Sogeclair Balance Sheet Health
Financial Health criteria checks 5/6
Sogeclair has a total shareholder equity of €62.3M and total debt of €28.3M, which brings its debt-to-equity ratio to 45.4%. Its total assets and total liabilities are €158.6M and €96.3M respectively. Sogeclair's EBIT is €7.2M making its interest coverage ratio 6.8. It has cash and short-term investments of €18.9M.
Key information
45.4%
Debt to equity ratio
€28.30m
Debt
Interest coverage ratio | 6.8x |
Cash | €18.90m |
Equity | €62.31m |
Total liabilities | €96.34m |
Total assets | €158.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2U0's short term assets (€111.4M) exceed its short term liabilities (€66.2M).
Long Term Liabilities: 2U0's short term assets (€111.4M) exceed its long term liabilities (€30.1M).
Debt to Equity History and Analysis
Debt Level: 2U0's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: 2U0's debt to equity ratio has reduced from 74.5% to 45.4% over the past 5 years.
Debt Coverage: 2U0's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: 2U0's interest payments on its debt are well covered by EBIT (6.8x coverage).