Liu Chong Hing Investment Balance Sheet Health
Financial Health criteria checks 3/6
Liu Chong Hing Investment has a total shareholder equity of HK$11.6B and total debt of HK$2.4B, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are HK$15.0B and HK$3.4B respectively. Liu Chong Hing Investment's EBIT is HK$123.5M making its interest coverage ratio 0.9. It has cash and short-term investments of HK$1.2B.
Key information
20.7%
Debt to equity ratio
HK$2.40b
Debt
Interest coverage ratio | 0.9x |
Cash | HK$1.22b |
Equity | HK$11.60b |
Total liabilities | HK$3.39b |
Total assets | HK$15.00b |
Recent financial health updates
Recent updates
Liu Chong Hing Investment (HKG:194) Has Announced A Dividend Of HK$0.17
Mar 17Liu Chong Hing Investment's (HKG:194) Dividend Will Be Reduced To HK$0.11
Aug 28Liu Chong Hing Investment (HKG:194) Will Pay A Smaller Dividend Than Last Year
Aug 13Liu Chong Hing Investment (HKG:194) Will Pay A Larger Dividend Than Last Year At HK$0.28
May 20Liu Chong Hing Investment (HKG:194) Has Announced That It Will Be Increasing Its Dividend To HK$0.28
Apr 27Liu Chong Hing Investment (HKG:194) Is Increasing Its Dividend To HK$0.28
Mar 28Liu Chong Hing Investment's (HKG:194) Dividend Will Be Increased To HK$0.18
Aug 07Should You Buy Liu Chong Hing Investment Limited (HKG:194) For Its Dividend?
Apr 22Does Liu Chong Hing Investment (HKG:194) Have A Healthy Balance Sheet?
Mar 27How Much Did Liu Chong Hing Investment's(HKG:194) Shareholders Earn From Share Price Movements Over The Last Three Years?
Mar 01Liu Chong Hing Investment Limited (HKG:194) Investors Should Think About This Before Buying It For Its Dividend
Jan 21Estimating The Fair Value Of Liu Chong Hing Investment Limited (HKG:194)
Dec 17Reflecting on Liu Chong Hing Investment's (HKG:194) Share Price Returns Over The Last Three Years
Nov 27Financial Position Analysis
Short Term Liabilities: 194's short term assets (HK$2.7B) exceed its short term liabilities (HK$2.4B).
Long Term Liabilities: 194's short term assets (HK$2.7B) exceed its long term liabilities (HK$1.0B).
Debt to Equity History and Analysis
Debt Level: 194's net debt to equity ratio (10.2%) is considered satisfactory.
Reducing Debt: 194's debt to equity ratio has increased from 7% to 20.7% over the past 5 years.
Debt Coverage: 194's debt is not well covered by operating cash flow (7%).
Interest Coverage: 194's interest payments on its debt are not well covered by EBIT (0.9x coverage).