Solteq Oyj Balance Sheet Health
Financial Health criteria checks 1/6
Solteq Oyj has a total shareholder equity of €15.4M and total debt of €23.8M, which brings its debt-to-equity ratio to 154.7%. Its total assets and total liabilities are €53.2M and €37.9M respectively.
Key information
154.7%
Debt to equity ratio
€23.78m
Debt
| Interest coverage ratio | n/a |
| Cash | €1.09m |
| Equity | €15.37m |
| Total liabilities | €37.87m |
| Total assets | €53.24m |
Recent financial health updates
Solteq Oyj (HEL:SOLTEQ) Seems To Be Using A Lot Of Debt
Oct 19
Solteq Oyj (HEL:SOLTEQ) Takes On Some Risk With Its Use Of Debt
May 06Is Solteq Oyj (HEL:SOLTEQ) A Risky Investment?
Dec 27Does Solteq Oyj (HEL:SOLTEQ) Have A Healthy Balance Sheet?
Jun 04Recent updates
Solteq Oyj Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts
Oct 27Little Excitement Around Solteq Oyj's (HEL:SOLTEQ) Revenues
Jun 26Solteq Oyj (HEL:SOLTEQ) Looks Inexpensive But Perhaps Not Attractive Enough
Jan 26Returns On Capital Are Showing Encouraging Signs At Solteq Oyj (HEL:SOLTEQ)
Aug 25Solteq Oyj (HEL:SOLTEQ) Analysts Just Slashed This Year's Revenue Estimates By 11%
May 06Returns On Capital Signal Difficult Times Ahead For Solteq Oyj (HEL:SOLTEQ)
Apr 18Solteq Oyj (HEL:SOLTEQ) Shares Could Be 47% Below Their Intrinsic Value Estimate
Feb 06Solteq Oyj (HEL:SOLTEQ) Seems To Be Using A Lot Of Debt
Oct 19Is Now An Opportune Moment To Examine Solteq Oyj (HEL:SOLTEQ)?
Aug 12Solteq Oyj (HEL:SOLTEQ) Takes On Some Risk With Its Use Of Debt
May 06Is Solteq Oyj (HEL:SOLTEQ) Potentially Undervalued?
Feb 20Is Solteq Oyj (HEL:SOLTEQ) A Risky Investment?
Dec 27What Does Solteq Oyj's (HEL:SOLTEQ) Share Price Indicate?
Oct 28Does Solteq Oyj (HEL:SOLTEQ) Have A Healthy Balance Sheet?
Jun 04Here's Why We Think Solteq Oyj (HEL:SOLTEQ) Is Well Worth Watching
May 20Financial Position Analysis
Short Term Liabilities: SOLTEQ's short term assets (€8.9M) do not cover its short term liabilities (€14.4M).
Long Term Liabilities: SOLTEQ's short term assets (€8.9M) do not cover its long term liabilities (€23.4M).
Debt to Equity History and Analysis
Debt Level: SOLTEQ's net debt to equity ratio (147.7%) is considered high.
Reducing Debt: SOLTEQ's debt to equity ratio has reduced from 155.6% to 154.7% over the past 5 years.
Debt Coverage: SOLTEQ's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: Insufficient data to determine if SOLTEQ's interest payments on its debt are well covered by EBIT.