TCL Electronics Holdings Balance Sheet Health
Financial Health criteria checks 5/6
TCL Electronics Holdings has a total shareholder equity of HK$17.1B and total debt of HK$6.7B, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are HK$71.3B and HK$54.1B respectively. TCL Electronics Holdings's EBIT is HK$691.2M making its interest coverage ratio 3.8. It has cash and short-term investments of HK$10.4B.
Key information
38.8%
Debt to equity ratio
HK$6.65b
Debt
| Interest coverage ratio | 3.8x |
| Cash | HK$10.39b |
| Equity | HK$17.14b |
| Total liabilities | HK$54.12b |
| Total assets | HK$71.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TCLH.F's short term assets (HK$60.2B) exceed its short term liabilities (HK$52.6B).
Long Term Liabilities: TCLH.F's short term assets (HK$60.2B) exceed its long term liabilities (HK$1.5B).
Debt to Equity History and Analysis
Debt Level: TCLH.F has more cash than its total debt.
Reducing Debt: TCLH.F's debt to equity ratio has increased from 7.6% to 38.8% over the past 5 years.
Debt Coverage: TCLH.F's debt is well covered by operating cash flow (29.5%).
Interest Coverage: TCLH.F's interest payments on its debt are well covered by EBIT (3.8x coverage).