Ching Lee Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Ching Lee Holdings has a total shareholder equity of HK$120.0M and total debt of HK$156.4M, which brings its debt-to-equity ratio to 130.4%. Its total assets and total liabilities are HK$562.2M and HK$442.3M respectively. Ching Lee Holdings's EBIT is HK$25.4M making its interest coverage ratio 5.2. It has cash and short-term investments of HK$73.2M.
Key information
130.4%
Debt to equity ratio
HK$156.39m
Debt
| Interest coverage ratio | 5.2x |
| Cash | HK$73.24m |
| Equity | HK$119.98m |
| Total liabilities | HK$442.26m |
| Total assets | HK$562.24m |
Recent financial health updates
These 4 Measures Indicate That Ching Lee Holdings (HKG:3728) Is Using Debt Reasonably Well
Mar 25
We Think Ching Lee Holdings (HKG:3728) Is Taking Some Risk With Its Debt
Jul 04Is Ching Lee Holdings (HKG:3728) A Risky Investment?
Feb 07Would Ching Lee Holdings (HKG:3728) Be Better Off With Less Debt?
Sep 14Ching Lee Holdings (HKG:3728) Is Carrying A Fair Bit Of Debt
Jan 05Ching Lee Holdings (HKG:3728) Has A Pretty Healthy Balance Sheet
Jan 01
Recent updates
These 4 Measures Indicate That Ching Lee Holdings (HKG:3728) Is Using Debt Reasonably Well
Mar 25Ching Lee Holdings' (HKG:3728) Performance Is Even Better Than Its Earnings Suggest
Dec 22We Think Ching Lee Holdings (HKG:3728) Is Taking Some Risk With Its Debt
Jul 04Is Ching Lee Holdings (HKG:3728) A Risky Investment?
Feb 07Would Ching Lee Holdings (HKG:3728) Be Better Off With Less Debt?
Sep 14Ching Lee Holdings (HKG:3728) Is Carrying A Fair Bit Of Debt
Jan 05It Looks Like Ching Lee Holdings Limited's (HKG:3728) CEO May Expect Their Salary To Be Put Under The Microscope
Aug 20Ching Lee Holdings Limited (HKG:3728) Has A ROE Of 11%
Feb 26Should You Use Ching Lee Holdings' (HKG:3728) Statutory Earnings To Analyse It?
Feb 05Ching Lee Holdings Limited (HKG:3728) Insiders Increased Their Holdings
Jan 19Ching Lee Holdings (HKG:3728) Has A Pretty Healthy Balance Sheet
Jan 01How Is Ching Lee Holdings' (HKG:3728) CEO Paid Relative To Peers?
Dec 14Is Ching Lee Holdings Limited's (HKG:3728) ROE Of 11% Impressive?
Nov 26Financial Position Analysis
Short Term Liabilities: 3728's short term assets (HK$487.3M) exceed its short term liabilities (HK$441.2M).
Long Term Liabilities: 3728's short term assets (HK$487.3M) exceed its long term liabilities (HK$1.1M).
Debt to Equity History and Analysis
Debt Level: 3728's net debt to equity ratio (69.3%) is considered high.
Reducing Debt: 3728's debt to equity ratio has increased from 124.9% to 130.4% over the past 5 years.
Debt Coverage: 3728's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: 3728's interest payments on its debt are well covered by EBIT (5.2x coverage).