Solidx Balance Sheet Health
Financial Health criteria checks 5/6
Solidx has a total shareholder equity of SEK39.4M and total debt of SEK9.7M, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are SEK81.1M and SEK41.7M respectively. Solidx's EBIT is SEK2.4M making its interest coverage ratio 10.8. It has cash and short-term investments of SEK10.0M.
Key information
24.7%
Debt to equity ratio
kr9.72m
Debt
| Interest coverage ratio | 10.8x |
| Cash | kr9.99m |
| Equity | kr39.40m |
| Total liabilities | kr41.66m |
| Total assets | kr81.06m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SOLIDX's short term assets (SEK35.5M) exceed its short term liabilities (SEK30.4M).
Long Term Liabilities: SOLIDX's short term assets (SEK35.5M) exceed its long term liabilities (SEK11.2M).
Debt to Equity History and Analysis
Debt Level: SOLIDX has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SOLIDX's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SOLIDX's debt is well covered by operating cash flow (77.9%).
Interest Coverage: SOLIDX's interest payments on its debt are well covered by EBIT (10.8x coverage).