Taste Gourmet Group Balance Sheet Health
Financial Health criteria checks 4/6
Taste Gourmet Group has a total shareholder equity of HK$257.6M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$893.5M and HK$635.9M respectively. Taste Gourmet Group's EBIT is HK$115.3M making its interest coverage ratio 10.2. It has cash and short-term investments of HK$185.8M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | 10.2x |
| Cash | HK$185.77m |
| Equity | HK$257.58m |
| Total liabilities | HK$635.94m |
| Total assets | HK$893.52m |
Recent financial health updates
Here's Why Taste Gourmet Group (HKG:8371) Can Manage Its Debt Responsibly
Mar 03
Here's Why Taste Gourmet Group (HKG:8371) Has A Meaningful Debt Burden
Sep 20Recent updates
Taste Gourmet Group's (HKG:8371) Earnings Seem To Be Promising
Nov 30Taste Gourmet Group (HKG:8371) Will Be Hoping To Turn Its Returns On Capital Around
Oct 30Sentiment Still Eluding Taste Gourmet Group Limited (HKG:8371)
Sep 24Taste Gourmet Group Limited (HKG:8371) Might Not Be As Mispriced As It Looks
Dec 29Taste Gourmet Group (HKG:8371) Has Some Way To Go To Become A Multi-Bagger
Aug 25Taste Gourmet Group's (HKG:8371) Dividend Will Be Increased To HK$0.052
Jul 28Taste Gourmet Group (HKG:8371) Is Increasing Its Dividend To HK$0.052
Jul 12Taste Gourmet Group's (HKG:8371) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 28Taste Gourmet Group (HKG:8371) Is Increasing Its Dividend To HK$0.048
Nov 17Taste Gourmet Group (HKG:8371) Has Announced That Its Dividend Will Be Reduced To HK$0.016
Aug 02Taste Gourmet Group (HKG:8371) Has Announced That Its Dividend Will Be Reduced To HK$0.016
Jul 14Taste Gourmet Group's (HKG:8371) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 29Here's Why Taste Gourmet Group (HKG:8371) Can Manage Its Debt Responsibly
Mar 03Here's Why Taste Gourmet Group (HKG:8371) Has A Meaningful Debt Burden
Sep 20Taste Gourmet Group Limited (HKG:8371) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Feb 08
Here's What We Think About Taste Gourmet Group's (HKG:8371) CEO Pay
Jan 13Introducing Taste Gourmet Group (HKG:8371), A Stock That Climbed 65% In The Last Year
Dec 22We Think Taste Gourmet Group's (HKG:8371) Statutory Profit Might Understate Its Earnings Potential
Nov 17Financial Position Analysis
Short Term Liabilities: 8371's short term assets (HK$216.7M) do not cover its short term liabilities (HK$289.5M).
Long Term Liabilities: 8371's short term assets (HK$216.7M) do not cover its long term liabilities (HK$346.4M).
Debt to Equity History and Analysis
Debt Level: 8371 is debt free.
Reducing Debt: 8371 has no debt compared to 5 years ago when its debt to equity ratio was 2.3%.
Debt Coverage: 8371 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8371 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 10:01 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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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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
Taste Gourmet Group Limited is covered by 1 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 |
|---|---|
| Yukkei Lee | UOB Kay Hian Research Pte Ltd |