Solvar Balance Sheet Health

Financial Health criteria checks 1/6

Solvar has a total shareholder equity of A$374.3M and total debt of A$620.3M, which brings its debt-to-equity ratio to 165.7%. Its total assets and total liabilities are A$1.0B and A$646.3M respectively. Solvar's EBIT is A$121.9M making its interest coverage ratio 1.8. It has cash and short-term investments of A$127.0M.

Key information

165.7%

Debt to equity ratio

AU$620.29m

Debt

Interest coverage ratio	1.8x
Cash	AU$127.04m
Equity	AU$374.34m
Total liabilities	AU$646.32m
Total assets	AU$1.02b

Recent financial health updates

No updates

Recent updates

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Financial Position Analysis

Short Term Liabilities: SVR's short term assets (A$388.2M) exceed its short term liabilities (A$188.6M).

Long Term Liabilities: SVR's short term assets (A$388.2M) do not cover its long term liabilities (A$457.8M).

Debt to Equity History and Analysis

Debt Level: SVR's net debt to equity ratio (131.8%) is considered high.

Reducing Debt: SVR's debt to equity ratio has increased from 42% to 165.7% over the past 5 years.

Debt Coverage: SVR's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: SVR's interest payments on its debt are not well covered by EBIT (1.8x coverage).

Balance Sheet

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Solvar Balance Sheet Health

Financial Health criteria checks 1/6

Key information

Recent financial health updates

Recent updates

CEO, MD & Executive Director recently sold AU$215k worth of stock

Upcoming dividend of AU$0.05 per share

First half dividend of AU$0.05 announced

First half 2024 earnings: EPS in line with analyst expectations despite revenue beat

Solvar Limited to Report First Half, 2024 Results on Feb 20, 2024

Investor sentiment deteriorates as stock falls 16%

Solvar Limited's (ASX:SVR) Price Is Right But Growth Is Lacking

Solvar Limited, Annual General Meeting, Nov 10, 2023

Price target decreased by 26% to AU$1.32

Upcoming dividend of AU$0.09 per share at 14% yield

Consensus EPS estimates fall by 24%

New major risk - Revenue and earnings growth

New major risk - Earnings quality

Full year 2023 earnings released: EPS: AU$0.23 (vs AU$0.24 in FY 2022)

New major risk - Revenue and earnings growth

Solvar Limited to Report Fiscal Year 2023 Results on Aug 15, 2023

Price target decreased by 7.6% to AU$2.42

Investor sentiment deteriorates as stock falls 35%

Now 43% undervalued after recent price drop

Now 21% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 16%

Now 24% undervalued after recent price drop

Investor sentiment improves as stock rises 15%

Price target decreased by 9.9% to AU$2.79

Upcoming dividend of AU$0.075 per share at 6.8% yield

Solvar Limited Announces Dividend for the Six Months Ended December 31, 2022, Payable on April 13, 2023

Solvar Limited to Report First Half, 2023 Results on Feb 15, 2023

Insufficient new directors

Insufficient new directors

Money3 Corporation Limited, Annual General Meeting, Nov 16, 2022

Insufficient new directors

Upcoming dividend of AU$0.07 per share

Money3 (ASX:MNY) Is Paying Out A Dividend Of A$0.07

CEO, MD & Executive Director exercised options to buy AU$851k worth of stock.

Full year 2022 earnings: EPS in line with expectations, revenues disappoint

Money3 Corporation Limited Declares Final Dividend for the Year Ended June 30, 2022, Payable on October 6, 2022

Price target decreased to AU$3.57

Money3 Corporation Limited to Report Fiscal Year 2022 Results on Aug 16, 2022

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Independent Non-Executive Chairman recently bought AU$99k worth of stock

CEO, MD & Executive Director exercised options to buy AU$828k worth of stock.

Upcoming dividend of AU$0.06 per share

First half 2022 earnings: EPS and revenues exceed analyst expectations

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CEO, MD & Executive Director exercised options to buy AU$2.2m worth of stock.

Independent Non-Executive Chairman recently bought AU$104k worth of stock

CEO, MD & Executive Director exercised options to buy AU$7.5m worth of stock.

Upcoming dividend of AU$0.07 per share

Money3's (ASX:MNY) Dividend Will Be Increased To AU$0.07

Full year 2021 earnings released: EPS AU$0.20 (vs AU$0.12 in FY 2020)

AU$4.16 - That's What Analysts Think Money3 Corporation Limited (ASX:MNY) Is Worth After These Results

Price target increased to AU$4.01

Independent Non-Executive Chairman recently bought AU$100k worth of stock

Money3 Corporation Provides Earnings Guidance for Fiscal 2021

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New 90-day high: AU$3.03

First half 2021 earnings released: EPS AU$0.11 (vs AU$0.086 in 1H 2020)

Money3 Corporation Limited to Report First Half, 2021 Results on Feb 16, 2021

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Money3 Corporation Limited (ASX:MNY) completed the acquisition of Automotive Financial Services Pty Limited.

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Money3 Corporation Limited (ASX:MNY) entered into an agreement to acquire Automotive Financial Services Pty Limited.

Price target raised to AU$3.06

New 90-day high: AU$2.72

New 90-day high: AU$2.42

New 90-day high: AU$2.31

New 90-day high: AU$2.22

Earnings released

New 90-day high - AU$1.91

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