TCL Technology Group Balance Sheet Health
Financial Health criteria checks 1/6
TCL Technology Group has a total shareholder equity of CN¥145.3B and total debt of CN¥167.9B, which brings its debt-to-equity ratio to 115.5%. Its total assets and total liabilities are CN¥391.7B and CN¥246.4B respectively. TCL Technology Group's EBIT is CN¥6.0B making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥47.6B.
Key information
115.5%
Debt to equity ratio
CN¥167.89b
Debt
| Interest coverage ratio | 2.7x |
| Cash | CN¥47.63b |
| Equity | CN¥145.35b |
| Total liabilities | CN¥246.40b |
| Total assets | CN¥391.75b |
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
Does 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¥111.1B) exceed its short term liabilities (CN¥104.1B).
Long Term Liabilities: 000100's short term assets (CN¥111.1B) do not cover its long term liabilities (CN¥142.3B).
Debt to Equity History and Analysis
Debt Level: 000100's net debt to equity ratio (82.7%) is considered high.
Reducing Debt: 000100's debt to equity ratio has increased from 110.8% to 115.5% over the past 5 years.
Debt Coverage: 000100's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: 000100's interest payments on its debt are not well covered by EBIT (2.7x coverage).