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 ratio | 10.4x |
| Cash | HK$1.06b |
| Equity | HK$1.56b |
| Total liabilities | HK$3.96b |
| Total assets | HK$5.52b |
Recent financial health updates
Is Time Interconnect Technology (HKG:1729) Using Too Much Debt?
Jan 31
Time 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
Market 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$4.3B) 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).