China Aerospace International Holdings Balance Sheet Health
Financial Health criteria checks 4/6
China Aerospace International Holdings has a total shareholder equity of HK$9.5B and total debt of HK$1.4B, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are HK$14.6B and HK$5.1B respectively. China Aerospace International Holdings's EBIT is HK$54.1M making its interest coverage ratio 2.3. It has cash and short-term investments of HK$1.7B.
Key information
14.7%
Debt to equity ratio
HK$1.39b
Debt
| Interest coverage ratio | 2.3x |
| Cash | HK$1.72b |
| Equity | HK$9.47b |
| Total liabilities | HK$5.11b |
| Total assets | HK$14.58b |
Recent financial health updates
China Aerospace International Holdings (HKG:31) Seems To Use Debt Quite Sensibly
Sep 20
Is China Aerospace International Holdings (HKG:31) Using Too Much Debt?
Apr 20These 4 Measures Indicate That China Aerospace International Holdings (HKG:31) Is Using Debt Extensively
Dec 17Recent updates
A Look At The Fair Value Of China Aerospace International Holdings Limited (HKG:31)
Mar 15China Aerospace International Holdings (HKG:31) Seems To Use Debt Quite Sensibly
Sep 20The Return Trends At China Aerospace International Holdings (HKG:31) Look Promising
Jun 12Is China Aerospace International Holdings (HKG:31) Using Too Much Debt?
Apr 20How Does China Aerospace International Holdings Limited (HKG:31) Fare As A Dividend Stock?
Mar 17What We Make Of China Aerospace International Holdings' (HKG:31) Returns On Capital
Feb 18China Aerospace International Holdings (HKG:31) Shareholders Booked A 74% Gain In The Last Year
Jan 28
Does China Aerospace International Holdings's (HKG:31) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 07These 4 Measures Indicate That China Aerospace International Holdings (HKG:31) Is Using Debt Extensively
Dec 17Should China Aerospace International Holdings Limited (HKG:31) Be Part Of Your Dividend Portfolio?
Nov 30Financial Position Analysis
Short Term Liabilities: 31's short term assets (HK$3.3B) exceed its short term liabilities (HK$1.4B).
Long Term Liabilities: 31's short term assets (HK$3.3B) do not cover its long term liabilities (HK$3.7B).
Debt to Equity History and Analysis
Debt Level: 31 has more cash than its total debt.
Reducing Debt: 31's debt to equity ratio has reduced from 16.1% to 14.7% over the past 5 years.
Debt Coverage: 31's debt is well covered by operating cash flow (46.4%).
Interest Coverage: 31's interest payments on its debt are not well covered by EBIT (2.3x coverage).