Chi Kan Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Chi Kan Holdings has a total shareholder equity of HK$470.1M and total debt of HK$30.0M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are HK$624.5M and HK$154.4M respectively. Chi Kan Holdings's EBIT is HK$58.5M making its interest coverage ratio -33.9. It has cash and short-term investments of HK$230.7M.
Key information
6.4%
Debt to equity ratio
HK$30.00m
Debt
| Interest coverage ratio | -33.9x |
| Cash | HK$230.67m |
| Equity | HK$470.15m |
| Total liabilities | HK$154.39m |
| Total assets | HK$624.54m |
Recent financial health updates
No updates
Recent updates
Chi Kan Holdings' (HKG:9913) Solid Earnings May Rest On Weak Foundations
Dec 18
Some Shareholders Feeling Restless Over Chi Kan Holdings Limited's (HKG:9913) P/E Ratio
Jul 29Have Insiders Sold Chi Kan Holdings Limited (HKG:9913) Shares Recently?
Mar 17Have Chi Kan Holdings Limited (HKG:9913) Insiders Been Selling Their Stock?
Mar 03Is Chi Kan Holdings Limited (HKG:9913) A High Quality Stock To Own?
Jan 27Are Chi Kan Holdings's (HKG:9913) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Nov 18Financial Position Analysis
Short Term Liabilities: 9913's short term assets (HK$620.7M) exceed its short term liabilities (HK$154.2M).
Long Term Liabilities: 9913's short term assets (HK$620.7M) exceed its long term liabilities (HK$234.0K).
Debt to Equity History and Analysis
Debt Level: 9913 has more cash than its total debt.
Reducing Debt: 9913's debt to equity ratio has reduced from 10% to 6.4% over the past 5 years.
Debt Coverage: 9913's debt is well covered by operating cash flow (174.7%).
Interest Coverage: 9913 earns more interest than it pays, so coverage of interest payments is not a concern.