Standard Motor Products Balance Sheet Health
Financial Health criteria checks 5/6
Standard Motor Products has a total shareholder equity of $653.4M and total debt of $142.8M, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are $1.4B and $697.1M respectively. Standard Motor Products's EBIT is $139.7M making its interest coverage ratio 14. It has cash and short-term investments of $26.3M.
Key information
21.9%
Debt to equity ratio
US$142.85m
Debt
| Interest coverage ratio | 14x |
| Cash | US$26.35m |
| Equity | US$653.44m |
| Total liabilities | US$697.10m |
| Total assets | US$1.35b |
Recent financial health updates
No updates
Recent updates
Standard Motor Products: Steady Performer Expanding In Europe
Nov 15The Market Doesn't Like What It Sees From Standard Motor Products, Inc.'s (NYSE:SMP) Earnings Yet
Oct 24
Investors Met With Slowing Returns on Capital At Standard Motor Products (NYSE:SMP)
Sep 18Standard Motor Products: Still Appealing On Valuation
Sep 06Standard Motor Products (NYSE:SMP) Is Paying Out A Dividend Of $0.29
Aug 04Why Investors Shouldn't Be Surprised By Standard Motor Products, Inc.'s (NYSE:SMP) Low P/E
Jul 13Standard Motor Products (NYSE:SMP) Is Paying Out A Dividend Of $0.29
May 04Standard Motor Products (NYSE:SMP) Has Announced A Dividend Of $0.29
Feb 08Standard Motor Products: A Bumpy Road That Should Lead To Upside
Dec 14Standard Motor Products: A Good Opportunity For Long-Term Dividend Investors
Aug 30Standard Motor Products: Excellent Dividend Record And Low Price Make It A Buy
Jun 22Standard Motor Products (NYSE:SMP) Is Reinvesting At Lower Rates Of Return
Mar 14Standard Motor Products Non-GAAP EPS of $0.69 beats by $0.13, revenue of $308.2M misses by $14.29M
Feb 22Standard Motor Products' (NYSE:SMP) Dividend Will Be Increased To $0.29
Feb 06Standard Motor Products lifts dividend by 7.4% to $0.29/share
Feb 01Here's What's Concerning About Standard Motor Products' (NYSE:SMP) Returns On Capital
Dec 09We Think That There Are More Issues For Standard Motor Products (NYSE:SMP) Than Just Sluggish Earnings
Nov 07Standard Motor Products declares $0.27 dividend
Oct 28Standard Motor Products acquires Kade Trading
Oct 05Financial Position Analysis
Short Term Liabilities: SMP's short term assets ($793.2M) exceed its short term liabilities ($352.5M).
Long Term Liabilities: SMP's short term assets ($793.2M) exceed its long term liabilities ($344.6M).
Debt to Equity History and Analysis
Debt Level: SMP's net debt to equity ratio (17.8%) is considered satisfactory.
Reducing Debt: SMP's debt to equity ratio has increased from 16.9% to 21.9% over the past 5 years.
Debt Coverage: SMP's debt is well covered by operating cash flow (62.7%).
Interest Coverage: SMP's interest payments on its debt are well covered by EBIT (14x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:57 |
| 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
Standard Motor Products, Inc. is covered by 9 analysts. 2 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 |
|---|---|
| John Lovallo | BofA Global Research |
| Christopher Van Horn | B. Riley Securities, Inc. |
| Christopher Van Horn | FBR Capital Markets & Co. |