SMART Global Holdings Balance Sheet Health
Financial Health criteria checks 2/6
SMART Global Holdings has a total shareholder equity of $411.5M and total debt of $740.7M, which brings its debt-to-equity ratio to 180%. Its total assets and total liabilities are $1.5B and $1.1B respectively. SMART Global Holdings's EBIT is $44.9M making its interest coverage ratio 1.3. It has cash and short-term investments of $465.8M.
Key information
180.0%
Debt to equity ratio
US$740.66m
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$465.77m |
| Equity | US$411.50m |
| Total liabilities | US$1.11b |
| Total assets | US$1.52b |
Recent financial health updates
SMART Global Holdings (NASDAQ:SGH) Seems To Use Debt Quite Sensibly
Jan 24
SMART Global Holdings (NASDAQ:SGH) Has A Somewhat Strained Balance Sheet
Jul 31Here's Why SMART Global Holdings (NASDAQ:SGH) Has A Meaningful Debt Burden
Apr 26Does SMART Global Holdings (NASDAQ:SGH) Have A Healthy Balance Sheet?
Sep 07We Think SMART Global Holdings (NASDAQ:SGH) Can Manage Its Debt With Ease
May 20Recent updates
SMART Global Holdings, Inc.'s (NASDAQ:SGH) 36% Dip In Price Shows Sentiment Is Matching Revenues
Apr 20SMART Global Q2 Earnings: Not Worth Chasing Higher
Apr 10Smart Global Holdings: Keeps Getting The Benefit Of The Doubt Thanks To AI
Mar 23SMART Global Holdings (NASDAQ:SGH) Seems To Use Debt Quite Sensibly
Jan 24The Market Doesn't Like What It Sees From SMART Global Holdings, Inc.'s (NASDAQ:SGH) Revenues Yet
Dec 29Is It Time To Consider Buying SMART Global Holdings, Inc. (NASDAQ:SGH)?
Dec 09SMART Global Holdings, Inc. (NASDAQ:SGH) Shares Could Be 39% Below Their Intrinsic Value Estimate
Nov 07These Analysts Think SMART Global Holdings, Inc.'s (NASDAQ:SGH) Earnings Are Under Threat
Oct 17Is Now The Time To Look At Buying SMART Global Holdings, Inc. (NASDAQ:SGH)?
Aug 18SMART Global Holdings (NASDAQ:SGH) Has A Somewhat Strained Balance Sheet
Jul 31A Look At The Fair Value Of SMART Global Holdings, Inc. (NASDAQ:SGH)
Jul 04Here's Why SMART Global Holdings (NASDAQ:SGH) Has A Meaningful Debt Burden
Apr 26Is It Time To Consider Buying SMART Global Holdings, Inc. (NASDAQ:SGH)?
Apr 01Here's Why We Think SMART Global Holdings (NASDAQ:SGH) Might Deserve Your Attention Today
Feb 22An Intrinsic Calculation For SMART Global Holdings, Inc. (NASDAQ:SGH) Suggests It's 38% Undervalued
Jan 12Is SMART Global Holdings, Inc. (NASDAQ:SGH) Potentially Undervalued?
Dec 28SMART Global Holdings Is Still In A Downward Spiral
Oct 17SMART Global Non-GAAP EPS of $0.80 beats by $0.15, revenue of $438M misses by $2.01M
Oct 04SMART Global reaches settlement with Tomar Electronics over patent infringement
Sep 14Does SMART Global Holdings (NASDAQ:SGH) Have A Healthy Balance Sheet?
Sep 07SGH reports inducement grants under Nasdaq listing rule
Sep 05SMART Global Holdings: Adding On The Dip
Aug 03Is It Too Late To Consider Buying SMART Global Holdings, Inc. (NASDAQ:SGH)?
Jul 10SMART Global Non-GAAP EPS of $0.87 beats by $0.12, revenue of $463M beats by $7.98M
Jun 29SMART Global Holdings: A Bounce Could Be In Store
Jun 22We Think SMART Global Holdings (NASDAQ:SGH) Can Manage Its Debt With Ease
May 20Financial Position Analysis
Short Term Liabilities: SGH's short term assets ($884.7M) exceed its short term liabilities ($268.0M).
Long Term Liabilities: SGH's short term assets ($884.7M) exceed its long term liabilities ($838.0M).
Debt to Equity History and Analysis
Debt Level: SGH's net debt to equity ratio (66.8%) is considered high.
Reducing Debt: SGH's debt to equity ratio has increased from 83.6% to 180% over the past 5 years.
Debt Coverage: SGH's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: SGH's interest payments on its debt are not well covered by EBIT (1.3x coverage).