Chiho Environmental Group Balance Sheet Health
Financial Health criteria checks 4/6
Chiho Environmental Group has a total shareholder equity of HK$4.9B and total debt of HK$903.1M, which brings its debt-to-equity ratio to 18.5%. Its total assets and total liabilities are HK$8.7B and HK$3.8B respectively. Chiho Environmental Group's EBIT is HK$106.3M making its interest coverage ratio 0.6. It has cash and short-term investments of HK$493.6M.
Key information
18.5%
Debt to equity ratio
HK$903.10m
Debt
| Interest coverage ratio | 0.6x |
| Cash | HK$493.60m |
| Equity | HK$4.87b |
| Total liabilities | HK$3.85b |
| Total assets | HK$8.72b |
Recent financial health updates
Chiho Environmental Group (HKG:976) Use Of Debt Could Be Considered Risky
Sep 29
These 4 Measures Indicate That Chiho Environmental Group (HKG:976) Is Using Debt Extensively
Oct 26We Think Chiho Environmental Group (HKG:976) Is Taking Some Risk With Its Debt
Apr 19We Think Chiho Environmental Group (HKG:976) Is Taking Some Risk With Its Debt
Aug 27Recent updates
The Returns On Capital At Chiho Environmental Group (HKG:976) Don't Inspire Confidence
Mar 16Chiho Environmental Group (HKG:976) Will Be Hoping To Turn Its Returns On Capital Around
Dec 01Chiho Environmental Group (HKG:976) Use Of Debt Could Be Considered Risky
Sep 29Chiho Environmental Group (HKG:976) Might Have The Makings Of A Multi-Bagger
Jan 20These 4 Measures Indicate That Chiho Environmental Group (HKG:976) Is Using Debt Extensively
Oct 26Chiho Environmental Group's (HKG:976) Earnings Are Of Questionable Quality
Sep 29We Think Chiho Environmental Group (HKG:976) Is Taking Some Risk With Its Debt
Apr 19Chiho Environmental Group (HKG:976) Is Doing The Right Things To Multiply Its Share Price
Mar 15The Return Trends At Chiho Environmental Group (HKG:976) Look Promising
Dec 06We Think Chiho Environmental Group (HKG:976) Is Taking Some Risk With Its Debt
Aug 27Do Institutions Own Chiho Environmental Group Limited (HKG:976) Shares?
Mar 04Financial Position Analysis
Short Term Liabilities: 976's short term assets (HK$4.1B) exceed its short term liabilities (HK$3.1B).
Long Term Liabilities: 976's short term assets (HK$4.1B) exceed its long term liabilities (HK$759.9M).
Debt to Equity History and Analysis
Debt Level: 976's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: 976's debt to equity ratio has reduced from 65.1% to 18.5% 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: Insufficient data to determine if 976 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 976 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.