SMCP Balance Sheet Health
Financial Health criteria checks 3/6
SMCP has a total shareholder equity of €1.2B and total debt of €329.7M, which brings its debt-to-equity ratio to 28.5%. Its total assets and total liabilities are €2.3B and €1.1B respectively. SMCP's EBIT is €62.5M making its interest coverage ratio 2. It has cash and short-term investments of €37.2M.
Key information
28.5%
Debt to equity ratio
€329.70m
Debt
| Interest coverage ratio | 2x |
| Cash | €37.20m |
| Equity | €1.16b |
| Total liabilities | €1.11b |
| Total assets | €2.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMCP N's short term assets (€427.0M) do not cover its short term liabilities (€462.7M).
Long Term Liabilities: SMCP N's short term assets (€427.0M) do not cover its long term liabilities (€651.1M).
Debt to Equity History and Analysis
Debt Level: SMCP N's net debt to equity ratio (25.3%) is considered satisfactory.
Reducing Debt: SMCP N's debt to equity ratio has reduced from 30% to 28.5% over the past 5 years.
Debt Coverage: SMCP N's debt is well covered by operating cash flow (65.6%).
Interest Coverage: SMCP N's interest payments on its debt are not well covered by EBIT (2x coverage).