Soitec Balance Sheet Health
Financial Health criteria checks 6/6
Soitec has a total shareholder equity of €1.5B and total debt of €579.7M, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are €2.7B and €1.2B respectively. Soitec's EBIT is €205.3M making its interest coverage ratio 128.6. It has cash and short-term investments of €712.7M.
Key information
38.8%
Debt to equity ratio
€579.72m
Debt
| Interest coverage ratio | 128.6x |
| Cash | €712.74m |
| Equity | €1.49b |
| Total liabilities | €1.20b |
| Total assets | €2.69b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SOI's short term assets (€1.5B) exceed its short term liabilities (€449.1M).
Long Term Liabilities: SOI's short term assets (€1.5B) exceed its long term liabilities (€748.5M).
Debt to Equity History and Analysis
Debt Level: SOI has more cash than its total debt.
Reducing Debt: SOI's debt to equity ratio has reduced from 46.3% to 38.8% over the past 5 years.
Debt Coverage: SOI's debt is well covered by operating cash flow (28.5%).
Interest Coverage: SOI's interest payments on its debt are well covered by EBIT (128.6x coverage).