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.