Smith Micro Software Inc Financials
Smith Micro Software Inc (SMSI) reported $17.4M in revenue for fiscal year 2025, down 15.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Persistent high gross margins cannot offset a shrinking revenue base, leaving Smith Micro dependent on financing to fund operating losses.
From FY2021 to FY2025, revenue fell from$58.4M to$17.4M while gross margin stayed between70.2% and78.3% ; the delivery economics remained comparatively stable, but the business lost the scale needed to support itself. In FY2025, the near-breakeven reported net loss contrasted with an operating loss of-$29.0M and operating cash flow of-$7.2M , making net income a poor standalone measure of operating performance.
FY2025 gross profit of
Liquidity is tightening: FY2025 cash of
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Smith Micro Software Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Smith Micro Software Inc passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). No profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
Smith Micro Software Inc reported a net loss of $30K while operations used $7.2M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Smith Micro Software Inc reported an operating loss of $29.0M against $407K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Smith Micro Software Inc generated $17.4M in revenue in fiscal year 2025. This represents a decrease of 15.5% from the prior year.
Smith Micro Software Inc's EBITDA was -$23.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 45.2% from the prior year.
Smith Micro Software Inc reported -$30K in net income in fiscal year 2025. This represents an increase of 38.2% from the prior year.
Smith Micro Software Inc earned -$1.46 per diluted share (EPS) in fiscal year 2025.
Cash & Balance Sheet
Smith Micro Software Inc recorded an outflow of $7.3M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents an increase of 49.1% from the prior year.
Smith Micro Software Inc held $1.5M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
Smith Micro Software Inc's gross margin was 74.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 3.9 percentage points from the prior year.
Smith Micro Software Inc's net profit margin was -0.2% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.1 percentage points from the prior year.
Smith Micro Software Inc's ROE was -0.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. That is unchanged from the prior year.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Smith Micro Software Inc invested $10.7M in research and development in fiscal year 2025. This represents a decrease of 23.9% from the prior year.
Smith Micro Software Inc invested $88K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 340.0% from the prior year.
Not reported for fiscal year 2025.
SMSI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.9M | $17.4M-15.5% | $20.6M-49.7% | $40.9M-15.8% | $48.5M-17.0% | $58.4M+13.9% | $51.3M+18.4% | $43.3M+64.9% | $26.3M+14.4% | $23.0M-18.6% | $28.2M-28.5% | $39.5M+6.8% | $37.0M-13.3% | $42.7M-1.5% | $43.3M-25.0% | $57.8M |
| Cost of Revenue | $3.8M | $4.5M-26.5% | $6.1M-42.0% | $10.6M-25.7% | $14.2M+11.9% | $12.7M+144.7% | $5.2M+32.2% | $3.9M-9.4% | $4.3M-14.7% | $5.1M-32.8% | $7.6M-7.2% | $8.2M-12.5% | $9.3M-4.0% | $9.7M+14.9% | $8.4M-38.6% | $13.8M |
| Gross Profit | $13.1M | $12.9M-10.9% | $14.4M-52.4% | $30.3M-11.7% | $34.3M-25.0% | $45.7M-0.8% | $46.1M+17.0% | $39.4M+79.6% | $22.0M+22.7% | $17.9M-13.4% | $20.7M-34.1% | $31.4M+13.4% | $27.7M-16.1% | $33.0M-5.5% | $34.9M-20.7% | $44.0M |
