Travel Expert (Asia) Enterprises Balance Sheet Health
Financial Health criteria checks 6/6
Travel Expert (Asia) Enterprises has a total shareholder equity of HK$61.3M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$141.6M and HK$80.3M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$91.16m |
| Equity | HK$61.26m |
| Total liabilities | HK$80.30m |
| Total assets | HK$141.56m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1235's short term assets (HK$125.9M) exceed its short term liabilities (HK$74.9M).
Long Term Liabilities: 1235's short term assets (HK$125.9M) exceed its long term liabilities (HK$5.4M).
Debt to Equity History and Analysis
Debt Level: 1235 is debt free.
Reducing Debt: 1235 has no debt compared to 5 years ago when its debt to equity ratio was 2.1%.
Debt Coverage: 1235 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1235 has no debt, therefore coverage of interest payments is not a concern.