Tianjin Port Development Holdings Financial Health
Financial Health criteria checks 6/6
Tianjin Port Development Holdings has a total shareholder equity of HK$29.7B and total debt of HK$8.3B, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are HK$42.2B and HK$12.6B respectively. Tianjin Port Development Holdings's EBIT is HK$1.3B making its interest coverage ratio 7.8. It has cash and short-term investments of HK$8.0B.
Key information
28.0%
Debt to equity ratio
HK$8.29b
Debt
| Interest coverage ratio | 7.8x |
| Cash | HK$7.95b |
| Equity | HK$29.65b |
| Total liabilities | HK$12.56b |
| Total assets | HK$42.21b |
Recent financial health updates
Recent updates
Tianjin Port Development Holdings (HKG:3382) Will Pay A Smaller Dividend Than Last Year
Jun 04
Investors 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$10.2B) exceed its short term liabilities (HK$7.8B).
Long Term Liabilities: 3382's short term assets (HK$10.2B) exceed its long term liabilities (HK$4.8B).
Debt to Equity History and Analysis
Debt Level: 3382's net debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: 3382's debt to equity ratio has reduced from 60.9% to 28% over the past 5 years.
Debt Coverage: 3382's debt is well covered by operating cash flow (37.3%).
Interest Coverage: 3382's interest payments on its debt are well covered by EBIT (7.8x coverage).