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
Risks 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.