Continental Aerospace Technologies Holding Balance Sheet Health
Financial Health criteria checks 5/6
Continental Aerospace Technologies Holding has a total shareholder equity of HK$2.9B and total debt of HK$566.0K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are HK$3.9B and HK$954.1M respectively. Continental Aerospace Technologies Holding's EBIT is HK$52.1M making its interest coverage ratio -3.5. It has cash and short-term investments of HK$650.8M.
Key information
0.02%
Debt to equity ratio
HK$566.00k
Debt
| Interest coverage ratio | -3.5x |
| Cash | HK$650.78m |
| Equity | HK$2.94b |
| Total liabilities | HK$954.10m |
| Total assets | HK$3.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTQ0's short term assets (HK$1.7B) exceed its short term liabilities (HK$474.8M).
Long Term Liabilities: CTQ0's short term assets (HK$1.7B) exceed its long term liabilities (HK$479.3M).
Debt to Equity History and Analysis
Debt Level: CTQ0 has more cash than its total debt.
Reducing Debt: CTQ0's debt to equity ratio has reduced from 3.5% to 0.02% over the past 5 years.
Debt Coverage: CTQ0's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CTQ0 earns more interest than it pays, so coverage of interest payments is not a concern.