Continental Aerospace Technologies Holding Balance Sheet Health
Financial Health criteria checks 6/6
Continental Aerospace Technologies Holding has a total shareholder equity of HK$3.0B and total debt of HK$272.0K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are HK$4.0B and HK$983.6M respectively. Continental Aerospace Technologies Holding's EBIT is HK$83.5M making its interest coverage ratio -5.6. It has cash and short-term investments of HK$875.3M.
Key information
0.009%
Debt to equity ratio
HK$272.00k
Debt
Interest coverage ratio | -5.6x |
Cash | HK$875.28m |
Equity | HK$3.00b |
Total liabilities | HK$983.60m |
Total assets | HK$3.98b |
Recent financial health updates
No updates
Recent updates
Continental Aerospace Technologies Holding Limited's (HKG:232) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Apr 09Revenues Working Against Continental Aerospace Technologies Holding Limited's (HKG:232) Share Price
Dec 15Continental Aerospace Technologies Holding's (HKG:232) Strong Earnings Are Of Good Quality
Sep 21AVIC International Holding (HK)'s (HKG:232) Stock Price Has Reduced 87% In The Past Five Years
Dec 17Financial Position Analysis
Short Term Liabilities: 232's short term assets (HK$1.7B) exceed its short term liabilities (HK$506.9M).
Long Term Liabilities: 232's short term assets (HK$1.7B) exceed its long term liabilities (HK$476.7M).
Debt to Equity History and Analysis
Debt Level: 232 has more cash than its total debt.
Reducing Debt: 232's debt to equity ratio has reduced from 3.4% to 0.01% over the past 5 years.
Debt Coverage: 232's debt is well covered by operating cash flow (69555.1%).
Interest Coverage: 232 earns more interest than it pays, so coverage of interest payments is not a concern.