Sky ICT Balance Sheet Health
Financial Health criteria checks 2/6
Sky ICT has a total shareholder equity of THB4.7B and total debt of THB5.0B, which brings its debt-to-equity ratio to 105.9%. Its total assets and total liabilities are THB11.5B and THB6.8B respectively. Sky ICT's EBIT is THB533.6M making its interest coverage ratio 1.8. It has cash and short-term investments of THB484.2M.
Key information
105.9%
Debt to equity ratio
฿5.00b
Debt
Interest coverage ratio | 1.8x |
Cash | ฿484.20m |
Equity | ฿4.72b |
Total liabilities | ฿6.77b |
Total assets | ฿11.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKY's short term assets (THB4.2B) exceed its short term liabilities (THB3.2B).
Long Term Liabilities: SKY's short term assets (THB4.2B) exceed its long term liabilities (THB3.6B).
Debt to Equity History and Analysis
Debt Level: SKY's net debt to equity ratio (95.6%) is considered high.
Reducing Debt: SKY's debt to equity ratio has increased from 15.3% to 105.9% over the past 5 years.
Debt Coverage: SKY's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: SKY's interest payments on its debt are not well covered by EBIT (1.8x coverage).