China Asia Valley Group Balance Sheet Health
Financial Health criteria checks 1/6
China Asia Valley Group has a total shareholder equity of HK$133.0M and total debt of HK$160.0M, which brings its debt-to-equity ratio to 120.3%. Its total assets and total liabilities are HK$598.6M and HK$465.6M respectively. China Asia Valley Group's EBIT is HK$8.2M making its interest coverage ratio 1. It has cash and short-term investments of HK$51.1M.
Key information
120.3%
Debt to equity ratio
HK$160.00m
Debt
| Interest coverage ratio | 1x |
| Cash | HK$51.13m |
| Equity | HK$133.04m |
| Total liabilities | HK$465.58m |
| Total assets | HK$598.62m |
Recent financial health updates
These 4 Measures Indicate That China Asia Valley Group (HKG:63) Is Using Debt Extensively
Apr 17
China Asia Valley Group (HKG:63) Has Debt But No Earnings; Should You Worry?
Dec 30Here's Why China Asia Valley Group (HKG:63) Can Afford Some Debt
Sep 07Is China Asia Valley Group (HKG:63) Using Too Much Debt?
May 24China Asia Valley Group (HKG:63) Takes On Some Risk With Its Use Of Debt
Nov 28Here's Why China Asia Valley Group (HKG:63) Is Weighed Down By Its Debt Load
Apr 04Recent updates
These 4 Measures Indicate That China Asia Valley Group (HKG:63) Is Using Debt Extensively
Apr 17China Asia Valley Group (HKG:63) Has Debt But No Earnings; Should You Worry?
Dec 30Here's Why China Asia Valley Group (HKG:63) Can Afford Some Debt
Sep 07Is China Asia Valley Group (HKG:63) Using Too Much Debt?
May 24China Asia Valley Group (HKG:63) Takes On Some Risk With Its Use Of Debt
Nov 28Estimating The Fair Value Of China Asia Valley Group Limited (HKG:63)
Oct 11Here's Why China Asia Valley Group (HKG:63) Is Weighed Down By Its Debt Load
Apr 04Is China Asia Valley Group (HKG:63) Using Debt In A Risky Way?
Sep 21Financial Position Analysis
Short Term Liabilities: 63's short term assets (HK$248.6M) do not cover its short term liabilities (HK$465.6M).
Long Term Liabilities: 63 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 63's net debt to equity ratio (81.8%) is considered high.
Reducing Debt: 63's debt to equity ratio has increased from 101.6% to 120.3% over the past 5 years.
Debt Coverage: 63's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 63's interest payments on its debt are not well covered by EBIT (1x coverage).