To the full analysis
Scotts Miracle-Gro stock: balance sheet and debt
SMGScotts Miracle-Gro has a debt to equity ratio of −5.44 and an interest coverage of 3.5x.
Daily figure as of 13 Nov 2026
Debt / Equity
−5.44
Interest coverage
3.5x
Current ratio
1.22
Cash & equivalents
$7.4M
Total assets
$2.74B
Equity ratio
−13.6%
Goodwill
$243.9M
Plus intangible assets of $349M
Net debt
$2.02B
Total assets and equity ratio
How large the balance sheet of The Scotts Miracle-Gro Company is, how much of it is equity and how much is goodwill from acquisitions.
Equity ratio
Figures as a table
| Year | Total assets | Goodwill and intangible assets | of which goodwill | Equity ratio | Net debt |
|---|---|---|---|---|---|
| 2007 | $2.28B | $881.7M | $462.9M | 21.0% | $1.05B |
| 2008 | $2.16B | $744.9M | $377.7M | 20.3% | $914.8M |
| 2009 | $2.22B | $739.4M | $375.2M | 26.3% | $738.5M |
| 2010 | $2.16B | $703M | $372.8M | 35.3% | $542.6M |
| 2011 | $2.04B | $628.7M | $309.1M | 27.4% | $664.1M |
| 2012 | $2.07B | $616.5M | $309.4M | 29.0% | $650.7M |
| 2013 | $1.94B | $599.5M | $315.1M | 36.7% | $440.7M |
| 2014 | $2.06B | $653.6M | $353.3M | 28.2% | $695M |
| 2015 | $2.53B | $1.1B | $432.4M | 25.5% | $1.09B |
| 2016 | $2.81B | $1.12B | $373.2M | 26.7% | $1.27B |
| 2017 | $2.75B | $1.19B | $441.6M | 24.6% | $1.28B |
| 2018 | $3.05B | $1.4B | $543M | 11.9% | $1.98B |
| 2019 | $3.03B | $1.25B | $538.7M | 24.0% | $1.63B |
| 2020 | $3.38B | $1.22B | $544.1M | 20.8% | $1.67B |
| 2021 | $4.8B | $1.31B | $605.2M | 21.1% | $2.35B |
| 2022 | $4.3B | $834.2M | $254M | 3.4% | $3.18B |
| 2023 | $3.41B | $680.6M | $243.9M | −7.8% | $2.87B |
| 2024 | $2.87B | $662.7M | $243.9M | −13.6% | $2.45B |
| 2025 | $2.74B | $645.7M | $243.9M | −13.0% | $2.34B |
| 2026 | $2.74B | $592.9M | $243.9M | −13.6% | $2.02B |
The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt.
Equity and debt
What the company owns and owes
- Cash & equivalents
- Equity
- Debt
Figures as a table
| Year | Cash & equivalents | Equity | Debt | Debt / Equity |
|---|---|---|---|---|
| 2007 | $67.9M | $479.3M | $1.12B | 2.33 |
| 2008 | $84.7M | $436.7M | $999.5M | 2.29 |
| 2009 | $71.6M | $584.5M | $810.1M | 1.39 |
| 2010 | $89.1M | $764.5M | $631.7M | 0.83 |
| 2011 | $130.9M | $559.8M | $795M | 1.42 |
| 2012 | $131.9M | $601.9M | $782.6M | 1.3 |
| 2013 | $129.8M | $710.5M | $570.5M | 0.8 |
| 2014 | $89.3M | $567.2M | $784.3M | 1.35 |
| 2015 | $71.4M | $633.1M | $1.16B | 1.8 |
| 2016 | $50.1M | $730.2M | $1.32B | 1.76 |
| 2017 | $120.5M | $661.7M | $1.4B | 2.08 |
| 2018 | $33.9M | $359.6M | $2.02B | 5.53 |
| 2019 | $18.8M | $723.2M | $1.65B | 2.27 |
| 2020 | $16.6M | $697.2M | $1.68B | 2.39 |
| 2021 | $244.1M | $1.01B | $2.6B | 2.56 |
| 2022 | $86.8M | $147.7M | $3.27B | 22.14 |
| 2023 | $31.9M | −$267.3M | $2.91B | −10.87 |
| 2024 | $71.6M | −$390.6M | $2.52B | −6.45 |
| 2025 | $36.6M | −$357.5M | $2.38B | −6.66 |
| 2026 | $7.4M | −$372.4M | $2.03B | −5.44 |
Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 30 Sep 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 21 Oct 2026)
- Valuation signal Fairly valued since 11 Nov 2026, previously Undervalued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.