CK Asset Holdings Balance Sheet Health
Financial Health criteria checks 5/6
CK Asset Holdings has a total shareholder equity of HK$393.7B and total debt of HK$48.5B, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are HK$514.8B and HK$121.1B respectively. CK Asset Holdings's EBIT is HK$17.2B making its interest coverage ratio -10.6. It has cash and short-term investments of HK$60.5B.
Key information
12.3%
Debt to equity ratio
HK$48.54b
Debt
Interest coverage ratio | -10.6x |
Cash | HK$60.45b |
Equity | HK$393.71b |
Total liabilities | HK$121.11b |
Total assets | HK$514.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1113 N's short term assets (HK$209.9B) exceed its short term liabilities (HK$55.0B).
Long Term Liabilities: 1113 N's short term assets (HK$209.9B) exceed its long term liabilities (HK$66.1B).
Debt to Equity History and Analysis
Debt Level: 1113 N has more cash than its total debt.
Reducing Debt: 1113 N's debt to equity ratio has reduced from 23.3% to 12.3% over the past 5 years.
Debt Coverage: 1113 N's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: 1113 N earns more interest than it pays, so coverage of interest payments is not a concern.