Chinney Investments Balance Sheet Health
Financial Health criteria checks 1/6
Chinney Investments has a total shareholder equity of HK$11.5B and total debt of HK$7.4B, which brings its debt-to-equity ratio to 64.2%. Its total assets and total liabilities are HK$21.1B and HK$9.6B respectively. Chinney Investments's EBIT is HK$440.3M making its interest coverage ratio 1.4. It has cash and short-term investments of HK$1.9B.
Key information
64.2%
Debt to equity ratio
HK$7.38b
Debt
| Interest coverage ratio | 1.4x |
| Cash | HK$1.85b |
| Equity | HK$11.49b |
| Total liabilities | HK$9.61b |
| Total assets | HK$21.10b |
Recent financial health updates
These 4 Measures Indicate That Chinney Investments (HKG:216) Is Using Debt Extensively
Mar 20
Does Chinney Investments (HKG:216) Have A Healthy Balance Sheet?
Dec 07Does Chinney Investments (HKG:216) Have A Healthy Balance Sheet?
Mar 26Is Chinney Investments (HKG:216) Using Too Much Debt?
Dec 01Recent updates
These 4 Measures Indicate That Chinney Investments (HKG:216) Is Using Debt Extensively
Mar 20Chinney Investments (HKG:216) Has Affirmed Its Dividend Of HK$0.05
Aug 28Chinney Investments (HKG:216) Is Due To Pay A Dividend Of HK$0.05
Jul 27Does Chinney Investments (HKG:216) Have A Healthy Balance Sheet?
Dec 07Chinney Investments (HKG:216) Is Paying Out A Dividend Of HK$0.05
Aug 25Chinney Investments (HKG:216) Has Announced A Dividend Of HK$0.05
Jul 14We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Chinney Investments, Limited's (HKG:216) CEO For Now
Aug 19Does Chinney Investments (HKG:216) Have A Healthy Balance Sheet?
Mar 26Chinney Investments'(HKG:216) Share Price Is Down 48% Over The Past Three Years.
Feb 17What Can We Conclude About Chinney Investments' (HKG:216) CEO Pay?
Jan 22
Three Things You Should Check Before Buying Chinney Investments, Limited (HKG:216) For Its Dividend
Dec 27Is Chinney Investments (HKG:216) Using Too Much Debt?
Dec 01Financial Position Analysis
Short Term Liabilities: 216's short term assets (HK$3.5B) exceed its short term liabilities (HK$2.1B).
Long Term Liabilities: 216's short term assets (HK$3.5B) do not cover its long term liabilities (HK$7.5B).
Debt to Equity History and Analysis
Debt Level: 216's net debt to equity ratio (48.1%) is considered high.
Reducing Debt: 216's debt to equity ratio has increased from 43.6% to 64.2% over the past 5 years.
Debt Coverage: 216's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: 216's interest payments on its debt are not well covered by EBIT (1.4x coverage).