SOCO Balance Sheet Health
Financial Health criteria checks 3/6
SOCO has a total shareholder equity of A$8.3M and total debt of A$416.7K, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are A$15.2M and A$6.8M respectively.
Key information
5.0%
Debt to equity ratio
AU$416.67k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.31m |
| Equity | AU$8.35m |
| Total liabilities | AU$6.83m |
| Total assets | AU$15.18m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SOC's short term assets (A$5.5M) exceed its short term liabilities (A$4.6M).
Long Term Liabilities: SOC's short term assets (A$5.5M) exceed its long term liabilities (A$2.2M).
Debt to Equity History and Analysis
Debt Level: SOC has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SOC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SOC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SOC's interest payments on its debt are well covered by EBIT.