SKSHU PaintLtd Balance Sheet Health
Financial Health criteria checks 2/6
SKSHU PaintLtd has a total shareholder equity of CN¥3.1B and total debt of CN¥4.0B, which brings its debt-to-equity ratio to 130.5%. Its total assets and total liabilities are CN¥15.4B and CN¥12.3B respectively. SKSHU PaintLtd's EBIT is CN¥9.8M making its interest coverage ratio 0.1. It has cash and short-term investments of CN¥2.1B.
Key information
130.5%
Debt to equity ratio
CN¥4.01b
Debt
| Interest coverage ratio | 0.07x |
| Cash | CN¥2.11b |
| Equity | CN¥3.08b |
| Total liabilities | CN¥12.29b |
| Total assets | CN¥15.36b |
Recent financial health updates
Is SKSHU PaintLtd (SHSE:603737) A Risky Investment?
Oct 30
Is SKSHU PaintLtd (SHSE:603737) A Risky Investment?
Jun 03Recent updates
Is SKSHU PaintLtd (SHSE:603737) A Risky Investment?
Oct 30When Should You Buy SKSHU Paint Co.,Ltd. (SHSE:603737)?
Oct 14Revenues Not Telling The Story For SKSHU Paint Co.,Ltd. (SHSE:603737) After Shares Rise 33%
Oct 01The Returns On Capital At SKSHU PaintLtd (SHSE:603737) Don't Inspire Confidence
Aug 28SKSHU PaintLtd's (SHSE:603737) Anemic Earnings Might Be Worse Than You Think
Aug 04Revenues Working Against SKSHU Paint Co.,Ltd.'s (SHSE:603737) Share Price Following 25% Dive
Aug 02Is SKSHU PaintLtd (SHSE:603737) A Risky Investment?
Jun 03SKSHU Paint Co.,Ltd.'s (SHSE:603737) 65% Share Price Surge Not Quite Adding Up
May 21Calculating The Fair Value Of SKSHU Paint Co.,Ltd. (SHSE:603737)
May 07Things Look Grim For SKSHU Paint Co.,Ltd. (SHSE:603737) After Today's Downgrade
Apr 24Some Investors May Be Worried About SKSHU PaintLtd's (SHSE:603737) Returns On Capital
Apr 17At CN¥34.55, Is SKSHU Paint Co.,Ltd. (SHSE:603737) Worth Looking At Closely?
Mar 26Revenues Tell The Story For SKSHU Paint Co.,Ltd. (SHSE:603737)
Feb 28Financial Position Analysis
Short Term Liabilities: 603737's short term assets (CN¥8.2B) do not cover its short term liabilities (CN¥10.6B).
Long Term Liabilities: 603737's short term assets (CN¥8.2B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 603737's net debt to equity ratio (61.8%) is considered high.
Reducing Debt: 603737's debt to equity ratio has increased from 54.7% to 130.5% over the past 5 years.
Debt Coverage: 603737's debt is well covered by operating cash flow (43%).
Interest Coverage: 603737's interest payments on its debt are not well covered by EBIT (0.1x coverage).