Solwers Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Solwers Oyj has a total shareholder equity of €40.4M and total debt of €20.2M, which brings its debt-to-equity ratio to 50.1%. Its total assets and total liabilities are €87.0M and €46.6M respectively. Solwers Oyj's EBIT is €3.9M making its interest coverage ratio 5.5. It has cash and short-term investments of €16.8M.
Key information
50.1%
Debt to equity ratio
€20.23m
Debt
| Interest coverage ratio | 5.5x |
| Cash | €16.84m |
| Equity | €40.41m |
| Total liabilities | €46.64m |
| Total assets | €87.05m |
Recent financial health updates
No updates
Recent updates
Solwers Oyj's (HEL:SOLWERS) Shareholders Will Receive A Smaller Dividend Than Last Year
Apr 24
Solwers Oyj Just Recorded A 33% EPS Beat: Here's What Analysts Are Forecasting Next
Mar 14Some Investors May Be Worried About Solwers Oyj's (HEL:SOLWERS) Returns On Capital
Nov 25Solwers Oyj's (HEL:SOLWERS) Returns On Capital Not Reflecting Well On The Business
Jul 30We Think You Can Look Beyond Solwers Oyj's (HEL:SOLWERS) Lackluster Earnings
Apr 06Financial Position Analysis
Short Term Liabilities: SOLWERS's short term assets (€33.5M) exceed its short term liabilities (€18.0M).
Long Term Liabilities: SOLWERS's short term assets (€33.5M) exceed its long term liabilities (€28.6M).
Debt to Equity History and Analysis
Debt Level: SOLWERS's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: SOLWERS's debt to equity ratio has reduced from 326.2% to 50.1% over the past 5 years.
Debt Coverage: SOLWERS's debt is well covered by operating cash flow (25.6%).
Interest Coverage: SOLWERS's interest payments on its debt are well covered by EBIT (5.5x coverage).