China Travel International Investment Hong Kong Balance Sheet Health
Financial Health criteria checks 5/6
China Travel International Investment Hong Kong has a total shareholder equity of HK$18.3B and total debt of HK$2.4B, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are HK$25.0B and HK$6.8B respectively. China Travel International Investment Hong Kong's EBIT is HK$581.7M making its interest coverage ratio -11.1. It has cash and short-term investments of HK$3.3B.
Key information
13.1%
Debt to equity ratio
HK$2.38b
Debt
| Interest coverage ratio | -11.1x |
| Cash | HK$3.26b |
| Equity | HK$18.25b |
| Total liabilities | HK$6.76b |
| Total assets | HK$25.01b |
Recent financial health updates
Is China Travel International Investment Hong Kong (HKG:308) Using Too Much Debt?
Dec 14
Is China Travel International Investment Hong Kong (HKG:308) A Risky Investment?
Jun 08Is China Travel International Investment Hong Kong (HKG:308) Weighed On By Its Debt Load?
Dec 28Is China Travel International Investment Hong Kong (HKG:308) Weighed On By Its Debt Load?
Sep 07Is China Travel International Investment Hong Kong (HKG:308) Using Too Much Debt?
Apr 12Health Check: How Prudently Does China Travel International Investment Hong Kong (HKG:308) Use Debt?
Dec 22
Recent updates
China Travel International Investment Hong Kong Limited's (HKG:308) Shareholders Might Be Looking For Exit
Mar 04Is China Travel International Investment Hong Kong (HKG:308) Using Too Much Debt?
Dec 14Is China Travel International Investment Hong Kong (HKG:308) A Risky Investment?
Jun 08Is China Travel International Investment Hong Kong (HKG:308) Weighed On By Its Debt Load?
Dec 28Is China Travel International Investment Hong Kong (HKG:308) Weighed On By Its Debt Load?
Sep 07What Does China Travel International Investment Hong Kong Limited's (HKG:308) Share Price Indicate?
May 17Is China Travel International Investment Hong Kong (HKG:308) Using Too Much Debt?
Apr 12Why China Travel International Investment Hong Kong Limited (HKG:308) Could Be Worth Watching
Dec 04China Travel International Investment Hong Kong Limited's (HKG:308) Intrinsic Value Is Potentially 78% Above Its Share Price
Nov 08China Travel International Investment Hong Kong (HKG:308) Strong Profits May Be Masking Some Underlying Issues
Sep 23Health Check: How Prudently Does China Travel International Investment Hong Kong (HKG:308) Use Debt?
Dec 22Financial Position Analysis
Short Term Liabilities: 308's short term assets (HK$8.3B) exceed its short term liabilities (HK$4.2B).
Long Term Liabilities: 308's short term assets (HK$8.3B) exceed its long term liabilities (HK$2.6B).
Debt to Equity History and Analysis
Debt Level: 308 has more cash than its total debt.
Reducing Debt: 308's debt to equity ratio has increased from 1.9% to 13.1% over the past 5 years.
Debt Coverage: 308's debt is well covered by operating cash flow (42.9%).
Interest Coverage: 308 earns more interest than it pays, so coverage of interest payments is not a concern.