Chi Ho Development Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Chi Ho Development Holdings has a total shareholder equity of HK$153.4M and total debt of HK$89.0M, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are HK$362.3M and HK$208.9M respectively. Chi Ho Development Holdings's EBIT is HK$14.5M making its interest coverage ratio 4. It has cash and short-term investments of HK$17.8M.
Key information
58.0%
Debt to equity ratio
HK$89.01m
Debt
| Interest coverage ratio | 4x |
| Cash | HK$17.83m |
| Equity | HK$153.40m |
| Total liabilities | HK$208.89m |
| Total assets | HK$362.30m |
Recent financial health updates
Does Chi Ho Development Holdings (HKG:8423) Have A Healthy Balance Sheet?
Nov 19
Is Chi Ho Development Holdings (HKG:8423) A Risky Investment?
Aug 02We Think Chi Ho Development Holdings (HKG:8423) Is Taking Some Risk With Its Debt
Mar 01Chi Ho Development Holdings (HKG:8423) Seems To Use Debt Quite Sensibly
Jun 26Chi Ho Development Holdings (HKG:8423) Has A Pretty Healthy Balance Sheet
Jul 16We Think Chi Ho Development Holdings (HKG:8423) Can Stay On Top Of Its Debt
Mar 17Recent updates
Some Investors May Be Worried About Chi Ho Development Holdings' (HKG:8423) Returns On Capital
Apr 19The Market Doesn't Like What It Sees From Chi Ho Development Holdings Limited's (HKG:8423) Earnings Yet
Dec 25Does Chi Ho Development Holdings (HKG:8423) Have A Healthy Balance Sheet?
Nov 19Capital Allocation Trends At Chi Ho Development Holdings (HKG:8423) Aren't Ideal
Sep 07Is Chi Ho Development Holdings (HKG:8423) A Risky Investment?
Aug 02Estimating The Fair Value Of Chi Ho Development Holdings Limited (HKG:8423)
Jun 15We Think Chi Ho Development Holdings (HKG:8423) Is Taking Some Risk With Its Debt
Mar 01Capital Allocation Trends At Chi Ho Development Holdings (HKG:8423) Aren't Ideal
Aug 02Chi Ho Development Holdings (HKG:8423) Seems To Use Debt Quite Sensibly
Jun 26Chi Ho Development Holdings' (HKG:8423) Returns On Capital Not Reflecting Well On The Business
Dec 21Calculating The Fair Value Of Chi Ho Development Holdings Limited (HKG:8423)
Sep 13We Think Shareholders May Want To Consider A Review Of Chi Ho Development Holdings Limited's (HKG:8423) CEO Compensation Package
Aug 05Chi Ho Development Holdings (HKG:8423) Has A Pretty Healthy Balance Sheet
Jul 16Calculating The Fair Value Of Chi Ho Development Holdings Limited (HKG:8423)
Jun 03We Think Chi Ho Development Holdings (HKG:8423) Can Stay On Top Of Its Debt
Mar 17A Look At The Fair Value Of Chi Ho Development Holdings Limited (HKG:8423)
Feb 17Declining Stock and Solid Fundamentals: Is The Market Wrong About Chi Ho Development Holdings Limited (HKG:8423)?
Jan 26Why Chi Ho Development Holdings' (HKG:8423) CEO Pay Matters
Dec 22Is Chi Ho Development Holdings (HKG:8423) A Risky Investment?
Nov 26
Financial Position Analysis
Short Term Liabilities: 8423's short term assets (HK$318.0M) exceed its short term liabilities (HK$206.7M).
Long Term Liabilities: 8423's short term assets (HK$318.0M) exceed its long term liabilities (HK$2.2M).
Debt to Equity History and Analysis
Debt Level: 8423's net debt to equity ratio (46.4%) is considered high.
Reducing Debt: 8423's debt to equity ratio has increased from 40.9% to 58% over the past 5 years.
Debt Coverage: 8423's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: 8423's interest payments on its debt are well covered by EBIT (4x coverage).