Solvac Balance Sheet Health
Financial Health criteria checks 5/6
Solvac has a total shareholder equity of €3.6B and total debt of €150.0M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are €3.8B and €155.0M respectively. Solvac's EBIT is €407.6M making its interest coverage ratio 140.6. It has cash and short-term investments of €68.0M.
Key information
4.1%
Debt to equity ratio
€150.00m
Debt
| Interest coverage ratio | 140.6x |
| Cash | €68.00m |
| Equity | €3.63b |
| Total liabilities | €155.00m |
| Total assets | €3.79b |
Recent financial health updates
No updates
Recent updates
Solvac (EBR:SOLV) Might Have The Makings Of A Multi-Bagger
Mar 15
Solvac S.A. (EBR:SOLV) Looks Inexpensive But Perhaps Not Attractive Enough
Jan 22Solvac (EBR:SOLV) Has Announced A Dividend Of €1.72
Dec 18Investors Will Want Solvac's (EBR:SOLV) Growth In ROCE To Persist
Dec 06Calculating The Fair Value Of Solvac S.A. (EBR:SOLV)
Nov 09Solvac (EBR:SOLV) Might Have The Makings Of A Multi-Bagger
Sep 04A Look At The Fair Value Of Solvac S.A. (EBR:SOLV)
Aug 07Returns At Solvac (EBR:SOLV) Are On The Way Up
May 09Calculating The Intrinsic Value Of Solvac S.A. (EBR:SOLV)
Mar 26A Look At The Fair Value Of Solvac S.A. (EBR:SOLV)
Dec 16Estimating The Intrinsic Value Of Solvac S.A. (EBR:SOLV)
Sep 13Solvac (EBR:SOLV) Is Doing The Right Things To Multiply Its Share Price
Jul 19Calculating The Intrinsic Value Of Solvac S.A. (EBR:SOLV)
May 25Solvac (EBR:SOLV) Might Have The Makings Of A Multi-Bagger
Mar 09A Look At The Fair Value Of Solvac S.A. (EBR:SOLV)
Jan 18Investors Will Want Solvac's (EBR:SOLV) Growth In ROCE To Persist
Oct 12Calculating The Intrinsic Value Of Solvac S.A. (EBR:SOLV)
Jul 08Something To Consider Before Buying Solvac S.A. (EBR:SOLV) For The 4.9% Dividend
Feb 03
Estimating The Intrinsic Value Of Solvac S.A. (EBR:SOLV)
Dec 12Financial Position Analysis
Short Term Liabilities: SOLV's short term assets (€69.0M) exceed its short term liabilities (€5.0M).
Long Term Liabilities: SOLV's short term assets (€69.0M) do not cover its long term liabilities (€150.0M).
Debt to Equity History and Analysis
Debt Level: SOLV's net debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: SOLV's debt to equity ratio has reduced from 4.5% to 4.1% over the past 5 years.
Debt Coverage: SOLV's debt is well covered by operating cash flow (86.7%).
Interest Coverage: SOLV's interest payments on its debt are well covered by EBIT (140.6x coverage).