SOCEP Balance Sheet Health
Financial Health criteria checks 4/6
SOCEP has a total shareholder equity of RON362.7M and total debt of RON44.5M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are RON644.4M and RON281.7M respectively. SOCEP's EBIT is RON50.5M making its interest coverage ratio 66.8. It has cash and short-term investments of RON84.4M.
Key information
12.3%
Debt to equity ratio
RON44.48m
Debt
| Interest coverage ratio | 66.8x |
| Cash | RON84.38m |
| Equity | RON362.69m |
| Total liabilities | RON281.72m |
| Total assets | RON644.41m |
Recent financial health updates
Is SOCEP (BVB:SOCP) A Risky Investment?
Mar 27
SOCEP (BVB:SOCP) Has A Pretty Healthy Balance Sheet
Aug 14Is SOCEP (BVB:SOCP) A Risky Investment?
May 27Recent updates
Is SOCEP (BVB:SOCP) A Risky Investment?
Mar 27There's Been No Shortage Of Growth Recently For SOCEP's (BVB:SOCP) Returns On Capital
Jan 13SOCEP (BVB:SOCP) Has A Pretty Healthy Balance Sheet
Aug 14Here's Why SOCEP (BVB:SOCP) Has Caught The Eye Of Investors
Jul 26The Return Trends At SOCEP (BVB:SOCP) Look Promising
Nov 18Returns On Capital At SOCEP (BVB:SOCP) Have Stalled
Jul 25Here's What's Concerning About SOCEP's (BVB:SOCP) Returns On Capital
Feb 23The Returns On Capital At SOCEP (BVB:SOCP) Don't Inspire Confidence
Sep 15Is SOCEP (BVB:SOCP) A Risky Investment?
May 27Returns At SOCEP (BVB:SOCP) Appear To Be Weighed Down
Apr 22Should We Be Excited About The Trends Of Returns At SOCEP (BVB:SOCP)?
Dec 29
Financial Position Analysis
Short Term Liabilities: SOCP's short term assets (RON149.8M) exceed its short term liabilities (RON64.8M).
Long Term Liabilities: SOCP's short term assets (RON149.8M) do not cover its long term liabilities (RON216.9M).
Debt to Equity History and Analysis
Debt Level: SOCP has more cash than its total debt.
Reducing Debt: SOCP's debt to equity ratio has reduced from 14.1% to 12.3% over the past 5 years.
Debt Coverage: Insufficient data to determine if SOCP's debt is well covered by operating cash flow.
Interest Coverage: SOCP's interest payments on its debt are well covered by EBIT (66.8x coverage).