Socfinasia Balance Sheet Health
Financial Health criteria checks 6/6
Socfinasia has a total shareholder equity of €269.3M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €371.7M and €102.3M respectively. Socfinasia's EBIT is €52.3M making its interest coverage ratio -7.6. It has cash and short-term investments of €75.8M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | -7.6x |
| Cash | €75.77m |
| Equity | €269.35m |
| Total liabilities | €102.33m |
| Total assets | €371.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0G30's short term assets (€115.5M) exceed its short term liabilities (€61.0M).
Long Term Liabilities: 0G30's short term assets (€115.5M) exceed its long term liabilities (€41.3M).
Debt to Equity History and Analysis
Debt Level: 0G30 is debt free.
Reducing Debt: 0G30 had no debt 5 years ago.
Debt Coverage: 0G30 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0G30 has no debt, therefore coverage of interest payments is not a concern.