Sotkamo Silver Balance Sheet Health
Financial Health criteria checks 1/6
Sotkamo Silver has a total shareholder equity of SEK294.4M and total debt of SEK252.0M, which brings its debt-to-equity ratio to 85.6%. Its total assets and total liabilities are SEK675.8M and SEK381.4M respectively. Sotkamo Silver's EBIT is SEK75.2M making its interest coverage ratio 2.2. It has cash and short-term investments of SEK37.6M.
Key information
85.6%
Debt to equity ratio
kr252.00m
Debt
| Interest coverage ratio | 2.2x |
| Cash | kr37.60m |
| Equity | kr294.40m |
| Total liabilities | kr381.40m |
| Total assets | kr675.80m |
Recent financial health updates
Is Sotkamo Silver (NGM:SOSI) Using Too Much Debt?
Dec 23
Is 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 22Does Sotkamo Silver (NGM:SOSI) Have A Healthy Balance Sheet?
Apr 01Sotkamo Silver (NGM:SOSI) Takes On Some Risk With Its Use Of Debt
Dec 06Recent updates
Sotkamo 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 07Loss-Making Sotkamo Silver AB (NGM:SOSI) Set To Breakeven
Mar 12We Think Sotkamo Silver (NGM:SOSI) Has A Fair Chunk Of Debt
Feb 05Share Price Aside, Sotkamo Silver (NGM:SOSI) Has Delivered Shareholders A 24% Return.
Dec 30Sotkamo Silver AB's (NGM:SOSI) Shift From Loss To Profit
Nov 25
Financial Position Analysis
Short Term Liabilities: SOSI's short term assets (SEK92.1M) do not cover its short term liabilities (SEK96.0M).
Long Term Liabilities: SOSI's short term assets (SEK92.1M) do not cover its long term liabilities (SEK285.4M).
Debt to Equity History and Analysis
Debt Level: SOSI's net debt to equity ratio (72.8%) is considered high.
Reducing Debt: SOSI's debt to equity ratio has increased from 80.4% to 85.6% over the past 5 years.
Debt Coverage: SOSI's debt is well covered by operating cash flow (40.1%).
Interest Coverage: SOSI's interest payments on its debt are not well covered by EBIT (2.2x coverage).