Time Interconnect Technology Balance Sheet Health
Financial Health criteria checks 4/6
Time Interconnect Technology has a total shareholder equity of HK$1.4B and total debt of HK$2.9B, which brings its debt-to-equity ratio to 212.5%. Its total assets and total liabilities are HK$6.2B and HK$4.8B respectively. Time Interconnect Technology's EBIT is HK$548.8M making its interest coverage ratio 9. It has cash and short-term investments of HK$378.3M.
Key information
212.5%
Debt to equity ratio
HK$2.92b
Debt
| Interest coverage ratio | 9x |
| Cash | HK$378.35m |
| Equity | HK$1.37b |
| Total liabilities | HK$4.79b |
| Total assets | HK$6.16b |
Recent financial health updates
Is Time Interconnect Technology (HKG:1729) A Risky Investment?
Nov 04
Is Time Interconnect Technology (HKG:1729) Using Too Much Debt?
Jan 31Time Interconnect Technology (HKG:1729) Seems To Use Debt Quite Sensibly
Sep 09Here's Why Time Interconnect Technology (HKG:1729) Has A Meaningful Debt Burden
Jan 15
Recent updates
Time Interconnect Technology (HKG:1729) Knows How To Allocate Capital
Nov 26Is Time Interconnect Technology (HKG:1729) A Risky Investment?
Nov 04Market Participants Recognise Time Interconnect Technology Limited's (HKG:1729) Earnings Pushing Shares 34% Higher
Oct 07A Look Into Time Interconnect Technology's (HKG:1729) Impressive Returns On Capital
Aug 08Subdued Growth No Barrier To Time Interconnect Technology Limited (HKG:1729) With Shares Advancing 27%
Jun 10Shareholders May Be More Conservative With Time Interconnect Technology Limited's (HKG:1729) CEO Compensation For Now
May 22We Think Time Interconnect Technology's (HKG:1729) Profit Is Only A Baseline For What They Can Achieve
May 06Some Confidence Is Lacking In Time Interconnect Technology Limited's (HKG:1729) P/E
Mar 26Is Time Interconnect Technology (HKG:1729) Using Too Much Debt?
Jan 31Calculating The Intrinsic Value Of Time Interconnect Technology Limited (HKG:1729)
Nov 23Time Interconnect Technology (HKG:1729) Seems To Use Debt Quite Sensibly
Sep 09We Think Some Shareholders May Hesitate To Increase Time Interconnect Technology Limited's (HKG:1729) CEO Compensation
Aug 16Estimating The Intrinsic Value Of Time Interconnect Technology Limited (HKG:1729)
May 25Is Now The Time To Put Time Interconnect Technology (HKG:1729) On Your Watchlist?
Feb 26Here's What To Make Of Time Interconnect Technology's (HKG:1729) Returns On Capital
Feb 05Here's Why Time Interconnect Technology (HKG:1729) Has A Meaningful Debt Burden
Jan 15Time Interconnect Technology's (HKG:1729) Stock Price Has Reduced 20% In The Past Year
Dec 12Financial Position Analysis
Short Term Liabilities: 1729's short term assets (HK$4.9B) exceed its short term liabilities (HK$4.1B).
Long Term Liabilities: 1729's short term assets (HK$4.9B) exceed its long term liabilities (HK$714.4M).
Debt to Equity History and Analysis
Debt Level: 1729's net debt to equity ratio (184.9%) is considered high.
Reducing Debt: 1729's debt to equity ratio has increased from 9% to 212.5% over the past 5 years.
Debt Coverage: 1729's debt is well covered by operating cash flow (46.6%).
Interest Coverage: 1729's interest payments on its debt are well covered by EBIT (9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/22 14:14 |
| End of Day Share Price | 2025/01/22 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Time Interconnect Technology Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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