Continental Aerospace Technologies Holding Balance Sheet Health
Financial Health criteria checks 6/6
Continental Aerospace Technologies Holding has a total shareholder equity of HK$3.0B and total debt of HK$272.0K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are HK$4.0B and HK$983.6M respectively. Continental Aerospace Technologies Holding's EBIT is HK$83.5M making its interest coverage ratio -5.6. It has cash and short-term investments of HK$908.4M.
Key information
0.009%
Debt to equity ratio
HK$272.00k
Debt
Interest coverage ratio | -5.6x |
Cash | HK$908.41m |
Equity | HK$3.00b |
Total liabilities | HK$983.60m |
Total assets | HK$3.98b |
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$506.9M).
Long Term Liabilities: CTQ0's short term assets (HK$1.7B) exceed its long term liabilities (HK$476.7M).
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 3.4% to 0.01% over the past 5 years.
Debt Coverage: CTQ0's debt is well covered by operating cash flow (51048.2%).
Interest Coverage: CTQ0 earns more interest than it pays, so coverage of interest payments is not a concern.