Scotts Miracle-Gro Financial Health
How is Scotts Miracle-Gro's financial position?
[object Object] Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SMG's short term assets ($2.0B) exceed its short term liabilities ($963.9M).
Long Term Liabilities: SMG's short term assets ($2.0B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: SMG's net debt to equity ratio (1924.2%) is considered high.
Reducing Debt: SMG's debt to equity ratio has increased from 213.1% to 1991.6% over the past 5 years.
Debt Coverage: SMG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SMG's interest payments on its debt are well covered by EBIT (3.8x coverage).