Skellerup Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Skellerup Holdings has a total shareholder equity of NZ$229.5M and total debt of NZ$32.0M, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are NZ$335.1M and NZ$105.6M respectively. Skellerup Holdings's EBIT is NZ$72.3M making its interest coverage ratio 16.8. It has cash and short-term investments of NZ$16.6M.
Key information
13.9%
Debt to equity ratio
NZ$32.00m
Debt
| Interest coverage ratio | 16.8x |
| Cash | NZ$16.63m |
| Equity | NZ$229.49m |
| Total liabilities | NZ$105.63m |
| Total assets | NZ$335.13m |
Recent financial health updates
Does Skellerup Holdings (NZSE:SKL) Have A Healthy Balance Sheet?
Mar 25
Is Skellerup Holdings (NZSE:SKL) Using Too Much Debt?
Dec 14
Recent updates
Skellerup Holdings (NZSE:SKL) Is Paying Out A Larger Dividend Than Last Year
Sep 02Skellerup Holdings (NZSE:SKL) Is Increasing Its Dividend To NZ$0.1687
Aug 17Pinning Down Skellerup Holdings Limited's (NZSE:SKL) P/E Is Difficult Right Now
May 30Skellerup Holdings (NZSE:SKL) Has Announced A Dividend Of NZ$0.0925
Feb 17Skellerup Holdings' (NZSE:SKL) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 28Skellerup Holdings (NZSE:SKL) Is Paying Out A Larger Dividend Than Last Year
Feb 20Skellerup Holdings' (NZSE:SKL) Dividend Will Be Increased To NZ$0.1415
Sep 13Skellerup Holdings (NZSE:SKL) Is Increasing Its Dividend To NZ$0.1415
Aug 21Is Now The Time To Put Skellerup Holdings (NZSE:SKL) On Your Watchlist?
Jul 29Calculating The Fair Value Of Skellerup Holdings Limited (NZSE:SKL)
Jun 14Skellerup Holdings (NZSE:SKL) Has Announced That It Will Be Increasing Its Dividend To NZ$0.11
Sep 15Skellerup Holdings (NZSE:SKL) Is Increasing Its Dividend To NZ$0.11
Sep 01Results: Skellerup Holdings Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
Aug 22Why The 20% Return On Capital At Skellerup Holdings (NZSE:SKL) Should Have Your Attention
May 08Key Things To Watch Out For If You Are After Skellerup Holdings Limited's (NZSE:SKL) 3.0% Dividend
Apr 08Does Skellerup Holdings (NZSE:SKL) Have A Healthy Balance Sheet?
Mar 25Is Skellerup Holdings Limited (NZSE:SKL) Trading At A 41% Discount?
Mar 11With EPS Growth And More, Skellerup Holdings (NZSE:SKL) Is Interesting
Feb 26Did You Participate In Any Of Skellerup Holdings' (NZSE:SKL) Incredible 313% Return?
Feb 14The Returns At Skellerup Holdings (NZSE:SKL) Provide Us With Signs Of What's To Come
Jan 30How Should Investors React To Skellerup Holdings' (NZSE:SKL) CEO Pay?
Jan 15Are Strong Financial Prospects The Force That Is Driving The Momentum In Skellerup Holdings Limited's NZSE:SKL) Stock?
Dec 29Is Skellerup Holdings (NZSE:SKL) Using Too Much Debt?
Dec 14Is Skellerup Holdings Limited (NZSE:SKL) Trading At A 48% Discount?
Nov 29Financial Position Analysis
Short Term Liabilities: SKL's short term assets (NZ$147.7M) exceed its short term liabilities (NZ$44.0M).
Long Term Liabilities: SKL's short term assets (NZ$147.7M) exceed its long term liabilities (NZ$61.7M).
Debt to Equity History and Analysis
Debt Level: SKL's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: SKL's debt to equity ratio has reduced from 26% to 13.9% over the past 5 years.
Debt Coverage: SKL's debt is well covered by operating cash flow (221.3%).
Interest Coverage: SKL's interest payments on its debt are well covered by EBIT (16.8x coverage).