SMA Solar Technology Balance Sheet Health
Financial Health criteria checks 6/6
SMA Solar Technology has a total shareholder equity of €686.2M and total debt of €6.4M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are €1.6B and €935.7M respectively. SMA Solar Technology's EBIT is €275.4M making its interest coverage ratio 363.8. It has cash and short-term investments of €267.0M.
Key information
0.9%
Debt to equity ratio
€6.45m
Debt
Interest coverage ratio | 363.8x |
Cash | €266.99m |
Equity | €686.18m |
Total liabilities | €935.73m |
Total assets | €1.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMTG.F's short term assets (€1.2B) exceed its short term liabilities (€652.4M).
Long Term Liabilities: SMTG.F's short term assets (€1.2B) exceed its long term liabilities (€283.4M).
Debt to Equity History and Analysis
Debt Level: SMTG.F has more cash than its total debt.
Reducing Debt: SMTG.F's debt to equity ratio has reduced from 4.2% to 0.9% over the past 5 years.
Debt Coverage: SMTG.F's debt is well covered by operating cash flow (2183.3%).
Interest Coverage: SMTG.F's interest payments on its debt are well covered by EBIT (363.8x coverage).