Techtronic Industries Balance Sheet Health
Financial Health criteria checks 6/6
Techtronic Industries has a total shareholder equity of $6.3B and total debt of $1.8B, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are $13.1B and $6.9B respectively. Techtronic Industries's EBIT is $1.2B making its interest coverage ratio 19. It has cash and short-term investments of $1.4B.
Key information
28.8%
Debt to equity ratio
US$1.80b
Debt
| Interest coverage ratio | 19x |
| Cash | US$1.44b |
| Equity | US$6.25b |
| Total liabilities | US$6.87b |
| Total assets | US$13.12b |
Recent financial health updates
Recent updates
Is Techtronic Industries Company Limited (HKG:669) Trading At A 24% Discount?
Dec 12
At HK$114, Is It Time To Put Techtronic Industries Company Limited (HKG:669) On Your Watch List?
Nov 05Techtronic Industries Company Limited's (HKG:669) Share Price Not Quite Adding Up
Oct 15Techtronic Industries' (HKG:669) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 22Slowing Rates Of Return At Techtronic Industries (HKG:669) Leave Little Room For Excitement
Jun 23A Look At The Fair Value Of Techtronic Industries Company Limited (HKG:669)
Jun 06Techtronic Industries Company Limited's (HKG:669) CEO Compensation Is Looking A Bit Stretched At The Moment
May 03Techtronic Industries' (HKG:669) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 28Here's Why Techtronic Industries (HKG:669) Can Manage Its Debt Responsibly
Apr 09Investor Optimism Abounds Techtronic Industries Company Limited (HKG:669) But Growth Is Lacking
Mar 19Calculating The Fair Value Of Techtronic Industries Company Limited (HKG:669)
Feb 26Slowing Rates Of Return At Techtronic Industries (HKG:669) Leave Little Room For Excitement
Feb 12Should You Think About Buying Techtronic Industries Company Limited (HKG:669) Now?
Jan 01Financial Position Analysis
Short Term Liabilities: 669's short term assets ($7.9B) exceed its short term liabilities ($5.1B).
Long Term Liabilities: 669's short term assets ($7.9B) exceed its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: 669's net debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: 669's debt to equity ratio has reduced from 52.9% to 28.8% over the past 5 years.
Debt Coverage: 669's debt is well covered by operating cash flow (121.2%).
Interest Coverage: 669's interest payments on its debt are well covered by EBIT (19x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 15:35 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| 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
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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
Techtronic Industries Company Limited is covered by 29 analysts. 17 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 |
|---|---|
| Timothy Wojs | Baird |
| Michael Feniger | BofA Global Research |
| Aaron Ho | CFRA Equity Research |