The company's financial profile has shifted materially, with total debt rising to $2.2 billion in 2026Q2 from $395 million in 2024Q4, resulting in a debt-to-equity ratio increase to 0.31.
| Metric | TTM | Sep'25 | Sep'24 | Sep'23 | Sep'22 | Sep'21 | Sep'20 | Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 | Sep'09 | Sep'08 | Sep'07 | Sep'06 | Sep'05 | Sep'04 | Sep'03 | Sep'02 | Sep'01 | Sep'00 | Sep'99 | Sep'98 | Sep'97 | Sep'96 |
|---|
| Total Current Assets | 7.61B | 4.87B | 3.87B | 3.88B | 3.89B | 3.28B | 2.82B | 2.92B | 3.01B | 2.62B | 2.38B | 2.4B | 2.45B | 2.2B | 2.33B | 2.63B | 2.59B | 2.48B | 2.8B | 3.42B | 3.49B | 3.75B | 4.22B | 4.17B | 4.16B | 2.58B | 2.59B | 885.2M | 342.3M | 234.3M | 185.3M |
| Cash & Short-Term Investments | 1.58B | 966.22M | 625.86M | 667.57M | 529.86M | 650.03M | 480.53M | 454.74M | 419.53M | 406.66M | 398.29M | 412.25M | 466.61M | 402.88M | 409.62M | 640.29M | 592.81M | 899.15M | 869.8M | 933.42M | 491.83M | 1.13B | 1.09B | 1.08B | 1.16B | 1.39B | 1.26B | 454.6M | 152.6M | 122.2M | 115M |
| Cash Only | 1.58B | 966.22M | 625.86M | 667.57M | 529.86M | 650.03M | 480.53M | 454.74M | 419.53M | 406.66M | 398.29M | 412.25M | 466.61M | 402.88M | 409.62M | 640.29M | 592.02M | 466.25M | 521.94M | 663.9M | 344.97M | 737.84M | 481.75M | 1.04B | 1.06B | 567.65M | 992.84M | 136.1M | 75.3M | 41.4M | 29.6M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 791K | 432.9M | 347.86M | 269.52M | 146.86M | 387.5M | 607.41M | 39.14M | 99.14M | 820.74M | 265.31M | 318.5M | 77.3M | 80.8M | 85.4M |
| Accounts Receivable | 2.23B | 1.83B | 1.72B | 1.68B | 1.61B | 1.54B | 1.44B | 1.52B | 1.18B | 1.11B | 973.68M | 936.95M | 979.48M | 944.82M | 1B | 1.01B | 1.02B | 668.47M | 969.56M | 1.22B | 1.53B | 1.48B | 1.67B | 1.58B | 1.39B | 502.95M | 714.51M | 335.29M | 133M | 77.3M | 30.4M |
| Days Sales Outstanding | 71.8 | 82 | 83.03 | 68.49 | 74.41 | 83.48 | 75.62 | 67.59 | 60.43 | 59 | 54.83 | 53.65 | 57.52 | 58.28 | 59.99 | 56.06 | 58.84 | 47.13 | 49.13 | 42.83 | 50.85 | 45.95 | 49.91 | 55.53 | 58.09 | 45.28 | 66.67 | 100.75 | 67.18 | 69.63 | 41.86 |
| Inventory | 3.03B | 1.99B | 1.44B | 1.48B | 1.68B | 1.04B | 861.28M | 900.56M | 1.37B | 1.05B | 946.24M | 918.73M | 893.18M | 781.56M | 826.54M | 891.33M | 844.35M | 761.39M | 813.36M | 1.06B | 1.32B | 1.02B | 1.06B | 977.8M | 1.12B | 503.82M | 572.1M | 206.3M | 69M | 49.5M | 32.1M |
| Days Inventory Outstanding | 84.96 | 97.92 | 76.06 | 65.82 | 84.23 | 60.9 | 48.87 | 43.01 | 75.46 | 60.46 | 57.88 | 56.93 | 56.93 | 51.96 | 53.32 | 53.4 | 52.81 | 57.24 | 44.45 | 39.35 | 46.57 | 33.4 | 33.54 | 36.05 | 48.87 | 52.35 | 63.59 | 78.23 | 44.66 | 58.21 | 58.15 |
