Sotkamo Silver Balance Sheet Health
Financial Health criteria checks 1/6
Sotkamo Silver has a total shareholder equity of SEK294.4M and total debt of SEK252.0M, which brings its debt-to-equity ratio to 85.6%. Its total assets and total liabilities are SEK675.8M and SEK381.4M respectively. Sotkamo Silver's EBIT is SEK75.2M making its interest coverage ratio 2.2. It has cash and short-term investments of SEK37.6M.
Key information
85.6%
Debt to equity ratio
kr252.00m
Debt
Interest coverage ratio | 2.2x |
Cash | kr37.60m |
Equity | kr294.40m |
Total liabilities | kr381.40m |
Total assets | kr675.80m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SOSI1H's short term assets (SEK92.1M) do not cover its short term liabilities (SEK96.0M).
Long Term Liabilities: SOSI1H's short term assets (SEK92.1M) do not cover its long term liabilities (SEK285.4M).
Debt to Equity History and Analysis
Debt Level: SOSI1H's net debt to equity ratio (72.8%) is considered high.
Reducing Debt: SOSI1H's debt to equity ratio has increased from 80.4% to 85.6% over the past 5 years.
Debt Coverage: SOSI1H's debt is well covered by operating cash flow (40.1%).
Interest Coverage: SOSI1H's interest payments on its debt are not well covered by EBIT (2.2x coverage).