Tai Cheung Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Tai Cheung Holdings has a total shareholder equity of HK$6.4B and total debt of HK$23.2M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are HK$6.7B and HK$223.5M respectively.
Key information
0.4%
Debt to equity ratio
HK$23.20m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$1.26b |
| Equity | HK$6.44b |
| Total liabilities | HK$223.50m |
| Total assets | HK$6.66b |
Recent financial health updates
No updates
Recent updates
Tai Cheung Holdings Limited's (HKG:88) CEO Compensation Is Looking A Bit Stretched At The Moment
Aug 22
Tai Cheung Holdings' (HKG:88) Dividend Will Be HK$0.12
Aug 25Tai Cheung Holdings (HKG:88) Is Due To Pay A Dividend Of HK$0.12
Aug 02Tai Cheung Holdings (HKG:88) Will Pay A Dividend Of HK$0.12
Jul 19Tai Cheung Holdings (HKG:88) Is Paying Out A Dividend Of HK$0.12
Jul 02Tai Cheung Holdings (HKG:88) Has Announced A Dividend Of HK$0.12
Dec 02Tai Cheung Holdings' (HKG:88) Dividend Will Be HK$0.12
Dec 02We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Tai Cheung Holdings Limited's (HKG:88) CEO For Now
Aug 19Tai Cheung Holdings (HKG:88) Is Due To Pay A Dividend Of HK$0.12
Jul 01Trade Alert: The Chairman Of Tai Cheung Holdings Limited (HKG:88), Pun Chan, Has Just Spent HK$56k Buying A Few More Shares
Mar 20What Type Of Shareholders Make Up Tai Cheung Holdings Limited's (HKG:88) Share Registry?
Feb 16Financial Position Analysis
Short Term Liabilities: 88's short term assets (HK$6.4B) exceed its short term liabilities (HK$191.0M).
Long Term Liabilities: 88's short term assets (HK$6.4B) exceed its long term liabilities (HK$32.5M).
Debt to Equity History and Analysis
Debt Level: 88 has more cash than its total debt.
Reducing Debt: 88's debt to equity ratio has reduced from 4.1% to 0.4% over the past 5 years.
Debt Coverage: 88's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 88's interest payments on its debt are well covered by EBIT.