SKY Network Television Balance Sheet Health
Financial Health criteria checks 6/6
SKY Network Television has a total shareholder equity of NZ$448.7M and total debt of NZ$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NZ$667.4M and NZ$218.7M respectively. SKY Network Television's EBIT is NZ$77.4M making its interest coverage ratio 35.6. It has cash and short-term investments of NZ$47.4M.
Key information
0%
Debt to equity ratio
NZ$0
Debt
| Interest coverage ratio | 35.6x |
| Cash | NZ$47.38m |
| Equity | NZ$448.67m |
| Total liabilities | NZ$218.70m |
| Total assets | NZ$667.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKT's short term assets (NZ$225.4M) exceed its short term liabilities (NZ$200.3M).
Long Term Liabilities: SKT's short term assets (NZ$225.4M) exceed its long term liabilities (NZ$18.4M).
Debt to Equity History and Analysis
Debt Level: SKT is debt free.
Reducing Debt: SKT has no debt compared to 5 years ago when its debt to equity ratio was 20.2%.
Debt Coverage: SKT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SKT has no debt, therefore coverage of interest payments is not a concern.