Guangdong Silver Age Sci & TechLtd Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Silver Age Sci & TechLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥111.9M, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are CN¥1.8B and CN¥516.4M respectively. Guangdong Silver Age Sci & TechLtd's EBIT is CN¥56.2M making its interest coverage ratio -14.9. It has cash and short-term investments of CN¥47.2M.
Key information
8.4%
Debt to equity ratio
CN¥111.87m
Debt
Interest coverage ratio | -14.9x |
Cash | CN¥47.19m |
Equity | CN¥1.33b |
Total liabilities | CN¥516.43m |
Total assets | CN¥1.85b |
Recent financial health updates
No updates
Recent updates
We Think Guangdong Silver Age Sci & TechLtd's (SZSE:300221) Solid Earnings Are Understated
Apr 25Guangdong Silver Age Sci & Tech Co.,Ltd. (SZSE:300221) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Apr 23Guangdong Silver Age Sci & Tech Co.,Ltd.'s (SZSE:300221) Share Price Boosted 36% But Its Business Prospects Need A Lift Too
Mar 08Be Wary Of Guangdong Silver Age Sci & TechLtd (SZSE:300221) And Its Returns On Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 300221's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥416.3M).
Long Term Liabilities: 300221's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥100.1M).
Debt to Equity History and Analysis
Debt Level: 300221's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: 300221's debt to equity ratio has reduced from 39.8% to 8.4% over the past 5 years.
Debt Coverage: 300221's debt is well covered by operating cash flow (51.2%).
Interest Coverage: 300221 earns more interest than it pays, so coverage of interest payments is not a concern.