| Other Current Assets | 779.51M | 84.7M | 79.3M | 58.25M | 62.04M | 53.95M | 0 | 40.95M | 43.68M | 47.59M | 57.45M | 129.98M | 0 | 0 | 0 | 0 | 134.24M | 147.03M | 143.56M | 203.8M | 154.4M | 129.39M | 400.49M | 362.12M | 312.18M | 159.9M | 87.19M | 44.17M | 23.3M | 94.2M | 92.2M |
| Total Non-Current Assets | 2.06B | 992.72M | 952.42M | 994.4M | 944.92M | 925.05M | 953.21M | 984.58M | 1.07B | 1.23B | 1.25B | 1.1B | 862.12M | 791.26M | 841.49M | 724.73M | 711.79M | 647.85M | 717.69M | 1.25B | 2.37B | 2.52B | 3.31B | 3.28B | 3.36B | 1.06B | 1.05B | 316.5M | 125.3M | 68.7M | 45.2M |
| Property, Plant & Equipment | 993.33M | 682.35M | 693.68M | 728.59M | 654.66M | 601M | 611.79M | 630.65M | 642.91M | 640.27M | 617.52M | 590.84M | 563.02M | 540.15M | 569.37M | 588.1M | 570.26M | 543.5M | 599.91M | 609.39M | 620.13M | 689.45M | 782.64M | 902.87M | 1.08B | 632.59M | 655.94M | 206.8M | 107.9M | 61.2M | 34.9M |
| Fixed Asset Turnover | 12.88x | 11.91x | 10.91x | 12.26x | 12.10x | 11.21x | 11.36x | 13.06x | 11.06x | 10.73x | 10.50x | 10.79x | 11.04x | 10.95x | 10.70x | 11.23x | 11.08x | 9.53x | 12.01x | 17.04x | 17.67x | 17.02x | 15.59x | 11.48x | 8.08x | 6.41x | 5.96x | 5.87x | 6.70x | 6.62x | 7.60x |
| Goodwill | 358.78M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22.8M | 0 | 0 | 510.67M | 1.61B | 1.69B | 2.25B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31.22M | 0 | 0 | 0 | 0 | 0 | 0 | 11.01M | 15.46M | 668.47M | 14.65M | 0 | 29.8M | 35.91M | 35.89M | 2.22B | 2.15B | 294.4M | 318.51M | 45.7M | 16.1M | 6M | 8M |
| Long-Term Investments | 14.68M | 10.11M | 21K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22.51M | 39.95M | 0 | 0 | 0 | 0 | 11M | 25.05M | 37.84M | 34.76M | 15.61M | 74M | 98.5M | 0 | 52.9M | 0 | 0 | 0 |
| Other Non-Current Assets | 379.12M | 129.03M | 98.01M | 88.21M | 80.7M | 88.94M | 67.95M | 74.13M | 52.45M | 114.28M | 117.73M | 81.83M | 299.1M | 228.6M | 232.17M | 125.62M | 103.26M | 94.92M | 103.14M | 116.78M | 83.21M | 69.57M | 89.24M | -281.64M | 34.54M | -29.45M | 79.75M | 64M | 1.3M | 1.5M | 2.3M |
| Total Assets | 9.67B | 5.86B | 4.82B | 4.87B | 4.84B | 4.21B | 3.77B | 3.91B | 4.09B | 3.85B | 3.63B | 3.49B | 3.31B | 3B | 3.17B | 3.35B | 3.3B | 3.12B | 3.51B | 4.67B | 5.86B | 6.27B | 7.53B | 7.45B | 7.52B | 3.64B | 3.64B | 1.2B | 467.6M | 303M | 230.5M |
| Asset Turnover | 1.48x | 1.39x | 1.57x | 1.83x | 1.64x | 1.60x | 1.84x | 2.11x | 1.74x | 1.79x | 1.79x | 1.82x | 1.88x | 1.98x | 1.92x | 1.97x | 1.91x | 1.66x | 2.05x | 2.22x | 1.87x | 1.87x | 1.62x | 1.39x | 1.17x | 1.11x | 1.07x | 1.01x | 1.55x | 1.34x | 1.15x |
| Asset Growth % | 231.8% | 21.47% | -1.05% | 0.79% | 14.95% | 11.51% | -3.4% | -4.4% | 6.18% | 6.13% | 3.78% | 5.44% | 10.59% | -5.43% | -5.55% | 1.58% | 5.69% | -11.1% | -24.75% | -20.34% | -6.49% | -16.77% | 1.11% | -0.9% | 106.52% | 0.02% | 202.86% | 156.99% | 54.32% | 31.45% | 22.54% |
