SIM Technology Group Balance Sheet Health
Financial Health criteria checks 6/6
SIM Technology Group has a total shareholder equity of HK$1.5B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$1.9B and HK$449.5M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$877.27m |
| Equity | HK$1.46b |
| Total liabilities | HK$449.53m |
| Total assets | HK$1.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIMT.F's short term assets (HK$1.1B) exceed its short term liabilities (HK$331.9M).
Long Term Liabilities: SIMT.F's short term assets (HK$1.1B) exceed its long term liabilities (HK$117.6M).
Debt to Equity History and Analysis
Debt Level: SIMT.F is debt free.
Reducing Debt: SIMT.F has no debt compared to 5 years ago when its debt to equity ratio was 5.2%.
Debt Coverage: SIMT.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SIMT.F has no debt, therefore coverage of interest payments is not a concern.