China Energine International (Holdings) Balance Sheet Health
Financial Health criteria checks 3/6
China Energine International (Holdings) has a total shareholder equity of HK$-912.4M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$331.9M and HK$1.2B respectively. China Energine International (Holdings)'s EBIT is HK$64.5M making its interest coverage ratio -1151.5. It has cash and short-term investments of HK$44.3M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -1151.5x |
| Cash | HK$44.32m |
| Equity | -HK$912.44m |
| Total liabilities | HK$1.24b |
| Total assets | HK$331.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CT1 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CT1 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CT1 is debt free.
Reducing Debt: CT1's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CT1 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CT1 has no debt, therefore coverage of interest payments is not a concern.