SMC Balance Sheet Health

Financial Health criteria checks 5/6

SMC has a total shareholder equity of ¥1,702.3B and total debt of ¥12.2B, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ¥1,927.9B and ¥225.6B respectively. SMC's EBIT is ¥258.2B making its interest coverage ratio -22.2. It has cash and short-term investments of ¥623.5B.

Key information

0.7%

Debt to equity ratio

JP¥12.19b

Debt

Interest coverage ratio-22.2x
CashJP¥623.50b
EquityJP¥1.70t
Total liabilitiesJP¥225.62b
Total assetsJP¥1.93t

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SMC N's short term assets (¥1,323.8B) exceed its short term liabilities (¥188.8B).

Long Term Liabilities: SMC N's short term assets (¥1,323.8B) exceed its long term liabilities (¥36.8B).


Debt to Equity History and Analysis

Debt Level: SMC N has more cash than its total debt.

Reducing Debt: SMC N's debt to equity ratio has increased from 0.6% to 0.7% over the past 5 years.

Debt Coverage: SMC N's debt is well covered by operating cash flow (833.9%).

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


Balance Sheet


Discover healthy companies