China Travel International Investment Hong Kong Balance Sheet Health
Financial Health criteria checks 5/6
China Travel International Investment Hong Kong has a total shareholder equity of HK$18.3B and total debt of HK$2.4B, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are HK$25.0B and HK$6.8B respectively. China Travel International Investment Hong Kong's EBIT is HK$581.7M making its interest coverage ratio -11.1. It has cash and short-term investments of HK$3.3B.
Key information
13.1%
Debt to equity ratio
HK$2.38b
Debt
Interest coverage ratio | -11.1x |
Cash | HK$3.26b |
Equity | HK$18.25b |
Total liabilities | HK$6.76b |
Total assets | HK$25.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTVI.F's short term assets (HK$8.3B) exceed its short term liabilities (HK$4.2B).
Long Term Liabilities: CTVI.F's short term assets (HK$8.3B) exceed its long term liabilities (HK$2.6B).
Debt to Equity History and Analysis
Debt Level: CTVI.F has more cash than its total debt.
Reducing Debt: CTVI.F's debt to equity ratio has increased from 1.9% to 13.1% over the past 5 years.
Debt Coverage: CTVI.F's debt is well covered by operating cash flow (42.9%).
Interest Coverage: CTVI.F earns more interest than it pays, so coverage of interest payments is not a concern.