China Taiping Insurance Holdings Balance Sheet Health
Financial Health criteria checks 5/6
China Taiping Insurance Holdings has a total shareholder equity of HK$132.6B and total debt of HK$129.1B, which brings its debt-to-equity ratio to 97.4%. Its total assets and total liabilities are HK$1,509.5B and HK$1,376.9B respectively. China Taiping Insurance Holdings's EBIT is HK$16.6B making its interest coverage ratio 4.4. It has cash and short-term investments of HK$510.2B.
Key information
97.4%
Debt to equity ratio
HK$129.12b
Debt
| Interest coverage ratio | 4.4x |
| Cash | HK$510.15b |
| Equity | HK$132.60b |
| Total liabilities | HK$1.38t |
| Total assets | HK$1.51t |
Recent financial health updates
No updates
Recent updates
China Taiping Insurance Holdings (HKG:966) Is Increasing Its Dividend To HK$0.30
Apr 01
China Taiping Insurance Holdings Company Limited's (HKG:966) Subdued P/E Might Signal An Opportunity
Jan 18China Taiping Insurance Holdings (HKG:966) Is Reducing Its Dividend To HK$0.26
Jul 03China Taiping Insurance Holdings (HKG:966) Will Pay A Smaller Dividend Than Last Year
Jun 01China Taiping Insurance Holdings (HKG:966) Is Paying Out A Larger Dividend Than Last Year
Jun 10China Taiping Insurance Holdings' (HKG:966) Upcoming Dividend Will Be Larger Than Last Year's
May 18China Taiping Insurance Holdings' (HKG:966) Upcoming Dividend Will Be Larger Than Last Year's
Apr 28China Taiping Insurance Holdings (HKG:966) Is Increasing Its Dividend To HK$0.46
Apr 07Would China Taiping Insurance Holdings Company Limited (HKG:966) Be Valuable To Income Investors?
Mar 26If You Had Bought China Taiping Insurance Holdings' (HKG:966) Shares Three Years Ago You Would Be Down 55%
Jan 27
Financial Position Analysis
Short Term Liabilities: 966's short term assets (HK$588.9B) exceed its short term liabilities (HK$122.0B).
Long Term Liabilities: 966's short term assets (HK$588.9B) do not cover its long term liabilities (HK$1,254.9B).
Debt to Equity History and Analysis
Debt Level: 966 has more cash than its total debt.
Reducing Debt: 966's debt to equity ratio has reduced from 100.2% to 97.4% over the past 5 years.
Debt Coverage: 966's debt is well covered by operating cash flow (86.4%).
Interest Coverage: 966's interest payments on its debt are well covered by EBIT (4.4x coverage).