Glory Sun Land Group Balance Sheet Health
Financial Health criteria checks 2/6
Glory Sun Land Group has a total shareholder equity of HK$2.2B and total debt of HK$4.7B, which brings its debt-to-equity ratio to 209.8%. Its total assets and total liabilities are HK$11.1B and HK$8.9B respectively.
Key information
209.8%
Debt to equity ratio
HK$4.67b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$1.46b |
| Equity | HK$2.23b |
| Total liabilities | HK$8.92b |
| Total assets | HK$11.15b |
Recent financial health updates
Is Glory Sun Land Group (HKG:299) Using Too Much Debt?
Dec 13
Glory Sun Land Group (HKG:299) Has Debt But No Earnings; Should You Worry?
Dec 29Is Glory Sun Land Group (HKG:299) Using Debt In A Risky Way?
Sep 06Health Check: How Prudently Does Glory Sun Land Group (HKG:299) Use Debt?
Dec 09Is Glory Sun Land Group (HKG:299) A Risky Investment?
Mar 31Recent updates
Is Glory Sun Land Group (HKG:299) Using Too Much Debt?
Dec 13Glory Sun Land Group (HKG:299) Has Debt But No Earnings; Should You Worry?
Dec 29Is Glory Sun Land Group (HKG:299) Using Debt In A Risky Way?
Sep 06Health Check: How Prudently Does Glory Sun Land Group (HKG:299) Use Debt?
Dec 09Is Glory Sun Land Group (HKG:299) A Risky Investment?
Mar 31What Kind Of Investors Own Most Of Glory Sun Land Group Limited (HKG:299)?
Jan 09
Are Glory Sun Land Group's (HKG:299) Statutory Earnings A Good Guide To Its Underlying Profitability?
Nov 17Financial Position Analysis
Short Term Liabilities: 299's short term assets (HK$9.7B) exceed its short term liabilities (HK$8.1B).
Long Term Liabilities: 299's short term assets (HK$9.7B) exceed its long term liabilities (HK$783.5M).
Debt to Equity History and Analysis
Debt Level: 299's net debt to equity ratio (144.2%) is considered high.
Reducing Debt: 299's debt to equity ratio has increased from 121% to 209.8% 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: Insufficient data to determine if 299 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 299 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.