| Total Current Liabilities | 4.44B | 2.82B | 1.94B | 2.03B | 2.47B | 1.76B | 1.52B | 1.68B | 2.4B | 1.62B | 1.4B | 1.38B | 1.53B | 1.21B | 1.22B | 1.27B | 1.25B | 1.2B | 1.22B | 1.8B | 1.97B | 2.07B | 2.79B | 2.04B | 2.05B | 492.34M | 712.5M | 217.4M | 114.8M | 60.3M | 40M |
| Accounts Payable | 2.51B | 1.58B | 1.44B | 1.61B | 2.04B | 1.46B | 1.21B | 1.34B | 1.55B | 1.28B | 1.12B | 1.04B | 1.14B | 956.49M | 937.74M | 984.01M | 923.04M | 780.88M | 891.4M | 1.45B | 1.49B | 1.56B | 1.63B | 1.51B | 1.28B | 332.47M | 541.27M | 280.91M | 89M | 56.3M | 24.4M |
| Days Payables Outstanding | 69.21 | 77.75 | 75.97 | 71.86 | 102.11 | 86.06 | 68.66 | 63.85 | 84.98 | 73.6 | 68.58 | 64.15 | 72.65 | 63.59 | 60.5 | 58.96 | 57.73 | 58.71 | 48.72 | 53.86 | 52.79 | 51.3 | 51.38 | 55.57 | 55.68 | 34.55 | 60.16 | 106.52 | 57.61 | 66.2 | 44.2 |
| Short-Term Debt | 172M | 39.23M | 39.77M | 48.29M | 34.2M | 35.97M | 35.41M | 38.35M | 593.32M | 88.42M | 28.42M | 113.42M | 157.39M | 22.3M | 59.99M | 60.2M | 65M | 175.7M | 0 | 0 | 100.14M | 1.44M | 609.75M | 3.49M | 265.9M | 15.8M | 11.73M | 1.6M | 5.9M | 100K | 0 |
| Deferred Revenue (Current) | 3.89B | 878.47M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 312.18M | -15.73M | 122.12M | 27M | 0 | 0 | 0 |
| Other Current Liabilities | 3.04B | 157.88M | 325.8M | 244.8M | 264.9M | 144.68M | 155.1M | 180.11M | 136.43M | 116.58M | 124.39M | 111.42M | 0 | 0 | 0 | 0 | 140.37M | 111.85M | 156.72M | 153.71M | 168M | 196.66M | 197.55M | 0 | 0 | 0 | -211.49M | -92.11M | 19.9M | 3.9M | 15.6M |
| Current Ratio | 1.71x | 1.72x | 1.99x | 1.91x | 1.57x | 1.86x | 1.85x | 1.74x | 1.26x | 1.62x | 1.70x | 1.74x | 1.60x | 1.83x | 1.91x | 2.08x | 2.07x | 2.07x | 2.29x | 1.90x | 1.77x | 1.81x | 1.52x | 2.05x | 2.02x | 5.25x | 3.63x | 4.07x | 2.98x | 3.89x | 4.63x |
| Quick Ratio | 1.03x | 1.02x | 1.25x | 1.18x | 0.89x | 1.27x | 1.29x | 1.20x | 0.68x | 0.97x | 1.02x | 1.07x | 1.02x | 1.18x | 1.23x | 1.37x | 1.40x | 1.43x | 1.62x | 1.31x | 1.10x | 1.32x | 1.13x | 1.57x | 1.48x | 4.22x | 2.83x | 3.12x | 2.38x | 3.06x | 3.83x |
| Cash Conversion Cycle | 87.54 | 102.17 | 83.12 | 62.44 | 56.54 | 58.32 | 55.83 | 46.75 | 50.91 | 45.87 | 44.14 | 46.42 | 41.8 | 46.65 | 52.82 | 50.51 | 53.92 | 45.66 | 44.87 | 28.31 | 44.63 | 28.05 | 32.07 | 36.02 | 51.29 | 63.09 | 70.1 | 72.46 | 54.24 | 61.63 | 55.8 |
| Total Non-Current Liabilities | 2B | 497M | 520.66M | 522.01M | 544.57M | 565.1M | 620.15M | 579.92M | 210.39M | 583.64M | 614.16M | 592.24M | 532.2M | 697.56M | 984.46M | 1.32B | 1.39B | 1.38B | 1.6B | 1.7B | 1.62B | 1.81B | 1.39B | 2.09B | 2.05B | 1.31B | 1.23B | 358M | 8.7M | 86.8M | 86.8M |
