SOCO Balance Sheet Health
Financial Health criteria checks 6/6
SOCO has a total shareholder equity of A$5.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$7.7M and A$2.5M respectively. SOCO's EBIT is A$2.7M making its interest coverage ratio 368.2. It has cash and short-term investments of A$4.8M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | 368.2x |
Cash | AU$4.79m |
Equity | AU$5.18m |
Total liabilities | AU$2.53m |
Total assets | AU$7.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOC's short term assets (A$6.8M) exceed its short term liabilities (A$2.4M).
Long Term Liabilities: SOC's short term assets (A$6.8M) exceed its long term liabilities (A$163.0K).
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.