Ten Pao Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Ten Pao Group Holdings has a total shareholder equity of HK$1.4B and total debt of HK$625.8M, which brings its debt-to-equity ratio to 46.1%. Its total assets and total liabilities are HK$4.2B and HK$2.8B respectively. Ten Pao Group Holdings's EBIT is HK$379.5M making its interest coverage ratio 61.9. It has cash and short-term investments of HK$236.4M.
Key information
46.1%
Debt to equity ratio
HK$625.84m
Debt
| Interest coverage ratio | 61.9x |
| Cash | HK$236.36m |
| Equity | HK$1.36b |
| Total liabilities | HK$2.82b |
| Total assets | HK$4.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNPO.F's short term assets (HK$2.8B) exceed its short term liabilities (HK$2.4B).
Long Term Liabilities: TNPO.F's short term assets (HK$2.8B) exceed its long term liabilities (HK$419.8M).
Debt to Equity History and Analysis
Debt Level: TNPO.F's net debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: TNPO.F's debt to equity ratio has increased from 39.5% to 46.1% over the past 5 years.
Debt Coverage: TNPO.F's debt is well covered by operating cash flow (66.9%).
Interest Coverage: TNPO.F's interest payments on its debt are well covered by EBIT (61.9x coverage).