Tianjin Binhai Teda Logistics (Group) Balance Sheet Health
Financial Health criteria checks 4/6
Tianjin Binhai Teda Logistics (Group) has a total shareholder equity of CN¥991.3M and total debt of CN¥351.9M, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are CN¥1.8B and CN¥829.5M respectively. Tianjin Binhai Teda Logistics (Group)'s EBIT is CN¥14.6M making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥340.3M.
Key information
35.5%
Debt to equity ratio
CN¥351.91m
Debt
| Interest coverage ratio | 1.5x |
| Cash | CN¥340.30m |
| Equity | CN¥991.28m |
| Total liabilities | CN¥829.51m |
| Total assets | CN¥1.82b |
Recent financial health updates
Is Tianjin Binhai Teda Logistics (Group) (HKG:8348) A Risky Investment?
Jun 28
Here's Why Tianjin Binhai Teda Logistics (Group) (HKG:8348) Has A Meaningful Debt Burden
Dec 06Health Check: How Prudently Does Tianjin Binhai Teda Logistics (Group) (HKG:8348) Use Debt?
Aug 30Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Tianjin Binhai Teda Logistics (Group)'s (HKG:8348) Earnings
Mar 25Tianjin Binhai Teda Logistics (Group) Corporation Limited's (HKG:8348) Subdued P/E Might Signal An Opportunity
Jan 30Returns On Capital Signal Difficult Times Ahead For Tianjin Binhai Teda Logistics (Group) (HKG:8348)
Oct 19Is Tianjin Binhai Teda Logistics (Group) (HKG:8348) A Risky Investment?
Jun 28Tianjin Binhai Teda Logistics (Group) (HKG:8348) Is Experiencing Growth In Returns On Capital
Mar 22Here's Why Tianjin Binhai Teda Logistics (Group) (HKG:8348) Has A Meaningful Debt Burden
Dec 06The Return Trends At Tianjin Binhai Teda Logistics (Group) (HKG:8348) Look Promising
Jun 25Health Check: How Prudently Does Tianjin Binhai Teda Logistics (Group) (HKG:8348) Use Debt?
Aug 30Here's Why Shareholders Should Examine Tianjin Binhai Teda Logistics (Group) Corporation Limited's (HKG:8348) CEO Compensation Package More Closely
May 04Has Tianjin Binhai TEDA Logistics (Group) (HKG:8348) Got What It Takes To Become A Multi-Bagger?
Mar 01Financial Position Analysis
Short Term Liabilities: 8348's short term assets (CN¥825.0M) exceed its short term liabilities (CN¥720.2M).
Long Term Liabilities: 8348's short term assets (CN¥825.0M) exceed its long term liabilities (CN¥109.3M).
Debt to Equity History and Analysis
Debt Level: 8348's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: 8348's debt to equity ratio has reduced from 47.3% to 35.5% over the past 5 years.
Debt Coverage: 8348's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8348's interest payments on its debt are not well covered by EBIT (1.5x coverage).