Sk KakenLtd Balance Sheet Health
Financial Health criteria checks 6/6
Sk KakenLtd has a total shareholder equity of ¥157.5B and total debt of ¥3.0B, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are ¥184.5B and ¥27.0B respectively. Sk KakenLtd's EBIT is ¥12.6B making its interest coverage ratio -6.9. It has cash and short-term investments of ¥105.1B.
Key information
1.9%
Debt to equity ratio
JP¥3.00b
Debt
| Interest coverage ratio | -6.9x |
| Cash | JP¥105.10b |
| Equity | JP¥157.47b |
| Total liabilities | JP¥26.99b |
| Total assets | JP¥184.45b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SKKA.F's short term assets (¥138.3B) exceed its short term liabilities (¥22.8B).
Long Term Liabilities: SKKA.F's short term assets (¥138.3B) exceed its long term liabilities (¥4.2B).
Debt to Equity History and Analysis
Debt Level: SKKA.F has more cash than its total debt.
Reducing Debt: SKKA.F's debt to equity ratio has reduced from 2.8% to 1.9% over the past 5 years.
Debt Coverage: SKKA.F's debt is well covered by operating cash flow (307.2%).
Interest Coverage: SKKA.F earns more interest than it pays, so coverage of interest payments is not a concern.