Sky ICT Balance Sheet Health
Financial Health criteria checks 4/6
Sky ICT has a total shareholder equity of THB5.0B and total debt of THB4.5B, which brings its debt-to-equity ratio to 88.9%. Its total assets and total liabilities are THB11.2B and THB6.2B respectively. Sky ICT's EBIT is THB531.1M making its interest coverage ratio 1.8. It has cash and short-term investments of THB130.3M.
Key information
88.9%
Debt to equity ratio
฿4.47b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ฿130.31m |
| Equity | ฿5.02b |
| Total liabilities | ฿6.19b |
| Total assets | ฿11.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKY-R's short term assets (THB4.1B) exceed its short term liabilities (THB3.8B).
Long Term Liabilities: SKY-R's short term assets (THB4.1B) exceed its long term liabilities (THB2.4B).
Debt to Equity History and Analysis
Debt Level: SKY-R's net debt to equity ratio (86.3%) is considered high.
Reducing Debt: SKY-R's debt to equity ratio has reduced from 108.7% to 88.9% over the past 5 years.
Debt Coverage: SKY-R's debt is well covered by operating cash flow (32.6%).
Interest Coverage: SKY-R's interest payments on its debt are not well covered by EBIT (1.8x coverage).