Softchoice Balance Sheet Health
Financial Health criteria checks 4/6
Softchoice has a total shareholder equity of $57.9M and total debt of $39.1M, which brings its debt-to-equity ratio to 67.5%. Its total assets and total liabilities are $586.0M and $528.1M respectively. Softchoice's EBIT is $70.6M making its interest coverage ratio 6.2. It has cash and short-term investments of $17.4M.
Key information
67.5%
Debt to equity ratio
US$39.11m
Debt
| Interest coverage ratio | 6.2x |
| Cash | US$17.42m |
| Equity | US$57.91m |
| Total liabilities | US$528.07m |
| Total assets | US$585.98m |
Recent financial health updates
Recent updates
Softchoice's (TSE:SFTC) Upcoming Dividend Will Be Larger Than Last Year's
Mar 20
Why Softchoice's (TSE:SFTC) Earnings Are Better Than They Seem
Mar 12Softchoice Corporation's (TSE:SFTC) Business Is Yet to Catch Up With Its Share Price
Mar 06Does Softchoice (TSE:SFTC) Have A Healthy Balance Sheet?
Feb 08Softchoice (TSE:SFTC) Could Become A Multi-Bagger
Jan 11We Ran A Stock Scan For Earnings Growth And Softchoice (TSE:SFTC) Passed With Ease
Nov 03The Softchoice Corporation (TSE:SFTC) Analysts Have Been Trimming Their Sales Forecasts
Aug 15Earnings Tell The Story For Softchoice Corporation (TSE:SFTC) As Its Stock Soars 32%
Apr 17Statutory Profit Doesn't Reflect How Good Softchoice's (TSE:SFTC) Earnings Are
Mar 16Returns Are Gaining Momentum At Softchoice (TSE:SFTC)
Dec 07Results: Softchoice Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
Aug 16These Return Metrics Don't Make Softchoice (TSE:SFTC) Look Too Strong
Jun 17Is Softchoice Corporation (TSE:SFTC) Trading At A 44% Discount?
Sep 28Financial Position Analysis
Short Term Liabilities: SFTC's short term assets ($388.1M) do not cover its short term liabilities ($463.2M).
Long Term Liabilities: SFTC's short term assets ($388.1M) exceed its long term liabilities ($64.9M).
Debt to Equity History and Analysis
Debt Level: SFTC's net debt to equity ratio (37.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SFTC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SFTC's debt is well covered by operating cash flow (255.4%).
Interest Coverage: SFTC's interest payments on its debt are well covered by EBIT (6.2x coverage).