Citychamp Watch & Jewellery Group Balance Sheet Health
Financial Health criteria checks 3/6
Citychamp Watch & Jewellery Group has a total shareholder equity of HK$4.4B and total debt of HK$757.1M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are HK$16.5B and HK$12.2B respectively. Citychamp Watch & Jewellery Group's EBIT is HK$143.9M making its interest coverage ratio 1. It has cash and short-term investments of HK$3.8B.
Key information
17.3%
Debt to equity ratio
HK$757.05m
Debt
| Interest coverage ratio | 1x |
| Cash | HK$3.81b |
| Equity | HK$4.37b |
| Total liabilities | HK$12.17b |
| Total assets | HK$16.53b |
Recent financial health updates
No updates
Recent updates
Investor Optimism Abounds Citychamp Watch & Jewellery Group Limited (HKG:256) But Growth Is Lacking
Oct 06
The Citychamp Watch & Jewellery Group (HKG:256) Share Price Has Gained 14% And Shareholders Are Hoping For More
Feb 25Have Insiders Been Selling Citychamp Watch & Jewellery Group Limited (HKG:256) Shares This Year?
Jan 21How Much Of Citychamp Watch & Jewellery Group Limited (HKG:256) Do Insiders Own?
Dec 17
How Much Did Citychamp Watch & Jewellery Group's (HKG:256) CEO Pocket Last Year?
Nov 21Financial Position Analysis
Short Term Liabilities: 256's short term assets (HK$11.2B) exceed its short term liabilities (HK$945.6M).
Long Term Liabilities: 256's short term assets (HK$11.2B) do not cover its long term liabilities (HK$11.2B).
Debt to Equity History and Analysis
Debt Level: 256 has more cash than its total debt.
Reducing Debt: 256's debt to equity ratio has reduced from 39.7% to 17.3% over the past 5 years.
Debt Coverage: 256's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 256's interest payments on its debt are not well covered by EBIT (1x coverage).