Solteq Oyj Balance Sheet Health
Financial Health criteria checks 1/6
Solteq Oyj has a total shareholder equity of €15.4M and total debt of €23.8M, which brings its debt-to-equity ratio to 154.7%. Its total assets and total liabilities are €53.2M and €37.9M respectively.
Key information
154.7%
Debt to equity ratio
€23.78m
Debt
| Interest coverage ratio | n/a |
| Cash | €1.09m |
| Equity | €15.37m |
| Total liabilities | €37.87m |
| Total assets | €53.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0G5H's short term assets (€8.9M) do not cover its short term liabilities (€14.4M).
Long Term Liabilities: 0G5H's short term assets (€8.9M) do not cover its long term liabilities (€23.4M).
Debt to Equity History and Analysis
Debt Level: 0G5H's net debt to equity ratio (147.7%) is considered high.
Reducing Debt: 0G5H's debt to equity ratio has reduced from 155.6% to 154.7% over the past 5 years.
Debt Coverage: 0G5H's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: Insufficient data to determine if 0G5H's interest payments on its debt are well covered by EBIT.