Tycoon Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Tycoon Group Holdings has a total shareholder equity of HK$543.5M and total debt of HK$189.0M, which brings its debt-to-equity ratio to 34.8%. Its total assets and total liabilities are HK$989.0M and HK$445.4M respectively. Tycoon Group Holdings's EBIT is HK$130.3M making its interest coverage ratio 6.5. It has cash and short-term investments of HK$39.1M.
Key information
34.8%
Debt to equity ratio
HK$189.03m
Debt
| Interest coverage ratio | 6.5x |
| Cash | HK$39.10m |
| Equity | HK$543.55m |
| Total liabilities | HK$445.41m |
| Total assets | HK$988.95m |
Recent financial health updates
Recent updates
Tycoon Group Holdings' (HKG:3390) Dividend Will Be HK$0.035
Apr 28
Tycoon Group Holdings (HKG:3390) Has Announced A Dividend Of HK$0.035
Apr 14Tycoon Group Holdings (HKG:3390) Has Announced A Dividend Of HK$0.035
Mar 31Tycoon Group Holdings Limited's (HKG:3390) 27% Jump Shows Its Popularity With Investors
Jan 31Here's What's Concerning About Tycoon Group Holdings' (HKG:3390) Returns On Capital
May 30Tycoon Group Holdings (HKG:3390) Is Making Moderate Use Of Debt
Mar 29Here's What Tycoon Group Holdings Limited's (HKG:3390) Shareholder Ownership Structure Looks Like
Dec 21Financial Position Analysis
Short Term Liabilities: 3390's short term assets (HK$666.6M) exceed its short term liabilities (HK$433.1M).
Long Term Liabilities: 3390's short term assets (HK$666.6M) exceed its long term liabilities (HK$12.3M).
Debt to Equity History and Analysis
Debt Level: 3390's net debt to equity ratio (27.6%) is considered satisfactory.
Reducing Debt: 3390's debt to equity ratio has reduced from 153.7% to 34.8% over the past 5 years.
Debt Coverage: 3390's debt is not well covered by operating cash flow (6.3%).
Interest Coverage: 3390's interest payments on its debt are well covered by EBIT (6.5x coverage).