Sky ICT Balance Sheet Health
Financial Health criteria checks 2/6
Sky ICT has a total shareholder equity of THB4.9B and total debt of THB5.0B, which brings its debt-to-equity ratio to 101.4%. Its total assets and total liabilities are THB11.8B and THB6.9B respectively. Sky ICT's EBIT is THB582.6M making its interest coverage ratio 1.9. It has cash and short-term investments of THB471.5M.
Key information
101.4%
Debt to equity ratio
฿5.00b
Debt
Interest coverage ratio | 1.9x |
Cash | ฿471.51m |
Equity | ฿4.93b |
Total liabilities | ฿6.86b |
Total assets | ฿11.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKY-R's short term assets (THB4.5B) exceed its short term liabilities (THB3.9B).
Long Term Liabilities: SKY-R's short term assets (THB4.5B) exceed its long term liabilities (THB2.9B).
Debt to Equity History and Analysis
Debt Level: SKY-R's net debt to equity ratio (91.8%) is considered high.
Reducing Debt: SKY-R's debt to equity ratio has increased from 29.8% to 101.4% over the past 5 years.
Debt Coverage: SKY-R's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: SKY-R's interest payments on its debt are not well covered by EBIT (1.9x coverage).