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
Here's Why Techtronic Industries (HKG:669) Can Manage Its Debt Responsibly
Apr 09
Does Techtronic Industries (HKG:669) Have A Healthy Balance Sheet?
Sep 21Does Techtronic Industries (HKG:669) Have A Healthy Balance Sheet?
Jun 19Techtronic Industries (HKG:669) Has A Somewhat Strained Balance Sheet
Mar 13We Think Techtronic Industries (HKG:669) Can Stay On Top Of Its Debt
Dec 05Techtronic Industries (HKG:669) Seems To Use Debt Quite Sensibly
Aug 23Recent updates
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 01Techtronic Industries Company Limited's (HKG:669) Share Price Not Quite Adding Up
Dec 19Estimating The Intrinsic Value Of Techtronic Industries Company Limited (HKG:669)
Nov 13Investors Met With Slowing Returns on Capital At Techtronic Industries (HKG:669)
Nov 01Does Techtronic Industries (HKG:669) Have A Healthy Balance Sheet?
Sep 21Should You Investigate Techtronic Industries Company Limited (HKG:669) At HK$75.80?
Sep 08Techtronic Industries' (HKG:669) Dividend Will Be $0.95
Aug 25The Returns At Techtronic Industries (HKG:669) Aren't Growing
Jul 14Does Techtronic Industries (HKG:669) Have A Healthy Balance Sheet?
Jun 19What Is Techtronic Industries Company Limited's (HKG:669) Share Price Doing?
May 25Techtronic Industries' (HKG:669) Dividend Will Be Reduced To $0.90
May 14Estimating The Fair Value Of Techtronic Industries Company Limited (HKG:669)
May 03Techtronic Industries (HKG:669) Has A Somewhat Strained Balance Sheet
Mar 13Does Techtronic Industries (HKG:669) Deserve A Spot On Your Watchlist?
Feb 13At HK$99.20, Is It Time To Put Techtronic Industries Company Limited (HKG:669) On Your Watch List?
Jan 30Techtronic Industries (HKG:669) Might Have The Makings Of A Multi-Bagger
Jan 02We Think Techtronic Industries (HKG:669) Can Stay On Top Of Its Debt
Dec 05Do Techtronic Industries' (HKG:669) Earnings Warrant Your Attention?
Nov 10What Does Techtronic Industries Company Limited's (HKG:669) Share Price Indicate?
Oct 30A Look At The Intrinsic Value Of Techtronic Industries Company Limited (HKG:669)
Oct 18Techtronic Industries (HKG:669) Is Experiencing Growth In Returns On Capital
Sep 04Techtronic Industries (HKG:669) Seems To Use Debt Quite Sensibly
Aug 23Techtronic Industries (HKG:669) Is Paying Out A Larger Dividend Than Last Year
Aug 12Does Techtronic Industries (HKG:669) Deserve A Spot On Your Watchlist?
Jul 26Is It Too Late To Consider Buying Techtronic Industries Company Limited (HKG:669)?
Jul 14Techtronic Industries Company Limited's (HKG:669) Intrinsic Value Is Potentially 97% Above Its Share Price
Jun 20Techtronic Industries (HKG:669) Is Looking To Continue Growing Its Returns On Capital
May 19Techtronic Industries' (HKG:669) Upcoming Dividend Will Be Larger Than Last Year's
May 08Financial 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).