| Long-Term Debt | 2B | 319M | 299.82M | 312.33M | 329.24M | 311.57M | 329.25M | 346.97M | 14.35M | 391.45M | 434.06M | 423.95M | 386.68M | 562.51M | 837.36M | 1.18B | 1.24B | 1.26B | 1.48B | 1.59B | 1.51B | 1.64B | 1.31B | 1.93B | 1.98B | 1.22B | 1.14B | 729.56M | 5.8M | 86.3M | 86.3M |
| Capital Lease Obligations | 220.38M | 36.02M | 44.51M | 60.66M | 48.57M | 38.59M | 37.02M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 90.29M | 17.18M | 61M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 141.98M | 176.32M | 149.02M | 166.77M | 214.94M | 253.89M | 232.95M | 196.05M | 192.19M | 180.1M | 168.29M | 145.52M | 135.05M | 147.09M | 135.26M | 148.19M | 122.83M | 114.09M | 103.95M | 100.37M | 127.19M | 94.49M | 134.38M | 56.84M | 27.41M | 81.55M | -371.56M | 2.9M | 500K | 500K |
| Total Liabilities | 2.62B | 3.32B | 2.46B | 2.56B | 3.02B | 2.33B | 2.14B | 2.26B | 2.61B | 2.2B | 2.02B | 1.97B | 2.07B | 1.9B | 2.2B | 2.58B | 2.64B | 2.58B | 2.82B | 3.5B | 3.59B | 3.89B | 4.18B | 4.13B | 4.1B | 1.8B | 1.94B | 575.4M | 123.5M | 147.1M | 126.8M |
| Total Debt | 2.17B | 394.24M | 384.11M | 421.28M | 412M | 386.13M | 401.67M | 385.32M | 607.67M | 479.86M | 462.48M | 537.37M | 544.08M | 584.81M | 897.36M | 1.24B | 1.31B | 1.44B | 1.48B | 1.59B | 1.61B | 1.67B | 1.91B | 1.93B | 2.24B | 1.23B | 1.16B | 356.9M | 8.7M | 86.4M | 86.3M |
| Net Debt | 596.25M | -571.98M | -241.75M | -246.29M | -117.86M | -263.9M | -78.85M | -69.42M | 188.14M | 73.2M | 64.19M | 125.11M | 77.47M | 181.94M | 487.74M | 602.22M | 713.64M | 971.46M | 960.04M | 924.17M | 1.26B | 930.37M | 1.43B | 885.27M | 1.18B | 666.76M | 162.83M | 220.8M | -66.6M | 45M | 56.7M |
| Debt / Equity | 0.31x | 0.16x | 0.16x | 0.18x | 0.23x | 0.21x | 0.25x | 0.23x | 0.41x | 0.29x | 0.29x | 0.35x | 0.44x | 0.54x | 0.93x | 1.61x | 1.97x | 2.65x | 2.13x | 1.35x | 0.71x | 0.70x | 0.57x | 0.58x | 0.66x | 0.67x | 0.68x | 0.57x | 0.03x | 0.55x | 0.83x |
| Debt / EBITDA | 4.01x | 0.83x | 0.84x | 0.73x | 0.90x | 1.06x | 1.20x | 1.31x | 2.55x | 1.39x | 1.37x | 2.62x | 2.70x | 3.67x | 6.38x | 5.76x | 6.27x | 8929.90x | - | - | 8.38x | - | 6.43x | 13.33x | - | 5.05x | 2.37x | 1.92x | 0.06x | 1.08x | 1.62x |
| Net Debt / EBITDA | 1.10x | -1.21x | -0.53x | -0.43x | -0.26x | -0.72x | -0.24x | -0.24x | 0.79x | 0.21x | 0.19x | 0.61x | 0.38x | 1.14x | 3.47x | 2.79x | 3.43x | 6033.93x | - | - | 6.58x | - | 4.81x | 6.12x | - | 2.73x | 0.33x | 1.19x | -0.49x | 0.56x | 1.06x |
