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.