SOLIDUS COMMUNICATION INC (SLDC) Financials

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

SOLIDUS COMMUNICATION INC (SLDC) recorded an outflow of $268K in operating cash flow during fiscal year 2016, representing cash used by core business activities.

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

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

SOLIDUS COMMUNICATION 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 COMMUNICATION 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.

SOLIDUS COMMUNICATION INC (SLDC) trades at 0.7x earnings, its market capitalization divided by net income of $644K net income, FY2016. The market capitalization is $437K as of Oct 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

SOLIDUS COMMUNICATION INC (SLDC) trades at 3.0x sales, its market capitalization divided by revenue of $147K revenue, FY2016. The market capitalization is $437K as of Oct 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

At the end of fiscal year 2016, SOLIDUS COMMUNICATION INC (SLDC) held $21K in cash, cash equivalents and investments, and reported an operating cash outflow of $268K over that year. Dividing the one by the other, the reported balance equals about 1 month of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

SOLIDUS COMMUNICATION INC (SLDC) has negative shareholder equity of -$5.3M as of fiscal year 2016, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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 COMMUNICATION INC (SLDC) has an Altman Z-Score of -373.53, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

SOLIDUS COMMUNICATION INC (SLDC) has a Piotroski F-Score of 2 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

For every $1 of reported earnings, SOLIDUS COMMUNICATION INC (SLDC) used $0.42 of operating cash (-$268K OCF vs $644K net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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 COMMUNICATION INC (SLDC) reported an operating loss of $213K against $335K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.