SIM Technology Group Balance Sheet Health
Financial Health criteria checks 4/6
SIM Technology Group has a total shareholder equity of HK$1.6B and total debt of HK$33.0M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are HK$2.1B and HK$530.3M respectively.
Key information
2.0%
Debt to equity ratio
HK$33.00m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$768.37m |
| Equity | HK$1.62b |
| Total liabilities | HK$530.35m |
| Total assets | HK$2.15b |
Recent financial health updates
Is SIM Technology Group (HKG:2000) Using Debt In A Risky Way?
Sep 19
Is SIM Technology Group (HKG:2000) Weighed On By Its Debt Load?
May 19Health Check: How Prudently Does SIM Technology Group (HKG:2000) Use Debt?
May 02Recent updates
SIM Technology Group's (HKG:2000) Earnings Are Built On Soft Foundations
Apr 30There's Reason For Concern Over SIM Technology Group Limited's (HKG:2000) Massive 31% Price Jump
Apr 02Is SIM Technology Group (HKG:2000) Using Debt In A Risky Way?
Sep 19Pinning Down SIM Technology Group Limited's (HKG:2000) P/S Is Difficult Right Now
Jul 12Is SIM Technology Group (HKG:2000) Weighed On By Its Debt Load?
May 19Health Check: How Prudently Does SIM Technology Group (HKG:2000) Use Debt?
May 02Could The SIM Technology Group Limited (HKG:2000) Ownership Structure Tell Us Something Useful?
Feb 05How Much Is SIM Technology Group's (HKG:2000) CEO Getting Paid?
Dec 14SIM Technology Group (HKG:2000) Shareholders Booked A 40% Gain In The Last Year
Nov 18Financial Position Analysis
Short Term Liabilities: 2000's short term assets (HK$1.3B) exceed its short term liabilities (HK$395.4M).
Long Term Liabilities: 2000's short term assets (HK$1.3B) exceed its long term liabilities (HK$135.0M).
Debt to Equity History and Analysis
Debt Level: 2000 has more cash than its total debt.
Reducing Debt: 2000's debt to equity ratio has reduced from 5.1% to 2% over the past 5 years.
Debt Coverage: 2000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2000's interest payments on its debt are well covered by EBIT.