Chinese Estates Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Chinese Estates Holdings has a total shareholder equity of HK$14.2B and total debt of HK$3.9B, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are HK$18.5B and HK$4.3B respectively. Chinese Estates Holdings's EBIT is HK$392.7M making its interest coverage ratio 1.8. It has cash and short-term investments of HK$931.5M.
Key information
27.1%
Debt to equity ratio
HK$3.85b
Debt
| Interest coverage ratio | 1.8x |
| Cash | HK$931.55m |
| Equity | HK$14.24b |
| Total liabilities | HK$4.31b |
| Total assets | HK$18.55b |
Recent financial health updates
Here's Why Chinese Estates Holdings (HKG:127) Is Weighed Down By Its Debt Load
Jun 25
These 4 Measures Indicate That Chinese Estates Holdings (HKG:127) Is Using Debt Reasonably Well
Sep 13Chinese Estates Holdings (HKG:127) Has A Pretty Healthy Balance Sheet
Apr 13Recent updates
Here's Why Chinese Estates Holdings (HKG:127) Is Weighed Down By Its Debt Load
Jun 25These 4 Measures Indicate That Chinese Estates Holdings (HKG:127) Is Using Debt Reasonably Well
Sep 13Chinese Estates Holdings Limited's (HKG:127) Popularity With Investors Is Under Threat From Overpricing
May 09Chinese Estates Holdings (HKG:127) Has A Pretty Healthy Balance Sheet
Apr 13Chinese Estates Holdings (HKG:127) Share Prices Have Dropped 79% In The Last Five Years
Mar 09We Think Chinese Estates Holdings' (HKG:127) Statutory Profit Might Understate Its Earnings Potential
Feb 07Do Insiders Own Lots Of Shares In Chinese Estates Holdings Limited (HKG:127)?
Dec 16
Financial Position Analysis
Short Term Liabilities: 127's short term assets (HK$1.6B) do not cover its short term liabilities (HK$2.5B).
Long Term Liabilities: 127's short term assets (HK$1.6B) do not cover its long term liabilities (HK$1.8B).
Debt to Equity History and Analysis
Debt Level: 127's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: 127's debt to equity ratio has reduced from 40.3% to 27.1% over the past 5 years.
Debt Coverage: 127's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: 127's interest payments on its debt are not well covered by EBIT (1.8x coverage).