TIL Enviro Balance Sheet Health
Financial Health criteria checks 4/6
TIL Enviro has a total shareholder equity of HK$1.4B and total debt of HK$660.4M, which brings its debt-to-equity ratio to 48%. Its total assets and total liabilities are HK$2.2B and HK$825.6M respectively. TIL Enviro's EBIT is HK$196.6M making its interest coverage ratio 6.8. It has cash and short-term investments of HK$50.0M.
Key information
48.0%
Debt to equity ratio
HK$660.37m
Debt
| Interest coverage ratio | 6.8x |
| Cash | HK$49.96m |
| Equity | HK$1.38b |
| Total liabilities | HK$825.58m |
| Total assets | HK$2.20b |
Recent financial health updates
Here's Why TIL Enviro (HKG:1790) Has A Meaningful Debt Burden
May 08
Is TIL Enviro (HKG:1790) Using Too Much Debt?
Apr 26Recent updates
Little Excitement Around TIL Enviro Limited's (HKG:1790) Earnings As Shares Take 26% Pounding
Sep 30We Like TIL Enviro's (HKG:1790) Earnings For More Than Just Statutory Profit
Sep 26TIL Enviro Limited's (HKG:1790) Shares Climb 34% But Its Business Is Yet to Catch Up
Aug 16Optimistic Investors Push TIL Enviro Limited (HKG:1790) Shares Up 34% But Growth Is Lacking
Aug 16Here's What's Concerning About TIL Enviro's (HKG:1790) Returns On Capital
Nov 20Here's Why TIL Enviro (HKG:1790) Has A Meaningful Debt Burden
May 08There Are Reasons To Feel Uneasy About TIL Enviro's (HKG:1790) Returns On Capital
Dec 28TIL Enviro (HKG:1790) Might Be Having Difficulty Using Its Capital Effectively
Sep 28TIL Enviro (HKG:1790) May Have Issues Allocating Its Capital
Jun 08TIL Enviro (HKG:1790) Could Be Struggling To Allocate Capital
May 31Is TIL Enviro (HKG:1790) Using Too Much Debt?
Apr 26Here's What To Make Of TIL Enviro's (HKG:1790) Returns On Capital
Feb 02Reflecting on TIL Enviro's (HKG:1790) Share Price Returns Over The Last Year
Dec 10
Financial Position Analysis
Short Term Liabilities: 1790's short term assets (HK$930.2M) exceed its short term liabilities (HK$282.6M).
Long Term Liabilities: 1790's short term assets (HK$930.2M) exceed its long term liabilities (HK$543.0M).
Debt to Equity History and Analysis
Debt Level: 1790's net debt to equity ratio (44.3%) is considered high.
Reducing Debt: 1790's debt to equity ratio has reduced from 78.2% to 48% over the past 5 years.
Debt Coverage: 1790's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1790's interest payments on its debt are well covered by EBIT (6.8x coverage).