SKSHU PaintLtd Balance Sheet Health
Financial Health criteria checks 3/6
SKSHU PaintLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥4.3B, which brings its debt-to-equity ratio to 150.5%. Its total assets and total liabilities are CN¥14.8B and CN¥12.0B respectively. SKSHU PaintLtd's EBIT is CN¥304.3M making its interest coverage ratio 3.8. It has cash and short-term investments of CN¥1.6B.
Key information
150.5%
Debt to equity ratio
CN¥4.25b
Debt
| Interest coverage ratio | 3.8x |
| Cash | CN¥1.56b |
| Equity | CN¥2.83b |
| Total liabilities | CN¥11.97b |
| Total assets | CN¥14.80b |
Recent financial health updates
Recent updates
When Should You Buy SKSHU Paint Co.,Ltd. (SHSE:603737)?
Oct 14
Revenues 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¥7.6B) do not cover its short term liabilities (CN¥10.1B).
Long Term Liabilities: 603737's short term assets (CN¥7.6B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 603737's net debt to equity ratio (95.4%) is considered high.
Reducing Debt: 603737's debt to equity ratio has increased from 52.5% to 150.5% over the past 5 years.
Debt Coverage: 603737's debt is well covered by operating cash flow (27.5%).
Interest Coverage: 603737's interest payments on its debt are well covered by EBIT (3.8x coverage).