Solteq Oyj Balance Sheet Health
Financial Health criteria checks 1/6
Solteq Oyj has a total shareholder equity of €17.2M and total debt of €24.4M, which brings its debt-to-equity ratio to 141.7%. Its total assets and total liabilities are €57.2M and €40.0M respectively.
Key information
141.7%
Debt to equity ratio
€24.40m
Debt
Interest coverage ratio | n/a |
Cash | €1.85m |
Equity | €17.22m |
Total liabilities | €39.97m |
Total assets | €57.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0G5H's short term assets (€11.7M) do not cover its short term liabilities (€38.7M).
Long Term Liabilities: 0G5H's short term assets (€11.7M) exceed its long term liabilities (€1.2M).
Debt to Equity History and Analysis
Debt Level: 0G5H's net debt to equity ratio (130.9%) is considered high.
Reducing Debt: 0G5H's debt to equity ratio has increased from 121% to 141.7% over the past 5 years.
Debt Coverage: 0G5H's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 0G5H's interest payments on its debt are well covered by EBIT.