Sosandar Balance Sheet Health
Financial Health criteria checks 6/6
Sosandar has a total shareholder equity of £17.2M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £27.0M and £9.8M respectively. Sosandar's EBIT is £208.0K making its interest coverage ratio 5.6. It has cash and short-term investments of £7.0M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | 5.6x |
Cash | UK£6.98m |
Equity | UK£17.15m |
Total liabilities | UK£9.84m |
Total assets | UK£26.99m |
Recent financial health updates
We're Interested To See How Sosandar (LON:SOS) Uses Its Cash Hoard To Grow
Sep 30We're Interested To See How Sosandar (LON:SOS) Uses Its Cash Hoard To Grow
Jun 22We Think Sosandar (LON:SOS) Can Easily Afford To Drive Business Growth
Jan 25Will Sosandar (LON:SOS) Spend Its Cash Wisely?
Mar 15Will Sosandar (LON:SOS) Spend Its Cash Wisely?
Nov 25Recent updates
Earnings Not Telling The Story For Sosandar Plc (LON:SOS)
Apr 03Sosandar Plc (LON:SOS) Might Not Be As Mispriced As It Looks After Plunging 48%
Oct 19Sosandar Plc (LON:SOS) Shares Could Be 22% Below Their Intrinsic Value Estimate
Apr 18Returns On Capital Are Showing Encouraging Signs At Sosandar (LON:SOS)
Jan 25We're Interested To See How Sosandar (LON:SOS) Uses Its Cash Hoard To Grow
Sep 30We're Interested To See How Sosandar (LON:SOS) Uses Its Cash Hoard To Grow
Jun 22We Think Sosandar (LON:SOS) Can Easily Afford To Drive Business Growth
Jan 25Will Sosandar (LON:SOS) Spend Its Cash Wisely?
Mar 15Have Insiders Been Buying Sosandar Plc (LON:SOS) Shares This Year?
Jan 19Will Sosandar (LON:SOS) Spend Its Cash Wisely?
Nov 25Financial Position Analysis
Short Term Liabilities: SOS's short term assets (£25.0M) exceed its short term liabilities (£9.3M).
Long Term Liabilities: SOS's short term assets (£25.0M) exceed its long term liabilities (£527.0K).
Debt to Equity History and Analysis
Debt Level: SOS is debt free.
Reducing Debt: SOS has not had any debt for past 5 years.
Debt Coverage: SOS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SOS has no debt, therefore coverage of interest payments is not a concern.