Wealthink AI-Innovation Capital Balance Sheet Health
Financial Health criteria checks 3/6
Wealthink AI-Innovation Capital has a total shareholder equity of HK$9.9B and total debt of HK$1.4B, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are HK$11.4B and HK$1.5B respectively. Wealthink AI-Innovation Capital's EBIT is HK$244.5M making its interest coverage ratio 2.8. It has cash and short-term investments of HK$5.8B.
Key information
14.3%
Debt to equity ratio
HK$1.42b
Debt
| Interest coverage ratio | 2.8x |
| Cash | HK$5.81b |
| Equity | HK$9.91b |
| Total liabilities | HK$1.51b |
| Total assets | HK$11.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C2I0's short term assets (HK$6.5B) exceed its short term liabilities (HK$1.5B).
Long Term Liabilities: C2I0's short term assets (HK$6.5B) exceed its long term liabilities (HK$5.5M).
Debt to Equity History and Analysis
Debt Level: C2I0 has more cash than its total debt.
Reducing Debt: C2I0's debt to equity ratio has increased from 1.3% to 14.3% over the past 5 years.
Debt Coverage: C2I0's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: C2I0's interest payments on its debt are not well covered by EBIT (2.8x coverage).