Solaris d.d Balance Sheet Health
Financial Health criteria checks 2/6
Solaris d.d has a total shareholder equity of €84.0M and total debt of €71.7M, which brings its debt-to-equity ratio to 85.4%. Its total assets and total liabilities are €175.8M and €91.8M respectively. Solaris d.d's EBIT is €4.6M making its interest coverage ratio 2.3. It has cash and short-term investments of €1.3M.
Key information
85.4%
Debt to equity ratio
€71.72m
Debt
Interest coverage ratio | 2.3x |
Cash | €1.27m |
Equity | €84.02m |
Total liabilities | €91.75m |
Total assets | €175.77m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLRS's short term assets (€14.4M) do not cover its short term liabilities (€30.2M).
Long Term Liabilities: SLRS's short term assets (€14.4M) do not cover its long term liabilities (€61.5M).
Debt to Equity History and Analysis
Debt Level: SLRS's net debt to equity ratio (83.9%) is considered high.
Reducing Debt: SLRS's debt to equity ratio has reduced from 92.2% to 85.4% over the past 5 years.
Debt Coverage: SLRS's debt is well covered by operating cash flow (23.6%).
Interest Coverage: SLRS's interest payments on its debt are not well covered by EBIT (2.3x coverage).