SK-ElectronicsLTD Balance Sheet Health
Financial Health criteria checks 6/6
SK-ElectronicsLTD has a total shareholder equity of ¥30.2B and total debt of ¥1.4B, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are ¥39.8B and ¥9.6B respectively. SK-ElectronicsLTD's EBIT is ¥3.8B making its interest coverage ratio -128. It has cash and short-term investments of ¥13.9B.
Key information
4.6%
Debt to equity ratio
JP¥1.40b
Debt
| Interest coverage ratio | -128x |
| Cash | JP¥13.93b |
| Equity | JP¥30.24b |
| Total liabilities | JP¥9.55b |
| Total assets | JP¥39.79b |
Recent financial health updates
Is SK-ElectronicsLTD (TYO:6677) A Risky Investment?
Mar 24
Is SK-ElectronicsLTD (TYO:6677) Using Too Much Debt?
Dec 07Recent updates
Is SK-ElectronicsLTD (TYO:6677) A Risky Investment?
Mar 24Shareholders Are Thrilled That The SK-ElectronicsLTD (TYO:6677) Share Price Increased 124%
Feb 17How Much Of SK-Electronics CO.,LTD. (TYO:6677) Do Insiders Own?
Jan 12Is SK-ElectronicsLTD (TYO:6677) Using Too Much Debt?
Dec 07Is SK-ElectronicsLTD (TYO:6677) Likely To Turn Things Around?
Jul 02Financial Position Analysis
Short Term Liabilities: 6677's short term assets (¥25.8B) exceed its short term liabilities (¥8.5B).
Long Term Liabilities: 6677's short term assets (¥25.8B) exceed its long term liabilities (¥1.0B).
Debt to Equity History and Analysis
Debt Level: 6677 has more cash than its total debt.
Reducing Debt: 6677's debt to equity ratio has reduced from 4.8% to 4.6% over the past 5 years.
Debt Coverage: 6677's debt is well covered by operating cash flow (381.6%).
Interest Coverage: 6677 earns more interest than it pays, so coverage of interest payments is not a concern.