China Wood International Holding Balance Sheet Health
Financial Health criteria checks 0/6
China Wood International Holding has a total shareholder equity of HK$-41.7M and total debt of HK$14.1M, which brings its debt-to-equity ratio to -33.9%. Its total assets and total liabilities are HK$128.3M and HK$170.0M respectively. China Wood International Holding's EBIT is HK$10.0M making its interest coverage ratio 0.1. It has cash and short-term investments of HK$3.5M.
Key information
-33.9%
Debt to equity ratio
HK$14.12m
Debt
Interest coverage ratio | 0.1x |
Cash | HK$3.52m |
Equity | -HK$41.71m |
Total liabilities | HK$170.01m |
Total assets | HK$128.30m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1822 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 1822 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1822 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 1822's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 1822's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: 1822's interest payments on its debt are not well covered by EBIT (0.1x coverage).