Smartoptics Group Balance Sheet Health
Financial Health criteria checks 5/6
Smartoptics Group has a total shareholder equity of $27.9M and total debt of $436.0K, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are $47.3M and $19.3M respectively. Smartoptics Group's EBIT is $3.3M making its interest coverage ratio 45. It has cash and short-term investments of $9.0M.
Key information
1.6%
Debt to equity ratio
US$436.00k
Debt
| Interest coverage ratio | 45x |
| Cash | US$8.96m |
| Equity | US$27.94m |
| Total liabilities | US$19.31m |
| Total assets | US$47.25m |
Recent financial health updates
No updates
Recent updates
One Smartoptics Group AS (OB:SMOP) Analyst Just Cut Their EPS Forecasts
Oct 23
Smartoptics Group's (OB:SMOP) Dividend Will Be $0.50
May 09Smartoptics Group (OB:SMOP) Is Paying Out A Dividend Of $0.50
Apr 25Smartoptics Group (OB:SMOP) Knows How To Allocate Capital Effectively
Nov 11Here's Why We Think Smartoptics Group (OB:SMOP) Might Deserve Your Attention Today
Oct 05Why The 31% Return On Capital At Smartoptics Group (OB:SMOP) Should Have Your Attention
Mar 17Returns On Capital Are A Standout For Smartoptics Group (OB:SMOP)
Dec 10Is Now The Time To Put Smartoptics Group (OB:SMOP) On Your Watchlist?
Oct 19We Like These Underlying Return On Capital Trends At Smartoptics Group (OB:SMOP)
Jun 15Investors Shouldn't Be Too Comfortable With Smartoptics Group's (OB:SMOP) Robust Earnings
May 04Financial Position Analysis
Short Term Liabilities: SMOP's short term assets ($39.6M) exceed its short term liabilities ($13.8M).
Long Term Liabilities: SMOP's short term assets ($39.6M) exceed its long term liabilities ($5.5M).
Debt to Equity History and Analysis
Debt Level: SMOP has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SMOP's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SMOP's debt is well covered by operating cash flow (1902.5%).
Interest Coverage: SMOP's interest payments on its debt are well covered by EBIT (45x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:53 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Smartoptics Group AS is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Frank Maaø | DNB Markets |
| Christoffer Bjørnsen | DNB Markets |