Chinney Alliance Group Balance Sheet Health
Financial Health criteria checks 4/6
Chinney Alliance Group has a total shareholder equity of HK$2.3B and total debt of HK$867.7M, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are HK$5.9B and HK$3.6B respectively. Chinney Alliance Group's EBIT is HK$196.7M making its interest coverage ratio 7.4. It has cash and short-term investments of HK$1.1B.
Key information
37.8%
Debt to equity ratio
HK$867.71m
Debt
| Interest coverage ratio | 7.4x |
| Cash | HK$1.07b |
| Equity | HK$2.29b |
| Total liabilities | HK$3.63b |
| Total assets | HK$5.93b |
Recent financial health updates
Does Chinney Alliance Group (HKG:385) Have A Healthy Balance Sheet?
Dec 23
Chinney 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 01
Recent updates
Some Investors May Be Worried About Chinney Alliance Group's (HKG:385) Returns On Capital
Sep 24Does 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$4.7B) exceed its short term liabilities (HK$3.5B).
Long Term Liabilities: 385's short term assets (HK$4.7B) exceed its long term liabilities (HK$129.0M).
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 8.4% to 37.8% over the past 5 years.
Debt Coverage: 385's debt is not well covered by operating cash flow (2.1%).
Interest Coverage: 385's interest payments on its debt are well covered by EBIT (7.4x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:46 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Chinney Alliance Group 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 |
|---|