Truly International Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Truly International Holdings has a total shareholder equity of HK$9.5B and total debt of HK$6.7B, which brings its debt-to-equity ratio to 70.2%. Its total assets and total liabilities are HK$25.8B and HK$16.3B respectively. Truly International Holdings's EBIT is HK$593.2M making its interest coverage ratio 1.6. It has cash and short-term investments of HK$1.3B.
Key information
70.2%
Debt to equity ratio
HK$6.68b
Debt
| Interest coverage ratio | 1.6x |
| Cash | HK$1.25b |
| Equity | HK$9.51b |
| Total liabilities | HK$16.26b |
| Total assets | HK$25.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TYU2's short term assets (HK$9.5B) do not cover its short term liabilities (HK$14.7B).
Long Term Liabilities: TYU2's short term assets (HK$9.5B) exceed its long term liabilities (HK$1.6B).
Debt to Equity History and Analysis
Debt Level: TYU2's net debt to equity ratio (57%) is considered high.
Reducing Debt: TYU2's debt to equity ratio has reduced from 78.4% to 70.2% over the past 5 years.
Debt Coverage: TYU2's debt is well covered by operating cash flow (113.7%).
Interest Coverage: TYU2's interest payments on its debt are not well covered by EBIT (1.6x coverage).