results Are Out And Analysts Have Published New Forecasts
Mar 29We Ran A Stock Scan For Earnings Growth And Smiths Group (LON:SMIN) Passed With Ease
Mar 06Smiths Group plc's (LON:SMIN) Price Is Out Of Tune With Revenues
Jan 21Estimating The Fair Value Of Smiths Group plc (LON:SMIN)
Jan 03Financial Position Analysis
Short Term Liabilities: SMIN's short term assets (£2.0B) exceed its short term liabilities (£947.0M).
Long Term Liabilities: SMIN's short term assets (£2.0B) exceed its long term liabilities (£1.0B).
Debt to Equity History and Analysis
Debt Level: SMIN's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: SMIN's debt to equity ratio has reduced from 63.4% to 24.4% over the past 5 years.
Debt Coverage: SMIN's debt is well covered by operating cash flow (76.1%).
Interest Coverage: SMIN's interest payments on its debt are well covered by EBIT (11.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 08:49 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/07/31 |
| Annual Earnings | 2024/07/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Smiths Group plc is covered by 38 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Larkam | Arden Partners Plc. |
| Jonathan Hurn | Barclays |
| Joseph Campbell | Barclays |