| Interest Coverage | 6.35x | 80.01x | 11.88x | 12.38x | 14.45x | 15.41x | 7.65x | 9.75x | 6.46x | 10.39x | 9.17x | 8.37x | 6.25x | 3.52x | 1.70x | 2.00x | 2.29x | 0.04x | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 7.05B | 2.54B | 2.36B | 2.32B | 1.82B | 1.88B | 1.63B | 1.64B | 1.47B | 1.65B | 1.61B | 1.52B | 1.25B | 1.09B | 963.78M | 770.52M | 661.6M | 543.14M | 695.96M | 1.17B | 2.27B | 2.38B | 3.35B | 3.32B | 3.41B | 1.84B | 1.7B | 626.3M | 344.1M | 155.9M | 103.7M |
| Equity Growth % | 217.6% | 7.52% | 1.85% | 27.43% | -3.15% | 15.26% | -0.77% | 11.52% | -10.61% | 2.35% | 5.88% | 21.95% | 14.22% | 13.26% | 25.08% | 16.46% | 21.81% | -21.96% | -40.68% | -48.33% | -4.75% | -28.94% | 0.95% | -2.68% | 85.48% | 8.2% | 171.67% | 82.01% | 120.72% | 50.34% | 54.32% |
| Book Value per Share | 127.53 | 46.02 | 41.45 | 38.76 | 28.83 | 27.31 | 23.02 | 22.92 | 21.09 | 21.09 | 20.43 | 17.75 | 14.37 | 12.78 | 11.54 | 9.27 | 8.02 | 6.58 | 7.87 | 13.35 | 25.90 | 27.53 | 38.99 | 39.09 | 42.51 | 33.45 | 30.26 | 12.51 | 7.21 | 5.47 | 3.57 |
| Total Shareholders' Equity | 7.05B | 2.35B | 2.2B | 2.17B | 1.82B | 1.88B | 1.63B | 1.64B | 1.47B | 1.65B | 1.61B | 1.52B | 1.25B | 1.09B | 963.78M | 770.52M | 661.6M | 543.14M | 695.96M | 1.17B | 2.27B | 2.38B | 3.35B | 3.32B | 3.41B | 1.84B | 1.7B | 626.3M | 344.1M | 155.9M | 103.7M |
| Common Stock | 0 | 534K | 539K | 568K | 574K | 643K | 650K | 697K | 678K | 717K | 730K | 781K | 822K | 842K | 817K | 807K | 797K | 5.5M | 5.5M | 5.49M | 5.52M | 5.46M | 5.42M | 5.3M | 5.25M | 3.22M | 1.52M | 600K | 500K | 200K | 200K |
| Retained Earnings | 0 | -2.46B | -2.71B | -2.93B | -3.24B | -3.45B | -3.72B | -3.86B | -4.03B | -3.98B | -4.12B | -4.31B | -4.68B | -4.88B | -4.96B | -5.14B | -5.21B | -5.31B | -5.17B | -4.69B | -3.54B | -3.4B | -2.21B | -2.2B | -2.07B | 631.38M | 570.58M | 335.4M | 148.6M | 82.9M | 42M |
| Treasury Stock | 0 | -1.9B | -1.74B | -1.49B | -1.38B | -1.05B | -983.14M | -804.12M | -791.37M | -633.74M | -456.8M | -314.55M | -216.86M | -215.66M | -214.13M | -213.83M | -214.53M | -213.72M | -184.72M | -185.54M | -186.36M | -188.52M | -188.61M | -188.62M | -190.26M | -45.89M | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 69.62M | 66.74M | 70.88M | 56.33M | 40.69M | 34.89M | 42.26M | 73.94M | 76.79M | 65.38M | 66.57M | 82.92M | 84.3M | 63.48M | 70.74M | 54.22M | 52.35M | 55.78M | 61.06M | 47.16M | 46.47M | 38.45M | 16.34M | -10.3M | -13.7M | -10.38M | -1M | 400K | 100K | -24.3M |
| Minority Interest | 0 | 185.26M | 164.89M | 149.68M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Sudden debt load increase
According to the most recent quarterly filings, Sanmina's total assets surged to $9.7 billion in 2026Q2 from $4.8 billion in 2024Q4, a rapid expansion that coincides with a notable increase in total debt from $395 million to $2.2 billion over the same period.
