China Taiping Insurance Holdings Balance Sheet Health
Financial Health criteria checks 3/6
China Taiping Insurance Holdings has a total shareholder equity of HK$123.9B and total debt of HK$133.3B, which brings its debt-to-equity ratio to 107.6%. Its total assets and total liabilities are HK$1,423.0B and HK$1,299.1B respectively. China Taiping Insurance Holdings's EBIT is HK$6.7B making its interest coverage ratio 1.7. It has cash and short-term investments of HK$512.7B.
Key information
107.6%
Debt to equity ratio
HK$133.27b
Debt
Interest coverage ratio | 1.7x |
Cash | HK$512.65b |
Equity | HK$123.91b |
Total liabilities | HK$1.30t |
Total assets | HK$1.42t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CINS.F's short term assets (HK$589.5B) exceed its short term liabilities (HK$170.8B).
Long Term Liabilities: CINS.F's short term assets (HK$589.5B) do not cover its long term liabilities (HK$1,128.3B).
Debt to Equity History and Analysis
Debt Level: CINS.F has more cash than its total debt.
Reducing Debt: CINS.F's debt to equity ratio has increased from 93.1% to 107.6% over the past 5 years.
Debt Coverage: CINS.F's debt is well covered by operating cash flow (86.4%).
Interest Coverage: CINS.F's interest payments on its debt are not well covered by EBIT (1.7x coverage).