Solteq Oyj

HLSE:SOLTEQ Stock Report

Market Cap: €11.2m

Solteq Oyj Balance Sheet Health

Financial Health criteria checks 0/6

Solteq Oyj has a total shareholder equity of €15.9M and total debt of €22.0M, which brings its debt-to-equity ratio to 137.8%. Its total assets and total liabilities are €52.0M and €36.1M respectively. Solteq Oyj's EBIT is €463.0K making its interest coverage ratio 0.2. It has cash and short-term investments of €3.3M.

Key information

137.8%

Debt to equity ratio

€21.98m

Debt

Interest coverage ratio0.2x
Cash€3.28m
Equity€15.95m
Total liabilities€36.09m
Total assets€52.04m

Recent financial health updates

Solteq Oyj (HEL:SOLTEQ) Seems To Be Using A Lot Of Debt

Oct 19
Solteq Oyj (HEL:SOLTEQ) Seems To Be Using A Lot Of Debt

Solteq Oyj (HEL:SOLTEQ) Takes On Some Risk With Its Use Of Debt

May 06
Solteq Oyj (HEL:SOLTEQ) Takes On Some Risk With Its Use Of Debt

Is Solteq Oyj (HEL:SOLTEQ) A Risky Investment?

Dec 27
Is Solteq Oyj (HEL:SOLTEQ) A Risky Investment?

Recent updates

Solteq Oyj Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts

Oct 27
Solteq Oyj Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts

Little Excitement Around Solteq Oyj's (HEL:SOLTEQ) Revenues

Jun 26
Little Excitement Around Solteq Oyj's (HEL:SOLTEQ) Revenues

Solteq Oyj (HEL:SOLTEQ) Looks Inexpensive But Perhaps Not Attractive Enough

Jan 26
Solteq Oyj (HEL:SOLTEQ) Looks Inexpensive But Perhaps Not Attractive Enough

Returns On Capital Are Showing Encouraging Signs At Solteq Oyj (HEL:SOLTEQ)

Aug 25
Returns On Capital Are Showing Encouraging Signs At Solteq Oyj (HEL:SOLTEQ)

Solteq Oyj (HEL:SOLTEQ) Analysts Just Slashed This Year's Revenue Estimates By 11%

May 06
Solteq Oyj (HEL:SOLTEQ) Analysts Just Slashed This Year's Revenue Estimates By 11%

Returns On Capital Signal Difficult Times Ahead For Solteq Oyj (HEL:SOLTEQ)

Apr 18
Returns On Capital Signal Difficult Times Ahead For Solteq Oyj (HEL:SOLTEQ)

Solteq Oyj (HEL:SOLTEQ) Shares Could Be 47% Below Their Intrinsic Value Estimate

Feb 06
Solteq Oyj (HEL:SOLTEQ) Shares Could Be 47% Below Their Intrinsic Value Estimate

Solteq Oyj (HEL:SOLTEQ) Seems To Be Using A Lot Of Debt

Oct 19
Solteq Oyj (HEL:SOLTEQ) Seems To Be Using A Lot Of Debt

Is Now An Opportune Moment To Examine Solteq Oyj (HEL:SOLTEQ)?

Aug 12
Is Now An Opportune Moment To Examine Solteq Oyj (HEL:SOLTEQ)?

Solteq Oyj (HEL:SOLTEQ) Takes On Some Risk With Its Use Of Debt

May 06
Solteq Oyj (HEL:SOLTEQ) Takes On Some Risk With Its Use Of Debt

Is Solteq Oyj (HEL:SOLTEQ) Potentially Undervalued?

Feb 20
Is Solteq Oyj (HEL:SOLTEQ) Potentially Undervalued?

Is Solteq Oyj (HEL:SOLTEQ) A Risky Investment?

Dec 27
Is Solteq Oyj (HEL:SOLTEQ) A Risky Investment?

What Does Solteq Oyj's (HEL:SOLTEQ) Share Price Indicate?

Oct 28
What Does Solteq Oyj's (HEL:SOLTEQ) Share Price Indicate?

Financial Position Analysis

Short Term Liabilities: SOLTEQ's short term assets (€9.5M) do not cover its short term liabilities (€14.0M).

Long Term Liabilities: SOLTEQ's short term assets (€9.5M) do not cover its long term liabilities (€22.1M).

Debt to Equity History and Analysis

Debt Level: SOLTEQ's net debt to equity ratio (117.3%) is considered high.

Reducing Debt: SOLTEQ's debt to equity ratio has increased from 112.8% to 137.8% over the past 5 years.

Debt Coverage: SOLTEQ's debt is not well covered by operating cash flow (7.1%).

Interest Coverage: SOLTEQ's interest payments on its debt are not well covered by EBIT (0.2x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/10 02:33
End of Day Share Price 2025/03/10 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Solteq Oyj is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jerker SalokiviEvli Bank plc
Joni GrönqvistInderes Oy