Softlab Balance Sheet Health
Financial Health criteria checks 5/6
Softlab has a total shareholder equity of €10.9M and total debt of €3.4M, which brings its debt-to-equity ratio to 30.7%. Its total assets and total liabilities are €28.2M and €17.3M respectively. Softlab's EBIT is €4.3M making its interest coverage ratio 26. It has cash and short-term investments of €1.9M.
Key information
30.7%
Debt to equity ratio
€3.36m
Debt
| Interest coverage ratio | 26x |
| Cash | €1.91m |
| Equity | €10.93m |
| Total liabilities | €17.32m |
| Total assets | €28.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0DGD's short term assets (€12.8M) exceed its short term liabilities (€12.6M).
Long Term Liabilities: 0DGD's short term assets (€12.8M) exceed its long term liabilities (€4.7M).
Debt to Equity History and Analysis
Debt Level: 0DGD's net debt to equity ratio (13.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 0DGD's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 0DGD's debt is well covered by operating cash flow (81%).
Interest Coverage: 0DGD's interest payments on its debt are well covered by EBIT (26x coverage).