SMC Balance Sheet Health
Financial Health criteria checks 6/6
SMC has a total shareholder equity of ¥1,820.9B and total debt of ¥13.9B, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ¥2,025.3B and ¥204.4B respectively. SMC's EBIT is ¥215.6B making its interest coverage ratio -13. It has cash and short-term investments of ¥547.0B.
Key information
0.8%
Debt to equity ratio
JP¥13.87b
Debt
Interest coverage ratio | -13x |
Cash | JP¥547.04b |
Equity | JP¥1.82t |
Total liabilities | JP¥204.40b |
Total assets | JP¥2.03t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6273's short term assets (¥1,309.9B) exceed its short term liabilities (¥163.5B).
Long Term Liabilities: 6273's short term assets (¥1,309.9B) exceed its long term liabilities (¥40.9B).
Debt to Equity History and Analysis
Debt Level: 6273 has more cash than its total debt.
Reducing Debt: 6273's debt to equity ratio has reduced from 2.2% to 0.8% over the past 5 years.
Debt Coverage: 6273's debt is well covered by operating cash flow (718.1%).
Interest Coverage: 6273 earns more interest than it pays, so coverage of interest payments is not a concern.