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¥838.8M, which brings its debt-to-equity ratio to 48.7%. Its total assets and total liabilities are CN¥3.3B and CN¥1.5B respectively.
Key information
48.7%
Debt to equity ratio
CN¥838.78m
Debt
Interest coverage ratio | n/a |
Cash | CN¥754.19m |
Equity | CN¥1.72b |
Total liabilities | CN¥1.53b |
Total assets | CN¥3.25b |
Financial 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¥299.8M).
Debt to Equity History and Analysis
Debt Level: 300331's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: 300331's debt to equity ratio has increased from 21.2% to 48.7% 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: 300331 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 300331 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 10.6% each year