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 |
Cash | JP¥623.50b |
Equity | JP¥1.70t |
Total liabilities | JP¥225.62b |
Total assets | JP¥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.