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 ratio | 2.3x |
| Cash | US$20.61m |
| Equity | US$394.70m |
| Total liabilities | US$216.66m |
| Total assets | US$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).