Trio Industrial Electronics Group Balance Sheet Health
Financial Health criteria checks 5/6
Trio Industrial Electronics Group has a total shareholder equity of HK$383.9M and total debt of HK$26.9M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are HK$671.2M and HK$287.3M respectively. Trio Industrial Electronics Group's EBIT is HK$3.4M making its interest coverage ratio 0.8. It has cash and short-term investments of HK$103.9M.
Key information
7.0%
Debt to equity ratio
HK$26.93m
Debt
| Interest coverage ratio | 0.8x |
| Cash | HK$103.86m |
| Equity | HK$383.91m |
| Total liabilities | HK$287.28m |
| Total assets | HK$671.19m |
Recent financial health updates
Trio Industrial Electronics Group (HKG:1710) Seems To Use Debt Quite Sensibly
Dec 12
Is Trio Industrial Electronics Group (HKG:1710) Using Debt Sensibly?
Jun 20Trio Industrial Electronics Group (HKG:1710) Seems To Use Debt Rather Sparingly
Mar 29Recent updates
Trio Industrial Electronics Group (HKG:1710) Seems To Use Debt Quite Sensibly
Dec 12There Is A Reason Trio Industrial Electronics Group Limited's (HKG:1710) Price Is Undemanding
Jun 07Many Still Looking Away From Trio Industrial Electronics Group Limited (HKG:1710)
Feb 23Trio Industrial Electronics Group (HKG:1710) Has Announced A Dividend Of HK$0.008
Aug 31A Look At The Intrinsic Value Of Trio Industrial Electronics Group Limited (HKG:1710)
Dec 20Is Trio Industrial Electronics Group (HKG:1710) Using Debt Sensibly?
Jun 20We Think You Should Be Aware Of Some Concerning Factors In Trio Industrial Electronics Group's (HKG:1710) Earnings
Apr 27Some Investors May Be Worried About Trio Industrial Electronics Group's (HKG:1710) Returns On Capital
Apr 24Trio Industrial Electronics Group (HKG:1710) Seems To Use Debt Rather Sparingly
Mar 29Financial Position Analysis
Short Term Liabilities: 1710's short term assets (HK$489.2M) exceed its short term liabilities (HK$189.7M).
Long Term Liabilities: 1710's short term assets (HK$489.2M) exceed its long term liabilities (HK$97.6M).
Debt to Equity History and Analysis
Debt Level: 1710 has more cash than its total debt.
Reducing Debt: 1710's debt to equity ratio has reduced from 19.1% to 7% over the past 5 years.
Debt Coverage: 1710's debt is well covered by operating cash flow (339.6%).
Interest Coverage: 1710's interest payments on its debt are not well covered by EBIT (0.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 18:41 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Trio Industrial Electronics Group Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kenneth Li | Cinda International Research Limited |