CITIC Resources Holdings has a total shareholder equity of HK$7.9B and total debt of HK$1.4B, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are HK$13.1B and HK$5.1B respectively. CITIC Resources Holdings's EBIT is HK$763.7M making its interest coverage ratio 20.2. It has cash and short-term investments of HK$1.2B.
Key information
17.1%
Debt to equity ratio
HK$1.36b
Debt
Interest coverage ratio
20.2x
Cash
HK$1.22b
Equity
HK$7.93b
Total liabilities
HK$5.15b
Total assets
HK$13.07b
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTJH.F's short term assets (HK$3.8B) exceed its short term liabilities (HK$2.9B).
Long Term Liabilities: CTJH.F's short term assets (HK$3.8B) exceed its long term liabilities (HK$2.2B).
Debt to Equity History and Analysis
Debt Level: CTJH.F's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: CTJH.F's debt to equity ratio has reduced from 90.3% to 17.1% over the past 5 years.
Debt Coverage: CTJH.F's debt is well covered by operating cash flow (78.5%).
Interest Coverage: CTJH.F's interest payments on its debt are well covered by EBIT (20.2x coverage).