Smith Douglas Homes Balance Sheet Health
Financial Health criteria checks 5/6
Smith Douglas Homes has a total shareholder equity of $372.4M and total debt of $3.5M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are $460.1M and $87.7M respectively. Smith Douglas Homes's EBIT is $119.0M making its interest coverage ratio 46.9. It has cash and short-term investments of $23.7M.
Key information
0.9%
Debt to equity ratio
US$3.46m
Debt
| Interest coverage ratio | 46.9x |
| Cash | US$23.72m |
| Equity | US$372.36m |
| Total liabilities | US$87.69m |
| Total assets | US$460.05m |
Financial Position Analysis
Short Term Liabilities: SDHC's short term assets ($305.8M) exceed its short term liabilities ($53.8M).
Long Term Liabilities: SDHC's short term assets ($305.8M) exceed its long term liabilities ($33.9M).
Debt to Equity History and Analysis
Debt Level: SDHC has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SDHC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SDHC's debt is well covered by operating cash flow (1009.4%).
Interest Coverage: SDHC's interest payments on its debt are well covered by EBIT (46.9x coverage).