Chinney Alliance Group Balance Sheet Health
Financial Health criteria checks 5/6
Chinney Alliance Group has a total shareholder equity of HK$2.3B and total debt of HK$714.3M, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are HK$5.6B and HK$3.3B respectively. Chinney Alliance Group's EBIT is HK$99.2M making its interest coverage ratio 5.8. It has cash and short-term investments of HK$1.1B.
Key information
31.2%
Debt to equity ratio
HK$714.33m
Debt
Interest coverage ratio | 5.8x |
Cash | HK$1.07b |
Equity | HK$2.29b |
Total liabilities | HK$3.28b |
Total assets | HK$5.57b |
Recent financial health updates
Does Chinney Alliance Group (HKG:385) Have A Healthy Balance Sheet?
Dec 23Chinney Alliance Group (HKG:385) Has A Rock Solid Balance Sheet
Oct 11These 4 Measures Indicate That Chinney Alliance Group (HKG:385) Is Using Debt Reasonably Well
May 10Is Chinney Alliance Group (HKG:385) Using Too Much Debt?
Dec 01Recent updates
Does Chinney Alliance Group (HKG:385) Have A Healthy Balance Sheet?
Dec 23Chinney Alliance Group (HKG:385) Will Pay A Smaller Dividend Than Last Year
May 30Chinney Alliance Group (HKG:385) Is Reducing Its Dividend To HK$0.025
Mar 31Chinney Alliance Group's (HKG:385) Returns On Capital Not Reflecting Well On The Business
Mar 01Chinney Alliance Group (HKG:385) Could Be Struggling To Allocate Capital
Nov 30Chinney Alliance Group (HKG:385) Has A Rock Solid Balance Sheet
Oct 11Investors Could Be Concerned With Chinney Alliance Group's (HKG:385) Returns On Capital
Jun 30Chinney Alliance Group (HKG:385) Will Pay A Smaller Dividend Than Last Year
May 02Chinney Alliance Group's (HKG:385) Returns On Capital Not Reflecting Well On The Business
Jul 20These 4 Measures Indicate That Chinney Alliance Group (HKG:385) Is Using Debt Reasonably Well
May 10Investors Could Be Concerned With Chinney Alliance Group's (HKG:385) Returns On Capital
Apr 19Here's How We Evaluate Chinney Alliance Group Limited's (HKG:385) Dividend
Mar 22Reflecting on Chinney Alliance Group's (HKG:385) Share Price Returns Over The Last Three Years
Feb 14Does Chinney Alliance Group's (HKG:385) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 18Key Things To Consider Before Buying Chinney Alliance Group Limited (HKG:385) For Its Dividend
Dec 20Is Chinney Alliance Group (HKG:385) Using Too Much Debt?
Dec 01Financial Position Analysis
Short Term Liabilities: 385's short term assets (HK$4.3B) exceed its short term liabilities (HK$3.1B).
Long Term Liabilities: 385's short term assets (HK$4.3B) exceed its long term liabilities (HK$133.9M).
Debt to Equity History and Analysis
Debt Level: 385 has more cash than its total debt.
Reducing Debt: 385's debt to equity ratio has increased from 8.6% to 31.2% over the past 5 years.
Debt Coverage: 385's debt is well covered by operating cash flow (50.3%).
Interest Coverage: 385's interest payments on its debt are well covered by EBIT (5.8x coverage).