Cherish Sunshine International Balance Sheet Health
Financial Health criteria checks 3/6
Cherish Sunshine International has a total shareholder equity of HK$298.6M and total debt of HK$70.5M, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are HK$604.8M and HK$306.1M respectively.
Key information
23.6%
Debt to equity ratio
HK$70.53m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$6.60m |
| Equity | HK$298.62m |
| Total liabilities | HK$306.14m |
| Total assets | HK$604.76m |
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
Market 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$301.2M) exceed its short term liabilities (HK$247.9M).
Long Term Liabilities: 1094's short term assets (HK$301.2M) exceed its long term liabilities (HK$58.3M).
Debt to Equity History and Analysis
Debt Level: 1094's net debt to equity ratio (21.4%) is considered satisfactory.
Reducing Debt: 1094's debt to equity ratio has increased from 21.1% to 23.6% over the past 5 years.
Debt Coverage: 1094's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1094's interest payments on its debt are well covered by EBIT.