SQLI Balance Sheet Health
Financial Health criteria checks 6/6
SQLI has a total shareholder equity of €116.3M and total debt of €31.3M, which brings its debt-to-equity ratio to 27%. Its total assets and total liabilities are €247.8M and €131.5M respectively. SQLI's EBIT is €12.4M making its interest coverage ratio 6.7. It has cash and short-term investments of €22.1M.
Key information
27.0%
Debt to equity ratio
€31.34m
Debt
Interest coverage ratio | 6.7x |
Cash | €22.10m |
Equity | €116.29m |
Total liabilities | €131.53m |
Total assets | €247.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SSXN's short term assets (€119.7M) exceed its short term liabilities (€90.8M).
Long Term Liabilities: SSXN's short term assets (€119.7M) exceed its long term liabilities (€40.7M).
Debt to Equity History and Analysis
Debt Level: SSXN's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: SSXN's debt to equity ratio has reduced from 48.9% to 27% over the past 5 years.
Debt Coverage: SSXN's debt is well covered by operating cash flow (54.1%).
Interest Coverage: SSXN's interest payments on its debt are well covered by EBIT (6.7x coverage).