Tristate Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Tristate Holdings has a total shareholder equity of HK$1.2B and total debt of HK$77.3M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are HK$3.1B and HK$1.9B respectively. Tristate Holdings's EBIT is HK$319.7M making its interest coverage ratio 5.6. It has cash and short-term investments of HK$182.8M.
Key information
6.6%
Debt to equity ratio
HK$77.34m
Debt
| Interest coverage ratio | 5.6x |
| Cash | HK$182.82m |
| Equity | HK$1.18b |
| Total liabilities | HK$1.90b |
| Total assets | HK$3.08b |
Recent financial health updates
Does Tristate Holdings (HKG:458) Have A Healthy Balance Sheet?
Oct 30
Tristate Holdings (HKG:458) Seems To Use Debt Quite Sensibly
Sep 22Is Tristate Holdings (HKG:458) Using Debt In A Risky Way?
Nov 22
Recent updates
Here's Why Shareholders May Want To Be Cautious With Increasing Tristate Holdings Limited's (HKG:458) CEO Pay Packet
Jun 17Tristate Holdings' (HKG:458) Earnings May Just Be The Starting Point
May 02Improved Earnings Required Before Tristate Holdings Limited (HKG:458) Stock's 31% Jump Looks Justified
Mar 10Is Now The Time To Put Tristate Holdings (HKG:458) On Your Watchlist?
Mar 06Does Tristate Holdings (HKG:458) Have A Healthy Balance Sheet?
Oct 30Calculating The Intrinsic Value Of Tristate Holdings Limited (HKG:458)
Aug 31Here's Why Tristate Holdings (HKG:458) Has Caught The Eye Of Investors
Aug 08Optimistic Investors Push Tristate Holdings Limited (HKG:458) Shares Up 56% But Growth Is Lacking
Aug 08Tristate Holdings (HKG:458) Is Looking To Continue Growing Its Returns On Capital
Jun 29We Like These Underlying Return On Capital Trends At Tristate Holdings (HKG:458)
Nov 18Statutory Profit Doesn't Reflect How Good Tristate Holdings' (HKG:458) Earnings Are
Sep 26Tristate Holdings (HKG:458) Seems To Use Debt Quite Sensibly
Sep 22Tristate Holdings (HKG:458) Might Have The Makings Of A Multi-Bagger
Mar 29Tristate Holdings' (HKG:458) Returns On Capital Are Heading Higher
Dec 06Is Tristate Holdings (HKG:458) Using Debt In A Risky Way?
Nov 22Financial Position Analysis
Short Term Liabilities: 458's short term assets (HK$1.8B) exceed its short term liabilities (HK$1.1B).
Long Term Liabilities: 458's short term assets (HK$1.8B) exceed its long term liabilities (HK$775.1M).
Debt to Equity History and Analysis
Debt Level: 458 has more cash than its total debt.
Reducing Debt: 458's debt to equity ratio has reduced from 9.8% to 6.6% over the past 5 years.
Debt Coverage: 458's debt is well covered by operating cash flow (228.2%).
Interest Coverage: 458's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 03:49 |
| End of Day Share Price | 2025/01/28 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tristate Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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