Sopheon Balance Sheet Health
Financial Health criteria checks 6/6
Sopheon has a total shareholder equity of $29.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $49.6M and $19.8M respectively. Sopheon's EBIT is $2.1M making its interest coverage ratio -8.3. It has cash and short-term investments of $22.4M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -8.3x |
| Cash | US$22.44m |
| Equity | US$29.82m |
| Total liabilities | US$19.75m |
| Total assets | US$49.58m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TXB3's short term assets ($34.7M) exceed its short term liabilities ($19.5M).
Long Term Liabilities: TXB3's short term assets ($34.7M) exceed its long term liabilities ($283.0K).
Debt to Equity History and Analysis
Debt Level: TXB3 is debt free.
Reducing Debt: TXB3 has no debt compared to 5 years ago when its debt to equity ratio was 2%.
Debt Coverage: TXB3 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TXB3 has no debt, therefore coverage of interest payments is not a concern.