Chinese Energy Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Chinese Energy Holdings has a total shareholder equity of HK$415.4M and total debt of HK$1.2M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are HK$426.9M and HK$11.5M respectively.
Key information
0.3%
Debt to equity ratio
HK$1.19m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$200.04m |
| Equity | HK$415.40m |
| Total liabilities | HK$11.46m |
| Total assets | HK$426.86m |
Recent financial health updates
No updates
Recent updates
A Look At The Intrinsic Value Of Chinese Energy Holdings Limited (HKG:8009)
Jun 30
Calculating The Fair Value Of Chinese Energy Holdings Limited (HKG:8009)
Feb 17Chinese Energy Holdings Limited's (HKG:8009) CEO Compensation Looks Acceptable To Us And Here's Why
Aug 06What We Learned About Chinese Energy Holdings' (HKG:8009) CEO Compensation
Dec 22Financial Position Analysis
Short Term Liabilities: 8009's short term assets (HK$373.9M) exceed its short term liabilities (HK$11.2M).
Long Term Liabilities: 8009's short term assets (HK$373.9M) exceed its long term liabilities (HK$242.0K).
Debt to Equity History and Analysis
Debt Level: 8009 has more cash than its total debt.
Reducing Debt: 8009's debt to equity ratio has reduced from 14.4% to 0.3% 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: Whilst unprofitable 8009 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8009 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 19% per year.