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¥1.4B, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are CN¥5.0B and CN¥2.7B respectively. Shanghai SK Automation TechnologyLtd's EBIT is CN¥327.3M making its interest coverage ratio 8.8. It has cash and short-term investments of CN¥1.1B.
Key information
59.9%
Debt to equity ratio
CN¥1.37b
Debt
| Interest coverage ratio | 8.8x |
| Cash | CN¥1.10b |
| Equity | CN¥2.28b |
| Total liabilities | CN¥2.73b |
| Total assets | CN¥5.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688155's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 688155's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥763.5M).
Debt to Equity History and Analysis
Debt Level: 688155's net debt to equity ratio (11.9%) is considered satisfactory.
Reducing Debt: 688155's debt to equity ratio has increased from 0.4% to 59.9% over the past 5 years.
Debt Coverage: 688155's debt is well covered by operating cash flow (28.2%).
Interest Coverage: 688155's interest payments on its debt are well covered by EBIT (8.8x coverage).