SVG Tech GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
SVG Tech GroupLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥747.8M, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are CN¥3.2B and CN¥1.4B respectively.
Key information
42.9%
Debt to equity ratio
CN¥747.78m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥719.73m |
| Equity | CN¥1.74b |
| Total liabilities | CN¥1.44b |
| Total assets | CN¥3.18b |
Recent financial health updates
SVG Tech GroupLtd (SZSE:300331) Is Making Moderate Use Of Debt
Aug 17
Would SVG Tech GroupLtd (SZSE:300331) Be Better Off With Less Debt?
Feb 28Recent updates
SVG Tech Group Co.,Ltd.'s (SZSE:300331) 26% Price Boost Is Out Of Tune With Revenues
Nov 11SVG Tech Group Co.,Ltd.'s (SZSE:300331) Low P/S No Reason For Excitement
Sep 25SVG Tech GroupLtd (SZSE:300331) Is Making Moderate Use Of Debt
Aug 17Improved Revenues Required Before SVG Tech Group Co.,Ltd. (SZSE:300331) Stock's 26% Jump Looks Justified
Mar 04Would SVG Tech GroupLtd (SZSE:300331) Be Better Off With Less Debt?
Feb 28Financial Position Analysis
Short Term Liabilities: 300331's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300331's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥288.4M).
Debt to Equity History and Analysis
Debt Level: 300331's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: 300331's debt to equity ratio has increased from 26.4% to 42.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 300331 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300331 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24.7% per year.