Skyworth Digital Balance Sheet Health
Financial Health criteria checks 6/6
Skyworth Digital has a total shareholder equity of CN¥6.4B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are CN¥11.1B and CN¥4.7B respectively. Skyworth Digital's EBIT is CN¥279.0M making its interest coverage ratio -3.6. It has cash and short-term investments of CN¥3.8B.
Key information
17.0%
Debt to equity ratio
CN¥1.09b
Debt
| Interest coverage ratio | -3.6x |
| Cash | CN¥3.75b |
| Equity | CN¥6.42b |
| Total liabilities | CN¥4.71b |
| Total assets | CN¥11.13b |
Recent financial health updates
Is Skyworth Digital (SZSE:000810) Using Too Much Debt?
Oct 08
Skyworth Digital (SZSE:000810) Seems To Use Debt Quite Sensibly
Mar 19Recent updates
Skyworth Digital Co., Ltd.'s (SZSE:000810) Shares Leap 34% Yet They're Still Not Telling The Full Story
Oct 18Is Skyworth Digital (SZSE:000810) Using Too Much Debt?
Oct 08Skyworth Digital Co., Ltd.'s (SZSE:000810) Shares Leap 45% Yet They're Still Not Telling The Full Story
Sep 02Skyworth Digital's (SZSE:000810) Anemic Earnings Might Be Worse Than You Think
Aug 30Skyworth Digital (SZSE:000810) Will Want To Turn Around Its Return Trends
Aug 08Little Excitement Around Skyworth Digital Co., Ltd.'s (SZSE:000810) Earnings
Jul 18Are Investors Undervaluing Skyworth Digital Co., Ltd. (SZSE:000810) By 23%?
May 26Slowing Rates Of Return At Skyworth Digital (SZSE:000810) Leave Little Room For Excitement
Apr 11Bearish: Analysts Just Cut Their Skyworth Digital Co., Ltd. (SZSE:000810) Revenue and EPS estimates
Mar 26Skyworth Digital (SZSE:000810) Seems To Use Debt Quite Sensibly
Mar 19Skyworth Digital Co., Ltd.'s (SZSE:000810) Subdued P/E Might Signal An Opportunity
Feb 29Financial Position Analysis
Short Term Liabilities: 000810's short term assets (CN¥8.7B) exceed its short term liabilities (CN¥4.5B).
Long Term Liabilities: 000810's short term assets (CN¥8.7B) exceed its long term liabilities (CN¥243.9M).
Debt to Equity History and Analysis
Debt Level: 000810 has more cash than its total debt.
Reducing Debt: 000810's debt to equity ratio has reduced from 56.9% to 17% over the past 5 years.
Debt Coverage: 000810's debt is well covered by operating cash flow (63.8%).
Interest Coverage: 000810 earns more interest than it pays, so coverage of interest payments is not a concern.