SKS Technologies Group Balance Sheet Health
Financial Health criteria checks 6/6
SKS Technologies Group has a total shareholder equity of A$7.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$35.2M and A$28.1M respectively. SKS Technologies Group's EBIT is A$1.6M making its interest coverage ratio 2.7. It has cash and short-term investments of A$897.7K.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 2.7x |
| Cash | AU$897.71k |
| Equity | AU$7.16m |
| Total liabilities | AU$28.08m |
| Total assets | AU$35.24m |
Recent financial health updates
Does SKS Technologies Group (ASX:SKS) Have A Healthy Balance Sheet?
Jun 05
We Think SKS Technologies Group (ASX:SKS) Is Taking Some Risk With Its Debt
Oct 11Recent updates
A Piece Of The Puzzle Missing From SKS Technologies Group Limited's (ASX:SKS) 28% Share Price Climb
Mar 04SKS Technologies Group Limited (ASX:SKS) Stock Rockets 40% But Many Are Still Ignoring The Company
Dec 27Does SKS Technologies Group (ASX:SKS) Have A Healthy Balance Sheet?
Jun 05If EPS Growth Is Important To You, SKS Technologies Group (ASX:SKS) Presents An Opportunity
Feb 06Does SKS Technologies Group (ASX:SKS) Deserve A Spot On Your Watchlist?
Nov 07We Think SKS Technologies Group (ASX:SKS) Is Taking Some Risk With Its Debt
Oct 11SKS Technologies Group (ASX:SKS) Is Posting Solid Earnings, But It Is Not All Good News
Sep 06Here's Why We Think SKS Technologies Group (ASX:SKS) Might Deserve Your Attention Today
Aug 01How Much Is SKS Technologies Group's (ASX:SKS) CEO Getting Paid?
Dec 23Financial Position Analysis
Short Term Liabilities: SKS's short term assets (A$24.5M) exceed its short term liabilities (A$22.9M).
Long Term Liabilities: SKS's short term assets (A$24.5M) exceed its long term liabilities (A$5.2M).
Debt to Equity History and Analysis
Debt Level: SKS is debt free.
Reducing Debt: SKS has no debt compared to 5 years ago when its debt to equity ratio was 147.8%.
Debt Coverage: SKS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SKS has no debt, therefore coverage of interest payments is not a concern.