Chiho Environmental Group Balance Sheet Health
Financial Health criteria checks 4/6
Chiho Environmental Group has a total shareholder equity of HK$4.8B and total debt of HK$1.0B, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are HK$8.9B and HK$4.1B respectively. Chiho Environmental Group's EBIT is HK$68.2M making its interest coverage ratio 0.4. It has cash and short-term investments of HK$344.9M.
Key information
21.1%
Debt to equity ratio
HK$1.01b
Debt
| Interest coverage ratio | 0.4x |
| Cash | HK$344.90m |
| Equity | HK$4.79b |
| Total liabilities | HK$4.13b |
| Total assets | HK$8.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T4N's short term assets (HK$4.4B) exceed its short term liabilities (HK$3.2B).
Long Term Liabilities: T4N's short term assets (HK$4.4B) exceed its long term liabilities (HK$877.3M).
Debt to Equity History and Analysis
Debt Level: T4N's net debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: T4N's debt to equity ratio has reduced from 56.8% to 21.1% 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 T4N has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if T4N has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.