Guangdong Silver Age Sci & TechLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Silver Age Sci & TechLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥180.2M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are CN¥2.0B and CN¥647.3M respectively. Guangdong Silver Age Sci & TechLtd's EBIT is CN¥44.6M making its interest coverage ratio -29. It has cash and short-term investments of CN¥63.9M.
Key information
13.5%
Debt to equity ratio
CN¥180.22m
Debt
Interest coverage ratio | -29x |
Cash | CN¥63.91m |
Equity | CN¥1.33b |
Total liabilities | CN¥647.26m |
Total assets | CN¥1.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300221's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥506.0M).
Long Term Liabilities: 300221's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥141.2M).
Debt to Equity History and Analysis
Debt Level: 300221's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: 300221's debt to equity ratio has reduced from 25.5% to 13.5% over the past 5 years.
Debt Coverage: 300221's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: 300221 earns more interest than it pays, so coverage of interest payments is not a concern.