Solomon Systech (International) Balance Sheet Health
Financial Health criteria checks 5/6
Solomon Systech (International) has a total shareholder equity of $126.9M and total debt of $1.7M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are $157.4M and $30.5M respectively. Solomon Systech (International)'s EBIT is $16.1M making its interest coverage ratio -6.5. It has cash and short-term investments of $82.9M.
Key information
1.3%
Debt to equity ratio
US$1.66m
Debt
| Interest coverage ratio | -6.5x |
| Cash | US$82.86m |
| Equity | US$126.93m |
| Total liabilities | US$30.50m |
| Total assets | US$157.43m |
Recent financial health updates
No updates
Recent updates
Investors Can Find Comfort In Solomon Systech (International)'s (HKG:2878) Earnings Quality
May 03
Returns On Capital Are Showing Encouraging Signs At Solomon Systech (International) (HKG:2878)
Apr 22Solomon Systech (International) Limited's (HKG:2878) Shares Bounce 29% But Its Business Still Trails The Market
Mar 13Solomon Systech (International) Limited (HKG:2878) Looks Inexpensive But Perhaps Not Attractive Enough
Jan 23Solomon Systech (International)'s (HKG:2878) Returns On Capital Are Heading Higher
Dec 04We Like Solomon Systech (International)'s (HKG:2878) Returns And Here's How They're Trending
Aug 15Solomon Systech (International) (HKG:2878) Is Investing Its Capital With Increasing Efficiency
Jan 10Under The Bonnet, Solomon Systech (International)'s (HKG:2878) Returns Look Impressive
Sep 19Solomon Systech (International) Limited's (HKG:2878) Business Is Trailing The Market But Its Shares Aren't
Jun 10The Trend Of High Returns At Solomon Systech (International) (HKG:2878) Has Us Very Interested
Mar 30Financial Position Analysis
Short Term Liabilities: 2878's short term assets ($148.6M) exceed its short term liabilities ($30.0M).
Long Term Liabilities: 2878's short term assets ($148.6M) exceed its long term liabilities ($521.0K).
Debt to Equity History and Analysis
Debt Level: 2878 has more cash than its total debt.
Reducing Debt: 2878's debt to equity ratio has increased from 0.3% to 1.3% over the past 5 years.
Debt Coverage: 2878's debt is well covered by operating cash flow (2281.6%).
Interest Coverage: 2878 earns more interest than it pays, so coverage of interest payments is not a concern.