Tai Ping Carpets International Balance Sheet Health
Financial Health criteria checks 6/6
Tai Ping Carpets International has a total shareholder equity of HK$439.6M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$802.2M and HK$362.6M respectively. Tai Ping Carpets International's EBIT is HK$64.2M making its interest coverage ratio -74.4. It has cash and short-term investments of HK$222.0M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -74.4x |
| Cash | HK$221.96m |
| Equity | HK$439.64m |
| Total liabilities | HK$362.56m |
| Total assets | HK$802.19m |
Recent financial health updates
No updates
Recent updates
If EPS Growth Is Important To You, Tai Ping Carpets International (HKG:146) Presents An Opportunity
Apr 22
The Market Doesn't Like What It Sees From Tai Ping Carpets International Limited's (HKG:146) Earnings Yet
Jan 15Tai Ping Carpets International (HKG:146) Has Announced That It Will Be Increasing Its Dividend To HK$0.09
Dec 07Tai Ping Carpets International (HKG:146) Is Paying Out A Larger Dividend Than Last Year
Nov 01Is Now The Time To Put Tai Ping Carpets International (HKG:146) On Your Watchlist?
Sep 25Tai Ping Carpets International (HKG:146) Shareholders Will Want The ROCE Trajectory To Continue
Aug 17The Return Trends At Tai Ping Carpets International (HKG:146) Look Promising
May 18Tai Ping Carpets International (HKG:146) Shareholders Will Want The ROCE Trajectory To Continue
Feb 10The Market Doesn't Like What It Sees From Tai Ping Carpets International Limited's (HKG:146) Earnings Yet
Sep 20We Think Tai Ping Carpets International's (HKG:146) Healthy Earnings Might Be Conservative
Oct 13Tai Ping Carpets International (HKG:146) Has Compensated Shareholders With A 38% Return On Their Investment
Feb 10
How Should Investors React To Tai Ping Carpets International's (HKG:146) CEO Pay?
Nov 18Financial Position Analysis
Short Term Liabilities: 146's short term assets (HK$383.0M) exceed its short term liabilities (HK$267.6M).
Long Term Liabilities: 146's short term assets (HK$383.0M) exceed its long term liabilities (HK$94.9M).
Debt to Equity History and Analysis
Debt Level: 146 is debt free.
Reducing Debt: 146 had no debt 5 years ago.
Debt Coverage: 146 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 146 has no debt, therefore coverage of interest payments is not a concern.