Softimat Balance Sheet Health
Financial Health criteria checks 4/6
Softimat has a total shareholder equity of €7.5M and total debt of €218.0K, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are €8.6M and €1.2M respectively.
Key information
2.9%
Debt to equity ratio
€218.00k
Debt
Interest coverage ratio | n/a |
Cash | €745.00k |
Equity | €7.47m |
Total liabilities | €1.17m |
Total assets | €8.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOFT's short term assets (€1.5M) exceed its short term liabilities (€795.0K).
Long Term Liabilities: SOFT's short term assets (€1.5M) exceed its long term liabilities (€372.0K).
Debt to Equity History and Analysis
Debt Level: SOFT has more cash than its total debt.
Reducing Debt: SOFT's debt to equity ratio has reduced from 8.3% to 2.9% over the past 5 years.
Debt Coverage: SOFT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SOFT's interest payments on its debt are well covered by EBIT.