China Travel International Investment Hong Kong Balance Sheet Health
Financial Health criteria checks 5/6
China Travel International Investment Hong Kong has a total shareholder equity of HK$18.2B and total debt of HK$1.9B, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are HK$25.0B and HK$6.9B respectively. China Travel International Investment Hong Kong's EBIT is HK$545.5M making its interest coverage ratio -12. It has cash and short-term investments of HK$3.2B.
Key information
10.7%
Debt to equity ratio
HK$1.94b
Debt
| Interest coverage ratio | -12x |
| Cash | HK$3.25b |
| Equity | HK$18.16b |
| Total liabilities | HK$6.85b |
| Total assets | HK$25.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTI's short term assets (HK$8.3B) exceed its short term liabilities (HK$4.2B).
Long Term Liabilities: CTI's short term assets (HK$8.3B) exceed its long term liabilities (HK$2.6B).
Debt to Equity History and Analysis
Debt Level: CTI has more cash than its total debt.
Reducing Debt: CTI's debt to equity ratio has increased from 0.5% to 10.7% over the past 5 years.
Debt Coverage: CTI's debt is well covered by operating cash flow (38.9%).
Interest Coverage: CTI earns more interest than it pays, so coverage of interest payments is not a concern.