Skyline Investment Balance Sheet Health
Financial Health criteria checks 3/6
Skyline Investment has a total shareholder equity of PLN62.5M and total debt of PLN229.0K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are PLN76.2M and PLN13.7M respectively. Skyline Investment's EBIT is PLN20.0M making its interest coverage ratio 6669. It has cash and short-term investments of PLN203.0K.
Key information
0.4%
Debt to equity ratio
zł229.00k
Debt
Interest coverage ratio | 6669x |
Cash | zł203.00k |
Equity | zł62.49m |
Total liabilities | zł13.68m |
Total assets | zł76.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKL's short term assets (PLN379.0K) do not cover its short term liabilities (PLN1.9M).
Long Term Liabilities: SKL's short term assets (PLN379.0K) do not cover its long term liabilities (PLN11.7M).
Debt to Equity History and Analysis
Debt Level: SKL's net debt to equity ratio (0.04%) is considered satisfactory.
Reducing Debt: SKL's debt to equity ratio has reduced from 27.4% to 0.4% over the past 5 years.
Debt Coverage: SKL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SKL's interest payments on its debt are well covered by EBIT (6669x coverage).