Skyworks Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Skyworks Solutions has a total shareholder equity of $6.3B and total debt of $994.3M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are $8.3B and $1.9B respectively. Skyworks Solutions's EBIT is $787.4M making its interest coverage ratio 25.6. It has cash and short-term investments of $1.6B.
Key information
15.7%
Debt to equity ratio
US$994.30m
Debt
| Interest coverage ratio | 25.6x |
| Cash | US$1.56b |
| Equity | US$6.34b |
| Total liabilities | US$1.95b |
| Total assets | US$8.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SWKS's short term assets ($3.3B) exceed its short term liabilities ($602.7M).
Long Term Liabilities: SWKS's short term assets ($3.3B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: SWKS has more cash than its total debt.
Reducing Debt: SWKS's debt to equity ratio has increased from 0% to 15.7% over the past 5 years.
Debt Coverage: SWKS's debt is well covered by operating cash flow (183.5%).
Interest Coverage: SWKS's interest payments on its debt are well covered by EBIT (25.6x coverage).