SOLIDUS COMMUNICATIONS INC Financials

SOLIDUS COMMUNICATIONS INC (SLDC) reported $147K in total revenue for fiscal year 2016. This represents a -15.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

SOLIDUS COMMUNICATIONS INC (SLDC) revenue declined by 15.5% year-over-year, from $174K to $147K in fiscal year 2016.

Yes, SOLIDUS COMMUNICATIONS INC (SLDC) reported a net income of $644K in fiscal year 2016, with a net profit margin of 439.1%.

SOLIDUS COMMUNICATIONS INC (SLDC) reported diluted earnings per share of $0.00 for fiscal year 2016. This represents a 105.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

SOLIDUS COMMUNICATIONS INC (SLDC) had EBITDA of -$213K in fiscal year 2016, measuring earnings before interest, taxes, depreciation, and amortization.

SOLIDUS COMMUNICATIONS INC (SLDC) had an operating margin of -145.1% in fiscal year 2016, reflecting the profitability of core business operations before interest and taxes.

SOLIDUS COMMUNICATIONS INC (SLDC) had a net profit margin of 439.1% in fiscal year 2016, representing the share of revenue converted into profit after all expenses.

SOLIDUS COMMUNICATIONS INC (SLDC) has a return on equity of -12.1% for fiscal year 2016, measuring how efficiently the company generates profit from shareholder equity.

SOLIDUS COMMUNICATIONS INC (SLDC) generated -$268K in operating cash flow during fiscal year 2016, representing cash generated from core business activities.

SOLIDUS COMMUNICATIONS INC (SLDC) had $42K in total assets as of fiscal year 2016, including both current and long-term assets.

SOLIDUS COMMUNICATIONS INC (SLDC) had 215M shares outstanding as of fiscal year 2016.

SOLIDUS COMMUNICATIONS INC (SLDC) had a current ratio of 0.01 as of fiscal year 2016, which is below 1.0, which may suggest potential liquidity concerns.

SOLIDUS COMMUNICATIONS INC (SLDC) had a debt-to-equity ratio of -1.01 as of fiscal year 2016, measuring the company's financial leverage by comparing total debt to shareholder equity.

SOLIDUS COMMUNICATIONS INC (SLDC) had a return on assets of 1548.7% for fiscal year 2016, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2016 data, SOLIDUS COMMUNICATIONS INC (SLDC) had $21K in cash against an annual operating cash burn of $268K. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

SOLIDUS COMMUNICATIONS INC (SLDC) has negative shareholder equity of -$5.3M as of fiscal year 2016, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

SOLIDUS COMMUNICATIONS INC (SLDC) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

SOLIDUS COMMUNICATIONS INC (SLDC) has an earnings quality ratio of -0.42x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

SOLIDUS COMMUNICATIONS INC (SLDC) has an interest coverage ratio of -0.6x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

SOLIDUS COMMUNICATIONS INC (SLDC) scores 0 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.