Standard Motor Products Balance Sheet Health
Financial Health criteria checks 5/6
Standard Motor Products has a total shareholder equity of $650.9M and total debt of $156.2M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are $1.3B and $642.2M respectively. Standard Motor Products's EBIT is $141.3M making its interest coverage ratio 11.1. It has cash and short-term investments of $32.5M.
Key information
24.0%
Debt to equity ratio
US$156.21m
Debt
Interest coverage ratio | 11.1x |
Cash | US$32.53m |
Equity | US$650.87m |
Total liabilities | US$642.17m |
Total assets | US$1.29b |
Recent financial health updates
Recent updates
Standard 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 05Standard Motor Products Non-GAAP EPS of $0.86 misses by $0.32, revenue of $359.4M beats by $2.81M
Aug 03Standard Motor Products: A Car Parts Company Trading At A Good Price
Jul 03If EPS Growth Is Important To You, Standard Motor Products (NYSE:SMP) Presents An Opportunity
Jun 27Some Investors May Be Worried About Standard Motor Products' (NYSE:SMP) Returns On Capital
May 10Is Standard Motor Products (NYSE:SMP) A Risky Investment?
Mar 19Standard Motor Products (NYSE:SMP) Is Paying Out A Larger Dividend Than Last Year
Feb 04Should You Be Adding Standard Motor Products (NYSE:SMP) To Your Watchlist Today?
Jan 26Financial Position Analysis
Short Term Liabilities: SMP's short term assets ($744.2M) exceed its short term liabilities ($304.3M).
Long Term Liabilities: SMP's short term assets ($744.2M) exceed its long term liabilities ($337.9M).
Debt to Equity History and Analysis
Debt Level: SMP's net debt to equity ratio (19%) is considered satisfactory.
Reducing Debt: SMP's debt to equity ratio has increased from 10.5% to 24% over the past 5 years.
Debt Coverage: SMP's debt is well covered by operating cash flow (92.3%).
Interest Coverage: SMP's interest payments on its debt are well covered by EBIT (11.1x coverage).