Solaris Energy Infrastructure Balance Sheet Health
Financial Health criteria checks 4/6
Solaris Energy Infrastructure has a total shareholder equity of $317.2M and total debt of $16.0M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are $457.8M and $140.6M respectively. Solaris Energy Infrastructure's EBIT is $40.3M making its interest coverage ratio 11.7. It has cash and short-term investments of $5.1M.
Key information
5.0%
Debt to equity ratio
US$16.00m
Debt
| Interest coverage ratio | 11.7x |
| Cash | US$5.06m |
| Equity | US$317.18m |
| Total liabilities | US$140.58m |
| Total assets | US$457.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 68S's short term assets ($74.7M) exceed its short term liabilities ($59.7M).
Long Term Liabilities: 68S's short term assets ($74.7M) do not cover its long term liabilities ($80.9M).
Debt to Equity History and Analysis
Debt Level: 68S's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: 68S's debt to equity ratio has increased from 0% to 5% over the past 5 years.
Debt Coverage: 68S's debt is well covered by operating cash flow (511.7%).
Interest Coverage: 68S's interest payments on its debt are well covered by EBIT (11.7x coverage).