Solocal Group Balance Sheet Health
Financial Health criteria checks 0/6
Solocal Group has a total shareholder equity of €-254.4M and total debt of €234.9M, which brings its debt-to-equity ratio to -92.4%. Its total assets and total liabilities are €338.8M and €593.2M respectively. Solocal Group's EBIT is €35.8M making its interest coverage ratio 1.3. It has cash and short-term investments of €63.3M.
Key information
-92.4%
Debt to equity ratio
€234.91m
Debt
Interest coverage ratio | 1.3x |
Cash | €63.27m |
Equity | -€254.37m |
Total liabilities | €593.16m |
Total assets | €338.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RC1 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 0RC1 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 0RC1 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 0RC1's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 0RC1's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: 0RC1's interest payments on its debt are not well covered by EBIT (1.3x coverage).