Shanghai SK Automation TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai SK Automation TechnologyLtd has a total shareholder equity of CN¥2.3B and total debt of CN¥964.8M, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are CN¥5.0B and CN¥2.7B respectively. Shanghai SK Automation TechnologyLtd's EBIT is CN¥323.8M making its interest coverage ratio 10.4. It has cash and short-term investments of CN¥771.0M.
Key information
41.3%
Debt to equity ratio
CN¥964.83m
Debt
| Interest coverage ratio | 10.4x |
| Cash | CN¥771.00m |
| Equity | CN¥2.33b |
| Total liabilities | CN¥2.66b |
| Total assets | CN¥4.99b |
Recent financial health updates
No updates
Recent updates
Shanghai SK Automation TechnologyLtd (SHSE:688155) Could Be Struggling To Allocate Capital
Oct 29
A Piece Of The Puzzle Missing From Shanghai SK Automation Technology Co.,Ltd's (SHSE:688155) 49% Share Price Climb
Oct 09Calculating The Intrinsic Value Of Shanghai SK Automation Technology Co.,Ltd (SHSE:688155)
Oct 03Slammed 36% Shanghai SK Automation Technology Co.,Ltd (SHSE:688155) Screens Well Here But There Might Be A Catch
Jun 05Shanghai SK Automation Technology (SHSE:688155) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 06Investors Still Aren't Entirely Convinced By Shanghai SK Automation Technology Co., Ltd.'s (SHSE:688155) Revenues Despite 26% Price Jump
Mar 11Financial Position Analysis
Short Term Liabilities: 688155's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 688155's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥442.9M).
Debt to Equity History and Analysis
Debt Level: 688155's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: 688155's debt to equity ratio has increased from 0.6% to 41.3% over the past 5 years.
Debt Coverage: 688155's debt is well covered by operating cash flow (74%).
Interest Coverage: 688155's interest payments on its debt are well covered by EBIT (10.4x coverage).