The dramatic shift in the balance sheet structure suggests a pivot toward more aggressive capital deployment or a significant acquisition-led strategy. Investors should monitor whether this rapid accumulation of debt will pressure future interest coverage ratios or if it represents a strategic investment in long-term manufacturing capacity.
As reported in financial statements, Sanmina's debt-to-equity ratio climbed from a conservative 0.17 in 2024Q2 to 0.31 by 2026Q2, reflecting a fundamental change in the company's approach to financing its operations and potential expansion efforts compared to its historical baseline.
While a 0.31 debt-to-equity ratio remains manageable by industrial standards, the rapid transition from a near-zero leverage profile warrants caution. This increase may indicate that the company is utilizing external financing to fund the working capital requirements necessitated by its recent revenue acceleration.
Based on reported figures, Sanmina maintained a current ratio of 1.71 in 2026Q2, which, while lower than the 2.00 level observed in 2024Q2, continues to provide a sufficient cushion to cover short-term obligations despite the significant increase in total liabilities to $2.6 billion.
The compression in the current ratio suggests that the company is deploying its liquid assets more aggressively to support its expanding operational footprint. The $1.6 billion cash position remains a strong defensive buffer, though its relative stability against rising debt levels suggests a shift in capital allocation priorities.
Analysis of the balance sheet reveals that deferred revenue has grown to $1.2 billion in 2026Q2 from zero in 2024Q4, a development that may mask the true underlying cash-generating capacity of the company's current project pipeline as reported in recent SEC filings.
The emergence of substantial deferred revenue suggests that the company is increasingly reliant on long-term contract structures that decouple cash receipts from revenue recognition. This accounting nuance may lead to periods of reported growth that do not align with immediate cash flow, potentially misleading investors regarding the timing of actual economic gains.
Quick answers to the most common questions about buying SANM stock.
As of 2025, Sanmina Corporation (SANM) had total assets of $5.86B including $4.87B in current assets.
Sanmina Corporation (SANM) carries total debt of $394.2M, offset by $966.2M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Sanmina Corporation (SANM) has total shareholders' equity (book value) of $2.35B ($46.02 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Sanmina Corporation (SANM) reported a current ratio of 1.72x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.