| R&D Expenses | $8.3M | $10.7M-23.9% | $14.1M-17.8% | $17.1M-41.7% | $29.4M+12.2% | $26.2M+47.4% | $17.8M+52.1% | $11.7M+35.8% | $8.6M-3.9% | $9.0M-43.7% | $15.9M+14.7% | $13.9M-2.3% | $14.2M-33.4% | $21.3M-14.0% | $24.8M-40.6% | $41.7M |
| SG&A Expenses | $8.7M | $10.0M-5.4% | $10.6M-17.2% | $12.8M-17.6% | $15.5M-13.5% | $17.9M+40.0% | $12.8M+29.0% | $9.9M+15.3% | $8.6M+0.7% | $8.6M-17.3% | $10.3M-7.1% | $11.1M-15.8% | $13.2M-27.4% | $18.2M-9.9% | $20.2M-20.0% | $25.3M |
| Operating Income | -$14.6M | -$29.0M+41.3% | -$49.4M-173.6% | -$18.1M+41.6% | -$30.9M0.0% | -$30.9M-978.7% | $3.5M-65.2% | $10.1M+932.4% | -$1.2M+78.6% | -$5.7M+64.3% | -$15.9M-526.7% | -$2.5M+78.4% | -$11.7M+57.8% | -$27.8M-3.1% | -$27.0M+83.7% | -$165.7M |
| Interest Expense | $1.1M | $407K+463.4% | -$112K+98.2% | -$6.4M-137.1% | -$2.7M-7982.4% | $34K-64.6% | $96K-57.9% | $228K+148.3% | -$472K+57.9% | -$1.1M-257.8% | -$313K-31400.0% | $1K+120.0% | -$5K | N/A | N/A | N/A |
| Income Tax | -$77K | -$76K-484.6% | -$13K-108.2% | $158K-30.1% | $226K+5.1% | $215K+34.4% | $160K+100.0% | $80K+515.4% | $13K+102.4% | -$546K-138.4% | -$229K-436.8% | $68K+38.8% | $49K-68.0% | $153K+165.4% | -$234K+96.1% | -$5.9M |
| Net Income | $13.7M | -$30K+38.2% | -$49K-99.6% | -$24K+99.9% | -$29.3M+5.7% | -$31.0M-845.3% | $4.2M-61.2% | $10.7M+491.3% | -$2.7M+58.9% | -$6.7M+56.6% | -$15.3M-489.7% | -$2.6M+77.9% | -$11.8M+57.8% | -$28.0M-9.8% | -$25.5M+84.0% | -$159.6M |
| EPS (Diluted) | — | -$1.46 | -$3.94 | -$3.01 | -$0.53+13.1% | -$0.61-710.0% | $0.10-65.5% | $0.29 | -$0.14 | -$0.49+61.7% | -$1.28-456.5% | -$0.23 | -$1.16 | -$0.76-7.0% | -$0.71+84.2% | -$4.48 |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
SMSI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $25.0M-48.0% | $48.0M-43.9% | $85.6M-17.4% | $103.6M-9.5% | $114.5M+57.1% | $72.9M+19.1% | $61.2M+142.8% | $25.2M+81.6% | $13.9M-3.0% | $14.3M-41.5% | $24.5M-10.6% | $27.4M-13.2% | $31.5M-42.0% | $54.4M-32.0% | $79.9M |
| Current Assets | $4.5M-54.7% | $10.0M-40.8% | $16.9M-36.3% | $26.5M-7.5% | $28.7M-27.1% | $39.3M-1.7% | $40.0M+99.0% | $20.1M+153.4% | $7.9M+0.1% | $7.9M-63.7% | $21.8M-4.6% | $22.8M-6.0% | $24.3M-43.5% | $43.0M-33.1% | $64.2M |
| Cash & Equivalents | $1.5M-46.8% | $2.8M-60.6% | $7.1M-49.2% | $14.0M-12.8% | $16.1M-37.6% | $25.8M-8.9% | $28.3M+132.5% | $12.2M+451.4% | $2.2M-1.1% | $2.2M-74.7% | $8.8M-13.2% | $10.2M-13.6% | $11.8M-37.7% | $18.9M+152.5% | $7.5M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $12K-69.2% | $39K-59.8% | $97K-41.9% | $167K-5.1% | $176K-43.0% | $309K |
| Accounts Receivable | $1.8M-68.2% | $5.7M-27.7% | $7.9M-24.7% | $10.5M-0.8% | $10.6M-14.2% | $12.3M+13.3% | $10.9M+52.8% | $7.1M+38.6% | $5.1M+3.7% | $5.0M-39.1% | $8.1M-0.9% | $8.2M+8.6% | $7.6M-15.5% | $9.0M+5.0% | $8.5M |
| Goodwill | $0-100.0% | $11.1M-68.5% | $35.0M0.0% | $35.0M0.0% | $35.0M+185.7% | $12.3M+57.3% | $7.8M+111.6% | $3.7M0.0% | $3.7M0.0% | $3.7M | N/A | N/A | N/A | N/A | $0 |
| Total Liabilities | $6.6M-9.7% | $7.3M-28.4% | $10.2M-62.6% | $27.2M+95.0% | $14.0M-1.7% | $14.2M+13.4% | $12.5M+169.7% | $4.6M-50.2% | $9.3M-17.2% | $11.2M+7.7% | $10.4M-16.3% | $12.5M-6.6% | $13.4M+13.9% | $11.7M-22.2% | $15.1M |
| Current Liabilities | $6.1M+8.3% | $5.7M-26.1% | $7.6M-63.1% | $20.7M+121.3% | $9.4M+11.9% | $8.4M+46.3% | $5.7M+69.1% | $3.4M-29.8% | $4.8M-12.6% | $5.5M-23.6% | $7.2M-18.5% | $8.8M-10.0% | $9.8M+19.3% | $8.2M-28.5% | $11.5M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $3.8M+46.2% | $2.6M | N/A | N/A | N/A | N/A | $3.5M |
