Skytech Balance Sheet Health

Financial Health criteria checks 5/6

Skytech has a total shareholder equity of NT$3.3B and total debt of NT$204.8M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are NT$4.0B and NT$741.7M respectively. Skytech's EBIT is NT$404.9M making its interest coverage ratio -45.4. It has cash and short-term investments of NT$908.1M.

Key information

6.3%

Debt to equity ratio

NT$204.76m

Debt

Interest coverage ratio-45.4x
CashNT$908.09m
EquityNT$3.26b
Total liabilitiesNT$741.74m
Total assetsNT$4.01b

Recent financial health updates

Recent updates

We Think That There Are Issues Underlying Skytech's (TWSE:6937) Earnings

Nov 19
We Think That There Are Issues Underlying Skytech's (TWSE:6937) Earnings

Is Skytech (TWSE:6937) Using Too Much Debt?

Nov 07
Is Skytech (TWSE:6937) Using Too Much Debt?

Here's Why We Think Skytech (TWSE:6937) Is Well Worth Watching

Oct 09
Here's Why We Think Skytech (TWSE:6937) Is Well Worth Watching

We Think Skytech (TWSE:6937) Can Stay On Top Of Its Debt

Aug 04
We Think Skytech (TWSE:6937) Can Stay On Top Of Its Debt

Skytech's (TWSE:6937) Returns On Capital Are Heading Higher

Jun 27
Skytech's (TWSE:6937) Returns On Capital Are Heading Higher

Financial Position Analysis

Short Term Liabilities: 6937's short term assets (NT$2.8B) exceed its short term liabilities (NT$515.9M).

Long Term Liabilities: 6937's short term assets (NT$2.8B) exceed its long term liabilities (NT$225.8M).


Debt to Equity History and Analysis

Debt Level: 6937 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 6937's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 6937's debt is well covered by operating cash flow (101.3%).

Interest Coverage: 6937 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:57
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Skytech Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yen Chun WangSinoPac Securities Investment Service