Solaris Energy Infrastructure Balance Sheet Health
Financial Health criteria checks 3/6
Solaris Energy Infrastructure has a total shareholder equity of $493.4M and total debt of $317.3M, which brings its debt-to-equity ratio to 64.3%. Its total assets and total liabilities are $939.5M and $446.1M respectively. Solaris Energy Infrastructure's EBIT is $36.0M making its interest coverage ratio 6.8. It has cash and short-term investments of $18.6M.
Key information
64.3%
Debt to equity ratio
US$317.33m
Debt
| Interest coverage ratio | 6.8x |
| Cash | US$18.63m |
| Equity | US$493.38m |
| Total liabilities | US$446.11m |
| Total assets | US$939.49m |
Recent financial health updates
Solaris Energy Infrastructure (NYSE:SEI) Seems To Use Debt Quite Sensibly
Sep 18
Does Solaris Oilfield Infrastructure (NYSE:SOI) Have A Healthy Balance Sheet?
Jul 13Recent updates
Why Solaris Energy Infrastructure's (NYSE:SEI) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 15Why Investors Shouldn't Be Surprised By Solaris Energy Infrastructure, Inc.'s (NYSE:SEI) 29% Share Price Surge
Nov 12Earnings Miss: Solaris Energy Infrastructure, Inc. Missed EPS And Analysts Are Revising Their Forecasts
Nov 07Solaris Energy Infrastructure (NYSE:SEI) Seems To Use Debt Quite Sensibly
Sep 18Solaris Oilfield Bets Big On The Pending Acquisition (Rating Downgrade)
Sep 04Earnings Not Telling The Story For Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) After Shares Rise 34%
Jul 11Solaris Oilfield Infrastructure's (NYSE:SOI) Dividend Will Be $0.12
Apr 29Investors Aren't Buying Solaris Oilfield Infrastructure, Inc.'s (NYSE:SOI) Earnings
Apr 27Solaris Oilfield Reduces CapEx As Frac Industry Consolidates
Nov 29Solaris Oilfield Infrastructure (NYSE:SOI) Will Pay A Larger Dividend Than Last Year At $0.12
Nov 24With EPS Growth And More, Solaris Oilfield Infrastructure (NYSE:SOI) Makes An Interesting Case
Oct 05Rising With The Tides: Solaris In The Oil Landscape (Rating Upgrade)
Sep 15Solaris Oilfield Infrastructure (NYSE:SOI) Has Affirmed Its Dividend Of $0.11
Aug 26Does Solaris Oilfield Infrastructure (NYSE:SOI) Have A Healthy Balance Sheet?
Jul 13Solaris Oilfield Infrastructure: New Products Brings FCF Growth Prospects
Jun 27The Returns At Solaris Oilfield Infrastructure (NYSE:SOI) Aren't Growing
Jun 08Solaris Oilfield Infrastructure's (NYSE:SOI) Dividend Will Be $0.11
May 20Analysts Have Just Cut Their Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) Revenue Estimates By 13%
May 06Financial Position Analysis
Short Term Liabilities: SEI's short term assets ($197.0M) exceed its short term liabilities ($54.6M).
Long Term Liabilities: SEI's short term assets ($197.0M) do not cover its long term liabilities ($391.5M).
Debt to Equity History and Analysis
Debt Level: SEI's net debt to equity ratio (60.5%) is considered high.
Reducing Debt: SEI's debt to equity ratio has increased from 0% to 64.3% over the past 5 years.
Debt Coverage: SEI's debt is well covered by operating cash flow (22.5%).
Interest Coverage: SEI's interest payments on its debt are well covered by EBIT (6.8x coverage).