CLP Holdings Balance Sheet Health
Financial Health criteria checks 2/6
CLP Holdings has a total shareholder equity of HK$113.5B and total debt of HK$62.3B, which brings its debt-to-equity ratio to 54.9%. Its total assets and total liabilities are HK$234.3B and HK$120.8B respectively. CLP Holdings's EBIT is HK$17.3B making its interest coverage ratio 10.2. It has cash and short-term investments of HK$5.5B.
Key information
54.9%
Debt to equity ratio
HK$62.31b
Debt
| Interest coverage ratio | 10.2x |
| Cash | HK$5.46b |
| Equity | HK$113.50b |
| Total liabilities | HK$120.85b |
| Total assets | HK$234.34b |
Recent financial health updates
CLP Holdings (HKG:2) Seems To Use Debt Quite Sensibly
Sep 23
We Think CLP Holdings (HKG:2) Can Stay On Top Of Its Debt
Mar 28Does CLP Holdings (HKG:2) Have A Healthy Balance Sheet?
Nov 13These 4 Measures Indicate That CLP Holdings (HKG:2) Is Using Debt Extensively
Aug 10We Think CLP Holdings (HKG:2) Is Taking Some Risk With Its Debt
May 04CLP Holdings (HKG:2) Is Carrying A Fair Bit Of Debt
Oct 03Recent updates
Investors Appear Satisfied With CLP Holdings Limited's (HKG:2) Prospects
Oct 11CLP Holdings (HKG:2) Seems To Use Debt Quite Sensibly
Sep 23CLP Holdings (HKG:2) Has Affirmed Its Dividend Of HK$0.63
Aug 19CLP Holdings' (HKG:2) Conservative Accounting Might Explain Soft Earnings
Aug 16CLP Holdings Limited (HKG:2) Shares Could Be 45% Below Their Intrinsic Value Estimate
Jul 26Return Trends At CLP Holdings (HKG:2) Aren't Appealing
Jun 13CLP Holdings Limited (HKG:2) Screens Well But There Might Be A Catch
May 25CLP Holdings Limited (HKG:2) Shares Could Be 38% Below Their Intrinsic Value Estimate
Apr 17We Think CLP Holdings (HKG:2) Can Stay On Top Of Its Debt
Mar 28Potential Upside For CLP Holdings Limited (HKG:2) Not Without Risk
Jan 08An Intrinsic Calculation For CLP Holdings Limited (HKG:2) Suggests It's 34% Undervalued
Dec 18Does CLP Holdings (HKG:2) Have A Healthy Balance Sheet?
Nov 13Returns At CLP Holdings (HKG:2) Appear To Be Weighed Down
Sep 20These 4 Measures Indicate That CLP Holdings (HKG:2) Is Using Debt Extensively
Aug 10Are Investors Undervaluing CLP Holdings Limited (HKG:2) By 21%?
Jun 29Be Wary Of CLP Holdings (HKG:2) And Its Returns On Capital
Jun 12We Think CLP Holdings (HKG:2) Is Taking Some Risk With Its Debt
May 04CLP Holdings (HKG:2) Is Due To Pay A Dividend Of HK$1.21
Mar 01CLP Holdings Limited (HKG:2) Shares Could Be 37% Below Their Intrinsic Value Estimate
Feb 16CLP Holdings (HKG:2) Is Due To Pay A Dividend Of HK$0.63
Nov 01CLP Holdings (HKG:2) Is Carrying A Fair Bit Of Debt
Oct 03CLP Holdings (HKG:2) Is Paying Out A Dividend Of HK$0.63
Aug 10CLP Holdings (HKG:2) Will Be Hoping To Turn Its Returns On Capital Around
Jul 12Is CLP Holdings (HKG:2) Using Too Much Debt?
Jun 16CLP Holdings (HKG:2) Has Re-Affirmed Its Dividend Of HK$0.63
May 18An Intrinsic Calculation For CLP Holdings Limited (HKG:2) Suggests It's 48% Undervalued
Apr 13CLP Holdings (HKG:2) May Have Issues Allocating Its Capital
Mar 27Does CLP Holdings (HKG:2) Have A Healthy Balance Sheet?
Mar 01CLP Holdings' (HKG:2) Returns Have Hit A Wall
Dec 15Is CLP Holdings (HKG:2) Using Too Much Debt?
Nov 26Calculating The Fair Value Of CLP Holdings Limited (HKG:2)
Nov 08CLP Holdings (HKG:2) Is Due To Pay A Dividend Of HK$0.63
Oct 20Slowing Rates Of Return At CLP Holdings (HKG:2) Leave Little Room For Excitement
Sep 15CLP Holdings (HKG:2) Seems To Use Debt Quite Sensibly
Aug 22CLP Holdings (HKG:2) Will Pay A Dividend Of HK$0.63
Aug 04Estimating The Fair Value Of CLP Holdings Limited (HKG:2)
Jul 08Financial Position Analysis
Short Term Liabilities: 2's short term assets (HK$30.2B) do not cover its short term liabilities (HK$43.2B).
Long Term Liabilities: 2's short term assets (HK$30.2B) do not cover its long term liabilities (HK$77.6B).
Debt to Equity History and Analysis
Debt Level: 2's net debt to equity ratio (50.1%) is considered high.
Reducing Debt: 2's debt to equity ratio has increased from 47.1% to 54.9% over the past 5 years.
Debt Coverage: 2's debt is well covered by operating cash flow (42.8%).
Interest Coverage: 2's interest payments on its debt are well covered by EBIT (10.2x coverage).