STMicroelectronics Balance Sheet Health
Financial Health criteria checks 6/6
STMicroelectronics has a total shareholder equity of $17.8B and total debt of $3.0B, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are $25.5B and $7.7B respectively. STMicroelectronics's EBIT is $2.5B making its interest coverage ratio 155.4. It has cash and short-term investments of $6.3B.
Key information
17.1%
Debt to equity ratio
US$3.04b
Debt
| Interest coverage ratio | 155.4x |
| Cash | US$6.30b |
| Equity | US$17.80b |
| Total liabilities | US$7.71b |
| Total assets | US$25.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STMMI's short term assets ($12.0B) exceed its short term liabilities ($4.2B).
Long Term Liabilities: STMMI's short term assets ($12.0B) exceed its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: STMMI has more cash than its total debt.
Reducing Debt: STMMI's debt to equity ratio has reduced from 32.4% to 17.1% over the past 5 years.
Debt Coverage: STMMI's debt is well covered by operating cash flow (136%).
Interest Coverage: STMMI's interest payments on its debt are well covered by EBIT (155.4x coverage).