Smoore International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Smoore International Holdings has a total shareholder equity of CN¥21.3B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are CN¥26.5B and CN¥5.2B respectively. Smoore International Holdings's EBIT is CN¥1.3B making its interest coverage ratio -2.2. It has cash and short-term investments of CN¥14.5B.
Key information
7.8%
Debt to equity ratio
CN¥1.66b
Debt
| Interest coverage ratio | -2.2x |
| Cash | CN¥14.54b |
| Equity | CN¥21.32b |
| Total liabilities | CN¥5.22b |
| Total assets | CN¥26.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMOR.F's short term assets (CN¥18.5B) exceed its short term liabilities (CN¥4.7B).
Long Term Liabilities: SMOR.F's short term assets (CN¥18.5B) exceed its long term liabilities (CN¥535.7M).
Debt to Equity History and Analysis
Debt Level: SMOR.F has more cash than its total debt.
Reducing Debt: SMOR.F's debt to equity ratio has reduced from 39.5% to 7.8% over the past 5 years.
Debt Coverage: SMOR.F's debt is well covered by operating cash flow (164.2%).
Interest Coverage: SMOR.F earns more interest than it pays, so coverage of interest payments is not a concern.