Television Broadcasts Balance Sheet Health
Financial Health criteria checks 2/6
Television Broadcasts has a total shareholder equity of HK$2.5B and total debt of HK$2.2B, which brings its debt-to-equity ratio to 88.3%. Its total assets and total liabilities are HK$5.9B and HK$3.4B respectively.
Key information
88.3%
Debt to equity ratio
HK$2.23b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$675.87m |
| Equity | HK$2.53b |
| Total liabilities | HK$3.38b |
| Total assets | HK$5.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TBCN's short term assets (HK$3.6B) exceed its short term liabilities (HK$3.2B).
Long Term Liabilities: TBCN's short term assets (HK$3.6B) exceed its long term liabilities (HK$217.2M).
Debt to Equity History and Analysis
Debt Level: TBCN's net debt to equity ratio (61.6%) is considered high.
Reducing Debt: TBCN's debt to equity ratio has increased from 41.1% to 88.3% over the past 5 years.
Debt Coverage: TBCN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TBCN's interest payments on its debt are well covered by EBIT.