TCL Electronics Holdings Balance Sheet Health
Financial Health criteria checks 5/6
TCL Electronics Holdings has a total shareholder equity of HK$17.1B and total debt of HK$6.7B, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are HK$71.3B and HK$54.1B respectively. TCL Electronics Holdings's EBIT is HK$691.2M making its interest coverage ratio 3.8. It has cash and short-term investments of HK$10.4B.
Key information
38.8%
Debt to equity ratio
HK$6.65b
Debt
Interest coverage ratio | 3.8x |
Cash | HK$10.39b |
Equity | HK$17.14b |
Total liabilities | HK$54.12b |
Total assets | HK$71.27b |
Recent financial health updates
TCL Electronics Holdings (HKG:1070) Takes On Some Risk With Its Use Of Debt
Sep 19Is TCL Electronics Holdings (HKG:1070) Weighed On By Its Debt Load?
Oct 27Does TCL Electronics Holdings (HKG:1070) Have A Healthy Balance Sheet?
Apr 17Is TCL Electronics Holdings (HKG:1070) Using Debt Sensibly?
Dec 19Is TCL Electronics Holdings (HKG:1070) Using Too Much Debt?
Sep 16Recent updates
Estimating The Intrinsic Value Of TCL Electronics Holdings Limited (HKG:1070)
Nov 11Investors Appear Satisfied With TCL Electronics Holdings Limited's (HKG:1070) Prospects As Shares Rocket 27%
Sep 27TCL Electronics Holdings (HKG:1070) Takes On Some Risk With Its Use Of Debt
Sep 19Getting In Cheap On TCL Electronics Holdings Limited (HKG:1070) Might Be Difficult
Jul 29Be Wary Of TCL Electronics Holdings (HKG:1070) And Its Returns On Capital
May 29Here's Why Shareholders May Want To Be Cautious With Increasing TCL Electronics Holdings Limited's (HKG:1070) CEO Pay Packet
May 13There May Be Underlying Issues With The Quality Of TCL Electronics Holdings' (HKG:1070) Earnings
May 03Investors Appear Satisfied With TCL Electronics Holdings Limited's (HKG:1070) Prospects As Shares Rocket 72%
Apr 24What Is TCL Electronics Holdings Limited's (HKG:1070) Share Price Doing?
Mar 29With TCL Electronics Holdings Limited (HKG:1070) It Looks Like You'll Get What You Pay For
Feb 27Is There Now An Opportunity In TCL Electronics Holdings Limited (HKG:1070)?
Dec 05Is TCL Electronics Holdings (HKG:1070) Weighed On By Its Debt Load?
Oct 27Is Now An Opportune Moment To Examine TCL Electronics Holdings Limited (HKG:1070)?
Aug 24TCL Electronics Holdings (HKG:1070) Has Announced That Its Dividend Will Be Reduced To HK$0.127
Jul 03TCL Electronics Holdings (HKG:1070) Will Pay A Smaller Dividend Than Last Year
Jun 19TCL Electronics Holdings (HKG:1070) Has Announced That Its Dividend Will Be Reduced To HK$0.127
Jun 02Is TCL Electronics Holdings Limited (HKG:1070) Potentially Undervalued?
May 24Does TCL Electronics Holdings (HKG:1070) Have A Healthy Balance Sheet?
Apr 17Is TCL Electronics Holdings (HKG:1070) Using Debt Sensibly?
Dec 19What Does TCL Electronics Holdings Limited's (HKG:1070) Share Price Indicate?
Nov 11Is TCL Electronics Holdings (HKG:1070) Using Too Much Debt?
Sep 16Is There Now An Opportunity In TCL Electronics Holdings Limited (HKG:1070)?
Jul 20Why TCL Electronics Holdings' (HKG:1070) Shaky Earnings Are Just The Beginning Of Its Problems
May 03Financial Position Analysis
Short Term Liabilities: 1070's short term assets (HK$60.2B) exceed its short term liabilities (HK$52.6B).
Long Term Liabilities: 1070's short term assets (HK$60.2B) exceed its long term liabilities (HK$1.5B).
Debt to Equity History and Analysis
Debt Level: 1070 has more cash than its total debt.
Reducing Debt: 1070's debt to equity ratio has increased from 7.6% to 38.8% over the past 5 years.
Debt Coverage: 1070's debt is well covered by operating cash flow (29.5%).
Interest Coverage: 1070's interest payments on its debt are well covered by EBIT (3.8x coverage).