Tern Properties Balance Sheet Health
Financial Health criteria checks 6/6
Tern Properties has a total shareholder equity of HK$2.6B and total debt of HK$46.0M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are HK$2.7B and HK$109.2M respectively. Tern Properties's EBIT is HK$10.3M making its interest coverage ratio -0.5. It has cash and short-term investments of HK$205.6M.
Key information
1.8%
Debt to equity ratio
HK$45.96m
Debt
Interest coverage ratio | -0.5x |
Cash | HK$205.64m |
Equity | HK$2.59b |
Total liabilities | HK$109.24m |
Total assets | HK$2.70b |
Recent financial health updates
We Think Tern Properties (HKG:277) Can Stay On Top Of Its Debt
Jun 27Here's Why Tern Properties (HKG:277) Can Afford Some Debt
Jan 01Recent updates
We Think Tern Properties (HKG:277) Can Stay On Top Of Its Debt
Jun 27Shareholders May Not Be So Generous With Tern Properties Company Limited's (HKG:277) CEO Compensation And Here's Why
Aug 11Something To Consider Before Buying Tern Properties Company Limited (HKG:277) For The 1.2% Dividend
Apr 27If You Had Bought Tern Properties' (HKG:277) Shares Three Years Ago You Would Be Down 32%
Feb 23Is Tern Properties Company Limited (HKG:277) At Risk Of Cutting Its Dividend?
Jan 27Here's Why Tern Properties (HKG:277) Can Afford Some Debt
Jan 01We Wouldn't Be Too Quick To Buy Tern Properties Company Limited (HKG:277) Before It Goes Ex-Dividend
Dec 06Financial Position Analysis
Short Term Liabilities: 277's short term assets (HK$256.3M) exceed its short term liabilities (HK$22.4M).
Long Term Liabilities: 277's short term assets (HK$256.3M) exceed its long term liabilities (HK$86.9M).
Debt to Equity History and Analysis
Debt Level: 277 has more cash than its total debt.
Reducing Debt: 277's debt to equity ratio has reduced from 7.4% to 1.8% over the past 5 years.
Debt Coverage: 277's debt is well covered by operating cash flow (40.4%).
Interest Coverage: 277 earns more interest than it pays, so coverage of interest payments is not a concern.