Trio Industrial Electronics Group Balance Sheet Health
Financial Health criteria checks 6/6
Trio Industrial Electronics Group has a total shareholder equity of HK$410.7M and total debt of HK$20.7M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are HK$682.8M and HK$272.0M respectively. Trio Industrial Electronics Group's EBIT is HK$60.3M making its interest coverage ratio 12.6. It has cash and short-term investments of HK$61.2M.
Key information
5.0%
Debt to equity ratio
HK$20.66m
Debt
| Interest coverage ratio | 12.6x |
| Cash | HK$61.21m |
| Equity | HK$410.74m |
| Total liabilities | HK$272.04m |
| Total assets | HK$682.77m |
Recent financial health updates
Is Trio Industrial Electronics Group (HKG:1710) Using Debt Sensibly?
Jun 20
Trio Industrial Electronics Group (HKG:1710) Seems To Use Debt Rather Sparingly
Mar 29Recent updates
Many 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$501.4M) exceed its short term liabilities (HK$172.9M).
Long Term Liabilities: 1710's short term assets (HK$501.4M) exceed its long term liabilities (HK$99.2M).
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 23.9% to 5% over the past 5 years.
Debt Coverage: 1710's debt is well covered by operating cash flow (431.7%).
Interest Coverage: 1710's interest payments on its debt are well covered by EBIT (12.6x coverage).