China Industrial Securities International Financial Group Balance Sheet Health
Financial Health criteria checks 3/6
China Industrial Securities International Financial Group has a total shareholder equity of HK$4.1B and total debt of HK$8.7B, which brings its debt-to-equity ratio to 210%. Its total assets and total liabilities are HK$16.6B and HK$12.4B respectively.
Key information
210.0%
Debt to equity ratio
HK$8.66b
Debt
Interest coverage ratio | n/a |
Cash | HK$6.91b |
Equity | HK$4.12b |
Total liabilities | HK$12.43b |
Total assets | HK$16.55b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6058's short term assets (HK$11.7B) exceed its short term liabilities (HK$11.5B).
Long Term Liabilities: 6058's short term assets (HK$11.7B) exceed its long term liabilities (HK$906.3M).
Debt to Equity History and Analysis
Debt Level: 6058's net debt to equity ratio (42.5%) is considered high.
Reducing Debt: 6058's debt to equity ratio has reduced from 273.5% to 210% over the past 5 years.
Debt Coverage: 6058's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 6058's interest payments on its debt are well covered by EBIT.