Skylark Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Skylark Holdings has a total shareholder equity of ¥164.3B and total debt of ¥98.3B, which brings its debt-to-equity ratio to 59.8%. Its total assets and total liabilities are ¥423.5B and ¥259.2B respectively. Skylark Holdings's EBIT is ¥24.2B making its interest coverage ratio 9.7. It has cash and short-term investments of ¥26.6B.
Key information
59.8%
Debt to equity ratio
JP¥98.27b
Debt
| Interest coverage ratio | 9.7x |
| Cash | JP¥26.60b |
| Equity | JP¥164.29b |
| Total liabilities | JP¥259.17b |
| Total assets | JP¥423.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKLY.F's short term assets (¥50.6B) do not cover its short term liabilities (¥105.8B).
Long Term Liabilities: SKLY.F's short term assets (¥50.6B) do not cover its long term liabilities (¥153.4B).
Debt to Equity History and Analysis
Debt Level: SKLY.F's net debt to equity ratio (43.6%) is considered high.
Reducing Debt: SKLY.F's debt to equity ratio has reduced from 104.7% to 59.8% over the past 5 years.
Debt Coverage: SKLY.F's debt is well covered by operating cash flow (74%).
Interest Coverage: SKLY.F's interest payments on its debt are well covered by EBIT (9.7x coverage).