Solwers Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Solwers Oyj has a total shareholder equity of €40.2M and total debt of €24.5M, which brings its debt-to-equity ratio to 61%. Its total assets and total liabilities are €92.6M and €52.5M respectively. Solwers Oyj's EBIT is €3.4M making its interest coverage ratio 3.3. It has cash and short-term investments of €14.1M.
Key information
61.0%
Debt to equity ratio
€24.50m
Debt
| Interest coverage ratio | 3.3x |
| Cash | €14.13m |
| Equity | €40.18m |
| Total liabilities | €52.46m |
| Total assets | €92.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0ST's short term assets (€35.4M) exceed its short term liabilities (€28.0M).
Long Term Liabilities: 0ST's short term assets (€35.4M) exceed its long term liabilities (€24.5M).
Debt to Equity History and Analysis
Debt Level: 0ST's net debt to equity ratio (25.8%) is considered satisfactory.
Reducing Debt: 0ST's debt to equity ratio has reduced from 286.7% to 61% over the past 5 years.
Debt Coverage: 0ST's debt is well covered by operating cash flow (21.7%).
Interest Coverage: 0ST's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 05:01 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Solwers Oyj is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Petri Gostowski | Inderes Oy |
| Svante Krokfors | Nordea Markets |