Semiconductor Manufacturing International Balance Sheet Health
Financial Health criteria checks 6/6
Semiconductor Manufacturing International has a total shareholder equity of $30.8B and total debt of $10.3B, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are $48.2B and $17.3B respectively. Semiconductor Manufacturing International's EBIT is $39.6M making its interest coverage ratio -0.1. It has cash and short-term investments of $8.7B.
Key information
33.3%
Debt to equity ratio
US$10.27b
Debt
| Interest coverage ratio | -0.08x |
| Cash | US$8.68b |
| Equity | US$30.83b |
| Total liabilities | US$17.34b |
| Total assets | US$48.17b |
Recent financial health updates
We Think Semiconductor Manufacturing International (HKG:981) Is Taking Some Risk With Its Debt
Mar 22
Is Semiconductor Manufacturing International (HKG:981) Using Too Much Debt?
Oct 31Is Semiconductor Manufacturing International (HKG:981) Using Too Much Debt?
Aug 02Is Semiconductor Manufacturing International (HKG:981) Using Too Much Debt?
Apr 18Semiconductor Manufacturing International (HKG:981) Has A Pretty Healthy Balance Sheet
Dec 24Is Semiconductor Manufacturing International (HKG:981) A Risky Investment?
Sep 05Recent updates
Earnings Not Telling The Story For Semiconductor Manufacturing International Corporation (HKG:981)
Apr 25Semiconductor Manufacturing International's (HKG:981) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 04We Think Semiconductor Manufacturing International (HKG:981) Is Taking Some Risk With Its Debt
Mar 22Returns On Capital At Semiconductor Manufacturing International (HKG:981) Have Stalled
Feb 12Risks Still Elevated At These Prices As Semiconductor Manufacturing International Corporation (HKG:981) Shares Dive 26%
Jan 22Estimating The Intrinsic Value Of Semiconductor Manufacturing International Corporation (HKG:981)
Nov 30Is Semiconductor Manufacturing International (HKG:981) Using Too Much Debt?
Oct 31There's Been No Shortage Of Growth Recently For Semiconductor Manufacturing International's (HKG:981) Returns On Capital
Oct 09Is Semiconductor Manufacturing International (HKG:981) Using Too Much Debt?
Aug 02Estimating The Intrinsic Value Of Semiconductor Manufacturing International Corporation (HKG:981)
Jul 15Semiconductor Manufacturing International (HKG:981) Might Have The Makings Of A Multi-Bagger
Jun 26Is Semiconductor Manufacturing International (HKG:981) Using Too Much Debt?
Apr 18Semiconductor Manufacturing International (HKG:981) Is Experiencing Growth In Returns On Capital
Mar 28Semiconductor Manufacturing International Corporation (HKG:981) Analysts Are More Bearish Than They Used To Be
Feb 14Calculating The Fair Value Of Semiconductor Manufacturing International Corporation (HKG:981)
Jan 10Semiconductor Manufacturing International (HKG:981) Has A Pretty Healthy Balance Sheet
Dec 24Semiconductor Manufacturing International (HKG:981) Shareholders Will Want The ROCE Trajectory To Continue
Dec 03Is Semiconductor Manufacturing International (HKG:981) A Risky Investment?
Sep 05Returns On Capital At Semiconductor Manufacturing International (HKG:981) Have Stalled
Aug 08Is Semiconductor Manufacturing International (HKG:981) A Risky Investment?
Jun 06Results: Semiconductor Manufacturing International Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
May 16Here's What's Concerning About Semiconductor Manufacturing International's (HKG:981) Returns On Capital
Apr 28Semiconductor Manufacturing International Corporation (HKG:981) Shares Could Be 35% Below Their Intrinsic Value Estimate
Mar 03Does Semiconductor Manufacturing International (HKG:981) Have A Healthy Balance Sheet?
Jan 31Capital Allocation Trends At Semiconductor Manufacturing International (HKG:981) Aren't Ideal
Jan 10If You Like EPS Growth Then Check Out Semiconductor Manufacturing International (HKG:981) Before It's Too Late
Dec 03Estimating The Fair Value Of Semiconductor Manufacturing International Corporation (HKG:981)
Nov 15Is Semiconductor Manufacturing International (HKG:981) Using Too Much Debt?
Oct 26The Returns On Capital At Semiconductor Manufacturing International (HKG:981) Don't Inspire Confidence
Sep 14Is Semiconductor Manufacturing International (HKG:981) A Risky Investment?
Jul 26Financial Position Analysis
Short Term Liabilities: 981's short term assets ($13.0B) exceed its short term liabilities ($8.1B).
Long Term Liabilities: 981's short term assets ($13.0B) exceed its long term liabilities ($9.2B).
Debt to Equity History and Analysis
Debt Level: 981's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: 981's debt to equity ratio has reduced from 41.6% to 33.3% over the past 5 years.
Debt Coverage: 981's debt is well covered by operating cash flow (29.5%).
Interest Coverage: 981 earns more interest than it pays, so coverage of interest payments is not a concern.