Thelloy Development Group Balance Sheet Health
Financial Health criteria checks 4/6
Thelloy Development Group has a total shareholder equity of HK$161.6M and total debt of HK$60.0M, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are HK$304.6M and HK$142.9M respectively. Thelloy Development Group's EBIT is HK$14.6M making its interest coverage ratio 4.4. It has cash and short-term investments of HK$30.3M.
Key information
37.1%
Debt to equity ratio
HK$60.00m
Debt
| Interest coverage ratio | 4.4x |
| Cash | HK$30.31m |
| Equity | HK$161.64m |
| Total liabilities | HK$142.91m |
| Total assets | HK$304.55m |
Recent financial health updates
We Think Thelloy Development Group (HKG:1546) Is Taking Some Risk With Its Debt
Mar 07
Is Thelloy Development Group (HKG:1546) Using Too Much Debt?
Nov 24Thelloy Development Group (HKG:1546) Takes On Some Risk With Its Use Of Debt
Jan 05Is Thelloy Development Group (HKG:1546) Using Too Much Debt?
Jun 29Thelloy Development Group (HKG:1546) Has Debt But No Earnings; Should You Worry?
Jul 16Recent updates
Further Upside For Thelloy Development Group Limited (HKG:1546) Shares Could Introduce Price Risks After 28% Bounce
Apr 17We Think Thelloy Development Group (HKG:1546) Is Taking Some Risk With Its Debt
Mar 07It's A Story Of Risk Vs Reward With Thelloy Development Group Limited (HKG:1546)
Jan 16Is Thelloy Development Group (HKG:1546) Using Too Much Debt?
Nov 24Thelloy Development Group (HKG:1546) May Have Issues Allocating Its Capital
Jul 06Be Wary Of Thelloy Development Group (HKG:1546) And Its Returns On Capital
Mar 27Thelloy Development Group (HKG:1546) Takes On Some Risk With Its Use Of Debt
Jan 05Thelloy Development Group (HKG:1546) Will Be Hoping To Turn Its Returns On Capital Around
Nov 30Thelloy Development Group (HKG:1546) Will Want To Turn Around Its Return Trends
Aug 10Is Thelloy Development Group (HKG:1546) Using Too Much Debt?
Jun 29Should Shareholders Reconsider Thelloy Development Group Limited's (HKG:1546) CEO Compensation Package?
Aug 06Thelloy Development Group (HKG:1546) Has Debt But No Earnings; Should You Worry?
Jul 16Do Its Financials Have Any Role To Play In Driving Thelloy Development Group Limited's (HKG:1546) Stock Up Recently?
Mar 08Declining Stock and Solid Fundamentals: Is The Market Wrong About Thelloy Development Group Limited (HKG:1546)?
Nov 23Financial Position Analysis
Short Term Liabilities: 1546's short term assets (HK$110.3M) do not cover its short term liabilities (HK$141.5M).
Long Term Liabilities: 1546's short term assets (HK$110.3M) exceed its long term liabilities (HK$1.4M).
Debt to Equity History and Analysis
Debt Level: 1546's net debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: 1546's debt to equity ratio has increased from 0% to 37.1% over the past 5 years.
Debt Coverage: 1546's debt is well covered by operating cash flow (64.2%).
Interest Coverage: 1546's interest payments on its debt are well covered by EBIT (4.4x coverage).