Sono-Tek Financial Health
How is Sono-Tek's financial position?
[object Object] Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SOTK's short term assets ($15.7M) exceed its short term liabilities ($4.3M).
Long Term Liabilities: SOTK's short term assets ($15.7M) exceed its long term liabilities ($165.6K).
Debt to Equity History and Analysis
Debt Level: SOTK is debt free.
Reducing Debt: SOTK has no debt compared to 5 years ago when its debt to equity ratio was 13.6%.
Debt Coverage: SOTK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SOTK has no debt, therefore coverage of interest payments is not a concern.