Soitec Balance Sheet Health
Financial Health criteria checks 6/6
Soitec has a total shareholder equity of €1.4B and total debt of €557.2M, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are €2.4B and €1.0B respectively. Soitec's EBIT is €243.4M making its interest coverage ratio 78.3. It has cash and short-term investments of €669.4M.
Key information
39.7%
Debt to equity ratio
€557.16m
Debt
Interest coverage ratio | 78.3x |
Cash | €669.41m |
Equity | €1.40b |
Total liabilities | €1.04b |
Total assets | €2.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOH's short term assets (€1.3B) exceed its short term liabilities (€351.8M).
Long Term Liabilities: SOH's short term assets (€1.3B) exceed its long term liabilities (€683.8M).
Debt to Equity History and Analysis
Debt Level: SOH has more cash than its total debt.
Reducing Debt: SOH's debt to equity ratio has reduced from 53.3% to 39.7% over the past 5 years.
Debt Coverage: SOH's debt is well covered by operating cash flow (32.4%).
Interest Coverage: SOH's interest payments on its debt are well covered by EBIT (78.3x coverage).