Sotkamo Silver Balance Sheet Health
Financial Health criteria checks 2/6
Sotkamo Silver has a total shareholder equity of SEK288.4M and total debt of SEK246.6M, which brings its debt-to-equity ratio to 85.5%. Its total assets and total liabilities are SEK674.2M and SEK385.8M respectively. Sotkamo Silver's EBIT is SEK54.4M making its interest coverage ratio 1.6. It has cash and short-term investments of SEK76.4M.
Key information
85.5%
Debt to equity ratio
SEK 246.60m
Debt
| Interest coverage ratio | 1.6x |
| Cash | SEK 76.40m |
| Equity | SEK 288.40m |
| Total liabilities | SEK 385.80m |
| Total assets | SEK 674.20m |
Recent financial health updates
These 4 Measures Indicate That Sotkamo Silver (NGM:SOSI) Is Using Debt Extensively
Sep 04
Is Sotkamo Silver (NGM:SOSI) A Risky Investment?
May 22Is Sotkamo Silver (NGM:SOSI) Using Too Much Debt?
Dec 23Is Sotkamo Silver (NGM:SOSI) A Risky Investment?
Jul 29Is Sotkamo Silver (NGM:SOSI) Using Debt In A Risky Way?
Apr 14Does Sotkamo Silver (NGM:SOSI) Have A Healthy Balance Sheet?
Oct 22Recent updates
Sotkamo Silver AB (NGM:SOSI) Stocks Shoot Up 27% But Its P/S Still Looks Reasonable
Nov 06Investors Will Want Sotkamo Silver's (NGM:SOSI) Growth In ROCE To Persist
Oct 19These 4 Measures Indicate That Sotkamo Silver (NGM:SOSI) Is Using Debt Extensively
Sep 04More Unpleasant Surprises Could Be In Store For Sotkamo Silver AB's (NGM:SOSI) Shares After Tumbling 28%
Jun 27We Like These Underlying Return On Capital Trends At Sotkamo Silver (NGM:SOSI)
Jun 27Is Sotkamo Silver (NGM:SOSI) A Risky Investment?
May 22Sotkamo Silver AB's (NGM:SOSI) 48% Price Boost Is Out Of Tune With Revenues
Apr 29Sotkamo Silver AB's (NGM:SOSI) Shares Climb 27% But Its Business Is Yet to Catch Up
Mar 15Sotkamo Silver's (NGM:SOSI) Earnings Are Of Questionable Quality
Feb 22Is Sotkamo Silver (NGM:SOSI) Using Too Much Debt?
Dec 23Is Sotkamo Silver (NGM:SOSI) A Risky Investment?
Jul 29Further Upside For Sotkamo Silver AB (NGM:SOSI) Shares Could Introduce Price Risks After 33% Bounce
Apr 17Is Sotkamo Silver (NGM:SOSI) Using Debt In A Risky Way?
Apr 14Does Sotkamo Silver (NGM:SOSI) Have A Healthy Balance Sheet?
Oct 22Downgrade: The Latest Revenue And EPS Forecasts For Sotkamo Silver AB (NGM:SOSI)
Aug 03There's Been No Shortage Of Growth Recently For Sotkamo Silver's (NGM:SOSI) Returns On Capital
Jul 22Does Sotkamo Silver (NGM:SOSI) Have A Healthy Balance Sheet?
Apr 01Returns At Sotkamo Silver (NGM:SOSI) Are On The Way Up
Feb 20Sotkamo Silver (NGM:SOSI) Takes On Some Risk With Its Use Of Debt
Dec 06There's Been No Shortage Of Growth Recently For Sotkamo Silver's (NGM:SOSI) Returns On Capital
Oct 19Sotkamo Silver (NGM:SOSI) Has A Somewhat Strained Balance Sheet
Jun 02Investors Will Want Sotkamo Silver's (NGM:SOSI) Growth In ROCE To Persist
May 07Financial Position Analysis
Short Term Liabilities: SOSI's short term assets (SEK145.4M) do not cover its short term liabilities (SEK154.4M).
Long Term Liabilities: SOSI's short term assets (SEK145.4M) do not cover its long term liabilities (SEK231.4M).
Debt to Equity History and Analysis
Debt Level: SOSI's net debt to equity ratio (59%) is considered high.
Reducing Debt: SOSI's debt to equity ratio has reduced from 119.2% to 85.5% over the past 5 years.
Debt Coverage: SOSI's debt is well covered by operating cash flow (45.9%).
Interest Coverage: SOSI's interest payments on its debt are not well covered by EBIT (1.6x coverage).