Solaris Oilfield Infrastructure Balance Sheet Health
Financial Health criteria checks 4/6
Solaris Oilfield Infrastructure has a total shareholder equity of $315.6M and total debt of $30.0M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are $468.3M and $152.7M respectively. Solaris Oilfield Infrastructure's EBIT is $51.9M making its interest coverage ratio 15.7. It has cash and short-term investments of $6.0M.
Key information
9.5%
Debt to equity ratio
US$30.00m
Debt
| Interest coverage ratio | 15.7x |
| Cash | US$5.96m |
| Equity | US$315.58m |
| Total liabilities | US$152.72m |
| Total assets | US$468.30m |
Recent financial health updates
Does Solaris Oilfield Infrastructure (NYSE:SOI) Have A Healthy Balance Sheet?
Jul 13
Solaris Oilfield Infrastructure (NYSE:SOI) Has A Pretty Healthy Balance Sheet
Dec 08Recent updates
Solaris 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 06Solaris Oilfield Infrastructure Non-GAAP EPS of $0.22 in-line, revenue of $84.1M misses by $8.83M
Feb 22Solaris Oilfield Infrastructure: A Better Bet In The Oil Industry
Jan 11Solaris Oilfield Infrastructure (NYSE:SOI) Has A Pretty Healthy Balance Sheet
Dec 08Solaris Oilfield Infrastructure Non-GAAP EPS of $0.24 beats by $0.01, revenue of $89.38M misses by $6.94M
Oct 31Solaris Oilfield Infrastructure: New Offerings Boost Revenues, Expand TAM
Aug 22Rainbows and Unicorns: Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) Analysts Just Became A Lot More Optimistic
Aug 08Solaris Oilfield Infrastructure Non-GAAP EPS of $0.20 beats by $0.07, revenue of $86.71M beats by $21.24M
Aug 01Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) Shares Could Be 26% Above Their Intrinsic Value Estimate
Jun 14Solaris Oilfield Infrastructure: All-Electric Equipment To Benefit From The Recent Increase In The Oil Price
Mar 08Solaris Oilfield Infrastructure's (NYSE:SOI) Dividend Will Be US$0.10
Feb 28Financial Position Analysis
Short Term Liabilities: SOI's short term assets ($67.1M) exceed its short term liabilities ($37.2M).
Long Term Liabilities: SOI's short term assets ($67.1M) do not cover its long term liabilities ($115.5M).
Debt to Equity History and Analysis
Debt Level: SOI's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: SOI's debt to equity ratio has increased from 3.8% to 9.5% over the past 5 years.
Debt Coverage: SOI's debt is well covered by operating cash flow (299.7%).
Interest Coverage: SOI's interest payments on its debt are well covered by EBIT (15.7x coverage).