| Total Equity | $18.4M-54.9% | $40.8M-45.9% | $75.4M-1.3% | $76.4M-24.0% | $100.6M+71.3% | $58.7M+20.6% | $48.7M+136.8% | $20.6M+350.3% | $4.6M+49.3% | $3.1M-78.2% | $14.0M-5.9% | $14.9M-18.0% | $18.2M-57.4% | $42.7M-34.2% | $64.9M |
| Retained Earnings | N/A | -$354.6M-15.9% | -$305.9M-8.7% | -$281.6M-11.6% | -$252.3M-14.0% | -$221.2M+1.8% | -$225.4M+4.5% | -$236.1M-1.4% | -$232.9M-3.0% | -$226.2M-7.3% | -$210.9M-1.2% | -$208.3M-6.0% | -$196.5M-16.6% | -$168.5M-17.8% | -$143.1M |
SMSI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$9.0M | -$7.2M+49.7% | -$14.3M-105.0% | -$7.0M+63.8% | -$19.3M-49.1% | -$12.9M-263.0% | $7.9M-20.7% | $10.0M+447.5% | -$2.9M+61.3% | -$7.4M+35.5% | -$11.5M-20814.5% | -$55K+99.2% | -$6.8M+58.7% | -$16.6M-29.4% | -$12.8M+5.5% | -$13.5M |
| Capital Expenditures | $129K | $88K+340.0% | $20K+400.0% | $4K-91.8% | $49K-94.1% | $830K-37.3% | $1.3M-20.3% | $1.7M+859.0% | $173K+124.7% | $77K-84.6% | $500K+303.2% | $124K-42.6% | $216K-73.9% | $829K+157.5% | $322K-97.6% | $13.4M |
| Free Cash Flow | -$9.1M | -$7.3M+49.1% | -$14.3M-105.2% | -$7.0M+63.9% | -$19.3M-40.5% | -$13.7M-308.2% | $6.6M-20.7% | $8.3M+373.4% | -$3.0M+59.4% | -$7.5M+37.5% | -$12.0M-6605.6% | -$179K+97.5% | -$7.1M+59.4% | -$17.4M-32.6% | -$13.1M+51.3% | -$27.0M |
| Investing Cash Flow | $220K | $1.2M+573.6% | $178K+34.8% | $132K+14.8% | $115K+100.2% | -$57.5M-291.7% | -$14.7M-178.9% | -$5.3M-2942.2% | -$173K-124.7% | -$77K | N/A | N/A | N/A | $9.4M-62.1% | $24.9M+807.5% | $2.7M |
| Financing Cash Flow | $10.1M | $4.7M-52.2% | $9.8M+16433.3% | -$60K-100.4% | $17.1M-71.9% | $60.7M+1331.6% | $4.2M-62.7% | $11.4M-12.4% | $13.0M+74.0% | $7.5M | N/A | N/A | N/A | $36K+105.4% | -$671K-257.9% | $425K |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $753K | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
SMSI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 74.1%+3.9pp | 70.2%-4.0pp | 74.2%+3.5pp | 70.7%-7.6pp | 78.3%-11.6pp | 89.9%-1.1pp | 90.9%+7.4pp | 83.5%+5.6pp | 77.9%+4.7pp | 73.2%-6.2pp | 79.4%+4.6pp | 74.8%-2.4pp | 77.3%-3.3pp | 80.5%+4.3pp | 76.2% |
| Operating Margin | -167.1% | -240.3% | -44.2%+19.6pp | -63.7%-10.8pp | -53.0%-59.8pp | 6.9%-16.4pp | 23.3%+27.9pp | -4.6%+20.1pp | -24.7%+31.6pp | -56.3%-49.9pp | -6.4%+25.3pp | -31.8%+33.5pp | -65.2%-2.9pp | -62.3% | -286.8% |
| Net Margin | -0.2%+0.1pp | -0.2%-0.2pp | -0.1%+60.3pp | -60.4%-7.2pp | -53.1%-61.3pp | 8.1%-16.6pp | 24.7%+35.2pp | -10.4%+18.6pp | -29.0%+25.4pp | -54.3%-47.8pp | -6.6%+25.3pp | -31.9%+33.6pp | -65.5%-6.7pp | -58.8% | -276.3% |
| Return on Equity | -0.2%0.0pp | -0.1%-0.1pp | 0.0%+38.3pp | -38.3%-7.5pp | -30.9%-38.0pp | 7.1%-14.9pp | 22.0%+35.3pp | -13.3%+132.5pp | -145.8%+355.7pp | -501.6%-483.0pp | -18.6%+60.6pp | -79.2%+74.7pp | -153.8%-94.1pp | -59.7%+186.4pp | -246.1% |
| Return on Assets | -0.1%0.0pp | -0.1%-0.1pp | 0.0%+28.2pp | -28.3%-1.2pp | -27.1%-32.8pp | 5.7%-11.8pp | 17.5%+28.4pp | -10.9%+37.1pp | -48.0%+59.2pp | -107.2%-96.6pp | -10.6%+32.5pp | -43.1%+45.5pp | -88.6%-41.8pp | -46.8%+152.8pp | -199.7% |
| Current Ratio | 0.74-1.0x | 1.77-0.4x | 2.21+0.9x | 1.28-1.8x | 3.06-1.6x | 4.69-2.3x | 6.99+1.0x | 5.94+4.3x | 1.65+0.2x | 1.44-1.6x | 3.02+0.4x | 2.58+0.1x | 2.47-2.7x | 5.22-0.4x | 5.57 |
| Debt-to-Equity | 0.36+0.2x | 0.180.0x | 0.14-0.2x | 0.36+0.2x | 0.14-0.1x | 0.240.0x | 0.260.0x | 0.23-0.6x | 0.830.0x | 0.85+0.1x | 0.74-0.1x | 0.84+0.1x | 0.74+0.5x | 0.28+0.2x | 0.05 |
| FCF Margin | -41.9%+27.7pp | -69.6%-52.6pp | -17.1%+22.7pp | -39.8%-16.3pp | -23.5%-36.4pp | 12.9%-6.3pp | 19.2%+30.8pp | -11.6%+21.0pp | -32.6%+9.9pp | -42.5%-42.1pp | -0.4%+18.7pp | -19.1%+21.7pp | -40.8%-10.5pp | -30.3%+16.4pp | -46.7% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Note: The current ratio is below 1.0 (0.74), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Where Smith Micro Software Inc Ranks
