Skytech Balance Sheet Health
Financial Health criteria checks 5/6
Skytech has a total shareholder equity of NT$3.1B and total debt of NT$251.7M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are NT$4.0B and NT$891.9M respectively. Skytech's EBIT is NT$355.2M making its interest coverage ratio -123.1. It has cash and short-term investments of NT$994.0M.
Key information
8.2%
Debt to equity ratio
NT$251.71m
Debt
Interest coverage ratio | -123.1x |
Cash | NT$994.00m |
Equity | NT$3.08b |
Total liabilities | NT$891.88m |
Total assets | NT$3.98b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6937's short term assets (NT$2.8B) exceed its short term liabilities (NT$623.8M).
Long Term Liabilities: 6937's short term assets (NT$2.8B) exceed its long term liabilities (NT$268.0M).
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 (71.5%).
Interest Coverage: 6937 earns more interest than it pays, so coverage of interest payments is not a concern.