Soechi Lines Balance Sheet Health

Financial Health criteria checks 2/6

Soechi Lines has a total shareholder equity of $394.7M and total debt of $183.9M, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are $611.4M and $216.7M respectively. Soechi Lines's EBIT is $29.0M making its interest coverage ratio 2.3. It has cash and short-term investments of $20.6M.

Key information

46.6%

Debt to equity ratio

US$183.87m

Debt

Interest coverage ratio2.3x
CashUS$20.61m
EquityUS$394.70m
Total liabilitiesUS$216.66m
Total assetsUS$611.36m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SOCI's short term assets ($76.6M) exceed its short term liabilities ($68.6M).

Long Term Liabilities: SOCI's short term assets ($76.6M) do not cover its long term liabilities ($148.0M).


Debt to Equity History and Analysis

Debt Level: SOCI's net debt to equity ratio (41.4%) is considered high.

Reducing Debt: SOCI's debt to equity ratio has reduced from 96.5% to 46.6% over the past 5 years.

Debt Coverage: SOCI's debt is not well covered by operating cash flow (11.3%).

Interest Coverage: SOCI's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


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