Guangdong Tloong Technology GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Guangdong Tloong Technology GroupLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥634.5M, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are CN¥3.0B and CN¥1.3B respectively. Guangdong Tloong Technology GroupLtd's EBIT is CN¥65.5M making its interest coverage ratio 6.1. It has cash and short-term investments of CN¥112.3M.
Key information
37.2%
Debt to equity ratio
CN¥634.47m
Debt
| Interest coverage ratio | 6.1x |
| Cash | CN¥112.33m |
| Equity | CN¥1.71b |
| Total liabilities | CN¥1.30b |
| Total assets | CN¥3.01b |
Recent financial health updates
Recent updates
Here's Why Guangdong Tloong Technology GroupLtd (SZSE:300063) Can Manage Its Debt Responsibly
Oct 22
Guangdong Tloong Technology Group Co.,Ltd (SZSE:300063) Stock Catapults 34% Though Its Price And Business Still Lag The Industry
Sep 30Some Investors May Be Worried About Guangdong Tloong Technology GroupLtd's (SZSE:300063) Returns On Capital
Sep 26Guangdong Tloong Technology GroupLtd (SZSE:300063) May Have Issues Allocating Its Capital
Jun 07Guangdong Tloong Technology Group Co.,Ltd (SZSE:300063) Shares May Have Slumped 34% But Getting In Cheap Is Still Unlikely
Apr 21Guangdong Tloong Technology Group Co.,Ltd's (SZSE:300063) 37% Share Price Surge Not Quite Adding Up
Mar 07Financial Position Analysis
Short Term Liabilities: 300063's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 300063's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥197.8M).
Debt to Equity History and Analysis
Debt Level: 300063's net debt to equity ratio (30.6%) is considered satisfactory.
Reducing Debt: 300063's debt to equity ratio has increased from 32.8% to 37.2% over the past 5 years.
Debt Coverage: 300063's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: 300063's interest payments on its debt are well covered by EBIT (6.1x coverage).