Software Balance Sheet Health
Financial Health criteria checks 3/6
Software has a total shareholder equity of €1.5B and total debt of €648.4M, which brings its debt-to-equity ratio to 42.8%. Its total assets and total liabilities are €2.6B and €1.1B respectively. Software's EBIT is €65.7M making its interest coverage ratio 1.8. It has cash and short-term investments of €406.6M.
Key information
42.8%
Debt to equity ratio
€648.44m
Debt
Interest coverage ratio | 1.8x |
Cash | €406.60m |
Equity | €1.51b |
Total liabilities | €1.07b |
Total assets | €2.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOWD's short term assets (€738.0M) exceed its short term liabilities (€670.9M).
Long Term Liabilities: SOWD's short term assets (€738.0M) exceed its long term liabilities (€400.7M).
Debt to Equity History and Analysis
Debt Level: SOWD's net debt to equity ratio (16%) is considered satisfactory.
Reducing Debt: SOWD's debt to equity ratio has increased from 25.3% to 42.8% over the past 5 years.
Debt Coverage: SOWD's debt is not well covered by operating cash flow (0.9%).
Interest Coverage: SOWD's interest payments on its debt are not well covered by EBIT (1.8x coverage).