Tam Jai International Balance Sheet Health
Financial Health criteria checks 6/6
Tam Jai International has a total shareholder equity of HK$1.4B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$2.6B and HK$1.2B respectively. Tam Jai International's EBIT is HK$70.1M making its interest coverage ratio -2.9. It has cash and short-term investments of HK$1.4B.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -2.9x |
| Cash | HK$1.43b |
| Equity | HK$1.45b |
| Total liabilities | HK$1.15b |
| Total assets | HK$2.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 29S's short term assets (HK$1.5B) exceed its short term liabilities (HK$645.8M).
Long Term Liabilities: 29S's short term assets (HK$1.5B) exceed its long term liabilities (HK$505.2M).
Debt to Equity History and Analysis
Debt Level: 29S is debt free.
Reducing Debt: 29S has no debt compared to 5 years ago when its debt to equity ratio was 3.4%.
Debt Coverage: 29S has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 29S has no debt, therefore coverage of interest payments is not a concern.