Time Interconnect Technology Limited

SEHK:1729 Stock Report

Market Cap: HK$9.4b

Time Interconnect Technology Balance Sheet Health

Financial Health criteria checks 4/6

Time Interconnect Technology has a total shareholder equity of HK$1.6B and total debt of HK$2.4B, which brings its debt-to-equity ratio to 151.1%. Its total assets and total liabilities are HK$5.5B and HK$4.0B respectively. Time Interconnect Technology's EBIT is HK$583.3M making its interest coverage ratio 10.4. It has cash and short-term investments of HK$1.1B.

Key information

151.1%

Debt to equity ratio

HK$2.36b

Debt

Interest coverage ratio10.4x
CashHK$1.06b
EquityHK$1.56b
Total liabilitiesHK$3.96b
Total assetsHK$5.52b

Recent financial health updates

Recent updates

Is Time Interconnect Technology (HKG:1729) A Risky Investment?

Nov 04
Is Time Interconnect Technology (HKG:1729) A Risky Investment?

Market Participants Recognise Time Interconnect Technology Limited's (HKG:1729) Earnings Pushing Shares 34% Higher

Oct 07
Market Participants Recognise Time Interconnect Technology Limited's (HKG:1729) Earnings Pushing Shares 34% Higher

A Look Into Time Interconnect Technology's (HKG:1729) Impressive Returns On Capital

Aug 08
A Look Into Time Interconnect Technology's (HKG:1729) Impressive Returns On Capital

Subdued Growth No Barrier To Time Interconnect Technology Limited (HKG:1729) With Shares Advancing 27%

Jun 10
Subdued Growth No Barrier To Time Interconnect Technology Limited (HKG:1729) With Shares Advancing 27%

Shareholders May Be More Conservative With Time Interconnect Technology Limited's (HKG:1729) CEO Compensation For Now

May 22
Shareholders May Be More Conservative With Time Interconnect Technology Limited's (HKG:1729) CEO Compensation For Now

We Think Time Interconnect Technology's (HKG:1729) Profit Is Only A Baseline For What They Can Achieve

May 06
We Think Time Interconnect Technology's (HKG:1729) Profit Is Only A Baseline For What They Can Achieve

Some Confidence Is Lacking In Time Interconnect Technology Limited's (HKG:1729) P/E

Mar 26
Some Confidence Is Lacking In Time Interconnect Technology Limited's (HKG:1729) P/E

Is Time Interconnect Technology (HKG:1729) Using Too Much Debt?

Jan 31
Is Time Interconnect Technology (HKG:1729) Using Too Much Debt?

Calculating The Intrinsic Value Of Time Interconnect Technology Limited (HKG:1729)

Nov 23
Calculating The Intrinsic Value Of Time Interconnect Technology Limited (HKG:1729)

Time Interconnect Technology (HKG:1729) Seems To Use Debt Quite Sensibly

Sep 09
Time Interconnect Technology (HKG:1729) Seems To Use Debt Quite Sensibly

We Think Some Shareholders May Hesitate To Increase Time Interconnect Technology Limited's (HKG:1729) CEO Compensation

Aug 16
We Think Some Shareholders May Hesitate To Increase Time Interconnect Technology Limited's (HKG:1729) CEO Compensation

Estimating The Intrinsic Value Of Time Interconnect Technology Limited (HKG:1729)

May 25
Estimating The Intrinsic Value Of Time Interconnect Technology Limited (HKG:1729)

Is Now The Time To Put Time Interconnect Technology (HKG:1729) On Your Watchlist?

Feb 26
Is Now The Time To Put Time Interconnect Technology (HKG:1729) On Your Watchlist?

Here's What To Make Of Time Interconnect Technology's (HKG:1729) Returns On Capital

Feb 05
Here's What To Make Of Time Interconnect Technology's (HKG:1729) Returns On Capital

Here's Why Time Interconnect Technology (HKG:1729) Has A Meaningful Debt Burden

Jan 15
Here's Why Time Interconnect Technology (HKG:1729) Has A Meaningful Debt Burden

Time Interconnect Technology's (HKG:1729) Stock Price Has Reduced 20% In The Past Year

Dec 12
Time Interconnect Technology's (HKG:1729) Stock Price Has Reduced 20% In The Past Year

Financial Position Analysis

Short Term Liabilities: 1729's short term assets (HK$4.3B) exceed its short term liabilities (HK$3.3B).

Long Term Liabilities: 1729's short term assets (HK$4.3B) exceed its long term liabilities (HK$677.1M).


Debt to Equity History and Analysis

Debt Level: 1729's net debt to equity ratio (83.3%) is considered high.

Reducing Debt: 1729's debt to equity ratio has increased from 11.5% to 151.1% over the past 5 years.

Debt Coverage: 1729's debt is well covered by operating cash flow (95.6%).

Interest Coverage: 1729's interest payments on its debt are well covered by EBIT (10.4x coverage).


Balance Sheet


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