Sotkamo Silver Balance Sheet Health
Financial Health criteria checks 2/6
Sotkamo Silver has a total shareholder equity of SEK296.3M and total debt of SEK267.1M, which brings its debt-to-equity ratio to 90.1%. Its total assets and total liabilities are SEK697.4M and SEK401.1M respectively. Sotkamo Silver's EBIT is SEK66.7M making its interest coverage ratio 2. It has cash and short-term investments of SEK78.9M.
Key information
90.1%
Debt to equity ratio
kr267.10m
Debt
Interest coverage ratio | 2x |
Cash | kr78.90m |
Equity | kr296.30m |
Total liabilities | kr401.10m |
Total assets | kr697.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOSI1's short term assets (SEK136.7M) exceed its short term liabilities (SEK131.3M).
Long Term Liabilities: SOSI1's short term assets (SEK136.7M) do not cover its long term liabilities (SEK269.8M).
Debt to Equity History and Analysis
Debt Level: SOSI1's net debt to equity ratio (63.5%) is considered high.
Reducing Debt: SOSI1's debt to equity ratio has increased from 76.1% to 90.1% over the past 5 years.
Debt Coverage: SOSI1's debt is well covered by operating cash flow (41.9%).
Interest Coverage: SOSI1's interest payments on its debt are not well covered by EBIT (2x coverage).