China Cultural Tourism and Agriculture Group Balance Sheet Health
Financial Health criteria checks 1/6
China Cultural Tourism and Agriculture Group has a total shareholder equity of HK$87.9M and total debt of HK$1.8B, which brings its debt-to-equity ratio to 2005.9%. Its total assets and total liabilities are HK$3.4B and HK$3.3B respectively. China Cultural Tourism and Agriculture Group's EBIT is HK$37.4M making its interest coverage ratio 0.3. It has cash and short-term investments of HK$13.4M.
Key information
2,005.9%
Debt to equity ratio
HK$1.76b
Debt
Interest coverage ratio | 0.3x |
Cash | HK$13.37m |
Equity | HK$87.91m |
Total liabilities | HK$3.30b |
Total assets | HK$3.39b |
Recent financial health updates
No updates
Recent updates
After Leaping 29% China Cultural Tourism and Agriculture Group Limited (HKG:542) Shares Are Not Flying Under The Radar
Apr 07Investors Continue Waiting On Sidelines For China Cultural Tourism and Agriculture Group Limited (HKG:542)
Feb 19Returns on Capital Paint A Bright Future For TFG International Group (HKG:542)
Dec 08Investors Holding Back On TFG International Group Limited (HKG:542)
Aug 29We Like TFG International Group's (HKG:542) Returns And Here's How They're Trending
Jul 21Calculating The Intrinsic Value Of TFG International Group Limited (HKG:542)
Jul 21Financial Position Analysis
Short Term Liabilities: 542's short term assets (HK$1.6B) exceed its short term liabilities (HK$1.3B).
Long Term Liabilities: 542's short term assets (HK$1.6B) do not cover its long term liabilities (HK$2.0B).
Debt to Equity History and Analysis
Debt Level: 542's net debt to equity ratio (1990.7%) is considered high.
Reducing Debt: 542's debt to equity ratio has increased from 94.3% to 2005.9% 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 542 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 542 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.