Zhong Hua International Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Zhong Hua International Holdings has a total shareholder equity of HK$2.9B and total debt of HK$69.1M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are HK$4.2B and HK$1.3B respectively. Zhong Hua International Holdings's EBIT is HK$4.3M making its interest coverage ratio 3. It has cash and short-term investments of HK$95.9M.
Key information
2.4%
Debt to equity ratio
HK$69.10m
Debt
| Interest coverage ratio | 3x |
| Cash | HK$95.87m |
| Equity | HK$2.88b |
| Total liabilities | HK$1.35b |
| Total assets | HK$4.23b |
Recent financial health updates
Is Zhong Hua International Holdings (HKG:1064) A Risky Investment?
Sep 07
Here's Why Zhong Hua International Holdings (HKG:1064) Can Manage Its Debt Responsibly
Sep 08Zhong Hua International Holdings (HKG:1064) Has A Somewhat Strained Balance Sheet
May 26Here's Why Zhong Hua International Holdings (HKG:1064) Has A Meaningful Debt Burden
Oct 28Is Zhong Hua International Holdings (HKG:1064) Using Too Much Debt?
Jun 22Is Zhong Hua International Holdings (HKG:1064) A Risky Investment?
Nov 18
Recent updates
Zhong Hua International Holdings Limited's (HKG:1064) Shareholders Might Be Looking For Exit
Jan 04Is Zhong Hua International Holdings (HKG:1064) A Risky Investment?
Sep 07Here's Why Zhong Hua International Holdings (HKG:1064) Can Manage Its Debt Responsibly
Sep 08Zhong Hua International Holdings (HKG:1064) Has A Somewhat Strained Balance Sheet
May 26Here's Why Zhong Hua International Holdings (HKG:1064) Has A Meaningful Debt Burden
Oct 28Is Zhong Hua International Holdings (HKG:1064) Using Too Much Debt?
Jun 22Calculating The Fair Value Of Zhong Hua International Holdings Limited (HKG:1064)
Mar 03Is Zhong Hua International Holdings (HKG:1064) A Risky Investment?
Nov 18Financial Position Analysis
Short Term Liabilities: 1064's short term assets (HK$145.1M) exceed its short term liabilities (HK$132.3M).
Long Term Liabilities: 1064's short term assets (HK$145.1M) do not cover its long term liabilities (HK$1.2B).
Debt to Equity History and Analysis
Debt Level: 1064 has more cash than its total debt.
Reducing Debt: 1064's debt to equity ratio has reduced from 2.8% to 2.4% over the past 5 years.
Debt Coverage: 1064's debt is well covered by operating cash flow (40.2%).
Interest Coverage: 1064's interest payments on its debt are not well covered by EBIT (3x coverage).