Solidx Balance Sheet Health
Financial Health criteria checks 4/6
Solidx has a total shareholder equity of SEK36.9M and total debt of SEK8.1M, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are SEK75.0M and SEK38.1M respectively. Solidx's EBIT is SEK1.0M making its interest coverage ratio 1.3. It has cash and short-term investments of SEK9.0M.
Key information
21.8%
Debt to equity ratio
SEK 8.06m
Debt
| Interest coverage ratio | 1.3x |
| Cash | SEK 9.00m |
| Equity | SEK 36.87m |
| Total liabilities | SEK 38.12m |
| Total assets | SEK 74.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6OK's short term assets (SEK30.8M) exceed its short term liabilities (SEK28.8M).
Long Term Liabilities: 6OK's short term assets (SEK30.8M) exceed its long term liabilities (SEK9.3M).
Debt to Equity History and Analysis
Debt Level: 6OK has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6OK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6OK's debt is well covered by operating cash flow (65.1%).
Interest Coverage: 6OK's interest payments on its debt are not well covered by EBIT (1.3x coverage).