SMA Solar Technology Balance Sheet Health
Financial Health criteria checks 4/6
SMA Solar Technology has a total shareholder equity of €703.3M and total debt of €180.0M, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are €1.7B and €978.2M respectively. SMA Solar Technology's EBIT is €119.8M making its interest coverage ratio 19.8. It has cash and short-term investments of €177.0M.
Key information
25.6%
Debt to equity ratio
€180.03m
Debt
| Interest coverage ratio | 19.8x |
| Cash | €176.96m |
| Equity | €703.34m |
| Total liabilities | €978.21m |
| Total assets | €1.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S92D's short term assets (€1.2B) exceed its short term liabilities (€705.9M).
Long Term Liabilities: S92D's short term assets (€1.2B) exceed its long term liabilities (€272.3M).
Debt to Equity History and Analysis
Debt Level: S92D's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: S92D's debt to equity ratio has increased from 9% to 25.6% over the past 5 years.
Debt Coverage: S92D's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: S92D's interest payments on its debt are well covered by EBIT (19.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 14:46 |
| End of Day Share Price | 2024/10/21 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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
SMA Solar Technology AG is covered by 29 analysts. 5 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 |
|---|---|
| James Fontanelli | Arete Research Services LLP |
| Rupesh Madlani | Barclays |
| Lasse Stueben | Berenberg |