Softing Balance Sheet Health
Financial Health criteria checks 5/6
Softing has a total shareholder equity of €54.3M and total debt of €14.8M, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are €103.1M and €48.8M respectively. Softing's EBIT is €3.7M making its interest coverage ratio 5.7. It has cash and short-term investments of €5.2M.
Key information
27.3%
Debt to equity ratio
€14.83m
Debt
Interest coverage ratio | 5.7x |
Cash | €5.20m |
Equity | €54.30m |
Total liabilities | €48.76m |
Total assets | €103.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0G73's short term assets (€46.5M) exceed its short term liabilities (€27.5M).
Long Term Liabilities: 0G73's short term assets (€46.5M) exceed its long term liabilities (€21.3M).
Debt to Equity History and Analysis
Debt Level: 0G73's net debt to equity ratio (17.7%) is considered satisfactory.
Reducing Debt: 0G73's debt to equity ratio has increased from 12% to 27.3% over the past 5 years.
Debt Coverage: 0G73's debt is well covered by operating cash flow (61.3%).
Interest Coverage: 0G73's interest payments on its debt are well covered by EBIT (5.7x coverage).