Guangdong Faith Long Crystal TechnologyLTD Balance Sheet Health
Financial Health criteria checks 3/6
Guangdong Faith Long Crystal TechnologyLTD has a total shareholder equity of CN¥880.7M and total debt of CN¥488.9M, which brings its debt-to-equity ratio to 55.5%. Its total assets and total liabilities are CN¥1.8B and CN¥913.6M respectively.
Key information
55.5%
Debt to equity ratio
CN¥488.88m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥69.57m |
| Equity | CN¥880.75m |
| Total liabilities | CN¥913.56m |
| Total assets | CN¥1.79b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300460's short term assets (CN¥693.9M) exceed its short term liabilities (CN¥586.8M).
Long Term Liabilities: 300460's short term assets (CN¥693.9M) exceed its long term liabilities (CN¥326.8M).
Debt to Equity History and Analysis
Debt Level: 300460's net debt to equity ratio (47.6%) is considered high.
Reducing Debt: 300460's debt to equity ratio has increased from 5.8% to 55.5% 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: 300460 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 300460 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.8% each year