China Innovation Investment Balance Sheet Health
Financial Health criteria checks 6/6
China Innovation Investment has a total shareholder equity of HK$547.7M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$550.2M and HK$2.6M respectively. China Innovation Investment's EBIT is HK$2.3M making its interest coverage ratio 29.5. It has cash and short-term investments of HK$178.2M.
Key information
0%
Debt to equity ratio
HK$0
Debt
Interest coverage ratio | 29.5x |
Cash | HK$178.21m |
Equity | HK$547.67m |
Total liabilities | HK$2.55m |
Total assets | HK$550.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1217's short term assets (HK$337.4M) exceed its short term liabilities (HK$1.2M).
Long Term Liabilities: 1217's short term assets (HK$337.4M) exceed its long term liabilities (HK$1.4M).
Debt to Equity History and Analysis
Debt Level: 1217 is debt free.
Reducing Debt: 1217 has not had any debt for past 5 years.
Debt Coverage: 1217 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1217 has no debt, therefore coverage of interest payments is not a concern.