SolTech Energy Sweden Balance Sheet Health
Financial Health criteria checks 6/6
SolTech Energy Sweden has a total shareholder equity of SEK1.0B and total debt of SEK157.0M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are SEK2.5B and SEK1.5B respectively. SolTech Energy Sweden's EBIT is SEK52.0M making its interest coverage ratio 0.8. It has cash and short-term investments of SEK212.3M.
Key information
15.4%
Debt to equity ratio
kr157.02m
Debt
| Interest coverage ratio | 0.8x |
| Cash | kr212.26m |
| Equity | kr1.02b |
| Total liabilities | kr1.49b |
| Total assets | kr2.50b |
Recent financial health updates
Here's Why SolTech Energy Sweden (STO:SOLT) Has A Meaningful Debt Burden
Apr 24
SolTech Energy Sweden (STO:SOLT) Has Debt But No Earnings; Should You Worry?
Dec 25Does SolTech Energy Sweden (STO:SOLT) Have A Healthy Balance Sheet?
Aug 24Is SolTech Energy Sweden (STO:SOLT) Using Too Much Debt?
May 05Is SolTech Energy Sweden (STO:SOLT) Using Too Much Debt?
Aug 16Does SolTech Energy Sweden (STO:SOLT) Have A Healthy Balance Sheet?
Feb 18Recent updates
Here's Why SolTech Energy Sweden (STO:SOLT) Has A Meaningful Debt Burden
Apr 24Positive Sentiment Still Eludes SolTech Energy Sweden AB (publ) (STO:SOLT) Following 25% Share Price Slump
Mar 16Improved Revenues Required Before SolTech Energy Sweden AB (publ) (STO:SOLT) Shares Find Their Feet
Jan 30SolTech Energy Sweden (STO:SOLT) Has Debt But No Earnings; Should You Worry?
Dec 25Does SolTech Energy Sweden (STO:SOLT) Have A Healthy Balance Sheet?
Aug 24Investors Aren't Entirely Convinced By SolTech Energy Sweden AB (publ)'s (STO:SOLT) Revenues
Jun 23Is SolTech Energy Sweden (STO:SOLT) Using Too Much Debt?
May 05Is SolTech Energy Sweden (STO:SOLT) Using Too Much Debt?
Aug 16We Believe SolTech Energy Sweden's (STO:SOLT) Earnings Are A Poor Guide For Its Profitability
Mar 03Does SolTech Energy Sweden (STO:SOLT) Have A Healthy Balance Sheet?
Feb 18These 4 Measures Indicate That SolTech Energy Sweden (STO:SOLT) Is Using Debt Extensively
Sep 05Returns On Capital Are Showing Encouraging Signs At SolTech Energy Sweden (STO:SOLT)
Jun 11These 4 Measures Indicate That SolTech Energy Sweden (STO:SOLT) Is Using Debt Extensively
May 07What We Make Of SolTech Energy Sweden's (STO:SOLT) Returns On Capital
Feb 23SolTech Energy Sweden (STO:SOLT) Use Of Debt Could Be Considered Risky
Jan 19
Shareholders of SolTech Energy Sweden (STO:SOLT) Must Be Delighted With Their 354% Total Return
Dec 15Financial Position Analysis
Short Term Liabilities: SOLT's short term assets (SEK1.1B) exceed its short term liabilities (SEK947.9M).
Long Term Liabilities: SOLT's short term assets (SEK1.1B) exceed its long term liabilities (SEK537.7M).
Debt to Equity History and Analysis
Debt Level: SOLT has more cash than its total debt.
Reducing Debt: SOLT's debt to equity ratio has reduced from 164.3% to 15.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SOLT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SOLT has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 7% each year.