STMicroelectronics Balance Sheet Health
Financial Health criteria checks 6/6
STMicroelectronics has a total shareholder equity of $16.9B and total debt of $2.9B, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are $24.5B and $7.6B respectively. STMicroelectronics's EBIT is $4.6B making its interest coverage ratio -27. It has cash and short-term investments of $6.1B.
Key information
17.0%
Debt to equity ratio
US$2.86b
Debt
Interest coverage ratio | -27x |
Cash | US$6.08b |
Equity | US$16.85b |
Total liabilities | US$7.60b |
Total assets | US$24.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STMMIM's short term assets ($11.8B) exceed its short term liabilities ($3.7B).
Long Term Liabilities: STMMIM's short term assets ($11.8B) exceed its long term liabilities ($3.9B).
Debt to Equity History and Analysis
Debt Level: STMMIM has more cash than its total debt.
Reducing Debt: STMMIM's debt to equity ratio has reduced from 26.7% to 17% over the past 5 years.
Debt Coverage: STMMIM's debt is well covered by operating cash flow (209.4%).
Interest Coverage: STMMIM earns more interest than it pays, so coverage of interest payments is not a concern.