Cheuk Nang (Holdings) Balance Sheet Health
Financial Health criteria checks 4/6
Cheuk Nang (Holdings) has a total shareholder equity of HK$6.9B and total debt of HK$1.6B, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are HK$9.6B and HK$2.7B respectively. Cheuk Nang (Holdings)'s EBIT is HK$50.2M making its interest coverage ratio 1.6. It has cash and short-term investments of HK$939.0M.
Key information
23.0%
Debt to equity ratio
HK$1.59b
Debt
| Interest coverage ratio | 1.6x |
| Cash | HK$939.01m |
| Equity | HK$6.89b |
| Total liabilities | HK$2.67b |
| Total assets | HK$9.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CQH3's short term assets (HK$3.9B) exceed its short term liabilities (HK$2.0B).
Long Term Liabilities: CQH3's short term assets (HK$3.9B) exceed its long term liabilities (HK$705.7M).
Debt to Equity History and Analysis
Debt Level: CQH3's net debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: CQH3's debt to equity ratio has reduced from 23.1% to 23% over the past 5 years.
Debt Coverage: CQH3's debt is not well covered by operating cash flow (13%).
Interest Coverage: CQH3's interest payments on its debt are not well covered by EBIT (1.6x coverage).