Television Broadcasts Balance Sheet Health
Financial Health criteria checks 2/6
Television Broadcasts has a total shareholder equity of HK$2.5B and total debt of HK$2.2B, which brings its debt-to-equity ratio to 88.3%. Its total assets and total liabilities are HK$5.9B and HK$3.4B respectively.
Key information
88.3%
Debt to equity ratio
HK$2.23b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$675.87m |
| Equity | HK$2.53b |
| Total liabilities | HK$3.38b |
| Total assets | HK$5.91b |
Recent financial health updates
Health Check: How Prudently Does Television Broadcasts (HKG:511) Use Debt?
Sep 11
Television Broadcasts (HKG:511) Is Making Moderate Use Of Debt
May 09Television Broadcasts (HKG:511) Is Making Moderate Use Of Debt
Nov 17Television Broadcasts (HKG:511) Is Making Moderate Use Of Debt
Mar 25Is Television Broadcasts (HKG:511) Using Too Much Debt?
Nov 22
Recent updates
Optimistic Investors Push Television Broadcasts Limited (HKG:511) Shares Up 28% But Growth Is Lacking
May 13A Look At The Intrinsic Value Of Television Broadcasts Limited (HKG:511)
Mar 12Television Broadcasts Limited's (HKG:511) Shares May Have Run Too Fast Too Soon
Jan 08Why Television Broadcasts Limited (HKG:511) Could Be Worth Watching
Oct 27Health Check: How Prudently Does Television Broadcasts (HKG:511) Use Debt?
Sep 11Television Broadcasts (HKG:511) Is Making Moderate Use Of Debt
May 09Television Broadcasts (HKG:511) Is Making Moderate Use Of Debt
Nov 17Television Broadcasts (HKG:511) Is Making Moderate Use Of Debt
Mar 25How Many Television Broadcasts Limited (HKG:511) Shares Do Institutions Own?
Feb 11A Look At Television Broadcasts' (HKG:511) Share Price Returns
Dec 21Is Television Broadcasts (HKG:511) Using Too Much Debt?
Nov 22Financial Position Analysis
Short Term Liabilities: 511's short term assets (HK$3.6B) exceed its short term liabilities (HK$3.2B).
Long Term Liabilities: 511's short term assets (HK$3.6B) exceed its long term liabilities (HK$217.2M).
Debt to Equity History and Analysis
Debt Level: 511's net debt to equity ratio (61.6%) is considered high.
Reducing Debt: 511's debt to equity ratio has increased from 41.1% to 88.3% over the past 5 years.
Debt Coverage: 511's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 511's interest payments on its debt are well covered by EBIT.