Cathay Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Cathay Group Holdings has a total shareholder equity of CN¥2.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.7B and CN¥299.6M respectively. Cathay Group Holdings's EBIT is CN¥75.5M making its interest coverage ratio -11.8. It has cash and short-term investments of CN¥861.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -11.8x |
| Cash | CN¥861.49m |
| Equity | CN¥2.38b |
| Total liabilities | CN¥299.58m |
| Total assets | CN¥2.68b |
Recent financial health updates
No updates
Recent updates
Shareholders May Be A Bit More Conservative With Cathay Media and Education Group Inc.'s (HKG:1981) CEO Compensation For Now
May 23
Cathay Media and Education Group Inc.'s (HKG:1981) 28% Share Price Surge Not Quite Adding Up
Apr 10Cathay Media and Education Group (HKG:1981) Might Be Having Difficulty Using Its Capital Effectively
Jul 07Estimating The Fair Value Of Cathay Media and Education Group Inc. (HKG:1981)
May 26Here's What's Concerning About Cathay Media and Education Group's (HKG:1981) Returns On Capital
Mar 15An Intrinsic Calculation For Cathay Media and Education Group Inc. (HKG:1981) Suggests It's 28% Undervalued
Dec 19Investors Could Be Concerned With Cathay Media and Education Group's (HKG:1981) Returns On Capital
Jun 22Cathay Media and Education Group (HKG:1981) Has Announced That Its Dividend Will Be Reduced To HK$0.06
May 30Cathay Media and Education Group (HKG:1981) Is Reducing Its Dividend To HK$0.06
May 12Cathay Media and Education Group's (HKG:1981) Dividend Is Being Reduced To HK$0.06
Apr 28Cathay Media and Education Group (HKG:1981) Is Reducing Its Dividend To HK$0.06
Apr 04Cathay Media and Education Group (HKG:1981) Might Be Having Difficulty Using Its Capital Effectively
Dec 27Cathay Media and Education Group Inc. (HKG:1981) Has Got What It Takes To Be An Attractive Dividend Stock
May 05Cathay Media and Education Group Inc.'s (HKG:1981) P/E Still Appears To Be Reasonable
Apr 14What Percentage Of Cathay Media and Education Group Inc. (HKG:1981) Shares Do Insiders Own?
Jan 28With A 5.1% Return On Equity, Is Cathay Media and Education Group Inc. (HKG:1981) A Quality Stock?
Dec 24
Financial Position Analysis
Short Term Liabilities: 1981's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥287.4M).
Long Term Liabilities: 1981's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥12.2M).
Debt to Equity History and Analysis
Debt Level: 1981 is debt free.
Reducing Debt: 1981 currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: 1981 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1981 has no debt, therefore coverage of interest payments is not a concern.