Cherish Sunshine International Balance Sheet Health
Financial Health criteria checks 3/6
Cherish Sunshine International has a total shareholder equity of HK$295.3M and total debt of HK$123.5M, which brings its debt-to-equity ratio to 41.8%. Its total assets and total liabilities are HK$727.9M and HK$432.6M respectively. Cherish Sunshine International's EBIT is HK$9.1M making its interest coverage ratio 1.4. It has cash and short-term investments of HK$6.7M.
Key information
41.8%
Debt to equity ratio
HK$123.46m
Debt
| Interest coverage ratio | 1.4x |
| Cash | HK$6.74m |
| Equity | HK$295.31m |
| Total liabilities | HK$432.62m |
| Total assets | HK$727.93m |
Recent financial health updates
Health Check: How Prudently Does China Public Procurement (HKG:1094) Use Debt?
Sep 07
Is China Public Procurement (HKG:1094) Using Too Much Debt?
Apr 01Recent updates
Even With A 36% Surge, Cautious Investors Are Not Rewarding Cherish Sunshine International Limited's (HKG:1094) Performance Completely
Oct 29Investors Still Aren't Entirely Convinced By Cherish Sunshine International Limited's (HKG:1094) Revenues Despite 167% Price Jump
Aug 30Cherish Sunshine International Limited (HKG:1094) Might Not Be As Mispriced As It Looks After Plunging 30%
Jul 16Many Still Looking Away From Cherish Sunshine International Limited (HKG:1094)
May 22Market Cool On Cherish Sunshine International Limited's (HKG:1094) Revenues Pushing Shares 33% Lower
Feb 02Health Check: How Prudently Does China Public Procurement (HKG:1094) Use Debt?
Sep 07Estimating The Fair Value Of China Public Procurement Limited (HKG:1094)
May 24Is China Public Procurement (HKG:1094) Using Too Much Debt?
Apr 01Financial Position Analysis
Short Term Liabilities: 1094's short term assets (HK$448.6M) exceed its short term liabilities (HK$331.9M).
Long Term Liabilities: 1094's short term assets (HK$448.6M) exceed its long term liabilities (HK$100.8M).
Debt to Equity History and Analysis
Debt Level: 1094's net debt to equity ratio (39.5%) is considered satisfactory.
Reducing Debt: 1094's debt to equity ratio has increased from 20.9% to 41.8% over the past 5 years.
Debt Coverage: 1094's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: 1094's interest payments on its debt are not well covered by EBIT (1.4x coverage).