China Taiping Insurance Holdings Balance Sheet Health
Financial Health criteria checks 4/6
China Taiping Insurance Holdings has a total shareholder equity of HK$132.3B and total debt of HK$122.3B, which brings its debt-to-equity ratio to 92.4%. Its total assets and total liabilities are HK$1,640.4B and HK$1,508.0B respectively. China Taiping Insurance Holdings's EBIT is HK$26.3B making its interest coverage ratio 6.7. It has cash and short-term investments of HK$496.7B.
Key information
92.4%
Debt to equity ratio
HK$122.30b
Debt
| Interest coverage ratio | 6.7x |
| Cash | HK$496.68b |
| Equity | HK$132.32b |
| Total liabilities | HK$1.51t |
| Total assets | HK$1.64t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HIUC's short term assets (HK$574.3B) exceed its short term liabilities (HK$172.3B).
Long Term Liabilities: HIUC's short term assets (HK$574.3B) do not cover its long term liabilities (HK$1,335.7B).
Debt to Equity History and Analysis
Debt Level: HIUC has more cash than its total debt.
Reducing Debt: HIUC's debt to equity ratio has increased from 65.1% to 92.4% over the past 5 years.
Debt Coverage: HIUC's debt is well covered by operating cash flow (92.5%).
Interest Coverage: HIUC's interest payments on its debt are well covered by EBIT (6.7x coverage).