CLP Holdings Balance Sheet Health
Financial Health criteria checks 2/6
CLP Holdings has a total shareholder equity of HK$112.4B and total debt of HK$58.1B, which brings its debt-to-equity ratio to 51.7%. Its total assets and total liabilities are HK$229.1B and HK$116.7B respectively. CLP Holdings's EBIT is HK$15.2B making its interest coverage ratio 9.7. It has cash and short-term investments of HK$8.0B.
Key information
51.7%
Debt to equity ratio
HK$58.10b
Debt
Interest coverage ratio | 9.7x |
Cash | HK$8.04b |
Equity | HK$112.38b |
Total liabilities | HK$116.67b |
Total assets | HK$229.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLP's short term assets (HK$26.9B) do not cover its short term liabilities (HK$42.5B).
Long Term Liabilities: CLP's short term assets (HK$26.9B) do not cover its long term liabilities (HK$74.2B).
Debt to Equity History and Analysis
Debt Level: CLP's net debt to equity ratio (44.5%) is considered high.
Reducing Debt: CLP's debt to equity ratio has increased from 46.5% to 51.7% over the past 5 years.
Debt Coverage: CLP's debt is well covered by operating cash flow (40.6%).
Interest Coverage: CLP's interest payments on its debt are well covered by EBIT (9.7x coverage).