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 ratio3.3x
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


Discover healthy companies