Soditech Balance Sheet Health
Financial Health criteria checks 4/6
Soditech has a total shareholder equity of €2.9M and total debt of €1.6M, which brings its debt-to-equity ratio to 57.2%. Its total assets and total liabilities are €6.3M and €3.5M respectively. Soditech's EBIT is €20.5K making its interest coverage ratio 0.4. It has cash and short-term investments of €541.2K.
Key information
57.2%
Debt to equity ratio
€1.63m
Debt
Interest coverage ratio | 0.4x |
Cash | €541.21k |
Equity | €2.86m |
Total liabilities | €3.47m |
Total assets | €6.33m |
Recent financial health updates
Does Soditech (EPA:SEC) Have A Healthy Balance Sheet?
Nov 27Here's Why Soditech (EPA:SEC) Has A Meaningful Debt Burden
Sep 29Soditech (EPA:SEC) Takes On Some Risk With Its Use Of Debt
Oct 10Is Soditech (EPA:SEC) A Risky Investment?
Apr 09Recent updates
Why Investors Shouldn't Be Surprised By Soditech SA's (EPA:SEC) 39% Share Price Plunge
Dec 29Does Soditech (EPA:SEC) Have A Healthy Balance Sheet?
Nov 27Here's Why Soditech (EPA:SEC) Has A Meaningful Debt Burden
Sep 29Soditech (EPA:SEC) Takes On Some Risk With Its Use Of Debt
Oct 10Is Soditech (EPA:SEC) A Risky Investment?
Apr 09Financial Position Analysis
Short Term Liabilities: SEC's short term assets (€2.4M) exceed its short term liabilities (€1.8M).
Long Term Liabilities: SEC's short term assets (€2.4M) exceed its long term liabilities (€1.6M).
Debt to Equity History and Analysis
Debt Level: SEC's net debt to equity ratio (38.3%) is considered satisfactory.
Reducing Debt: SEC's debt to equity ratio has reduced from 144.8% to 57.2% over the past 5 years.
Debt Coverage: Insufficient data to determine if SEC's debt is well covered by operating cash flow.
Interest Coverage: SEC's interest payments on its debt are not well covered by EBIT (0.4x coverage).