Solteq Oyj Balance Sheet Health
Financial Health criteria checks 1/6
Solteq Oyj has a total shareholder equity of €16.5M and total debt of €24.4M, which brings its debt-to-equity ratio to 148.6%. Its total assets and total liabilities are €56.2M and €39.8M respectively.
Key information
148.6%
Debt to equity ratio
€24.44m
Debt
| Interest coverage ratio | n/a |
| Cash | €2.38m |
| Equity | €16.45m |
| Total liabilities | €39.77m |
| Total assets | €56.22m |
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 (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 20Is There Now An Opportunity In Solteq Oyj (HEL:SOLTEQ)?
Apr 09If You Had Bought Solteq Oyj (HEL:SOLTEQ) Shares A Year Ago You'd Have Earned 293% Returns
Mar 07Solteq Oyj's (HEL:SOLTEQ) Intrinsic Value Is Potentially 84% Above Its Share Price
Feb 22Here's Why I Think Solteq Oyj (HEL:SOLTEQ) Might Deserve Your Attention Today
Feb 09
Financial Position Analysis
Short Term Liabilities: SOLTEQ's short term assets (€11.3M) do not cover its short term liabilities (€38.8M).
Long Term Liabilities: SOLTEQ's short term assets (€11.3M) exceed its long term liabilities (€932.0K).
Debt to Equity History and Analysis
Debt Level: SOLTEQ's net debt to equity ratio (134.2%) is considered high.
Reducing Debt: SOLTEQ's debt to equity ratio has increased from 136.1% to 148.6% over the past 5 years.
Debt Coverage: SOLTEQ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SOLTEQ's interest payments on its debt are well covered by EBIT.