SKAKO Balance Sheet Health
Financial Health criteria checks 4/6
SKAKO has a total shareholder equity of DKK81.2M and total debt of DKK41.6M, which brings its debt-to-equity ratio to 51.3%. Its total assets and total liabilities are DKK236.5M and DKK155.3M respectively. SKAKO's EBIT is DKK24.2M making its interest coverage ratio -40.6. It has cash and short-term investments of DKK22.3M.
Key information
51.3%
Debt to equity ratio
DKK 41.64m
Debt
| Interest coverage ratio | -40.6x |
| Cash | DKK 22.34m |
| Equity | DKK 81.25m |
| Total liabilities | DKK 155.29m |
| Total assets | DKK 236.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKAKOC's short term assets (DKK178.7M) exceed its short term liabilities (DKK136.9M).
Long Term Liabilities: SKAKOC's short term assets (DKK178.7M) exceed its long term liabilities (DKK18.4M).
Debt to Equity History and Analysis
Debt Level: SKAKOC's net debt to equity ratio (23.8%) is considered satisfactory.
Reducing Debt: SKAKOC's debt to equity ratio has increased from 18% to 51.3% over the past 5 years.
Debt Coverage: SKAKOC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SKAKOC earns more interest than it pays, so coverage of interest payments is not a concern.