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
No updates
Recent updates
Financial 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.