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Solutions 30 Balance Sheet Health
Financial Health criteria checks 5/6
Solutions 30 has a total shareholder equity of €183.2M and total debt of €86.3M, which brings its debt-to-equity ratio to 47.1%. Its total assets and total liabilities are €686.3M and €503.2M respectively. Solutions 30's EBIT is €3.4M making its interest coverage ratio 0.7. It has cash and short-term investments of €85.0M.
Key information
47.14%
Debt to equity ratio
€86.34m
Debt
Interest coverage ratio
0.7x
Cash
€85.03m
Equity
€183.16m
Total liabilities
€503.16m
Total assets
€686.32m
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 30L3's short term assets (€377.6M) exceed its short term liabilities (€357.1M).
Long Term Liabilities: 30L3's short term assets (€377.6M) exceed its long term liabilities (€146.0M).
Debt to Equity History and Analysis
Debt Level: 30L3's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: 30L3's debt to equity ratio has reduced from 110.8% to 47.1% over the past 5 years.
Debt Coverage: 30L3's debt is well covered by operating cash flow (39.3%).
Interest Coverage: 30L3's interest payments on its debt are not well covered by EBIT (0.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2022/12/12 23:41
End of Day Share Price
2022/09/14 00:00
Earnings
2022/06/30
Annual Earnings
2021/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Solutions 30 SE is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.