Citychamp Watch & Jewellery Group Balance Sheet Health
Financial Health criteria checks 4/6
Citychamp Watch & Jewellery Group has a total shareholder equity of HK$4.0B and total debt of HK$900.5M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are HK$17.5B and HK$13.5B respectively. Citychamp Watch & Jewellery Group's EBIT is HK$154.6M making its interest coverage ratio 0.7. It has cash and short-term investments of HK$1.3B.
Key information
22.4%
Debt to equity ratio
HK$900.47m
Debt
| Interest coverage ratio | 0.7x |
| Cash | HK$1.33b |
| Equity | HK$4.03b |
| Total liabilities | HK$13.52b |
| Total assets | HK$17.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEBT.F's short term assets (HK$11.1B) exceed its short term liabilities (HK$1.2B).
Long Term Liabilities: CEBT.F's short term assets (HK$11.1B) do not cover its long term liabilities (HK$12.4B).
Debt to Equity History and Analysis
Debt Level: CEBT.F has more cash than its total debt.
Reducing Debt: CEBT.F's debt to equity ratio has reduced from 36.8% to 22.4% over the past 5 years.
Debt Coverage: CEBT.F's debt is well covered by operating cash flow (231%).
Interest Coverage: CEBT.F's interest payments on its debt are not well covered by EBIT (0.7x coverage).