Cirtek Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Cirtek Holdings has a total shareholder equity of HK$216.3M and total debt of HK$13.4M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are HK$388.5M and HK$172.2M respectively. Cirtek Holdings's EBIT is HK$38.8M making its interest coverage ratio 17.4. It has cash and short-term investments of HK$56.8M.
Key information
6.2%
Debt to equity ratio
HK$13.45m
Debt
| Interest coverage ratio | 17.4x |
| Cash | HK$56.76m |
| Equity | HK$216.35m |
| Total liabilities | HK$172.17m |
| Total assets | HK$388.52m |
Recent financial health updates
Cirtek Holdings (HKG:1433) Seems To Use Debt Quite Sensibly
Oct 25
Cirtek Holdings (HKG:1433) Has A Pretty Healthy Balance Sheet
May 03Recent updates
Not Many Are Piling Into Cirtek Holdings Limited (HKG:1433) Just Yet
Dec 06We Think Cirtek Holdings' (HKG:1433) Profit Is Only A Baseline For What They Can Achieve
Oct 02Cirtek Holdings Limited's (HKG:1433) Share Price Matching Investor Opinion
Aug 19Cirtek Holdings Limited's (HKG:1433) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jan 30A Look At The Intrinsic Value Of Cirtek Holdings Limited (HKG:1433)
Jan 28Some Confidence Is Lacking In Cirtek Holdings Limited's (HKG:1433) P/S
Dec 05Cirtek Holdings (HKG:1433) Could Be Struggling To Allocate Capital
Jan 12Capital Allocation Trends At Cirtek Holdings (HKG:1433) Aren't Ideal
May 06Cirtek Holdings (HKG:1433) Could Be Struggling To Allocate Capital
Dec 24Cirtek Holdings (HKG:1433) Seems To Use Debt Quite Sensibly
Oct 25Some Investors May Be Worried About Cirtek Holdings' (HKG:1433) Returns On Capital
Aug 31Cirtek Holdings (HKG:1433) Has A Pretty Healthy Balance Sheet
May 03Returns On Capital At Cirtek Holdings (HKG:1433) Paint An Interesting Picture
Mar 11A Look At The Intrinsic Value Of Cirtek Holdings Limited (HKG:1433)
Nov 19
Financial Position Analysis
Short Term Liabilities: 1433's short term assets (HK$193.8M) exceed its short term liabilities (HK$152.2M).
Long Term Liabilities: 1433's short term assets (HK$193.8M) exceed its long term liabilities (HK$20.0M).
Debt to Equity History and Analysis
Debt Level: 1433 has more cash than its total debt.
Reducing Debt: 1433's debt to equity ratio has reduced from 13% to 6.2% over the past 5 years.
Debt Coverage: 1433's debt is well covered by operating cash flow (440.1%).
Interest Coverage: 1433's interest payments on its debt are well covered by EBIT (17.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 03:58 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cirtek Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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