Solid State Financial Health

How is Solid State's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SOLI's short term assets (£65.7M) exceed its short term liabilities (£41.4M).

Long Term Liabilities: SOLI's short term assets (£65.7M) exceed its long term liabilities (£21.6M).


Debt to Equity History and Analysis

Debt Level: SOLI's net debt to equity ratio (2.8%) is considered satisfactory.

Reducing Debt: SOLI's debt to equity ratio has increased from 7.8% to 29.4% over the past 5 years.

Debt Coverage: SOLI's debt is not well covered by operating cash flow (3.2%).

Interest Coverage: SOLI's interest payments on its debt are well covered by EBIT (20.5x coverage).


Balance Sheet


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