TCL Technology Group Balance Sheet Health
Financial Health criteria checks 1/6
TCL Technology Group has a total shareholder equity of CN¥136.6B and total debt of CN¥175.8B, which brings its debt-to-equity ratio to 128.7%. Its total assets and total liabilities are CN¥393.8B and CN¥257.2B respectively. TCL Technology Group's EBIT is CN¥780.2M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥54.9B.
Key information
128.7%
Debt to equity ratio
CN¥175.83b
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥54.89b |
| Equity | CN¥136.61b |
| Total liabilities | CN¥257.18b |
| Total assets | CN¥393.80b |
Recent financial health updates
Does TCL Technology Group (SZSE:000100) Have A Healthy Balance Sheet?
Jul 16
TCL Technology Group (SZSE:000100) Has A Somewhat Strained Balance Sheet
Feb 27Recent updates
TCL Technology Group's (SZSE:000100) Profits Appear To Have Quality Issues
Nov 05There's No Escaping TCL Technology Group Corporation's (SZSE:000100) Muted Revenues
Oct 07Is Now An Opportune Moment To Examine TCL Technology Group Corporation (SZSE:000100)?
Sep 16Does TCL Technology Group (SZSE:000100) Have A Healthy Balance Sheet?
Jul 16Lacklustre Performance Is Driving TCL Technology Group Corporation's (SZSE:000100) Low P/S
Jun 28Is TCL Technology Group Corporation (SZSE:000100) Potentially Undervalued?
Jun 10TCL Technology Group's (SZSE:000100) Promising Earnings May Rest On Soft Foundations
May 06TCL Technology Group Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 02The Price Is Right For TCL Technology Group Corporation (SZSE:000100)
Mar 15TCL Technology Group (SZSE:000100) Has A Somewhat Strained Balance Sheet
Feb 27Financial Position Analysis
Short Term Liabilities: 000100's short term assets (CN¥115.8B) exceed its short term liabilities (CN¥114.2B).
Long Term Liabilities: 000100's short term assets (CN¥115.8B) do not cover its long term liabilities (CN¥142.9B).
Debt to Equity History and Analysis
Debt Level: 000100's net debt to equity ratio (88.5%) is considered high.
Reducing Debt: 000100's debt to equity ratio has increased from 102.5% to 128.7% over the past 5 years.
Debt Coverage: 000100's debt is not well covered by operating cash flow (17.7%).
Interest Coverage: 000100's interest payments on its debt are not well covered by EBIT (0.2x coverage).