SOAFEE Balance Sheet Health
Financial Health criteria checks 2/6
SOAFEE has a total shareholder equity of $21.6K and total debt of $27.6K, which brings its debt-to-equity ratio to 127.5%. Its total assets and total liabilities are $3.1M and $3.1M respectively.
Key information
127.5%
Debt to equity ratio
US$27.55k
Debt
| Interest coverage ratio | n/a |
| Cash | US$21.14k |
| Equity | US$21.61k |
| Total liabilities | US$3.06m |
| Total assets | US$3.08m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SOFE's short term assets ($160.4K) do not cover its short term liabilities ($3.1M).
Long Term Liabilities: SOFE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SOFE's net debt to equity ratio (29.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SOFE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SOFE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SOFE's interest payments on its debt are well covered by EBIT.