TCL Electronics Holdings (TCLHF) Debt Metrics
Market Cap: $2.95B
Avg Volume: 1.58K
Industry: Consumer Electronics
Sector: Technology
How much debt does TCL Electronics Holdings have?
According to TCL Electronics Holdings's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
TCL Electronics Holdings's total debt stands at $6.22B. This is broken down into:
- Long-term debt: $1.13B
- Short-term debt: $5.09B
The company's net debt, which accounts for cash and cash equivalents, is $-4.52B. In terms of overall financial obligations, TCL Electronics Holdings's total liabilities amount to $47.47B.
Debt Ratios and Metrics
To better understand TCL Electronics Holdings's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.37 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 9.60% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 0.93 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 5.05% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 27.13% - this indicates the total debt in the company's capital structure.
These metrics provide insight into TCL Electronics Holdings's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$6.22B
Long-term Debt
$1.13B
Short-term Debt
$5.09B
Net Debt
$-4.52B
Total Liabilities
$47.47B
Interest Coverage
0.93
Debt to Equity Ratio
0.37
Debt Ratio
9.60%
TCL Electronics Holdings Historical Debt Metrics
TCL Electronics Holdings Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $6.22B | $1.13B | $5.09B | $-4.52B | $47.47B | 0.37 | 9.60% | 0.93 | 5.05% | 27.13% |
| 2022 | $5.87B | $1.29B | $4.59B | $-3.52B | $38.23B | 0.36 | 10.66% | 1.98 | 5.89% | 26.30% |
| 2021 | $7.34B | $812.51M | $6.53B | $-4.17B | $41.16B | 0.41 | 12.33% | 0.57 | 2.67% | 29.02% |
| 2020 | $5.79B | $1.11B | $4.68B | $-4.59B | $35.60B | 0.36 | 11.07% | 5.10 | 5.04% | 26.38% |
| 2019 | $1.88B | $148.91M | $1.73B | $-6.32B | $21.39B | 0.16 | 5.64% | 14.92 | 0.77% | 13.96% |
| 2018 | $1.11B | $20.54M | $663.64M | $-5.63B | $18.42B | 0.11 | 3.95% | 11.01 | 0.21% | 10.23% |
| 2017 | $2.93B | $21.54M | $2.91B | $-2.98B | $18.37B | 0.38 | 11.23% | 5.07 | 0.28% | 27.73% |
| 2016 | $1.36B | $- | $1.35B | $-2.53B | $13.75B | 0.21 | 6.67% | 3.16 | 0.00% | 17.36% |
| 2015 | $1.47B | $10.14M | $1.46B | $-749.42M | $13.77B | 0.34 | 8.06% | 1.20 | 0.12% | 25.43% |
| 2014 | $3.18B | $925.03M | $2.25B | $-203.77M | $16.88B | 0.71 | 14.78% | 3.01 | 17.15% | 41.54% |
Related Metrics
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