Tak Lee Machinery Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Tak Lee Machinery Holdings has a total shareholder equity of HK$443.7M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$491.7M and HK$48.0M respectively. Tak Lee Machinery Holdings's EBIT is HK$13.5M making its interest coverage ratio 13. It has cash and short-term investments of HK$74.0M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | 13x |
| Cash | HK$74.01m |
| Equity | HK$443.73m |
| Total liabilities | HK$47.97m |
| Total assets | HK$491.70m |
Recent financial health updates
Does Tak Lee Machinery Holdings (HKG:2102) Have A Healthy Balance Sheet?
Apr 08
Does Tak Lee Machinery Holdings (HKG:2102) Have A Healthy Balance Sheet?
Oct 25Here's Why Tak Lee Machinery Holdings (HKG:2102) Can Manage Its Debt Responsibly
Mar 30Recent updates
We Discuss Why Tak Lee Machinery Holdings Limited's (HKG:2102) CEO Compensation May Be Closely Reviewed
Nov 19There's Reason For Concern Over Tak Lee Machinery Holdings Limited's (HKG:2102) Massive 41% Price Jump
Nov 01Tak Lee Machinery Holdings' (HKG:2102) Anemic Earnings Might Be Worse Than You Think
Apr 12Does Tak Lee Machinery Holdings (HKG:2102) Have A Healthy Balance Sheet?
Apr 08Tak Lee Machinery Holdings Limited's (HKG:2102) CEO Might Not Expect Shareholders To Be So Generous This Year
Nov 22Here's What's Concerning About Tak Lee Machinery Holdings' (HKG:2102) Returns On Capital
Aug 22Tak Lee Machinery Holdings (HKG:2102) May Have Issues Allocating Its Capital
May 17Tak Lee Machinery Holdings (HKG:2102) Will Be Hoping To Turn Its Returns On Capital Around
Dec 15Tak Lee Machinery Holdings' (HKG:2102) Solid Earnings Have Been Accounted For Conservatively
Nov 10Does Tak Lee Machinery Holdings (HKG:2102) Have A Healthy Balance Sheet?
Oct 25Returns At Tak Lee Machinery Holdings (HKG:2102) Appear To Be Weighed Down
Aug 25Here's What To Make Of Tak Lee Machinery Holdings' (HKG:2102) Decelerating Rates Of Return
May 04Here's Why Tak Lee Machinery Holdings (HKG:2102) Can Manage Its Debt Responsibly
Mar 30How Does Tak Lee Machinery Holdings' (HKG:2102) CEO Salary Compare to Peers?
Feb 23Our Take On The Returns On Capital At Tak Lee Machinery Holdings (HKG:2102)
Jan 06What Can We Conclude About Tak Lee Machinery Holdings' (HKG:2102) CEO Pay?
Nov 25
Financial Position Analysis
Short Term Liabilities: 2102's short term assets (HK$306.6M) exceed its short term liabilities (HK$24.3M).
Long Term Liabilities: 2102's short term assets (HK$306.6M) exceed its long term liabilities (HK$23.7M).
Debt to Equity History and Analysis
Debt Level: 2102 is debt free.
Reducing Debt: 2102 has no debt compared to 5 years ago when its debt to equity ratio was 36.7%.
Debt Coverage: 2102 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2102 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:13 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/07/31 |
| Annual Earnings | 2024/07/31 |
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
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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
Tak Lee Machinery Holdings 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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