SMC Corporation

TSE:6273 Stock Report

Market Cap: JP¥3.9t

SMC Balance Sheet Health

Financial Health criteria checks 6/6

SMC has a total shareholder equity of ¥1,878.7B and total debt of ¥11.9B, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ¥2,061.7B and ¥183.0B respectively. SMC's EBIT is ¥190.6B making its interest coverage ratio -9.4. It has cash and short-term investments of ¥549.4B.

Key information

0.6%

Debt to equity ratio

JP¥11.94b

Debt

Interest coverage ratio-9.4x
CashJP¥549.35b
EquityJP¥1.88t
Total liabilitiesJP¥182.98b
Total assetsJP¥2.06t

Recent financial health updates

Is SMC (TSE:6273) Using Too Much Debt?

Jun 07
Is SMC (TSE:6273) Using Too Much Debt?

Recent updates

Some Investors May Be Worried About SMC's (TSE:6273) Returns On Capital

Dec 03
Some Investors May Be Worried About SMC's (TSE:6273) Returns On Capital

SMC Corporation (TSE:6273) Interim Results: Here's What Analysts Are Forecasting For This Year

Nov 16
SMC Corporation (TSE:6273) Interim Results: Here's What Analysts Are Forecasting For This Year

Is SMC Corporation (TSE:6273) Expensive For A Reason? A Look At Its Intrinsic Value

Nov 09
Is SMC Corporation (TSE:6273) Expensive For A Reason? A Look At Its Intrinsic Value

SMC Corporation (TSE:6273) Investors Are Less Pessimistic Than Expected

Oct 25
SMC Corporation (TSE:6273) Investors Are Less Pessimistic Than Expected

SMC's (TSE:6273) Dividend Will Be ¥500.00

Sep 24
SMC's (TSE:6273) Dividend Will Be ¥500.00

SMC's (TSE:6273) Dividend Will Be ¥500.00

Sep 06
SMC's (TSE:6273) Dividend Will Be ¥500.00

Capital Allocation Trends At SMC (TSE:6273) Aren't Ideal

Sep 02
Capital Allocation Trends At SMC (TSE:6273) Aren't Ideal

SMC's (TSE:6273) Dividend Will Be ¥500.00

Aug 14
SMC's (TSE:6273) Dividend Will Be ¥500.00

SMC Corporation Just Recorded A 11% EPS Beat: Here's What Analysts Are Forecasting Next

Aug 13
SMC Corporation Just Recorded A 11% EPS Beat: Here's What Analysts Are Forecasting Next

SMC (TSE:6273) Is Due To Pay A Dividend Of ¥500.00

Jul 26
SMC (TSE:6273) Is Due To Pay A Dividend Of ¥500.00

SMC (TSE:6273) Will Pay A Dividend Of ¥500.00

Jul 11
SMC (TSE:6273) Will Pay A Dividend Of ¥500.00

Is SMC (TSE:6273) Using Too Much Debt?

Jun 07
Is SMC (TSE:6273) Using Too Much Debt?

Some Shareholders Feeling Restless Over SMC Corporation's (TSE:6273) P/E Ratio

May 09
Some Shareholders Feeling Restless Over SMC Corporation's (TSE:6273) P/E Ratio

Is It Too Late To Consider Buying SMC Corporation (TSE:6273)?

Apr 09
Is It Too Late To Consider Buying SMC Corporation (TSE:6273)?

SMC's (TSE:6273) Dividend Will Be ¥450.00

Mar 15
SMC's (TSE:6273) Dividend Will Be ¥450.00

SMC's (TSE:6273) Dividend Will Be ¥450.00

Feb 26
SMC's (TSE:6273) Dividend Will Be ¥450.00

Financial Position Analysis

Short Term Liabilities: 6273's short term assets (¥1,351.3B) exceed its short term liabilities (¥144.2B).

Long Term Liabilities: 6273's short term assets (¥1,351.3B) exceed its long term liabilities (¥38.8B).

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 0.8% to 0.6% over the past 5 years.

Debt Coverage: 6273's debt is well covered by operating cash flow (1135.8%).

Interest Coverage: 6273 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 10:00
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Corporation is covered by 28 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tsutomu KijimaBarclays
Christopher CintaveyBNP Paribas Securities (Asia)
Kenjin HottaBofA Global Research