TOM Group Balance Sheet Health
Financial Health criteria checks 2/6
TOM Group has a total shareholder equity of HK$-1.3B and total debt of HK$3.6B, which brings its debt-to-equity ratio to -282.7%. Its total assets and total liabilities are HK$3.0B and HK$4.3B respectively. TOM Group's EBIT is HK$252.0K making its interest coverage ratio 0. It has cash and short-term investments of HK$538.2M.
Key information
-282.7%
Debt to equity ratio
HK$3.65b
Debt
| Interest coverage ratio | 0.001x |
| Cash | HK$538.23m |
| Equity | -HK$1.29b |
| Total liabilities | HK$4.30b |
| Total assets | HK$3.01b |
Recent financial health updates
No updates
Recent updates
It's Unlikely That TOM Group Limited's (HKG:2383) CEO Will See A Huge Pay Rise This Year
May 02
TOM Group (HKG:2383) Is Looking To Continue Growing Its Returns On Capital
Mar 09We Think That There Are Some Issues For TOM Group (HKG:2383) Beyond Its Promising Earnings
Sep 01Returns Are Gaining Momentum At TOM Group (HKG:2383)
Jun 16TOM Group's (HKG:2383) Returns On Capital Are Heading Higher
Mar 16A Look At The Intrinsic Value Of TOM Group Limited (HKG:2383)
Dec 14A Look At TOM Group's (HKG:2383) Share Price Returns
Feb 11How Should Investors Feel About TOM Group's (HKG:2383) CEO Remuneration?
Dec 20
What Type Of Shareholders Make Up TOM Group Limited's (HKG:2383) Share Registry?
Nov 22Financial Position Analysis
Short Term Liabilities: 2383 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 2383 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 2383 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 2383's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 2383 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 2383 has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 3.7% each year.