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$713.2M, which brings its debt-to-equity ratio to 52.5%. Its total assets and total liabilities are HK$2.2B and HK$882.0M respectively. TIL Enviro's EBIT is HK$121.9M making its interest coverage ratio 3.9. It has cash and short-term investments of HK$90.0M.
Key information
52.5%
Debt to equity ratio
HK$713.16m
Debt
| Interest coverage ratio | 3.9x |
| Cash | HK$89.97m |
| Equity | HK$1.36b |
| Total liabilities | HK$882.02m |
| Total assets | HK$2.24b |
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
Here'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$914.8M) exceed its short term liabilities (HK$305.0M).
Long Term Liabilities: 1790's short term assets (HK$914.8M) exceed its long term liabilities (HK$577.1M).
Debt to Equity History and Analysis
Debt Level: 1790's net debt to equity ratio (45.8%) is considered high.
Reducing Debt: 1790's debt to equity ratio has reduced from 78.7% to 52.5% over the past 5 years.
Debt Coverage: 1790's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: 1790's interest payments on its debt are well covered by EBIT (3.9x coverage).