Softlab Balance Sheet Health
Financial Health criteria checks 5/6
Softlab has a total shareholder equity of €9.4M and total debt of €2.9M, which brings its debt-to-equity ratio to 31%. Its total assets and total liabilities are €24.2M and €14.8M respectively. Softlab's EBIT is €4.4M making its interest coverage ratio 6.6. It has cash and short-term investments of €2.6M.
Key information
31.0%
Debt to equity ratio
€2.91m
Debt
Interest coverage ratio | 6.6x |
Cash | €2.60m |
Equity | €9.38m |
Total liabilities | €14.82m |
Total assets | €24.19m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SFT's short term assets (€11.8M) exceed its short term liabilities (€10.3M).
Long Term Liabilities: SFT's short term assets (€11.8M) exceed its long term liabilities (€4.5M).
Debt to Equity History and Analysis
Debt Level: SFT's net debt to equity ratio (3.3%) 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 (93.6%).
Interest Coverage: SFT's interest payments on its debt are well covered by EBIT (6.6x coverage).