SKAN Group Balance Sheet Health
Financial Health criteria checks 5/6
SKAN Group has a total shareholder equity of CHF178.6M and total debt of CHF6.3M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are CHF352.4M and CHF173.7M respectively. SKAN Group's EBIT is CHF40.5M making its interest coverage ratio -11.5. It has cash and short-term investments of CHF48.1M.
Key information
3.5%
Debt to equity ratio
CHF 6.30m
Debt
| Interest coverage ratio | -11.5x |
| Cash | CHF 48.07m |
| Equity | CHF 178.62m |
| Total liabilities | CHF 173.75m |
| Total assets | CHF 352.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0SKN's short term assets (CHF220.0M) exceed its short term liabilities (CHF158.2M).
Long Term Liabilities: 0SKN's short term assets (CHF220.0M) exceed its long term liabilities (CHF15.6M).
Debt to Equity History and Analysis
Debt Level: 0SKN has more cash than its total debt.
Reducing Debt: 0SKN's debt to equity ratio has increased from 0% to 3.5% over the past 5 years.
Debt Coverage: 0SKN's debt is well covered by operating cash flow (228%).
Interest Coverage: 0SKN earns more interest than it pays, so coverage of interest payments is not a concern.