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 |
| Cash | NT$908.09m |
| Equity | NT$3.26b |
| Total liabilities | NT$741.74m |
| Total assets | NT$4.01b |
Recent financial health updates
Is Skytech (TWSE:6937) Using Too Much Debt?
Nov 07
We Think Skytech (TWSE:6937) Can Stay On Top Of Its Debt
Aug 04Recent updates
We Think That There Are Issues Underlying Skytech's (TWSE:6937) Earnings
Nov 19Is Skytech (TWSE:6937) Using Too Much Debt?
Nov 07Here's Why We Think Skytech (TWSE:6937) Is Well Worth Watching
Oct 09We Think Skytech (TWSE:6937) Can Stay On Top Of Its Debt
Aug 04Skytech's (TWSE:6937) Returns On Capital Are Heading Higher
Jun 27Financial 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.