Soechi Lines Balance Sheet Health
Financial Health criteria checks 2/6
Soechi Lines has a total shareholder equity of $386.1M and total debt of $181.0M, which brings its debt-to-equity ratio to 46.9%. Its total assets and total liabilities are $597.8M and $211.8M respectively. Soechi Lines's EBIT is $27.8M making its interest coverage ratio 2. It has cash and short-term investments of $14.5M.
Key information
46.9%
Debt to equity ratio
US$181.03m
Debt
Interest coverage ratio | 2x |
Cash | US$14.48m |
Equity | US$386.07m |
Total liabilities | US$211.76m |
Total assets | US$597.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOCI's short term assets ($72.5M) exceed its short term liabilities ($61.4M).
Long Term Liabilities: SOCI's short term assets ($72.5M) do not cover its long term liabilities ($150.3M).
Debt to Equity History and Analysis
Debt Level: SOCI's net debt to equity ratio (43.1%) is considered high.
Reducing Debt: SOCI's debt to equity ratio has reduced from 97.8% to 46.9% over the past 5 years.
Debt Coverage: SOCI's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: SOCI's interest payments on its debt are not well covered by EBIT (2x coverage).