TK Group (Holdings) Balance Sheet Health
Financial Health criteria checks 6/6
TK Group (Holdings) has a total shareholder equity of HK$1.7B and total debt of HK$25.7M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are HK$2.5B and HK$766.4M respectively. TK Group (Holdings)'s EBIT is HK$225.5M making its interest coverage ratio -21.9. It has cash and short-term investments of HK$1.2B.
Key information
1.5%
Debt to equity ratio
HK$25.71m
Debt
| Interest coverage ratio | -21.9x |
| Cash | HK$1.16b |
| Equity | HK$1.69b |
| Total liabilities | HK$766.41m |
| Total assets | HK$2.45b |
Recent financial health updates
Recent updates
A Look At The Intrinsic Value Of TK Group (Holdings) Limited (HKG:2283)
Mar 22
There Are Reasons To Feel Uneasy About TK Group (Holdings)'s (HKG:2283) Returns On Capital
Dec 14TK Group (Holdings) (HKG:2283) Will Pay A Dividend Of HK$0.028
Aug 30TK Group (Holdings)'s (HKG:2283) Dividend Will Be Reduced To HK$0.028
Sep 04TK Group (Holdings) (HKG:2283) Might Be Having Difficulty Using Its Capital Effectively
Jul 27TK Group (Holdings)'s (HKG:2283) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 27TK Group (Holdings)'s (HKG:2283) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 30TK Group (Holdings) (HKG:2283) Has Announced That It Will Be Increasing Its Dividend To HK$0.054
Aug 19When Should You Buy TK Group (Holdings) Limited (HKG:2283)?
Jul 27Three Things You Should Check Before Buying TK Group (Holdings) Limited (HKG:2283) For Its Dividend
May 09What Does TK Group (Holdings) Limited's (HKG:2283) Share Price Indicate?
Apr 25TK Group (Holdings) (HKG:2283) Could Be Struggling To Allocate Capital
Apr 11TK Group (Holdings) (HKG:2283) Seems To Use Debt Quite Sensibly
Mar 29Did You Participate In Any Of TK Group (Holdings)'s (HKG:2283) Respectable 95% Return?
Mar 16TK Group (Holdings) Limited's (HKG:2283) Stock Is Going Strong: Is the Market Following Fundamentals?
Mar 03What You Need To Know About TK Group (Holdings) Limited's (HKG:2283) Investor Composition
Feb 18
We Think TK Group (Holdings)'s (HKG:2283) Statutory Profit Might Understate Its Earnings Potential
Feb 06Why TK Group (Holdings) Limited (HKG:2283) Is A Dividend Rockstar
Jan 25At HK$3.10, Is TK Group (Holdings) Limited (HKG:2283) Worth Looking At Closely?
Jan 13Is TK Group (Holdings) (HKG:2283) Likely To Turn Things Around?
Jan 01A Look At TK Group (Holdings)'s (HKG:2283) CEO Remuneration
Dec 20TK Group (Holdings)'s (HKG:2283) Stock Price Has Reduced 42% In The Past Three Years
Dec 09TK Group (Holdings) Limited's (HKG:2283) Stock Is Going Strong: Is the Market Following Fundamentals?
Nov 29A Quick Analysis On TK Group (Holdings)'s (HKG:2283) CEO Compensation
Jul 22Financial Position Analysis
Short Term Liabilities: 2283's short term assets (HK$1.9B) exceed its short term liabilities (HK$678.0M).
Long Term Liabilities: 2283's short term assets (HK$1.9B) exceed its long term liabilities (HK$88.4M).
Debt to Equity History and Analysis
Debt Level: 2283 has more cash than its total debt.
Reducing Debt: 2283's debt to equity ratio has reduced from 31.8% to 1.5% over the past 5 years.
Debt Coverage: 2283's debt is well covered by operating cash flow (1732.2%).
Interest Coverage: 2283 earns more interest than it pays, so coverage of interest payments is not a concern.