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¥1.4B and total debt of CN¥289.8M, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are CN¥2.2B and CN¥864.5M respectively. Guangdong Silver Age Sci & TechLtd's EBIT is CN¥75.1M making its interest coverage ratio 10. It has cash and short-term investments of CN¥76.1M.
Key information
21.4%
Debt to equity ratio
CN¥289.78m
Debt
| Interest coverage ratio | 10x |
| Cash | CN¥76.13m |
| Equity | CN¥1.35b |
| Total liabilities | CN¥864.50m |
| Total assets | CN¥2.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300221's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥711.3M).
Long Term Liabilities: 300221's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥153.2M).
Debt to Equity History and Analysis
Debt Level: 300221's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: 300221's debt to equity ratio has reduced from 32.5% to 21.4% over the past 5 years.
Debt Coverage: 300221's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300221's interest payments on its debt are well covered by EBIT (10x coverage).