Chi Kan Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Chi Kan Holdings has a total shareholder equity of HK$479.5M and total debt of HK$30.0M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are HK$622.2M and HK$142.7M respectively. Chi Kan Holdings's EBIT is HK$54.9M making its interest coverage ratio -18.3. It has cash and short-term investments of HK$243.8M.
Key information
6.3%
Debt to equity ratio
HK$30.00m
Debt
| Interest coverage ratio | -18.3x |
| Cash | HK$243.80m |
| Equity | HK$479.50m |
| Total liabilities | HK$142.74m |
| Total assets | HK$622.24m |
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$617.4M) exceed its short term liabilities (HK$141.9M).
Long Term Liabilities: 9913's short term assets (HK$617.4M) exceed its long term liabilities (HK$871.0K).
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 increased from 5.6% to 6.3% over the past 5 years.
Debt Coverage: 9913's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9913 earns more interest than it pays, so coverage of interest payments is not a concern.