CK Asset Holdings Balance Sheet Health
Financial Health criteria checks 5/6
CK Asset Holdings has a total shareholder equity of HK$400.3B and total debt of HK$56.1B, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are HK$504.5B and HK$104.1B respectively. CK Asset Holdings's EBIT is HK$10.5B making its interest coverage ratio -9.1. It has cash and short-term investments of HK$32.4B.
Key information
14.0%
Debt to equity ratio
HK$56.10b
Debt
| Interest coverage ratio | -9.1x |
| Cash | HK$32.40b |
| Equity | HK$400.32b |
| Total liabilities | HK$104.14b |
| Total assets | HK$504.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNGK.Y's short term assets (HK$174.2B) exceed its short term liabilities (HK$42.7B).
Long Term Liabilities: CNGK.Y's short term assets (HK$174.2B) exceed its long term liabilities (HK$61.4B).
Debt to Equity History and Analysis
Debt Level: CNGK.Y's net debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: CNGK.Y's debt to equity ratio has reduced from 17.5% to 14% over the past 5 years.
Debt Coverage: CNGK.Y's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: CNGK.Y earns more interest than it pays, so coverage of interest payments is not a concern.