Smartoptics Group Balance Sheet Health
Financial Health criteria checks 5/6
Smartoptics Group has a total shareholder equity of $30.0M and total debt of $1.4M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are $49.0M and $19.0M respectively. Smartoptics Group's EBIT is $8.9M making its interest coverage ratio -812.9. It has cash and short-term investments of $9.3M.
Key information
4.8%
Debt to equity ratio
US$1.44m
Debt
Interest coverage ratio | -812.9x |
Cash | US$9.32m |
Equity | US$30.05m |
Total liabilities | US$18.96m |
Total assets | US$49.01m |
Recent financial health updates
No updates
Recent updates
Smartoptics 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 ($41.9M) exceed its short term liabilities ($13.4M).
Long Term Liabilities: SMOP's short term assets ($41.9M) exceed its long term liabilities ($5.6M).
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 (822.6%).
Interest Coverage: SMOP earns more interest than it pays, so coverage of interest payments is not a concern.