CNQC International Holdings Balance Sheet Health
Financial Health criteria checks 2/6
CNQC International Holdings has a total shareholder equity of HK$2.8B and total debt of HK$5.0B, which brings its debt-to-equity ratio to 178.6%. Its total assets and total liabilities are HK$11.1B and HK$8.3B respectively.
Key information
178.6%
Debt to equity ratio
HK$5.05b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$1.69b |
| Equity | HK$2.83b |
| Total liabilities | HK$8.29b |
| Total assets | HK$11.12b |
Recent financial health updates
Recent updates
Is CNQC International Holdings (HKG:1240) Weighed On By Its Debt Load?
Nov 02
CNQC International Holdings' (HKG:1240) Dividend Is Being Reduced To HK$0.06
Apr 27CNQC International Holdings' (HKG:1240) Dividend Is Being Reduced To HK$0.06
Apr 05We're Not Counting On CNQC International Holdings (HKG:1240) To Sustain Its Statutory Profitability
Jan 17If You Had Bought CNQC International Holdings' (HKG:1240) Shares Three Years Ago You Would Be Down 78%
Dec 13Financial Position Analysis
Short Term Liabilities: 1240's short term assets (HK$8.3B) exceed its short term liabilities (HK$7.1B).
Long Term Liabilities: 1240's short term assets (HK$8.3B) exceed its long term liabilities (HK$1.2B).
Debt to Equity History and Analysis
Debt Level: 1240's net debt to equity ratio (118.8%) is considered high.
Reducing Debt: 1240's debt to equity ratio has increased from 123.3% to 178.6% over the past 5 years.
Debt Coverage: 1240's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1240's interest payments on its debt are well covered by EBIT.