Sotkamo Silver Balance Sheet Health
Financial Health criteria checks 2/6
Sotkamo Silver has a total shareholder equity of SEK288.4M and total debt of SEK246.6M, which brings its debt-to-equity ratio to 85.5%. Its total assets and total liabilities are SEK674.2M and SEK385.8M respectively. Sotkamo Silver's EBIT is SEK54.4M making its interest coverage ratio 1.6. It has cash and short-term investments of SEK76.4M.
Key information
85.5%
Debt to equity ratio
SEK 246.60m
Debt
| Interest coverage ratio | 1.6x |
| Cash | SEK 76.40m |
| Equity | SEK 288.40m |
| Total liabilities | SEK 385.80m |
| Total assets | SEK 674.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOSI1's short term assets (SEK145.4M) do not cover its short term liabilities (SEK154.4M).
Long Term Liabilities: SOSI1's short term assets (SEK145.4M) do not cover its long term liabilities (SEK231.4M).
Debt to Equity History and Analysis
Debt Level: SOSI1's net debt to equity ratio (59%) is considered high.
Reducing Debt: SOSI1's debt to equity ratio has reduced from 119.2% to 85.5% over the past 5 years.
Debt Coverage: SOSI1's debt is well covered by operating cash flow (45.9%).
Interest Coverage: SOSI1's interest payments on its debt are not well covered by EBIT (1.6x coverage).