Soitec Balance Sheet Health
Financial Health criteria checks 6/6
Soitec has a total shareholder equity of €1.5B and total debt of €542.8M, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are €2.6B and €1.1B respectively. Soitec's EBIT is €142.8M making its interest coverage ratio 58.6. It has cash and short-term investments of €701.8M.
Key information
36.4%
Debt to equity ratio
€542.85m
Debt
| Interest coverage ratio | 58.6x |
| Cash | €701.78m |
| Equity | €1.49b |
| Total liabilities | €1.12b |
| Total assets | €2.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOI's short term assets (€1.4B) exceed its short term liabilities (€359.8M).
Long Term Liabilities: SOI's short term assets (€1.4B) exceed its long term liabilities (€756.0M).
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 39.4% to 36.4% over the past 5 years.
Debt Coverage: SOI's debt is well covered by operating cash flow (46%).
Interest Coverage: SOI's interest payments on its debt are well covered by EBIT (58.6x coverage).