Sociedad Química y Minera de Chile Balance Sheet Health
Financial Health criteria checks 4/6
Sociedad Química y Minera de Chile has a total shareholder equity of $5.6B and total debt of $4.5B, which brings its debt-to-equity ratio to 80.3%. Its total assets and total liabilities are $11.7B and $6.1B respectively. Sociedad Química y Minera de Chile's EBIT is $2.9B making its interest coverage ratio 421.6. It has cash and short-term investments of $2.4B.
Key information
80.3%
Debt to equity ratio
US$4.47b
Debt
| Interest coverage ratio | 421.6x |
| Cash | US$2.36b |
| Equity | US$5.57b |
| Total liabilities | US$6.14b |
| Total assets | US$11.71b |
Recent financial health updates
Is Sociedad Química y Minera de Chile (NYSE:SQM) Using Too Much Debt?
Apr 17
These 4 Measures Indicate That Sociedad Química y Minera de Chile (NYSE:SQM) Is Using Debt Reasonably Well
Nov 12Sociedad Química y Minera de Chile (NYSE:SQM) Seems To Use Debt Quite Sensibly
Aug 14Sociedad Química y Minera de Chile (NYSE:SQM) Could Easily Take On More Debt
Jan 30We Think Sociedad Química y Minera de Chile (NYSE:SQM) Can Stay On Top Of Its Debt
Sep 25Is Sociedad Química y Minera de Chile (NYSE:SQM) A Risky Investment?
Jun 11Recent updates
Is Sociedad Química y Minera de Chile (NYSE:SQM) Using Too Much Debt?
Apr 17Sociedad Química y Minera de Chile: Why Investors Should Get Back In The Ring
Feb 18SQM: A Pivotal Buying Moment Is Knocking At The Front Door
Jan 22At US$49.30, Is It Time To Put Sociedad Química y Minera de Chile S.A. (NYSE:SQM) On Your Watch List?
Jan 17A Look At The Fair Value Of Sociedad Química y Minera de Chile S.A. (NYSE:SQM)
Jan 02Big 4 Lithium Stocks And Spot Lithium Prices - Why I Am Bullish On SQM
Dec 31Sociedad Química y Minera de Chile S.A.'s (NYSE:SQM) Shares Lagging The Market But So Is The Business
Dec 18SQM: Oversupply Is Good - EV Parity Nears
Nov 27SQM: We Are Not There Yet
Nov 17These 4 Measures Indicate That Sociedad Química y Minera de Chile (NYSE:SQM) Is Using Debt Reasonably Well
Nov 12SQM: Buying Opportunity Even With Margin Pressure
Oct 24Sociedad Química Y Minera De Chile: Get Ready To Buy
Oct 17SQM: The Future Of Lithium Amidst The Energy Transition
Oct 09A Look At The Intrinsic Value Of Sociedad Química y Minera de Chile S.A. (NYSE:SQM)
Sep 27SQM: Is It Time To Buy The Dip?
Sep 12SQM: Steep Plunge Creating Massive Appeal For The Brave
Sep 02Sociedad Química y Minera de Chile (NYSE:SQM) Seems To Use Debt Quite Sensibly
Aug 14SQM: A Promising Long-Term Investment Opportunity (Technical Analysis)
Jul 29Should You Investigate Sociedad Química y Minera de Chile S.A. (NYSE:SQM) At US$74.53?
Jul 27SQM: Tomorrow's Electricity With Lithium's Potential
Jun 20SQM: Lithium Prices Are Still Relatively High
Feb 19SQM: Energy Transition Underway, Trading At 5x FCF
Jan 31Sociedad Química y Minera de Chile (NYSE:SQM) Could Easily Take On More Debt
Jan 30Is There An Opportunity With Sociedad Química y Minera de Chile S.A.'s (NYSE:SQM) 33% Undervaluation?
Jan 12SQM: Seriously Undervalued Lithium Player With Lucrative Prospects
Jan 09When Should You Buy Sociedad Química y Minera de Chile S.A. (NYSE:SQM)?
Dec 25The Theme For 2023 Is Energy Security So Buy SQM
Dec 24Sociedad Quimica y Minera de Chile goes ex dividend tomorrow
Dec 07Sociedad Quimica y Minera de Chile Q3 2022 Earnings Preview
Nov 15SQM: Lithium Prices Refuse To Come Down
Nov 07SQM: Selling More Lithium At Higher Prices
Oct 30SQM: A Stock To Own As EVs Take Over Everything
Oct 03We Think Sociedad Química y Minera de Chile (NYSE:SQM) Can Stay On Top Of Its Debt
Sep 25SQM: Chile, And The Catalyst Of September
Aug 29SQM: Royalty Overpayments May Have Distorted Q2 EBITDA
Aug 23Sociedad Quimica y Minera de Chile Q2 2022 Earnings Preview
Aug 16When Should You Buy Sociedad Química y Minera de Chile S.A. (NYSE:SQM)?
Aug 08SQM: A Core EV Value Chain Stock With High Growth And Low Valuation
Aug 07SQM: A Diversified Play On The Current Lithium Boom
Jul 24Is Sociedad Química y Minera de Chile (NYSE:SQM) A Risky Investment?
Jun 11New Forecasts: Here's What Analysts Think The Future Holds For Sociedad Química y Minera de Chile S.A. (NYSE:SQM)
May 24Sociedad Química y Minera de Chile (NYSE:SQM) Is Increasing Its Dividend To US$0.063
Apr 18Returns At Sociedad Química y Minera de Chile (NYSE:SQM) Are On The Way Up
Apr 12SQM Is Facing An Expropriation Risk
Mar 21Analysts Just Published A Bright New Outlook For Sociedad Química y Minera de Chile S.A.'s (NYSE:SQM)
Mar 05Financial Position Analysis
Short Term Liabilities: SQM's short term assets ($5.9B) exceed its short term liabilities ($2.4B).
Long Term Liabilities: SQM's short term assets ($5.9B) exceed its long term liabilities ($3.8B).
Debt to Equity History and Analysis
Debt Level: SQM's net debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: SQM's debt to equity ratio has increased from 63.3% to 80.3% over the past 5 years.
Debt Coverage: SQM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SQM's interest payments on its debt are well covered by EBIT (421.6x coverage).