China Water Affairs Group Balance Sheet Health
Financial Health criteria checks 1/6
China Water Affairs Group has a total shareholder equity of HK$21.5B and total debt of HK$25.8B, which brings its debt-to-equity ratio to 120.3%. Its total assets and total liabilities are HK$63.2B and HK$41.8B respectively. China Water Affairs Group's EBIT is HK$3.9B making its interest coverage ratio 7.3. It has cash and short-term investments of HK$5.3B.
Key information
120.3%
Debt to equity ratio
HK$25.82b
Debt
| Interest coverage ratio | 7.3x |
| Cash | HK$5.30b |
| Equity | HK$21.45b |
| Total liabilities | HK$41.79b |
| Total assets | HK$63.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CUBB's short term assets (HK$16.9B) do not cover its short term liabilities (HK$20.7B).
Long Term Liabilities: CUBB's short term assets (HK$16.9B) do not cover its long term liabilities (HK$21.0B).
Debt to Equity History and Analysis
Debt Level: CUBB's net debt to equity ratio (95.7%) is considered high.
Reducing Debt: CUBB's debt to equity ratio has increased from 118% to 120.3% over the past 5 years.
Debt Coverage: CUBB's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: CUBB's interest payments on its debt are well covered by EBIT (7.3x coverage).