CCT Fortis Holdings Balance Sheet Health
Financial Health criteria checks 1/6
CCT Fortis Holdings has a total shareholder equity of HK$888.0M and total debt of HK$1.5B, which brings its debt-to-equity ratio to 163.9%. Its total assets and total liabilities are HK$3.0B and HK$2.1B respectively.
Key information
163.9%
Debt to equity ratio
HK$1.46b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$109.00m |
| Equity | HK$888.00m |
| Total liabilities | HK$2.07b |
| Total assets | HK$2.96b |
Recent financial health updates
Is CCT Fortis Holdings (HKG:138) Weighed On By Its Debt Load?
Aug 29
Is CCT Fortis Holdings (HKG:138) Using Too Much Debt?
Apr 16Is CCT Fortis Holdings (HKG:138) Using Debt Sensibly?
Sep 14CCT Fortis Holdings (HKG:138) Has Debt But No Earnings; Should You Worry?
Apr 14Is CCT Fortis Holdings (HKG:138) Using Debt In A Risky Way?
Dec 28Does CCT Fortis Holdings (HKG:138) Have A Healthy Balance Sheet?
Apr 01Recent updates
Optimistic Investors Push CCT Fortis Holdings Limited (HKG:138) Shares Up 30% But Growth Is Lacking
Dec 19Risks Still Elevated At These Prices As CCT Fortis Holdings Limited (HKG:138) Shares Dive 27%
Sep 28Is CCT Fortis Holdings (HKG:138) Weighed On By Its Debt Load?
Aug 29Positive Sentiment Still Eludes CCT Fortis Holdings Limited (HKG:138) Following 33% Share Price Slump
Apr 21Is CCT Fortis Holdings (HKG:138) Using Too Much Debt?
Apr 16Is CCT Fortis Holdings (HKG:138) Using Debt Sensibly?
Sep 14CCT Fortis Holdings (HKG:138) Has Debt But No Earnings; Should You Worry?
Apr 14Is CCT Fortis Holdings (HKG:138) Using Debt In A Risky Way?
Dec 28Does CCT Fortis Holdings (HKG:138) Have A Healthy Balance Sheet?
Apr 01Financial Position Analysis
Short Term Liabilities: 138's short term assets (HK$1.0B) do not cover its short term liabilities (HK$1.3B).
Long Term Liabilities: 138's short term assets (HK$1.0B) exceed its long term liabilities (HK$765.0M).
Debt to Equity History and Analysis
Debt Level: 138's net debt to equity ratio (151.6%) is considered high.
Reducing Debt: 138's debt to equity ratio has increased from 68.1% to 163.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 138 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 138 has less than a year of cash runway if free cash flow continues to grow at historical rates of 23.3% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:09 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
CCT Fortis Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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