Citychamp Watch & Jewellery Group Balance Sheet Health
Financial Health criteria checks 4/6
Citychamp Watch & Jewellery Group has a total shareholder equity of HK$4.4B and total debt of HK$955.1M, which brings its debt-to-equity ratio to 21.9%. 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
21.9%
Debt to equity ratio
HK$955.05m
Debt
Interest coverage ratio | 1x |
Cash | HK$3.82b |
Equity | HK$4.37b |
Total liabilities | HK$12.17b |
Total assets | HK$16.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 256's short term assets (HK$11.5B) exceed its short term liabilities (HK$1.5B).
Long Term Liabilities: 256's short term assets (HK$11.5B) exceed its long term liabilities (HK$10.7B).
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 21.9% 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).