Skylark Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Skylark Holdings has a total shareholder equity of ¥162.3B and total debt of ¥99.3B, which brings its debt-to-equity ratio to 61.2%. Its total assets and total liabilities are ¥426.1B and ¥263.8B respectively. Skylark Holdings's EBIT is ¥17.7B making its interest coverage ratio 7.2. It has cash and short-term investments of ¥26.9B.
Key information
61.2%
Debt to equity ratio
JP¥99.31b
Debt
| Interest coverage ratio | 7.2x |
| Cash | JP¥26.88b |
| Equity | JP¥162.29b |
| Total liabilities | JP¥263.80b |
| Total assets | JP¥426.09b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3197's short term assets (¥51.1B) do not cover its short term liabilities (¥109.6B).
Long Term Liabilities: 3197's short term assets (¥51.1B) do not cover its long term liabilities (¥154.2B).
Debt to Equity History and Analysis
Debt Level: 3197's net debt to equity ratio (44.6%) is considered high.
Reducing Debt: 3197's debt to equity ratio has reduced from 102% to 61.2% over the past 5 years.
Debt Coverage: 3197's debt is well covered by operating cash flow (71.2%).
Interest Coverage: 3197's interest payments on its debt are well covered by EBIT (7.2x coverage).