Tian An China Investments Balance Sheet Health
Financial Health criteria checks 5/6
Tian An China Investments has a total shareholder equity of HK$26.9B and total debt of HK$8.1B, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are HK$49.5B and HK$22.5B respectively. Tian An China Investments's EBIT is HK$1.6B making its interest coverage ratio -198.2. It has cash and short-term investments of HK$7.0B.
Key information
29.9%
Debt to equity ratio
HK$8.06b
Debt
Interest coverage ratio | -198.2x |
Cash | HK$6.99b |
Equity | HK$26.92b |
Total liabilities | HK$22.53b |
Total assets | HK$49.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIAC.F's short term assets (HK$18.3B) exceed its short term liabilities (HK$14.8B).
Long Term Liabilities: TIAC.F's short term assets (HK$18.3B) exceed its long term liabilities (HK$7.7B).
Debt to Equity History and Analysis
Debt Level: TIAC.F's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: TIAC.F's debt to equity ratio has increased from 19% to 29.9% over the past 5 years.
Debt Coverage: TIAC.F's debt is well covered by operating cash flow (61.6%).
Interest Coverage: TIAC.F earns more interest than it pays, so coverage of interest payments is not a concern.