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$13.0M making its interest coverage ratio 12.5. It has cash and short-term investments of HK$73.8M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | 12.5x |
| Cash | HK$73.77m |
| 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
There'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.