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
No updates
Recent updates
Financial 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).