Softing Balance Sheet Health
Financial Health criteria checks 3/6
Softing has a total shareholder equity of €50.2M and total debt of €18.2M, which brings its debt-to-equity ratio to 36.2%. Its total assets and total liabilities are €108.9M and €58.7M respectively.
Key information
36.2%
Debt to equity ratio
€18.16m
Debt
| Interest coverage ratio | n/a |
| Cash | €6.02m |
| Equity | €50.18m |
| Total liabilities | €58.71m |
| Total assets | €108.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYT's short term assets (€51.4M) exceed its short term liabilities (€33.7M).
Long Term Liabilities: SYT's short term assets (€51.4M) exceed its long term liabilities (€25.0M).
Debt to Equity History and Analysis
Debt Level: SYT's net debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: SYT's debt to equity ratio has increased from 20.7% to 36.2% over the past 5 years.
Debt Coverage: SYT's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: Insufficient data to determine if SYT's interest payments on its debt are well covered by EBIT.