CK Asset Holdings Balance Sheet Health
Financial Health criteria checks 5/6
CK Asset Holdings has a total shareholder equity of HK$399.4B and total debt of HK$54.9B, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are HK$508.9B and HK$109.4B respectively. CK Asset Holdings's EBIT is HK$11.9B making its interest coverage ratio -8.3. It has cash and short-term investments of HK$42.0B.
Key information
13.7%
Debt to equity ratio
HK$54.87b
Debt
Interest coverage ratio | -8.3x |
Cash | HK$42.02b |
Equity | HK$399.44b |
Total liabilities | HK$109.45b |
Total assets | HK$508.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1113's short term assets (HK$182.5B) exceed its short term liabilities (HK$51.8B).
Long Term Liabilities: 1113's short term assets (HK$182.5B) exceed its long term liabilities (HK$57.6B).
Debt to Equity History and Analysis
Debt Level: 1113's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: 1113's debt to equity ratio has reduced from 20.4% to 13.7% over the past 5 years.
Debt Coverage: 1113's debt is not well covered by operating cash flow (0.7%).
Interest Coverage: 1113 earns more interest than it pays, so coverage of interest payments is not a concern.