STMicroelectronics Balance Sheet Health
Financial Health criteria checks 6/6
STMicroelectronics has a total shareholder equity of $17.1B and total debt of $3.0B, which brings its debt-to-equity ratio to 17.6%. Its total assets and total liabilities are $24.9B and $7.8B respectively. STMicroelectronics's EBIT is $3.4B making its interest coverage ratio 124.1. It has cash and short-term investments of $6.3B.
Key information
17.6%
Debt to equity ratio
US$3.03b
Debt
| Interest coverage ratio | 124.1x |
| Cash | US$6.29b |
| Equity | US$17.15b |
| Total liabilities | US$7.76b |
| Total assets | US$24.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STM1 N's short term assets ($11.9B) exceed its short term liabilities ($3.5B).
Long Term Liabilities: STM1 N's short term assets ($11.9B) exceed its long term liabilities ($4.2B).
Debt to Equity History and Analysis
Debt Level: STM1 N has more cash than its total debt.
Reducing Debt: STM1 N's debt to equity ratio has reduced from 33.5% to 17.6% over the past 5 years.
Debt Coverage: STM1 N's debt is well covered by operating cash flow (159.8%).
Interest Coverage: STM1 N's interest payments on its debt are well covered by EBIT (124.1x coverage).