Skyline Investment Balance Sheet Health
Financial Health criteria checks 4/6
Skyline Investment has a total shareholder equity of PLN62.9M and total debt of PLN255.0K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are PLN76.6M and PLN13.7M respectively. Skyline Investment's EBIT is PLN20.2M making its interest coverage ratio -5060.8. It has cash and short-term investments of PLN463.0K.
Key information
0.4%
Debt to equity ratio
zł255.00k
Debt
| Interest coverage ratio | -5060.8x |
| Cash | zł463.00k |
| Equity | zł62.92m |
| Total liabilities | zł13.65m |
| Total assets | zł76.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKL's short term assets (PLN692.0K) do not cover its short term liabilities (PLN1.9M).
Long Term Liabilities: SKL's short term assets (PLN692.0K) do not cover its long term liabilities (PLN11.8M).
Debt to Equity History and Analysis
Debt Level: SKL has more cash than its total debt.
Reducing Debt: SKL's debt to equity ratio has reduced from 29% to 0.4% over the past 5 years.
Debt Coverage: SKL's debt is well covered by operating cash flow (32.9%).
Interest Coverage: SKL earns more interest than it pays, so coverage of interest payments is not a concern.