Truly International Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Truly International Holdings has a total shareholder equity of HK$9.8B and total debt of HK$6.7B, which brings its debt-to-equity ratio to 68%. Its total assets and total liabilities are HK$24.5B and HK$14.7B respectively. Truly International Holdings's EBIT is HK$554.2M making its interest coverage ratio 1.5. It has cash and short-term investments of HK$802.3M.
Key information
68.0%
Debt to equity ratio
HK$6.68b
Debt
Interest coverage ratio | 1.5x |
Cash | HK$802.29m |
Equity | HK$9.82b |
Total liabilities | HK$14.68b |
Total assets | HK$24.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TYU2's short term assets (HK$8.8B) do not cover its short term liabilities (HK$12.9B).
Long Term Liabilities: TYU2's short term assets (HK$8.8B) exceed its long term liabilities (HK$1.8B).
Debt to Equity History and Analysis
Debt Level: TYU2's net debt to equity ratio (59.8%) is considered high.
Reducing Debt: TYU2's debt to equity ratio has reduced from 97.5% to 68% over the past 5 years.
Debt Coverage: TYU2's debt is well covered by operating cash flow (79.1%).
Interest Coverage: TYU2's interest payments on its debt are not well covered by EBIT (1.5x coverage).