Tsim Sha Tsui Properties Balance Sheet Health
Financial Health criteria checks 5/6
Tsim Sha Tsui Properties has a total shareholder equity of HK$166.1B and total debt of HK$5.1B, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are HK$180.9B and HK$14.8B respectively. Tsim Sha Tsui Properties's EBIT is HK$4.0B making its interest coverage ratio -2. It has cash and short-term investments of HK$2.6B.
Key information
3.1%
Debt to equity ratio
HK$5.15b
Debt
| Interest coverage ratio | -2x |
| Cash | HK$2.63b |
| Equity | HK$166.11b |
| Total liabilities | HK$14.79b |
| Total assets | HK$180.90b |
Recent financial health updates
We Think Tsim Sha Tsui Properties (HKG:247) Can Stay On Top Of Its Debt
Apr 08
Here's Why Tsim Sha Tsui Properties (HKG:247) Can Manage Its Debt Responsibly
Mar 10We Think Tsim Sha Tsui Properties (HKG:247) Can Manage Its Debt With Ease
Oct 18Here's Why Tsim Sha Tsui Properties (HKG:247) Has A Meaningful Debt Burden
May 27Here's Why Tsim Sha Tsui Properties (HKG:247) Can Manage Its Debt Responsibly
Feb 26Recent updates
We Think Tsim Sha Tsui Properties (HKG:247) Can Stay On Top Of Its Debt
Apr 08Tsim Sha Tsui Properties (HKG:247) Is Paying Out A Dividend Of HK$0.15
Feb 25The Price Is Right For Tsim Sha Tsui Properties Limited (HKG:247)
Feb 07Tsim Sha Tsui Properties' (HKG:247) Upcoming Dividend Will Be Larger Than Last Year's
Oct 26Tsim Sha Tsui Properties (HKG:247) Is Increasing Its Dividend To HK$0.43
Aug 31Here's Why Tsim Sha Tsui Properties (HKG:247) Can Manage Its Debt Responsibly
Mar 10Tsim Sha Tsui Properties' (HKG:247) Upcoming Dividend Will Be Larger Than Last Year's
Feb 20We Think Tsim Sha Tsui Properties (HKG:247) Can Manage Its Debt With Ease
Oct 18Here's Why Tsim Sha Tsui Properties (HKG:247) Has A Meaningful Debt Burden
May 27Here's What Tsim Sha Tsui Properties Limited's (HKG:247) Shareholder Ownership Structure Looks Like
Mar 19Here's Why Tsim Sha Tsui Properties (HKG:247) Can Manage Its Debt Responsibly
Feb 26Is Tsim Sha Tsui Properties Limited (HKG:247) A Smart Choice For Dividend Investors?
Feb 03Did Tsim Sha Tsui Properties' (HKG:247) Share Price Deserve to Gain 12%?
Jan 13
Here's Why We Think Tsim Sha Tsui Properties's (HKG:247) Statutory Earnings Might Be Conservative
Dec 23Chee Siong Ng Is The Executive Chairman of Tsim Sha Tsui Properties Limited (HKG:247) And They Just Picked Up 1.7% More Shares
Dec 02Financial Position Analysis
Short Term Liabilities: 247's short term assets (HK$67.7B) exceed its short term liabilities (HK$8.6B).
Long Term Liabilities: 247's short term assets (HK$67.7B) exceed its long term liabilities (HK$6.2B).
Debt to Equity History and Analysis
Debt Level: 247's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: 247's debt to equity ratio has reduced from 6.1% to 3.1% over the past 5 years.
Debt Coverage: 247's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 247 earns more interest than it pays, so coverage of interest payments is not a concern.