CLP Holdings Balance Sheet Health
Financial Health criteria checks 2/6
CLP Holdings has a total shareholder equity of HK$113.5B and total debt of HK$62.3B, which brings its debt-to-equity ratio to 54.9%. Its total assets and total liabilities are HK$234.3B and HK$120.8B respectively. CLP Holdings's EBIT is HK$17.3B making its interest coverage ratio 10.2. It has cash and short-term investments of HK$5.5B.
Key information
54.9%
Debt to equity ratio
HK$62.31b
Debt
| Interest coverage ratio | 10.2x |
| Cash | HK$5.46b |
| Equity | HK$113.50b |
| Total liabilities | HK$120.85b |
| Total assets | HK$234.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLP1's short term assets (HK$30.2B) do not cover its short term liabilities (HK$43.2B).
Long Term Liabilities: CLP1's short term assets (HK$30.2B) do not cover its long term liabilities (HK$77.6B).
Debt to Equity History and Analysis
Debt Level: CLP1's net debt to equity ratio (50.1%) is considered high.
Reducing Debt: CLP1's debt to equity ratio has increased from 47.1% to 54.9% over the past 5 years.
Debt Coverage: CLP1's debt is well covered by operating cash flow (42.8%).
Interest Coverage: CLP1's interest payments on its debt are well covered by EBIT (10.2x coverage).