China Asia Valley Group Balance Sheet Health
Financial Health criteria checks 3/6
China Asia Valley Group has a total shareholder equity of HK$489.5M and total debt of HK$144.0M, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are HK$1.4B and HK$875.2M respectively. China Asia Valley Group's EBIT is HK$18.2M making its interest coverage ratio 1.2. It has cash and short-term investments of HK$27.1M.
Key information
29.4%
Debt to equity ratio
HK$144.00m
Debt
| Interest coverage ratio | 1.2x |
| Cash | HK$27.13m |
| Equity | HK$489.47m |
| Total liabilities | HK$875.17m |
| Total assets | HK$1.36b |
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$89.2M) do not cover its short term liabilities (HK$275.8M).
Long Term Liabilities: 63's short term assets (HK$89.2M) do not cover its long term liabilities (HK$599.3M).
Debt to Equity History and Analysis
Debt Level: 63's net debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: 63's debt to equity ratio has reduced from 108.6% to 29.4% over the past 5 years.
Debt Coverage: 63's debt is well covered by operating cash flow (34.2%).
Interest Coverage: 63's interest payments on its debt are not well covered by EBIT (1.2x coverage).