Solwers Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Solwers Oyj has a total shareholder equity of €40.2M and total debt of €24.5M, which brings its debt-to-equity ratio to 61%. Its total assets and total liabilities are €92.6M and €52.5M respectively. Solwers Oyj's EBIT is €3.4M making its interest coverage ratio 3.3. It has cash and short-term investments of €14.1M.
Key information
61.0%
Debt to equity ratio
€24.50m
Debt
| Interest coverage ratio | 3.3x |
| Cash | €14.13m |
| Equity | €40.18m |
| Total liabilities | €52.46m |
| Total assets | €92.65m |
Recent financial health updates
No updates
Recent updates
Earnings Miss: Solwers Oyj Missed EPS By 52% And Analysts Are Revising Their Forecasts
Sep 02
Solwers Oyj's (HEL:SOLWERS) Shareholders Will Receive A Smaller Dividend Than Last Year
Apr 24Solwers 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 (€35.4M) exceed its short term liabilities (€28.0M).
Long Term Liabilities: SOLWERS's short term assets (€35.4M) exceed its long term liabilities (€24.5M).
Debt to Equity History and Analysis
Debt Level: SOLWERS's net debt to equity ratio (25.8%) is considered satisfactory.
Reducing Debt: SOLWERS's debt to equity ratio has reduced from 286.7% to 61% over the past 5 years.
Debt Coverage: SOLWERS's debt is well covered by operating cash flow (21.7%).
Interest Coverage: SOLWERS's interest payments on its debt are well covered by EBIT (3.3x coverage).