SM Investments Balance Sheet Health
Financial Health criteria checks 3/6
SM Investments has a total shareholder equity of ₱772.2B and total debt of ₱501.7B, which brings its debt-to-equity ratio to 65%. Its total assets and total liabilities are ₱1,586.2B and ₱814.0B respectively. SM Investments's EBIT is ₱142.5B making its interest coverage ratio 7.1. It has cash and short-term investments of ₱104.5B.
Key information
65.0%
Debt to equity ratio
₱501.70b
Debt
Interest coverage ratio | 7.1x |
Cash | ₱104.49b |
Equity | ₱772.20b |
Total liabilities | ₱814.02b |
Total assets | ₱1.59t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SM's short term assets (₱359.5B) exceed its short term liabilities (₱330.8B).
Long Term Liabilities: SM's short term assets (₱359.5B) do not cover its long term liabilities (₱483.3B).
Debt to Equity History and Analysis
Debt Level: SM's net debt to equity ratio (51.4%) is considered high.
Reducing Debt: SM's debt to equity ratio has reduced from 78.4% to 65% over the past 5 years.
Debt Coverage: SM's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: SM's interest payments on its debt are well covered by EBIT (7.1x coverage).