SMCP Balance Sheet Health
Financial Health criteria checks 4/6
SMCP has a total shareholder equity of €1.2B and total debt of €339.8M, which brings its debt-to-equity ratio to 28.5%. Its total assets and total liabilities are €2.3B and €1.2B respectively. SMCP's EBIT is €96.4M making its interest coverage ratio 4.1. It has cash and short-term investments of €33.8M.
Key information
28.5%
Debt to equity ratio
€339.80m
Debt
Interest coverage ratio | 4.1x |
Cash | €33.80m |
Equity | €1.19b |
Total liabilities | €1.15b |
Total assets | €2.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMCPP's short term assets (€464.1M) do not cover its short term liabilities (€590.4M).
Long Term Liabilities: SMCPP's short term assets (€464.1M) do not cover its long term liabilities (€561.6M).
Debt to Equity History and Analysis
Debt Level: SMCPP's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: SMCPP's debt to equity ratio has reduced from 29.2% to 28.5% over the past 5 years.
Debt Coverage: SMCPP's debt is well covered by operating cash flow (62.2%).
Interest Coverage: SMCPP's interest payments on its debt are well covered by EBIT (4.1x coverage).