Shanghai SK Automation Technology Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai SK Automation Technology has a total shareholder equity of CN¥1.5B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 109.6%. Its total assets and total liabilities are CN¥4.6B and CN¥3.1B respectively. Shanghai SK Automation Technology's EBIT is CN¥284.2M making its interest coverage ratio 8.8. It has cash and short-term investments of CN¥344.2M.
Key information
109.6%
Debt to equity ratio
CN¥1.64b
Debt
Interest coverage ratio | 8.8x |
Cash | CN¥344.19m |
Equity | CN¥1.50b |
Total liabilities | CN¥3.09b |
Total assets | CN¥4.59b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688155's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 688155's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥668.4M).
Debt to Equity History and Analysis
Debt Level: 688155's net debt to equity ratio (86.6%) is considered high.
Reducing Debt: 688155's debt to equity ratio has increased from 0% to 109.6% over the past 5 years.
Debt Coverage: 688155's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688155's interest payments on its debt are well covered by EBIT (8.8x coverage).