Television Broadcasts Balance Sheet Health
Financial Health criteria checks 2/6
Television Broadcasts has a total shareholder equity of HK$2.7B and total debt of HK$2.3B, which brings its debt-to-equity ratio to 83.5%. Its total assets and total liabilities are HK$6.2B and HK$3.5B respectively.
Key information
83.5%
Debt to equity ratio
HK$2.29b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$787.28m |
| Equity | HK$2.74b |
| Total liabilities | HK$3.51b |
| Total assets | HK$6.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TVBC.F's short term assets (HK$3.8B) exceed its short term liabilities (HK$1.7B).
Long Term Liabilities: TVBC.F's short term assets (HK$3.8B) exceed its long term liabilities (HK$1.8B).
Debt to Equity History and Analysis
Debt Level: TVBC.F's net debt to equity ratio (54.8%) is considered high.
Reducing Debt: TVBC.F's debt to equity ratio has increased from 48.3% to 83.5% over the past 5 years.
Debt Coverage: TVBC.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TVBC.F's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/04/22 05:06 |
| End of Day Share Price | 2024/01/24 00:00 |
| Earnings | 2023/12/31 |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Television Broadcasts Limited is covered by 21 analysts. 1 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 |
|---|---|
| Ying Zhou | Barclays |
| Silvia Ko | BNP Paribas Securities (Asia) |
| Allan NG | BOCI Research Ltd. |