Wing Tai Properties Balance Sheet Health
Financial Health criteria checks 4/6
Wing Tai Properties has a total shareholder equity of HK$26.1B and total debt of HK$6.8B, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are HK$34.0B and HK$7.9B respectively. Wing Tai Properties's EBIT is HK$330.7M making its interest coverage ratio 5.2. It has cash and short-term investments of HK$3.2B.
Key information
26.1%
Debt to equity ratio
HK$6.81b
Debt
| Interest coverage ratio | 5.2x |
| Cash | HK$3.22b |
| Equity | HK$26.09b |
| Total liabilities | HK$7.89b |
| Total assets | HK$33.99b |
Recent financial health updates
Recent updates
Wing Tai Properties (HKG:369) Has Announced A Dividend Of HK$0.08
Apr 23
Wing Tai Properties (HKG:369) Is Due To Pay A Dividend Of HK$0.06
Aug 28Wing Tai Properties (HKG:369) Will Pay A Dividend Of HK$0.21
Apr 04Calculating The Fair Value Of Wing Tai Properties Limited (HKG:369)
Aug 18Wing Tai Properties' (HKG:369) Dividend Will Be HK$0.06
Sep 13Wing Tai Properties (HKG:369) Has Affirmed Its Dividend Of HK$0.06
Aug 29Is Wing Tai Properties (HKG:369) Using Too Much Debt?
Apr 09Is Wing Tai Properties Limited (HKG:369) A Smart Choice For Dividend Investors?
Mar 05Wing Tai Properties' (HKG:369) Stock Price Has Reduced 35% In The Past Three Years
Jan 29How Much Of Wing Tai Properties Limited (HKG:369) Do Insiders Own?
Dec 25How Much is Wing Tai Properties' (HKG:369) CEO Getting Paid?
Dec 04Financial Position Analysis
Short Term Liabilities: 369's short term assets (HK$8.0B) exceed its short term liabilities (HK$3.6B).
Long Term Liabilities: 369's short term assets (HK$8.0B) exceed its long term liabilities (HK$4.3B).
Debt to Equity History and Analysis
Debt Level: 369's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: 369's debt to equity ratio has increased from 17.5% to 26.1% over the past 5 years.
Debt Coverage: 369's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: 369's interest payments on its debt are well covered by EBIT (5.2x coverage).