Towngas Smart Energy Balance Sheet Health
Financial Health criteria checks 0/6
Towngas Smart Energy has a total shareholder equity of HK$24.8B and total debt of HK$18.6B, which brings its debt-to-equity ratio to 75.1%. Its total assets and total liabilities are HK$53.6B and HK$28.8B respectively. Towngas Smart Energy's EBIT is HK$1.8B making its interest coverage ratio 3. It has cash and short-term investments of HK$3.9B.
Key information
75.1%
Debt to equity ratio
HK$18.63b
Debt
| Interest coverage ratio | 3x |
| Cash | HK$3.88b |
| Equity | HK$24.79b |
| Total liabilities | HK$28.85b |
| Total assets | HK$53.64b |
Recent financial health updates
These 4 Measures Indicate That Towngas Smart Energy (HKG:1083) Is Using Debt In A Risky Way
Mar 21
Towngas Smart Energy (HKG:1083) Has No Shortage Of Debt
Sep 20Towngas Smart Energy (HKG:1083) Has No Shortage Of Debt
Dec 02Does Towngas Smart Energy (HKG:1083) Have A Healthy Balance Sheet?
Aug 26Does Towngas Smart Energy (HKG:1083) Have A Healthy Balance Sheet?
Mar 21Recent updates
An Intrinsic Calculation For Towngas Smart Energy Company Limited (HKG:1083) Suggests It's 38% Undervalued
Nov 14Towngas Smart Energy (HKG:1083) Will Be Hoping To Turn Its Returns On Capital Around
Oct 14Towngas Smart Energy Company Limited's (HKG:1083) Popularity With Investors Is Clear
Sep 20An Intrinsic Calculation For Towngas Smart Energy Company Limited (HKG:1083) Suggests It's 38% Undervalued
Aug 13Some Investors May Be Worried About Towngas Smart Energy's (HKG:1083) Returns On Capital
Jul 14Towngas Smart Energy Company Limited's (HKG:1083) Shares Lagging The Market But So Is The Business
Jun 17Towngas Smart Energy (HKG:1083) Is Increasing Its Dividend To HK$0.16
May 30We Think Towngas Smart Energy Company Limited's (HKG:1083) CEO Compensation Package Needs To Be Put Under A Microscope
May 22Towngas Smart Energy's (HKG:1083) Shareholders Will Receive A Bigger Dividend Than Last Year
May 01Towngas Smart Energy's (HKG:1083) Shareholders May Want To Dig Deeper Than Statutory Profit
Apr 23Towngas Smart Energy (HKG:1083) Is Paying Out A Larger Dividend Than Last Year
Apr 17These 4 Measures Indicate That Towngas Smart Energy (HKG:1083) Is Using Debt In A Risky Way
Mar 21Market Participants Recognise Towngas Smart Energy Company Limited's (HKG:1083) Earnings
Jan 18Here's What's Concerning About Towngas Smart Energy's (HKG:1083) Returns On Capital
Nov 29Calculating The Fair Value Of Towngas Smart Energy Company Limited (HKG:1083)
Oct 29Towngas Smart Energy (HKG:1083) Has No Shortage Of Debt
Sep 20Returns On Capital At Towngas Smart Energy (HKG:1083) Have Hit The Brakes
Aug 14Towngas Smart Energy Company Limited's (HKG:1083) Intrinsic Value Is Potentially 17% Below Its Share Price
Jul 27Why Towngas Smart Energy Company Limited (HKG:1083) Could Be Worth Watching
Jun 14Towngas Smart Energy (HKG:1083) Is Due To Pay A Dividend Of HK$0.15
May 26Returns On Capital At Towngas Smart Energy (HKG:1083) Have Hit The Brakes
May 09Towngas Smart Energy (HKG:1083) Will Pay A Dividend Of HK$0.15
Mar 19When Should You Buy Towngas Smart Energy Company Limited (HKG:1083)?
Feb 01Here's What To Make Of Towngas Smart Energy's (HKG:1083) Decelerating Rates Of Return
Jan 09Towngas Smart Energy (HKG:1083) Has No Shortage Of Debt
Dec 02Calculating The Fair Value Of Towngas Smart Energy Company Limited (HKG:1083)
Nov 17Here's What To Make Of Towngas Smart Energy's (HKG:1083) Decelerating Rates Of Return
Sep 30Does Towngas Smart Energy (HKG:1083) Have A Healthy Balance Sheet?
Aug 26An Intrinsic Calculation For Towngas Smart Energy Company Limited (HKG:1083) Suggests It's 25% Undervalued
Aug 10Here's What To Make Of Towngas Smart Energy's (HKG:1083) Decelerating Rates Of Return
Jun 30Towngas Smart Energy (HKG:1083) Has Affirmed Its Dividend Of HK$0.15
May 27Is Now The Time To Look At Buying Towngas Smart Energy Company Limited (HKG:1083)?
May 06Weak Statutory Earnings May Not Tell The Whole Story For Towngas Smart Energy (HKG:1083)
Apr 20Towngas Smart Energy's (HKG:1083) Dividend Will Be HK$0.15
Apr 14A Look At The Fair Value Of Towngas Smart Energy Company Limited (HKG:1083)
Apr 12Does Towngas Smart Energy (HKG:1083) Have A Healthy Balance Sheet?
Mar 21Returns At Towngas Smart Energy (HKG:1083) Are On The Way Up
Feb 07Why Towngas Smart Energy Company Limited (HKG:1083) Could Be Worth Watching
Jan 14Here's Why Towngas China (HKG:1083) Has A Meaningful Debt Burden
Nov 22Towngas China (HKG:1083) Is Doing The Right Things To Multiply Its Share Price
Oct 07Is Towngas China (HKG:1083) A Risky Investment?
Aug 23The Return Trends At Towngas China (HKG:1083) Look Promising
Jul 05Financial Position Analysis
Short Term Liabilities: 1083's short term assets (HK$8.1B) do not cover its short term liabilities (HK$20.2B).
Long Term Liabilities: 1083's short term assets (HK$8.1B) do not cover its long term liabilities (HK$8.7B).
Debt to Equity History and Analysis
Debt Level: 1083's net debt to equity ratio (59.5%) is considered high.
Reducing Debt: 1083's debt to equity ratio has increased from 57.1% to 75.1% over the past 5 years.
Debt Coverage: 1083's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: 1083's interest payments on its debt are not well covered by EBIT (3x coverage).