SKK Holdings Balance Sheet Health
Financial Health criteria checks 1/6
SKK Holdings has a total shareholder equity of $2.1M and total debt of $5.1M, which brings its debt-to-equity ratio to 246%. Its total assets and total liabilities are $15.3M and $13.3M respectively. SKK Holdings's EBIT is $422.0K making its interest coverage ratio 2. It has cash and short-term investments of $921.0K.
Key information
246.0%
Debt to equity ratio
US$5.05m
Debt
| Interest coverage ratio | 2x |
| Cash | US$921.00k |
| Equity | US$2.05m |
| Total liabilities | US$13.25m |
| Total assets | US$15.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKK's short term assets ($7.4M) do not cover its short term liabilities ($11.2M).
Long Term Liabilities: SKK's short term assets ($7.4M) exceed its long term liabilities ($2.1M).
Debt to Equity History and Analysis
Debt Level: SKK's net debt to equity ratio (201.1%) is considered high.
Reducing Debt: Insufficient data to determine if SKK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SKK's debt is not well covered by operating cash flow (3.8%).
Interest Coverage: SKK's interest payments on its debt are not well covered by EBIT (2x coverage).