Time Watch Investments Balance Sheet Health
Financial Health criteria checks 6/6
Time Watch Investments has a total shareholder equity of HK$2.3B and total debt of HK$15.6M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are HK$2.5B and HK$225.9M respectively. Time Watch Investments's EBIT is HK$20.2M making its interest coverage ratio -0.3. It has cash and short-term investments of HK$1.2B.
Key information
0.7%
Debt to equity ratio
HK$15.61m
Debt
| Interest coverage ratio | -0.3x |
| Cash | HK$1.23b |
| Equity | HK$2.32b |
| Total liabilities | HK$225.91m |
| Total assets | HK$2.55b |
Recent financial health updates
Is Time Watch Investments (HKG:2033) Using Debt Sensibly?
Oct 12
Time Watch Investments (HKG:2033) Has A Rock Solid Balance Sheet
Jun 06We Think Time Watch Investments (HKG:2033) Can Manage Its Debt With Ease
Oct 13Recent updates
Is Time Watch Investments (HKG:2033) Using Debt Sensibly?
Oct 12Time Watch Investments (HKG:2033) Has A Rock Solid Balance Sheet
Jun 06We Think Time Watch Investments (HKG:2033) Can Manage Its Debt With Ease
Oct 13Capital Allocation Trends At Time Watch Investments (HKG:2033) Aren't Ideal
Aug 26Time Watch Investments (HKG:2033) Is Reinvesting At Lower Rates Of Return
Apr 18Time Watch Investments' (HKG:2033) Shareholders Are Down 26% On Their Shares
Mar 19Do Institutions Own Time Watch Investments Limited (HKG:2033) Shares?
Feb 26Should You Use Time Watch Investments' (HKG:2033) Statutory Earnings To Analyse It?
Feb 05
Did Time Watch Investments Limited (HKG:2033) Insiders Buy Up More Shares?
Dec 29A Look At Time Watch Investments' (HKG:2033) Share Price Returns
Dec 11What Type Of Shareholders Make Up Time Watch Investments Limited's (HKG:2033) Share Registry?
Nov 24Financial Position Analysis
Short Term Liabilities: 2033's short term assets (HK$1.7B) exceed its short term liabilities (HK$154.0M).
Long Term Liabilities: 2033's short term assets (HK$1.7B) exceed its long term liabilities (HK$71.9M).
Debt to Equity History and Analysis
Debt Level: 2033 has more cash than its total debt.
Reducing Debt: 2033's debt to equity ratio has reduced from 22.9% to 0.7% over the past 5 years.
Debt Coverage: 2033's debt is well covered by operating cash flow (973.3%).
Interest Coverage: 2033 earns more interest than it pays, so coverage of interest payments is not a concern.