Sanmina Balance Sheet Health
Financial Health criteria checks 6/6
Sanmina has a total shareholder equity of $2.3B and total debt of $325.6M, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are $4.6B and $2.3B respectively. Sanmina's EBIT is $422.4M making its interest coverage ratio 19.5. It has cash and short-term investments of $631.6M.
Key information
14.3%
Debt to equity ratio
US$325.61m
Debt
| Interest coverage ratio | 19.5x |
| Cash | US$631.59m |
| Equity | US$2.27b |
| Total liabilities | US$2.34b |
| Total assets | US$4.62b |
Recent financial health updates
Is Sanmina (NASDAQ:SANM) Using Too Much Debt?
Mar 18
We Think Sanmina (NASDAQ:SANM) Can Manage Its Debt With Ease
Oct 19Sanmina (NASDAQ:SANM) Has A Rock Solid Balance Sheet
May 09These 4 Measures Indicate That Sanmina (NASDAQ:SANM) Is Using Debt Safely
Dec 23Sanmina (NASDAQ:SANM) Seems To Use Debt Quite Sensibly
Jul 31Is Sanmina (NASDAQ:SANM) A Risky Investment?
Apr 29Recent updates
We Like These Underlying Return On Capital Trends At Sanmina (NASDAQ:SANM)
Apr 17Sanmina: A Balancing Act
Apr 16Is Sanmina (NASDAQ:SANM) Using Too Much Debt?
Mar 18Should You Think About Buying Sanmina Corporation (NASDAQ:SANM) Now?
Feb 20What To Do After Sanmina Gained Over 20%
Jan 31Sanmina Corporation's (NASDAQ:SANM) Shares Bounce 26% But Its Business Still Trails The Market
Jan 31A Look At The Intrinsic Value Of Sanmina Corporation (NASDAQ:SANM)
Jan 30The Return Trends At Sanmina (NASDAQ:SANM) Look Promising
Jan 18If EPS Growth Is Important To You, Sanmina (NASDAQ:SANM) Presents An Opportunity
Dec 07Should You Think About Buying Sanmina Corporation (NASDAQ:SANM) Now?
Nov 02We Think Sanmina (NASDAQ:SANM) Can Manage Its Debt With Ease
Oct 19There's Been No Shortage Of Growth Recently For Sanmina's (NASDAQ:SANM) Returns On Capital
Oct 03With EPS Growth And More, Sanmina (NASDAQ:SANM) Makes An Interesting Case
Sep 01Sanmina (NASDAQ:SANM) Has A Rock Solid Balance Sheet
May 09Sanmina (NASDAQ:SANM) Might Have The Makings Of A Multi-Bagger
Apr 20Is Sanmina Corporation (NASDAQ:SANM) Worth US$58.6 Based On Its Intrinsic Value?
Mar 22Shareholders May Be More Conservative With Sanmina Corporation's (NASDAQ:SANM) CEO Compensation For Now
Mar 07Should You Think About Buying Sanmina Corporation (NASDAQ:SANM) Now?
Feb 19There's Been No Shortage Of Growth Recently For Sanmina's (NASDAQ:SANM) Returns On Capital
Jan 10These 4 Measures Indicate That Sanmina (NASDAQ:SANM) Is Using Debt Safely
Dec 23Sanmina Corporation (NASDAQ:SANM) Shares Could Be 49% Below Their Intrinsic Value Estimate
Oct 31What Is Sanmina Corporation's (NASDAQ:SANM) Share Price Doing?
Oct 18Returns At Sanmina (NASDAQ:SANM) Are On The Way Up
Sep 27Sanmina Corporation: An Undervalued And Undercovered Gem
Aug 28Sanmina (NASDAQ:SANM) Seems To Use Debt Quite Sensibly
Jul 31At US$42.13, Is It Time To Put Sanmina Corporation (NASDAQ:SANM) On Your Watch List?
Jul 17Here's Why We Think Sanmina (NASDAQ:SANM) Is Well Worth Watching
Jul 04Sanmina (NASDAQ:SANM) Might Have The Makings Of A Multi-Bagger
Jun 20Is Sanmina (NASDAQ:SANM) A Risky Investment?
Apr 29Is It Too Late To Consider Buying Sanmina Corporation (NASDAQ:SANM)?
Apr 11Sanmina (NASDAQ:SANM) Shareholders Will Want The ROCE Trajectory To Continue
Mar 16With EPS Growth And More, Sanmina (NASDAQ:SANM) Is Interesting
Feb 21Sanmina (NASDAQ:SANM) Could Easily Take On More Debt
Jan 19Is It Time To Consider Buying Sanmina Corporation (NASDAQ:SANM)?
Jan 05Is Sanmina Corporation (NASDAQ:SANM) Trading At A 39% Discount?
Dec 11The Returns At Sanmina (NASDAQ:SANM) Aren't Growing
Nov 29Should You Be Adding Sanmina (NASDAQ:SANM) To Your Watchlist Today?
Nov 05Financial Position Analysis
Short Term Liabilities: SANM's short term assets ($3.6B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: SANM's short term assets ($3.6B) exceed its long term liabilities ($522.2M).
Debt to Equity History and Analysis
Debt Level: SANM has more cash than its total debt.
Reducing Debt: SANM's debt to equity ratio has reduced from 47.1% to 14.3% over the past 5 years.
Debt Coverage: SANM's debt is well covered by operating cash flow (99.5%).
Interest Coverage: SANM's interest payments on its debt are well covered by EBIT (19.5x coverage).