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$44.6M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are HK$2.7B and HK$108.1M respectively. Tern Properties's EBIT is HK$21.0M making its interest coverage ratio -1.1. It has cash and short-term investments of HK$297.7M.
Key information
1.7%
Debt to equity ratio
HK$44.59m
Debt
| Interest coverage ratio | -1.1x |
| Cash | HK$297.68m |
| Equity | HK$2.58b |
| Total liabilities | HK$108.09m |
| Total assets | HK$2.68b |
Recent financial health updates
We Think Tern Properties (HKG:277) Can Stay On Top Of Its Debt
Jun 27
Here's Why Tern Properties (HKG:277) Can Afford Some Debt
Jan 01
Recent 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$313.2M) exceed its short term liabilities (HK$20.1M).
Long Term Liabilities: 277's short term assets (HK$313.2M) exceed its long term liabilities (HK$88.0M).
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 7.2% to 1.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 277 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 277 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 15.2% per year.