SOL Global Investments Balance Sheet Health
Financial Health criteria checks 5/6
SOL Global Investments has a total shareholder equity of CA$6.3M and total debt of CA$33.8M, which brings its debt-to-equity ratio to 538.3%. Its total assets and total liabilities are CA$107.2M and CA$100.9M respectively.
Key information
538.3%
Debt to equity ratio
CA$33.79m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$90.77m |
| Equity | CA$6.28m |
| Total liabilities | CA$100.94m |
| Total assets | CA$107.22m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOLC.F's short term assets (CA$107.0M) exceed its short term liabilities (CA$82.1M).
Long Term Liabilities: SOLC.F's short term assets (CA$107.0M) exceed its long term liabilities (CA$18.9M).
Debt to Equity History and Analysis
Debt Level: SOLC.F has more cash than its total debt.
Reducing Debt: SOLC.F's debt to equity ratio has increased from 0.3% to 538.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SOLC.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SOLC.F has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 19.1% each year