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¥892.0M and total debt of CN¥545.1M, which brings its debt-to-equity ratio to 61.1%. Its total assets and total liabilities are CN¥1.8B and CN¥912.7M respectively.
Key information
61.1%
Debt to equity ratio
CN¥545.09m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥71.49m |
| Equity | CN¥891.98m |
| Total liabilities | CN¥912.67m |
| Total assets | CN¥1.80b |
Recent financial health updates
Recent updates
We Think Guangdong Faith Long Crystal TechnologyLTD (SZSE:300460) Has A Fair Chunk Of Debt
Nov 03
Guangdong Faith Long Crystal Technology Co.,LTD.'s (SZSE:300460) 35% Price Boost Is Out Of Tune With Revenues
Aug 16More Unpleasant Surprises Could Be In Store For Guangdong Faith Long Crystal Technology Co.,LTD.'s (SZSE:300460) Shares After Tumbling 25%
Apr 23Guangdong Faith Long Crystal Technology Co.,LTD.'s (SZSE:300460) 30% Price Boost Is Out Of Tune With Revenues
Mar 07Financial Position Analysis
Short Term Liabilities: 300460's short term assets (CN¥746.4M) exceed its short term liabilities (CN¥624.8M).
Long Term Liabilities: 300460's short term assets (CN¥746.4M) exceed its long term liabilities (CN¥287.9M).
Debt to Equity History and Analysis
Debt Level: 300460's net debt to equity ratio (53.1%) is considered high.
Reducing Debt: 300460's debt to equity ratio has increased from 4.7% to 61.1% 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 7.1% each year