Softlab Balance Sheet Health
Financial Health criteria checks 5/6
Softlab has a total shareholder equity of €9.3M and total debt of €2.8M, which brings its debt-to-equity ratio to 30.1%. Its total assets and total liabilities are €26.4M and €17.1M respectively. Softlab's EBIT is €2.3M making its interest coverage ratio 9. It has cash and short-term investments of €1.7M.
Key information
30.1%
Debt to equity ratio
€2.81m
Debt
| Interest coverage ratio | 9x |
| Cash | €1.74m |
| Equity | €9.32m |
| Total liabilities | €17.07m |
| Total assets | €26.38m |
Recent financial health updates
No updates
Recent updates
Softlab S.p.A. (BIT:SFT) Stock's 25% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Nov 14
A Look At The Intrinsic Value Of Softlab S.p.A. (BIT:SFT)
Apr 18Be Wary Of Softlab (BIT:SFT) And Its Returns On Capital
Jan 24Softlab's (BIT:SOF) Returns On Capital Not Reflecting Well On The Business
Mar 21Financial Position Analysis
Short Term Liabilities: SFT's short term assets (€14.1M) exceed its short term liabilities (€12.8M).
Long Term Liabilities: SFT's short term assets (€14.1M) exceed its long term liabilities (€4.3M).
Debt to Equity History and Analysis
Debt Level: SFT's net debt to equity ratio (11.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SFT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SFT's debt is well covered by operating cash flow (67.5%).
Interest Coverage: SFT's interest payments on its debt are well covered by EBIT (9x coverage).