Tian Teck Land Balance Sheet Health
Financial Health criteria checks 5/6
Tian Teck Land has a total shareholder equity of HK$8.3B and total debt of HK$201.5M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are HK$8.7B and HK$471.3M respectively. Tian Teck Land's EBIT is HK$166.6M making its interest coverage ratio -13. It has cash and short-term investments of HK$570.6M.
Key information
2.4%
Debt to equity ratio
HK$201.49m
Debt
| Interest coverage ratio | -13x |
| Cash | HK$570.58m |
| Equity | HK$8.27b |
| Total liabilities | HK$471.28m |
| Total assets | HK$8.74b |
Recent financial health updates
Tian Teck Land (HKG:266) Seems To Use Debt Quite Sensibly
Mar 08
Is Tian Teck Land (HKG:266) Using Too Much Debt?
Nov 29
Recent updates
Tian Teck Land's (HKG:266) Profits May Not Reveal Underlying Issues
Aug 01Tian Teck Land's (HKG:266) Upcoming Dividend Will Be Larger Than Last Year's
Sep 11Tian Teck Land (HKG:266) Is Paying Out A Larger Dividend Than Last Year
Aug 28Tian Teck Land (HKG:266) Is Paying Out A Larger Dividend Than Last Year
Jul 29A Look At The Fair Value Of Tian Teck Land Limited (HKG:266)
Feb 10Tian Teck Land (HKG:266) Has Announced That Its Dividend Will Be Reduced To HK$0.04
Dec 01Tian Teck Land (HKG:266) Is Paying Out A Dividend Of HK$0.08
Jul 14Tian Teck Land (HKG:266) Is Reducing Its Dividend To HK$0.08
Nov 29Should Shareholders Reconsider Tian Teck Land Limited's (HKG:266) CEO Compensation Package?
Sep 02Tian Teck Land's (HKG:266) Dividend Is Being Reduced To HK$0.08
Jul 01Tian Teck Land (HKG:266) Seems To Use Debt Quite Sensibly
Mar 08Tian Teck Land Limited (HKG:266) Investors Should Think About This Before Buying It For Its Dividend
Feb 10Do Insiders Own Lots Of Shares In Tian Teck Land Limited (HKG:266)?
Jan 20If You Had Bought Tian Teck Land's (HKG:266) Shares Three Years Ago You Would Be Down 47%
Dec 30It Might Not Be A Great Idea To Buy Tian Teck Land Limited (HKG:266) For Its Next Dividend
Dec 09Is Tian Teck Land (HKG:266) Using Too Much Debt?
Nov 29Financial Position Analysis
Short Term Liabilities: 266's short term assets (HK$694.3M) exceed its short term liabilities (HK$147.1M).
Long Term Liabilities: 266's short term assets (HK$694.3M) exceed its long term liabilities (HK$324.2M).
Debt to Equity History and Analysis
Debt Level: 266 has more cash than its total debt.
Reducing Debt: 266's debt to equity ratio has increased from 1.4% to 2.4% over the past 5 years.
Debt Coverage: 266's debt is well covered by operating cash flow (93.1%).
Interest Coverage: 266 earns more interest than it pays, so coverage of interest payments is not a concern.