Somec Balance Sheet Health
Financial Health criteria checks 1/6
Somec has a total shareholder equity of €21.0M and total debt of €110.9M, which brings its debt-to-equity ratio to 529.1%. Its total assets and total liabilities are €328.8M and €307.9M respectively.
Key information
529.1%
Debt to equity ratio
€110.90m
Debt
| Interest coverage ratio | n/a |
| Cash | €67.44m |
| Equity | €20.96m |
| Total liabilities | €307.88m |
| Total assets | €328.85m |
Recent financial health updates
Somec (BIT:SOM) Has A Pretty Healthy Balance Sheet
Nov 16
Is Somec (BIT:SOM) Using Too Much Debt?
Apr 07Somec (BIT:SOM) Is Carrying A Fair Bit Of Debt
Apr 15Recent updates
Some Investors May Be Worried About Somec's (BIT:SOM) Returns On Capital
Mar 12Take Care Before Jumping Onto Somec S.p.A. (BIT:SOM) Even Though It's 33% Cheaper
Mar 12Somec (BIT:SOM) Has A Pretty Healthy Balance Sheet
Nov 16Somec's (BIT:SOM) Returns On Capital Not Reflecting Well On The Business
Oct 24Is It Time To Consider Buying Somec S.p.A. (BIT:SOM)?
Oct 20Somec (BIT:SOM) Will Be Hoping To Turn Its Returns On Capital Around
May 26Is Somec (BIT:SOM) Using Too Much Debt?
Apr 07Be Wary Of Somec (BIT:SOM) And Its Returns On Capital
Jun 10Somec (BIT:SOM) Is Carrying A Fair Bit Of Debt
Apr 15Is There An Opportunity With Somec S.p.A.'s (BIT:SOM) 32% Undervaluation?
Mar 04How Good Is Somec S.p.A. (BIT:SOM), When It Comes To ROE?
Feb 11
Reflecting on Somec's (BIT:SOM) Share Price Returns Over The Last Year
Jan 19We're Watching These Trends At Somec (BIT:SOM)
Dec 31Does Somec's (BIT:SOM) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 20Financial Position Analysis
Short Term Liabilities: SOM's short term assets (€221.9M) do not cover its short term liabilities (€246.3M).
Long Term Liabilities: SOM's short term assets (€221.9M) exceed its long term liabilities (€61.6M).
Debt to Equity History and Analysis
Debt Level: SOM's net debt to equity ratio (207.3%) is considered high.
Reducing Debt: SOM's debt to equity ratio has increased from 56.4% to 529.1% over the past 5 years.
Debt Coverage: SOM's debt is not well covered by operating cash flow (0.1%).
Interest Coverage: Insufficient data to determine if SOM's interest payments on its debt are well covered by EBIT.