Sociedad Química y Minera de Chile Balance Sheet Health
Financial Health criteria checks 3/6
Sociedad Química y Minera de Chile has a total shareholder equity of $5.1B and total debt of $4.8B, which brings its debt-to-equity ratio to 93.9%. Its total assets and total liabilities are $11.3B and $6.2B respectively. Sociedad Química y Minera de Chile's EBIT is $1.2B making its interest coverage ratio 14. It has cash and short-term investments of $2.6B.
Key information
93.9%
Debt to equity ratio
US$4.81b
Debt
| Interest coverage ratio | 14x |
| Cash | US$2.56b |
| Equity | US$5.12b |
| Total liabilities | US$6.17b |
| Total assets | US$11.29b |
Recent financial health updates
Sociedad Química y Minera de Chile (NYSE:SQM) Takes On Some Risk With Its Use Of Debt
Oct 28
Is Sociedad Química y Minera de Chile (NYSE:SQM) Using Too Much Debt?
Apr 17These 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 25Recent updates
Sociedad Química y Minera de Chile (NYSE:SQM) Takes On Some Risk With Its Use Of Debt
Oct 28Sociedad Química y Minera de Chile S.A.'s (NYSE:SQM) Shares Climb 25% But Its Business Is Yet to Catch Up
Oct 10Earnings Miss: Sociedad Química y Minera de Chile S.A. Missed EPS By 21% And Analysts Are Revising Their Forecasts
Aug 23Sociedad Química y Minera de Chile: Falling Knife Still Worth Catching
Aug 22Sociedad Química y Minera de Chile S.A. (NYSE:SQM) Investors Are Less Pessimistic Than Expected
Aug 10Should You Investigate Sociedad Química y Minera de Chile S.A. (NYSE:SQM) At US$37.81?
Jul 25Returns on Capital Paint A Bright Future For Sociedad Química y Minera de Chile (NYSE:SQM)
Jul 12Sociedad Quimica y Minera de Chile Stock Has Gotten Cheap
Jun 27Analyst Estimates: Here's What Brokers Think Of Sociedad Química y Minera de Chile S.A. (NYSE:SQM) After Its First-Quarter Report
May 25Sociedad Química y Minera de Chile: Managing Risks Amidst Lithium Protectionism
May 06Sociedad Química y Minera de Chile S.A.'s (NYSE:SQM) Shares Lagging The Market But So Is The Business
May 02Is 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 23Financial Position Analysis
Short Term Liabilities: SQM's short term assets ($5.6B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: SQM's short term assets ($5.6B) exceed its long term liabilities ($4.3B).
Debt to Equity History and Analysis
Debt Level: SQM's net debt to equity ratio (43.9%) is considered high.
Reducing Debt: SQM's debt to equity ratio has increased from 83.3% to 93.9% over the past 5 years.
Debt Coverage: SQM's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: SQM's interest payments on its debt are well covered by EBIT (14x coverage).