China Water Affairs Group Balance Sheet Health
Financial Health criteria checks 1/6
China Water Affairs Group has a total shareholder equity of HK$21.5B and total debt of HK$25.8B, which brings its debt-to-equity ratio to 120.3%. Its total assets and total liabilities are HK$63.2B and HK$41.8B respectively. China Water Affairs Group's EBIT is HK$3.9B making its interest coverage ratio 7.3. It has cash and short-term investments of HK$5.3B.
Key information
120.3%
Debt to equity ratio
HK$25.82b
Debt
Interest coverage ratio | 7.3x |
Cash | HK$5.30b |
Equity | HK$21.45b |
Total liabilities | HK$41.79b |
Total assets | HK$63.24b |
Recent financial health updates
Here's Why China Water Affairs Group (HKG:855) Has A Meaningful Debt Burden
Dec 27Is China Water Affairs Group (HKG:855) Using Too Much Debt?
Dec 25Here's Why China Water Affairs Group (HKG:855) Has A Meaningful Debt Burden
Jun 30Here's Why China Water Affairs Group (HKG:855) Has A Meaningful Debt Burden
Jan 07Is China Water Affairs Group (HKG:855) Using Too Much Debt?
Jan 07Recent updates
China Water Affairs Group's (HKG:855) Dividend Will Be HK$0.15
Jul 28The Market Doesn't Like What It Sees From China Water Affairs Group Limited's (HKG:855) Earnings Yet As Shares Tumble 26%
Jul 21China Water Affairs Group (HKG:855) Is Due To Pay A Dividend Of HK$0.15
Jul 14Need To Know: Analysts Just Made A Substantial Cut To Their China Water Affairs Group Limited (HKG:855) Estimates
Jul 03China Water Affairs Group (HKG:855) Is Due To Pay A Dividend Of HK$0.15
Jun 30Investors Met With Slowing Returns on Capital At China Water Affairs Group (HKG:855)
Jun 14China Water Affairs Group Limited (HKG:855) Shares Could Be 32% Below Their Intrinsic Value Estimate
May 21China Water Affairs Group Limited's (HKG:855) Shares Lagging The Market But So Is The Business
Feb 22China Water Affairs Group (HKG:855) Has Some Way To Go To Become A Multi-Bagger
Feb 05Is There An Opportunity With China Water Affairs Group Limited's (HKG:855) 50% Undervaluation?
Jan 18Here's Why China Water Affairs Group (HKG:855) Has A Meaningful Debt Burden
Dec 27An Intrinsic Calculation For China Water Affairs Group Limited (HKG:855) Suggests It's 43% Undervalued
Oct 11China Water Affairs Group (HKG:855) Is Paying Out A Dividend Of HK$0.18
Sep 11China Water Affairs Group (HKG:855) Is Due To Pay A Dividend Of HK$0.18
Aug 28China Water Affairs Group (HKG:855) Is Due To Pay A Dividend Of HK$0.18
Jul 29An Intrinsic Calculation For China Water Affairs Group Limited (HKG:855) Suggests It's 27% Undervalued
Jun 25China Water Affairs Group (HKG:855) Has More To Do To Multiply In Value Going Forward
May 15Returns On Capital At China Water Affairs Group (HKG:855) Have Stalled
Jan 27Is China Water Affairs Group (HKG:855) Using Too Much Debt?
Dec 25Should You Be Adding China Water Affairs Group (HKG:855) To Your Watchlist Today?
Nov 17China Water Affairs Group's (HKG:855) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 12China Water Affairs Group (HKG:855) Has Announced That It Will Be Increasing Its Dividend To HK$0.18
Jul 29China Water Affairs Group (HKG:855) Has Announced That It Will Be Increasing Its Dividend To HK$0.18
Jul 14Here's Why China Water Affairs Group (HKG:855) Has A Meaningful Debt Burden
Jun 30China Water Affairs Group Limited Just Missed Earnings - But Analysts Have Updated Their Models
Jun 30China Water Affairs Group's (HKG:855) Returns Have Hit A Wall
Jun 09With EPS Growth And More, China Water Affairs Group (HKG:855) Is Interesting
Apr 28China Water Affairs Group (HKG:855) Has Some Way To Go To Become A Multi-Bagger
Feb 22Here's Why I Think China Water Affairs Group (HKG:855) Might Deserve Your Attention Today
Jan 24Here's Why China Water Affairs Group (HKG:855) Has A Meaningful Debt Burden
Jan 07China Water Affairs Group (HKG:855) Is Increasing Its Dividend To HK$0.16
Dec 01China Water Affairs Group (HKG:855) Has Announced A Dividend Of HK$0.16
Sep 04China Water Affairs Group (HKG:855) Will Pay A Dividend Of HK$0.16
Aug 04Here's What To Make Of China Water Affairs Group's (HKG:855) Decelerating Rates Of Return
Aug 03China Water Affairs Group (HKG:855) Will Pay A Dividend Of HK$0.16
Jul 01We Like These Underlying Trends At China Water Affairs Group (HKG:855)
Mar 12Did You Participate In Any Of China Water Affairs Group's (HKG:855) Fantastic 116% Return ?
Feb 24Is China Water Affairs Group Limited (HKG:855) A Smart Choice For Dividend Investors?
Feb 09What Type Of Shareholders Own The Most Number of China Water Affairs Group Limited (HKG:855) Shares?
Jan 22Is China Water Affairs Group (HKG:855) Using Too Much Debt?
Jan 07Is China Water Affairs Group Limited's (HKG:855) ROE Of 17% Impressive?
Dec 23China Water Affairs Group Limited (HKG:855) Goes Ex-Dividend Soon
Dec 05Are Insiders Buying China Water Affairs Group Limited (HKG:855) Stock?
Dec 01Financial Position Analysis
Short Term Liabilities: 855's short term assets (HK$16.9B) do not cover its short term liabilities (HK$20.7B).
Long Term Liabilities: 855's short term assets (HK$16.9B) do not cover its long term liabilities (HK$21.0B).
Debt to Equity History and Analysis
Debt Level: 855's net debt to equity ratio (95.7%) is considered high.
Reducing Debt: 855's debt to equity ratio has increased from 118% to 120.3% over the past 5 years.
Debt Coverage: 855's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: 855's interest payments on its debt are well covered by EBIT (7.3x coverage).