Smith Douglas Homes Balance Sheet Health
Financial Health criteria checks 5/6
Smith Douglas Homes has a total shareholder equity of $208.9M and total debt of $76.6M, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are $352.7M and $143.8M respectively. Smith Douglas Homes's EBIT is $123.9M making its interest coverage ratio 74.7. It has cash and short-term investments of $19.8M.
Key information
36.7%
Debt to equity ratio
US$76.57m
Debt
Interest coverage ratio | 74.7x |
Cash | US$19.78m |
Equity | US$208.90m |
Total liabilities | US$143.79m |
Total assets | US$352.69m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SDHC's short term assets ($246.9M) exceed its short term liabilities ($31.3M).
Long Term Liabilities: SDHC's short term assets ($246.9M) exceed its long term liabilities ($112.5M).
Debt to Equity History and Analysis
Debt Level: SDHC's net debt to equity ratio (27.2%) is considered satisfactory.
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 (99.6%).
Interest Coverage: SDHC's interest payments on its debt are well covered by EBIT (74.7x coverage).