Socfinaf Balance Sheet Health
Financial Health criteria checks 6/6
Socfinaf has a total shareholder equity of €463.9M and total debt of €166.9M, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are €797.0M and €333.0M respectively. Socfinaf's EBIT is €112.9M making its interest coverage ratio 7.9. It has cash and short-term investments of €39.7M.
Key information
36.0%
Debt to equity ratio
€166.88m
Debt
| Interest coverage ratio | 7.9x |
| Cash | €39.74m |
| Equity | €463.93m |
| Total liabilities | €333.05m |
| Total assets | €796.98m |
Recent financial health updates
Is Socfinaf (BDL:SOFAF) A Risky Investment?
Oct 27
Socfinaf (BDL:SOFAF) Takes On Some Risk With Its Use Of Debt
May 07Recent updates
Socfinaf S.A.'s (BDL:SOFAF) Share Price Could Signal Some Risk
Jun 15We Think You Can Look Beyond Socfinaf's (BDL:SOFAF) Lackluster Earnings
May 04Why We Like The Returns At Socfinaf (BDL:SOFAF)
Jan 06Is Socfinaf (BDL:SOFAF) A Risky Investment?
Oct 27Socfinaf's (BDL:SOFAF) Robust Earnings Are Supported By Other Strong Factors
Sep 30A Look At The Fair Value Of Socfinaf S.A. (BDL:SOFAF)
Jun 09Socfinaf (BDL:SOFAF) Takes On Some Risk With Its Use Of Debt
May 07Is There More Growth In Store For Socfinaf's (BDL:SOFAF) Returns On Capital?
Feb 18Would Shareholders Who Purchased Socfinaf's (BDL:SOFAF) Stock Three Years Be Happy With The Share price Today?
Jan 03Financial Position Analysis
Short Term Liabilities: SOFAF's short term assets (€196.8M) exceed its short term liabilities (€166.9M).
Long Term Liabilities: SOFAF's short term assets (€196.8M) exceed its long term liabilities (€166.1M).
Debt to Equity History and Analysis
Debt Level: SOFAF's net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: SOFAF's debt to equity ratio has reduced from 55.9% to 36% over the past 5 years.
Debt Coverage: SOFAF's debt is well covered by operating cash flow (88.1%).
Interest Coverage: SOFAF's interest payments on its debt are well covered by EBIT (7.9x coverage).