Skyverse Technology Balance Sheet Health
Financial Health criteria checks 5/6
Skyverse Technology has a total shareholder equity of CN¥2.4B and total debt of CN¥93.0M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CN¥3.6B and CN¥1.1B respectively. Skyverse Technology's EBIT is CN¥24.0M making its interest coverage ratio -1. It has cash and short-term investments of CN¥1.2B.
Key information
3.8%
Debt to equity ratio
CN¥93.04m
Debt
| Interest coverage ratio | -1x |
| Cash | CN¥1.23b |
| Equity | CN¥2.45b |
| Total liabilities | CN¥1.13b |
| Total assets | CN¥3.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688361's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥990.3M).
Long Term Liabilities: 688361's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥142.1M).
Debt to Equity History and Analysis
Debt Level: 688361 has more cash than its total debt.
Reducing Debt: 688361's debt to equity ratio has reduced from 6.9% to 3.8% over the past 5 years.
Debt Coverage: 688361's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688361 earns more interest than it pays, so coverage of interest payments is not a concern.