SMX (Security Matters) Balance Sheet Health
Financial Health criteria checks 1/6
SMX (Security Matters) has a total shareholder equity of $30.4M and total debt of $3.9M, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are $50.6M and $20.2M respectively.
Key information
12.9%
Debt to equity ratio
US$3.93m
Debt
| Interest coverage ratio | n/a |
| Cash | US$168.00k |
| Equity | US$30.36m |
| Total liabilities | US$20.20m |
| Total assets | US$50.56m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMX's short term assets ($373.0K) do not cover its short term liabilities ($19.8M).
Long Term Liabilities: SMX's short term assets ($373.0K) do not cover its long term liabilities ($388.0K).
Debt to Equity History and Analysis
Debt Level: SMX's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: SMX's debt to equity ratio has increased from 7.7% to 12.9% over the past 5 years.
Debt Coverage: SMX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SMX's interest payments on its debt are well covered by EBIT.