Solocal Group Balance Sheet Health
Financial Health criteria checks 0/6
Solocal Group has a total shareholder equity of €-278.0M and total debt of €245.2M, which brings its debt-to-equity ratio to -88.2%. Its total assets and total liabilities are €314.9M and €593.0M respectively. Solocal Group's EBIT is €7.1M making its interest coverage ratio 0.2. It has cash and short-term investments of €55.7M.
Key information
-88.2%
Debt to equity ratio
€245.24m
Debt
| Interest coverage ratio | 0.2x |
| Cash | €55.69m |
| Equity | -€278.04m |
| Total liabilities | €592.97m |
| Total assets | €314.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QS3 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: QS3 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: QS3 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: QS3's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: QS3's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: QS3's interest payments on its debt are not well covered by EBIT (0.2x coverage).