SMC Electric Balance Sheet Health
Financial Health criteria checks 6/6
SMC Electric has a total shareholder equity of HK$142.1M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$196.4M and HK$54.3M respectively. SMC Electric's EBIT is HK$17.1M making its interest coverage ratio -7.5. It has cash and short-term investments of HK$90.3M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -7.5x |
| Cash | HK$90.32m |
| Equity | HK$142.11m |
| Total liabilities | HK$54.28m |
| Total assets | HK$196.40m |
Recent financial health updates
No updates
Recent updates
SMC Electric (HKG:2381) Is Finding It Tricky To Allocate Its Capital
Jun 17
There May Be Reason For Hope In SMC Electric's (HKG:2381) Disappointing Earnings
May 03The Returns On Capital At SMC Electric (HKG:2381) Don't Inspire Confidence
Nov 29Returns On Capital At SMC Electric (HKG:2381) Paint A Concerning Picture
Jun 01SMC Electric (HKG:2381) May Have Issues Allocating Its Capital
Dec 13Investors Could Be Concerned With SMC Electric's (HKG:2381) Returns On Capital
Aug 23There Are Reasons To Feel Uneasy About SMC Electric's (HKG:2381) Returns On Capital
Apr 05Here's What's Concerning About SMC Electric's (HKG:2381) Returns On Capital
Sep 14Are SMC Electric's (HKG:2381) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 08
Declining Stock and Solid Fundamentals: Is The Market Wrong About SMC Electric Limited (HKG:2381)?
Dec 17Financial Position Analysis
Short Term Liabilities: 2381's short term assets (HK$188.0M) exceed its short term liabilities (HK$54.0M).
Long Term Liabilities: 2381's short term assets (HK$188.0M) exceed its long term liabilities (HK$267.0K).
Debt to Equity History and Analysis
Debt Level: 2381 is debt free.
Reducing Debt: 2381 has no debt compared to 5 years ago when its debt to equity ratio was 19.8%.
Debt Coverage: 2381 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2381 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 09:38 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/06/30 |
| 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
SMC Electric Limited is covered by 0 analysts. 0 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 |
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