Cheuk Nang (Holdings) Balance Sheet Health
Financial Health criteria checks 4/6
Cheuk Nang (Holdings) has a total shareholder equity of HK$6.9B and total debt of HK$1.6B, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are HK$9.6B and HK$2.7B respectively. Cheuk Nang (Holdings)'s EBIT is HK$50.2M making its interest coverage ratio 1.6. It has cash and short-term investments of HK$939.0M.
Key information
23.0%
Debt to equity ratio
HK$1.59b
Debt
Interest coverage ratio | 1.6x |
Cash | HK$939.01m |
Equity | HK$6.89b |
Total liabilities | HK$2.67b |
Total assets | HK$9.56b |
Recent financial health updates
Health Check: How Prudently Does Cheuk Nang (Holdings) (HKG:131) Use Debt?
May 20Cheuk Nang (Holdings) (HKG:131) Has A Pretty Healthy Balance Sheet
Mar 11Recent updates
Shareholders Can Be Confident That Cheuk Nang (Holdings)'s (HKG:131) Earnings Are High Quality
Oct 29Cheuk Nang (Holdings) (HKG:131) Is Increasing Its Dividend To HK$0.04
Oct 15Cheuk Nang (Holdings) (HKG:131) Will Pay A Larger Dividend Than Last Year At HK$0.04
Sep 28Shareholders May Be Wary Of Increasing Cheuk Nang (Holdings) Limited's (HKG:131) CEO Compensation Package
Nov 15We Think Cheuk Nang (Holdings) Limited's (HKG:131) CEO Compensation Package Needs To Be Put Under A Microscope
Nov 16Cheuk Nang (Holdings)'s (HKG:131) Shareholders Will Receive A Smaller Dividend Than Last Year
Nov 11Cheuk Nang (Holdings) (HKG:131) Has Announced That Its Dividend Will Be Reduced To HK$0.02
Oct 28Cheuk Nang (Holdings)'s (HKG:131) Dividend Is Being Reduced To HK$0.02
Sep 30Health Check: How Prudently Does Cheuk Nang (Holdings) (HKG:131) Use Debt?
May 20Cheuk Nang (Holdings)'s (HKG:131) Dividend Will Be Reduced To HK$0.03
Oct 01Estimating The Intrinsic Value Of Cheuk Nang (Holdings) Limited (HKG:131)
Apr 25Looking For Steady Income For Your Dividend Portfolio? Is Cheuk Nang (Holdings) Limited (HKG:131) A Good Fit?
Apr 07Do These 3 Checks Before Buying Cheuk Nang (Holdings) Limited (HKG:131) For Its Upcoming Dividend
Mar 20Cheuk Nang (Holdings) (HKG:131) Has A Pretty Healthy Balance Sheet
Mar 11How Much Does Cheuk Nang (Holdings)'s (HKG:131) CEO Make?
Feb 21Cheuk Nang (Holdings)'s (HKG:131) Stock Price Has Reduced 43% In The Past Five Years
Feb 03Need To Know: Cheuk Nang (Holdings) Limited (HKG:131) Insiders Have Been Buying Shares
Jan 16Do Insiders Own Lots Of Shares In Cheuk Nang (Holdings) Limited (HKG:131)?
Dec 29Cheuk Nang (Holdings) Limited (HKG:131) Investors Should Think About This Before Buying It For Its Dividend
Dec 14Does Cheuk Nang (Holdings)'s (HKG:131) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 29Financial Position Analysis
Short Term Liabilities: 131's short term assets (HK$3.9B) exceed its short term liabilities (HK$2.0B).
Long Term Liabilities: 131's short term assets (HK$3.9B) exceed its long term liabilities (HK$705.7M).
Debt to Equity History and Analysis
Debt Level: 131's net debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: 131's debt to equity ratio has reduced from 23.1% to 23% over the past 5 years.
Debt Coverage: 131's debt is not well covered by operating cash flow (13%).
Interest Coverage: 131's interest payments on its debt are not well covered by EBIT (1.6x coverage).