Tan Chong International Balance Sheet Health
Financial Health criteria checks 3/6
Tan Chong International has a total shareholder equity of HK$12.2B and total debt of HK$7.9B, which brings its debt-to-equity ratio to 64.2%. Its total assets and total liabilities are HK$23.3B and HK$11.1B respectively. Tan Chong International's EBIT is HK$857.9M making its interest coverage ratio 3.9. It has cash and short-term investments of HK$1.9B.
Key information
64.2%
Debt to equity ratio
HK$7.85b
Debt
| Interest coverage ratio | 3.9x |
| Cash | HK$1.91b |
| Equity | HK$12.24b |
| Total liabilities | HK$11.10b |
| Total assets | HK$23.34b |
Recent financial health updates
Recent updates
Tan Chong International (HKG:693) Has Announced A Dividend Of HK$0.045
Apr 25
Tan Chong International (HKG:693) Will Pay A Dividend Of HK$0.045
Mar 31Some Investors May Be Worried About Tan Chong International's (HKG:693) Returns On Capital
Dec 21Tan Chong International's (HKG:693) Upcoming Dividend Will Be Larger Than Last Year's
Aug 25Tan Chong International (HKG:693) Is Increasing Its Dividend To HK$0.075
Mar 30Tan Chong International's (HKG:693) Upcoming Dividend Will Be Larger Than Last Year's
Aug 24Tan Chong International (HKG:693) Is Increasing Its Dividend To HK$0.05
Apr 27Tan Chong International's (HKG:693) Upcoming Dividend Will Be Larger Than Last Year's
Mar 28Tan Chong International (HKG:693) Is Increasing Its Dividend To HK$0.015
Aug 26Is Tan Chong International (HKG:693) A Risky Investment?
Apr 05The Returns On Capital At Tan Chong International (HKG:693) Don't Inspire Confidence
Mar 07How Does Tan Chong International Limited (HKG:693) Fare As A Dividend Stock?
Feb 08We're Not So Sure You Should Rely on Tan Chong International's (HKG:693) Statutory Earnings
Jan 18If You Had Bought Tan Chong International's (HKG:693) Shares Five Years Ago You Would Be Down 22%
Dec 22Here's What We Make Of Tan Chong International's (HKG:693) Returns On Capital
Dec 04Financial Position Analysis
Short Term Liabilities: 693's short term assets (HK$9.5B) exceed its short term liabilities (HK$7.5B).
Long Term Liabilities: 693's short term assets (HK$9.5B) exceed its long term liabilities (HK$3.6B).
Debt to Equity History and Analysis
Debt Level: 693's net debt to equity ratio (48.6%) is considered high.
Reducing Debt: 693's debt to equity ratio has increased from 26.8% to 64.2% over the past 5 years.
Debt Coverage: 693's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 693's interest payments on its debt are well covered by EBIT (3.9x coverage).