Tian Chang Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Tian Chang Group Holdings has a total shareholder equity of HK$782.8M and total debt of HK$65.0M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are HK$974.4M and HK$191.6M respectively. Tian Chang Group Holdings's EBIT is HK$17.1M making its interest coverage ratio 6.8. It has cash and short-term investments of HK$133.0M.
Key information
8.3%
Debt to equity ratio
HK$65.04m
Debt
| Interest coverage ratio | 6.8x |
| Cash | HK$133.03m |
| Equity | HK$782.76m |
| Total liabilities | HK$191.62m |
| Total assets | HK$974.38m |
Recent financial health updates
Is Tian Chang Group Holdings (HKG:2182) A Risky Investment?
Nov 01
Is Tian Chang Group Holdings (HKG:2182) Using Too Much Debt?
Nov 25Here's Why Tian Chang Group Holdings (HKG:2182) Has A Meaningful Debt Burden
Apr 07Recent updates
Tian Chang Group Holdings' (HKG:2182) Dividend Is Being Reduced To HK$0.015
May 31Tian Chang Group Holdings (HKG:2182) Has Announced That Its Dividend Will Be Reduced To HK$0.015
Apr 28Tian Chang Group Holdings (HKG:2182) Is Reducing Its Dividend To HK$0.015
Mar 31Return Trends At Tian Chang Group Holdings (HKG:2182) Aren't Appealing
Mar 26Tian Chang Group Holdings' (HKG:2182) Dividend Will Be HK$0.02
May 31Investors Met With Slowing Returns on Capital At Tian Chang Group Holdings (HKG:2182)
Mar 03Estimating The Fair Value Of Tian Chang Group Holdings Ltd. (HKG:2182)
Jan 13Is Tian Chang Group Holdings (HKG:2182) A Risky Investment?
Nov 01Tian Chang Group Holdings' (HKG:2182) Upcoming Dividend Will Be Larger Than Last Year's
May 31Tian Chang Group Holdings' (HKG:2182) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 29Tian Chang Group Holdings (HKG:2182) Has Announced That It Will Be Increasing Its Dividend To HK$0.02
Mar 31We Like These Underlying Return On Capital Trends At Tian Chang Group Holdings (HKG:2182)
Feb 28Is Tian Chang Group Holdings (HKG:2182) Using Too Much Debt?
Nov 25Does Tian Chang Group Holdings (HKG:2182) Deserve A Spot On Your Watchlist?
Sep 01Tian Chang Group Holdings (HKG:2182) Might Have The Makings Of A Multi-Bagger
Jul 09Here's Why Tian Chang Group Holdings (HKG:2182) Has A Meaningful Debt Burden
Apr 07Are Insiders Buying Tian Chang Group Holdings Ltd. (HKG:2182) Stock?
Jan 18We're Watching These Trends At Tian Chang Group Holdings (HKG:2182)
Nov 26
Financial Position Analysis
Short Term Liabilities: 2182's short term assets (HK$327.1M) exceed its short term liabilities (HK$173.7M).
Long Term Liabilities: 2182's short term assets (HK$327.1M) exceed its long term liabilities (HK$17.9M).
Debt to Equity History and Analysis
Debt Level: 2182 has more cash than its total debt.
Reducing Debt: 2182's debt to equity ratio has reduced from 38.2% to 8.3% over the past 5 years.
Debt Coverage: 2182's debt is well covered by operating cash flow (148%).
Interest Coverage: 2182's interest payments on its debt are well covered by EBIT (6.8x coverage).