Frequently Asked Questions
What is Smith Micro Software Inc's annual revenue?
Smith Micro Software Inc (SMSI) reported $17.4M in total revenue for fiscal year 2025. This represents a -15.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Smith Micro Software Inc's revenue growing?
Smith Micro Software Inc (SMSI) revenue declined by 15.5% year-over-year, from $20.6M to $17.4M in fiscal year 2025.
Is Smith Micro Software Inc profitable?
No, Smith Micro Software Inc (SMSI) reported a net income of -$30K in fiscal year 2025, with a net profit margin of -0.2%.
What is Smith Micro Software Inc's EBITDA?
Smith Micro Software Inc (SMSI) had EBITDA of -$23.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Smith Micro Software Inc's gross margin?
Smith Micro Software Inc (SMSI) had a gross margin of 74.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Smith Micro Software Inc's net profit margin?
Smith Micro Software Inc (SMSI) had a net profit margin of -0.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Smith Micro Software Inc's return on equity (ROE)?
Smith Micro Software Inc (SMSI) has a return on equity of -0.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Smith Micro Software Inc's free cash flow?
Smith Micro Software Inc (SMSI) recorded an outflow of $7.3M in free cash flow during fiscal year 2025. This represents a 49.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Smith Micro Software Inc's operating cash flow?
Smith Micro Software Inc (SMSI) recorded an outflow of $7.2M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Smith Micro Software Inc's total assets?
Smith Micro Software Inc (SMSI) had $25.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Smith Micro Software Inc's capital expenditures?
Smith Micro Software Inc (SMSI) invested $88K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Smith Micro Software Inc spend on research and development?
Smith Micro Software Inc (SMSI) invested $10.7M in research and development during fiscal year 2025.
What is Smith Micro Software Inc's current ratio?
Smith Micro Software Inc (SMSI) had a current ratio of 0.74 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Smith Micro Software Inc's debt-to-equity ratio?
Smith Micro Software Inc (SMSI) had a debt-to-equity ratio of 0.36 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Smith Micro Software Inc's return on assets (ROA)?
Smith Micro Software Inc (SMSI) had a return on assets of -0.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Smith Micro Software Inc's cash runway?
Based on fiscal year 2025 data, Smith Micro Software Inc (SMSI) had $1.5M in cash against an annual operating cash burn of $7.2M. This gives an estimated cash runway of approximately 2 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Smith Micro Software Inc's Piotroski F-Score?
Smith Micro Software Inc (SMSI) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Smith Micro Software Inc's earnings high quality?
Smith Micro Software Inc (SMSI) reported a net loss of $30K while operations used $7.2M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Smith Micro Software Inc cover its interest payments?
Smith Micro Software Inc (SMSI) reported an operating loss of $29.0M against $407K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Smith Micro Software Inc?
Smith Micro Software Inc (SMSI) scores 30 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.