Chinese Estates Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Chinese Estates Holdings has a total shareholder equity of HK$13.7B and total debt of HK$4.1B, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are HK$18.2B and HK$4.5B respectively. Chinese Estates Holdings's EBIT is HK$267.0M making its interest coverage ratio 1.2. It has cash and short-term investments of HK$1.1B.
Key information
29.5%
Debt to equity ratio
HK$4.05b
Debt
| Interest coverage ratio | 1.2x |
| Cash | HK$1.11b |
| Equity | HK$13.72b |
| Total liabilities | HK$4.47b |
| Total assets | HK$18.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEST.F's short term assets (HK$1.6B) do not cover its short term liabilities (HK$2.7B).
Long Term Liabilities: CEST.F's short term assets (HK$1.6B) do not cover its long term liabilities (HK$1.8B).
Debt to Equity History and Analysis
Debt Level: CEST.F's net debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: CEST.F's debt to equity ratio has reduced from 42.2% to 29.5% over the past 5 years.
Debt Coverage: CEST.F's debt is not well covered by operating cash flow (2.5%).
Interest Coverage: CEST.F's interest payments on its debt are not well covered by EBIT (1.2x coverage).