Skyworth Digital Balance Sheet Health
Financial Health criteria checks 6/6
Skyworth Digital has a total shareholder equity of CN¥6.5B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are CN¥11.3B and CN¥4.8B respectively. Skyworth Digital's EBIT is CN¥473.2M making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥3.5B.
Key information
16.7%
Debt to equity ratio
CN¥1.08b
Debt
Interest coverage ratio | -4.7x |
Cash | CN¥3.51b |
Equity | CN¥6.47b |
Total liabilities | CN¥4.83b |
Total assets | CN¥11.30b |
Recent financial health updates
Recent updates
Slowing 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¥9.2B) exceed its short term liabilities (CN¥4.6B).
Long Term Liabilities: 000810's short term assets (CN¥9.2B) exceed its long term liabilities (CN¥194.3M).
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 31.9% to 16.7% over the past 5 years.
Debt Coverage: 000810's debt is well covered by operating cash flow (45%).
Interest Coverage: 000810 earns more interest than it pays, so coverage of interest payments is not a concern.