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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 18:43 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Solteq Oyj is covered by 3 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.
| Analyst | Institution |
|---|---|
| Jerker Salokivi | Evli Bank plc |
| Petri Aho | Inderes Oy |
| Marianne Palmu | Inderes Oy |