China Aluminum Cans Holdings Balance Sheet Health
Financial Health criteria checks 6/6
China Aluminum Cans Holdings has a total shareholder equity of HK$317.0M and total debt of HK$126.0K, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are HK$343.0M and HK$26.0M respectively. China Aluminum Cans Holdings's EBIT is HK$28.3M making its interest coverage ratio -36.8. It has cash and short-term investments of HK$64.9M.
Key information
0.04%
Debt to equity ratio
HK$126.00k
Debt
| Interest coverage ratio | -36.8x |
| Cash | HK$64.91m |
| Equity | HK$316.99m |
| Total liabilities | HK$26.04m |
| Total assets | HK$343.04m |
Recent financial health updates
Recent updates
Should You Be Adding China Aluminum Cans Holdings (HKG:6898) To Your Watchlist Today?
Dec 13
If EPS Growth Is Important To You, China Aluminum Cans Holdings (HKG:6898) Presents An Opportunity
Aug 25Shareholders Will Most Likely Find China Aluminum Cans Holdings Limited's (HKG:6898) CEO Compensation Acceptable
May 05China Aluminum Cans Holdings (HKG:6898) Has A Rock Solid Balance Sheet
Apr 27Is The Market Rewarding China Aluminum Cans Holdings Limited (HKG:6898) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?
Feb 01A Quick Analysis On China Aluminum Cans Holdings' (HKG:6898) CEO Salary
Dec 28
Share Price Aside, China Aluminum Cans Holdings (HKG:6898) Has Delivered Shareholders A 0.6% Return.
Nov 30Financial Position Analysis
Short Term Liabilities: 6898's short term assets (HK$124.2M) exceed its short term liabilities (HK$19.1M).
Long Term Liabilities: 6898's short term assets (HK$124.2M) exceed its long term liabilities (HK$6.9M).
Debt to Equity History and Analysis
Debt Level: 6898 has more cash than its total debt.
Reducing Debt: 6898's debt to equity ratio has reduced from 14% to 0.04% over the past 5 years.
Debt Coverage: 6898's debt is well covered by operating cash flow (29113.5%).
Interest Coverage: 6898 earns more interest than it pays, so coverage of interest payments is not a concern.