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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 07:43 |
| End of Day Share Price | 2024/12/20 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 here.
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 .
Analyst Sources
TCL Electronics Holdings Limited is covered by 22 analysts. 4 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 |
|---|---|
| Peter Yu | BNP Paribas Securities (Asia) |
| Geng Yang | BOCI Research Ltd. |
| Jianying Xie | BOCOM International Securities Limited |