Tianjin Port Development Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Tianjin Port Development Holdings has a total shareholder equity of HK$30.3B and total debt of HK$5.3B, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are HK$41.2B and HK$10.9B respectively. Tianjin Port Development Holdings's EBIT is HK$1.6B making its interest coverage ratio 13.8. It has cash and short-term investments of HK$7.0B.
Key information
17.4%
Debt to equity ratio
HK$5.27b
Debt
| Interest coverage ratio | 13.8x |
| Cash | HK$6.99b |
| Equity | HK$30.34b |
| Total liabilities | HK$10.85b |
| Total assets | HK$41.19b |
Recent financial health updates
Recent updates
Tianjin Port Development Holdings (HKG:3382) Will Pay A Larger Dividend Than Last Year At HK$0.0473
Jun 13
Tianjin Port Development Holdings (HKG:3382) Will Pay A Larger Dividend Than Last Year At HK$0.0473
Apr 25Tianjin Port Development Holdings (HKG:3382) Is Increasing Its Dividend To HK$0.0473
Mar 29Tianjin Port Development Holdings (HKG:3382) Will Pay A Smaller Dividend Than Last Year
Jun 04Investors Could Be Concerned With Tianjin Port Development Holdings' (HKG:3382) Returns On Capital
Jan 09Tianjin Port Development Holdings (HKG:3382) Is Finding It Tricky To Allocate Its Capital
Sep 29Tianjin Port Development Holdings' (HKG:3382) Dividend Will Be Increased To HK$0.06
Jun 10We Think That There Are Issues Underlying Tianjin Port Development Holdings' (HKG:3382) Earnings
May 02Tianjin Port Development Holdings (HKG:3382) Has Announced That It Will Be Increasing Its Dividend To HK$0.06
Apr 29Tianjin Port Development Holdings' (HKG:3382) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 15Tianjin Port Development Holdings (HKG:3382) Is Paying Out A Larger Dividend Than Last Year
Apr 01Be Wary Of Tianjin Port Development Holdings (HKG:3382) And Its Returns On Capital
Mar 15Investors Could Be Concerned With Tianjin Port Development Holdings' (HKG:3382) Returns On Capital
Sep 14Tianjin Port Development Holdings (HKG:3382) May Have Issues Allocating Its Capital
Jun 06Tianjin Port Development Holdings (HKG:3382) Takes On Some Risk With Its Use Of Debt
Apr 18Key Things To Watch Out For If You Are After Tianjin Port Development Holdings Limited's (HKG:3382) 4.0% Dividend
Mar 23Does Tianjin Port Development Holdings' (HKG:3382) Returns On Capital Reflect Well On The Business?
Feb 24How Much Did Tianjin Port Development Holdings'(HKG:3382) Shareholders Earn From Share Price Movements Over The Last Three Years?
Jan 13
What To Know Before Buying Tianjin Port Development Holdings Limited (HKG:3382) For Its Dividend
Dec 17Should You Be Worried About Tianjin Port Development Holdings' (HKG:3382) Returns On Capital?
Nov 26Financial Position Analysis
Short Term Liabilities: 3382's short term assets (HK$9.8B) exceed its short term liabilities (HK$6.5B).
Long Term Liabilities: 3382's short term assets (HK$9.8B) exceed its long term liabilities (HK$4.3B).
Debt to Equity History and Analysis
Debt Level: 3382 has more cash than its total debt.
Reducing Debt: 3382's debt to equity ratio has reduced from 54.9% to 17.4% over the past 5 years.
Debt Coverage: 3382's debt is well covered by operating cash flow (52.9%).
Interest Coverage: 3382's interest payments on its debt are well covered by EBIT (13.8x coverage).