SM Investments Balance Sheet Health
Financial Health criteria checks 2/6
SM Investments has a total shareholder equity of ₱808.4B and total debt of ₱490.5B, which brings its debt-to-equity ratio to 60.7%. Its total assets and total liabilities are ₱1,603.2B and ₱794.8B respectively. SM Investments's EBIT is ₱146.7B making its interest coverage ratio 7.3. It has cash and short-term investments of ₱96.4B.
Key information
60.7%
Debt to equity ratio
₱490.52b
Debt
| Interest coverage ratio | 7.3x |
| Cash | ₱96.42b |
| Equity | ₱808.42b |
| Total liabilities | ₱794.79b |
| Total assets | ₱1.60t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SM's short term assets (₱337.3B) do not cover its short term liabilities (₱342.1B).
Long Term Liabilities: SM's short term assets (₱337.3B) do not cover its long term liabilities (₱452.7B).
Debt to Equity History and Analysis
Debt Level: SM's net debt to equity ratio (48.7%) is considered high.
Reducing Debt: SM's debt to equity ratio has reduced from 75% to 60.7% over the past 5 years.
Debt Coverage: SM's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: SM's interest payments on its debt are well covered by EBIT (7.3x coverage).