Solis Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Solis Holdings has a total shareholder equity of SGD49.2M and total debt of SGD5.5M, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are SGD70.1M and SGD20.9M respectively.
Key information
11.2%
Debt to equity ratio
S$5.48m
Debt
Interest coverage ratio | n/a |
Cash | S$13.81m |
Equity | S$49.17m |
Total liabilities | S$20.93m |
Total assets | S$70.10m |
Financial Position Analysis
Short Term Liabilities: 2227's short term assets (SGD20.4M) exceed its short term liabilities (SGD15.2M).
Long Term Liabilities: 2227's short term assets (SGD20.4M) exceed its long term liabilities (SGD5.8M).
Debt to Equity History and Analysis
Debt Level: 2227 has more cash than its total debt.
Reducing Debt: 2227's debt to equity ratio has increased from 2.4% to 11.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 2227 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 2227 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.