SOCO Balance Sheet Health
Financial Health criteria checks 5/6
SOCO has a total shareholder equity of A$7.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$15.5M and A$7.8M respectively. SOCO's EBIT is A$1.5M making its interest coverage ratio -91. It has cash and short-term investments of A$2.7M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | -91x |
Cash | AU$2.75m |
Equity | AU$7.76m |
Total liabilities | AU$7.76m |
Total assets | AU$15.52m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SOC's short term assets (A$5.3M) do not cover its short term liabilities (A$5.5M).
Long Term Liabilities: SOC's short term assets (A$5.3M) exceed its long term liabilities (A$2.3M).
Debt to Equity History and Analysis
Debt Level: SOC is debt free.
Reducing Debt: SOC has not had any debt for past 5 years.
Debt Coverage: SOC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SOC has no debt, therefore coverage of interest payments is not a concern.